With the establishment of global factory layouts and supply chains, the critical thing for enterprises going overseas is the human resources issue, such as global labour cost, capabilities, and international labour standards. In addition, due to cultural differences, geopolitical risks, and the compliance policies of different countries, Chinese enterprises have encountered a lot of difficulties in overseas business expansion. For example, Chinese companies often face challenges in immersing in local culture and not being able to communicate with overseas consumers. Local talents are unable to fully participate in making decisions, and staff also feel it difficult to capture clients’ preferences and social trends. The restricted policies also impede Chinese enterprises from going overseas.
More importantly, each country’s labour unions, tax, and legal policies are different; the laws and regulations are complex and diverse. The compliance requirements of different countries also keep changing, Facing with changing taxes and regulations, enterprises must be timely informed or even be informed in advance, otherwise they are likely to face heavy penalties.
How to deal with global compliance, enterprise localization requirements and global deployment security? This has become a crucial challenge for Chinese enterprises to go overseas. YonBIP Ultimate HR SaaS helps enterprises to go overseas from multiple dimensions of compliance management, global employment, global payroll, and global systems!
01 Security and Compliance Management
YonBIP Ultimate helps Chinese companies be fully compliant in terms of personal information, data, and manpower business. First of all, for laws and regulations, YonBIP strictly complies with the personal information protection laws of every country and region, such as PPA in the U.S., APPI in Japan, and PIPA in South Korea. As for data security, YonBIP strictly complies with the laws and regulations of every country and region, such as Japan’s Cybersecurity Strategy, Brazilian Security Regulations, and India’s National Cybersecurity Policy. When it comes to human resources operations, YonBIP follows the labour contract laws of business trip destinations. In terms of data management, YonBIP also strictly follows local laws and achieves data management throughout the process.
02 Global Labor Management
YonBIP Ultimate provides adjustments according to the characteristics of overseas employees by establishing the lifecycle management of employees. YonBIP also helps quickly generate employment contracts that comply with local laws and regulations during employee enrollment and manage benefits and allowances in accordance with each country’s regulations.
YonBIP Ultimate ensures global labour compliance by comprehensively managing all aspects of international dispatch.
(1)Preparation for Dispatch:
Provide an online platform to handle employee applications, document management, immigration procedures, etc. to realize digital management throughout the process.
(2)Process for Dispatch :
Familiarize with local laws and regulations, submit dispatch applications, apply for work visas, and initiate the process of signing the assignment agreement; formulate the selection criteria for employees, provide training and support for better adaption to the local environment, handling visa issues, review and formulate dispatch contract, and plan the dispatch program including benefits and allowances.
(3)Management during Dispatch:
Cross-cultural communication and cooperation, submitting visa renewal applications, time management (including shifts, vacations, and overtime), providing fringe benefits for dispatch, managing annual personal tax returns and settlements, calculating cross-border social security, managing shadow payroll, and handling payroll for domestic and foreign dispatch employees.
(4)Compliance Records during Dispatch:
Ensure compliance records such as employee information and attendance, support employee growth and integration, and provide local support.
(5)Dispatch Closure:
Handle the return process, manage visa cancellation, and conduct performance evaluation.
03 Global Payroll Management
YonBIsP Ultimate Global Payroll System Management Platform is an all-in-one digital system platform to efficiently and compliantly manage global employee payroll and improve management efficiency. Firstly, the payroll program and public payroll items are unified by the headquarters. Payroll data is imported into the system and calculated automatically. Most of the data from overseas branches is calculated and issued by local third-party organizations, including local benefits and taxes. In order to improve employee satisfaction and meet the different requirements in payroll in various regions, YonBIP provides employees with payroll inquiry service through the online system and payroll uploading, it also supports the uploading and online downloading of commission and tax statements.
04 Global Delivery
Yonyou created its global layout in the early 2000s. The establishment of Yonyou Hong Kong in 2003 marked an important step in its globalization layout. As of 2024, Yonyou has more than 400 employees overseas, serving more than 1,200 overseas clients worldwide. Yonyou provides digital intelligence services to Chinese enterprises and organizations going overseas and foreign enterprises’ local development in more than 40 countries and regions. In 2023, Yonyou also set up an overseas data centre and R&D centre in Singapore, providing high-quality and localized services in foreign countries, and this marked a new stage of Globalization 2.0.
YonBIP Ultimate with the advantages of “world-leading, fast, and cost-saving”, provides strong support for overseas enterprises in human resource management. By building a flexible organization system, providing a comprehensive global risk management solution, and building a compensation and benefits system that meets international standards, it helps companies effectively deal with complicated human resource management under the dual challenges of business development and compliance requirements. In addition, YonBIP Ultimate helps enterprises establish a management mode that meets the demands of their global operation, ensuring organizational structure and strategies adapt to market changes, and thus enterprises can achieve agile management and sustainable development in the global market.
