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Foreign subsidiary and global expansion: What to consider

Global Upside

That said, the subsidiary also benefits, primarily being on the receiving end of valuable shared resources, like financial systems, technology systems, sales and marketing experience, and vast business opportunities that stem directly from the parent company. Cons of a foreign subsidiary Costs can accumulate.

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Guide to Hiring Employees in Ukraine

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It is crucial for employers to ensure that these contracts comply with Ukrainian labor laws to avoid legal complications. Types of Employment Contracts: Ukrainian labor law recognizes several types of employment contracts, including fixed-term contracts, indefinite-term contracts, and part-time contracts.

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Guide to Hiring Employees in Armenia

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Fixed-term contracts are suitable for situations where the employer needs temporary staffing or specific expertise for a defined period. Part-Time Employment Contracts: Part-time employment contracts are designed for employees who work fewer hours than full-time employees, often on a regular schedule.

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Guide to Hiring Employees in Azerbaijan

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The country’s strategic location, rich natural resources, and economic diversification efforts make it an attractive destination for businesses looking to expand their operations. Similarly, employers are expected to familiarize themselves with the candidate’s background.

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Building An HR Department: A Step-By-Step Guide

HR Tech Girl

Lay faulty foundations of your HR function and you risk witnessing your business struggle over time or failing to reach the targeted success. Building an human resources department encompasses hiring for various key roles covering hiring, compliance, compensation management, and administration. Why is Having an HR Department Important?

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Guide to Hiring Employees in the Bahamas

Recruiters Lineup

Moreover, understanding the mechanisms for resolving disputes, whether through mediation, arbitration, or legal channels, is crucial to maintaining a constructive employer-employee relationship and avoiding legal complications. Once you have a grasp of the legal framework, it’s time to embark on the recruitment and hiring process.

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A View From the Hill: National PEO Week, ERTC Refunds Headline 2023 PEO Capitol Summit

Prism HR

I had the privilege of attending the Capitol Summit this year in Pentagon City from May 22-25, 2023. Major Themes and Initiatives National PEO Week Makes Its Debut The National Association of Professional Employer Organizations’ tireless work toward industry visibility and recognition culminated this year in the creation of National PEO Week.