As we transition from an industry-oriented to a service-oriented economy, more companies from around the world are looking for staff and products from different countries. Latin America used to be reliant on agriculture for income and economic growth; now, they are very industry-heavy and are attracting investors and businesses from across the globe. If you’re a business looking to outsource your HR (human resources), payroll or recruitment services in Latin America, we’re here to help.

As an Employer of Record (EOR) and fully comprehensive HR service, we help all kinds of businesses in Latin America manage their payroll and other functions, as well as helping companies break into the Latin American market. Want to know more about hiring staff in Latin American countries? You can read our latest article below.

 

Boosting Local Economies

Latin American businesses are looking to outsource their staff and attract foreign investors in order to boost their local economy. Countries in Latin America, such as Argentina and Peru, are securing trade deals to boost the economy, and even joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CP TPP). Latin American countries are also looking to secure fully-trained staff from other countries to boost the reputation of their businesses and improve services.

HR departments are there to monitor employee life cycles and arrange and oversee compensation and benefits. By outsourcing these tasks to HR professionals such as our dedicated team at Payroll Worldwide, we can find the best staff for you from across the globe. We understand the Latin American market, and we understand the best course of action for your business. To find out more about our services, please visit us here. If you would like to find out more about the role of human resources, you can read our previous article.

 

A Qualified Workforce

Although recruiting locally can be an excellent way to improve the local economy, you need a business that’s going to work in your favour. The training and development of staff is important, and if you know that workers from a certain country will do the job more effectively, it’s a no-brainer. Small businesses may need to start locally, but more established businesses can look towards an outsourcing company to help them out.

Our team here at Payroll Worldwide can help you with all aspects of the HR role, including the recruitment process, payroll and immigration. Latin America has different labour and employment laws to other countries, so it can be hard to navigate, especially if you’re looking to break into the market. That’s why an employer of record is a smart choice; you can leave the recruitment process up to a team of professionals and focus on other aspects of your business.

 

How We Can Help

Payroll Worldwide successfully help and manage HR services for a range of businesses in Latin America. Outsourcing HR and payroll services frees up your time to focus on more important aspects of your business, and can save you money as you’re not looking towards hiring a full in-house team.

If you would like to find out more, or to receive a quote, you can fill out our online form here.