Velocity Global

SEPTEMBER 30, 2020

Many companies struggle to find talent in highly competitive domestic markets—especially talent with specialized skillsets. That’s why resourceful business leaders turn to international markets to fill roles. With talent at a premium in major international markets, leading companies look to lesser-known markets to hire.

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Velocity Global

NOVEMBER 29, 2022

Such incredible economic growth offers multiple benefits for business expansion into the Chinese market. However, hiring employees in China poses many challenges for foreign companies. This guide outlines everything you need to know about compliantly hiring employees in China and conducting business in this market.

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Globalization Partners

SEPTEMBER 28, 2021

Aside from its own bountiful markets, it offers access to large markets in both the U.S. market that lies just across Canada’s southern boundary, for instance, which offers ample opportunities for cross-border business transactions. Just across the Atlantic Ocean lie the bountiful British and EU markets as well.

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Velocity Global

AUGUST 10, 2020

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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Globalization Partners

MARCH 25, 2022

Here’s what you need to know about this growing region and how it can help your company establish a new foothold in the global market. Solid economic agreements and market developments have shifted Southeast Asia’s position into one prime for growth. Market size. The Philippines. Key industries. percent in 2020.

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Globalization Partners

OCTOBER 5, 2021

By becoming an employee of an umbrella company, workers can forgo the responsibility of handling their own wages and government contributions and can receive benefits like paid leave. To learn more about hiring workers in the top 20 countries for global growth, download our Global Hiring Handbook.

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Globalization Partners

OCTOBER 4, 2021

Friendly relations and shared goals for innovation between Israel and Europe make Israeli-European partnerships productive and valuable for both parties and the global market. Market size: The sheer size of the European market also makes this continent a great choice for Israeli companies wanting to expand their reach.

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Globalization Partners

OCTOBER 24, 2022

Coinciding with the UK’s strong grip on the fintech sector, G-P’s research in 2022 identified that 1 in 3 companies are focusing their expansion efforts on the UK market. There were essentially three outcomes for the fintech market due to the pandemic. That’s where G-P comes in.

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Velocity Global

MARCH 7, 2023

Global hiring and expansion present exciting business opportunities. One of the most common strategies for entering a foreign market is establishing a foreign subsidiary. Both entity types have different implications for the parent company regarding taxation, governance, and liability.

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Velocity Global

APRIL 30, 2020

The COVID-19 pandemic creates unprecedented barriers for businesses navigating global markets. Visa freezes and a potential ban of immigration into the United States make it impossible for companies to hire foreign workers and legally relocate them to the U.S. Stay Home and Go Global. for work.

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Globalization Partners

AUGUST 30, 2022

For instance, Europe is home to only 13 percent of the world’s tech unicorns , which are startups that have a market valuation of over USD 1 billion. Before buckling to increased competition, the continent once led the mobile phone market through Finland’s Nokia and saw Estonia’s Skype dominate the video-messaging market.

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Safeguard Global

JULY 20, 2020

With such a substantial amount of taxable revenue, it’s no wonder foreign governments are eager to apply their corporate tax laws to companies operating within their borders. Speak with a global solutions advisor today to learn more about GEO and discover whether the employer of record service is the right move for your organization.

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Velocity Global

AUGUST 21, 2020

Corporate governance that allowed banking firms to take on too much financial risk. IBM, for example, generated two-thirds of its total revenue through international markets at the time of the recession. The value of global diversification holds true in the face of COVID-19. An unchecked rise in unstable subprime mortgages.

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Globalization Partners

NOVEMBER 22, 2021

It scores high in several rankings of the best economies for business, offering the advantages that come from free trade, enviable market access, and a talented workforce. Hong Kong’s renowned free trade, free markets, and free enterprise present many growth and profit opportunities for businesses. Robust free markets.

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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. Otherwise, a company couldn’t hire employees from large metropolitan areas.

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Velocity Global

AUGUST 25, 2021

When local governments began relaxing social distancing mandates and economies began reopening, employers suddenly scrambled to re-hire workers, only to find that many former employees were less than eager to return to their old roles. . Desperate employers must now pay more to hire professionals with the skillsets they need. .

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Globalization Partners

MAY 25, 2022

If you want to be taken seriously by top global candidates and local governments, consider that payroll taxes include: Reporting and withholding income tax. In today’s global business environment, worker classification is not the only tax consideration you will have to make. Navigate global tax laws with a global partner.

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Globalization Partners

JULY 5, 2022

There’s also no minimum paid-in capital requirement, making it easy for any entrepreneur to enter the market. The IMF predicts that Australian government debt will be only 54 percent of their GDP in 2022. By expanding to Australia, you can increase your chances of success in growing your business in other prominent world markets.

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Globalization Partners

MAY 18, 2023

One of the most important things to keep in mind when recruiting globally is that labor laws and regulations vary from country to country. On top of that, these laws are starting to evolve much more rapidly in today’s fast-moving global employment market. Follow data protection laws.

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Velocity Global

OCTOBER 25, 2022

As you go back to the drawing board, you can’t help but wonder why your target hire chose another employer. But one factor that HR teams often overlook is global employee benefits. Types of Global Employee Benefits. Global employees often expect supplemental benefits even if they aren’t legally required. Parental Leave.

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Velocity Global

MARCH 31, 2021

Additionally, because the Israeli government incentivizes healthcare providers to offer client-friendly plans and high levels of care, providers are adept at efficiently and quickly supporting patients. . However, because of the UK’s greater population, its government has given out a staggering 33 million doses. .

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Velocity Global

MARCH 5, 2021

Experts attribute the better-than-expected growth to government stimulus initiatives , such as the $600 direct payment to consumers and extended unemployment benefits. . Q1 stock market activity also indicates a recovery is imminent. That’s where Velocity Global comes in. The growth was higher than expected. in January, a 0.4%

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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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