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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. It’s the employer’s duty to ensure the health and safety of their employees.

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Hiring Employees in China: 3 Options for Global Employers

Velocity Global

An employer of record (EoR) is a third-party organization that hires, pays, and manages your distributed workforce on behalf of your company. Also regarded as a Foreign Enterprise Service Company (FESCO) in China, an EoR allows you to attract top talent in China and expedite the onboarding process without setting up a legal entity.

Payroll 98
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How to Obtain an Iqama Residence Visa in Saudi Arabia

Velocity Global

The country offers ample opportunities for professionals to grow their careers and provides global companies with a large and diverse talent pool of highly skilled workers. Individuals who arrive in Saudi Arabia with a work permit must obtain an Iqama, or residence visa, which the KSA government uses to manage all expats in the country.

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Benefits and Challenges of Expanding to Canada

Globalization Partners

For this reason, you’ll likely find consumers for your company’s products and services. In 2019, the goods and services trade across that border totaled about US$718.4 Navigating regulations. Regulations also restrict international exports in some markets. Moreover, Canada’s economy is highly stable.

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7 Best Practices for Ensuring Compliant Global Recruitment

Globalization Partners

However, like many effective business strategies, global recruitment is not immune to challenges, especially when it comes to compliance with country-specific employment laws. As your partner in global growth, we want to support you in achieving your recruitment goals while adhering to international regulations and standards.

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Benefits and Challenges of Expanding to Hong Kong

Globalization Partners

Though Hong Kong is small geographically compared with many of its Asian neighbors, it boasts thriving industries such as financial services, tourism, medicine, education, and creative industries. Additionally, Hong Kong-based service providers across dozens of industries receive preferential treatment in providing services to the mainland.

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Why the UK is Dominating Europe’s Fintech Market

Globalization Partners

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. What are the regulations for fintech?