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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. Table of Contents How Do You Calculate Employee Costs?

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How to Choose a Location for setting up a Global Capability Center (GCC)

Zinnov

Employees of Fairchild went on to create numerous companies, including Intel, National Semiconductor Corporation, AMD, and LSI Logic Corporation. Today, this chapter in history serves as a reminder that a company’s location and ecosystem plays a vital role in its success. But where do they start?

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Expansion Benefits and Challenges of Four Leading Markets

Velocity Global

Companies planning an international growth strategy must evaluate a wide range of expansion factors , from a country’s talent pool and technological infrastructure to its legislative requirements. Singapore’s reputation as a leading global business hub also creates challenges for international companies. Germany has a $3.86

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Offshoring vs. Outsourcing — Is There An Explicit Winner?

Zinnov

It is the umbrella term used while contracting third parties to perform certain tasks as per the requirement or brief. A dedicated remote team is hired for the organization, where the offshore employees can report from anywhere across the world. Outsourcing – Which one to choose? What is Outsourcing? What is Offshoring?

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The Most Successful Startups You Could Learn From

TMS

This is the form of free advertising that AirBnB used to find its success. 93 million people use Uber because it found a problem to solve. This app became so successful they named the company after it. Only later did they think about a company. Success cannot be measured in diplomas. What Makes a Successful Startup?

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Global Employee Benefits: How to Attract and Retain Top Talent With the Right Benefits Packages

Velocity Global

As you go back to the drawing board, you can’t help but wonder why your target hire chose another employer. But one factor that HR teams often overlook is global employee benefits. Just ask the 49% of employees who will leave a new job within the first year because of dissatisfaction with their benefits. Table of Contents.

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Examples of Outsourcing

3Pillar Global

In this article, we’ll discuss some examples of outsourcing projects and products that demonstrate some of the reasons companies of all shapes and sizes choose to outsource and why it’s a good strategic move. Who Uses Outsourcing? Before we dig in, let’s talk about who uses outsourcing. Scaling or Expansion.