Globalization Partners is a leading name in the field of global employment and workforce management. The company enables businesses to hire, onboard, and manage employees across international markets without the need to set up local entities. This article provides a comprehensive review of Globalization Partners, detailing its services, company profile, and the pros and cons for businesses considering expanding their global workforce.
Company profile
Founded in 2012, Globalization Partners is headquartered in Boston, Massachusetts, with regional offices across the globe.
The company specialises in Employer of Record (EOR) services, making it possible for businesses to legally hire and manage employees in over 180 countries.
Known for its robust compliance framework and technology-driven solutions, the company has built a reputation as a reliable partner for global workforce expansion.
Core services
Globalization Partners offers a suite of services tailored to simplify international hiring and workforce management. Here’s a breakdown of its key offerings:
Employer of record (EOR)
Globalization Partners acts as the legal employer for your international hires. The company handles all local employment regulations, including contracts, tax compliance, and payroll processing, while you retain full control of day-to-day management.
Payroll and tax management
The company manages end-to-end international payroll services, ensuring accurate payments in local currencies and compliance with tax laws in the employee’s country. This reduces the administrative burden for businesses and ensures timely remuneration for employees.
Onboarding and HR support
Globalization Partners offers seamless onboarding processes, with locally compliant employment contracts. They also provide ongoing HR support, addressing employee queries and ensuring smooth operations.
Compliance management
Navigating international labour laws can be daunting. Globalization Partners ensures full compliance with local employment regulations, mitigating risks such as fines or penalties for non-compliance.
Employee benefits administration
The company offers competitive and locally relevant benefits packages, including healthcare, pensions, and other perks, which are tailored to attract top talent in different regions.
Features of the platform
Globalization Partners’ technology platform is designed for ease of use, providing businesses with tools to manage their global workforce efficiently. Key features include:
- Centralised dashboard: Access real-time data on employee contracts, payroll, and tax compliance in one place.
- Custom reporting: Generate reports on workforce metrics and compliance statuses.
- Mobile support: Manage tasks and approvals on the go through the platform’s mobile-friendly interface.
Pricing
| Service Plan | Estimated Monthly Cost per Employee | Features |
|---|---|---|
| G-P Meridian Core | £400 – £600 | Onboarding and offboarding, legal right-to-work verification, employment contract generation, payroll management, time and expense tracking, and employee HR support. |
| G-P Meridian Prime | £700 – £900 | Includes all Core features plus benefits analysis, flexible payments, bulk payroll changes, expansion planning consultation, and a dedicated customer success manager. |
| Contractor Plan | £200 – £300 | Tailored for managing international contractors with compliance and payment solutions. |
Notes
- The pricing varies depending on the country of employment and the complexity of local regulations.
- Additional fees, such as setup costs or currency conversion charges, may apply.
- Discounts may be available for businesses with large international teams or long-term commitments.
For accurate and customised pricing, businesses should contact Globalization Partners directly to receive a detailed quote.
Pros and cons
Pros:
- Speed to market: Enables quick entry into new markets without the need to establish local entities.
- Risk mitigation: Handles legal and compliance issues, reducing risks for businesses.
- Scalability: Ideal for scaling teams in multiple countries simultaneously.
- Time savings: Reduces the administrative burden, allowing businesses to focus on growth.
Cons:
- Cost considerations: The per-employee fee may be costly for small businesses or those with large international teams.
- Limited control: While you manage daily operations, the legal employer relationship rests with Globalization Partners, which might not suit all business models.
- Potential delays: While generally efficient, relying on a third party for compliance and HR processes can occasionally lead to delays.
Verdict
Globalization Partners is a robust solution for businesses looking to expand their global workforce without navigating the complexities of local laws and regulations.
With its comprehensive suite of services and user-friendly platform, the company simplifies international hiring.
However, the costs and level of control should be carefully considered to ensure the solution aligns with your business needs.
Alternatives
FAQ
Globalization Partners serves a wide range of industries, including technology, finance, healthcare, retail, and manufacturing. The company’s services are particularly beneficial for businesses in sectors with rapidly changing workforce needs or those requiring specialised talent in multiple countries.
Globalization Partners adheres to strict data protection standards, including compliance with GDPR for European clients. The company uses robust encryption and secure data management protocols to protect sensitive employee and business information.
Yes, businesses can use Globalization Partners for temporary or short-term projects. The flexibility of its services allows companies to hire international employees or contractors for limited periods without the need to set up local entities.
Absolutely. Globalization Partners is designed to facilitate global remote work arrangements. The platform helps businesses manage compliance, payroll, and benefits for remote employees, no matter where they are located.
The company assists businesses in planning and executing their international expansion strategies, offering guidance on legal compliance, local labour market conditions, and competitive compensation packages.
Globalization Partners streamlines onboarding through locally compliant contracts, employee documentation, and direct integration with payroll and HR systems. Onboarding is typically completed within days, depending on the location and complexity.
If a business transitions to setting up its own local entity, Globalization Partners assists in transferring employees to the new entity while ensuring compliance throughout the process.
Yes, the company offers guidance and support for securing work permits and visas for international employees. While they don’t act as an immigration consultant, their expertise ensures a smoother application process.
Globalization Partners offers localisation expertise, helping businesses navigate cultural nuances, language barriers, and best practices for engaging employees in various regions.
The platform integrates with many leading HR and payroll solutions, making it easier to manage workforce data across existing business systems. Specific integrations can be discussed during the onboarding process.