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The Complete Guide to Employee Cost: How to Calculate the Cost of an Employee

Velocity Global

For example, understanding the true cost of an employee allows your finance and HR teams to accurately budget for expansion into a new market. For instance, a junior graphic designer in New York City will likely require higher pay than a junior graphic designer in São Paulo because the cost of living is higher in New York City.

Payroll 97
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What Is Global Mobility? How to Simplify Work from Anywhere

Velocity Global

Global mobility is an organizational trend that has become a key factor for international companies’ success. However, facilitating global workforce mobility involves navigating complex immigration, employment, and tax laws across multiple jurisdictions—all of which pose significant compliance risks.

Payroll 52
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Understanding the Global Marketplace: Benefits, Risks & Expansion Strategies

Velocity Global

International companies reap a wide range of benefits by expanding globally, such as accessing new revenue streams and a broader talent pool. Companies must administer global payroll, benefits, and ongoing HR support for their distributed workforce while complying with employment and tax laws across multiple regions.

Payroll 97
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6 Global Payroll Challenges + How to Solve Them

Velocity Global

Sourcing global talent allows companies to find the right employee for their specific needs. Read this guide to learn six common global payroll challenges companies face when paying international teams and suggested solutions for overcoming them. However, managing talent worldwide is challenging—especially regarding payroll.

Payroll 52