Velocity Global

MAY 25, 2023

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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Velocity Global

APRIL 11, 2023

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. Direct compensation refers to things like salaries and bonuses.

Payroll 52

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Globalization Partners

SEPTEMBER 28, 2021

The federal government also plans to introduce legislation that would set the federal minimum at CA$15 per hour and allow it to rise with inflation. Many employers provide supplemental health insurance in addition to the free provincial health insurance Canadians receive.

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Globalization Partners

OCTOBER 24, 2022

Gore explained the ensuing domino effect: Many people left their banking, investment trading, and insurance jobs to start their own companies to address the inefficiencies they experienced while working in the banking and broader financial services sector. How Covid-19 impacted fintech.

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Velocity Global

OCTOBER 25, 2022

As you go back to the drawing board, you can’t help but wonder why your target hire chose another employer. But one factor that HR teams often overlook is global employee benefits. Some global employee benefits, such as medical plans and life insurance, offer peace of mind to talent and their dependents should the worst occur.

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Globalization Partners

APRIL 28, 2022

For instance, if your country has a strong state healthcare program, you may not have a legal obligation to offer your employees health insurance. They often include health insurance and paid holidays, vacation days, sick leave, and maternity or paternity leave. Tax obligations when you’re hiring independent contractors.

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Globalization Partners

OCTOBER 5, 2021

By becoming an employee of an umbrella company, workers can forgo the responsibility of handling their own wages and government contributions and can receive benefits like paid leave. In some countries, benefits packages may also include health insurance policies and pension schemes. Benefits for companies.

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