Global compliance is when a business follows the rules and regulations in each country they do business in as well as overarching international labor laws. When going global many businesses make compliance mistakes which can lead to legal headaches and workflow disruption. To keep you compliant we’ve created a guide to navigating international laws and regulations. Key takeaways Global …
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You trust your provider to offer complete expertise and transparency on labor requirements wherever you engage talent. However not every global EOR takes the time to understand individual market nuances. Others don’t fully communicate to clients about cost and compliance requirements.Transparency and expertise are especially important when it comes to your social contributions otherwise known as …
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The main differences between an independent contractor and a sole proprietor are the way income is tracked and how the product is delivered to the customer. Independent contractors often provide services to clients and track their income on a 1099 form. Sole proprietors on the other hand often provide a product to a customer and are responsible for their own income tracking. Though both are …
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To ensure sustainability in today’s evolving business environment companies must into their overall business strategy for healthy growth and success. Strategic workforce planning helps you assess talent and forecast workforce supply and demand and ensure you have the right people to meet your long-term business goals. The following guide explores strategic workforce planning its purpose …
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China is a great choice for any organization looking to expand its business abroad. The country’s rapidly growing economy and large number of opportunities make it so that many different businesses can thrive there. Before entering the market businesses should learn the ins and outs of China’s social credit system. The social credit system was designed to make sure individuals and businesses in …
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The past few years have been unprecedented for business leaders in many ways. From a shift to remote work added emphasis on mental wellbeing in the office and many consumers shifting their demands to virtual solutions many business leaders have had to be flexible and .But among the many changes in business is a trend of employee advocacy and self-empowerment that some have dubbed The Great …
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In the world of work there are more high-paying remote jobs now than ever before. With more and more organizations hiring located across the globe there’s a pressing need for remote talent of all skill levels and backgrounds. In Velocity Global’s Work in Progress Report for 2022 more than 72 of the companies we surveyed from the United States and the United Kingdom will maintain a distributed …
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What do hiring and dating have in common? It’s all about finding the one. And once you’ve found your perfect match you don’t want to let them get away. That’s where an effective hiring funnel comes in. A hiring funnel also known as a recruitment funnel can help you lay out your hiring process from top to bottom to make sure it’s streamlined effective and successful at attracting the candidates …
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As a remote professional it’s important to understand the differences between working as a contractor and an employee. There are various employment and tax implications of each option as well as compliance risks that the hiring company should be aware of.Should I be a contractor or an employee?The answer to this question will initially revolve around personal preferences and the market for your …
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Engaging with contractors has many benefits It allows companies to target talent with specialized skills efficiently delegate projects without hiring or training additional employees and even expand into new international markets. Great talent can be located anywhere. But that also means the contractor who aligns best with the business’s needs might be in a different country. That’s where …
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