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In the post-COVID world, you no longer need to be in the same room to have a productive working relationship — or even in the same country. Today, many businesses are seeing the advantages of global expansion, whether that’s through outsourcing business functions, opening up new locations, or simply hiring contractors overseas.
But building and managing a global workforce is no mean feat. Compliance concerns, cultural differences and the practical aspects of managing a global workforce add up to a lot of time and work.
The fact is, the old methods of recruiting and retaining talent simply won’t work if you’re running a global operation — especially against a backdrop of quickly changing markets and shifting employee expectations.
In this article, we’ll take you through three ways that CXC can help you to build and manage a global workforce strategy that works — without compromising your business.
The problem with the one-size-fits-all approach
The business landscape looks very different today than it did even ten years ago. While the pandemic has accelerated things, the way businesses operate today has been years in the making.
The rise in remote work is a big part of it. Today, businesses don’t need to limit themselves to their physical location when looking for new talent. But another big change is that more and more businesses are moving away from the traditional model of relying solely on full-time, permanent employees, and supplementing their workforce with different types of workers.
With so many different options available, the one-size-fits-all approach to talent management is no longer appropriate. In 2024 and beyond, the key is to build a strategy that’s customised for your exact needs and situation.
That means it needs to take into account the countries you operate in (or want to expand to), the different types of workers you have on board and your organisation’s strategic goals.
Putting that strategy together is a lot of work — but you don’t need to do it alone.
The CXC advantage: 3 ways we can harmonise your global workforce strategy
Global compliance guaranteed
Operating across borders comes with a whole host of compliance challenges — even if you only take on a handful of overseas workers. For example, you need to make sure you correctly classify every one of your workers, or you could face fines, penalties and even jail time in serious cases.
And that’s just the start. As your business grows, you could also face issues with:
- Privacy and data protection
- Permanent establishment risk
- Other tax considerations
- Financial reporting
- Employee discrimination
Of course, this becomes even more complex when you’re operating in multiple different jurisdictions. Every country (and sometimes each individual state and city) has its own rules and regulations concerning employment and taxes — and keeping up with them all is a full-time job in itself.
That’s where we come in. Our team are experts in global compliance, operating in more than 100 countries worldwide. And we’ve been doing what we do for more than 30 years. Whatever your global expansion plans, our network of tax law and immigration experts will be there to guide you.
Adaptability and agility for a fast-changing world
Today’s business landscape is characterised by rapidly changing market conditions, regulations and employee expectations. And businesses that are slow to react to those changes will fall behind those who are able to operate with agility.
At CXC, we offer a variety of different solutions to meet our clients’ diverse needs. We’ve worked with everyone from scaleups to global enterprises, in industries from aviation to energy to banking and finance. Because we know that every business is unique, we’ll work closely with you to build a workforce strategy that works perfectly for your organisation.
But we also know that building a global workforce strategy isn’t a one-and-done, set-and-forget situation — it’s an ongoing process. That’s why we’ve also built flexibility into all of our solutions.
Put simply, when you work with CXC, you’ll be able to rapidly react to market changes and emerging opportunities — a key competitive advantage.
Amplifying your brand and building a stronger workforce
Adopting a customised, flexible global workforce strategy can streamline your operations, creating a smooth and positive experience for you and your team. And this also has a trickle-down effect on the people you employ.
When you work with CXC, every worker will benefit from a smooth, personalised end-to-end experience that keeps them engaged and satisfied. Over time, this can have a big impact on your employer brand, as your organisation gains a reputation as a great place to work.
Ultimately, this makes it easier to attract and retain top-tier talent. And you don’t need us to tell you that this translates to greater productivity, profitability and innovation.
Building a unique global workforce strategy for every business
A tailored global workforce strategy can have a huge impact on your company’s productivity, agility and reputation. It can also help you to overcome compliance roadblocks without putting your company at risk — a key concern for global businesses.
At CXC, our solutions are designed to be simple and straightforward. Instead of grappling with multiple suppliers and middlemen, you’ll be able to manage your entire global supply chain through one point of contact. You can also say goodbye to compliance concerns thanks to our tools and expertise.
Most importantly, any solution we offer will always be tailored to your business — and we’ll work with you to adapt it as your needs change over time.
Want to streamline your global workforce strategy in 2024? Get in touch with our team to get started.
