Velocity Global

DECEMBER 22, 2022

Hiring contractors overseas has many benefits and offers more flexibility in global expansion. Employers can engage contractors for specialized projects, save time and money that would otherwise go toward hiring full-time employees, and test a new workforce in an international market. residency and avoid double taxation.

Payroll 98

Payroll Insurance Regulations Jobbing 98

Everest Group

AUGUST 9, 2023

With its high-quality talent, state-of-the-art infrastructure for delivering advanced technological services, and strong government support, Hyderabad has ascended as a top global services destination. But does Hyderabad have what it takes to surpass Bangalore as the foremost global services destination in the future?

Pharmaceuticals 52

Pharmaceuticals Service Robotics Process Automation Government 52

Velocity Global

MARCH 16, 2023

The Philippines is a top market for global expansion and hiring remote talent. If noncompliant, employers may face financial and legal penalties. Learn about mandatory employer contributions, payroll administration options, and how to avoid the risks of noncompliance. for employers and 4.5%

Payroll 98

Payroll Insurance Administrative Finance 98

Velocity Global

SEPTEMBER 24, 2022

As one of the most advanced countries in the world, France is an alluring region to expand into for many global companies. But hiring employees in France requires a thorough understanding of French employment laws and payroll requirements to ensure compliance and avoid troublesome complications. Partner With an Employer of Record.

Payroll 93

Payroll Research Regulations Management 93

Velocity Global

JANUARY 13, 2023

While global expansion has many advantages, entering a new market requires a deep understanding of complex labor laws. If you are considering hiring employees in Germany, it’s important to know the critical role German works councils play in employer/employee relations. What Is a Works Council in Germany?

Right-Sizing 105

Right-Sizing Payroll Marketing Management 105

Velocity Global

MAY 19, 2023

Building a global company starts with sourcing top international talent. What Is Global Talent Acquisition? Global talent acquisition refers to an organization’s strategy for hiring talent in multiple countries while scaling business operations across borders. Assess Cultural Differences and Values More than 75% of U.S.

Right-Sizing 52

Right-Sizing Human Resources Payroll Administrative 52

Velocity Global

APRIL 11, 2023

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. What Is Global Compensation? We discuss each of these in detail below.

Payroll 52

Payroll Insurance Administrative Right-Sizing 52

Velocity Global

OCTOBER 13, 2022

While each nonprofit’s mission varies, expansion is often a shared goal. Nonprofits typically expand globally to share their message and extend their impact to as many people as possible. As nonprofits grow on a global level and look to hire employees in other countries , they must consider important factors to expand compliantly.

Payroll 52

Payroll Regulations Flexibility Reduced Costs 52

Velocity Global

SEPTEMBER 13, 2022

Spain offers promising opportunities for global expansion. If you’re looking to hire workers in Spain, there are several methods to do so while legally following Spain’s employment laws and payroll regulations. Therefore, it’s important to understand the employment differences and compliance risks while targeting Spanish talent.

Payroll 52

Payroll Regulations Flexibility Manufacturing 52

Velocity Global

JANUARY 20, 2023

Malaysia’s strategic trade location and highly educated workforce make it an attractive option for many businesses eyeing expansion into this region. However, business expansion into Malaysia requires due diligence. Foreign employers can choose from four incorporated and two unincorporated structures.

Payroll 52

Payroll Insurance Administrative Human Resources 52

Velocity Global

MARCH 7, 2023

Global hiring and expansion present exciting business opportunities. In this guide, we outline the pros and cons of establishing a foreign subsidiary as part of a global business strategy and suggest flexible alternatives for international hiring and expansion. Table of Contents What Is a Foreign Subsidiary?

Government 52

Government Global Hiring Flexibility Payroll 52

Velocity Global

OCTOBER 4, 2022

Germany has also been named the fourth most innovative country in the world, and is a promising market for tech firms considering global expansion, according to Velocity Global’s Global Expansion Tech Index. So how does employment in Germany work, and how do you employ German talent from another country?

Payroll 52

Payroll Insurance Regulations Banking 52

Velocity Global

APRIL 21, 2023

Global mobility is an organizational trend that has become a key factor for international companies’ success. However, facilitating global workforce mobility involves navigating complex immigration, employment, and tax laws across multiple jurisdictions—all of which pose significant compliance risks.

Payroll 52

Payroll Finance Flexibility Sourcing 52

Velocity Global

NOVEMBER 16, 2022

However, hiring employees in Singapore can be difficult for global employers who must navigate challenges like complicated tax laws and strict immigration policies. This guide outlines everything employers should know as they prepare to expand into Singapore. Partner With an Employer of Record in Singapore.

Banking 52

Banking Regulations Payroll Out-Tasking 52

Velocity Global

AUGUST 18, 2022

When it comes to global expansion, having a streamlined and compliant HR process is key to success. While an employer of record (EoR) partner will help address these needs for you and your distributed workforce, selecting the right partner is easier said than done. What Is an Employer of Record?

Right-Sizing 52

Right-Sizing Payroll Out-Tasking Regulations 52

Velocity Global

OCTOBER 12, 2022

Companies can either establish a legal entity, partner with an employer of record, or hire and pay staff as contractors. Companies can either establish a legal entity, partner with an employer of record, or hire and pay staff as contractors. Partner With an Employer of Record. companies that expand globally.

Payroll 59

Payroll Jobbing Design Marketing 59

Velocity Global

FEBRUARY 20, 2023

For example, understanding the true cost of an employee allows your finance and HR teams to accurately budget for expansion into a new market. Employers must also understand the variables that impact employee cost, like location and market conditions. Table of Contents How Do You Calculate Employee Costs?

Payroll 97

Payroll Insurance Right-Sizing Administrative 97

Velocity Global

MAY 9, 2023

With the current economic landscape continuing to upend our expectations and cause disruptions in virtually every industry, going global is becoming more and more necessary. The need to rapidly respond to changing global conditions, expand your organization’s reach, and stay innovative means you need to hire the best.

Payroll 52

Payroll Administrative Marketing Management 52

Velocity Global

FEBRUARY 17, 2023

The United States is an opportunistic location for foreign companies to explore new markets, target specialized talent, and expand their global presence. As one of the world’s largest economies, a top global trader, and home to a vast, well-educated workforce, the U.S. employment laws differ from other countries, but each U.S.

Payroll 52

Payroll Insurance Regulations Jobbing 52

Velocity Global

SEPTEMBER 1, 2022

Rather than setting up a legal entity, companies can either engage contractors with the help of a contractor management solution or partner with an employer of record to hire employees and avoid the risk of noncompliance. Partner With an Employer of Record. How Does an Employer of Record Work?

Payroll 52

Payroll Regulations Management Human Resources 52

Safeguard Global

JANUARY 30, 2020

For many organizations, the “why” of international expansion is pretty clear-cut: to access a wider customer base or talent pool, further a mission, or acquire another company. But it doesn’t have to be difficult—thanks to an employer of record. How does an employer of record work? It’s the “how” that’s a struggle.

Payroll 52

Payroll Insurance Administrative Banking 52

Velocity Global

SEPTEMBER 20, 2022

This guide outlines ways for paying international employees while maintaining compliance with local employment and payroll laws. Second, a company can use a global Employer of Record (EoR). Partner With an Employer of Record. What Is the Total Cost of Employment for International Employees?

Payroll 52

Payroll Insurance Out-Tasking Manufacturing 52

Globalization Partners

DECEMBER 21, 2022

The G-P leadership team weighs in on global hiring trends, HR tech and what’s important to employees in 2023. They provided insights on everything from employee culture to technology trends, to potential economic and market obstacles and of course their perspective on what next in terms of global hiring.

Global Hiring 52

Global Hiring Flexibility Payroll Out-Tasking 52

Velocity Global

OCTOBER 27, 2022

The country’s long-standing trade partnerships with European, Middle Eastern, South American, and North African markets provide several benefits for business expansion into Spain, including reciprocal protection and promotion of foreign investments, avoidance of double taxation, and relaxed business regulations. businesses.

Payroll 52

Payroll Jobbing Banking Regulations 52

Velocity Global

DECEMBER 15, 2022

Business expansion into the Dutch market has many benefits, such as simplified bureaucracy, tax breaks, and regularly evolving public policy. However, hiring employees in the Netherlands entails setting up a legal entity and complying with local employment laws, which is overwhelming to manage on your own. Payroll in the Netherlands.

Payroll 52

Payroll Insurance Administrative Regulations 52

Zinnov

FEBRUARY 8, 2024

This arrangement may resemble traditional outsourcing, but with a crucial distinction: unlike outsourcing, which can occur within the same country, an ODC is inherently international, capitalizing on global talent pools to optimize operations and innovate beyond borders. What are Offshore Development Centers (ODCs) ?

Offshoring 52

Offshoring Regulations Outsourcing Software 52

Safeguard Global

APRIL 13, 2020

There are a number of ways to set up an international entity, but the end goal is always the same―to facilitate global expansion. This type of office gives your company a foothold in the country, allowing you to do research and begin to explore the possibility of further expansion. What is an international entity?

Government 52

Government Banking Marketing Administrative 52

Safeguard Global

APRIL 19, 2019

If global expansion is on your radar, then you’ve likely come across something called international PEO as a potential avenue for adding employees in new locations around the world. Often, when people or providers use the terms “international PEO” or “global PEO,” they’re trying to tie a familiar concept in the U.S.,

Payroll 52

Payroll Outsourcing Administrative Regulations 52

Safeguard Global

JULY 20, 2020

Global business expansion is on the rise, with an estimated $7 trillion to $9 trillion in global trade being attributed to multinationals. This tax concept is known as permanent establishment, and by extension, it’s a scenario that comes with what global trade specialists call “permanent establishment risk.”

Services Contracting 52

Services Contracting Government Global Hiring Design 52

Velocity Global

NOVEMBER 23, 2022

While global employers are required by law to contribute to Canada’s national healthcare and pension system, it is standard practice for employers to offer supplemental medical and retirement benefits. Employment insurance. These plans are mandatory for all employers. Pension contributions. Survivor insurance.

Insurance 52

Insurance Healthcare Payroll Regulations 52

Velocity Global

JUNE 2, 2023

Global expansion empowers companies to take advantage of various growth opportunities, such as access to new markets, lucrative tax incentives, and engaging a larger talent pool. Plus, learn how partnering with a global expert eliminates compliance risks when hiring internationally.

Payroll 52

Payroll Retail Marketing Human Resources 52

Velocity Global

OCTOBER 30, 2020

” According to the Labour Market Report , Singapore experienced its sharpest employment rate decline on record in the second quarter of 2020 as employee retrenchment doubled. .” Change 2: Tightening Employment Pass and Fair Consideration Framework Standards.

Labor Costs 52

Labor Costs Jobbing Government Finance 52

Groove Technology

FEBRUARY 8, 2022

When it comes down to it, outsourcing has become a full-fledged business strategy because of its two primary advantages: cost-effectiveness and access to global talent. The global pandemic caught humanity off guard, creating worldwide chaos and halting nearly all activity—from work and school to entertainment and communication.

IT Outsourcing 130

IT Outsourcing Outsourcing Cybersecurity Offshoring 130

IBM Services

OCTOBER 9, 2023

According to a global study from the IBM Institute for Business Value (IBV) , surveyed executives estimate that 40% of their workforce will need to reskill as a result of implementing AI and automation over the next three years. This shift is viewed as an expansion of job possibilities.

Human Resources 74

Human Resources Automation Jobbing Cybersecurity 74

Velocity Global

OCTOBER 20, 2022

The demand for international contractors is growing as companies look to target talent with specialized skills and tap into new foreign markets for global expansion. Mexico is a desirable location to find contractors for several reasons. companies to engage contractors. companies to engage contractors. Contractor Payment Platform.

Banking 52

Banking Regulations Payroll Accounting 52

Velocity Global

AUGUST 24, 2022

Companies can target international contractors with specialized skills, save onboarding time and money that would otherwise go toward hiring employees and test out new foreign markets for global expansion. This guide will help you learn how to hire overseas contractors and pay them compliantly. Correctly Classify the Contractor.

Regulations 52

Regulations Management Flexibility Sourcing 52

Mercans

FEBRUARY 23, 2023

A Guide to SaaS Technology and Outsourcing Tradeoffs Steve Goldberg Global HCM & HR Tech Advisor The What, Why and How of Organizational Agility Let’s start with a practical definition of organizational agility and highlight a few surrounding concepts.

Payroll 75

Payroll Outsourcing Robotics Process Automation Software 75