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Global Hiring Options for International Businesses

Velocity Global

When looking to establish your business in a new market, you may ask yourself: how do I begin to hire internationally? With a variety of options including international recruitment managers, global hiring companies, and more, it turns out there isn’t a one-size fit all solution. What is Global Hiring?

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10 Global Talent Acquisition Trends for 2023

Globalization Partners

Whether you’re testing new markets or scaling your workforce, international hiring can be an exciting yet challenging venture, even for experienced businesses. However, researching cultural nuances, leveraging effective tech tools, and implementing best practices will help streamline the global talent acquisition process.

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What Is an International PEO? A Complete Guide for Global Employers

Velocity Global

Developing a global presence is an excellent business tactic for companies of all sizes. Through global expansion, businesses can diversify their market, access a broader talent pool, and even cut business costs. Below are some key benefits companies experience when partnering with an international PEO: Fast market entry.

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5 Common Misconceptions About International PEO—And Why It’s the Right Expansion Solution For You

Velocity Global

However, SaaS companies, specifically in the legal software industry, face unique challenges overseas—like legal and compliance hurdles, IP (intellectual property) protection, data storage laws, and market-specific employment laws. Easily exit any market, if needed, without additional teardown fees or time commitments. billion by 2024.

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

Velocity Global

Calculating actual employee cost is a critical factor for making sound financial decisions, no matter your company size or industry. For example, understanding the true cost of an employee allows your finance and HR teams to accurately budget for expansion into a new market.

Payroll 97
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Global Talent Acquisition: How to Find and Hire the World’s Brightest Talent

Velocity Global

However, recruiting challenges are inevitable for managers and HR teams when hiring across international borders. To gain a competitive edge in foreign markets and ensure seamless growth, companies must comply with local labor laws and consider cultural norms in every market where they hire talent.

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How to Create a Global Compensation Strategy That Boosts Talent Retention

Velocity Global

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. Otherwise, a company couldn’t hire employees from large metropolitan areas.

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