newsfilter
← Latest News
PR Newswire·

Global Hiring is Now Essential for 87% of U.S. SMBs, According to a New Report from Multiplier

  • A shortage of AI-skilled talent & tightening U.S. immigration policies are forcing SMBs to rethink hiring strategies.
  • 87% of U.S.-based SMBs now view global hiring as a necessity rather than a strategic advantage.
  • 60% of respondents state that AI demand is accelerating the need for expertise not currently available in-house.
  • 76% of SMBs report that H-1B visa restrictions are directly impacting workforce planning & driving a shift to remote-first hiring.
  • Only 21% of SMBs proactively manage cross-border compliance, while nearly 25% frequently struggle to meet regulatory requirements.
  • 82% of SMBs say they have failed or expect to fail at onboarding global hires due to compliance, tax, or regulatory hurdles.
  • Record-high H-1B costs & growing backlogs have made traditional domestic sponsorship unviable for over three-quarters of SMBs.
  • Multiplier's platform usage by U.S. businesses has grown 16.4% since April 2024 as companies opt to hire internationally instead of relocating workers.
  • The report highlights that SMBs lack the infrastructure to manage the complexity of global employment laws despite the need to access international talent pools.