Velocity Global

APRIL 6, 2020

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. However, for some companies, the outbreak has not stopped business entirely, and many of these firms need ways to keep their global hiring initiatives moving.

Global Hiring 52

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Globalization Partners

AUGUST 4, 2022

In fact, 97 percent of employees claim that flexibility in their jobs has a positive impact on their quality of life and is also a reason to stay longer with an employer. Ultimately, this speeds up workflows to increase efficiency and, therefore, accelerates time to market and improves the employee experience. Flexibility.

Global Hiring 111

Global Hiring Payroll Flexibility Automation 111

Velocity Global

OCTOBER 6, 2021

Even though globalization makes our lives better, it does bring some challenges as companies start to grow and expand across borders. Keep reading to learn more about the benefits and challenges of globalization, and how businesses navigate these difficulties to reach their global expansion goals. Access to New Markets.

Payroll 119

Payroll Jobbing Marketing Labor Costs 119

Velocity Global

OCTOBER 13, 2022

The report evaluated 15 EoR solution providers on their vision, capability, and market impact, taking into account client references as well as an ongoing analysis of the EoR market. We are thrilled to be recognized as a Leader in global EoR solutions by Everest Group,” says Brad Collins, chief strategy officer at Velocity Global.

Global Hiring 111

Global Hiring Payroll Customer Support Marketing 111

Velocity Global

MAY 25, 2023

Why Expat Benefits and Compensation Matter When a business expands internationally, it often relocates employees to another country to set up a new branch, investigate the local market, or establish a business in the country. Plus, as global hiring becomes more competitive, comprehensive compensation is essential for attracting top talent.

Payroll 97

Payroll Global Hiring Insurance Healthcare 97

Globalization Partners

JUNE 7, 2022

Employers are doubling down their efforts to bolster digital transformation initiatives to respond to the ever-changing business landscape and adapt to today’s talent market. Companies from the electric vehicle (EV) battery market to the semiconductor industry are competing for skilled talent.

Engineering 98

Engineering Payroll Government Software 98

Globalization Partners

AUGUST 25, 2021

To create and maintain an attractive brand that appeals to a global talent pool, companies will need to take their recruitment and hiring strategies across international borders. Global mobility has enabled this to some degree and will no doubt continue to do so. Establishing a presence in international markets, the smart way.

Payroll 98

Payroll Flexibility Out-Tasking Global Hiring 98

Velocity Global

MARCH 20, 2023

Despite the widespread layoffs, make no mistake—it’s still talent’s market. The Great Resignation Continues Continuing the trend that started in 2021, employees across the world are still leaving their jobs in record numbers. million workers in the United Kingdom were also thinking about leaving their jobs in 2023. but only 5.7

Global Hiring 52

Global Hiring Jobbing Administrative Marketing 52

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.

Marketing 52

Marketing Banking Government Labor Costs 52

Velocity Global

FEBRUARY 3, 2022

Reskilling describes a worker learning the skills necessary to take on an entirely different job. By upskilling their teams before changes occur, companies ensure there is no skills gap when employees retire, move to new internal positions, or take other jobs. These companies broaden their talent pools by hiring in foreign markets.

Global Hiring 52

Global Hiring Jobbing Out-Tasking Cybersecurity 52

Velocity Global

FEBRUARY 20, 2023

For example, understanding the true cost of an employee allows your finance and HR teams to accurately budget for expansion into a new market. Employers must also understand the variables that impact employee cost, like location and market conditions. Below, we list variables that impact employee cost in different markets worldwide.

Payroll 97

Payroll Insurance Right-Sizing Administrative 97

Velocity Global

JULY 9, 2021

United States employees are leaving their jobs at a record pace. professionals left their jobs in April—up from 1.6% More than half (52%) of North American talent plans to look for a new job in 2021, according to the Achievers Workforce Institute’s most recent Employee Engagement & Retention report. .

Flexibility 52

Flexibility Jobbing Human Resources Global Hiring 52

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. The Covid pandemic positively impacted the fintech sector.

Marketing 40

Marketing Banking Regulations Insurance 40

Velocity Global

AUGUST 25, 2021

COVID-19 brought on historic unemployment in early 2020, with more than 20 million Americans losing their jobs in the first nine weeks of the pandemic. When the pandemic began in Q1 2020, many low-wage workers —such as those in restaurants, retail stores, hotels, and movie theaters—were the first to lose their jobs.

Jobbing 52

Jobbing Global Hiring Research Retail 52

Velocity Global

FEBRUARY 22, 2022

A recruitment funnel is a framework you follow for your hiring process. The funnel covers the entire recruiting process from the moment you post your job description to when your new hire signs their offer letter. List your perks and a little bit about your culture as well as the job’s tasks. Attraction.

Jobbing 52

Jobbing Global Hiring Out-Tasking Regulations 52

Globalization Partners

DECEMBER 21, 2022

The G-P leadership team weighs in on global hiring trends, HR tech and what’s important to employees in 2023. They provided insights on everything from employee culture to technology trends, to potential economic and market obstacles and of course their perspective on what next in terms of global hiring.

Global Hiring 52

Global Hiring Flexibility Payroll Out-Tasking 52

Velocity Global

APRIL 26, 2023

In the current talent market, attracting the best and retaining your competitive edge is becoming a more significant challenge every day—yet employers keep applying the same old tricks to maintain and expand their workforce. Sixty-one percent of workers surveyed in a LinkedIn study said they planned on finding a new job in 2023.

Co-Sourcing 52

Co-Sourcing Global Hiring Jobbing Flexibility 52

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. 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.

Reduced Costs 52

Reduced Costs Marketing Global Hiring Flexibility 52

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 #1: Providing Timely Support.

Payroll 52

Payroll Right-Sizing Jobbing Out-Tasking 52

Globalization Partners

OCTOBER 5, 2021

Some umbrella companies market themselves as international umbrella companies designed to help contractors take on contracts from clients in various countries and get paid in legally compliant ways. To learn more about hiring workers in the top 20 countries for global growth, download our Global Hiring Handbook.

Payroll 96

Payroll Government Design Out-Tasking 96

Velocity Global

MARCH 30, 2020

Even though globalization makes our lives better, it does bring some challenges as companies start to grow and expand across borders. Keep reading to learn more about the benefits and challenges of globalization, and how businesses navigate these difficulties to reach their global expansion goals. Access to New Markets.

Payroll 52

Payroll Jobbing Marketing Labor Costs 52

Velocity Global

MAY 19, 2023

However, recruiting challenges are inevitable for managers and HR teams when hiring across international borders. To gain a competitive edge in foreign markets and ensure seamless growth, companies must comply with local labor laws and consider cultural norms in every market where they hire talent.

Right-Sizing 52

Right-Sizing Human Resources Payroll Administrative 52

Globalization Partners

SEPTEMBER 30, 2022

In today’s competitive global market, companies need to make offers that speak to more than just the financial needs of potential hires. Seventy-two percent of employees would be more satisfied with their jobs if they were offered better perks.

Insurance 52

Insurance Flexibility Jobbing Global Hiring 52

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.

Payroll 52

Payroll Insurance Administrative Right-Sizing 52

Globalization Partners

APRIL 7, 2022

HR managers know that to attract and retain top talent, they need to develop a compensation package that will effectively position their company on the job market. In a traditional in-office work model, companies pay their team members whatever is considered competitive within the local market. Single-market compensation.

Management 52

Management Flexibility Right-Sizing Marketing 52

Velocity Global

JUNE 12, 2023

When you give your employees the ability to rise within your organization, you help them upgrade their job titles, responsibilities, and compensation—while keeping them on your team. Shortcomings in individualized training and attention aren’t limited to when talent begins a new job. Clearly, there’s a disconnect.

Jobbing 52

Jobbing Flexibility Right-Sizing Out-Tasking 52

Globalization Partners

SEPTEMBER 14, 2023

However, accessing talent in India presents its own unique set of compliance obstacles and cultural considerations that may delay or ultimately hinder the hiring plans of international employers that approach the market without the right preparation and support. MISTAKE #2: Company Y did not have a streamlined hiring process.

Regulations 52

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Globalization Partners

NOVEMBER 17, 2023

The HR Department’s Complex Challenge The HR department, the backbone of any organization, often grapples with numerous pain points when it comes to global expansion. This not only reduces repetitive tasks but also minimizes the risk of data entry errors, creating a seamless process for global hiring.

Advisory 52

Advisory Data Entry Human Resources Regulations 52

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 52

Regulations Global Hiring Payroll Insurance 52

Globalization Partners

OCTOBER 7, 2022

percent , providing further evidence of a tight labor market. While this measure is promising for the country’s tech companies, it won’t be enough to provide an immediate solution to the pressures on the labor market created by the border restrictions, mass turnovers, and lockdowns of the Covid pandemic. But how should it be done?

Payroll 52

Payroll Flexibility Global Hiring Manufacturing 52

Globalization Partners

AUGUST 15, 2022

Global hiring can be complex, especially if companies are unprepared. Organizations need to comply with detailed legislation and learn the inner workings of international job markets. By using a global employment platform, they can easily access all the resources and expertise required to support their global growth.

Payroll 40

Payroll Regulations Global Hiring Marketing 40

Globalization Partners

NOVEMBER 4, 2022

As 2022 winds down and companies continue to source remote candidates from global locations – digital recruitment, also known as digital HR, has never been more vital to the sourcing of skilled talent and ensuring they have a pleasant hiring experience.

Human Resources 52

Human Resources Sourcing Global Hiring Out-Tasking 52

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.

E-Commerce 52

E-Commerce Banking Payroll Insurance 52

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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Government Global Hiring Flexibility Payroll 40

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. And wait some more. In the U.S.,

Insurance 52

Insurance Healthcare Jobbing Government 52

Zinnov

MARCH 21, 2024

The last two years saw unprecedented churn in the global talent landscape. From the Great Resignation or the Great Reshuffle in the year 2022 to the global hiring freezes and big layoffs in 2023 – talent leaders are struggling to adapt to these seismic shifts. They must headline talent strategy for next-gen relevance.

Flexibility 52

Flexibility Analytics Cybersecurity Global Hiring 52

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. Prioritize diversity and inclusion.

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