How to Hire Overseas Employees: What You Need to Know
Two years ago, the pandemic forced most of the world to go remote. While few companies have decided to go back to the office, most companies have seen the perks, both economic and social, of working remotely. Companies that have benefited most from this transition are those for whom geography was an obstacle to hiring amazing talent.
If you are one of those companies, then this article is for you!
In this article, we will not only be talking about why you should definitely hire remote and offshore employees but how to go about it without compromising on the quality of the resources you are hiring.
Why Hire Offshore Employees?
Hiring employees completely virtually might have been quite unfathomable 2 years ago, but now it’s almost the norm. In spite of life getting back to as normal as it can, there’s a reason why this is still a trendy method of hiring and employment.
To begin with, you save a lot of time and money both for you and the employee. From the time and cost of hiring, physical space, and infrastructure to travel time and cost, the monetary benefits of hiring offshore employees are endless.
But if you ask us, the best part is geography not being a barrier anymore. Visa, paperwork, and legal red tapes can’t keep you from tapping into the best talent available out there.
Of course, increased flexibility, work-life balance, and employee wellness are the cherries on top that have made hiring and employing offshore employees remotely the go-to choice for most tech giants in the US.
Important Steps to Take When Hiring an Overseas Employee
- Clearly define the role for which you are hiring
- Develop tests and assessments that will help you ascertain skillsets
- Decide the contract type, period, and terms of extension
- Make your company policies and standards extremely clear and transparent.
- Set a good budget, remember, hiring cheaply is not the point.
- Establish a timeline for the recruitment process
Can You Legally Pay Overseas or Foreign Employees Remotely?
In short, the answer is yes. However, several factors including the employee’s location, the scope, and nature of the work for which you are hiring them could affect how you will pay your offshore or overseas employees.
For instance, whether you are hiring an offshore employee,
- Work for you full-time or part-time
- Work on a contractual basis or as a permanent employee
- Whether they will be working offshore or onshore
- Does your company have a registered office in the employee’s country
Will all this affect the way you remunerate your offshore or overseas employees?
It’s important to remember that you will have to concern yourself with multiple payroll and tax systems unless you are employing a company like Synergent Tech Solutions to handle your offshore recruitment and payroll.
Advantages of Hiring Overseas Employees
- Access to skilled employees at lower costs
- Save on rent and utilities
- Benefit from grants and tax benefits
- Ensure business continuity
- Retain control over your process and people
- Discover new market opportunities
Is a Work Permit or Visa a Necessity for an Overseas Employee to Work Remotely for a US-based Company?
As long as the employee does not have to travel or relocate to the US for the term of employment, they do not need a visa or work permit. If the US-based company requires the employee to travel to the companies office in the US for training, work, or conferences, then the company and the employee have various visa options to choose from depending on the purpose and term of travel.
Get Assistance With Hiring Remote Workers Abroad!
Suppose you are hesitating to hire offshore or overseas employees for your company due to the tax and employment laws, or you just do not want to spend your precious resources on figuring this out. In that case, there are many expert staffing solution providers like ourselves to help you hire the best talent for your requirement.
Some companies that provide these services also take care of payroll, hardware requirements, training, and report generation on your behalf.
Hiring and managing overseas employees can be a daunting process but if you find the right staffing partner to work with you, you can reap the extensive benefits of offshoring such as unlimited access to skilled talent and continuous availability of resources without the hassle of payroll management.
Are you in the market for offshore talent or offshore talent management? Talk to us!