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

Velocity Global

For instance, a junior graphic designer in New York City will likely require higher pay than a junior graphic designer in São Paulo because the cost of living is higher in New York City. How Do You Calculate Employee Cost of Living? Costs include items like food, housing, and healthcare.

Payroll 97
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Globalization Benefits and Challenges

Velocity Global

For example, globalization gives companies the opportunity to explore tech talent in booming markets such as Berlin or Stockholm, rather than Silicon Valley. Again, International PEO allows companies to compliantly employ workers overseas, without having to establish a legal entity , making global hiring easier than ever.

Payroll 119
article thumbnail

Globalization Benefits and Challenges

Velocity Global

For example, globalization gives companies the opportunity to explore tech talent in booming markets such as Berlin or Stockholm, rather than Silicon Valley. Again, International PEO allows companies to compliantly employ workers overseas, without having to establish a legal entity , making global hiring easier than ever.

Payroll 52