The sluggish U.S. economy is prompting more American corporations to look overseas to find new markets and boost profits. But these companies should plan carefully before they open overseas offices and hire local workers to staff them, human resources experts warn.
That’s because the business of human resources—finding qualified workers, hiring them, and providing salary and benefits—can vary greatly from country to country, experts say. And unless companies have a sound human resources strategy ready before leaping into a foreign country, they could fail.