Velocity Global

NOVEMBER 29, 2022

Some companies may decide to initiate their global hiring efforts by engaging contractors instead of hiring employees. However, according to employment law in China, it is illegal for foreign companies to hire contractors directly. Employment Law in China: What Global Employers Should Know. Employment Contracts.

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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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Velocity Global

JUNE 28, 2022

For companies expanding internationally, failing to adhere to local labor regulations may result in fines, tax penalties, and other legal issues that hinder business and productivity. Follow this useful guide to develop global compliance protocols in any country. Reach out today to learn more about staying with global hiring.

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Payroll Regulations Global Hiring Research 75

Velocity Global

OCTOBER 26, 2020

Global business leaders increasingly leverage International PEO as a proven, streamlined global hiring option. NelsonHall’s recent report discusses the growing need for International PEO services and expects the global Employer of Record services market to grow by approximately 28.4% billion by 2024. billion by 2024.

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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.

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Velocity Global

APRIL 7, 2023

Noncompliance Has Severe Consequences Employers and their foreign employees must comply with Saudi employment laws and immigration regulations. As part of our Global Employer of Record (EoR) solution, we help companies quickly and compliantly hire, pay, relocate, and support talent worldwide—no entity establishment required.

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Government Global Hiring Payroll Administrative 98

Avasant

FEBRUARY 3, 2022

These trends, and others, are covered in our new Global Hire-to-Retire Business Process Transformation 2021-22 RadarView. Enterprises with multi-country operations are engaging with service providers who have region-specific expertise and local teams to comply with regional regulations.

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Outsourcing Service Global Hiring Manufacturing 52

Globalization Partners

AUGUST 25, 2021

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. Globalization Partners’ full stack global employment platform can alleviate this burden so companies can focus on more important matters, like growing their teams and scaling new markets.

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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.

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Globalization Partners

OCTOBER 4, 2021

The Spanish government welcomes foreign direct investment (FDI) and encourages it through business-friendly regulations. For most of the EU, along with a few additional countries and microstates in Europe, people traveling internally from country to country do not need to go through border crossing regulations.

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Globalization Partners

AUGUST 23, 2022

To avoid any misunderstandings or issues in the long term, ensure your global mobility policy encompasses every aspect of employee relocation, from compensation for flights to compliance with international labor laws. A global mobility strategy should cover: Data privacy regulations. Keep up with changing in-country regulations.

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Perficient Digital Transformation

MARCH 21, 2022

Minotaur’s ferocious comeback during regulation competition resulted in them qualifying as number 16 seed in the World Championship. It recognizes the obstacles overcome, the fights won, the effort it took, and highlights the teamwork it takes to become a World Champion.

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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.

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Velocity Global

OCTOBER 26, 2020

Transforming from a startup to a global industry leader is a significant milestone for any business. From hiring top talent and staying compliant with local regulations, to intellectual property (IP) protection and global mergers and acquisitions (M&A), international expansion is complicated and difficult to navigate on your own.

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Velocity Global

MAY 23, 2023

If you must offboard an employee, your international PEO partner should ensure compliance with local severance requirements and termination regulations. Velocity Global’s regional teams remain up-to-date with any local employment law changes and perform quarterly reviews to ensure accuracy and compliance with these laws.

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Globalization Partners

MAY 18, 2023

However, like many effective business strategies, global recruitment is not immune to challenges, especially when it comes to compliance with country-specific employment laws. As your partner in global growth, we want to support you in achieving your recruitment goals while adhering to international regulations and standards.

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Velocity Global

JULY 17, 2020

Nonprofit organizations typically work with strict budgets and might not be able to manage the fees for misclassification or hire a legal team to navigate litigation brought against a noncompliant organization. Comply with Changing Rules and Regulations. These requirements include, but are not limited to: Taxes and withholdings.

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Globalization Partners

NOVEMBER 17, 2023

However, the journey towards global expansion has often been hindered by complex regulations, time-consuming processes, and compliance challenges. Enter G-P, the trailblazing leader in the global employment industry, transforming the way companies expand globally at a time of unprecedented change in the workforce.

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Globalization Partners

NOVEMBER 22, 2021

In addition, the rules and regulations for establishing a company, which can be complex and expensive in many countries, are relatively straightforward and economical in Hong Kong. Unfamiliar regulations. You’ll also need to know the regulations that govern establishing and running your business.

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Banking Regulations Accounting Government 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.

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Velocity Global

APRIL 26, 2023

By partnering with a global hiring expert like Velocity Global, you can rest easy as we help you administer statutory and supplemental benefits to talent in your distributed workforce while staying compliant with all local and international laws and regulations.

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Velocity Global

OCTOBER 28, 2022

Because of this liability, it’s crucial for employers who hire independent contractors or sole proprietors in the UK to understand the legislation and its organizational impacts. This guide will help you understand what IR35 legislation is, whether it applies to you, and how you can ensure global compliance with the newest regulations.

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Globalization Partners

OCTOBER 24, 2022

What are the regulations for fintech? While this was the “Big Bang” moment for fintech, it evolved quickly in Europe due to supportive regulators recognizing its potential and impact early on and creating policies and frameworks to encourage its growth. A clear example of this is in Open Banking.

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Marketing Banking Regulations Insurance 40

Velocity Global

FEBRUARY 22, 2022

How Companies Can Benefit From a Global Hiring Funnel . Global hiring comes with many advantages , including more opportunities to hire diverse and new markets to grow into. So for those hiring abroad, a recruitment funnel is a necessity. But it also deepens your potential candidate pool.

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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.

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Payroll Flexibility Global Hiring Manufacturing 52

Globalization Partners

SEPTEMBER 14, 2023

In fact, according to the country’s regulations, up to half of the total salary package can be made up of additions to the base pay. There are many other factors to consider and regulations to understand when accessing India’s tech talent market. The Valmiki Jayanti is observed in both locations, but not in Mumbai.

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NoonDalton

SEPTEMBER 20, 2023

This model is especially beneficial for companies looking to hire internationally without setting up a legal entity in the hiring country. Pros of Using an EOR: Simplifies International Hiring Processes: Venturing into international markets often comes with a slew of complex employment regulations and requirements.

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Globalization Partners

MAY 25, 2022

In China, the labor law states that an employment relationship exists if an individual is subject to a company’s rules and regulations, if the worker’s services are vital to the company, and if the company has a right to control the professional’s work.

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Payroll Out-Tasking Government Global Hiring 52

Velocity Global

AUGUST 21, 2020

Financial Crisis Inquiry Commission determined multiple causes for the Great Recession, including: A general lack of financial oversight by regulating bodies. While a single event spurred today’s financial decline, the Great Recession resulted from a series of systemic flaws that went unaddressed for years.

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Reduced Costs Marketing Global Hiring Flexibility 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. Every country has challenges for companies looking to hire. Support from local experts.

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Globalization Partners

APRIL 28, 2022

Comply with the law: Remember that different countries have different rules governing classifying, hiring, and paying contractors. You’ll need to research the regulations in your area and abide by them. Tax obligations when you’re hiring independent contractors.

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Velocity Global

SEPTEMBER 30, 2020

Due to its progressive regulations and welcoming mentality toward new fintech businesses, Lithuania is one of the EU’s most attractive fintech destinations. By hiring from the right international talent pools, you gain an advantage over companies competing for workers in more crowded and costly markets.

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Marketing Banking Government Labor Costs 52

Globalization Partners

AUGUST 30, 2022

The continent is constricted by a diverse language pool, different payment methods, and varying regulations across the bloc. However, a successful talent acquisition strategy is needed to prevent tech companies from running into unnecessary roadblocks during the global hiring process.

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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.

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Velocity Global

MARCH 30, 2020

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.

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Payroll Jobbing Marketing Labor Costs 52

Velocity Global

JUNE 6, 2023

That’s why we’re here to help you stay at the forefront of what’s new and next in HR, global hiring, business, and so much more. Topics This Month Artificial Intelligence (AI) Hiring Trends Compensation and Benefits Good News Artificial Intelligence (AI) Will artificial intelligence (AI) technology take my job?

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Velocity Global

DECEMBER 16, 2022

For employers looking to hire talent, benefits play a significant role in today’s competitive global hiring landscape. Other challenges that come with offering supplemental benefits to a global workforce include: Complying with foreign benefits laws, managing various benefits costs, and keeping up with changing regulations.

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