Velocity Global

MAY 25, 2023

Why Expat Benefits and Compensation Matter When a business expands internationally, it often relocates employees to another country to set up a new branch, investigate the local market, or establish a business in the country. Plus, as global hiring becomes more competitive, comprehensive compensation is essential for attracting top talent.

Payroll 97

Payroll Global Hiring Insurance Healthcare 97

Globalization Partners

OCTOBER 24, 2022

Coinciding with the UK’s strong grip on the fintech sector, G-P’s research in 2022 identified that 1 in 3 companies are focusing their expansion efforts on the UK market. There were essentially three outcomes for the fintech market due to the pandemic. The Covid pandemic positively impacted the fintech sector.

Marketing 40

Marketing Banking Regulations Insurance 40

Velocity Global

OCTOBER 13, 2022

The report evaluated 15 EoR solution providers on their vision, capability, and market impact, taking into account client references as well as an ongoing analysis of the EoR market. To enhance the employee experience, the employee self-service interface and dashboard are mobile-enabled. Exceptional service.

Global Hiring 111

Global Hiring Payroll Customer Support Marketing 111

Velocity Global

MAY 23, 2023

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. PEOs simply provide HR services for companies in their headquartered location. Cost savings.

Payroll 97

Payroll Administrative Right-Sizing Marketing 97

Velocity Global

FEBRUARY 3, 2022

These companies broaden their talent pools by hiring in foreign markets. While the pandemic has tightened the global labor market, it has also ushered in a new era of remote work—and changed the international hiring landscape. It’s a full-service international expansion solution.

Global Hiring 52

Global Hiring Jobbing Out-Tasking Cybersecurity 52

Globalization Partners

DECEMBER 21, 2022

The G-P leadership team weighs in on global hiring trends, HR tech and what’s important to employees in 2023. They provided insights on everything from employee culture to technology trends, to potential economic and market obstacles and of course their perspective on what next in terms of global hiring.

Global Hiring 52

Global Hiring Flexibility Payroll Out-Tasking 52

Velocity Global

OCTOBER 26, 2020

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.

Global Hiring 52

Global Hiring Right-Sizing Regulations Payroll 52

Velocity Global

NOVEMBER 29, 2022

Such incredible economic growth offers multiple benefits for business expansion into the Chinese market. However, hiring employees in China poses many challenges for foreign companies. This guide outlines everything you need to know about compliantly hiring employees in China and conducting business in this market.

Payroll 98

Payroll Out-Tasking Regulations Global Hiring 98

Velocity Global

APRIL 5, 2023

Ongoing agent activity abroad directly linked to product and service sales, such as contract signing or negotiation, increases your permanent establishment risk. Partnering with an EoR also eliminates the need to establish legal entities to remove the risk of permanent establishment in markets where you conduct business.

Global Hiring 98

Global Hiring Sales Payroll Marketing 98

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

JUNE 28, 2022

Follow this useful guide to develop global compliance protocols in any country. Growing international companies use contractors to expand quickly and test market viability. By researching the local labor laws of a new market, you can navigate the classification process with ease. Classify Your Workers Correctly. In the U.S.,

Payroll 75

Payroll Regulations Global Hiring Research 75

Globalization Partners

JUNE 7, 2022

Employers are doubling down their efforts to bolster digital transformation initiatives to respond to the ever-changing business landscape and adapt to today’s talent market. Companies from the electric vehicle (EV) battery market to the semiconductor industry are competing for skilled talent. Is it like a performance bonus?

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Engineering Payroll Government Information Technology 98

Globalization Partners

NOVEMBER 17, 2023

G-P’s Innovative Solutions to HR Challenges “Global EoR solutions are quintessential when organizations seek to quickly expand in new markets without having to incur the upfront cost of setting up a legal entity and hiring people to perform HR and other administrative activities. and/or its affiliates in the U.S.

Advisory 52

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Velocity Global

MARCH 7, 2023

Global hiring and expansion present exciting business opportunities. One of the most common strategies for entering a foreign market is establishing a foreign subsidiary. Access to New Markets and Talent Establishing a foreign subsidiary creates opportunities for increased revenue that may not be possible in your home market.

Government 52

Government Global Hiring Flexibility Payroll 52

Velocity Global

OCTOBER 26, 2020

From hiring top talent and staying compliant with local regulations, to intellectual property (IP) protection and global mergers and acquisitions (M&A), international expansion is complicated and difficult to navigate on your own. Easily exit any market, if needed, without additional teardown fees or time commitments.

Cybersecurity 40

Cybersecurity Global Hiring Right-Sizing Regulations 40

Globalization Partners

AUGUST 25, 2021

Acquirement of talent that specializes in local business development to drive business on the ground in new markets. TMS helps companies hire senior HR, global mobility, tax, and immigration talent across its global network of offices. Establishing a presence in international markets, the smart way. It was a U.S.-based

Payroll 98

Payroll Flexibility Out-Tasking Global Hiring 98

Globalization Partners

AUGUST 15, 2022

Global hiring can be complex, especially if companies are unprepared. Organizations need to comply with detailed legislation and learn the inner workings of international job markets. By using a global employment platform, they can easily access all the resources and expertise required to support their global growth.

Payroll 40

Payroll Regulations Global Hiring Marketing 40

Globalization Partners

SEPTEMBER 28, 2021

For this reason, you’ll likely find consumers for your company’s products and services. Aside from its own bountiful markets, it offers access to large markets in both the U.S. In 2019, the goods and services trade across that border totaled about US$718.4 Lucrative and diverse markets.

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Globalization Partners

MARCH 30, 2022

When you want to try out a streaming service or a fitness app, free trials give you the opportunity to test the product before you make a purchase, but you would probably avoid partnering with an accountant or lawyer who offers “free” services. The same should go for your global partners. Bad customer service.

Payroll 98

Payroll Customer Service Global Hiring Service 98

Globalization Partners

MARCH 25, 2022

Here’s what you need to know about this growing region and how it can help your company establish a new foothold in the global market. Solid economic agreements and market developments have shifted Southeast Asia’s position into one prime for growth. Market size. The Philippines. Key industries. percent in 2020.

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Research Banking Marketing Global Hiring 98

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. Employers must also understand the variables that impact employee cost, like location and market conditions. Below, we list variables that impact employee cost in different markets worldwide.

Payroll 97

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Zinnov

MARCH 21, 2024

The last two years saw unprecedented churn in the global talent landscape. From the Great Resignation or the Great Reshuffle in the year 2022 to the global hiring freezes and big layoffs in 2023 – talent leaders are struggling to adapt to these seismic shifts. They must headline talent strategy for next-gen relevance.

Flexibility 52

Flexibility Analytics Cybersecurity Global Hiring 52

Globalization Partners

OCTOBER 7, 2022

percent , providing further evidence of a tight labor market. While this measure is promising for the country’s tech companies, it won’t be enough to provide an immediate solution to the pressures on the labor market created by the border restrictions, mass turnovers, and lockdowns of the Covid pandemic. But how should it be done?

Payroll 52

Payroll Flexibility Global Hiring Manufacturing 52

NoonDalton

SEPTEMBER 20, 2023

As such, understanding the nuances and benefits of each workforce model—be it Staff Leasing, Managed Services, or EOR (Employer of Record)—becomes crucial. Managed Services: Delving Deep Managed services refer to a comprehensive approach where an organization outsources certain tasks or functions to a specialized third-party company.

Administrative 52

Administrative Out-Tasking Payroll Managed Services 52

Velocity Global

AUGUST 21, 2020

IBM, for example, generated two-thirds of its total revenue through international markets at the time of the recession. Thanks to its global presence – specifically in countries like China, India, Vietnam, and the Philippines – IBM offset business losses in other markets to emerge from the financial crisis less battered than its competitors.

Reduced Costs 52

Reduced Costs Marketing Global Hiring Flexibility 52

Velocity Global

JULY 17, 2020

While some nonprofits only need to operate on a local scale, other organizations want to expand their message and extend help globally. Taking a nonprofit into countries outside of your current service area requires thorough planning. Stay Flexible So You Can Easily Exit a Market If Necessary.

Regulations 52

Regulations Reduced Costs Flexibility Global Hiring 52

Globalization Partners

NOVEMBER 4, 2022

As 2022 winds down and companies continue to source remote candidates from global locations – digital recruitment, also known as digital HR, has never been more vital to the sourcing of skilled talent and ensuring they have a pleasant hiring experience.

Human Resources 52

Human Resources Sourcing Global Hiring Out-Tasking 52

Globalization Partners

AUGUST 30, 2022

For instance, Europe is home to only 13 percent of the world’s tech unicorns , which are startups that have a market valuation of over USD 1 billion. Before buckling to increased competition, the continent once led the mobile phone market through Finland’s Nokia and saw Estonia’s Skype dominate the video-messaging market.

E-Commerce 52

E-Commerce Banking Payroll Insurance 52

Velocity Global

MARCH 31, 2021

Furthermore, Prime Minister Boris Johnson entrusted vaccine distribution to the state-funded National Health Service rather than individual contractors or private companies. How to Streamline Entry Into Prosperous Markets. Velocity Global’s experts provide unparalleled International PEO and EOR services for companies of every size.

Administrative 59

Administrative Healthcare Pharmaceuticals Government 59

Globalization Partners

AUGUST 23, 2022

While perhaps one of the standout benefits of supporting global employee relocation is that it helps retain your world-class talent, it is also a strategic way to test new international markets. If your product or service does particularly well in the new country, you may decide to grow a team there. Meet capital requirements.

Regulations 52

Regulations Global Hiring Payroll Insurance 52

Velocity Global

APRIL 30, 2020

The COVID-19 pandemic creates unprecedented barriers for businesses navigating global markets. Visa freezes and a potential ban of immigration into the United States make it impossible for companies to hire foreign workers and legally relocate them to the U.S. Stay Home and Go Global. for work.

Government 40

Government Global Hiring Flexibility Payroll 40

Safeguard Global

JULY 20, 2020

Permanent establishment risk applies when a company begins marketing goods and services within a country’s borders and derives revenue from that commercial activity. Speak with a global solutions advisor today to learn more about GEO and discover whether the employer of record service is the right move for your organization.

Services Contracting 52

Services Contracting Government Global Hiring Design 52

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

Globalization Partners

NOVEMBER 22, 2021

It scores high in several rankings of the best economies for business, offering the advantages that come from free trade, enviable market access, and a talented workforce. Hong Kong’s renowned free trade, free markets, and free enterprise present many growth and profit opportunities for businesses. Robust free markets.

Banking 52

Banking Regulations Accounting Government 52

Globalization Partners

OCTOBER 5, 2021

Contractors offer their services temporarily to various clients. Some umbrella companies market themselves as international umbrella companies designed to help contractors take on contracts from clients in various countries and get paid in legally compliant ways. In these cases, you may be able to hire workers as contractors directly.

Payroll 96

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Globalization Partners

JULY 5, 2022

Its top sectors are mining, agriculture, and services, and critical areas of potential growth include renewable energy, technologies, and health and aged care. There’s also no minimum paid-in capital requirement, making it easy for any entrepreneur to enter the market. Partnerships: Two or more parties own and manage the company.

Redistribution 52

Redistribution Co-Sourcing Human Resources Banking 52

Globalization Partners

SEPTEMBER 30, 2022

In today’s competitive global market, companies need to make offers that speak to more than just the financial needs of potential hires. Tech giant Apple made headlines when it announced that its female workers would be offered free egg freezing services as an additional perk.

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