Velocity Global

MAY 25, 2023

Plus, as global hiring becomes more competitive, comprehensive compensation is essential for attracting top talent. Below are four reasons global companies should administer competitive compensation and supplemental benefits to their expatriate talent. It’s the employer’s duty to ensure the health and safety of their employees.

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NoonDalton

SEPTEMBER 18, 2023

As businesses navigate this uncharted territory, many are discovering a secret weapon to bolster their remote work culture: global hiring. In this article, we will delve into how global hiring can be a game-changer in sculpting a resilient and thriving remote work culture. What is Global Hiring?

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Velocity Global

OCTOBER 13, 2022

Velocity Global received multimillion-dollar investments, including a $400 million Series B earlier this year that will be used to enhance and broaden its technology and solutions, while recent acquisitions of iWorkGlobal and ShieldGeo allowed the company to further expand its capabilities and reach. Exceptional service.

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Globalization Partners

NOVEMBER 17, 2023

Gartner®, Hype Cycle for HR Technology, 2023, Emi Chiba, July 21, 2023 At HR Tech in Las Vegas, G-P unveiled groundbreaking AI-enabled global growth technology, products, and advisory services that promise to revolutionize global expansion and hiring. and/or its affiliates in the U.S. All rights reserved.

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Velocity Global

FEBRUARY 3, 2022

For example, a fintech company looking for an alternative to London’s highly competitive hiring landscape can turn to an emerging market like Lithuania. Not every global hiring method offers time and costs savings compared to upskilling programs. It’s a full-service international expansion solution. trillion in revenue.

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Velocity Global

OCTOBER 26, 2020

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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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.

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Velocity Global

MAY 23, 2023

In our guide, learn about the role of an international PEO, the benefits of working with an international PEO, and how to reach your global business goals with the right partner. PEOs simply provide HR services for companies in their headquartered location. Established global infrastructure. Full-service support.

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Velocity Global

NOVEMBER 29, 2022

An employer of record (EoR) is a third-party organization that hires, pays, and manages your distributed workforce on behalf of your company. Also regarded as a Foreign Enterprise Service Company (FESCO) in China, an EoR allows you to attract top talent in China and expedite the onboarding process without setting up a legal entity.

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Velocity Global

OCTOBER 26, 2020

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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Velocity Global

APRIL 7, 2023

Hire and Relocate Talent in Saudi Arabia With Ease The immigration and work authorization process in Saudi Arabia is time-consuming and complex. Companies interested in hiring foreign talent or relocating employees to Saudi Arabia can simplify the process with a full-service immigration partner like Velocity Global at their side.

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Globalization Partners

JUNE 7, 2022

For example, electronic giant Samsung recently rolled out a “service bonus,” a financial reward worth three months’ pay for employees that significantly contributed to the company’s sales growth in 2021. Could you elaborate a bit on what exactly a service bonus is? Also, I like this example, but it isn’t related to hiring per se.

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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.

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Velocity Global

JUNE 28, 2022

Citizenship and Immigration Services and, in some cases, the Department of Labor. Because most payroll providers based in a company’s home country do not cover international employees, an enterprise must outsource payroll services within its foreign markets using a third-party provider. In the U.S.,

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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.

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Globalization Partners

MARCH 30, 2022

Yes, it can be, but when it comes to global employment platforms, you should proceed with caution whenever you see the word “free.”. The same should go for your global partners. When you are on the verge of entering new international markets, you want a partner that offers the highest quality of service. Bad customer service.

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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.

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Velocity Global

MARCH 7, 2023

Global hiring and expansion present exciting business opportunities. company does not have to pay taxes to the Internal Revenue Service (IRS) because the IRS considers it a foreign company. One of the most common strategies for entering a foreign market is establishing a foreign subsidiary.

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Globalization Partners

AUGUST 25, 2021

TMS helps companies hire senior HR, global mobility, tax, and immigration talent across its global network of offices. TMS also offers consulting services for organizations and start-ups looking to develop their talent mobility strategy and enable operational excellence. Onboarding the best talent. It was a U.S.-based

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Globalization Partners

OCTOBER 7, 2022

This reduced inward migration means industries like manufacturing, agriculture, service, and tech, which depend on international talent, are currently finding it difficult to grow or even sustain their operations. The post How Global Remote Hiring Addresses New Zealand Tech Talent Woes appeared first on G-P.

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Globalization Partners

SEPTEMBER 30, 2022

Tech giant Apple made headlines when it announced that its female workers would be offered free egg freezing services as an additional perk. To learn more about our global hiring solution, contact us or request a proposal. Similarly, Microsoft also extended their parental leave for all its employees.

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Globalization Partners

MAY 25, 2022

If you want to be taken seriously by top global candidates and local governments, consider that payroll taxes include: Reporting and withholding income tax. Social services. Five tips to navigate global employment taxes. Unemployment contributions. Retirement contributions. Retention requirements. Don’t make assumptions.

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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.

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Globalization Partners

SEPTEMBER 28, 2021

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 VAT rates, such as those for the goods and services tax (GST) and harmonized sales tax (HST) , vary significantly throughout Canada.

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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.

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Velocity Global

DECEMBER 16, 2022

For employers looking to hire talent, benefits play a significant role in today’s competitive global hiring landscape. To maintain equity across a company’s global workforce and ensure competitive coverage for their team, employers offer supplemental health insurance plans. Example: Employee Benefits in India.

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Globalization Partners

OCTOBER 24, 2022

Gore explained the ensuing domino effect: Many people left their banking, investment trading, and insurance jobs to start their own companies to address the inefficiencies they experienced while working in the banking and broader financial services sector.

Marketing 40

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Velocity Global

APRIL 30, 2020

In late March, Singapore, the world’s top market for growing tech firms, according to Velocity Global’s 2020 Global Expansion Tech Index , closed its borders to tourists and short-term visitors. The country allows only essential services sectors to continue operations, such as healthcare workers or transportation personnel.

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Globalization Partners

MARCH 25, 2022

The Malaysian Dutch Business Council (MDBC) provides opportunities for networking and access to business services within the country. We have an established network of subsidiaries to make hiring your workforce simple, fast, and compliant. The waste from the palm oil industry in Malaysia offers ample resources for biofuel.

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Velocity Global

FEBRUARY 20, 2023

Employers calculate employee cost of living by adding up the costs of goods and services on which consumers spend their money in the employee’s city or region of residence. These are the basic, necessary amenities and services you need for your employees to carry out their daily duties and keep your business running.

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Safeguard Global

APRIL 24, 2023

Or your referral network could spotlight an ideal applicant Partner with a recruitment services provider – Leveraging the expertise and resources of a global recruitment firm will save you time and effort in the long run. With talent shortages across the world, global recruitment efforts may be the best solution.

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Globalization Partners

MAY 18, 2023

We always recommend working with reputable background check service providers to ensure compliance and remain up to date with the latest country-specific laws. Failure to comply with these regulations can result in significant legal and reputational consequences. Follow data protection laws.

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Velocity Global

APRIL 27, 2021

Challenge #4: Delivering International Payroll Services. Language gaps also increase the risk that critical information is lost in translation, leading to a loss of trust from employee to employer. . Making errors when delivering payroll for international employees is all too easy for HR teams.

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Velocity Global

SEPTEMBER 10, 2020

With expertise helping companies employ workers in over 185 countries, and a commitment to providing a streamlined expansion experience, Velocity Global’s International PEO services are unmatched. Want to find out how Velocity Global can help you ensure compliance for your workers, so you can continue to grow safely and securely?

Insurance 52

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Velocity Global

OCTOBER 6, 2021

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.

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Velocity Global

OCTOBER 28, 2022

The responsibility to correctly classify laborers now falls with public and private sector employers, which increases employers’ risks of hiring independent contractors in the UK. Clients (except small, private-sector businesses) who hire contracted workers are responsible for determining: The employment status of those workers.

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Globalization Partners

OCTOBER 5, 2021

Contractors offer their services temporarily to various clients. In a survey by the Freelancer and Contractor Services Association (FSCA) in the UK, 76 percent of the hundreds of freelancers and contractors who responded reported having no access to paid leave of any kind. However, this arrangement is only designed to be temporary.

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