Velocity Global Recognized as a Leader in Employer of Record Solutions for Third Consecutive Year

Velocity Global has been named a Leader in Everest Group's 2023 PEAK Matrix® Assessment for Employer of Record (EOR) Solutions, marking its third consecutive year of receiving this honor. This recognition underscores the company's leadership and innovation in the global workforce management sector, as evaluated against 23 other EOR solution providers. The assessment criteria included vision, capabilities, and market impact, with Velocity Global praised for its comprehensive service offerings and strong focus on compliance.

The company's Global Work Platform™ is a key differentiator, offering businesses a seamless experience for international hiring, management, and payroll across over 185 countries. This platform, combined with Velocity Global's expert legal and HR guidance, ensures compliance with local regulations and simplifies global operations. Priyanka Mitra, Vice President at Everest Group, highlighted the company's additional services such as supplemental benefits, perks, and equity management, alongside its investment in advanced analytics and customer experience enhancements.

Velocity Global's evolution into a strategic global growth partner has been instrumental in its success. The company provides a holistic approach to global expansion, covering hiring, managing, paying, and retaining a global workforce. Francoise Brougher, CEO of Velocity Global, emphasized the importance of borderless hiring in overcoming talent gaps and entering new markets, stressing the need for a frictionless user experience and reliable compliance.

The company's leadership is further validated by its exceptional customer support, compliance management, and expertise in payroll, benefits, mobility, and legal matters across different countries. Velocity Global's dedicated teams of global experts have been commended for their outstanding service and compliance management, making the company a trusted partner for businesses looking to expand internationally.

As the demand for global talent and international expansion grows, Velocity Global's continued recognition as a Leader in the EOR solutions market positions it as a crucial ally for businesses. Its blend of technological innovation, comprehensive services, and expert support offers a robust solution for navigating the complexities of global workforce management. For organizations aiming for global growth or seeking to optimize their international operations, Velocity Global's achievements in the Everest Group's assessment serve as a testament to its capabilities and reliability in the EOR solutions space.