Galaxy Payroll Group Offers Solutions for U.S. Employers Navigating H-1B Visa Fee Changes
TL;DR
Galaxy Payroll Group's EOR and stablecoin payroll services help companies bypass the $100,000 H-1B fee to maintain competitive global talent access at lower costs.
Galaxy Payroll Group uses Employer of Record services and stablecoin settlements to legally employ remote workers abroad while ensuring compliance with local regulations.
Galaxy's international payroll solutions enable companies to hire talent globally without visa barriers, promoting fair access to opportunities and distributed economic growth.
Galaxy Payroll Group now supports payroll in stablecoins, offering a transparent and efficient way to manage cross-border payments for remote teams.
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The recent Presidential Proclamation instituting a substantial one-time fee of US$100,000 for new H-1B visa holders entering the United States has created significant challenges for employers navigating the global talent market. This policy change, while aimed at incentivizing domestic hiring, accelerates the need for cost-effective and compliant international workforce solutions. Galaxy Payroll Group Limited (Nasdaq: GLXG) has positioned itself to help companies navigate these regulatory changes with specialized services designed to maintain access to global talent pools.
The new regulation significantly increases the cost and complexity of relocating international talent to the U.S., particularly affecting small and medium-sized enterprises and startups with limited budgets. In response, businesses are increasingly likely to adopt remote hiring models, engaging talent directly in their home countries rather than relocating them to the United States. This strategic shift drives demand for Employer of Record and international payroll outsourcing services, which allow companies to legally employ staff abroad without establishing local entities.
Galaxy Payroll Group has enhanced its service offerings by supporting payroll settlements in stablecoins, providing companies with a more efficient, transparent, and cost-effective solution for managing cross-border payroll. This innovative payment method helps reduce risks associated with currency fluctuations and streamlines international payroll processes, particularly beneficial for remote employees. The company's technological solutions are designed to simplify multi-jurisdiction payroll processing, tax calculations, and compliance reporting within its operational regions across the Asia-Pacific.
The policy changes present challenges for companies of all sizes, from SMEs to large multinational corporations that employ significant numbers of H-1B visa holders. Galaxy Payroll Group's comprehensive suite of services offers scalable solutions tailored to meet diverse business needs. By leveraging these services through their website at https://www.galaxyapac.com, companies can continue accessing skilled professionals globally while ensuring regulatory compliance. The company's expertise in payroll outsourcing and employment services across Hong Kong, Taiwan, Macau, and Mainland China positions it to help organizations adapt to the evolving global employment landscape.
As companies build more distributed teams in response to these regulatory changes, the need for streamlined cross-border payroll management becomes increasingly critical. Galaxy Payroll Group's integrated payroll technology addresses this growing necessity, providing businesses with the tools needed to manage dispersed teams effectively. The company's approach represents a strategic response to broader shifts in global workforce management, offering employers viable alternatives to traditional relocation models while maintaining compliance with international regulations.
Curated from NewMediaWire
