article thumbnail

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

Velocity Global

Developing a global presence is an excellent business tactic for companies of all sizes. Through global expansion, businesses can diversify their market, access a broader talent pool, and even cut business costs. When to Use a Global PEO Provider Global PEO providers benefit organizations of all sizes and sectors.

Payroll 97
article thumbnail

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. Office supplies.

Payroll 97
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top European Countries for Israeli Companies

Globalization Partners

Other prominent industries in Israel , including mining, diamond-cutting and polishing, finance, tourism, and transportation, don’t lend themselves as readily to international expansion, so many companies in these industries remain concentrated within Israel. These companies can still benefit from hiring internationally, however.

article thumbnail

How to Create a Global Compensation Strategy That Boosts Talent Retention

Velocity Global

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. Title VII of the Civil Rights Act of 1964.

Payroll 52
article thumbnail

IR35 Legislation: How It Works + Compliance Checklist

Velocity Global

Download our Expansion Checklist to prepare for your global hiring strategy. If the individual has the right to refuse work, they might be outside IR35. Medium- to large-sized companies. They can be paid by invoice with no taxes deducted and are responsible for managing their business’s taxes]. Potentially outside IR35.

Payroll 52