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How Remote Global Hiring Can Solve Germany’s Tech Talent Shortage

Globalization Partners

The German Chambers of Industry and Commerce has also documented the severity in which certain engineering and data processing sectors are unable to fill over 60 percent of job vacancies. Overall, more tech workers were made redundant than in 2020 and 2021 combined. According to The Challenger Report , the U.S.

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Hire Your Dream Team: Strategies to Thrive During Economic Uncertainty

Velocity Global

The Great Resignation Continues Continuing the trend that started in 2021, employees across the world are still leaving their jobs in record numbers. workers are thinking about leaving their jobs in 2023, according to a LinkedIn survey conducted in December 2022. Since November 2020, hiring rates in the U.S. but only 5.7

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Future Proof: May Insights on HR and Workplace News

Velocity Global

That’s why we’re here to help you stay at the forefront of what’s new and next in HR, global hiring, business, and so much more. Topics This Month Artificial Intelligence (AI) Hiring Trends Compensation and Benefits Good News Artificial Intelligence (AI) Will artificial intelligence (AI) technology take my job?

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Two Updates to the H-1B Guest Worker Program Companies Need to Know

Velocity Global

companies to hire American workers rather than foreign job-seekers at lower wages. This article discusses details about the laws and how American companies can compliantly hire workers from other countries. Hire Foreign Workers Quickly and Compliantly. These new regulations create significant hurdles for U.S.-based

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Why Wages are Rising in the U.S.—and Four Ways Your Company Can Keep Up

Velocity Global

COVID-19 brought on historic unemployment in early 2020, with more than 20 million Americans losing their jobs in the first nine weeks of the pandemic. When the pandemic began in Q1 2020, many low-wage workers —such as those in restaurants, retail stores, hotels, and movie theaters—were the first to lose their jobs.

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Current Trends Shaping EMEA’s Tech Sector in 2022 and Beyond

Globalization Partners

Between 2015 and 2020, the number of Europe-based startups soared from about 1,850 to almost 6,600, according to Statista. This will see the government bring AI’s contribution to GDP to 5 percent and create 50,000 AI jobs by 2025. According to KPMG , 2020 saw 65 venture capital investments worth USD 106 million. percent of GDP.

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How to Manage Distributed Agile Teams

Globalization Partners

Working from home, a coffee shop, or wherever an employee feels most productive can significantly increase the efficiency of your team. Opting to build a geographically distributed team allows you to recruit talented people from around the globe, increasing your chances of finding the best people for the job. Lower overhead costs.