Monthly Archives: March 2023

Major Changes Coming to the Employer of Record Model in Europe

By |2023-03-30T11:39:49-04:00March 30th, 2023|Categories: Uncategorized|

New directive threatens the use of self-employed contractor models in Europe

If you are using an outsourced AOR/EOR model or similar platform to employ people through a third-party provider-be advised the European Parliament published new directives which, if implemented (and it seems likely) will significantly change your company’s ability to hire employees through this model.

Many staffing companies, AOR/EORs and platforms may need to also start planning changes to their commercial models soon.

Our colleagues at Osborne Clarke have prepared an analysis of the changes which we encourage you to read and consider.

https://www.osborneclarke.com/insights/new-directive-threatens-use-self-employed-contractor-models-europe

If you are looking to establish an entity outside of the US, contact us for advice and assistance. Birchtree Global, LLC (www.birchtreeglobal.com) provides the legal, financial, tax, and HR strategy and tactics for globalizing businesses.

#globalhr #hr #Europe #finance #Columbia #Bucknell #Phoenix  #strategy #staffing #tax #legal #planning

Comments Off on Major Changes Coming to the Employer of Record Model in Europe

The Importance of Training to Corporate Financial Performance

By |2023-03-20T10:16:46-04:00March 20th, 2023|Categories: Uncategorized|

Birchtree Performance HR helps companies and private equity (PE) firms increase financial performance through employee training. The objective of training varies based on the organization’s strategic objectives. For example, PE firms tend to have a narrower focus than corporations, a shorter return on investment horizon, and a more hands-on approach as they are investing in the development of specific employees for the benefit of their portfolio companies. Corporations tend to have a longer time frame for the investment, broader metric measures and view training as an HR cost center.

For example, training in PE helps employees analyze investment opportunities, identify risks and opportunities, and make sound investment decisions. They can train employees on operational improvement techniques, helping employees identify inefficiencies in the operations of portfolio companies, implement best practices, and reduce costs. Due diligence is a critical aspect of PE investments. where training helps employees identify potential risks, evaluate market trends, and make informed investment decisions. PE firms can also invest in training employees on communication and negotiation skills helping employees build relationships with portfolio companies, negotiate better deals, and resolve conflicts effectively. Developing strong leaders is crucial for the long-term success of PE firms. Training employees on leadership skills can also help them manage teams effectively, motivate employees, and drive results.

Corporations on the other hand, can use training to help employees to become more efficient and effective in their roles, completing tasks more quickly and accurately, leading to cost savings and improved performance. Risk reduction in operations, financial decision-making, and business development is also improved through training. Employee training can also stimulate innovation by encouraging employees to think creatively and develop new ideas. This can lead to the development of new products, services, or processes generating more revenue and improving competitiveness.

Research shows a major benefit to both PE and corporations is in the way in which training contributes to employee satisfaction and retention. When employees feel valued and invested in, particularly younger, ambitious employees, they are more likely to stay, reducing turnover, recruitment and onboarding costs, keeping intellectual capital, and positive client relationships.

Finally, for both organizations improving customer or client satisfaction is the ultimate end goal of a training activity. Contact us for more information and ideas on training and financial performance. We’ll share our research, programs, and customer case studies to help you increase the financial performance in your organization through training.

Comments Off on The Importance of Training to Corporate Financial Performance
Go to Top