New talent engagement platform on SAP Store can help organizations outperform competitors in a dynamic labor market.
EOR PEO picked some interesting news on a solution catered to help organizations outperform their competitors in a highly dynamic global labor market. WorkLLama, a talent engagement platform, has made its product available on the SAP Store to help organizations tap into a diverse pool of candidates. The platform integrates with SAP SuccessFactors and provides consistent touchpoints for candidates, which helps them stay engaged throughout the hiring process and remain a member of the customer’s talent community. WorkLLama boasts impressive results such as a 66% reduction in time-to-hire for customers, and the platform’s AI chatbot, Sofi, has achieved a 70% candidate application completion rate. WorkLLama is a partner in the SAP PartnerEdge program and secured $50 million in investment funds in March to continue its expansion across North America, Europe, and Asia.
International recruiting- Challenges, solutions and top players.
International recruiting is on the rise, thanks to remote work and globalization. It has become easier for companies to recruit the best talent worldwide. However, cultural differences pose a challenge in international recruiting. Companies must understand the cultural nuances of different countries to avoid misunderstandings and build trust. Cross-cultural communication skills are essential in attracting top talent and ensuring a positive candidate experience. Hiring employees in another country or region can have serious legal consequences, and companies must comply with local laws and regulations. EqualOcean has compiled a list of global HR solution providers to help companies with international talent acquisition needs. The list includes GONEX, ChaadHR, Deel, and Papaya Global. These companies offer various products and services, including Employer of Record (EOR), Payroll Service, Contractor, and Mobility, with business coverage in over 100 countries and regions.
Global payment platforms becoming crucial for international payroll.
Global payment platform providers, such as Nium, have become important partners for companies with international workers, according to Gabriel Grisham, VP and head of business development at the firm. The payment infrastructure they provide can help businesses comply with payment laws, tax regulations and payment schedules across the globe, he said. Global payment platforms can also offer multi currency support, forex solutions and faster payments, Grisham added. Another advantage of partnering with a global payment platform is the potential to improve the delivery of payroll in local currency.
HRLeverage expands to eight African countries, making business expansion seamless for startups
The African PEO market is witnessing significant growth with increasing demand for outsourcing and PEO solutions. With businesses expanding into new African markets, there is a need for expertise in managing taxes, statutory requirements, and employment risks to minimize risks and ensure compliance with local laws. In addition, there is a growing commitment to supporting African startups through workspaces and incubation programs, promoting the development of African talent and entrepreneurship.
HRLeverage, a provider of outsourcing and Professional Employer Organization (PEO) solutions, has announced its expansion into Nigeria and seven other African countries, including Kenya, Uganda, Rwanda, Tanzania, Senegal and Zambia. With a comprehensive range of services, including outsourcing, recruitment, HR advisory, workforce management, and PEO services, HRLeverage aims to make business expansion seamless and effortless for startups in Africa. HRLeverage is also committed to supporting African startups through its new workspace, Office Phase, and providing space to incubate their ideas.
