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Webinar: COVID-19 Update—How to Keep Global Hiring Initiatives Running During Uncertain Times

Velocity Global

COVID-19 is not just a public health emergency—it is causing economic turmoil, travel bans, and forcing full government-mandated lockdowns. These obstacles make running global businesses challenging or nearly impossible, as millions of companies around the world shut down in an attempt to control the spread of the virus.

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Stay Flexible: How to Hire Globally in a Post-Pandemic World

Velocity Global

Then, economic growth can resume and HR departments can return to their strategic plans, including global hiring. Growth strategies must now include safety protocols, real-time local knowledge, and contingency plans that account for immediate global shutdowns. As a result, businesses’ global hiring plans need to stay flexible.

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COVID 19: Going Global During Travel Bans and Immigration Restrictions

Velocity Global

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. Stay Home and Go Global. Governments not only closed borders; some countries also shuttered all non-essential operations.

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Benefits and Challenges of Expanding to Australia

Globalization Partners

The World Bank’s Doing Business 2020 survey placed Australia as 14th in ease of doing business and the seventh easiest country in which to start a business. The IMF predicts that Australian government debt will be only 54 percent of their GDP in 2022. The catastrophic bushfires and Covid-19 lockdowns of 2020 serve as examples.

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Benefits and Challenges of Expanding to Hong Kong

Globalization Partners

The gross domestic product (GPD) stood at about US$346 billion as of 2020. The Heritage Foundation’s Index of Economic Freedom cited Hong Kong as the world’s freest economy for more than two decades until replacing it with Singapore in 2020 and 2021. Robust, growing economy. This agreement provides several singular benefits.

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Why Wages are Rising in the U.S.—and Four Ways Your Company Can Keep Up

Velocity Global

COVID-19 brought on historic unemployment in early 2020, with more than 20 million Americans losing their jobs in the first nine weeks of the pandemic. When the pandemic began in Q1 2020, many low-wage workers —such as those in restaurants, retail stores, hotels, and movie theaters—were the first to lose their jobs.

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How Remote Global Hiring Can Solve Germany’s Tech Talent Shortage

Globalization Partners

To modernize the country, the government has announced plans to: Digitize health records Digitalize government administration Analyze mobility data to improve the country’s train and car infrastructure Leverage modern technology to fight the climate crisis Naturally, skilled tech workers are required to kick-start these initiatives.