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. Direct compensation refers to things like salaries and bonuses.

Payroll 52

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Globalization Partners

OCTOBER 5, 2021

In some countries, benefits packages may also include health insurance policies and pension schemes. To learn more about hiring workers in the top 20 countries for global growth, download our Global Hiring Handbook. Benefits for companies.

Payroll 96

Payroll Government Design Out-Tasking 96

Globalization Partners

AUGUST 23, 2022

For example, in some countries, health insurance is a required benefit, while in others, it’s not. Hire legal, tax, and finance experts in every country. The good news is that you can choose to leverage an end-to-end solution that enables seamless global hiring and mobility wherever your employees can legally work.

Regulations 52

Regulations Global Hiring Payroll Insurance 52

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. Some global employee benefits, such as medical plans and life insurance, offer peace of mind to talent and their dependents should the worst occur.

Insurance 52

Insurance Jobbing Healthcare Government 52

Globalization Partners

AUGUST 30, 2022

The uniform and high-speed digitization has had an instantaneous effect on various sectors, such as healthcare, insurance, education, retail, and food delivery, making us rely on core and fringe technologies more than ever. Generally speaking, this steep change in our day-to-day lives happened practically overnight.

E-Commerce 52

E-Commerce Banking Payroll Insurance 52

Velocity Global

AUGUST 21, 2020

The number of unemployment-insurance claims eclipsed the total number of claims submitted during the 18 months of the Great Recession. Consider the following: While 8.6 million jobs were lost during the Great Recession, 20 million jobs were lost in the first nine weeks of the current recession.

Reduced Costs 52

Reduced Costs Marketing Global Hiring Flexibility 52

Velocity Global

SEPTEMBER 10, 2020

Independent contractors must register for statutory social insurances, while full-time employees receive benefits and insurance from their employers. Independent contractors are paid fees specified in their independent contractor agreements, while employees receive salaries.

Insurance 52

Insurance Payroll Out-Tasking Marketing 52

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. How Covid-19 impacted fintech.

Marketing 40

Marketing Banking Regulations Insurance 40

Velocity Global

OCTOBER 28, 2022

Contractors pay income taxes and national insurance contributions (NICs). Download our Expansion Checklist to prepare for your global hiring strategy. Preventing deemed employment also ensures that: Firms pay proper employment taxes for their workforce. Firms provide employees with appropriate benefits.

Payroll 52

Payroll Regulations Right-Sizing Global Hiring 52

Velocity Global

APRIL 27, 2021

HR teams must research local markets to learn what employees expect for insurance coverage, paid leave, retirement plans, and more. . For example, HR teams that hire foreign independent contractors cannot legally provide benefits in most markets. Knowing the right benefits to offer in various foreign countries takes time and effort.

Payroll 52

Payroll Right-Sizing Jobbing Out-Tasking 52

Velocity Global

NOVEMBER 12, 2020

Today, the company sells vehicles in 153 countries worldwide while providing financial services related to auto insurance, banking, fleet management, and more. The following year, Volkswagen founded its financial services division to help customers buy and lease its automobiles.

Management 52

Management E-Commerce Retail Payroll 52

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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Global Hiring Payroll Jobbing Accounting 64