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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.

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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. To help answer this complex question, here are five examples of the highest-ranking perks among global employees. Remote work and flexibility . Pet insurance. The evolution of employee perks.

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Is It Time To Turn Your Foreign Independent Contractors Into Full-Time Employees? Three Ways to Find Out

Velocity Global

Independent contractors must register for statutory social insurances, while full-time employees receive benefits and insurance from their employers. If you decide to shift your supported employees into a new market to test its profitability, International PEO offers the flexibility to make the switch easily.

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Advantages and Disadvantages of Using an Umbrella Company

Globalization Partners

They are not employees of the companies they work for, so they are not placed on companies’ payrolls and do not receive benefits. In some countries, benefits packages may also include health insurance policies and pension schemes. Contractors offer their services temporarily to various clients. Benefits for companies.

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How Can Your Company Overcome the Challenges of Global Mobility?

Globalization Partners

Why is global mobility important for your company? According to coaching company Better Up, global mobility provides three significant benefits : Increased creativity and flexibility. For example, in some countries, health insurance is a required benefit, while in others, it’s not. Higher retention rates.

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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. In order to ensure compliance, you’ll have to find a local payroll provider, accountants, lawyers, and HR advisors.