BioMed Realty, which owns, acquires, develops, leases and manages laboratory and office space for tenants in core life science/biotech markets, has expanded into the rapidly growing UK market. Global operations expert Radius is providing expat assignment services and payroll and human resource support to streamline BioMed Realty’s overseas expansion.
“Placing US executives in the UK is challenging from our California corporate headquarters,” said Janice Kameir, senior vice president of human resources for BioMed Realty. “Radius worked closely with us to manage the new payroll and tax compliance processes in the UK, making our overseas launch effort successful.”
BioMed Realty operates Granta Park, a 120-acre estate in Cambridge, UK, that serves some of the world’s leading science and biotechnology companies. Radius offered guidance to BioMed Realty on payroll tax requirements and filings, and employment practices for their first expat employee. Radius also helped with establishing compensation packages and implementing a range of HR services for BioMed Realty’s first UK national employee.
“The healthcare, life sciences and biotech sectors are growing rapidly in the UK and the opportunity for BioMed Realty is significant,” said Stephen Chipman, CEO of Radius. “Granta Park is now a dynamic environment for scientific discovery, and we’re pleased they’ve placed their confidence in our team to help sustain their leadership on the ground there.”
Radius helps companies expand and win globally. Clients from startups to larger multinationalstake advantage of Radius’ international accounting, finance, banking, tax, HR, legal and compliance support to simplify their core operations, reduce their risk exposureandimprove the management and control of their overseas businesses.
Radius delivers support and expertisethrough managed services, advisory services and OverseasConnect, our integrated cloud-based software platform, to create solutions that meet the needs of over 650 clients operating in 110 countries around the world. Headquartered in Boston, MA, with offices in the UK, Brazil, China, India, Japan and Singapore, we are the global growth experts. For more information, please visit www.radiusworldwide.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161018005394/en/Business Wire
Last updated on: 18/10/2016
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