Globalization Partners

APRIL 27, 2023

Consequently, this rise in labor costs is often passed onto the consumer via price hikes. Germany struggles to match fellow EU members’ digital drive At the same time as this labor shortage, Germany is lagging behind in digitization. Overall, more tech workers were made redundant than in 2020 and 2021 combined.

Global Hiring 52

Global Hiring Payroll Government Labor Costs 52

Velocity Global

FEBRUARY 20, 2023

For example, understanding the true cost of an employee allows your finance and HR teams to accurately budget for expansion into a new market. Employee cost comprises several factors, such as employee salary, payroll taxes, supplemental benefits, and other expenses like company retreats and overhead.

Payroll 97

Payroll Insurance Right-Sizing Administrative 97

Velocity Global

OCTOBER 6, 2021

Even though globalization makes our lives better, it does bring some challenges as companies start to grow and expand across borders. Keep reading to learn more about the benefits and challenges of globalization, and how businesses navigate these difficulties to reach their global expansion goals. Access to New Markets.

Payroll 119

Payroll Jobbing Marketing Labor Costs 119

Velocity Global

MARCH 30, 2020

Even though globalization makes our lives better, it does bring some challenges as companies start to grow and expand across borders. Keep reading to learn more about the benefits and challenges of globalization, and how businesses navigate these difficulties to reach their global expansion goals. Access to New Markets.

Payroll 52

Payroll Jobbing Marketing Labor Costs 52