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Expat Employee Benefits: Considerations for Global Employers

Velocity Global

Plus, as global hiring becomes more competitive, comprehensive compensation is essential for attracting top talent. Below are four reasons global companies should administer competitive compensation and supplemental benefits to their expatriate talent.

Payroll 97
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How to Attract Today’s Top Talent: 5 Perks Employees Expect

Globalization Partners

A perk can be anything from private health insurance to stipends for home office equipment or extra time off. Seventy-two percent of employees would be more satisfied with their jobs if they were offered better perks. To help answer this complex question, here are five examples of the highest-ranking perks among global employees.

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How Can Your Company Overcome the Challenges of Global Mobility?

Globalization Partners

The remote work era has made it possible for professionals to do their jobs from anywhere in the world, leading many to choose to relocate. A sound global business strategy now involves one that compliantly allows your team members to work from new locations across the globe. Why is global mobility important for your company?

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Learning from the Great Recession: Two Strategies That Can Help Businesses Rise Above COVID-19

Velocity Global

million jobs were lost during the Great Recession, 20 million jobs were lost in the first nine weeks of the current recession. The number of unemployment-insurance claims eclipsed the total number of claims submitted during the 18 months of the Great Recession. Consider the following: While 8.6

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Advantages and Disadvantages of Using an Umbrella Company

Globalization Partners

In some countries, benefits packages may also include health insurance policies and pension schemes. Some downsides to working with umbrella companies include the following: Limits workers to temporary jobs: Compared to being self-employed as an independent contractor, working under an umbrella company may feel like a step up for workers.

Payroll 96
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How Four of the World’s Largest Employers Manage Their International Workforces

Velocity Global

This approach helps Walmart deliver consistency across the world while providing local HR leaders the flexibility to accommodate their workers’ unique needs. Today, the company sells vehicles in 153 countries worldwide while providing financial services related to auto insurance, banking, fleet management, and more.

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Debunking the Top 5 Myths About International Hiring

Globalization Partners

During their interactive talk on expanding businesses through global hiring, Suzanne McVey and David O’Reilly asked their audience what was the first thing that came to mind when considering international hiring. With this in mind, let’s take a closer look at the top five myths of global hiring.