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. 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

Reduced Costs 52

Reduced Costs Marketing Global Hiring Flexibility 52

Globalization Partners

OCTOBER 5, 2021

In some countries, benefits packages may also include health insurance policies and pension schemes. 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.

Payroll 96

Payroll Government Design Out-Tasking 96

Globalization Partners

APRIL 28, 2022

Contractor agreements are important because they define the company-contractor relationship and lay out the expectations for the job. For instance, if your country has a strong state healthcare program, you may not have a legal obligation to offer your employees health insurance. Contractors do not receive these benefits.

Payroll 95

Payroll Insurance Jobbing Out-Tasking 95

Velocity Global

FEBRUARY 20, 2023

For example, the unemployment insurance tax rate for new employers in Pennsylvania is 10.59% in the construction sector and only 3.82% in the non-construction sector. Turnover Rate Companies with high turnover rates spend resources hiring and onboarding multiple employees over time. Learn more: What Are Statutory Benefits?

Payroll 97

Payroll Insurance Right-Sizing Administrative 97

Velocity Global

DECEMBER 16, 2022

For employers looking to hire talent, benefits play a significant role in today’s competitive global hiring landscape. Supplemental benefits are additional benefits an employer provides to enhance the worker’s medical, retirement, and insurance coverage. Supplemental Health Insurance.

Insurance 52

Insurance Global Hiring Jobbing Regulations 52

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. Dental insurance. Life and AD&D insurance.

Insurance 52

Insurance Healthcare Jobbing Government 52

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. The company implemented a digital tool that helps managers and employees set goals and track progress in real-time. “We

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.

Global Hiring 64

Global Hiring Payroll Insurance Accounting 64