How To Globalize Quickly? Globalization Partners Explains The EOR Market.
Jun 5, 2024
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Nicole Sahin, the founder and CEO of Globalization Partners, and Nat Nataranjan, the Chief Product Officer, dive into the booming global employer of record (EOR) market. They explore the complexities of international hiring, highlighting the importance of compliance and technology. The conversation touches on EOR vs. PEO, revealing how EOR simplifies HR processes for companies expanding globally. They also discuss the human touch in balancing technology and HR support, which is crucial for navigating this dynamic landscape.
Globalization Partners simplifies international hiring by creating legal entities worldwide, thus alleviating the complexities of local compliance and paperwork.
The company combines advanced technology for automation with a strong emphasis on human expertise to manage sensitive employer-employee interactions effectively.
Deep dives
Foundation of Globalization Partners
Globalization Partners, founded by Nicole Sahin in 2012, was established to simplify international hiring for companies. The complex processes previously required for hiring employees in other countries, including setting up subsidiaries and navigating local legalities, posed significant challenges for businesses. By creating their own legal entities across the globe, Globalization Partners can help clients hire employees without the need to directly manage these complexities. This innovative approach not only streamlines hiring but also positions the company as a leader in the employer of record (EOR) industry.
Challenges in Hiring Globally
Companies often face daunting legal, tax, and HR hurdles when attempting to hire talent internationally. The process of establishing a subsidiary and managing local compliance can take months and involves extensive administrative effort. Globalization Partners addresses this by allowing clients to draft employment contracts through a user-friendly AI platform, streamlining the hiring process while ensuring compliance with local laws. This system significantly reduces the logistical burden on businesses seeking to expand their workforce across borders.
The Human Element in Technology
While technology plays a crucial role in the operations of Globalization Partners, the company emphasizes the importance of human expertise in managing global employment. Their approach integrates advanced software for automating paperwork while maintaining a strong human support network in over 50 countries. This balance ensures that complex human interactions, such as terminations due to performance issues, are handled with sensitivity and compliance. By recognizing that the employer-employee relationship is ultimately human, Globalization Partners differentiates itself from purely tech-driven competitors.
Globalization Partners (G-P), a company specializing in global employer of record services (EOR), discusses the complexities and opportunities in the global employment market. They emphasize the importance of compliance, automation, and the human touch in their approach. In this podcast I interview Nicole Sahin, Founder and CEO, and Nat Nataranjan, Chief Product Officer.
The EOR space is massive: including providers like G-P, Deel, Oyster, Remote, Papaya Global, Rippling, and others. In this interview Nicole and Nat explain the history of the market and how G-P has built its highly service-centric, technology-agnostic, partner-centric approach to global hiring and growth.