The way we work has changed. What once seemed like temporary adjustments, remote work, flexible schedules, global teams, has now become the standard for many companies. But is this change here to stay, or are we simply in a transition phase toward the next big workplace norm? At myBasePay, we’ve seen firsthand how businesses are…
Companies are no longer confined by geography when building their teams. As technology advances and workforce expectations shift, businesses are embracing distributed models to tap into global talent and drive innovation. This change isn’t just about remote work, it’s about becoming a truly global organization with the ability to compete at an international level. At…
As businesses face rapid market changes and increasing competition, the ability to reinvent and adapt has become crucial. A flexible global talent strategy is central to this transformation, enabling organizations to meet short and long-term objectives through a dynamic workforce. Here’s how MyBasePay is helping redefine the approach to global talent management. Understanding the Role…
An employer of record (EOR) plays a valuable role in today’s hiring environment. By serving as the designated employer for contingent workers, the EOR assumes the liabilities and responsibilities of employment, including payroll processing, tax withholding, benefits administration and more. As the contingent workforce continues to grow and companies increasingly rely on a globally diverse…
Today’s business environment is extremely competitive, with globalization and technology creating new disruptions in the ways companies find and use talent. To maximize your own business’s chances for success, you need to be able to access top talent, no matter where they live. While smaller businesses often are disadvantaged in comparison to larger firms, that…
Nearshoring: A Strategic Talent Solution Nearshore outsourcing has become a hot topic, offering companies a way to access top talent at a competitive cost. It’s more than just a passing trend; nearshoring is transforming the contingent workforce and attracting significant attention from companies of all sizes. The Numbers Tell the Story Latin America is currently…
Opening a foreign branch for your company is an exciting undertaking. Not only does it make new global markets accessible, but it offers greater access to a broader talent pool. However, expanding your business’s global presence can seem easier said than done. With all the responsibilities involved with legal procedures, foreign employment regulations, tax documentation,…
When it comes to streamlining your staffing operations, few partnerships can be more beneficial than an employer of record (EOR). The right EOR partner will take on all the responsibilities and liabilities associated with employment, from performing background checks to providing unemployment insurance. Chief among the areas that an EOR takes over are the legal…
We live in an increasingly globalized world. Thanks to the rise of freelancing and remote work, a small business based out of Kansas could employ individuals from across the country — or even outside the country. For larger enterprises, the likelihood of expanding operations into overseas markets or hiring individuals from outside their home country…
An employer of record (EOR) is a third-party contracted to serve as a hiring entity for your business. An EOR handles several HR functions, including benefits, payroll compensations, taxes, and anything else associated with the hiring and onboarding process. Today, more companies are looking into outsourcing such duties, as it offers greater efficiency with lower expenses. By…
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