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Global Hiring: The Key to Accelerating Your Company’s Growth

Globalization Partners

Many companies are taking advantage of the benefits of hiring globally, which has ultimately propelled entire industries forward. Global hiring has increased significantly since 2020 as companies look to diversify and leverage cost-effective ways to attract top talent and stay ahead of their competition.

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Remote Work, Global Hiring Drive Explosive Growth in ‘Employer of Record’ Partnerships—Everest Group

Everest Group

DALLAS, February 21, 2023 — Everest Group research suggests that 71% of organizations want to improve their geographical footprint; however, global expansion can be a complex and lengthy process, with organizations needing to navigate new legal systems, regulations, taxes, cultures, languages and more.

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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. Global Expansion Difficulties.

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HR Outsourcing Service Providers Rising to Meet New Demands for Digital Transformation

Avasant

This has led to a seven percent growth in HR outsourcing adoption between June 2020 and June 2021. These trends, and others, are covered in our new Global Hire-to-Retire Business Process Transformation 2021-22 RadarView. Service providers are investing to cater to the evolving trends in this space.

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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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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. Unfamiliar regulations. Robust, growing economy.

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How Global Remote Hiring Addresses New Zealand Tech Talent Woes

Globalization Partners

In fact, this trend reached its peak in March 2020 just before the pandemic hit, with a net migration of 91,000 people. Modern global employment platforms support companies by managing and hiring international talent, and ensuring compliance and convenience across several countries. New Zealand relies on international talent.

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