A work permit is an official government-issued document that authorizes an individual to work in a specific country. … The purpose of a work permit is to regulate and control the employment of foreign nationals within a country. A work permit is also commonly known as an employment authorization or employment visa. … Work permit vs. work visa … While "work permit" and "work visa" are often used …
Type: Glossary
A performance bonus is an incentive provided by employers to employees based on individual, team, or company-wide achievements and contributions. … Performance bonuses can be monetary or non-monetary. Non-monetary bonuses include extra vacation days, professional development opportunities, recognition, or gifts. … Types of performance-based bonuses … Organizations may offer various types of …
Type: Glossary
The U.K. is a favorable location for global companies eyeing expansion. The U.K. provides access to a large and affluent consumer market and it’s known for its ease of doing business. Plus its various international trade agreements allow companies to easily access other foreign markets.Additionally the U.K. has a well-developed legal system transparent regulations tax incentives and a strong …
Type: Resource (Article)
One of the main challenges global companies face when building a distributed workforce in Mexico is navigating the country’s complex payroll tax regulations. Calculating tax liabilities for the Social Security scheme alone poses serious compliance risks.Fortunately some due diligence goes a long way in minimizing risk exposure and simplifying payroll administration for your Mexican workforce.Read …
Type: Resource (Article)
In 2016 Microsoft sold its feature phones-related assets to HMD Global Oy and its partner a large multinational electronics contract manufacturing company. In 2016 HMD also signed a strategic licensing agreement with Nokia Technologies the advanced technology and licensing unit of Nokia Corporation giving HMD sole use of the Nokia brand on mobile phones and tablets worldwide for the next …
Type: Resource (Article)
Type: Classification Tool results
Why choose Velocity Global over Remote? We consistently rank higher than competitors like Remote in analyst reviews as a leading Employer of Record EOR. See how we compare to Remote. READY SET COMPARE Velocity Global vs. Remote We’re an EOR industry leader Velocity Global’s third-party reputation speaks for itself higher rankings rigorous compliance and deeper local expertise than Remote. …
Type: Component Page
Type: Classification Tool results
Type: Classification Tool results
Welcome to Part One of Global Growth 101 a six-part blog series that highlights key components and research strategies for global expansion. Each part covers specific fundamentals of international growth and collectively offers thought-starters and strategies for successful expansion.Labor Law and Regulatory ComplianceExpanding into global markets offers growth opportunities but requires …
Type: Resource (Article)
