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Mastering Global HR Strategy: A 5-Step Guide for Success with EORs and Innovative Tools

Gone are the days when Human Resources merely focused on talent acquisition. In today's dynamic business landscape, HR has transformed into a crucial force that underpins a company's workforce and growth. This evolution has given rise to the need for strategic planning, particularly for global organizations.


Defining Strategic International Human Resource Management


Strategic International Human Resource Management involves a comprehensive plan devised by HR to effectively oversee its global human capital. Collaborating closely with management, HR aims to craft a holistic strategy that aligns with the company's philosophy and objectives. When executed correctly, these HR strategies become instrumental in fostering the growth and resilience of an organization on a global scale.


Recognizing the uniqueness of each company, a one-size-fits-all approach is not viable. Hence, we present a step-by-step guide to help tailor a global human resource strategy for your organization.


Crafting a Global Human Resource Strategy: Step by Step


1. Setting Goals and Aligning Activities


  - Define long-term goals that reflect the company's purpose and mission.

  - Choose activities that align with these goals, ensuring they are achievable and contribute to the overall success.

  - Establish an organizational structure that best supports the defined goals, considering options such as functional, multidivisional, flatarchy, or matrix structures.


2. Finding Talent on a Global Scale


  - Enable global hiring strategies to tap into the best talents worldwide.

  - Overcome challenges in hiring across borders by leveraging Employee on Record (EOR) firms, which have local legal entities in various countries.

  - Utilize enhanced HR tools for seamless onboarding, compliance with local labor laws, and efficient contract management.


3. Managing Employee Activities


  - Design or employ management tools to automate employee activities, including timesheets, leave trackers, and task lists.

  - Implement a robust payroll regulation system to navigate the complexities of tax norms and payment policies globally.


4. Focusing on Employee Engagement


  - Consider holistic compensation and benefits beyond monetary aspects.

  - Emphasize upskilling and provide avenues for individual growth to strengthen the capabilities of the workforce.

  - Implement a flexible mobility pyramid to accommodate hierarchical shifts and role changes.

  - Identify and nurture leadership capital by looking beyond resumes to assess problem-solving skills, attitude, and personality.


5. Employee Retention Strategies


  - Provide a challenging work environment to engage employees and test their skills.

  - Establish transparent and steady communication channels using tools like Loom, Zoom, and Google Meetings.

  - Promote internal recruitment and career growth to retain talent.

  - Regularly engage in external hiring to bring in fresh perspectives and efficiency.


In Conclusion


This comprehensive guide outlines the key steps in designing a successful global human resource strategy. Additionally, it emphasizes the importance of utilizing tools like EORs, HR software, and platforms such as Remoly to streamline and enhance the efficiency of international HR processes. For assistance in optimizing your international HR strategy and implementation, reach out to Remoly for a simplified and effective approach.