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Hiring Employees in France: A Guide for Global Businesses

Velocity Global

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.

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How France is Leading the Race for European Unicorns

Globalization Partners

January 2022 saw France create their 25th unicorn. Overall, it was a record-breaking fundraising year for the sector. The country’s steep climb up the unicorn ladder is even more impressive when one considers they only possessed three unicorns five years ago. Is France a tech hub? billion in funds in 2021.

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

Velocity Global

International PEO (professional employer organization) is a global employment solution that enables companies to hire supported employees anywhere in the world quickly, compliantly, and without the burden of establishing a foreign legal entity. Developing a global presence is an excellent business tactic for companies of all sizes.

Payroll 97
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Should You Grow Your France-Based Company Internationally?

Globalization Partners

You might have chosen France as your company’s base because it’s your home country, or you were attracted to incentives offered by the government, such as the France 2030 recovery plan or support schemes that lower taxes and labor costs from 33 percent to 25 percent.

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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?

Payroll 98
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How to Handle Early Termination of a Fixed-Term Contract

Velocity Global

He sued his employer for the cost of his salary and benefits for the remainder of his contract. In Howard’s case, a lack of specific language within the employment contract left the employer liable for repercussions. When working in multiple countries, it is important to ensure the language in a termination clause is exact.

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How to Pay International Employees: A Guide for U.S. Employers

Velocity Global

business into a new country are complex; including adhering to local laws and navigating a new culture. 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). How Does a U.S.

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