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Remote Work, Global Hiring Drive Explosive Growth in ‘Employer of Record’ Partnerships—Everest Group

Everest Group

EOR offerings can span the entire employee administration value chain and include services such as onboarding, benefits provision and administration, time and expense management, and payroll. Adoption by industry: The services industry has the highest market share followed by the financial and healthcare industries.

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HR Outsourcing Service Providers Rising to Meet New Demands for Digital Transformation

Avasant

To address these challenges, enterprises are increasingly relying on service providers for flexible HR operations and digital transformation. These trends, and others, are covered in our new Global Hire-to-Retire Business Process Transformation 2021-22 RadarView. Challengers: Capita, CGI, Safeguard Global.

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Global Compliance: How to Stay Compliant When Hiring Internationally

Velocity Global

For companies expanding internationally, failing to adhere to local labor regulations may result in fines, tax penalties, and other legal issues that hinder business and productivity. Follow this useful guide to develop global compliance protocols in any country. Understand International Labor Laws. In the U.S.,

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Benefits and Challenges of Expanding to Canada

Globalization Partners

For this reason, you’ll likely find consumers for your company’s products and services. In 2019, the goods and services trade across that border totaled about US$718.4 Navigating regulations. For these reasons, you may need to do extensive research on Canadian law to determine how to achieve full compliance.

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

Velocity Global

Global business leaders increasingly leverage International PEO as a proven, streamlined global hiring option. NelsonHall’s recent report discusses the growing need for International PEO services and expects the global Employer of Record services market to grow by approximately 28.4% billion by 2024.

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Why the UK is Dominating Europe’s Fintech Market

Globalization Partners

The UK is firmly recognized as one of the leading global fintech hubs. 2022 research by Deloitte shows that there are over 2,500 fintech companies across the UK, with London establishing itself as the second highest fintech location in the world. What are the regulations for fintech? The origin of fintech in the UK.

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

Velocity Global

Transforming from a startup to a global industry leader is a significant milestone for any business. 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.