AI Focus
What Will 2024 Bring?
Increased Use of PEOs and Employers of Record To keep up with the business needs to hire an ever more global workforce, more companies will turn to professional employer organizations (PEOs) and employers of record (EORs) in foreign countries where they have a relatively small workforce. Data Privacy to Be Key Focus Countries that recently enacted new regulations on data privacy law, such as Brazil and China, are poised to step up their enforcement actions in 2024. They may be joined by other countries whose data privacy commissioner’s offices have been idle for a while, such as Mexico. Enhanced Independent Contractor Scrutiny More countries will take a closer look at the large number of independent contractors in their countries working for foreign employers to capture lost tax revenue and better regulate the labor market.
AI Focus
International Operations Benefit from Smart Automation Artificial intelligence will likely be used to replace many virtual assistants and call coordinators currently hired in international jurisdictions. We’ll increasingly see a rise in companies outsourcing highly skilled jobs in their place – computer programmers, designers, data analysts, engineers, developers, and the like.
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