Global PEO Solutions Help Startups Hire Overseas
If you are a business startup interested in global hiring, Horizons can help. Horizons is a Global Professional Employer Organization (Global PEO). This means that they recruit and hire staff for your business in overseas locations. This is usually the fastest and most cost-effective method of global hiring, making it an attractive option for agile startups.
A Global PEO ensures that your new international location operates efficiently and in full compliance with local laws. Conducting business in a international location without fully understanding the legal and compliance environment could leave you at significant risk of fines and back-taxes.
I would like to hire employees in:
What are the advantages of a startup using a Global PEO?
Startups that engage a Horizons Global PEO solution scan benefit in the ways listed below.
A Scaled Solution
Global PEOs enable business expansion at any size. This means you can start small, and 'scale up' as your business grows, without incurring excessive extra costs.
Fast Entry
Setting up your own local entity or subsidiary in a new country often takes a considerable period of time. With a Global PEO solution you could have staff operating in your country of choice with 48 hours.
Compliance
Global PEOs ensure that your international operations comply fully with local tax and employment laws.
Recruitment Networks
Horizons is the only Global PEO which acquires talent through its in-house recruitment team. This ensures that you have the best-qualified staff for the new extension of your business.
Cost Reduction
Engaging a Global PEO solution could save you up to 85 percent of the cost of setting up your own local location.
What is the process for signing up with Horizons?
Agreement
Horizons will engage with the startup to work out the details of a Global PEO engagement.
Talent Acquisition
Once signed up, Horizons will recruit staff for the startup, or onboard any staff that have been selected.
Contracts
Staff will be given compliant employment contracts to sign.
Ongoing Global PEO
Once officially hired, Horizons will be the ‘Employer of Record’ and responsible for all ongoing payroll, payroll taxes, HR And compliance.
Frequently asked questions
- A local legal entity, such as a subsidiary company
- Payroll and benefits administration outsourcing
- Mergers and acquisitions