Expanding internationally holds hidden risks, particularly in compliance, employee benefits and operating models. In this episode, Mike Kelly, senior partner and risk advisor at The Baldwin Group, discusses the challenges companies face when hiring abroad and how EOR services can be best utilised to mitigate potential risks. He highlights the importance of understanding local labour laws, pension obligations and why global policies may not always be the best choice.
Key Takeaways:
(02:26) The US approach to benefits differs vastly from the rest of the world.
(03:55) Equity in benefits does not mean offering the same plan in every country.
(05:34) Many companies underestimate the complexity of international pensions.
(08:31) Global policies are easy but can be expensive and non-compliant.
(11:31) Most companies expand internationally without an operating model.
(15:32) EORs provide compliance support but can still expose companies to risk.
(19:03) Employers are still liable for compliance failures, even when using an EOR.
(28:44) Remote work is now a fundamental employee benefit, not just a perk.
(34:19) A thoughtful global expansion strategy is key to long-term success.
Resources Mentioned:
https://www.linkedin.com/in/mikeckelly/
The Baldwin Group LinkedIn -
https://www.linkedin.com/company/thebaldwingroup/
The Baldwin Group Website -
https://baldwin.com/
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