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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. and overseas.

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. 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. Get in touch.

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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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Advantages and Disadvantages of Using an Umbrella Company

Globalization Partners

Contractors offer their services temporarily to various clients. In a survey by the Freelancer and Contractor Services Association (FSCA) in the UK, 76 percent of the hundreds of freelancers and contractors who responded reported having no access to paid leave of any kind. Benefits for companies. Disadvantages of umbrella companies.

Payroll 96
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Learning from the Great Recession: Two Strategies That Can Help Businesses Rise Above COVID-19

Velocity Global

The number of unemployment-insurance claims eclipsed the total number of claims submitted during the 18 months of the Great Recession. As a result, companies that engage in global expansion are primed to not only endure today but flourish tomorrow. International PEO helps you maximize ROI when expanding globally. While the U.S.

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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. Amazon offers a wide range of services, from online retail and digital streaming to artificial intelligence and cloud solutions.