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Hiring Employees in China: 3 Options for Global Employers

Velocity Global

China has the world’s largest economy. However, hiring employees in China poses many challenges for foreign companies. China has its own complex array of labor laws, and failing to comply with these laws can result in fees, back pay, or even the loss of your business license. How to Hire Employees in China.

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It Outsourcing In Vietnam: EOR, PEO/ GEO – Which Solution Is Best For Your Business?

Groove Technology

IT Outsourcing in Vietnam with Employer of Record (EOR). Employer of Record (EOR) is a service provider that employs workers on their payroll, but the workers are employed by other businesses. This is especially advantageous for foreign employers that wish to develop their businesses into Vietnam.

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China Labor Laws: A Complete Guide for Global Companies

Velocity Global

International companies seeking to hire talent in the People’s Republic of China must understand and abide by its labor laws. Employment law in China is complex, and maintaining compliance is an overwhelming undertaking for foreign companies that aren’t up to date on current legal and labor requirements in the country.

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The Complete Guide to 13th-Month Pay

Velocity Global

Hiring talent overseas means navigating employment laws unique to each market, which complicates businesses’ global expansion plans. Along with country-specific employment laws and payroll regulations, companies must factor in 13th-month pay. Which Countries Offer 13th-Month Pay? Table of Contents What Is 13th Month Pay?

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The Chinese Social Credit System: What To Know as a Business Owner

Velocity Global

China is a great choice for any business looking to expand its influence. The country’s rapidly growing economy and large number of opportunities make it so that many different businesses can thrive there. Before expanding, though, businesses need to learn the ins and outs of China’s social credit system (SCS). Key Takeaways: .

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Background Screening in China: Best practices

Neeyamo

Background screening is growing in popularity in China, which is one of the world’s fastest developing countries. Major growth is driven by manufacturing, agriculture and technology sector in China. Now, let’s look at specific practices typically followed in China to conduct the most common checks.

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Global Payroll Compliance: How to Avoid the Risks

Velocity Global

Employers who violate these regulations risk penalties that may hurt their bottom line and business reputation. Global payroll refers to the management of all payroll operations for employees in multiple countries. Employers who violate these payroll regulations may face fines and other legal consequences.

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