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Global Hiring Options for International Businesses

Velocity Global

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. Having more options ensures that you can find a solution or service that fits your company’s needs. Let’s explore your global hiring options below.

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

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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. Employee cost comprises several factors, such as employee salary, payroll taxes, supplemental benefits, and other expenses like company retreats and overhead. How Do You Calculate Employee Cost of Living?

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NoonDalton - Untitled Article

NoonDalton

However, with this abundance of choices comes the responsibility to select the right model. The success of an organization can often hinge on its ability to recruit, manage, and retain the right talent in the most effective manner. This might range from IT services and cybersecurity to HR functions and project management.

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

Velocity Global

International PEO (Professional Employer Organization), also known as an Employer of Record (EOR), provides companies with a quick and compliant hiring solution, virtually anywhere in the world. Global business leaders increasingly leverage International PEO as a proven, streamlined global hiring option. billion by 2024.

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IR35 Legislation: How It Works + Compliance Checklist

Velocity Global

IR35 legislation, also known as intermediaries’ legislation or “off-payroll working rules,” is designed to close the “deemed employment” tax loophole when firms hire contractors to fulfill the roles of employees. IR35 legislation is applicable when a contractor provides their services to a client through an intermediary.

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Boost Global Workforce Retention By Overcoming These Five Challenges

Velocity Global

Challenge #4: Delivering International Payroll Services. Making errors when delivering payroll for international employees is all too easy for HR teams. Furthermore, HR leaders with teams in more than one market must spend extra time learning various payroll interfaces and meeting the requirements of multiple foreign banks. .

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