article thumbnail

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

Globalization Partners

Over the past 18 months, the majority of global businesses had to adjust their working models to keep up in the era of remote work. With the popularization of collaborative technology solutions, flexible working has become more widely embraced. Global mobility has enabled this to some degree and will no doubt continue to do so.

Payroll 98
article thumbnail

What Is a Foreign Subsidiary? Pros & Cons for Global Companies

Velocity Global

Global hiring and expansion present exciting business opportunities. It also exposes businesses to compliance risks that may result in fines, lawsuits, and reputational damage. Engaging contractors comes with several benefits, like cost savings, staffing flexibility, and reduced exposure to lawsuits.

article thumbnail

What Is an International PEO? A Complete Guide for Global Employers

Velocity Global

Companies can hire top talent anywhere in the world quickly and easily when they partner with an international PEO. Convert International Contractors to Employees Companies often hire international contractors as a flexible and cost-effective way to accomplish short-term or long-term projects.

Payroll 97