Velocity Global

MARCH 20, 2023

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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Globalization Partners

JANUARY 7, 2022

Working from home, a coffee shop, or wherever an employee feels most productive can significantly increase the efficiency of your team. Opting to build a geographically distributed team allows you to recruit talented people from around the globe, increasing your chances of finding the best people for the job. Lower overhead costs.

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Velocity Global

JUNE 6, 2023

That’s why we’re here to help you stay at the forefront of what’s new and next in HR, global hiring, business, and so much more. Topics This Month Artificial Intelligence (AI) Hiring Trends Compensation and Benefits Good News Artificial Intelligence (AI) Will artificial intelligence (AI) technology take my job?

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Velocity Global

FEBRUARY 22, 2022

A recruitment funnel is a framework you follow for your hiring process. The funnel covers the entire recruiting process from the moment you post your job description to when your new hire signs their offer letter. There are a lot of considerations to make and steps to take when hiring. Write an Effective Job Description

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Velocity Global

AUGUST 25, 2021

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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Globalization Partners

DECEMBER 21, 2022

The G-P leadership team weighs in on global hiring trends, HR tech and what’s important to employees in 2023. They provided insights on everything from employee culture to technology trends, to potential economic and market obstacles and of course their perspective on what next in terms of global hiring.

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Globalization Partners

NOVEMBER 4, 2022

As 2022 winds down and companies continue to source remote candidates from global locations – digital recruitment, also known as digital HR, has never been more vital to the sourcing of skilled talent and ensuring they have a pleasant hiring experience. Pymetrics : Offers soft skills assessments by analyzing and extracting data.

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Globalization Partners

NOVEMBER 17, 2023

The HR Department’s Complex Challenge The HR department, the backbone of any organization, often grapples with numerous pain points when it comes to global expansion. Scaling Efficiency with Innovative Features G-P understands that efficiency is paramount in the global expansion journey.

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Globalization Partners

OCTOBER 5, 2021

Some downsides to working with umbrella companies include the following: Limits workers to temporary jobs: Compared to being self-employed as an independent contractor, working under an umbrella company may feel like a step up for workers. However, this option is limited to contract work.

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Globalization Partners

SEPTEMBER 14, 2023

Weeks after starting their hiring campaign in India, Company X was puzzled as to why all candidates stopped moving forward with their application, especially since most of them reached the job offer stage. G-P TIP: An efficient hiring process is, in itself, a competitive edge.

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Velocity Global

AUGUST 21, 2020

million jobs were lost during the Great Recession, 20 million jobs were lost in the first nine weeks of the current recession. This agile approach helps firms minimize risk and maximize efficiency while exploring new markets – a critical factor in the face of COVID-19’s market volatility. Consider the following: While 8.6

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Velocity Global

MAY 23, 2023

This includes the option to work asynchronously, which allows you to capitalize on their contributions at maximum efficiency and empower them to live the lifestyle they want. In February 2023, the nonprofit 4 Day Week Global published their results of a pilot study involving 47 companies in the U.K.

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Globalization Partners

AUGUST 15, 2022

Global hiring can be complex, especially if companies are unprepared. Organizations need to comply with detailed legislation and learn the inner workings of international job markets. By using a global employment platform, they can easily access all the resources and expertise required to support their global growth.

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Globalization Partners

APRIL 7, 2022

HR managers know that to attract and retain top talent, they need to develop a compensation package that will effectively position their company on the job market. Creating detailed job descriptions can increase application rates and improve the negotiation process with candidates. Flexible bonuses and benefits.

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Globalization Partners

APRIL 27, 2023

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. So, with a seeming influx of laid-off tech workers globally, how can Germany-based companies tap into this sudden source of available talent?

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Velocity Global

FEBRUARY 20, 2023

Turnover Rate Companies with high turnover rates spend resources hiring and onboarding multiple employees over time. Recruiting and onboarding costs vary depending on your hiring strategy, but they can include job-posting fees, recruiting software, background checks, and the time and resources your HR team spends to fill each vacancy.

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Velocity Global

NOVEMBER 12, 2020

We want to be able to identify potential in our people, give them the tools to do their job really well, and let that potential shine,” says Jacqui Canney, Walmart’s Chief People Officer. In doing so, Amazon improves efficiency and limits bureaucracy while empowering workers on an individual level.

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Velocity Global

OCTOBER 25, 2022

After months of sourcing, interviewing, and evaluating an endless parade of job applicants, you’ve finally found the ideal candidate for a hard-to-fill role. You extend a job offer and wait for their response. The obvious job considerations jump out—pay, title, time off. And wait some more. In the U.S.,

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Globalization Partners

AUGUST 30, 2022

This will see the government bring AI’s contribution to GDP to 5 percent and create 50,000 AI jobs by 2025. Another country expanding its tech footprint is Israel — the nation cracked the top 10 of the Global Finance rankings for national technical strength. Elsewhere, Saudi Arabia expects AI to contribute over USD 135.2

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Velocity Global

OCTOBER 23, 2020

companies to hire American workers rather than foreign job-seekers at lower wages. This article discusses details about the laws and how American companies can compliantly hire workers from other countries. With International PEO, Velocity Global hires your overseas employees and becomes their legal Employer of Record.

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