When starting operations in the US, recruitment firms can benefit from collaborating with various businesses and service providers that support their operational needs. These include organizations that help with compliance, administrative tasks, and funding. 

Here are five businesses you should partner up with: 

An Employer of Record   

The US has complex and stringent employment laws at federal, state, and local levels. An EOR ensures compliance with these regulations, reducing the risk of legal issues related to payroll, taxes, benefits, and labor laws. An EOR manages payroll processing, tax withholding, and reporting, ensuring accuracy and adherence to deadlines. This helps prevent costly penalties and fines associated with payroll errors and tax non-compliance. It streamlines the onboarding and offboarding processes, which in return enhances your candidate experience. If you’d like to find out how an EOR can support your business, contact our team today.  

An Applicant Tracking System 

Whether you’re expanding your business in your local area, nationally, or globally, an applicant tracking system will help manage the recruitment process efficiently. An ATS allows recruiters to organize and manage a large volume of applications efficiently. It centralizes candidate information, making it easy to track and retrieve resumes, cover letters, and other relevant documents.  

With an ATS, recruiters can post job openings to multiple job boards and social media platforms simultaneously. This saves time, meaning your team can focus on building your client base and researching the market.   

A US Insurance Consultancy  

The US insurance landscape, similarly to employment laws, is complex and varies significantly by state. An insurance expert understands these complexities and can guide recruitment businesses through the specific requirements for different types of insurance, such as workers’ compensation, general liability, and professional liability. 

Working with a US insurance expert provides recruitment businesses with the necessary guidance to navigate the intricate US insurance landscape. This ensures compliance, adequate coverage, cost savings, and peace of mind, allowing the business to focus on growth and success in the new market. It’s best to use a consultancy that specializes in your sector, as they will be able to address your specific needs. 

A Funding Solution  

Funding plays a huge role in the expansion of your business, whether it’s to expand in a new region, or offer a new service such as contract recruitment opposed to being traditionally a perm only recruiter. For example, if you’re a start up, you may require a company that covers both the bill rate and the candidate rate, engages directly with clients, and supports you during challenging situations such as payment delays. Invoice factoring businesses, such as 3R, can be absolutely game-changing for businesses, who may lack sufficient funds to cover that risk. 

A Marketing Agency  

Partnering with a marketing agency local to the area you want to expand in provides recruitment companies with the expertise, resources, and strategic support needed to effectively enter and grow in the US market. It helps build brand awareness, attract and convert leads, optimize marketing efforts, and ultimately achieve business objectives more efficiently.