Omnipresent

Europe is a diverse market with distinct legal and commercial systems. In this episode of the Global Workforce Podcast' David Bates from Taylor Wessing discusses the unique challenges businesses face when expanding into European countries. He highlights the importance of understanding these differences to successfully navigate the complexities of each market effectively. Listen on Apple https://lnkd.in/gxsiXqra or Spotify https://lnkd.in/g6_BVE_F

Are you a US business expanding into Europe? The biggest mistake you can make is treating it like one market. 🇪🇺 ❌ In this episode of the Global Workforce Podcast, we chat with David Bates from Taylor Wessing about the unique challenges of expanding into diverse European countries. From GDPR’s global impact to navigating local regulations, David shares valuable insights into what tools US businesses need to succeed across borders. #europe #compliance #globalization Listen on Spotify https://lnkd.in/g6_BVE_F Listen on Apple https://lnkd.in/gxsiXqra Watch on YouTube https://lnkd.in/gsUeYMag

US businesses expanding into Europe needs to remember it's not one, homogenous market. Join us tomorrow for our webcast with HR.com. It's your essential guide to the Employer of Record market in Europe. Our Co-General Counsel Stan Broome will share case studies from key European markets including Why Italian employment law means using a non-compliant EOR could cost you 3 years of an employee’s salary as severance - and ultimately force you to establish an entity anyway.  1/ Why the EOR model is much more restrictive in Spain and Germany - and what you need to look for in an alternative.  2/ How employing via a non-compliant EOR in France could cause significant fines and logistical challenges for your organization 3/ How to stay ahead of the varying European laws and regulations on contractor misclassification - and why getting it wrong can be a criminal offence. Sign up here https://lnkd.in/gtKzpBwp #markets #startups #businessgrowth #compliance

It's two weeks until our exciting evening with Workfully in Barcelona. Register below to save your seat and hear from a host of global HR and employment experts. 👇

🎉 We're excited and proud that Forbes has named us as one of the 10 Best Global Payroll Services of 2024. 🎉 We were especially pleased to be nominated as 'Best for Integrations' with a 4.8 rating. Forbes highlighted our: 🌏 EOR service in 160+ countries 🙋♂️ Custom benefits packages 🔧 Integration with 20+ tools like HiBob, Workday & Personio This comes at a time when we're continuing to invest in our partnerships with other providers in the HR and global employment sector. Stay tuned for further announcements on this soon 👀 🎉 https://lnkd.in/grSHrHn5

What slows US companies expanding into Europe? One word: compliance For US companies, Europe is a key international market. And an Employer of Record is often a more compliant & flexible way to build a workforce in a European country. But... Not all EORs are compliant. Pick the wrong partner and you could face added costs, sanctions and compliance issues. Join our Co-General Counsel Stan Broome at 1pm ET on September 10th as he explains 🔴 Why the EOR model in some European countries (e.g. Spain and Germany) is more restrictive 🔍 How to ensure you're working with a compliant EOR as you begin your expansion plans. Hosted by HR.com, this is essential viewing if you're looking to grow your business in Europe in 2024/5 #compliance #scaleup #employmentlaw #startuplife #usa https://lnkd.in/ejup-ika

Expanding into Europe remains a key growth lever for US companies. 👇 Did you know that Europe can account for up to 40% of global revenue for top performing US companies at IPO? For those US companies expanding into Europe for the first time, an Employer of Record is increasingly a simpler, faster and more cost-effective way for companies to establish a presence in a new European country. EORs offer US companies the flexibility to scale into new markets, without the complexity of having to set up a foreign entity.  The Employer of Record market is expanding every year. But not all solutions are built the same way. Using a non-compliant EOR can create significant long-term reputational and financial problems for your company.  In our upcoming session with HR.com, Stan Broome, Co-General Counsel & VP of Litigation and Risk Management at Omnipresent, will explain the key EOR compliance issues in key European markets. He’ll cover examples including: 🇮🇹 Why Italian employment law means using a non-compliant EOR could cost you 3 years of an employee’s salary as severance - and ultimately force you to establish an entity anyway.  🇪🇸 🇩🇪 Why the EOR model is much more restrictive in Spain and Germany - and what you need to look for in an alternative.  🇫🇷 How employing via a non-compliant EOR in France could cause significant fines and logistical challenges for your organization How to stay ahead of the varying European laws and regulations on contractor misclassification - and why getting it wrong can be a criminal offence.  Join us on September 10th, 1pm ET. Click on the link in the comments to save your seat. 👇 #compliance #employmentlaw #europe

Think about how any of the following variables of global employment could affect your company’s ability to create accurate financial forecasting. 📈 Fluctuations in bonuses, commissions, and performance-based pay can create significant variance in payroll expenses from month to month. 🌍 Different countries have unique requirements, such as 13th-month salary payments, mandatory bonuses, or overtime rules. 💷 When dealing with multiple currencies, fluctuations in exchange rates can create discrepancies in payroll costs and impact overall financial projections. 🤝 Varying benefit requirements, such as mandatory health insurance, pension contributions, or allowances (e.g., housing, travel) in different countries can add layers of complexity to payroll calculations. In this weekend's edition of Global Team trends, we explore how the challenges of global payroll can complicate your financial forecasting....and what to do about it. #finance #payroll #cfo

If you're a company with plans for global expansion in Q4, then we've got a wealth of events coming up in September. If you're based in the Middle East, or you have significant Middle East presence, join us for this event with our colleagues at auxilium. 👇

Where are the emerging markets for M&A activity? 🌎 In this episode of the Global Workforce Podcast, Ali Ramadan of Goodwin discusses the growing opportunities in regions like Asia, Latin America and Africa. Ali highlights the rapid economic development, expanding middle classes, and increasing consumer demand driving these markets forward. He also touches on the specific interest in LatAm’s lithium for electric vehicles and Africa’s booming fintech sector. And he shares insights about how private equity is fuelling this growth and what it means for the future of M&A. #acquisitions #mergersandacquisitions #emergingmarkets Listen to the episode via the links in the comments.