Anyone engaged in business today recognizes the rising costs of labor as one of the major hindrances to expansion. While there are several ways that this issue is being addressed, one of the most viable is by hiring expat workers.
There are numerous advantages of having expats in your workforce. The first is that they are not difficult to find. There are now, in such countries as New Zealand Canada, Japan, the United States, several thriving expat communities. Undoubtedly there are also several more in other nations.
There are several reasons for this growth; one of them is that while several come in with the intention of only studying in a university, they end up staying because they fall in love with the place, or get married. As such, it presents a great opportunity for an entrepreneur to find and hire educated and qualified workers.
Aside from being skilled, the other major advantage of the working expat is that you can often have them for a much lower cost. You maintain the quality of your service, but you end up saving money. Even communication costs have been significantly reduced by the Internet, so it will not be a problem regardless of your location relative to your workers.
Where to Find Expats
The expanding expat communities, coupled wit the rise of communications technology, have made it easier than ever to get in touch with those communities. You can just enter “expat community” plus the name of the country in a search engine and you will get plenty of hits. In fact that that may not even be necessary as foreign universities and newspapers can provide the information you are looking for.
The cost of stateside labor goes up because besides the salaries, one also has to pay pensions, social security, allowances etc. These are expenses that will not be incurred with outsourcing, so you can expect savings from 30 to 70 percent.
Of course, it should be stated that the salary demands and expectations of working expats, while not as high as those stateside, will still vary. You should attempt to strike a balance between managing your overhead costs and also having highly qualified personnel. However, for the greater part, you will still end up saving a considerable with outsourcing your work.
There are several human resources organizations you can turn to, and one of the most respected is ECA International, with over 4,000 HR centers spread over several countries across the globe. ECA has been a leading provider for software solutions, HR and consultancy for over 30 years. Their clients include several Fortune 500 companies, and aimed at professionals and executives.
Training Course: Expat Staffing
The Australian National University offers a course for International Human Resources Management. It covers the subject of HRM extensively, and among the subject matters covered are labor costs regulations, recruitment, globalization, expatriation, repatriation, and several other issues that are pertinent to expat staffing.
Moreover, the course also offers a wide ranging study and analysis of HRM with regards to its international context and how it is developing worldwide.
Peter Garant is writing articles for an Expat Staffing Guide ( http://www.expatintelligence.com/expat-staffing.shtml ) about Expat Jobs. ( http://www.expatintelligence.com/expat-jobs.shtml )
Provided by ZingArticles.com