Today’s SMB leaders know that expanding globally is the key to reaching new customers and operating more efficiently and effectively. They also know that growth hinges on finding global talent, tasking stretched HR professionals with navigating worker classification, changing labor laws, and new data privacy and security mandates that differ between countries, regions, or localities. Businesses that are not compliant can face financial, legal, and employee-related consequences. This playbook explores how SMBs can scale faster and hire compliantly around the globe, wherever they are in their expansion cycle. It’s critical to understand this global landscape and the challenges ahead before making your first hire. Highlights include: Factors SMBs seek in global growth, and the top three compliance risks they face. Five general best practices for becoming and staying compliant. How growing SMBs can be proactive in handling compliance issues — and ways to correct a compliance gap.
