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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Velocity Global

APRIL 30, 2020

International PEO (Professional Employer Organization) enables companies to compliantly hire top international talent to keep business moving during the COVID-19 pandemic. Stay Home and Go Global. As countries around the world closed borders in response to COVID-19, the virus created new and unique barriers to global hiring.

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Velocity Global

AUGUST 21, 2020

Corporate governance that allowed banking firms to take on too much financial risk. million jobs were lost during the Great Recession, 20 million jobs were lost in the first nine weeks of the current recession. An unchecked rise in unstable subprime mortgages. Consider the following: While 8.6

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Velocity Global

SEPTEMBER 30, 2020

These awards spur job creation, research, and product development by connecting the private sector with academia. More importantly, the awards speak to Ireland’s commitment to becoming a global AI leader. South Korea is the most automated country on earth, with 631 robots per 10,000 employees— eight times the global average.

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Globalization Partners

AUGUST 30, 2022

Government initiatives and investments are triggering digitization efforts in e-commerce, education, and fintech across the region. Government spending in the Middle East signals that they wish to be at the helm of AI technology. This will see the government bring AI’s contribution to GDP to 5 percent and create 50,000 AI jobs by 2025.

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Velocity Global

APRIL 11, 2023

Despite the benefits of global hiring and expansion, international companies face several challenges when building a distributed workforce. One key pain point is attracting and retaining top global talent in a competitive hiring environment. These are the required minimum benefits that local employment laws mandate.

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Globalization Partners

MAY 18, 2023

It’s also crucial that your recruitment policy includes country-specific explanations of the different cultural norms and legal requirements for various aspects of recruitment, such as regulations around job postings and advertisements, anti-discrimination, and background checks. Prioritize diversity and inclusion.

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Globalization Partners

JULY 5, 2022

Among them, 83 percent have qualifications that are relevant to their job, and around 24 percent have more than one non-school qualification. The IMF predicts that Australian government debt will be only 54 percent of their GDP in 2022. Reputation for sound business practices. Complicated employment laws. Do you still have questions?

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Globalization Partners

OCTOBER 24, 2022

Gore explained the ensuing domino effect: Many people left their banking, investment trading, and insurance jobs to start their own companies to address the inefficiencies they experienced while working in the banking and broader financial services sector. This is because it brought to the forefront how people and banks manage their money.

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Safeguard Global

OCTOBER 1, 2020

HR, beware: Considering fixed-term employment contracts as part of your global hiring strategy could expose your company to more risk than you can handle, both legally and financially. The post Why a fixed-term employment contract is risky in global hiring appeared first on Safeguard Global. Contact us today.

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Globalization Partners

APRIL 28, 2022

Contractor agreements are important because they define the company-contractor relationship and lay out the expectations for the job. You will become liable for the accumulated payroll taxes you should have paid to the government. From contract job to contract job, your company will likely have different needs and requirements.

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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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Velocity Global

MARCH 5, 2021

Nearly a year after countries worldwide implemented unprecedented social distancing mandates, it’s no secret that COVID-19 wreaked historic damage on global economies. million people losing their jobs in April 2020 alone. Our global growth experts guide companies through every stage of expansion into over 185 countries.

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Globalization Partners

APRIL 27, 2023

During their interactive talk on expanding businesses through global hiring, Suzanne McVey and David O’Reilly asked their audience what was the first thing that came to mind when considering international hiring. With this in mind, let’s take a closer look at the top five myths of global hiring.

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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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