Hire in Europe
Are you planning to hire in Europe?
Building a global remote team in today’s job market is one of the key identifiers of growth as it expands an organization’s global reach and consumer base. Another sweet spot to going international is the access to building your team from the global pool of top talent.
While there are many benefits to building a global remote team, the process of hiring in Europe and building a global team can be complex, challenging, and time-consuming. However, with the aid of an Employer of Record like Skuad, you can hire in Europe and enjoy the numerous benefits of growing a global remote team with no hassle.
Tech Hiring Trends in Europe
The Covid-19 outbreak had a disastrous effect on the world economy in 2020, as is widely known. Following the relaxation of lockdowns across Europe, the economies gradually began to perk up with resumed commercial activity.
The following are some of the 2021 European tech trends data aggregated by Burning Glass, and CompTIA.
- Economic growth is expected to be 6.4 percent in Spain at 1198 billion, 6.0 percent in Romania at 237 billion, 5.8 percent in France at 2409 billion, and 4.2 percent in Italy and the Czech Republic at 1727 billion and 226 billion, respectively.
- Other nations anticipated for lower-end growth include Belgium (4.0% at 475 billion), Portugal (3.9% at 211 billion), Germany (3.6% at 3542 billion), the Netherlands, and Poland, all of which are projected for 3.5 percent growth.
- In comparison to other nations like the United States, the unemployment rate in European countries has been relatively consistent during the height of the Covid-19 epidemic, with the exception of Spain, which has an unemployment rate of more than 15% in 2020.
- In order to recover from the effects of the pandemic and the delay in recruiting activities, there is a 9 percent rise in hiring activities in Q1 2021 compared to Q4 2020 and a 40% increase compared to Q3 2020. Tech job posts reached a record high of over 900,000 in Q1 2021, up from 600,000 in Q1 2020, around 400,000 in Q2 2020, and over 600,000 and nearly 800,000 in Q3 and Q4 2020, respectively.
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Hire with Skuad
Skuad’s global HR platform enables you to hire, onboard, manage payroll and ensure full compliance with the employment laws and tax in over 150 countries. Whether you plan to hire full-time employees or contractors, Skuad enables you to hire in Europe without requiring you to set up a subsidiary, thereby saving time and money while ensuring full compliance with the employment laws and tax regulations.
Hire your dedicated team of professionals in Europe with the right set of skills that suits best for your organization with the help of Skuad experts.
Hire, onboard, pay, and manage your remote team in Europe.
To build a global remote team and hire in Europe, talk to our People Ops experts today, Book a Demo with Skuad.