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Remote Work, Global Hiring Drive Explosive Growth in ‘Employer of Record’ Partnerships—Everest Group

Everest Group

DALLAS, February 21, 2023 — Everest Group research suggests that 71% of organizations want to improve their geographical footprint; however, global expansion can be a complex and lengthy process, with organizations needing to navigate new legal systems, regulations, taxes, cultures, languages and more.

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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.

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Upskilling Employees: A Complete Guide

Velocity Global

Optimize the talent acquisition process: In today’s fiercely competitive hiring landscape, HR teams spend months sourcing, screening, and onboarding the right talent for their needs. While the pandemic has tightened the global labor market, it has also ushered in a new era of remote work—and changed the international hiring landscape.

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Top ASEAN Countries for Companies Based in the Netherlands

Globalization Partners

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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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.

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Benefits and Challenges of Expanding to Australia

Globalization Partners

Its top sectors are mining, agriculture, and services, and critical areas of potential growth include renewable energy, technologies, and health and aged care. 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.

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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. Global Expansion Difficulties.

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