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

Everest Group

Enterprises are discovering that Employer of Record (EOR) arrangements can ease the burden of international expansion; accordingly, the EOR market swelled 170% in 2020 and 120% in 2022 and is expected to continue to grow at a compound annual growth rate of 40-50% through 2025 according to Everest Group.

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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. Interestingly, while Germany’s tech sector desperately tries to source workers, other international tech hubs have been hit by an avalanche of layoffs.

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Upskilling Employees: A Complete Guide

Velocity Global

Researchers at the World Economic Forum say that at least 54% of all professionals will need upskilling or reskilling by 2022 —and companies are taking action. Optimize the talent acquisition process: In today’s fiercely competitive hiring landscape, HR teams spend months sourcing, screening, and onboarding the right talent for their needs.

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Digital Recruitment: 4 Best Practices to Achieve Success

Globalization Partners

The business world has well and truly embraced digital recruitment ; the sourcing, hiring, and onboarding of talent through online platforms. AI — a hiring manager and recruiter’s best friend.

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Benefits Packages: The Ace Up Your Sleeve for Hiring Talent

Velocity Global

According to a 2023 Metlife report , 55% of employees say they are living paycheck to paycheck, up from 43% in 2022. The number of employees who said they feel in control of their finances also decreased by 6% from 2022. A 2022 report by Velocity Global found that of the 1,000 tech leaders from the U.S.

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Top European Countries for Israeli Companies

Globalization Partners

International growth tends to be a crucial goal for Israeli startups because Israel itself has some inherent limitations — namely, that raw materials and energy sources are in short supply and that the Israeli market is relatively small. This requirement is coming into effect gradually and is expected to be in full effect by the end of 2022.

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

Velocity Global

Employers must ensure their compensation strategy complies with the employment laws of each jurisdiction in which they hire talent and is fair, consistent, and competitive. Build a Distributed Workforce As remote work becomes more popular worldwide, more companies are starting to hire talent globally.

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