Higher education is a massive industry that maintains a global footing. Thousands of esteemed universities from all around the world look for international opportunities both to engage their faculty and students in new opportunities abroad, and to recruit internationally renowned faculty members to their institutions.
In the US alone, there are upwards of 4,000 public universities, private universities, and for-profit universities.
This means that each year, administrators are fighting to ensure that their faculty members have access to the international research, educational, and professional opportunities they need to increase their academic rigor back at home, to bring back prestigious awards and distinctions, to pursue grant money and funding, and to help further the reputation of their institution.
Knowing how much is at stake, it’s clear the education industry is highly competitive. To gain an advantage over their competitors, higher education institutions from around the world choose to work with Global PEOs—otherwise known as a Global Professional Employer Organization. PEOs are designed to manage payroll, benefits, and HR responsibilities for any given university in the US.
But when it comes to a Global PEO, their role is a little bit different.
Essentially, they serve as a university’s primary point of contact overseas. They offer a quick solution in getting an institution’s global operation up and running, and they often become the “Employer of Record” (EOR), which allows them to hire overseas on the university’s behalf. All of this happens without the need to establish a foreign legal entity.
So why is this important to a university and the higher education industry? This eBook will answer that question—and many more.
In this comprehensive guide, you’ll learn all about the construction of a Global PEO. From there, we’ll talk about the international aspects of a Global PEO, which is essentially what makes it different from a traditional US-based PEO. Then, we’ll get into the benefits of partnering with a Global PEO from a university’s standpoint, before finally showing you just how partnering with a Global PEO can help your faculty members secure new opportunities.
If you’re ready to get started, let’s move on to chapter 1.