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Effective URL: https://www.airswift.com/services/global-employment-outsourcing/
Submission: On January 19 via manual from GB — Scanned from GB
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<p><span>Terms and Conditions</span></p>
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ABOUT
Airswift is an international workforce solutions provider to the technology
and engineering sectors.
Learn more about us
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* History
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SERVICES
Transforming economies, changing lives.
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GLOBAL EMPLOYMENT OUTSOURCING SERVICES (GEO)
* Home
* Services
* Global Employment Outsourcing
WHAT IS GEO AND HOW CAN IT HELP MY BUSINESS?
For companies that want to stretch their corporate presence beyond their home
country, access richer talent pools, and tap into new revenue outlets, global
expansion is often the way to go.
However, entering foreign countries can be a tricky process. This is why a
growing number of businesses opt to work with GEO companies.
GEO is an acronym for Global Employment Outsourcing. These services are provided
by international employment firms that can act as a legal Employer of Record
(EOR) for a client company.
GEO services are designed to simplify the international expansion journey and
help you navigate various administrative HR tasks when:
* Performing work in a country where your company may not be registered
* Setting up a new legal entity
* Understanding labour laws and tax implications in-country
An Employer of Record is an organisation with the legal responsibility for
labour compliance. This is especially important when operating in a country
where your organisation does not formally have a local entity.
AN EMPLOYER OF RECORD CAN SUPPORT YOU WITH A RANGE OF TASKS INCLUDING:
* Payroll and tax administration
* Employee benefits
* Foreign exchange and in-country money movement
* Employment contracts
* Insurance
* Local laws
* Immigration or visa/work permit processing
--------------------------------------------------------------------------------
WHAT ARE THE KEY BENEFITS OF OUTSOURCING GLOBAL EMPLOYMENT?
Outsourcing your employment requirements to a global specialist will result in
several operational efficiencies.
1. QUICKLY ENTER NEW MARKETS
By working with an internationally diverse GEO company, you can quickly enter
new markets without the need for establishing local entities.
Operating in multiple countries can be overwhelming for growing organisations.
Navigating compliance, communicating with foreign employees, tax implications,
and frequent immigration changes reduce your ability to focus on long-term
talent strategy.
Partnering with a supplier with a detailed understanding of compliance
requirements can help you concentrate on your company's growth and achieving
your core business goals such as; market research, talent acquisition, customer
service, and maintaining profitability.
2. COST-EFFECTIVE AND STREAMLINED HR
Employment and compliance challenges are multiplied when your costs escalate
from managing multiple suppliers or recruiting HR specialists.
There is a high cost associated with opening an entity in-country. It often
makes more sense to leverage another company’s footprint to ease financial
burdens.
Outsourcing enables you to work with a single entity while removing the need to
maintain an expensive in-house team.
3. IMPROVED PRODUCTIVITY AND COMMUNICATION
An outsourced global employer organisation can provide one contact for all
inquiries.
This increases efficiency and ensures issues are dealt with quickly while
reducing the need to engage multiple stakeholders, freeing up time to focus on
your core business functions.
4. REMAIN COMPLIANT, REDUCE RISK
It is important that a workforce is not only mobilized quickly but legally. The
need to stay on top of legislation is imperative to the success of any global
company.
A global employment outsourcing specialist with in-depth local knowledge ensures
your workforce is compliantly managed while reducing the risk of noncompliance
and any operational errors.
Wherever in the world, you choose to operate your business entity.
5. ACCURATE AND RELIABLE PAYROLL MANAGEMENT
Maintaining in-house finance and international payroll teams can be expensive
and difficult for clients without a permanent base in-country.
Paired with changing compliance requirements and limited legal knowledge,
managing payroll is often one of the biggest challenges of global expansion.
A GEO company can manage local/national income tax and social security payments
on behalf of local and international employees. They can also make sure that
this money is deducted from their salaries and paid directly to the tax
authorities.
COULD EMPLOYMENT OUTSOURCING HELP YOUR BUSINESS TO EXPAND?
Contact a GEO specialist!
HIRE AND MANAGE REMOTE TEAMS WITH A GEO PARTNER
Many things have changed since the Covid-19 pandemic and one of these is how the
world has grown to embrace remote working.
For businesses that find themselves having to manage teams of geographically
dispersed, international talent, working with a global employment outsourcing
company can help to reduce the number of administrative tasks you'll encounter.
Regardless of your business size.
Working with a GEO company also helps companies expand their international
talent acquisition efforts. An employer of record can help businesses hire from
anywhere in the world - without having to establish a foreign entity. Letting
you hire the best people for the job without having to worry about geographic
restrictions.
By letting you sidestep time-consuming international business incorporation
processes, an employer of record can help get your international hires
on-boarded and on the job within days.
An EOR can also help to support your remote employees and create a seamless
employee experience. Some of the remote working challenges an EOR can solve
include:
* Advising on notice periods and contracts
* Assisting with legal documentation and tax filings
* Provide in-country worker support
OUR GLOBAL EMPLOYMENT SOLUTIONS INCLUDE:
INTERNATIONAL GEO
Best for companies that do not have an entity in-country and/or local HR
support.
* Employer of Record services
* Payroll of staff members (calculation of pay from gross to net)
* Management of expat visas
* Option to provide Airswift employee benefits
INTERNATIONAL PAYROLL SERVICES
For companies that have an entity but no local HR support.
* Calculation of pay from gross to net
* Payroll instructions & reconciliations
* Expense management & payments
* Tax filings and payments
* Year-end compliance reporting
* Tax equalizations
* Allowance management
* PTO and accrual tracking
* Employee query management
* HRIS Management
GLOBAL HR CONSULTING
* Entity set-up & service
* Project management services
* Organizational design
* Cost reduction/synergy reviews
* In-house payroll implementations
* HRIS Implementations
* Outplacement services
* Learning & Development
* Learning Management System (LMS)
* Content creation
* Leadership development programs
* New hire academies
GLOBAL IMMIGRATION
* Business visa services
* Advisory services
* Work permit and work authorisation services
* Applications
* Sponsorship
HOW CAN AIRSWIFT SUPPORT YOUR GLOBAL EXPANSION?
At Airswift, people are at the heart of everything we do and employee care is
our speciality. With over 60 offices globally and operations in 130 countries,
we know people and their needs.
We specialise in handling the toughest immigration challenges, logistical
hardships, and complex employment laws. It’s what we do. Let us share our
experiences and support your growing needs where you need it most.
NEED HELP WITH INTERNATIONAL BUSINESS EXPANSION?
Contact a GEO specialist!
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