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How Remote Global Hiring Can Solve Germany’s Tech Talent Shortage

Globalization Partners

Consequently, this rise in labor costs is often passed onto the consumer via price hikes. So, with a seeming influx of laid-off tech workers globally, how can Germany-based companies tap into this sudden source of available talent? Learn more about hiring internationally with G-P by requesting a proposal today.

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Benefits and Challenges of Expanding to Canada

Globalization Partners

Of course, the cost of your business operations includes more than the taxes you pay annually. Labor costs, facility and utility costs, transportation fees, and the expenses associated with regulatory compliance all factor into your budget. Fortunately, in Canada, your overall costs in these areas can usually remain low.

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Global Talent Acquisition: Four Emerging Markets Your Company Should Target

Velocity Global

Over 80% of Ukraine’s prospective employees speak English, and US companies can hire these developers at competitive rates. These employer-friendly labor costs, combined with Ukraine’s surplus of talent, make the country an ideal market for companies looking to source overseas talent. Fintech: Lithuania.

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

Velocity Global

The following cost-of-living indices from Numbeo illustrate how much living costs vary by country (relative to New York City’s cost-of-living index of 100): Cost of Living + Rent Index by Country in 2023 2. If you want to build a distributed workforce, consider partnering with a global employer of record (EoR).

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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.

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Benefits and Challenges of Expanding to Hong Kong

Globalization Partners

Labor costs. Labor expenses in Hong Kong can add up in your company’s budget. Consider that the cost of living in Hong Kong is relatively high. Our comprehensive and AI-driven global employment platform ensures you can meet the challenges of expanding to Hong Kong with confidence.

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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.

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