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Startups Beyond Borders
Startups Beyond Borders
Beyond Borders
70+ Practices on Cross-Border Hiring and
Building a Sustainable Global Organization
cost-cutting resulting in layoffs and ability to build functionally specific teams more competitive talent
cuts to hiring spend markets
(e.g., engineering) in other markets away can
from target market result in
drives unlocks remote work arbitrage and
remote work arbitrage and Cross-Border
accessibility (esp for tech
accessibility (esp for tech talent) Hiring talent)
ability to hire top talent from other
AI trends driving demand for tech markets and unlock specific expertise talent pool growth in
talents not necessarily in HQ country (e.g., data science, AI) emerging markets
Based on minimum monthly Indonesia UK Most populous country in SEA and Has the largest public listing of tech company
salary of $1000 emerging talent pool with median age of across SEA and success of startups have
30 years old increased interest from talents
Employment contributions 4.42% 13% Both AWS and GCP have invested in
(insurance, pension, social security, Top 5 GDP growth in 2022 and is
data-centers with Indonesia as their only
etc.) forecasted to be top 5 in 2023
other location outside of SG in SEA.
Contents
Choosing a Global Employment Strategy 3
Identifying Resources and Partners 4
Ensuring a Positive Employee Experience 5
Part 3 Winning Over Global Leadership Talent: A Look at Indonesia 15 Practices 28-44
To Hire Locally or Globally? 16
Attracting Indonesian Returnee and Top Global Technical Talent 17
Hiring and Retention Adjustment 19
Setting Up
Cross-Border
Employment
Pipelines Questions covered in this section:
● How do I link cross-border organizational development
with market expansion plans?
● What are the pros and cons of different global
employment strategies?
● How do I identify the right resources and partners to
implement these employment strategies?
● How do I ensure a positive applicant and employee
experience for a cross-border organization?
Opening a local Starting a separate legal entity in the new location Usually, to hire in Singapore, your business needs an entity. That means a local office, an
subsidiary address registered as a subsidiary, and an account with a local bank. All of this, plus
navigating regional benefits, payroll, tax, and HR laws, can take months. Singapore also
Employer of An employer of record (EOR) is an organization that acts as the treats contractors differently than FTEs, so misclassifying a contractor could lead to fines.
Record legal employer for their clients’ foreign employees. It is very
See the Singapore hiring guide. We’ve also covered everything you need to know about
common that initial local market hires will enter via EOR.
hiring an employee in the APAC region. See how you can hire employees in Singapore
easily and compliantly here.
Familiarizing yourself with local Develop an exit strategy (leaving a
compliance and tax laws to fulfill local market can sometimes be just as
requirements complicated) 2
Credits: Deel
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