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

Velocity Global

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. However, for some companies, the outbreak has not stopped business entirely, and many of these firms need ways to keep their global hiring initiatives moving.

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

Globalization Partners

The German Chambers of Industry and Commerce has also documented the severity in which certain engineering and data processing sectors are unable to fill over 60 percent of job vacancies. Overall, more tech workers were made redundant than in 2020 and 2021 combined. According to The Challenger Report , the U.S.

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Globalization Benefits and Challenges

Velocity Global

Again, International PEO allows companies to compliantly employ workers overseas, without having to establish a legal entity , making global hiring easier than ever. What are the Challenges of Globalization? While globalization offers many benefits, it’s not without challenges. Immigration Challenges and Local Job Loss.

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Hire Your Dream Team: Strategies to Thrive During Economic Uncertainty

Velocity Global

The Great Resignation Continues Continuing the trend that started in 2021, employees across the world are still leaving their jobs in record numbers. workers are thinking about leaving their jobs in 2023, according to a LinkedIn survey conducted in December 2022. Since November 2020, hiring rates in the U.S. but only 5.7

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Three Things Employees Want Amidst Record-Setting Turnover

Velocity Global

United States employees are leaving their jobs at a record pace. professionals left their jobs in April—up from 1.6% in April of 2020, and the highest rate of turnover since 2000. . 88% of respondents said they would prioritize a job that offered complete flexibility in where and when they worked.

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Upskilling Employees: A Complete Guide

Velocity Global

Reskilling describes a worker learning the skills necessary to take on an entirely different job. By upskilling their teams before changes occur, companies ensure there is no skills gap when employees retire, move to new internal positions, or take other jobs. What is Reskilling?

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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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