How Effective Performance Reviews for Remote Employees Help You Boost Retention
Velocity Global Blog
by Bree Caggiati
11M ago
Retaining employees is no easy feat in today’s fast-moving talent marketplace. As people value growth and flexibility more than ever, they’re constantly looking for new ways to advance their skills and careers. Fortunately for employers like you, talent doesn’t have to move to a new company to take the next step professionally. When you give your employees the ability to rise within your organization, you help them upgrade their job titles, responsibilities, and compensation—while keeping them on your team. Helping employees grow within your company requires understanding how they are perform ..read more
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Managing Remote Teams: Tips and Tricks for Global Employers
Velocity Global Blog
by velocityglobal
11M ago
Today, businesses offer remote work options to employees and build distributed teams as unique opportunities for global growth and improved company productivity. By building a remote workforce, organizations can source from a larger talent pool, improve employee well-being, and reduce churn. Additionally, talent today desires a greater work-life balance, making the opportunity to work remotely one of the most in-demand job benefits. However, operational challenges and compliance risks arise when businesses switch from physical to virtual offices. Read this guide to learn how remote work benef ..read more
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Future Proof: May Insights on HR and Workplace News
Velocity Global Blog
by Bree Caggiati
11M ago
Welcome to Future Proof—your monthly guide to what’s happening in the world of HR! If you’ve been wondering how to stay up to date with HR trends, we’ve got you covered. These days, the world of business is changing, fast—it can feel impossible to stay looped in. That’s why we’re here to help you stay at the forefront of what’s new and next in HR, global hiring, business, and so much more. Read our top news picks for this month to learn more. Topics This Month Artificial Intelligence (AI) Hiring Trends Compensation and Benefits Good News Artificial Intelligence (AI) Will artificial intellig ..read more
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Minimum Wage by Country in 2023: A Guide for Global Employers
Velocity Global Blog
by velocityglobal
11M ago
Global expansion empowers companies to take advantage of various growth opportunities, such as access to new markets, lucrative tax incentives, and engaging a larger talent pool. However, to avoid fines, damaged business reputation, and even jail time, global businesses must comply with minimum wage requirements in each jurisdiction in which they operate. Understanding minimum wage requirements worldwide is also critical for measuring total employee costs as you plan for and build a distributed workforce. Read this guide for a breakdown of minimum wage requirements by country and region. Plus ..read more
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Employee Spotlight: Meet Velocity Global’s Vice President of Product Design, Winnie Wong
Velocity Global Blog
by velocityglobal
11M ago
Welcome to Velocity Global’s Employee Spotlight Series, where we will be introducing some of the newest members of the Velocity Global team! Meet Winnie Wong The strongest product and technology teams are built with individuals who have a unique mix of technical skills and creativity. They are eager to problem solve and ready to collaborate on a team. Winnie Wong, Vice President of Product Design, not only embodies these characteristics but also joins Velocity Global with over 20 years of experience in both design and leadership. With a dedication to delivering exceptional design solutions an ..read more
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International Staffing: Problems and Solutions for Global Hiring Teams
Velocity Global Blog
by velocityglobal
11M ago
International staffing is a necessary piece to your global expansion puzzle. Moving into a new market requires hiring local employees to effectively and efficiently assist with growth. But global market expansion isn’t the only reason companies embrace international staffing. Today’s connected digital world has opened businesses up to global talent pools, allowing companies to recruit and hire the right people for the job—regardless of location. While global hiring offers many benefits, it’s not safe from problems. Companies seeking to hire international staff must know how to navigate the ch ..read more
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Five Strategies to Reduce High Turnover Rates
Velocity Global Blog
by velocityglobal
11M ago
More than two years since the Great Resignation took the world by storm, HR leaders still have their hands full trying to keep their teams together. More than eight in 10 global organizations (83%) say they face significant talent retention challenges, according to a recent survey. What’s more, their struggles line up with employee attitudes: 73% of United States workers say they are actively considering quitting in 2023. There is good news, though. By taking the right steps, you can improve your ability to capture and retain talent today—and set up your company for sustained success tomorrow ..read more
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Velocity Global Announces New Product Enhancements and Technology Integrations as Demand for Global Hiring Increases
Velocity Global Blog
by velocityglobal
11M ago
DENVER, May 25, 2023 — Velocity Global, the world’s expert on work, today announced new platform updates to improve the customer experience, accelerate the hiring process, and help companies more strategically meet escalating hiring demands and complexities. In addition to a more seamless, intuitive user experience and improved onboarding management, customers will also have access to a new technology integration with leading HR platform Lever. The integration allows HR managers and leaders to hire globally faster while also giving them full visibility into the employee lifecycle without havi ..read more
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Introducing an Improved User Experience With Our Updated Global Work Platform™
Velocity Global Blog
by velocityglobal
11M ago
Managing talent is hard enough when your employees are located in the same place. When your teams are spread across the world, your job becomes even more complex. Velocity Global is here to make it easier. Today, we’re excited to announce our updated Global Work Platform. Enhanced with your and your talent’s needs in mind, it now features a more intuitive design, improved visibility of core workflows, and more streamlined navigation—helping you build your global dream team more smoothly. Three Ways We’ve Enhanced Our Global Work Platform The latest updates to Global Work Platform include: Sl ..read more
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Expat Employee Benefits: Considerations for Global Employers
Velocity Global Blog
by velocityglobal
11M ago
In today’s international marketplace, more companies are sending employees on assignment overseas or implementing a global mobility policy that allows employees to work abroad. In fact, millions of expatriates live and work around the globe, and those numbers are only expected to rise. As expatriate employment increases, employers must provide comprehensive expat benefits that not only help retain talent and ease the stress of relocation but comply with local labor laws. Learn the employee benefits to consider providing to expats when sending them abroad and how to ensure compliance with inte ..read more
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