Enhancing Reach: Leveraging Advisory Services for CPA Firms
Today’s CPA firms have the potential to grow their sources of revenue by expanding their service offerings—specifically by offering consulting advisory services in addition to their existing traditional, high-value accounting services. Today’s blog will explore the different ways in which CPA firms can seamlessly integrate advisory services into their portfolios. Our next blog will feature […]
Office FOMO? New employees may be missing out on career growth opportunities
Originally published on Welcome to the Jungle. There’s no shortage of perks when it comes to remote working—cut the commute, more time for yourself, the privilege of working from anywhere … maybe even in your pajamas. But as more and more people return to the office, young workers in fully remote arrangements are feeling the FOMO. […]
UK’s New Electronic Travel Authorization (ETA): Key Information for Organizations and Travelers
The UK’s Electronic Travel Authorisation (ETA) program is being introduced as a new travel requirement for visitors, students, and business travelers from countries outside the Common Travel Area (CTA). This authorization is set to simplify entry requirements while maintaining security standards, so it’s essential to understand its implications for individuals and sponsoring institutions. Understanding the […]
What is Global Mobility and How an EoR Can Help
What is Global Mobility? Global mobility refers to the movement of employees across international borders to foster growth in global markets. Typically, it involves hiring, relocating, and managing staff while ensuring compliance with all legal and tax requirements across all jurisdictions. Effective global mobility requires a holistic strategy aligned with your company’s growth goals, efficient […]
Navigating Overseas Expansion into the US: 13 Costly Mistakes to Avoid
Expanding your business into the United States can be one of the most rewarding decisions for your company. As the world’s largest economy, the US offers vast opportunities for growth and profitability. However, the journey is fraught with potential pitfalls that can impede your success and lead to unexpected costs. In this blog, we’ll summarize […]
Would Your Company Benefit From Global Entity Management?
Businesses seeking to expand internationally—whether they’re beginning with their first overseas entity or adding to their international presence—must seek efficient legal entity management to manage the operational complexities that global growth presents. For any business, regardless of size or industry, effective legal entity management is critical to both compliance and the proper governance that drives […]
Global Expansion Solutions: Taking Your Business Worldwide
Expanding your company overseas is a large, complex endeavor. A successful approach to global mobility relies on your ability to identify and execute on the proven global expansion strategies that will help you scale your business efficiently while minimizing risk and maintaining a positive employee experience across every country in which you operate. This blog […]
Introduction of Mandatory Auto-enrollment Pension Scheme: Ireland
Ireland is set to introduce a new auto-enrollment pension scheme aimed at increasing retirement savings among workers. This scheme will begin enrolling employees in 2024, with contributions starting in January 2025. The auto-enrollment system will apply to employees aged 23 to 60 who earn over €20,000 annually and are not already in an occupational pension […]
HSP Group Joins the BDO Alliance USA Community
HSP Group Joins the BDO Alliance USA Community HSP Group Joins the BDO Alliance USA Community Tampa, FL – HSP Group is excited to announce it is now providing services to clients and independent members of the BDO Alliance USA, as part of its Vendor Marketing Program. As part of this program, HSP Group will be able […]
Understanding GDPR and Its Impact on Global Expansion
As businesses expand globally, understanding and complying with data protection regulations becomes crucial. The General Data Protection Regulation (GDPR) data privacy law, which has been in effect since 2018, sets the standard for data protection laws worldwide, with strict guidelines and significant penalties for non-compliance. This blog explores the key aspects of GDPR and how […]
Project Consulting Solutions for Implementing Global Payroll
In today’s interconnected world, expanding businesses face the intricate task of managing payroll across multiple countries. Global payroll implementation involves establishing a seamless system that ensures employees worldwide are paid accurately and on time while complying with varying local regulations. This process can be daunting, but the right project consulting solutions can make it fast, […]
Singapore’s Latest Employment Law Changes Effect on EoR
The Singapore Ministry of Manpower (MOM) has recently updated its regulations, prohibiting non-Singapore entities from using an Employer of Record (EOR) to sponsor work permits for foreign workers in Singapore. This change has significant implications for U.S. and other non-Singaporean entities looking to engage foreign nationals in Singapore. Under the new rules, entities without a […]
How an EoR Differs from a Payroll Company
As businesses expand globally, the responsibility of managing payroll and HR becomes increasingly complex with each country where a company establishes a presence. As part of their global expansion strategy, today’s companies seek to balance the need to have efficient payroll systems and high employee satisfaction while minimizing errors and compliance risks overseas. A critical […]
Why Your Business Needs A Global Employer Of Record
Why Your Business Needs A Global Employer Of Record Expanding your business overseas is a critical point in your company’s growth strategy. While global expansion can present your company with untapped opportunities for growth, access to new markets, and increased revenue, the resulting complexity of managing a global workforce can be daunting. Integrating payroll across […]
Defining Your Global HR Strategy: Key Steps for Successful International Expansion
If you are expanding your business to operate overseas, you’ll need a sound plan to ensure your expansion positions are operationally ready. A key part of that plan is transforming your existing HR strategy to a global one. An effective global HR strategy allows you to identify and proactively address the complex challenges that global […]
Three Indicators it’s Time to Graduate from EoR
Have we started to see the great separation in the Employer of Record (EoR) industry? Companies like Deel, Remote, and Rippling announced product enhancements to differentiate them from mainstream EoR-only providers. Payroll acquisitions, Professional Employer Organizations partnerships, and a broader offering around the full-stack HR experience can lead us to one conclusion. EoR as an […]
How An Employer Of Record Can Simplify Your International Hiring Strategy
We’re thrilled to share a recent feature from BestStartup.us spotlighting the Employer of Record (EoR) services at HSP Group. The insights in this article are sourced directly from Steve Malley, our Global Director of EoR. We’re proud of the recognition and invite you to dive into the details below.