Globalization Partners

APRIL 27, 2023

Consequently, this rise in labor costs is often passed onto the consumer via price hikes. Similarly, the German government plans to develop a national AI strategy by 2025 , aiming to convert the country into the world’s leading AI location. Overall, more tech workers were made redundant than in 2020 and 2021 combined.

Global Hiring 52

Global Hiring Payroll Government Labor Costs 52

Globalization Partners

SEPTEMBER 28, 2021

Of course, the cost of your business operations includes more than the taxes you pay annually. Labor costs, facility and utility costs, transportation fees, and the expenses associated with regulatory compliance all factor into your budget. Fortunately, in Canada, your overall costs in these areas can usually remain low.

Regulations 98

Regulations Insurance Sales Marketing 98

Globalization Partners

NOVEMBER 22, 2021

Hong Kong’s trade freedoms, monetary freedoms, low taxes, minimal tariffs, and limited government interference in business matters all contributed to its position at the top of the list. When you are ready to scale your business in Hong Kong, you’ll need to spend time learning the rules for hiring and paying workers.

Banking 52

Banking Regulations Accounting Government 52