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

Globalization Partners

In April of 2022, Germany’s labor shortages reached an all-time high with a deficit of 320,600 STEM (science, technology, engineering, and math) workers. In a worst-case scenario, companies unable to find talent could relocate to a different country, leading to job losses, loss of income tax, and increased welfare spending.

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Velocity Global named a Leader in Everest Group’s global Employer of Record PEAK Matrix®

Velocity Global

DENVER, October 13, 2022 —. Report highlights exhaustive breadth of solutions, in-depth local expertise, and extensive global coverage. We are thrilled to be recognized as a Leader in global EoR solutions by Everest Group,” says Brad Collins, chief strategy officer at Velocity Global. Breadth of solutions and coverage.

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How Technology Can Help South Korea-Based Companies Find the Best Tech Talent

Globalization Partners

In fact, a 2022 Robert Walters Salary Survey revealed that the most sought-after professionals in South Korea are software engineers, machine learning engineers, and product owners — job roles that are crucial for technology transformation and product development. This talent shortage is turning into a widespread concern.

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Current Trends Shaping EMEA’s Tech Sector in 2022 and Beyond

Globalization Partners

In 2022, technology has concretely intertwined its way into our everyday lives. Meanwhile, the fastest-growing tech companies in Europe for 2022 have leveraged the incidental effects of the pandemic. The city was also ranked the leading global hub for fintech. The Middle East tech boom. percent of GDP. within the next decade.

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Global Hiring Guide: Top Emerging Fintech Hubs

The fintech industry is growing exponentially — in the first quarter of 2022, the sector saw a 182 percent increase in tech job growth. In fact, according to a report from Korn Ferry, by 2030, more than 85 million jobs could go unfilled across three major industries: telecommunications, manufacturing, and technology.

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Hire Your Dream Team: Strategies to Thrive During Economic Uncertainty

Velocity Global

In 2023, the International Monetary Fund observed that due to factors like Brexit, the conflict in Ukraine, and the COVID-19 pandemic, worldwide GDP fell in 2022. in 2023, down from 3% in 2022—stoking growing fears of a global recession. a 2022 report by the Chartered Institute of Personnel and Development found that 6.5

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Benefits Packages: The Ace Up Your Sleeve for Hiring Talent

Velocity Global

Sixty-one percent of workers surveyed in a LinkedIn study said they planned on finding a new job in 2023. To make matters worse, only 1 in 5 employees are engaged with their jobs , with many saying they are actively “miserable” at work. Branding and identity More than ever, hiring managers are competing to attract the talent they want.