The Asia-Pacific region is one of the world’s fastest growing markets, with attractive opportunities for companies that want to expand their global presence. However, as each country in APAC has its own language, cultural norms and labor laws, international businesses must plan carefully when it comes to talent strategy.
This can pose challenges for employers seeking to move quickly in a market that provides opportunities for growth and is in constant flux. Not only are growth rates the highest on the planet, but there are also ongoing changes governing working conditions, hiring practices, benefits, religious observances and more.
In the Business Times, Athena Collier, Randstad Sourceright managing director for APAC, recommends that companies that are expanding into APAC partner with third-party experts who understand local laws and nuances. Engaging with a managed service provider (MSP) can provide the knowledge to help multinational businesses make a smooth transition.
“MSPs specialize in establishing consistent onboarding procedures across diverse jurisdictions, systemizing background checks and integrating contingent labor costs into a company's workforce analytics tools,” says Collier. “They act as an insurance policy against regional changes ... and give companies a potent advantage over their competitors.”
Get a brief overview of some of APAC’s labor law challenges in the Business Times. Then get your copy of the MSP Playbook to learn more about the benefits of working with a global partner.
About the AuthorMore Content by Anthea Collier