The globalized economy presents new opportunities for growth, frequently requiring companies to send employees overseas on assignments. Sending key talent overseas can solve problems, but employers typically must navigate a common set of challenges, such as immigration status, in-country employment compliance, host and home country taxation, compensation planning and quality of life topics.
Today, Latin American economies face a host of complex issues. Hiring the employees with the skill sets you need, retaining them, and protecting their data is critical to delivering sustainable growth in international markets.
As successful companies expand internationally, they develop HR operations that are adaptable to local markets and changing business needs.
To attract and retain top talent in a multi-generational workforce businesses are realizing that they need new strategies to engage and retain employees. Employee benefits can be used to boost morale, engagement and retention.
The changing business climate in Mexico is driving increased business interest for expanding operations into Mexico. Business regulations have been eased in meaningful ways, and recent labor reforms and anti-trust legislation are contributing to making doing business in Mexico more attractive.
The Affordable Care Act will affect all businesses. And no organization can afford to remain ignorant of this complex law.