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Webinar: COVID-19 Update—How to Keep Global Hiring Initiatives Running During Uncertain Times

Velocity Global

COVID-19 is not just a public health emergency—it is causing economic turmoil, travel bans, and forcing full government-mandated lockdowns. These obstacles make running global businesses challenging or nearly impossible, as millions of companies around the world shut down in an attempt to control the spread of the virus.

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Expat Employee Benefits: Considerations for Global Employers

Velocity Global

Plus, as global hiring becomes more competitive, comprehensive compensation is essential for attracting top talent. Below are four reasons global companies should administer competitive compensation and supplemental benefits to their expatriate talent. It’s the employer’s duty to ensure the health and safety of their employees.

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

Globalization Partners

Recognizing the potential impact on the economy, the South Korean government has launched several initiatives to solve the talent gap. Recently, the government shared its plans to nurture a new generation of chip engineers. With these initiatives, the government aims to cultivate over 3,000 semiconductor professionals by 2027.

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How to Obtain an Iqama Residence Visa in Saudi Arabia

Velocity Global

The country offers ample opportunities for professionals to grow their careers and provides global companies with a large and diverse talent pool of highly skilled workers. Individuals who arrive in Saudi Arabia with a work permit must obtain an Iqama, or residence visa, which the KSA government uses to manage all expats in the country.

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Advantages and Disadvantages of Using an Umbrella Company

Globalization Partners

Contractors offer their services temporarily to various clients. 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. The umbrella company can help you legally hire contractors in another country.

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Hiring Employees in China: 3 Options for Global Employers

Velocity Global

An employer of record (EoR) is a third-party organization that hires, pays, and manages your distributed workforce on behalf of your company. Also regarded as a Foreign Enterprise Service Company (FESCO) in China, an EoR allows you to attract top talent in China and expedite the onboarding process without setting up a legal entity.

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Benefits and Challenges of Expanding to Canada

Globalization Partners

For this reason, you’ll likely find consumers for your company’s products and services. In 2019, the goods and services trade across that border totaled about US$718.4 VAT rates, such as those for the goods and services tax (GST) and harmonized sales tax (HST) , vary significantly throughout Canada.