Global Hiring, Insurance and Jobbing

Expat Employee Benefits: Considerations for Global Employers

Velocity Global

MAY 25, 2023

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.

Payroll

Payroll Global Hiring Insurance Healthcare

How to Attract Today’s Top Talent: 5 Perks Employees Expect

Globalization Partners

SEPTEMBER 30, 2022

A perk can be anything from private health insurance to stipends for home office equipment or extra time off. Seventy-two percent of employees would be more satisfied with their jobs if they were offered better perks. Pet insurance. The evolution of employee perks.

Insurance

Insurance Flexibility Jobbing Global Hiring

How to Create a Global Compensation Strategy That Boosts Talent Retention

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

Payroll Insurance Administrative Right-Sizing

Advantages and Disadvantages of Using an Umbrella Company

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

Payroll Government Design Out-Tasking

How Can Your Company Overcome the Challenges of Global Mobility?

Globalization Partners

AUGUST 23, 2022

The remote work era has made it possible for professionals to do their jobs from anywhere in the world, leading many to choose to relocate. A sound global business strategy now involves one that compliantly allows your team members to work from new locations across the globe. Hire legal, tax, and finance experts in every country.

Regulations

Regulations Global Hiring Payroll Insurance

Learning from the Great Recession: Two Strategies That Can Help Businesses Rise Above COVID-19

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

Reduced Costs Marketing Global Hiring Flexibility

Boost Global Workforce Retention By Overcoming These Five Challenges

Velocity Global

APRIL 27, 2021

In today’s hyper-competitive hiring landscape, HR teams spend months identifying, recruiting, and onboarding top talent. When employees leave for jobs at other organizations, all of HR’s hard work goes to waste—and their company is left with the tab. . Gallup estimates that U.S. Challenge #2: Becoming a Local Employment Expert.

Payroll

Payroll Right-Sizing Jobbing Out-Tasking

Current Trends Shaping EMEA’s Tech Sector in 2022 and Beyond

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. This will see the government bring AI’s contribution to GDP to 5 percent and create 50,000 AI jobs by 2025.

E-Commerce

E-Commerce Banking Payroll Insurance

Why the UK is Dominating Europe’s Fintech Market

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

Marketing Banking Regulations Insurance

The Complete Guide to Employee Cost: How to Calculate the Cost of an Employee

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

Payroll Insurance Right-Sizing Administrative

How to Create an Independent Contractor Agreement

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

Payroll Insurance Jobbing Out-Tasking

Global Employee Benefits: How to Attract and Retain Top Talent With the Right Benefits Packages

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

Insurance Healthcare Jobbing Government

What Are Supplemental Benefits? Meaning, Examples, and Solutions for Global Employers

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

Insurance Global Hiring Jobbing Regulations

How Four of the World’s Largest Employers Manage Their International Workforces

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

Management E-Commerce Retail Payroll

Debunking the Top 5 Myths About International Hiring

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

Global Hiring Payroll Insurance Accounting

Global Sourcing Brief

Expat Employee Benefits: Considerations for Global Employers

How to Attract Today’s Top Talent: 5 Perks Employees Expect

Trending Sources

How to Create a Global Compensation Strategy That Boosts Talent Retention

Advantages and Disadvantages of Using an Umbrella Company

How Can Your Company Overcome the Challenges of Global Mobility?

Learning from the Great Recession: Two Strategies That Can Help Businesses Rise Above COVID-19

Boost Global Workforce Retention By Overcoming These Five Challenges

Current Trends Shaping EMEA’s Tech Sector in 2022 and Beyond

Why the UK is Dominating Europe’s Fintech Market

The Complete Guide to Employee Cost: How to Calculate the Cost of an Employee

How to Create an Independent Contractor Agreement

Global Employee Benefits: How to Attract and Retain Top Talent With the Right Benefits Packages

What Are Supplemental Benefits? Meaning, Examples, and Solutions for Global Employers

How Four of the World’s Largest Employers Manage Their International Workforces

Debunking the Top 5 Myths About International Hiring

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