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When a company needs to meet the demands of industry leaders in different sectors and countries, having the right employees is not a luxury, it’s a necessity. So, when DevonWay was tasked with relocating a valued employee from the U.S. to the UAE, a country where DevonWay did not have an entity, they had to find a cost- effective, efficient solution.

The global work environment has changed — companies are rapidly replacing traditional 9-to-5 office-based roles with a flexible, remote-first workforce. Remote work has opened the doors to hiring the best talent, wherever they may live. However, while this provides companies with new and exciting opportunities, it also comes with its challenges, one of which is managing employees in various countries.

According to the Future Forum research, 72 percent of employees said they never want to go back to the traditional way of working and expect a hybrid-remote office model going forward. Research has shown that when executed correctly, hybrid working models can allow companies to recruit better talent, achieve innovation, and build a flexible, productive future.

Staying compliant is critical for long-term success. Companies that grow internationally without prioritizing compliance are sure to run into problems. From entity setup, to hiring, financial reporting, and staying on top of changing regulations, compliance plays a key role every step of the way.

That is one finding of a survey conducted by CFO Research of Industry Dive and Globalization Partners polling senior finance executives from companies in North America, Asia-Pacific, and Europe. The majority of CFOs reported that the coronavirus pandemic fundamentally altered the way they think about hiring and workforce management

Did you know that 95% of managers are dissatisfied with formal performance reviews, and 55% of employees say annual reviews don’t improve their performance? Because this inefficient process is hated by employees and managers alike, HR leaders today are urgently looking for a better solution.

Walk into your local bookstore and there’s no shortage of advice for leaders and managers. Amazon offers 7,000 books about culture, 2,000 books on leadership, and more than 134 books specifically devoted to employee engagement. A Google search for books containing the term “employee engagement” returns 93,000 results. Meanwhile, the total volume of Google searches for employee engagement has risen more than threefold over the past 14 years.