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Labor Laws and Regulations Shifts in the Face of COVID-19

It’s hard to fathom the impact of the COVID-19 pandemic on the global labor market. Entire industries worldwide have ground to a halt due to health concerns, and the globalization that powered the business world has now become an Achilles heel. In essence, many industries across the world depend on human mobility and migration. This… Read more Labor Laws and Regulations Shifts in the Face of COVID-19

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It’s hard to fathom the impact of the COVID-19 pandemic on the global labor market. Entire industries worldwide have ground to a halt due to health concerns, and the globalization that powered the business world has now become an Achilles heel. In essence, many industries across the world depend on human mobility and migration. This includes migrant workers in the farm industry, tech support professionals in Asia, entrepreneurs traveling across the globe.

We are already seeing the impact of this change in action, with unheard-of amounts of unemployed people across the world. However, we are in the midst of an unprecedented amount of labor, tax, migration, and payroll changes. Failing to react could leave your company in a position of non-compliance. What should these companies do next?

COVID-19 Updates And The International Labor Market

The major thing that needs to be mentioned here is that while all countries are making some type of change to their laws to account for the pandemic, they are not all the same. Different countries are dealing with different levels of outbreaks and economic concerns, and this is reflected in the shifts.

So, with all this said, here’s a profile of 10 countries making major adjustments to their taxation, labor, migration, and payroll legislation in response to the ongoing pandemic.

  • United Kingdom: Companies lower than 250 employees can be reimbursed for sick leaves. Notably, employers selecting workers as “redundant” need to be able to prove they are making their decisions not based on discrimination.
  • Mexico: Mexico and the United States have come together to restrict non-essential land travel across the border to stop virus transmission. This means that travelers may be denied at the border if they cannot supply proper proof. Mexico has also enforced laws requiring companies to pay full salary/benefits to employees during the shutdown.
  • USA: COVID-19 U.S. statistics point to the country being one of the most impacted in the world by the pandemic. Perhaps one of the biggest recent developments is the halting of most types of immigration. This is specifically designed to keep foreign workers from taking American jobs, so you need to keep that in mind. Also, many state governments are implementing plans for major tax reform to help with recovery in the coming months.
  • Canada: Canada recently passed a law subsidizing up to 75% of employee wages to avoid mass layoffs, but qualification is contingent on the business structure and percentage of income lost since March of 2020.
  • Chile: Work contracts are being amended to allow employees to access their unemployment insurance quicker in the event of financial uncertainty.
  • Brazil: Brazil has suspended payment of its Severance Pay Fund for April and May. One notable change is that teleworking is now allowed regardless of any existing labor agreements or changes in employee contracts.
  • Germany: Germany is at the forefront in terms of changing business policy for public health. If a business is closed due to a formal ban, all employees are still entitled to up to six weeks of compensation.
  • Ukraine: In March, work from home was stipulated for the first time by Ukrainian law. Work permits are also suspended for certain activities.
  • Russia: A flat travel ban has been instituted on all foreigners entering Russia, with some exceptions. Any employees returning from abroad need support from their employers with quarantine for 14 days. New visa applications for foreigners are also temporarily suspended. Employers are also required to pay at least 2/3 of their employee’s salaries even if they are forced to shut down.
  • Cote d’Ivoire: All regular passenger flights have been suspended for an indefinite period. Changes to the existing employment law are minimal as of this date, though there has been talk of suspending import duties for materials being used to help with fight the pandemic.

Empowering Your Global Expansion

With COVID-19 causing companies to adjust their labor laws compliance, payroll schemes, and migration rules at a rapid rate, does this mean that companies have to put their international expansion plans on hold? Not at all, if you use the right support. A global PEO provider is more important than ever during this time to ensure that you keep your plans moving internationally, without any compliance issues. Global PEO services like Acumen International take a lot of the struggle out of international expansion by serving as the technical employer of your foreign teams. What are some of the key benefits we offer?

  • By using a global PEO service, you can do business in a new country without incorporation. The pandemic has halted a lot of incorporation efforts, so this is likely the only way to start a business quickly.
  • We make sure that you have total legal compliance in over 190 countries for the workers you already chose. As you can see, employment law is changing even faster than usual. Our services keep you protected from legal fallout.
  • We also help with payroll and benefits programs for your employees. When the dust settles, a lot of people are going to be reentering the workforce. You need an appealing salary/benefits package to draw in top talent.

As more and more COVID-19 updates come in, expect immigration rules to see more change. However, our services can help with hiring and paying foreign sales reps, as well as other professionals you want to bring in.

Things You Can Do Next

As a result, while COVID-19 is causing changes for those trying to enter new foreign markets, that doesn’t mean you are paralyzed as far as options. It’s still very possible to:

  • Employ overseas sales forces in key markets
  • Begin your operations and get presence in the host countries
  • Expand without incorporation
  • Begin with a small team of remote workers in a new country and add any headcount later

The key, though, is having a service/partner that can help you stay flexible and compliant as this situation evolves. Global PEO solutions and a global employer of record are the exact methods you need. Be sure to keep following the Acumen International blog for more COVID-19 updates as well

Reach out to us today for more information.

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Acumen International celebrates the 21st  Anniversary!

Dearest clients, partners and global team members, thank you all for those 21 years of success and growth together. This wouldn’t be possible without You! So the celebration’s not just ours, it’s also yours )  We are grateful to CEO Nick Ganzha for creating Acumen, and for continuous support and abundance of opportunities for us all!  21 years ago, we… Read more Acumen International celebrates the 21st  Anniversary!

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Dearest clients, partners and global team members, thank you all for those 21 years of success and growth together. This wouldn’t be possible without You! So the celebration’s not just ours, it’s also yours ) 

We are grateful to CEO Nick Ganzha for creating Acumen, and for continuous support and abundance of opportunities for us all! 

21 years ago, we started as a few but now we are a global team of professionals full of talents, creative solutions and energy. Let’s together reach success Acumen’s surely destined for!

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Acumen International’s response to the Russian military invasion and war against Ukraine!

OFFICIAL RELEASE: Dear partners and clients, we officially inform you that we cease all operations in Russia and Belarus due to the devastating war Russia started against Ukraine this year on February 24th. Here are the steps we are taking now. We are terminating all projects with the clients’ employees in Russia and Belarus. All… Read more Acumen International’s response to the Russian military invasion and war against Ukraine!

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OFFICIAL RELEASE:

Dear partners and clients, we officially inform you that we cease all operations in Russia and Belarus due to the devastating war Russia started against Ukraine this year on February 24th.

Here are the steps we are taking now.

We are terminating all projects with the clients’ employees in Russia and Belarus. All is done in accordance with local legislation to ensure employees’ rights are protected. We do not want to support Russia and Belarus’ governments with not one penny being paid to those countries.

At the same time, we are helping Ukrainian and international companies to retain their talent who flew to Europe to enable them to continue their operations as usual, no matter where the workers had to settle down. We are helping both our clients and their employees with relocation and compliant PEO employment all over Europe.

We are arranging fast compliant local payroll in the European countries where the Ukrainian nationals have flown after leaving Ukraine.

If you have workers in Ukraine that have fled to or are planning to leave to European countries or any other country in the world, and you want to keep and engage them in a fast and compliant manner, please contact us for help with a fast solution to employ your displaced employees.

All these actions fully reflect our company’s policy and values of our care and support for the Ukrainian people, our clients, and European neighbors and partners.

Acumen International company is doing our best to support our Ukrainian employees and their families and help all those affected by the conflict with donations and what’s within our powers!

Check our website for additional info

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How to Choose the Best Global PEO in 2022 and Beyond

Nick Ganzha | CEO | Acumen International  An interview with Iryna Oprya, Acumen International’s Media Department Head If you are ready to scale your business by taking it abroad, you need an experienced global partner to help you navigate the global business landscape. This is especially true after the events of 2020 that impacted businesses around… Read more How to Choose the Best Global PEO in 2022 and Beyond

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Nick Ganzha | CEO | Acumen International 

An interview with Iryna Oprya, Acumen International’s Media Department Head

If you are ready to scale your business by taking it abroad, you need an experienced global partner to help you navigate the global business landscape. This is especially true after the events of 2020 that impacted businesses around the globe and brought new regulatory guidelines that must be followed.

Acumen International is a leading Global PEO company that provides its Express Global Employment service to help businesses expand and hire global talent in 190 countries. The challenges of 2020 impacted our company in the same ways they affected companies worldwide, but they helped us innovate and grow our services, to be ranked among the best.

Acumen’s interview with CEO and Founder Nick Ganzha in February 2021 covers the many key factors to consider when choosing the best Global PEO for your international business needs. In this interview, Nick reflects on how 2020 impacted the global HR and global employment industries, discusses the complexities and controversies faced by business leaders who plan to expand globally, and forecasts his expectations for global business in 2021.

Nick’s thoughtful answers clearly demonstrate why a Global PEO model is the perfect solution for businesses of any size who want to go global.

Iryna Oprya (IO), Media Department Head, Acumen International:

Nick, thank you so much for doing this interview with us! Before digging in, do you think most organizations today are aware of the Global PEO concept and the opportunities it offers? Please elaborate.

Nick Ganzha (NG), Founder and CEO, Acumen International:

Many companies think of PEO as a US-based concept intended mostly for small businesses. They don’t realize that a global PEO is a global employment solution for businesses of any size, for talent acquisition and retention, and a global expansion solution. Today, businesses of any size can easily expand into any market in the world, to sell their products and hire the best global talent, whatever their resources or stage of development. What was once the prerogative of blue-chip companies with unlimited resources has now become an opportunity for small and medium-sized companies with limited resources to tap into global markets.

Over the past decade we have seen a rising trend toward remote work, which actually shaped our global employment industry. The events of 2020 made remote work ubiquitous across all industries around the globe. Where working remotely once meant working from home in your city of employment, it now encompasses working with companies on the other side of the planet. On a global scale, remote employment is clearly the trend of the future. And who knows? Maybe in the coming decade, remote work will take place on another planet.

IO: What will this growing trend bring with it? What are the key factors that global businesses will need to consider when choosing the best Global PEO?

NG: To me, the one and only major factor to consider is that a Global PEO service is the perfect vehicle to help companies shift from a traditional work model to a remote one if they want to survive and thrive in the business landscape of the future.

IO: How exactly can Acumen International help businesses make this transition?

NG: We do it with our Express Global Employment solution, delivered in 190 countries. EGE is Acumen’s outstanding new service that was recently branded as a separate turnkey solution, designed to meet our clients’ urgent global hiring needs. With EGE, we can employ your selected global workforce on your behalf in any country in the world. Better yet, we can do it within 72 hours or less if we’re talking about employing the country’s local citizens with our 100% compliant solution.

Whether you are an enterprise looking to employ global talent or an agency hiring a global workforce for your clients, our Express Global Employment service provides a one-stop-shop solution to meet all your needs. Acumen is here to help you with expedited and compliant global employee onboarding, worldwide.

IO: Nick, you mentioned remote work as one of the most important global HR trends of 2020. What other trends and changes did 2020 bring about?

NG: First of all, I would say that the COVID-19 pandemic wins the 2020 Trend of the Year award. In addition to health threats and depressing statistics, it has affected every industry and every sphere of modern business life. The global HR and global employment industries were no exceptions. Our greatest challenge was the many international employees who were stranded in various countries due to COVID-19. This posed unprecedented challenges for companies employing a global workforce, in particular the challenge of keeping their global talent compliantly employed in the countries where they were stranded.

Another trend stemming from the pandemic is a plethora of newly posed legal challenges regarding the classification of workers by employers, both domestically and globally. The events of 2020 introduced many business owners to the high cost of worker misclassification cases, and ways to evade them.

IO: What challenges did these global HR trends pose before Acumen International? How did your team cope?

NG: For a complete answer to this question, you need to know a bit about my personal story and approach to doing business. We are constantly listening closely to our marketplace and innovating the portfolio of Acumen International’s services and products to meet the demands of our international clients, to serve them in the most professional and productive ways possible.

IO: Did you follow this same principle in 2020? What changes did last year demand from you personally, Nick?

NG: The events of last year challenged us to react to the many disruptions and innovations that upended the global HR industry. Acumen tries to always keep our finger on the pulse of global business trends, and to quickly respond to changes in the international business landscape.

In response to our global clients demands and to stay ahead of our competition, we are about to roll out several innovative SaaS products this year. These tools would give clients insights on how to employ global workforce compliantly and payroll cost estimates in 190 countries: 

  • Global HR Assistant (GHRA) – this global knowledge base continually updates the in-country information of 190 countries. It provides our client companies with valuable information, to help them make informed decisions about global employment and in-country compliance.
  • Global Payroll Calculator (GPC) – this online-only SaaS tool helps clients instantly estimate their total payroll costs and taxes in 190 countries.

Another thing that sets Acumen apart from our competitors is our unique blended business model that encompasses physically present legal entities and leverages in-country partners in countries where we don’t have established entities. This model allows our clients to tap into the deep expertise of in-country market leaders and reduce costs at the same time. We developed our business model specifically to spare companies from the high costs of overseas entity formation.

Our unique model sets Acumen apart as the premier global business partner, providing our clients with the benefits of our extensive local expertise. Our local partners bring us closer to our global clients and keep them in the know about changing in-country policies and conditions.

IO: Is building close relationships with clients a key prerequisite for a world-class Global PEO?

NG: Absolutely! Our intention is to be accessible to every client, to be a company they know and trust. Having a trusted global partner plays a crucial role in the growth and success of companies of all types and sizes. For me, trust is a valuable currency in international business.

Acumen enables companies to work without infrastructure. We provide a light global footprint for them, and we use a similar approach for our own business. What differentiates us from other international PEO companies is that they try to build their own infrastructure, while we work with local partners.

Whether our clients are seeking local support for their international clients, want to acquire global talent, or simply want to expand globally, Acumen becomes their trusted partner. Our international PEO helps companies enter new markets and hire foreign talent, quickly and risk-free.

We pride ourselves on the fact that Fortune 500 companies trust us to serve their global hiring needs.

IO: One final question – what makes Acumen the world’s best Global PEO company?

NG: We aspire to be the best by meeting our clients’ specific needs. We not only build relationships with our clients, but we do everything we can to help them accelerate their success through global expansion. You can learn more about the benefits of our global employment solutions here.

In 2020, Acumen was recognized as an industry leader among other Global PEO providers by the independent US analyst firm NelsonHall in Massachusetts. The firm closely analyzed Acumen’s offerings and capabilities and compared them to other global PEO providers, and listed us at the top.

Also in 2020, Acumen International was granted the Global Payroll Association’s Professional Employment Organization (PEO) of the Year Award. This top recognition of GPA proves Acumen’s consistent excellence in the international PEO arena.

Acumen’s Global PEO service enables multinational firms to expand globally and engage global talent in 190 countries, with unlimited access to our value-added tools.

IO: Thank you for your answers, Nick. To wind things up, can you tell our readers a little bit about Acumen’s plans for 2021 and beyond? You mentioned your two new self-service tools; what else is on the horizon?

NG: Along with our innovative tools that we are designing to meet our clients’ growing global needs, Acumen has branded our Express Global Employment (EGE) service. This service lives up to its name as a high-speed solution that can help companies to legally onboard the selected candidates anywhere in the world in as little as only 72 hours.

And I am happy to announce the launch of our redesigned website presenting our new brand and identity. In the future, we intend to consistently innovate to meet the ever-changing needs of our global clients.

Acumen International has become more than a global PEO over the past decade. We will continue to respond to newly emerging global HR trends, and to be a trend-setter for the global employment industry in the future.

Taking your company abroad is a bold move, and Acumen makes it easier than ever with our well-thought-out solutions for global business expansion.

Visit our website and enjoy its ultimate user-friendly experience to explore the full range of global employment solutions offered by Acumen International.

Explore our website today, or consult our expert team if you have a hiring need anywhere in the world. See why Acumen is the best global partner to help your company succeed abroad in 2021 and beyond.

Blog

Global Payroll Calculator: Estimate Labor Cost of Ukrainian Displaced Workforce Relocation

With the recent geopolitical tensions in Ukraine due to Russia’s military invasion of the country, it is estimated that around 1 million people have left Ukraine to seek refuge in neighbouring countries. The European Union Home Affairs Commissioner Ylva Johansson said this figure could reach 7 million. Given the intensity of this situation, the Interior… Read more Global Payroll Calculator: Estimate Labor Cost of Ukrainian Displaced Workforce Relocation

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With the recent geopolitical tensions in Ukraine due to Russia’s military invasion of the country, it is estimated that around 1 million people have left Ukraine to seek refuge in neighbouring countries. The European Union Home Affairs Commissioner Ylva Johansson said this figure could reach 7 million. Given the intensity of this situation, the Interior ministers of the European Union have devised a scheme to provide temporary protection to all the refugees who fled from Ukraine. Under this scheme, refugees from Ukraine will get fastrack access to temporary residence permits, employment, and social welfare benefits.

The biggest challenge for global and domestic businesses that used to engage a workforce in Ukraine is redeploying and payrolling their now-displaced professionals in new countries.

If you are considering relocating your personnel from Ukraine, we invite you to consider using our Global Payroll Calculator to compare payroll and employment costs in multiple countries to make more informed business decisions. We elaborated and launched our GPC to provide you with immediate automated payroll and tax estimations for your global workforce in 190 countries around the world (currently available in 179 countries, others to be added soon). This unique online SaaS tool lets you get an immediate calculation of the total cost of employing global talent – both local and expatriate – worldwide. It provides proper guidance on the steps to undertake.

Benefits of Using the Global Payroll Calculator

To meet our global clients’ demands and stay on top of innovation, Acumen International is striving to incorporate new business technologies to give our clients the best experience. Having fulfilled myriad challenging projects for clients’ global expansion planning, budget allocation, and global talent engagement worldwide, we developed our GPC to offer multinational companies a way to streamline processes. This easy-to-use online tool was created by leveraging our global HR expertise and 20 years of market experience in serving companies of different sizes.

Our global network team works hard to ensure that the calculations are precise, valid, and accurate, based on timely legislative updates, tax rates, and norms in all countries of coverage.

GPC is designed for global and regional service companies that want to serve international customers, automate their operational processes, and grow globally. Use our Global Payroll Calculator today to get immediate estimates of the total cost of employing global talent in the countries of your choice and engage your local and expatriate professionals via Acumen’s global employment solutions.

Contact Acumen International today to know how we can meet your business demands, help you make better and more informed decisions, streamline budgeting and make your business operations more cost-efficient. Write to us at info@expressglobalemployment.com and follow us online to know more!

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Portugal – Another Sweet Spot For Ukraine Expats

With their homeland in a state of upheaval and ravaged by war, many Ukrainians are fleeing with their families and their children to seek sanctuary in the EU. While many will find asylum in neighboring countries like Poland and Romania, others are expected to continue on to the European Union states, many of which have… Read more Portugal – Another Sweet Spot For Ukraine Expats

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With their homeland in a state of upheaval and ravaged by war, many Ukrainians are fleeing with their families and their children to seek sanctuary in the EU. While many will find asylum in neighboring countries like Poland and Romania, others are expected to continue on to the European Union states, many of which have been flooded in recent years by refugees from the Middle East.

One nation that is somewhat off the beaten path is Portugal, a smaller nation nestled to the west of Spain on the Atlantic coast. While Portugal is a greater trek for Ukrainian refugees than other EU nations, Portugal’s high quality of life may offer opportunities that cannot be found in larger, more populous EU nations.

In response to Ukraine’s Russian conflict, the Portuguese government is offering Ukraine refugees humanitarian visas upon arrival at the airport, along with taxpayer and social security numbers. This generous act allows Ukraine expatriates to enter and remain in Portugal without a Schengen visa, and to pursue employment there.

For global and domestic employers of Ukrainian workforce, Acumen International offers the perfect
expat hiring solution via PEO in Portugal enabling you to legally onboard and compensate your Ukrainian employees there.

Contact Acumen today to learn how we can facilitate and streamline the redeployment of your company’s workers from Ukraine to our solid expat hiring solution in Portugal.

If your business is still considering the countries where to relocate your dispersed Ukrainian professionals, we invite you to use our innovative Global Payroll Calculator, to get quick and easy automated payroll and tax estimations for your global workforce, in various countries around the world. With us, estimate your employer burden in the countries of your interest in just minutes, compare different countries to make faster and better informed business decisions, and get more cost-efficient business operations.

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Acumen International to Support Businesses Engaging Ukrainian Workforce

With Ukraine attacked by its Russian aggressor, millions of Ukrainian citizens and their families fled to neighboring countries for support and sanctuary. The EU has agreed to offer temporary protection and assistance to millions of Ukrainians expected to arrive at its borders in an unprecedented move. On Wednesday, March 3, 2022, the European Commission (EC)… Read more Acumen International to Support Businesses Engaging Ukrainian Workforce

With Ukraine attacked by its Russian aggressor, millions of Ukrainian citizens and their families fled to neighboring countries for support and sanctuary. The EU has agreed to offer temporary protection and assistance to millions of Ukrainians expected to arrive at its borders in an unprecedented move.

On Wednesday, March 3, 2022, the European Commission (EC) plans to waive regular asylum seekers’ standard application procedures. The program will provide Ukrainian refugees with temporary residence permits and access to employment, education, health care, and social benefits. The EC’s Temporary Protection Directive is valid for one year, with the option for an extension if necessary.

Ukrainian refugees are already pouring over the borders of neighboring EU nations, including Poland, Romania, Hungary, Slovakia, and Moldova. The number of refugees has already exceeded one million, with the EC anticipating three to six million more. While some Ukrainian refugees are likely to remain in bordering countries, many are expected to move to other EU nations.

If your international or Ukrainian company’s workforce has been displaced by the Russian invasion, Acumen International’s global employment solutions can help. Our Express Global Employment and Global EOR solutions support international employers by legal and fully compliant onboarding and payrolling your global workforce in the EU and other 190 countries we cover on your behalf in a matter of days.

Acumen’s regular and interim global employment solutions help you avoid workflow disruptions and project delays while making it possible to legally engage your skilled and trusted Ukrainian professionals in Europe and beyond.

Contact Acumen International today to learn how we can facilitate a smooth transition for your Ukrainian team to the EU.