04:05 AFRICA
no degree and no major job history, but they saw potential. We arranged for him to receive a laptop, got onboarded, and within weeks, he was contributing to global campaigns. That job? It didn’t displace a US worker. It existed because the company could scale affordably with remote support. And for that new hire, it meant access to income, upskilling, and international exposure he simply wouldn’t have had otherwise. Global hiring is often the difference between surviving and thriving for both businesses and talent. In many cities across the Global South, the cost of living is significantly lower than in London, New York or Amsterdam. That means a salary that seems modest in USD or GBP terms can be genuinely life- changing on the ground – especially for smaller businesses wanting to scale.
The conversation shouldn’t be about paying the least. It’s about paying fairly and paying in a way that reflects both the role and the local context.
emerging-market professionals actively want to work for international companies. Why? Exposure. Growth. Skills. A global resume opens global doors. However, traditional hiring structures often keep them out for several reasons: The expectation of in- office work The legal limitations of employment laws across borders. The fear of compliance issues. Or worse, the misstep of classifying them as independent contractors, which puts both the employer and employee at risk. That’s where models like Employer of Record (EOR) come in. They allow companies to hire
In India, for example, the minimum wage in some regions is less than $2/ hour. In South Africa, entry-level professionals earn far below what their global counterparts make, yet with remote roles paying international rates, they gain a shot at upward mobility, financial stability, and meaningful careers. The conversation shouldn’t be about paying the least. It’s about paying fairly and paying in a way that reflects both the role and the local context. The Old Way of Hiring Delays Everything According to LinkedIn’s
2024 Future of Work Report, over 60% of
30 I 04:05
GLOBAL PAYROLL MAGAZINE ISSUE 15
Made with FlippingBook - Share PDF online