Velocity Global

MARCH 20, 2023

Since November 2020, hiring rates in the U.S. Global hiring lets you quickly acquire the talent you need to stay competitive. Inclusive global companies are: 1.8x Partner With an HR Expert Partnering with a global hiring expert gives your company a turnkey solution for onboarding, pay, benefits, and support.

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Velocity Global

AUGUST 10, 2020

Then, economic growth can resume and HR departments can return to their strategic plans, including global hiring. Growth strategies must now include safety protocols, real-time local knowledge, and contingency plans that account for immediate global shutdowns. As a result, businesses’ global hiring plans need to stay flexible.

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Globalization Partners

MARCH 25, 2022

In November 2020, ASEAN connected with five other major trade partners to create the Regional Comprehensive Economic Partnership (RCEP). The RCEP is the world’s top free trade pact, accounting for 30 percent of global GDP. percent in 2020. The EVTFA passed in 2020 and went into effect in August 2021.

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Velocity Global

JUNE 6, 2023

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?

Global Hiring 52

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Velocity Global

FEBRUARY 3, 2022

For example, a fintech company looking for an alternative to London’s highly competitive hiring landscape can turn to an emerging market like Lithuania. Not every global hiring method offers time and costs savings compared to upskilling programs. Hire the World’s Best Talent With Velocity Global.

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Globalization Partners

OCTOBER 7, 2022

In fact, this trend reached its peak in March 2020 just before the pandemic hit, with a net migration of 91,000 people. This had started to occur even before 2020 and has gained massive traction since then. The post How Global Remote Hiring Addresses New Zealand Tech Talent Woes appeared first on G-P.

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Globalization Partners

SEPTEMBER 30, 2022

In recent years, particularly since 2020, many companies have started leaning on perks and fringe benefits to retain workers. The pandemic’s global economic disruption caused many employers to shift their focus from salary increases to employee perks. Health and wellness are high on the priority list for global workers.

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Velocity Global

SEPTEMBER 30, 2020

In fact, 46% of tech companies that expand globally look to hire new employees, according to Velocity Global’s 2020 State of Global Expansion report. . With talent at a premium in major international markets, leading companies look to lesser-known markets to hire.

Marketing 52

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Velocity Global

JULY 9, 2021

in April of 2020, and the highest rate of turnover since 2000. . Internet searches for “online learning” increased by 400% over 2020, pointing to a workforce eagerly seeking new skills development. Meet Your Local and Global Hiring Needs With a Trusted Partner. According to new data from the U.S.

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Flexibility Jobbing Human Resources Global Hiring 52

Velocity Global

AUGUST 25, 2021

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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Jobbing Global Hiring Research Retail 52

Velocity Global

APRIL 30, 2020

In late March, Singapore, the world’s top market for growing tech firms, according to Velocity Global’s 2020 Global Expansion Tech Index , closed its borders to tourists and short-term visitors. Stay Home and Go Global.

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Government Global Hiring Flexibility Payroll 40

Velocity Global

APRIL 17, 2023

Especially during hard times, it’s critical that you hire the right people so you have the talent you need to weather the storm—and so you don’t have to suffer the cost of replacing team members in the middle of one. The Benefits of Hiring Remote Workers Since 2020, the world of work has dramatically changed.

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Out-Tasking Reduced Overhead Payroll Global Hiring 52

Globalization Partners

MAY 25, 2022

In today’s global business environment, worker classification is not the only tax consideration you will have to make. The rise of remote work and remote work visas has significantly increased the number of expats and digital nomads in the global hiring pool. Be prepared to adapt to new global tax requirements in a short period.

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Payroll Out-Tasking Government Global Hiring 52

Velocity Global

DECEMBER 16, 2022

For employers looking to hire talent, benefits play a significant role in today’s competitive global hiring landscape. In fact, identity theft and fraud reports rose 45% in 2020 and Allstate alone serves one-third of Fortune 500 companies for identity and privacy protection.

Insurance 52

Insurance Global Hiring Jobbing Regulations 52

Globalization Partners

JANUARY 7, 2022

A 2020 study from the Harvard Business Review found that knowledge workers spent 12 percent less time attending large meetings and 9 percent more time interacting with customers and external partners. You can easily build a team around the world with Globalization Partners’ global employment platform.

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Globalization Partners

SEPTEMBER 28, 2021

Canada currently ranks 10th globally in gross domestic product (GDP), with a GDP of about US$1.7 The Canadian economy’s growth rate has typically varied between 1 percent and 3 percent in the decade leading up to 2020. The post Benefits and Challenges of Expanding to Canada appeared first on Globalization Partners.

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Globalization Partners

JULY 5, 2022

The World Bank’s Doing Business 2020 survey placed Australia as 14th in ease of doing business and the seventh easiest country in which to start a business. The catastrophic bushfires and Covid-19 lockdowns of 2020 serve as examples. However, wildfires have increased in intensity in recent years, as seen in 2020.

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Redistribution Co-Sourcing Human Resources Banking 52

Globalization Partners

NOVEMBER 22, 2021

The gross domestic product (GPD) stood at about US$346 billion as of 2020. The Heritage Foundation’s Index of Economic Freedom cited Hong Kong as the world’s freest economy for more than two decades until replacing it with Singapore in 2020 and 2021. Robust, growing economy.

Banking 52

Banking Regulations Accounting Government 52

Velocity Global

OCTOBER 6, 2021

Again, International PEO allows companies to compliantly employ workers overseas, without having to establish a legal entity , making global hiring easier than ever. What are the Challenges of Globalization? While globalization offers many benefits, it’s not without challenges.

Payroll 119

Payroll Jobbing Marketing Labor Costs 119

Velocity Global

APRIL 26, 2023

Once considered too costly or inefficient, remote work has been on the rise since 2020. A 2022 report by Velocity Global found that of the 1,000 tech leaders from the U.S. Start Building Your Global Workforce Knowing how to attract employees is essential for staying ahead of the curve.

Co-Sourcing 52

Co-Sourcing Global Hiring Jobbing Flexibility 52

Globalization Partners

AUGUST 30, 2022

Between 2015 and 2020, the number of Europe-based startups soared from about 1,850 to almost 6,600, according to Statista. that around three-quarters of Africans will have access to the internet by 2030, compared to only 22 percent in 2020. According to KPMG , 2020 saw 65 venture capital investments worth USD 106 million.

E-Commerce 52

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Velocity Global

MARCH 30, 2020

Again, International PEO allows companies to compliantly employ workers overseas, without having to establish a legal entity , making global hiring easier than ever. What are the Challenges of Globalization? While globalization offers many benefits, it’s not without challenges.

Payroll 52

Payroll Jobbing Marketing Labor Costs 52

Velocity Global

NOVEMBER 12, 2020

Spurred by a dramatic increase in e-commerce while much of the world went into lockdown during the COVID-19 pandemic, Amazon’s workforce grew to one million in 2020. In 2019, Amazon employed just over 630,000 workers. Jeff Bezos founded Amazon in 1994, taking the company public just three years later.

Management 52

Management E-Commerce Retail Payroll 52

Velocity Global

MARCH 5, 2021

Nearly a year after countries worldwide implemented unprecedented social distancing mandates, it’s no secret that COVID-19 wreaked historic damage on global economies. in Q2 2020 , with a staggering 20.8 million people losing their jobs in April 2020 alone. At the end of 2020, economists predicted a 1.2% in January, a 0.4%

Retail 52

Retail Global Hiring Government Sales 52

Velocity Global

OCTOBER 23, 2020

Hire Foreign Workers Quickly and Compliantly. The DOL’s rule took effect on October 8, 2020, while the DHS will enforce its rule in two months. With International PEO, Velocity Global hires your overseas employees and becomes their legal Employer of Record.

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Global Hiring Regulations Payroll Administrative 52

Velocity Global

MARCH 31, 2021

contraction in 2020. . Working with an International PEO (Professional Employer Organization) speeds up global hiring and entry into these markets. Economists believe the country will see GDP growth of 4.9% this year—an improvement on the 3.7% growth the country has averaged since the mid-2000s, and a far cry from its 5.9%

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