Remove Global Hiring Remove Insurance Remove Jobbing Remove Regulations
article thumbnail

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.

Payroll 97
article thumbnail

What Are Supplemental Benefits? Meaning, Examples, and Solutions for Global Employers

Velocity Global

For employers looking to hire talent, benefits play a significant role in today’s competitive global hiring landscape. Supplemental benefits are additional benefits an employer provides to enhance the worker’s medical, retirement, and insurance coverage. Supplemental Health Insurance.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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? How Covid-19 impacted fintech.

article thumbnail

How to Create an Independent Contractor Agreement

Globalization Partners

Contractor agreements are important because they define the company-contractor relationship and lay out the expectations for the job. For instance, if your country has a strong state healthcare program, you may not have a legal obligation to offer your employees health insurance. Contractors do not receive these benefits.

Payroll 95
article thumbnail

How Can Your Company Overcome the Challenges of Global Mobility?

Globalization Partners

The remote work era has made it possible for professionals to do their jobs from anywhere in the world, leading many to choose to relocate. A sound global business strategy now involves one that compliantly allows your team members to work from new locations across the globe. Why is global mobility important for your company?

article thumbnail

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

Velocity Global

Financial Crisis Inquiry Commission determined multiple causes for the Great Recession, including: A general lack of financial oversight by regulating bodies. million jobs were lost during the Great Recession, 20 million jobs were lost in the first nine weeks of the current recession. Consider the following: While 8.6

article thumbnail

Current Trends Shaping EMEA’s Tech Sector in 2022 and Beyond

Globalization Partners

The uniform and high-speed digitization has had an instantaneous effect on various sectors, such as healthcare, insurance, education, retail, and food delivery, making us rely on core and fringe technologies more than ever. This will see the government bring AI’s contribution to GDP to 5 percent and create 50,000 AI jobs by 2025.