article thumbnail

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

Globalization Partners

Overall, more tech workers were made redundant than in 2020 and 2021 combined. So, with a seeming influx of laid-off tech workers globally, how can Germany-based companies tap into this sudden source of available talent? This international hiring option allows companies to tap into global talent pools and scale with confidence.

article thumbnail

HR Outsourcing Service Providers Rising to Meet New Demands for Digital Transformation

Avasant

This has led to a seven percent growth in HR outsourcing adoption between June 2020 and June 2021. These trends, and others, are covered in our new Global Hire-to-Retire Business Process Transformation 2021-22 RadarView. Platform adoption continues to be a key component in HR outsourcing deals.

professionals

Sign Up for our Newsletter

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

article thumbnail

Hiring Employees in China: 3 Options for Global Employers

Velocity Global

However, hiring employees in China poses many challenges for foreign companies. Some companies may decide to initiate their global hiring efforts by engaging contractors instead of hiring employees. However, according to employment law in China, it is illegal for foreign companies to hire contractors directly.

Payroll 98
article thumbnail

Benefits and Challenges of Expanding to Canada

Globalization Partners

As of 2021, the corporate tax rate in the United States is 21 percent and may rise to 28 percent shortly. Navigating regulations. Navigating regulations becomes even more complicated when you consider that each province has its own rules in addition to federal law. As of 2021, the minimum wages in British Columbia, at CA$15.20

article thumbnail

Stay Flexible: How to Hire Globally in a Post-Pandemic World

Velocity Global

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.

article thumbnail

3 Mistakes to Avoid When Hiring Tech Talent in India

Globalization Partners

In fact, in FY 2021-2022, India received its highest annual foreign direct investment (FDI) inflow of USD 83.57 In fact, according to the country’s regulations, up to half of the total salary package can be made up of additions to the base pay. The Valmiki Jayanti is observed in both locations, but not in Mumbai.

article thumbnail

Why the UK is Dominating Europe’s Fintech Market

Globalization Partners

What are the regulations for fintech? While this was the “Big Bang” moment for fintech, it evolved quickly in Europe due to supportive regulators recognizing its potential and impact early on and creating policies and frameworks to encourage its growth. Will a global recession bring down fintech?