Who wouldn’t be excited to grow their operations into another country? From our experience, most likely any entrepreneur who has found themselves struggling to decipher local laws or to meet the complex tax, labor, and regulatory requirements in a foreign land. This process can feel a whole lot like wandering into uncharted territory. That’s why Empower Consulting Partners is here to provide you with a roadmap.
If you’re looking to expand your existing business or to launch a new division in the American market, leveraging the services of a PEO (Professional Employer Organization) can make the process of setting up and managing your workforce significantly easier. Here’s how working with one can help you find and retain talent, meet your overseas HR requirements and stay compliant throughout every step of the way.
Hire and support your staff in the U.S.
PEO stands for Professional Employer Organization — a partner company that provides a variety of Human Resources, Payroll, Benefits, Workers Compensation, and Compliance services. As their client, you’ll be eligible to purchase premium insurance and add-on perks at surprisingly competitive rates. These, in turn, will increase your chances of attracting and retaining top employees in the United States.
Shift liability and stay compliant abroad
Another benefit of working with a PEO is added protection, from a liability standpoint. Because there is a shared responsibility between the PEO and the client, there are additional checks and balances put into place to mitigate potential risks. PEOs are responsible for catching paperwork mistakes and for issuing corrections if needed. This saves you time for focusing on the bottom-line — growing your bottom line.
Outsource administrative tasks to an expert
Imagine being able to delegate everything related to your payroll processing, tax deposits, vacation and sick-time accruals, and so on. A PEO can also provide you with performance reports as needed, not to mention expert support when you need to deploy new benefits and perks, like 401k.
In addition to helping local businesses save money and increase their overall productivity, PEOs also provide an array of useful advantages to businesses looking to expand into the U.S. market. Are you ready to find out which PEO matches your needs? Contact us today, we’ll negotiate the best deal for you.
