gobalization partners team management
Managing an international team is a complex endeavor that requires strategic planning, expert execution, and adherence to diverse employment laws and standards. Our comprehensive guide details best practices and case studies, showcasing how companies have optimized their global team operations effectively.
Retaining Talent and Optimizing Operations While Winding Down an Entity
Case Study: Repsol
Repsol, a global energy leader, successfully managed to wind down its entity in Canada while retaining critical talent. This achievement was made possible through a strategic partnership with a leading Employer of Record (EOR). By leveraging EOR services, Repsol retained over 50 employees, saving approximately USD 3.7 million in onboarding expenses. This transition, completed within three weeks, ensured continuity and compliance with local employment standards.
“The quick response and agility from the G-P team proved instrumental in transitioning our employees within an exceptionally tight time frame. G-P’s management of trailing liabilities enabled us to retain key talent, oversee the closure of our Canadian entity, and ensure compliance with all legal and financial obligations, allowing us to concentrate on business operations.” – Nick Cheesman, Senior Manager, People and Organization at Repsol
Key Strategies:
- Swift transition to EOR solutions
- Preservation of employment continuity
- Cost savings in onboarding and operational processes
Rapidly Building a Global Team to Drive Substantial Profits
Case Study: AmoyDx
AmoyDx, a leader in molecular diagnostics, expanded into Japan and South Korea with their first approved product for these regions. Partnering with an EOR facilitated their entry into these markets by providing end-to-end employment services. This collaboration led to substantial ROI, with AmoyDx’s international business generating RMB 100M in fiscal year 2022.
“G-P provides the velocity we need to get the best international talent on board. Their end-to-end employment services enabled us to build a robust international business and team, often being able to onboard new talent in a matter of days.” – Kimi Hao, Human Resources and Admin Manager at AmoyDx
Key Strategies:
- Expedited hiring processes
- Strategic market entry
- Significant ROI from international operations
Standardizing Global Payroll for Enhanced Employee Experience
Case Study: AmbioPharm
AmbioPharm, a global pharmaceutical manufacturing leader, sought to streamline payroll processes across multiple regions. Initially facing inefficiencies with another EOR, AmbioPharm turned to a new partner to simplify payroll management, fund payroll in various currencies, and empower HR leaders with efficient solutions.
“G-P’s straightforward payroll management adds a layer of simplicity to handling global operations. Putting my trust in G-P means navigating the international business landscape with confidence and ease.” – Teresa Cheek, Director of HR, IT, and Administration at AmbioPharm
Key Strategies:
- Simplification of payroll management
- Multi-currency payroll funding
- Empowerment of HR leaders
Expanding Global Presence Efficiently Using EOR Services
Case Study: Deliverect
Deliverect, focused on enhancing online delivery for restaurants globally, aimed to expand rapidly without the cumbersome process of setting up entities in each new market. By partnering with an EOR, Deliverect grew from 30 employees in five offices to approximately 500 employees across 40 markets in just four years.
“In 2019, we had 30 employees located in five offices around the world. Fast forward four years and we have approximately 500 employees across 40 markets.” – Zhong Xu, Co-Founder and Chief Executive Officer at Deliverect
Key Strategies:
- Efficient market entry without entity setup
- Rapid scaling of workforce
- Cost and time savings in expansion
Streamlining HR Processes for Global Team Management
Case Study: ClickDimensions
ClickDimensions, an SMB-focused software company, partnered with an EOR to streamline their international hiring processes. The complexity and time-consuming nature of entity establishment led ClickDimensions to seek expert assistance, enabling them to allocate HR resources more efficiently.
“An HR professional’s time is much better spent executing than researching the intricacies of country-specific labor laws, tax policies, employee benefits, and more. We decided to leave those details to the experts at G-P.” – Kisha Thompson, Chief People Officer at ClickDimensions
Key Strategies:
- Streamlined international hiring
- Efficient allocation of HR resources
- Expert management of complex HR logistics
Prioritizing Human Connections During Global Expansion
Case Study: Karger
Karger, a leading publisher in medical research, values human connections in their global expansion efforts. Partnering with an EOR allowed Karger to manage international employment processes while ensuring that all employees, regardless of location, were treated equally and integrated fully into the company culture.
“All of our talented professionals are fully recognized as Karger employees. Any colleagues hired via G-P are treated identically to any other member of our staff.” – Daniel Ebneter, Chief Executive Officer at Karger
Key Strategies:
- Fostering human connections
- Ensuring equitable treatment of all employees
- Integrating global teams into company culture
Conclusion
From efficiently winding down entities while retaining talent, to swiftly building global teams, standardizing payroll, and prioritizing human connections, effective international team management requires strategic partnerships and expert solutions. By leveraging the expertise of leading EOR services, companies can navigate the complexities of global expansion, ensuring compliance, operational efficiency, and robust business growth.