🌏 Hiring Global Employees for Your Small Business

Read our curated articles below to learn about EORs and hiring a global team. [Fit Small Business]( Expert Insights on HR September 25, 2024 Our Expert’s Topic for the Week: Hiring Global Employees for Your Small Business Recruiting and paying international talent is one of the most challenging processes in HR, especially for small businesses. Instead of tackling this alone, why not partner with an employer of record (EOR)? EORs can help you hire a global workforce and ensure compliance with local labor laws and pay regulations. To learn more, read our curated articles below on EORs and hiring a global team. - Jennifer Soper, Robie Ann Ferrer & Genevieve Que   Stay Current   - The global hiring outlook for Q4 2024 stands at 25%—three percentage points higher than Q3’s 22%, according to ManpowerGroup’s Q4 2024 Employment Outlook Survey. - Those in the information technology (IT) industry report the strongest global hiring intentions at 35%, followed by Financials & Real Estate at 32%. - Remote’s 2024 Global Workforce Report shows that 73% of employers plan to grow their global teams and increase international hiring activities by adopting a remote work policy. Here are the articles covered in today's edition. - [Employer of Record: What a Small Business Should Know]( - [28 Recruitment Statistics to Understand Hiring in 2024]( - [How to Pay International Employees (+ Best Providers)](   [Employer of Record: What a Small Business Should Know]( [Employer of Record: What a Small Business Should Know]( Hiring international workers can be challenging. It requires careful consideration of country laws, regulations, and cultural differences. However, partnering with an EOR service provider can help businesses compliantly recruit workers—and even pay them accurately.   [28 Recruitment Statistics to Understand Hiring in 2024]( [28 Recruitment Statistics to Understand Hiring in 2024]( Many factors influence recruitment; knowing key recruitment statistics can help you stay on top of hiring trends while attracting and retaining top talent within your industry.   [How to Pay International Employees (+ Best Providers)]( [How to Pay International Employees (+ Best Providers)]( Determine what payroll laws apply (both in the US and outside of it) when paying international employees, including any payroll taxes employees owe, any currency translation you may have to perform, and acceptable payment methods. Also decide whether you will use a domestic or global payroll provider to handle your employees’ pay and benefits across countries. Based on Your Latest Reads   [Free Time Card Calculator]( A time card calculator can be a great tool to help you calculate the total number of hours your employees worked in a given week. [How to Calculate Vacation Accruals (+ Free PTO Calculator)]( Small businesses that offer PTO must calculate accruals appropriately to avoid penalties. Use our free PTO calculator to help. [Free Excel Test for Interviewing Candidates]( An Excel test for interview candidates can show a person’s proficiency in using Excel. To assess candidates, download our free Excel test.   Latest in HR   [6 Best Employer of Record Services for 2024]( An employer of record (EOR) can take a lot of stress off a business, especially when recruiting international employees. It takes the liability and administrative responsibility for hiring, paying, and terminating your employees so you can concentrate on training and tasking. The best EOR services can handle all these processes, providing the needed expertise to manage complicated labor, payroll, and tax regulations in multiple countries.   [How to Hire International Employees]( Hiring international employees can bring a vast range of talent—and risk—to businesses. It requires careful consideration of laws, regulations, and cultural differences. With the right strategy, however, businesses can make the most of a diverse, global workforce.   [6 Best International Payroll Services]( The best international payroll services allow you to pay workers located in other countries and comply with local tax and labor laws. Some have separate plans for paying global contractors, while others offer employer of record (EOR) services—allowing them to handle your international employment needs. More FSB Resources   More Than A Newsletter   Written by Jennifer Soper, Robie Ann Ferrer & Genevieve Que About Fit Small Business HR Newsletter: Providing you with newsworthy tips, tricks, and informational deep dives on all HR and Payroll topics relevant to small business owners. Delivered to your inbox every Wednesday. [Sign up today]( Visit the [Subscription Center]( to get other free newsletters, manage your account settings or to be removed from Fit Small Business communications. 0[Unsubscribe](