The Taiwanese market has become a hub for business and has been drawing so many investors in the last couple of years. Being a recently developed country, Taiwan offers entrepreneurs stable trade surpluses, reserves that protect it from problems, a low inflation rate, as well as a skilled population ready to take up roles in your organization. When it comes to hiring staff, there are a couple of things that you need to put into consideration during their recruitment for you to maintain them.
Suppose you do not want to go through the tedious recruitment process, you could outsource to leading PEO services to help you hire in Taiwan without a legal entity. This company will help with all your human resource functions as you expand operations.
Given how fast this country’s economy is growing, you need to spend wisely on employees’ salaries and other remuneration so that your staff helps you make a profit. You might even consider offering them job training courses that would help develop their professional skills. However, you also need to know that hiring employees who demand a lot of money does not mean that they will deliver. So, be wise!
Here are tips to help you hire staff in Taiwan:
1. Have a good budget
The notion that labor in Taiwan is cheap is misguided. In all honesty, you get what you pay for. If your goal is to spend the least on staff recruitment and hiring, you are also bound to get people who deliver low-quality services. When expanding your business, it ideal that you hire top talent so that your business thrives. Cheap labor is unreliable and ineffective and you are likely to spend a fortune fixing the mistakes they will conduct while working for you. For these reasons you need to have a look at the salary scales for employees in Taiwan so that you know how much you need to set aside. Given how fast this country’s economy is growing, you need to spend wisely on employees’ salaries and other remuneration so that your staff helps you make a profit. However, you also need to know that hiring employees who demand a lot of money does not mean that they will deliver. So, be wise!
2. Get help to recruit
Before hiring a staff member, you need to first ask yourself whether you would hire that person if it was in your home country. It is easy to get mesmerized by the people you meet first and you are also likely to form a strong bond with them. However, you need to realize that people have personal interests and you need to come first in this case. To avoid the stress of finding employees, you could consult a PEO in Taiwan to help you with the recruitment and management of your employees. When hiring top management officials, it is advisable to interview as many candidates as possible to find the right match.
3. Have trust in your Taiwan staff
Trust is two-way and is a critical component in any relationship be it social or business. When you find a good team to work with within Taiwan, the ideal thing to do is trust that their judgments are impeccable. A management team that knows their employer has faith in them is bound to work diligently and efficiently.
It is also advisable that you familiarize yourself with the Taiwanese culture to learn how to solve misunderstandings that may arise in your team. To maintain employees, you will need to have a management team comprised mostly of Taiwan nationals. To solve problems in the language and cultural issues that may arise in the workplace it is also recommended to hire professional translation services who will further build a bridge between the two cultures. Additionally, employees in the lower cadre are bound to trust you more when your company is headed by the locals.
4. Familiarize with the Taiwanese labor laws
One of the strategies that will help you keep your staff is the knowledge of the Taiwan Labor Standards Act (LSA). This act defines clearly how employees the provision for employees in Taiwan. It provides information on salaries, work-leave, and retirement, injury compensation, employee training as well as allowances and rest periods. This document also provides relevant information contracts which are essential when recruiting employees. When you are familiar with such provisions, rarely will you in conflict with your workers and they are less likely to go on strike.
5. Hire interns
Having interns in an organization has never hurt anyone. Apart from paying them a small fee, you have the potential to mentor them so that they conform to your company’s culture. Once you have mentored them and molded them to your liking, you can handpick those that impress you and hire them as your permanent staff.
When you have a good budget, are familiar with the Taiwan culture as well as the Taiwanese Labor Standards Act, it should not be difficult to find the right team to work with. In instances when you cannot recruit by yourself, you could always get help. The hiring process should not discourage you from recruiting employees.