04:05 AFRICA
The Risks of Engaging Staff on Consultancy Contracts in Africa Consultancy contracts are a common approach for businesses expanding into Africa. They offer an appealing alternative to traditional employment arrangements, providing flexibility, lower costs, and fewer compliance obligations in the short term. H owever, this approach is not without significant risks, and companies often underestimate the complexities and potential consequences. Below, we explore how consultancy contracts operate in Africa and the challenges they can pose for businesses. How Consultancy Contracts Work in Africa When entering a new market, companies often seek ways to streamline operations and reduce administrative burdens. Engaging workers as consultants rather
Author: Grant Geraghty
Grant Geraghty - Head of Client Relationships @ Africa HR Solutions - is a seasoned HR operations and payroll compliance expert with a focus on the African market. He holds a Bachelor of Commerce in Economics and Business Finance from the University of Natal, South Africa, and a certification in Payroll and Tax Administration from the University of Cape Town. With his meticulous approach and deep understanding of local regulations across Africa, Grant has built a reputation for helping organizations
optimise their African expansion strategies.
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GLOBAL PAYROLL MAGAZINE ISSUE 8
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