PEO is a B2B service usually availed by large companies, to establish locally operating systems/offices in new locations. Global companies opt for PEOs while entering a foreign country to onboard the local expertise about the market, and nature of business etc.
Let’s first understand what are PEO’s. PEO stands for Professional Employer Organization, it is interchangeably referred to as HR outsourcing, co-employment, or business process outsourcing. These are organizations that help businesses set up a locally operating office for a target market in another city or country.
Let’s understand what a referral program is first. A referral program is a way for companies to hire employees referred by an existing employee. It encourages accountability for the existing employee to recommend someone who will be fit for the role.
5 Tips to Negotiate Salary
They say “if you don’t ask for something, you will never get it” and this phrase perfectly sits right when it comes to salary negotiation. Salary negotiation is a cycle that repeats throughout our career and therefore, it’s an essential skill to have.
The pandemic has made the job market extremely volatile. There have been mass layoffs in many companies, sudden digitalization led to a lot of discomfort on both company and employee fronts.
It’s simple, but we suggest investing time and effort into it. It is your first mode of communication when you first apply for a job, and with increasing technology and resume scanning tools extra attention must be paid. We have answered a few crucial questions for you below: