ExroAsia Blog
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Employee Engagement Trends for 2022
The pandemic has changed lives, shifted mind-sets especially in the corporate environment where an employee is concerned. It has disrupted the workflows, work culture and the corporate lifestyle completely where many companies adapted to remote working no matter where they were located. Employee mental health and work-life balance were given…
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Best 6 Markets in Asia for International Expansion in 2022
Asia is home to world-class technology centers, advanced infrastructure and densely populated emerging economies. During the last three decades, Asia has boomed in technological advancements, GDP growth and labor competency outshining western countries which makes Asia one of the best destinations to expand during the post pandemic. According to the…
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10 Questions to ask When Choosing a Global PEO.
Choosing a global PEO will make your expansion journey smooth and hassle free. A global PEO would take care of your employee payroll, labor and HR requirements while employees work for your company. Without an entity, having a global presence not being able to worry about employee and statutory related…
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Why should you Switch from Local Entity to PEO post pandemic?
When you expanded sometime back to a foreign country, it must have made complete sense to establish a local legal entity in the new country. It would have been more straightforward at that time to set up an entity as a subsidiary while directly employing people to your new company.…
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How Global Expansion can be Cost-effective Post Pandemic.
The pandemic brought in some unforeseen challenges to many economic giants in the world. Across the globe, some predict a downturn of the economy for certain countries there are forecasts for some which are expected to bounce back. Despite economic challenges businesses must survive and carry on vigilantly. While every…
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Right Time to go Global? Here are few Things to Consider
We have been dealing with mutations and aftermath of a Pandemic for many months now. Let’s face the reality, Covid19 is here to stay for a foreseeable time. Hindering or postponing operations can only be short term not a wise choice in long term as anyone else, we all need…
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10 Questions to ask Potential EOR Companies
Many people define an Employer of Record (EOR) as a third party entity placed in between the client and employee. The EOR carries out payroll and basic HR functions on behalf of the client, while managing legal and statutory requirements is one of the key tasks undertaken by an EOR.…
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What is an Employer of Record and Why is it Important for You?
When a company hires an employee, the responsibility of all tasks of the employee including payroll, HR related tasks and legal and labor requirements must be taken up by the employer. But not all types of companies want to take up the responsibility of dealing with the liability of managing…
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5 Things You Must Know About Employee Statutory Requirements in Sri Lanka
Sri Lanka is a nation with a mixed economy where both private sector and government sectors employee Sri Lankans and foreigners. Sri Lanka welcomes foreign investments, and to support this several free trade zones, regulations and easy access schemes have been established. The economy is based on agriculture, apparel, and…
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Things you Need to Know About a Shell Corporation
In simplest terms, a shell corporation is a legal entity which exists only on paper without a physical officer or employees. They have financial assets, however they do not create products, recruit employees or generate revenue in any manner. What is a shell corporation? A shell corporation has no significant…