Payroll recordkeeping isn’t just a routine administrative task; it’s a legal obligation with serious implications for businesses. Federal and state agencies require employers to retain payroll documents to verify compliance with tax wage and . Failing to maintain accurate records can result in penalties audits or legal disputes making proper retention a critical component of risk management.In …
Type: Resource (Article)
The East African Community EAC is an emerging hotbed for global business expansion that offers rapid economic growth and unparalleled regional integration. Comprising eight member countries from Kenya to Uganda this intergovernmental organization has established a unified market of over 330 million people and a collective .Global companies are turning to the EAC for its talented workforce cost …
Type: Resource (Article)
For businesses managing international teams non-compliance is a substantial legal risk that threatens fines operational disruptions and reputational harm. With remote work cross-border hiring and evolving data privacy laws reshaping the landscape has become a priority for maintaining trust and continuity in global operations.Proactive compliance is no longer optional but a strategic imperative. …
Type: Resource (Article)
Cross-border mergers and acquisitions M&As in 2025 are high-stakes ventures shaped by geopolitical shifts regulatory complexity and workforce diversity. For HR leaders aligning global teams while navigating local labor laws cultural differences and is critical to unlocking deal value.Missteps in people management—like poorly integrated benefits or unresolved payroll discrepancies—can derail even …
Type: Resource (Article)
Global expansion offers access to new markets and talent pools but is fraught with risks. Not only do most startups fail with the indicating that 90 of them eventually fizzle out but misaligned market entry strategies and regulatory oversights can cripple operations even quicker.From compliance minefields to talent mismanagement organizations must navigate a web of complexities—tax codes …
Type: Resource (Article)
James Loftus is Chief Financial Officer at Velocity Global where he drives financial strategy to position the company as the leading EOR platform empowering businesses to hire and manage global talent seamlessly. With over 20 years of experience leading high-performing teams in fintech M&A and venture capital James was previously Managing Partner at PayPal Ventures where he led the 1B+ …
Type: Person
DENVER and PALO ALTO May 28 2025 — the leading provider of Employer of Record EOR today announced the appointment of James Loftus as Chief Financial Officer. “James is an outstanding addition to our team. His extensive experience in scaling high-growth businesses will be critical as we continue to lead the Employer of Record EOR category” said Francoise Brougher CEO of Velocity Global.”We’re …
Type: News
Currency fluctuations can insidiously complicate global payroll management. As companies hire across borders volatile exchange rates can turn predictable salary expenses into financial uncertainty. Sudden shifts in currency values disrupt budgeting create compliance risks and may leave employees underpaid or overpaid through no fault of their own.For HR and finance teams navigating these …
Type: Resource (Article)
A performance improvement plan PIP is a formal process organizations use to address employee underperformance whether in traditional or .This structured document outlines specific performance deficiencies sets clear and measurable goals and establishes a timeline for improvement. The PIP details the actions employees should take to meet expectations. To facilitate their progress it also provides …
Type: Resource (Article)
Expanding operations into Suriname can open new doors for employers seeking talent in a growing South American market. But before hiring foreign nationals understanding the local rules for work visas and authorization is essential. Suriname has specific regulations that apply to both employers and foreign employees-and failure to comply can lead to delays fines or even visa rejection.This guide …
Type: Resource (Article)
