It is an exciting but challenging time to be in the tech industry in Europe. Europe’s tech industry continues to grow, and there are lots of investment opportunities. Tech is transforming countless industries, including retail, insurance, transportation, and healthcare, among others.
Despite all of this growth, the challenges of running a tech company in Europe include an increased need for complex cybersecurity standards and stringent regulatory compliance.
Human Resources tasks demand a significant amount of financial and personnel resources, as well as a lot of time. When you manage a tech business in Europe, you have to make sure that all of your employee policies, operations, data management, and hiring policies are aligned perfectly with national and regional laws.
Outsourcing your HR department to a third-party provider is one of the best decisions you can make for the health and growth of your business. Whether you choose to outsource your entire department or just a handful of HR tasks, you benefit from:
- Being fully compliant with European labor laws
- Losing less time to researching and understanding the complexities of HR
- A team on hand who can handle HR tasks quickly and effectively
- Financial savings from not having to hire and retain an entire HR department of your own
Special HR Considerations in Europe’s Technology Sector
Because the technology industry has unique HR needs, tech companies in Europe need to be intentional in their selection of an HR provider. You only want to choose a company that has the experience and knowledge required to make your own organization run more smoothly and efficiently.
Recruiting Top-Tier Industry Talent
One of the most important roles your HR team plays is recruitment. Tech companies need to find and recruit engineers, developers, data scientists, researchers, and other highly skilled professionals. The candidates for these roles are highly sought after, and it is not easy to bring someone of this caliber on board.
Your HR team needs to be able to find, recruit, onboard, and retain these highly qualified individuals through competitive compensation, engaging work, opportunities for development, and a strong work culture.
Managing Remote, Hybrid, and Distributed Teams
Even though many companies have required their employees to return to the office after a few years of post-pandemic policies, there are still millions of remote jobs in Europe. Some countries are especially friendly to remote work arrangements.
Tech companies have always led the way in remote work opportunities, and that continues to be the case to this day. Your HR department needs to confidently handle the tasks associated with managing remote, hybrid, and distributed teams. Distance workers have special needs, and the EU has issued new laws pertinent to the management of remote employees.
Facilitating Visas, Employee Sponsorship, and Immigration
Technology companies often need to recruit from an international talent pool. This means managing visas, sponsorships, and immigration policies for your employees.
Your HR team will be able to manage the logistics and compliance issues related to these valuable employees.
How to Outsource Your European Tech Company’s HR
At Europe HR Solutions, we believe that it doesn’t work to force every company into a “one-size-fits-all” approach to human resources. That’s why we don’t require our clients to adhere to the same contract as all of our other clients.
Instead, we encourage you to choose the outsourcing solution that best meets your needs:
- Hiring a third-party HR company that steps in to run every HR-related task or process for you
- Hiring an in-house HR team to handle some tasks, but outsourcing other responsibilities to an experienced third-party contractor
- Bringing in an experienced HR team in a consulting role or to complete major projects on an as-needed basis
In the tech sector, there are benefits to each of these options! We are happy to discuss them with you in detail to help you determine which strategy is best for your business.
HR for Start-up Tech Companies
For a brand-new company, your new HR team can:
- Write a thorough employee handbook with culturally aligned and fully compliant employee policies
- Conduct an HR audit, thus determining the best path to compliance with the laws of the country or countries where you operate
- Identify and select the best HR software for your needs, as smaller companies often have different software needs than large ones
- Recruit, hire, and onboard your first European employees
Once your operations are established, Europe HR Solutions can take on as many additional tasks as you need us to. Our customizable contracts are adjusted to your company’s specifications.
Benefits of Outsourcing HR for Technology Companies
When you outsource HR functions, your leadership team can devote more time to strategic priorities instead of employee relations and regulatory compliance. Leveraging an expert HR provider offers technology firms many upsides!
Reduced Costs
Outsourcing reduces HR headcount and the related overhead costs of salaries, training, benefits and maintaining compliance. This yields significant cost savings immediately, and these continue to add up over time.
Specialized Capabilities
Seasoned HR partners have expertise in the distinct regulations and people needs of the tech industry. This includes privacy laws, recruiting technical talent, supporting agile development, and training for emerging technologies.
Agility & Flexibility
HR outsourcing can scale up or down to match the evolving requirements of a dynamic technology business. At Europe HR Solutions, you only pay for the specific services and support your company needs.
Risk Reduction
Knowledgeable providers help technology companies adhere to complex and changing data protection, employment and other laws. This mitigates compliance violations and fines that come from experience and mistakes.
Sharper Focus
Relieving your company’s leadership of their HR obligations enables everyone to develop a sharper focus on driving innovation, enhancing products, and expanding strategically.
In an industry with unique HR demands, outsourcing provides technology firms expert capabilities while reducing costs and risk.
Outsourceable HR Tasks for Technology Companies
This list of HR tasks that can be outsourced is a great starting point to understanding what you can expect from hiring an HR company like Europe HR Solutions. Although it’s not a comprehensive list of everything your outsourced HR company can do for you, it offers a strong overview of many of your options.
If you have a specific project in mind that is not included here, please reach out to us and let us know so that we can help you find a solution.
Employee Recruiting & Talent Acquisition
Hiring the right employees is mandatory if you want to run a successful tech firm in Europe.
- Source qualified candidates for specialized tech openings
- Leverage familiarity with local job markets to find great talent
- Communicate in multiple languages to attract global candidates
Employee Onboarding & Offboarding
Effective onboarding helps your new hires get set up right away, without HR-related delays. Offboarding in Europe must follow certain regulatory standards.
- Develop streamlined processes for bringing on new hires
- Supply onboarding documents required by European regulations
- Adhere to mandatory offboarding procedures per EU laws
Employee Engagement & Retention
High employee turnover is a red flag that something isn’t going well at your company. Your HR team can ensure that your employees are engaged and involved, reducing the costs associated with high attrition rates.
- Foster a workplace environment aligned with cultural values
- Recognize the reasons employees choose to leave
- Decrease employee turnover
- Create customized retention plans for employees in Europe
- Introduce engagement programs to increase job satisfaction
Employee Relations & Conflict Resolution
HR is one of the first places that employees turn when there is an unresolvable conflict in the workplace. An experienced HR representative will know how to navigate the complexities of intra-office conflict.
- Consider cultural contexts in workplace disputes
- Resolve interpersonal issues between employees through mediation
- Address employee complaints and grievances
HR Compliance & Legal Support
You can turn to your outsourced HR team to keep you fully compliant with Europe’s complex labor laws, and to provide you with legal support when you have questions.
- Mitigate legal risks by ensuring compliance with EU employment laws
- Prepare legally compliant work contracts
- Offer guidance on legal matters
HR Consulting
HR Consulting is an essential service for companies operating in Europe, especially if they are start-ups, expansions from the US or the UK, or in a period of growth.
- Provide guidance on business cultures in countries of operation
- Equip in-house HR with useful data, information, and metrics
- Display expertise in HR advisory services
Reporting & Analytics
Data-informed decisions are always going to have better outcomes than decisions based on guesses and assumptions. HR reporting and analytics provides you with the insights you need to make informed decisions for your business.
- Present insights into the workforce to inform decisions
- Make recommendations based on HR data analysis
- Prepare custom HR reports for the European technology sector
HR Technology & Systems
You are an expert in the type of technology related to your industry, but that doesn’t mean you need to also develop an expertise in HR technology, software, and systems. Let your HR team take care of that.
- Select HR systems for the company
- Help implement new HR software
- Ensure systems follow data protection laws
Payroll Processing & Benefits Administration
When you bring an expert HR firm onboard, you get to say goodbye to the days of trying to process payroll on time, without any mistakes. We’ll take care of that for you.
- Guarantee timely payroll processing per regulations
- Oversee benefits enrollment
- Connect with local benefits providers
- Ensure payroll compliance with complex European tax laws
Employee Performance Management
Employee performance management is about creating measurable objectives for employee performance and then creating clear paths toward improvement.
- Define clear objectives for excellence
- Deliver feedback and training to improve performance
- Develop appraisal systems fitting company and country cultures
Training & Development
Companies that prioritize professional development and training opportunities for their employees see more success than those who don’t.
- Detect training gaps and address with development plans
- Create programs to build employee skills
- Implement training for effective international collaboration
Customize Your Tech Firm’s HR Needs with Europe HR Solutions
At Europe HR Solutions, our multilingual HR experts understand the unique needs of European and global companies, including within the growing technology sector.
Our team delivers an integrated link between your executive team and staff. We effectively hire, develop and support your talent while guaranteeing adherence to employment laws across your locations.
Whether we are facilitating agile development, managing your remote teams, or recruiting hard-to-find global talent, we allow you to focus on running your business while we meet the demands of today’s technology workforce.
We invite you to read about our track record of successful partnerships including those in technology and beyond.
Choosing to work with Europe HR Solutions means choosing to hire a dedicated team of HR professionals with a deep wealth of knowledge about the international business landscape. Contact Europe HR Solutions to learn more about how we can help your technology firm grow in Europe.
