Global Contractor Compliance and Worker Engagement.
The introduction of the new World-Wide Workforce, as covered extensively in Andrew Karpie’s whitepaper, means that there are new challenges for companies and platforms engaging workers around the globe and ensuring they are compensated in a compliant manner that is in accordance with the local regulations of the country or city in which they are engaged.
John Smith, Managing Director of CXC Global America’s made the comment that “contracts with a freelancer stating they are responsible for taxes does not provide anyone indemnification.”
So how do companies ensure they are compensating their workers around the globe compliantly?
A tongue-in cheek comment made at VMSA Live 2015 in Vegas that there was a need for an ‘Angie’s List’ of suppliers in the contingent workforce highlighted the fact that businesses are struggling to know the right way forward when it comes to engaging and managing their contingent workforce in the US and around the globe.
This coupled with the barrage of emerging online human cloud platforms that engage workers for all types of tasks around the globe further reinforces the issue of compliance and how to engage and compensate a global workforce.
The Compliance Solution
There is clearly a need to provide a service to companies that talks to engaging and managing their contingent workforce in a compliant manner. A Contractor Management Organization (CMO) will do this very thing. Taking it a step further to a Global CMO allows a company to align with a global partner that will not only manage their contingent workforce, but will ensure it’s done compliantly, thereby minimizing the risk for all parties.
CMO – Contractor Management Organization
CXC Global coined the CMO acronym and it has become a prominent term used in Australia and Asia. With the continued growth in the US, Canada and Latin American markets, CMO is becoming a commonly used acronym, just like MSP and VMS are used today.
CXC Global have solutions in over 60 countries and over 25 year’s experience managing and payrolling contractors and providing compliant solutions. Our global teams have extensive knowledge about the intricacies of global payroll and statutory requirements in all the countries in which we operate. It makes sense to partner with a global provider of CMO services and trusted advisor to protect your company from the negative press, possible fines and penalties associated with engaging a non-compliant contingent workforce globally.
To find out more about working with a Global CMO and to download Andrew Karpie’s whitepaper on the World-Wide Workforce, visit www.cxcglobal.com.
Follow CXC Global Americas on twitter: @CXCGlobal_USA @CXCGlobal_CA @CXCGlobalLAM
Written by Kathryn Hopkins
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