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Nearshoring is when companies hire foreign employees in a neighboring country. For example, a soft drinks company in Germany might nearshore its bottling operations to Poland.
There are several reasons why company might want to nearshore a portion of their workforce:
Hiring overseas usually requires you to open your own subsidiary or entity. This is expensive, time-consuming, and makes you solely responsible for complex tax and labor law compliance. With Horizons, you get all the benefits of international hiring without the hassle of opening a local entity.
Hire employees in 180+ countries worldwide.
With Horizons nearshoring, hire in hours instead of months.
We fill all local HR duties so you save on hiring costs.
Why is nearshoring employees so compelling? Consider the following ways in which global hire may appeal to a company:
There are well-recognized skill shortages in many developed countries, especially when it comes to technology and senior management roles. Nearshoring can help fill those skills gaps while keeping operations in the same timezone.
For many international businesses, their clientele are themselves international. This means that it can be important to have staff that speak internationally important languages such as Mandarin or Spanish. Hiring overseas is the most straightforward way of achieving a team with these capabilities.
Having employees in a nearby location makes the business more resilient against any issues that affect the home office exclusively.
Hiring in a nearby country with a lower cost-of-living can save your company money.
When you partner with Horizons, you ensure a smooth, hassle-free hiring and payroll experience. Employees can be onboarded, in any country in the world, within 24 hours.
No matter where you are based in the world, you can hire employees in a nearby country. With Horizons your global team can be hired in any country through 180+ entities.
Horizons takes care of payroll for every employee, leaving you with just one monthly bill, paid in the currency of your choice.
Hiring overseas no longer takes weeks or months. With Horizons new employees can be ready to go within 24 hours.
Horizons takes care of all employment taxes, social security contributions and other liabilities. There is no need for you to decipher complex foreign legal requirements.
Superior employee health insurance and benefits for your employees.
Through our nearshoring solution, Horizons can save you up to 85% on the cost of employee hire.
Pick candidates of your own choosing, or make use of our talent acquisition service.
We become the Employer of Record (EOR) for your global team, while you remain in charge on a day-to-day basis.
We take care of payroll and also withhold employment taxes and manage compliance.
Reduce the time you spend on setting up local payroll and paying your global team. We take care of everything, so you can focus on your business.
With one partner, you can hire a global workforce nearby or in 180+ countries.
Instead of the weeks or months it takes to set up an entity, onboard employees in as little as 24 hours.
With no need for company incorporation or set-up, you save 85 percent of the cost of hiring overseas.
Our experts on the ground ensure full compliance with local tax and labor laws.
As well as nearshoring, Horizons can manage global EOR, contractor hire, recruitment and visas.
Our user-friendly HR platform gives you 24/7 oversight of your global payroll.
There often comes a time when employees are ready to move on. This is usually a resignation, but in some cases could be a dismissal/ termination.
Horizons manages this ‘offboarding’ for you, to ensure that the process goes as smoothly as possible.
The steps are as follows:
Through our platform, find the contract of the relevant employee and initiate an offboarding request.
We will request further information, such as any reasons for dismissal, to ensure that local laws relating to ending contracts are followed.
We will then be in touch to confirm the dates and details for any contract termination.
Hiring internationally used to take weeks or months. With Horizons you can onboard employees in as little as 24 hours.
Headquarters
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Headquarters – Singapore
71 Robinson Road #13-153
Singapore 068895
+65 3105 1170
Skalitzer Str. 85/86
10997, Berlin
+49 30 3119 9653
1700 S. Lamar Blvd Suite 338
Austin, Texas 78704
+1 (737) 265-6065
See more locations
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