Which option is preferable: Employer of Record or Global Relocation?

 Employing international staff brings various advantages, such as accessing new markets, expanding services, or reaching a diverse talent pool. Based on your business requirements, you can explore different approaches for hiring global workers. One approach involves moving existing employees to the new market through global relocation. Another option is to identify and attract talent in […]

WHAT IS THE MEANING OF PEO? |PANDA WORK GLOBAL

Venturing into international markets offers numerous advantages, such as gaining global recognition and access to novel markets. Yet, numerous challenges can impede a business’s triumph, ranging from payroll intricacies to cultural disparities. To guarantee a prosperous foray into a new country, organizations turn to Global Professional Employer Organizations (PEOs) for assistance, addressing aspects from tax […]

What is an EOR? Meaning, purpose, and benefits

Organizations are increasingly recognizing the benefits of recruiting employees on a global scale. However, the challenges of hiring, compensating, and overseeing workers in countries where a local legal presence is lacking can pose difficulties. Engaging with an Employer of Record (EOR) emerges as the most straightforward method for companies to tap into a global workforce […]

What is a PEO, and what makes it beneficial for…

International expansion represents the logical progression for many advancing organizations. Venturing into a new territory opens avenues to fresh markets, supply chains, distribution channels, and talent pools. However, alongside these advantages come hurdles such as regulatory changes, time constraints, tax obligations, onboarding complexities, and adherence to HR-related legal requirements. So, how can companies embark on […]

The function of PEO (Professional Employer Organization) providers in global…

When venturing into a new market, a company might opt to either hire a local employee or dispatch one of its existing employees to assess the market. In undertaking this, the organization is confronted with a range of legal responsibilities that must be met. The commitments differ across nations, posing a challenge for employers aiming […]

The Compilation of Countries Offering ’13th Month Pay’ from A…

As your organization expands its presence across more countries, the HR and payroll procedures are likely to grow in complexity. For instance, you might encounter unfamiliar concepts such as the mandatory requirement of 13th month pay in certain countries. This blog precisely delineates the definition of 13th-month pay, its applicable regions, and outlines the corresponding […]