Acquisition addresses key challenges in bridging language, cultural barriers
Mountain View, Calif. (PRWEB) January 22, 2009 -- Albany has acquired Japan-based Strata Works KK, strengthening its position in the world's largest temporary workforce market.
Albany's expansion into Japan further strengthens its leadership position in global contingent workforce management, with offices in over 70 countries. Temporary employees and part-time workers make up more than 10 percent of the Japanese workforce.
"Strata Works KK provides Albany a strategic position within Japan's contingent labor market, which is closely regulated by Japanese labor law," said Harry Loh, regional director for Albany Asia-Pacific. "Their in-depth expertise enables us to more effectively serve our customers in Japan as well as the global market."
Strata Works KK was founded in 1995 as a business process and consulting company and licensed as a dispatch company in Japan. Japanese Workers Dispatch Law is designed to protect temporary workers, who enter into an employment contract with temporary staff firm and who work for and under the directions of another company. Dispatch law strives to provide temporary staff with stability, requiring strict observance by both the provider and recipient of the temporary worker. The legislation also prohibits temporary workers in the harbor transport, construction, security services and medical treatment industries.
Loh explained that Albany's purchase of Strata Works KK provides the company with the expertise in meeting the Dispatch Law requirements as well as the necessary licenses to operate in Japan. In addition, companies providing contingent labor in Japan face the challenges of language and cultural barriers, particularly if they are Western-based companies. Strata Works extends Albany’s reach and access to clients in the world's second-largest economy.
About Albany
Albany, payroll, management and compliance, Managed Service Provider programs, recruitment process management and consulting, compliance audits, and visa & migration services.
Contact:
Jason Posel
Senior Vice President
1-800-664-5508
Jason.Posel(at)thealbanygroup.com
www.thealbanygroup.com/usa
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.
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