Being a business leader before the pandemic was hard enough but it’s become even harder, hasn’t it?
Remote work has become commonplace in our American business environment. As a result, we have become better at managing the remote process. However, we haven’t figured out how to optimize that process yet.
As social entrepreneurs, our team wanted to solve the optimization problem and help make the world a better place in the process. We wanted to create a way for businesspeople to save money and make more money at the same time leveraging their remote staffing creating new jobs in the process.
That’s when the idea of geographic arbitrage lit up the sky for us. You know, the process of simultaneously buying and selling in different markets to benefit from the price difference.
We have travelled around the world and met some amazing talent in majority world countries. They are well educated, industrious and experienced English speakers. At the same time, their hourly compensation levels are significantly lower than ours while their unemployment is drastically higher.
Thriving Wage Theory
We wondered if we could develop a job creation model that solves both problems without disadvantaging anyone. As it turned out, we could.
We wanted to help break the poverty cycle in these other countries if we could and that meant lifting the living wage to what is called a “thriving wage.” That is, a wage that allows these workers to earn enough money to save a little or help their families or even think about a pilgrimage.
Many businesspeople would love to lower their costs and make more money but are concerned about making the investment necessary for a new hire. That’s where we come in.
We discovered a proven business model that connects American businesspeople to vetted highly-talented workers around the globe in an incredibly cost-effective way. At the same time, creating opportunities for these workers to improve their lives, support their families and help their local economies.
In the process, Hire and Best adopted an extremely favorable pricing structure for everyone involved where most of the hourly rate charged goes directly to the workers after some small administration and marketing expenses. By contracting one of these remote workers, businesspeople are helping themselves and changing lives at the same time.
Hire and Best believes we can supplement our American workforce with workers from less advantaged majority world countries to help lift all boats and the trickle effect could be a stronger economy meaning more American jobs.
It’s win-win-win for everyone involved. Can it get any better than that? If you have any questions, comments or concerns, or if we can help you in any way, please let us know.
We look forward to working with you. Get started now.
About Our Founder
For over 25 years, Marc Stein has been a C-Suite entrepreneur developing leaders, growing organizations and consistently exceeding expectations.
Over nine of those years was in a new Human Resource outsourcing industry called Staff Leasing and later renamed to Professional Employer Organizations. Marc and his partners built their industry model PEO that they sold to Kelly Services, a multi-billion dollar industry leader where he served as Vice President and Corporate Officer.
He’s led many organizations through dynamic growth, competitive disruption and transformational change by combining outcome-based strategic planning, focused leadership and innovative resource management necessary for achieving desired objectives in start-up, growth and well-established profit and not-for-profit environments.
Marc help found Hire and Best to help business owners, leaders and professionals thrive through the COVID pandemic and simultaneously help eradicate poverty through remote job creation around the world.