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The Complete Guide to Employee Cost: How to Calculate the Cost of an Employee

Velocity Global

Calculating actual employee cost is a critical factor for making sound financial decisions, no matter your company size or industry. For example, understanding the true cost of an employee allows your finance and HR teams to accurately budget for expansion into a new market. Table of Contents How Do You Calculate Employee Costs?

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Employee Benefits in India: A Guide to Statutory and Supplemental Benefits

Velocity Global

India is a leading country for hiring English-speaking remote workers. However, due to India’s complex employment laws, companies must understand statutory and supplemental employee benefits in India to remain compliant and competitive. What Are the Types of Employee Benefits in India?

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How to Employ Someone in Germany: A Guide to Hiring Remotely

Velocity Global

So how does employment in Germany work, and how do you employ German talent from another country? Employment in Germany 101. Employment in Germany is complex, and navigating the country’s tax structures is challenging without the right resources. Here are some fundamentals to know when hiring remote employees in Germany.

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Employee Benefits in Canada: A Guide to Mandatory and Common Benefits

Velocity Global

Companies seeking to expand their remote workforce into Canada must adhere to the country’s unique labor laws, which include providing mandatory employee benefits. What Benefits Do Canadian Employees Get? Mandatory benefits, also known as statutory benefits, are required by Canadian law. Life coverage.

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

Velocity Global

To gain a competitive edge in foreign markets and ensure seamless growth, companies must comply with local labor laws and consider cultural norms in every market where they hire talent. What Is Global Talent Acquisition? What Is Global Talent Acquisition? Anticipate roadblocks. Fill in the gaps. Implement and adapt.

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How to Pay an Independent Contractor in India: A Guide for Global Companies

Velocity Global

Naturally, global companies are seeking talent in India to work as remote contractors. Many employers also set up intellectual property (IP) protection to distinguish and secure their business. What Classifies an Independent Contractor in India? What to Do Before Paying Independent Contractors in India. Tax treatment.

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Pivoting To The Future – The Role of Indian Global Capability Centers

Zinnov

People did not know what India was like, or what value the country could drive for the world. People did not know what India was like, or what value the country could drive for the world. Then came the economic liberalization of the early 1990s, and the rest is history. Mn people, in over a hundred verticals.