Connect

Tag: global payroll

ChatGPT vs HSP: 3 Keys to Success for Cross-Border Carve-Outs

“The Blind Men and the Elephant” is a classic Indian folktale in which six blind men who long to learn about life outside of their small village discover an elephant for the first time, with a surprising connection to cross-border carve-outs. As each man inspects the elephant, he describes what he perceives the animal to […]

Will AI Disrupt How Companies Conduct Global Expansion in 2024? It Depends.

If there’s one thing we can count on in 2024, it will be the continuing onslaught of headlines sounding the alarm (or promise) of AI and machine learning as a potential disruptor in almost every industry—from banking and finance to healthcare. This begs the question: is global expansion also ripe for disruption by AI? In […]

Think BIG With Your Global Expansion Strategy

If you’re a successful US-headquartered company aiming to expand internationally, it’s a safe bet that the first country you expand into won’t be your last. And yet, too often, I see companies tripping up on their global expansion plans by planning for just that—one country at a time. How do I know? Because these are […]

ChatGPT and HSP Battle It Out on EoR to Entity Transition

If there’s one thing that we can be sure 2024 will bring, it’s the fact that we’ll all be using AI tools like ChatGPT more frequently. That’s why today we’re having a little fun. We’ve decided to pit ChatGPT against Steve Malley, Global Director of EOR, our senior expert on how to properly evaluate the […]

A Global Payroll Solution Is Only as Good as the Implementation That Precedes It

If your company is expanding globally, you likely know first-hand the challenges that rapid expansion can bring to your HR and payroll operations. Done right, outsourcing payroll operations can be a huge boon. However, even large companies are not immune to the internal expertise and capacity constraints associated with bringing on a third-party global payroll […]

The Visibility Challenge in Global Payroll Management: 3 Common Pitfalls

2 executives discussing strategy in a conference room setting

Companies expanding internationally and hiring employees across multiple countries often find global payroll management unexpectedly challenging. The key reason is a lack of visibility and expertise surrounding all payroll activities and regulations across each country in which employees are hired. Because each country’s payroll typically requires a separate process, companies quickly find themselves employing a […]

Expansion 101: The Different Types of Global Expansion Strategies

In this dynamic business environment, there are limitless opportunities for business growth and expansion, with various ways for passionate and thriving businesses to expand into new markets and enhance their operations. But for businesses looking to expand globally for the first time, knowing which global expansion route to take can be an early-on hurdle they […]

Cross-Border Hiring between US & Canada: Challenges, Solutions, and Advantages

In today’s digital business landscape, hiring practices have dramatically changed. The rise of virtual teams has spotlighted the challenges and rewards of hiring remotely between the US and Canada. With factors ranging from legal nuances to cybersecurity, it’s essential to grasp the intricacies of cross-border hiring. Let’s delve into it.

Expanding into Central & South America: Part 3 – Labor Legislation Complexity

Throughout June, HSP Group is releasing a series of blogs that delve into the opportunities and challenges of expanding your business to Latin America (LatAm). Today we’ll discuss the complexities you may face around labor legislation, sharing some specific examples from Brazil and Mexico. Part 3 – The Complex Nature of Labor Legislation If you […]

Every Effective Payroll Strategy Needs These 3 Features

Whether hiring overseas for the first time or scaling your global presence, the right approach can eliminate common payroll challenges  Payroll processing involves a lot more than meets the eye. Multiplied by several countries and different vendors, it quickly becomes clear how important a cohesive payroll strategy is to effective management. We have addressed the […]

Global Payroll Project Consulting

It’s an unfortunate truth: the top reason global payroll implementations do not go live on time is “client readiness.” Lack of client readiness can be broken down as:

2023 Countdown: 6 Global Operations Compliance Questions

Preparing now by identifying and rectifying potential issues is important to your success in the coming year As we come to the end of the compliance year, January can be a challenging time for leaders of global operations. These are six critical areas related to global operations compliance that you want to make sure you […]

Streamlining Global Business with CRM-based Solutions

Many global service providers aspire to have a single source of data, one central location holding all client and internal information, and to manage and maintain all of it in compliance with Data Protection laws around the world.

Disruptive Solutions for Success in the US Market

Why is setting up a business in the USA so challenging, especially if you have never done it before? Setting up a business in the USA should be relatively straightforward, shouldn’t it? After all, the USA entrepreneurial “can-do” business attitude, thriving and profitable multinational corporations, and reputation for business-friendly practices and laws are driving expansion […]

HSP Group offers HR alongside International Payroll Solutions

HSP Group, the client-preferred provider of global expansion software and services, is pleased to announce the addition of new services in the broad category of HR and Payroll under the experienced leadership of Katie Davies, recently Vice President of International Solution Development & Advisory Services at Vistra, and Sky Mehringer, previously Head of Human Resources […]