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Companies considering employment of a global workforce – whether it is to enter new markets and sell their products there or to serve customers on-site – must understand target country’s unique specificities, such as employment labor code requirements and local business customs.
However, there is one thing that is particularly important when company’s international growth is at stake – awareness of the total employment costs in the target country or countries. Otherwise, it is impossible to accurately estimate the true costs of entering and operating in each new market.