Velocity Global, a leader in global workforce solutions, has announced its expansion into El Salvador and Georgia, alongside securing a Haken business license in Japan. This move is a direct response to the increasing demand for compliant and efficient international workforce management solutions. The expansion is strategically timed, as companies worldwide seek to navigate the complexities of hiring specialized talent, entering new markets, and supporting mergers and acquisitions across borders.
Georgia's appeal lies in its burgeoning economy and strategic positioning between Europe and Asia, making it an attractive hub for businesses aiming to expand their regional operations. El Salvador, with its modernized foreign trade operations, improved infrastructure, and investment-friendly legal framework, presents a conducive environment for foreign businesses. Laura Isaza, Vice President of Subsidiary Management and Corporate Governance at Velocity Global, highlighted the critical role of compliance in international operations, stating, 'Companies looking to engage talent in new markets must comply with local rules and regulations, in addition to unwritten rules and employee expectations.'
The company's Global Work Platform™, integrated with leading HR technologies, offers a comprehensive solution for hiring, paying, and managing employees globally. This cloud-based platform, supported by Velocity Global's legal and HR expertise in over 185 countries, provides businesses with a robust tool for global expansion. In Japan, the acquisition of a Haken license ensures compliant Employer of Record (EOR) services, a necessity given the country's stringent government scrutiny of employee hiring documents.
This expansion not only reinforces Velocity Global's commitment to facilitating compliant global workforce solutions but also has significant implications for businesses and job seekers. For businesses, it offers a pathway to tap into international talent pools without the legal and reputational risks associated with non-compliance. For job seekers in El Salvador and Georgia, it opens doors to opportunities with international companies, potentially spurring economic growth and foreign investment in these regions.
As the global economy shifts towards more remote and borderless work arrangements, services like those provided by Velocity Global are becoming indispensable. By ensuring compliance and simplifying the process of global talent acquisition, Velocity Global is at the forefront of shaping the future of work. More information about their solutions can be found at https://www.velocityglobal.com.
