Global Hiring, Insurance and Payroll

Expat Employee Benefits: Considerations for Global Employers

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.

Payroll

Payroll Global Hiring Insurance Healthcare

The Complete Guide to Employee Cost: How to Calculate the Cost of an Employee

Velocity Global

FEBRUARY 20, 2023

Employee cost comprises several factors, such as employee salary, payroll taxes, supplemental benefits, and other expenses like company retreats and overhead. The costs include gross salary, payroll taxes, and additional expenses like supplemental benefits.

Payroll

Payroll Insurance Right-Sizing Administrative

Global Compliance: How to Stay Compliant When Hiring Internationally

Velocity Global

JUNE 28, 2022

One major concern for companies expanding internationally is conducting payroll overseas. Incorrect payroll contributions or late payments lead to penalties and fines as well as reputation damage in the foreign market. An overlooked aspect of global compliance is the international tax concept of permanent establishment.

Payroll

Payroll Regulations Global Hiring Research

How to Create a Global Compensation Strategy That Boosts Talent Retention

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

Payroll Insurance Administrative Right-Sizing

How to Attract Today’s Top Talent: 5 Perks Employees Expect

Globalization Partners

SEPTEMBER 30, 2022

A perk can be anything from private health insurance to stipends for home office equipment or extra time off. Pet insurance. Many employees are working from home for long periods of time, and adopting new pets to provide companionship, so companies can take advantage of the circumstances and offer pet insurance as an additional perk.

Insurance

Insurance Flexibility Jobbing Global Hiring

Boost Global Workforce Retention By Overcoming These Five Challenges

Velocity Global

APRIL 27, 2021

Challenge #4: Delivering International Payroll Services. Making errors when delivering payroll for international employees is all too easy for HR teams. Furthermore, HR leaders with teams in more than one market must spend extra time learning various payroll interfaces and meeting the requirements of multiple foreign banks. .

Payroll

Payroll Right-Sizing Jobbing Out-Tasking

Benefits and Challenges of Expanding to Canada

Globalization Partners

SEPTEMBER 28, 2021

Many employers provide supplemental health insurance in addition to the free provincial health insurance Canadians receive. Peace of mind: Your company gains the peace of mind of knowing its hiring and payroll tax practices are compliant. Labor expenses in Canada extend beyond employees’ wages and salaries.

Regulations

Regulations Insurance Sales Marketing

Is It Time To Turn Your Foreign Independent Contractors Into Full-Time Employees? Three Ways to Find Out

Velocity Global

SEPTEMBER 10, 2020

Independent contractors must register for statutory social insurances, while full-time employees receive benefits and insurance from their employers. Independent contractors are paid fees specified in their independent contractor agreements, while employees receive salaries. Enter International PEO.

Insurance

Insurance Payroll Out-Tasking Marketing

How to Create an Independent Contractor Agreement

Globalization Partners

APRIL 28, 2022

Payroll taxes. When you hire employees, you add them to your company’s payroll. You issue their paychecks on a regular schedule through your payroll department. When you do, you withhold payroll taxes from their wages, so they receive a net pay that is less than their overall gross pay.

Payroll

Payroll Insurance Jobbing Healthcare

IR35 Legislation: How It Works + Compliance Checklist

Velocity Global

OCTOBER 28, 2022

IR35 legislation, also known as intermediaries’ legislation or “off-payroll working rules,” is designed to close the “deemed employment” tax loophole when firms hire contractors to fulfill the roles of employees. Contractors pay income taxes and national insurance contributions (NICs). The contractor does not use a PSC.

Payroll

Payroll Regulations Right-Sizing Global Hiring

Advantages and Disadvantages of Using an Umbrella Company

Globalization Partners

OCTOBER 5, 2021

They are not employees of the companies they work for, so they are not placed on companies’ payrolls and do not receive benefits. In some countries, benefits packages may also include health insurance policies and pension schemes. Contractors offer their services temporarily to various clients. Benefits for companies.

Payroll

Payroll Government Design Out-Tasking

How Can Your Company Overcome the Challenges of Global Mobility?

Globalization Partners

AUGUST 23, 2022

For example, in some countries, health insurance is a required benefit, while in others, it’s not. Compliance : Labor, tax, and payroll laws vary by country and are constantly evolving. Hire legal, tax, and finance experts in every country. Employee wages and benefits :?Each The same is true of wages. Meet capital requirements.

Regulations

Regulations Global Hiring Payroll Insurance

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

Globalization Partners

AUGUST 30, 2022

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. The post Current Trends Shaping EMEA’s Tech Sector in 2022 and Beyond appeared first on Globalization Partners.

E-Commerce

E-Commerce Banking Payroll Insurance

How Four of the World’s Largest Employers Manage Their International Workforces

Velocity Global

NOVEMBER 12, 2020

Today, the company sells vehicles in 153 countries worldwide while providing financial services related to auto insurance, banking, fleet management, and more. That’s why smaller companies looking to grow internationally benefit from partnering with a global expansion expert.

Management

Management E-Commerce Retail Payroll

Debunking the Top 5 Myths About International Hiring

Globalization Partners

APRIL 27, 2023

During their interactive talk on expanding businesses through global hiring, Suzanne McVey and David O’Reilly asked their audience what was the first thing that came to mind when considering international hiring. In order to ensure compliance, you’ll have to find a local payroll provider, accountants, lawyers, and HR advisors.

Global Hiring

Global Hiring Payroll Insurance Accounting

Global Sourcing Brief

Expat Employee Benefits: Considerations for Global Employers

The Complete Guide to Employee Cost: How to Calculate the Cost of an Employee

Trending Sources

Global Compliance: How to Stay Compliant When Hiring Internationally

How to Create a Global Compensation Strategy That Boosts Talent Retention

How to Attract Today’s Top Talent: 5 Perks Employees Expect

Boost Global Workforce Retention By Overcoming These Five Challenges

Benefits and Challenges of Expanding to Canada

Is It Time To Turn Your Foreign Independent Contractors Into Full-Time Employees? Three Ways to Find Out

How to Create an Independent Contractor Agreement

IR35 Legislation: How It Works + Compliance Checklist

Advantages and Disadvantages of Using an Umbrella Company

How Can Your Company Overcome the Challenges of Global Mobility?

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

How Four of the World’s Largest Employers Manage Their International Workforces

Debunking the Top 5 Myths About International Hiring

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