Global Upside, a Murray-based company that offers international expansion services, has launched an new company called Global PEO Services. The new business will offer services that help companies hire employees globally without having to set up a legal entity, payroll and benefits or manage related HR issues in the process.
Adam Sheffield, former vice president of global sales at ADP, has joined the newly launched company as president. He will be leading the strategy and sales for Global PEO, while Global Upside CEO Ragu Bhargava will serve as CEO of the new company as well.
“The timing for Global PEO services couldn’t be better, said Sheffield. “Companies are going global very early and the gig economy is mainstream now more than ever. As businesses move into new countries for talent, R&D or to sell, they need a light footprint to move fast. Waiting months for a subsidiary or legal entity to set up means you risk losing talent and the opportunity. With Global PEO Services, employers just plug into our global ecosystem and get employees up and running in just days. Everything from employment contracts, benefits, payroll to expense management is managed in full compliance with local laws.”
“I am thrilled that Adam is joining our team,” said Bhargava. “He shares our values and our focus on helping companies grow globally. Adam has a long and proven track record at ADP. He is a great leader and an innovator. I look forward to working together.”
Global Upside provides services in more than 90 countries and is rapidly adding new locations. The company has over 300 human resources, payroll and finance professionals at its Utah headquarters and offices in Silicon Valley, California; Hollywood, Florida; London, England; and India.