Hiring local personnel through a Professional Employer Organization (PEO) in Guatemala is a wise decision for foreign companies that have a limited-scale operation or are planning to do business in the country for a short period of time. A PEO in Guatemala will manage complex and time-consuming HR activities while ensuring full compliance with local …
In September and October 2020, Biz Latin Hub surveyed businesses and executives about their plans for hiring in Latin America over the next 12 months. Among them, a whopping 93.3 percent said they were considering hiring local staff in the coming months. Our team received responses from CEOs, project managers, directors, administrators, lawyers, and other …
Survey On Hiring in Latin America: 93% Consider Hiring Soon Read More »
Panama is an attractive market for foreign investors when it comes to a strategic geographical location, Panama Canal, their business environment, use of the dollar, attractive tax system and other factors. Panama ranks first in receiving foreign direct investment (FDI) in Central America, reaching US$ 5.5 billion in 2018. Working with an employer of record …
Understanding labor laws in Panama is crucial as an expanding company looking to hire staff. Panama offers competitive conditions for doing business – it has the lead in economic growth in Central America which draws much attention from foreign investors. The country’s estimated GDP growth for 2019 is 3.7%, and it has a reported GDP …
Establishing a local sales presence in Brazil becomes more relevant as the country is in the process of nurturing a more favorable, globally competitive business environment. Although the economy is showing signs of growth and its domestic market is vast, many foreign companies expanding into the country face the challenge of hiring employees and the …
5 Reasons to Establish a Local Sales Presence in Brazil Read More »