article thumbnail

Global Talent Acquisition: How to Find and Hire the World’s Brightest Talent

Velocity Global

However, global businesses can follow several basic guidelines to ensure they meet their individual goals. Create a Strategic Workforce Plan Creating a strategic workforce plan is an essential part of global expansion. Establish a Foreign Legal Entity Entity establishment is the traditional route for global hiring and expansion.

article thumbnail

Engaging a Global Talent Pool: A Comprehensive Look at the Future of Remote Work

Globalization Partners

As a global employment platform, our comprehensive AI-driven technology enables us to handle the logistical labor of team building. Download our global hiring eBook today, or take a tour of our platform to explore its features and benefits. Many were limited to just payroll processing, accounting, and tax services.

Payroll 98
professionals

Sign Up for our Newsletter

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

article thumbnail

Benefits and Challenges of Expanding to Australia

Globalization Partners

According to the International Monetary Fund (IMF), Australia’s economy is the 12th largest in the world , accounting for 1.6 percent of the global economy. Globalization Partners is a trusted leader in the global workforce industry, with a 98 percent customer satisfaction rate and teams in 187 countries.

article thumbnail

Why Companies That Hire Remotely Come Out Ahead

Velocity Global

For instance, hiring remote workers across time zones means you have teammates available to respond to urgent tasks or client needs throughout the entire 24-hour cycle. It’s essential to be consistent and proactive when communicating with remote teams so everyone stays aligned.

article thumbnail

How to Create a Global Compensation Strategy That Boosts Talent Retention

Velocity Global

Despite the benefits of global hiring and expansion, international companies face several challenges when building a distributed workforce. One key pain point is attracting and retaining top global talent in a competitive hiring environment.

Payroll 52
article thumbnail

How Four of the World’s Largest Employers Manage Their International Workforces

Velocity Global

While Walmart maintains a centralized company HR strategy, the company empowers its regional HR directors to customize their approach to account for local differences—from cultural and religious expectations to local labor laws. Buffett holds his workforce accountable to general guidelines rather than strict expectations. “We