Video Learning Series Discover what an employer of record does hiring contractors vs. employees calculating employee costs and more. Episode 1 What Is an EOR? Learn how an employer of record EOR serves as the legal employer for an international workforce. Dive into when you should use an EOR and how to choose a provider that’s right for your business. Episode 2 Should I Hire a Contractor or an …
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All you need to know about EOR Dive into what an EOR manages such as onboarding payroll benefits and more. Plus the advantages of partnering with an EOR to handle administrative tasks and global workforce compliance. “EOR” stands for . If you’ve never heard of one this is a solid intro that will give you an understanding of how an EOR can serve as the legal employer of an international workforce. …
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Who to hire and how to classify Dive into the similarities and differences between full-time employees and contractors the pros and cons of each and why correct classification is key. Correctly classifying employees and contractors is essential to avoid penalties. But just what distinguishes one from the other? This episode delves into the differences between the two and the pros and cons of …
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Accurately budgeting workforce costs Estimate the cost of your global workforce by understanding five key factors gross annual pay payroll taxes onboarding costs statutory benefits and tax considerations. In this episode we’ll explain everything you need to know to forecast the cost of your international workforce accurately. There are five key factors for determining the overall cost of your …
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Choosing the right solution Delve into the capabilities of an employer of record EOR and a professional employer organization PEO their key differences and how to choose which is right for you. This episode unpacks two of the main acronyms in global hiring and PEO professional employer organization. These two hiring solutions seem similar on the surface but in reality provide very different types …
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A key part of global compliance involves navigating value-added tax VAT regulations in foreign markets. This entails collecting reporting and remitting VAT according to local laws while identifying exemptions reductions and refunds to optimize costs. Understanding VAT regulations in multiple countries can overwhelm accounting and finance teams and expose your company to serious risks including …
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Business leaders use a combination of two overarching strategies when expanding an organization organic and inorganic. Understanding the implications of each approach is critical for building a sustainable flourishing business.For instance big companies with large budgets operating in saturated industries can safely lean on inorganic initiatives. However younger companies should focus more on …
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Jeff leads Velocity Global’s Product and Design teams and is responsible for driving the company’s product vision and roadmap in lockstep with our cross-functional teams. With over 20 years of product management leadership Jeff has proven success in leveraging new technologies to deliver impressive product strategies and successfully executing them. This coupled with his customer-centric approach …
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In today’s world of digital infrastructure free trade agreements and information technology global expansion is a viable growth strategy for nearly any company.Still one of the most challenging aspects of expanding overseas involves developing HR policies that adhere to local employment labor and tax laws in multiple countries. Because regulations vary worldwide HR teams must practice extra due …
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Kumar leads Velocity Global’s technology team responsible for shaping the company’s technology platform and driving innovation. He is passionate about building technology that makes a difference in support of our vision to connect companies and talent with opportunities anywhere in the world. Kumar fosters a customer-first philosophy and advocates for close cross-functional collaboration to …
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