Velocity Global

NOVEMBER 12, 2020

This post examines the global workforce management practices of four of the world’s largest employers: Walmart, Amazon, Volkswagen, and Berkshire Hathaway. The company implemented a digital tool that helps managers and employees set goals and track progress in real-time. “We

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Velocity Global

MAY 19, 2023

Building a global company starts with sourcing top international talent. However, recruiting challenges are inevitable for managers and HR teams when hiring across international borders. Establish a Foreign Legal Entity Entity establishment is the traditional route for global hiring and expansion.

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Velocity Global

APRIL 7, 2023

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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Velocity Global

NOVEMBER 29, 2022

An employer of record (EoR) is a third-party organization that hires, pays, and manages your distributed workforce on behalf of your company. Some companies may decide to initiate their global hiring efforts by engaging contractors instead of hiring employees. Partner With an Employer of Record in China.

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Velocity Global

OCTOBER 6, 2021

Similarly, another report from BCG found that more diverse management teams reported innovation revenue that was 19 percentage points higher than other companies — diverse companies reported 45% innovation revenue compared to the usual 26%. Training Management. Another way to hire diverse is to go global.

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Velocity Global

MAY 23, 2023

Simplify talent support with a partner that manages onboarding, payroll, benefits, and compliance on your behalf. Still, companies must carefully vet and choose their global PEO partner wisely to ensure reliability, transparency, and success. Don’t let the logistics of managing a global workforce get in the way.

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Velocity Global

APRIL 26, 2023

In the face of such challenges, it can feel almost impossible for employers or hiring managers to stay looped into emerging trends, let alone remain innovative for long. Branding and identity More than ever, hiring managers are competing to attract the talent they want.

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Globalization Partners

OCTOBER 14, 2022

Hiring talent regardless of geographic location creates a wider network of options for finding the right people for your company. So what are the steps and strategies to ensure you hire only the best talent for your remote teams? Time management. How do you feel about getting feedback from your manager in a remote setting?

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Globalization Partners

AUGUST 25, 2021

Requires additional training for managers to better support and lead a virtual team. In fact, according to a recent CFO global survey , 81 percent of polled CFOs said the pandemic has transformed how they consider remote employees and the work-from-anywhere model. Possible loss of company culture due to a virtual setup.

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Velocity Global

JULY 9, 2021

The Society for Human Resource Management reports that the vast majority of employers offer common benefits including paid vacation (98%) and 401(k) plans (93%). Meet Your Local and Global Hiring Needs With a Trusted Partner. Velocity Global helps companies compliantly engage and manage talent across all 50 U.S.

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Globalization Partners

JULY 5, 2022

Partnerships: Two or more parties own and manage the company. For example, although awards cover both employers and employees, certain managers and higher-paid workers may not be eligible for coverage even if an award applies to their industry. This system can be confusing due to its scale, as over 100 awards exist.

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Velocity Global

MAY 23, 2023

This gives your employees the freedom to schedule their workday around school drop-offs or dentist appointments, stretch their legs when they need to, or even manage symptoms of an illness. Managing your team based on their learning and communication styles can produce the same results.

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Velocity Global

APRIL 17, 2023

For instance, hiring remote workers across time zones means you have teammates available to respond to urgent tasks or client needs throughout the entire 24-hour cycle. Make sure to provide training and resources explaining how to use the messaging apps, task management software, and video conferencing platforms that your company favors.

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Velocity Global

JUNE 12, 2023

Only two in 10 employees say their performance is managed in a way that motivates them to do outstanding work. Implement consistent performance review solutions When you oversee many employees spread across the world, it might seem easy to defer to individual managers for how they’d like to track, manage, and evaluate their talent.

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Velocity Global

DECEMBER 16, 2022

For employers looking to hire talent, benefits play a significant role in today’s competitive global hiring landscape. Statutory benefits vary depending on each country’s specific laws, but they often include publicly managed medical insurance, pension, and time off. Finding a reputable partner in a foreign country.

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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. Otherwise, a company couldn’t hire employees from large metropolitan areas.

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Velocity Global

OCTOBER 28, 2022

They can be paid by invoice with no taxes deducted and are responsible for managing their business’s taxes]. Download our Expansion Checklist to prepare for your global hiring strategy. If a contract is outside IR35 : The contractor is considered self-employed and operates as their own business. Looking to expand into the U.K.?

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Velocity Global

FEBRUARY 20, 2023

If you want to build a distributed workforce, consider partnering with a global employer of record (EoR). An EoR simplifies the entire process of global hiring by handling onboarding, compliance, payroll, and benefits administration, so you can easily build and manage teams across borders.

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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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