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 97

Payroll Global Hiring Insurance Healthcare 97

Globalization Partners

AUGUST 4, 2022

With global hiring gaining importance for companies looking to stay one step ahead of their competition, leveraging platforms that automate key processes like contract generation, entity setup, onboarding, and payroll can make or break a company’s success in today’s business world.

Global Hiring 111

Global Hiring Payroll Flexibility Automation 111

Velocity Global

NOVEMBER 29, 2022

They handle everything from onboarding and payroll to risk mitigation so you can focus on overseeing day-to-day employee tasks and business operations while maintaining compliance with Chinese labor laws. Some companies may decide to initiate their global hiring efforts by engaging contractors instead of hiring employees.

Payroll 98

Payroll Out-Tasking Regulations Global Hiring 98

Everest Group

FEBRUARY 21, 2023

EOR offerings can span the entire employee administration value chain and include services such as onboarding, benefits provision and administration, time and expense management, and payroll. These findings and more are detailed in Everest Group’s recently published report, “ Employer of Record (EOR) – State of the Market 2023.”

Global Hiring 52

Global Hiring Administrative Payroll Regulations 52

Velocity Global

MAY 23, 2023

International PEOs, on the other hand, handle all employment responsibilities on a company’s behalf—from onboarding to payroll, taxes, benefits, talent relocation, and compliance. A more accurate term for international PEO is a global employer of record (EOR), which we discuss below. Talent retention. Streamlined support.

Payroll 97

Payroll Administrative Right-Sizing Marketing 97

Globalization Partners

MARCH 30, 2022

You must also remember that your global employment platform will provide your international team members key services, such as payroll. Payroll issues. Every country has different payroll requirements and processes. Paying multiple team members in different currencies worldwide requires help from global payroll experts.

Payroll 98

Payroll Customer Service Global Hiring Service 98

Velocity Global

OCTOBER 13, 2022

Velocity Global received multimillion-dollar investments, including a $400 million Series B earlier this year that will be used to enhance and broaden its technology and solutions, while recent acquisitions of iWorkGlobal and ShieldGeo allowed the company to further expand its capabilities and reach. Breadth of solutions and coverage.

Global Hiring 111

Global Hiring Payroll Customer Support Marketing 111

Velocity Global

JUNE 28, 2022

One major concern for companies expanding internationally is conducting payroll overseas. Incorrect payroll contributions or late payments lead to penalties and fines as well as reputation damage in the foreign market. An overlooked aspect of global compliance is the international tax concept of permanent establishment.

Payroll 75

Payroll Regulations Global Hiring Research 75

Globalization Partners

AUGUST 25, 2021

Countries with no prior entity set up face possible tax, benefit, and payroll challenges. In order for companies to compliantly hire team members in countries where they don’t have an established presence, they must set up a business entity. Many were limited to just payroll processing, accounting, and tax services.

Payroll 98

Payroll Flexibility Out-Tasking Global Hiring 98

Globalization Partners

JUNE 7, 2022

With the declining population and shrinking talent pool, South Korea-based companies must embrace global hiring and consider innovative technology solutions to solve the talent gap. Leveraging technology to solve the talent gap: How wondermove accelerated its expansion and hired the best talent.

Engineering 98

Engineering Payroll Government Software 98

Velocity Global

OCTOBER 6, 2021

For example, globalization gives companies the opportunity to explore tech talent in booming markets such as Berlin or Stockholm, rather than Silicon Valley. Again, International PEO allows companies to compliantly employ workers overseas, without having to establish a legal entity , making global hiring easier than ever.

Payroll 119

Payroll Jobbing Marketing Labor Costs 119

Velocity Global

AUGUST 10, 2020

Then, economic growth can resume and HR departments can return to their strategic plans, including global hiring. Growth strategies must now include safety protocols, real-time local knowledge, and contingency plans that account for immediate global shutdowns. As a result, businesses’ global hiring plans need to stay flexible.

Flexibility 52

Flexibility Global Hiring Administrative Payroll 52

Globalization Partners

OCTOBER 5, 2021

They are not employees of the companies they work for, so they are not placed on companies’ payrolls and do not receive benefits. We can offer your international employees competitive and legally compliant contracts and handle payroll, taxes, and benefits so you can focus on fostering positive relationships with your employees.

Payroll 96

Payroll Government Design Out-Tasking 96

Global Expansion

NOVEMBER 17, 2022

In 2020, 32% of finance executives engaged with a global EOR. Another 90% believe that a trusted global EOR performs better than a typical company in handling global payroll, tax obligations, and the complex legalities of global hiring.

Service 52

Service Global Hiring Payroll Finance 52

Velocity Global

APRIL 7, 2023

Additionally, an EoR takes on employer responsibilities such as onboarding, payroll, visa administration, and compliance with local employment and immigration laws, while you own management tasks like compensation, position duties, projects, and performance management.

Government 98

Government Global Hiring Payroll Administrative 98

Velocity Global

OCTOBER 26, 2020

International PEO (Professional Employer Organization), also known as an Employer of Record (EOR), provides companies with a quick and compliant hiring solution, virtually anywhere in the world. Global business leaders increasingly leverage International PEO as a proven, streamlined global hiring option. billion by 2024.

Global Hiring 52

Global Hiring Right-Sizing Regulations Payroll 52

Velocity Global

MARCH 20, 2023

Global hiring lets you quickly acquire the talent you need to stay competitive. Inclusive global companies are: 1.8x Entity Setup Setting up entities allows companies to hire compliantly across borders—but it’s a costly, tedious, and time-consuming process. more likely to be change-ready 1.7x What is an EoR?

Global Hiring 52

Global Hiring Jobbing Administrative Marketing 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. Learn more: What Is an Employer of Record?

Payroll 52

Payroll Insurance Administrative Right-Sizing 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 Payroll Flexibility Out-Tasking 52

Velocity Global

AUGUST 19, 2020

There are many ways to do this, such as setting up an entity, hiring foreign independent contractors, or utilizing other global hiring solutions. There is another option that has benefits over both a branch and a subsidiary, and that is choosing a global hiring solution, such as a Global Employer of Record.

Global Hiring 52

Global Hiring Payroll Manufacturing Regulations 52

Velocity Global

FEBRUARY 3, 2022

For example, a fintech company looking for an alternative to London’s highly competitive hiring landscape can turn to an emerging market like Lithuania. Not every global hiring method offers time and costs savings compared to upskilling programs. Hire the World’s Best Talent With Velocity Global.

Global Hiring 52

Global Hiring Jobbing Out-Tasking Cybersecurity 52

Velocity Global

APRIL 27, 2021

Challenge #4: Delivering International Payroll Services. Making errors when delivering payroll for international employees is all too easy for HR teams. Furthermore, HR leaders with teams in more than one market must spend extra time learning various payroll interfaces and meeting the requirements of multiple foreign banks. .

Payroll 52

Payroll Right-Sizing Jobbing Out-Tasking 52

Globalization Partners

JANUARY 7, 2022

Team up with a global employment platform. Working with a global employment platform like Globalization Partners makes managing distributed teams a breeze. Our AI-driven global employment platform takes care of payroll, contract generation, employee onboarding, and legal compliance.

Management 105

Management Out-Tasking Software Collaborations 105

Globalization Partners

OCTOBER 7, 2022

Modern global employment platforms support companies by managing and hiring international talent, and ensuring compliance and convenience across several countries. Payroll, taxes, and other employment regulations are managed without costly and time-consuming research and investment on the employers’ side.

Payroll 52

Payroll Flexibility Global Hiring Manufacturing 52

Globalization Partners

SEPTEMBER 28, 2021

Peace of mind: Your company gains the peace of mind of knowing its hiring and payroll tax practices are compliant. Globalization Partners employs teams of experienced professionals who are well versed in the nuances of Canadian law, so they can ensure compliance with even the most minor details of Canadian labor and tax regulations.

Regulations 98

Regulations Insurance Sales Marketing 98

Globalization Partners

OCTOBER 4, 2021

An ideal solution for many companies is to work with an Employer of Record (EOR) that can put your European employees on their payroll and handle other HR functions to ensure you employ them in a way that is fully compliant with the laws of the employee’s home country.

Right-Sizing 98

Right-Sizing Research Regulations Marketing 98

Velocity Global

OCTOBER 28, 2022

IR35 legislation, also known as intermediaries’ legislation or “off-payroll working rules,” is designed to close the “deemed employment” tax loophole when firms hire contractors to fulfill the roles of employees. Download our Expansion Checklist to prepare for your global hiring strategy. Looking to expand into the U.K.?

Payroll 52

Payroll Regulations Right-Sizing Global Hiring 52

Velocity Global

OCTOBER 26, 2020

International PEO (Professional Employer Organization), also known as an Employer of Record (EOR), provides companies with a quick and compliant hiring solution, virtually anywhere in the world. Global business leaders increasingly leverage International PEO as a proven, streamlined global hiring option. billion by 2024.

Cybersecurity 40

Cybersecurity Global Hiring Right-Sizing Regulations 40

Velocity Global

OCTOBER 6, 2022

Peru has a unique set of labor laws, payroll taxes, and employment contracts that are challenging for a foreign enterprise to manage on its own. Fortunately, Velocity Global can help you unlock the power of global hiring without any of the headaches.

Global Hiring 52

Global Hiring Payroll Management Marketing 52

Globalization Partners

NOVEMBER 17, 2023

To this end, they’ve introduced innovative bulk features, streamlining tasks such as employment contract creation, payroll requests, and equity reporting. 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

Compliance : Labor, tax, and payroll laws vary by country and are constantly evolving. 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

APRIL 17, 2023

For instance, hiring remote workers across time zones means you have teammates available to respond to urgent tasks or client needs throughout the entire 24-hour cycle. Compliance Offering competitive global benefits, hiring across borders, and executing payroll compliantly are no easy tasks.

Out-Tasking 52

Out-Tasking Reduced Overhead Payroll Global Hiring 52

Velocity Global

MARCH 7, 2023

Global hiring and expansion present exciting business opportunities. An EoR is a third-party partner that serves as the legal employer of your global talent. Velocity Global’s Employer of Record (EoR) solution allows companies to expand across borders quickly without setting up a subsidiary.

Government 52

Government Global Hiring Flexibility Payroll 52

Velocity Global

MAY 19, 2023

Compliantly Hire Top Candidates Once you have chosen the ideal candidate, familiarize yourself with the labor laws in their country of residence to ensure compliance when hiring them. Establish a Foreign Legal Entity Entity establishment is the traditional route for global hiring and expansion.

Human Resources 52

Human Resources Right-Sizing Payroll Administrative 52

NoonDalton

SEPTEMBER 20, 2023

The employees technically remain under the agency’s payroll, but they work full-time for the leasing company, essentially becoming an extended part of the team. Administrative Responsibilities Staff Leasing: Reduced administrative responsibilities as the leasing agency handles many aspects like payroll, benefits, and HR compliance.

Administrative 52

Administrative Out-Tasking Payroll Right-Sizing 52

Globalization Partners

AUGUST 15, 2022

Global hiring can be complex, especially if companies are unprepared. By using a global employment platform, they can easily access all the resources and expertise required to support their global growth. Moreover, customized payroll reports allow invoicing and payroll data to be analyzed in a single place.

Payroll 40

Payroll Regulations Global Hiring Marketing 40

Velocity Global

JULY 9, 2021

Meet Your Local and Global Hiring Needs With a Trusted Partner. states and global markets presents real HR challenges, from providing payroll and benefits to compliantly classifying talent as independent contractors or employees. However, engaging talent in new U.S.

Flexibility 52

Flexibility Jobbing Human Resources Global Hiring 52