Remove 2020 Remove Global Hiring Remove Jobbing Remove Service
article thumbnail

Webinar: COVID-19 Update—How to Keep Global Hiring Initiatives Running During Uncertain Times

Velocity Global

These obstacles make running global businesses challenging or nearly impossible, as millions of companies around the world shut down in an attempt to control the spread of the virus. However, for some companies, the outbreak has not stopped business entirely, and many of these firms need ways to keep their global hiring initiatives moving.

article thumbnail

How to Attract Today’s Top Talent: 5 Perks Employees Expect

Globalization Partners

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.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Upskilling Employees: A Complete Guide

Velocity Global

Reskilling describes a worker learning the skills necessary to take on an entirely different job. By upskilling their teams before changes occur, companies ensure there is no skills gap when employees retire, move to new internal positions, or take other jobs. It’s a full-service international expansion solution.

article thumbnail

How Global Remote Hiring Addresses New Zealand Tech Talent Woes

Globalization Partners

In fact, this trend reached its peak in March 2020 just before the pandemic hit, with a net migration of 91,000 people. This reduced inward migration means industries like manufacturing, agriculture, service, and tech, which depend on international talent, are currently finding it difficult to grow or even sustain their operations.

Payroll 52
article thumbnail

What Are Supplemental Benefits? Meaning, Examples, and Solutions for Global Employers

Velocity Global

For employers looking to hire talent, benefits play a significant role in today’s competitive global hiring landscape. To maintain equity across a company’s global workforce and ensure competitive coverage for their team, employers offer supplemental health insurance plans. Example: Employee Benefits in India.

article thumbnail

COVID 19: Going Global During Travel Bans and Immigration Restrictions

Velocity Global

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. The country allows only essential services sectors to continue operations, such as healthcare workers or transportation personnel.

article thumbnail

Globalization Benefits and Challenges

Velocity Global

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. Immigration Challenges and Local Job Loss.

Payroll 119