Most of the first-timers start expanding their international business by trying to force fit or cobble together their current HR processes and services to try to meet the needs of their international business and it never works very well. You’ll run into a lot of trouble if you don’t approach hiring and employee management in other countries correctly from the beginning.
Gita Bhargava, the Co-Founder and COO of Mihi – a cloud-based solution for time and attendance, vacation, leave management, and benefits administration for companies with a global workforce – is featured on this Globig podcast. With a 20-year track record of operational excellence and innovative problem solving, Gita led the vision and development of Mihi’s proprietary software and shares her insights into some of the biggest challenges companies face as they do business internationally.
While it is no surprise that companies are expanding globally much sooner, this has put a lot of strain on the HR workforce, as different countries have vastly different rules and compliance requirements and costs associated.
After working with hundreds of companies, Gita shares her expertise on how to effectively work through some of the top challenges faced such as:
- Understanding how employment works in the US versus outside the US
- Legal compliance for HR
- Social taxes and benefit entitlements – requirements and costs
- Global payroll view for all employees
- Data privacy law
Listen to the podcast to learn more about how to quickly and securely navigate the HR challenges when expanding your business internationally. Learn more about how Mihi works.