July 8, 2020
Goldman Sachs CEO Calls for Ease of Border Restrictions in Hong Kong and China
At the Bloomberg New Economy Forum in Singapore, Goldman Sachs CEO David Soloman said strict border controls in Mainland China and Hong Kong are creating staffing challenges. “Being restricted in terms of leaving or coming back, the family pressure, etc., that’s not a great dynamic for talent,” Soloman said. “That’s certainly a headwind for global […]
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July 8, 2020
Britain’s Financial Sector Aims for 6-month Staff Visa
A Global Talent Mobility report from TheCityUK, City of London Corporation, and EY shows that organizations are looking for a “hybrid” short-term business visa that would allow people to work without the need to go through full work visa requirements. The report showed that after the implementation of Britain’s new immigration system, “financial and related […]
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July 7, 2020
Can The 4-day Workweek Solve the Great Resignation?
The workweek as we know it — Monday to Friday from 9 to 5 — has not always been the norm. This way of working was first implemented by Henry Ford in 1926 when most companies had their employees working 6 days per week, several hours a day. Today, amid a global pandemic that completely […]
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July 7, 2020
Living Anywhere: Will Big Cities Thrive or Dive?
Many companies are making return-to-work optional, allowing permanent remote work. For cities like New York, San Francisco, LA, and Seattle, will the ability for office workers to work from anywhere cause them to thrive or dive? Cities base much of their economies on the office worker spending as much as $6,730 annually (New York City) […]
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July 7, 2020
California Is the State With More Remote Job Openings
The Coresignal’s survey analyzed over 40 million job openings in the U.S. and Europe from 2020 to 2022 and found that California is now the state with the country’s largest share of remote jobs. The United Kingdom ranked first among European countries. However, the U.S. ranking might change this year as many companies in Silicon […]
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July 7, 2020
Are We Headed for a Recession or Already Going Through One?
With post-pandemic after-effects plus an ongoing war, the world has seen one of the highest global inflations of all time. The U.S. is experiencing soaring prices for oil, household goods, monthly bills, and more. According to a recent poll by Morning Consult/Politico, over 60% of American voters feel the country is in the middle of […]
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July 9, 2018
IRS Clarifies Status of 2018 Reimbursements for 2017 Moves
As part of the Tax Cuts and Jobs Act (which became effective on January 1, 2018 and runs through December 31, 2025), the costs associated with household goods moves and final travel to the new location were no longer excludable/deductible from employee income. After the new rules took effect, there remained a question regarding how […]
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July 9, 2016
Global Immigration Update – January 22, 2016
Read the most recent global immigration news. Source: Fragomen Worldwide New procedures that will impact the work permit application process for companies in the United Arab Emirates are expected to be implemented this month, according to a Ministry of Labour (MOL) announcement. In United States immigration news, the Department of Homeland Security released a highly […]
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July 9, 2016
Global Immigration Update – February 24, 2016
Read the latest updates on global immigration. Source: Fragomen Worldwide In United States immigration news, in April, USCIS will only accept employment-based adjustment applications from foreign nationals with a priority date that is current for final action under the State Department’s April Visa Bulletin. The United Kingdom’s Parliament is considering a law that would increase […]
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July 9, 2016
Global Immigration News – April 18, 2016
Get the latest information on global immigration. Source: Fragomen Worldwide In United States immigration news, U.S. Citizenship and Immigration Services received a record 236,000 H-1B cap petitions for employment in Fiscal Year 2017 – a 1.3 percent increase over last year’s total. According to the State Department’s May Visa Bulletin, the cutoff dates for final […]
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