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Human Resources Human capital is generally regarded as a company’s most important asset; however, international employees are often not as well supported as their counterparts at headquarters when it comes to HR administration issues. Because the rules vary widely from country to country and there are no one-size-fits-all solutions, it’s difficult for the headquarters HR team to cover the global provision of employee benefits adequately. High Street Partners can advise on and implement the full range of HR support functionality, including assisting with recruitment, induction procedures, employment contracts, disciplinary and grievance procedures, non-compete agreements compliant with local requirements, contractor arrangements, compensation structuring, tax efficient provision of benefits-in-kind, advice on tax and reporting obligations for stock options and equity compensation, best practice and statutory provision of employee benefits, pension requirements, employee handbooks, and other matters as required.
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“HSP helped us out before the ink on our contract was dry. We agreed to their proposal to help us set up a branch in Korea on the 15th, but we had an employee who had started on the 1st. He needed to know the usual things about a new job: payroll setup, benefits, banking, you name it. We had not employed employees in Korea, and we were not sure how we were going to get him paid on time, much less what to do about statutory benefits. The last thing we wanted was to start off on the wrong foot, so almost immediately HSP proved its worth to us because they took care of everything in record time. They got in touch with our new hire directly and sorted out the required payroll information and various benefits forms, and within a few days sent us a wire request to fund payroll."
- Jamie Tremblay, Director, Human Resources, Ellacoya Networks, Inc.
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