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Remote Work, Global Hiring Drive Explosive Growth in ‘Employer of Record’ Partnerships—Everest Group

Everest Group

DALLAS, February 21, 2023 — Everest Group research suggests that 71% of organizations want to improve their geographical footprint; however, global expansion can be a complex and lengthy process, with organizations needing to navigate new legal systems, regulations, taxes, cultures, languages and more.

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Expat Employee Benefits: Considerations for Global Employers

Velocity Global

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. It’s the employer’s duty to ensure the health and safety of their employees.

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HR Outsourcing Service Providers Rising to Meet New Demands for Digital Transformation

Avasant

To address these challenges, enterprises are increasingly relying on service providers for flexible HR operations and digital transformation. These trends, and others, are covered in our new Global Hire-to-Retire Business Process Transformation 2021-22 RadarView. Challengers: Capita, CGI, Safeguard Global.

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Benefits and Challenges of Expanding to Canada

Globalization Partners

For this reason, you’ll likely find consumers for your company’s products and services. In 2019, the goods and services trade across that border totaled about US$718.4 Navigating regulations. Regulations also restrict international exports in some markets. Moreover, Canada’s economy is highly stable.

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Hiring Employees in China: 3 Options for Global Employers

Velocity Global

An employer of record (EoR) is a third-party organization that hires, pays, and manages your distributed workforce on behalf of your company. Also regarded as a Foreign Enterprise Service Company (FESCO) in China, an EoR allows you to attract top talent in China and expedite the onboarding process without setting up a legal entity.

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Global Compliance: How to Stay Compliant When Hiring Internationally

Velocity Global

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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Globalization Benefits and Challenges

Velocity Global

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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