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

Velocity Global

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.

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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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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
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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 52
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Benefits and Challenges of Expanding to Hong Kong

Globalization Partners

For instance, companies must submit annual audited financial statements to the Inland Revenue Department and pay both corporate and payroll taxes. 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.

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