Velocity Global

JANUARY 20, 2023

Foreign employers looking to hire employees in Malaysia must familiarize themselves with local legislation to avoid noncompliance penalties such as fines, back pay, and even imprisonment. This guide summarizes the main points of Malaysian employment law and explains how to compliantly hire employees in Malaysia. Work agreements.

Payroll 52

Payroll Insurance Administrative Human Resources 52

Velocity Global

JANUARY 9, 2023

This guide covers everything global businesses need to know about hiring employees in Mexico. How to Hire Employees From Mexico: What Are Your Options? Foreign businesses can hire employees in Mexico by setting up a legal entity or partnering with an employer of record. The Mexican government highly prioritizes employee rights.

Payroll 52

Payroll Right-Sizing Government Banking 52

Velocity Global

OCTOBER 20, 2022

Expanding overseas and hiring employees in Australia is a great way for remote employers to grow their businesses in the APAC region. However, onboarding foreign workers presents challenges for global companies, such as knowing how to correctly classify employees versus contractors and remaining compliant with local labor laws.

Payroll 52

Payroll Insurance Software Administrative 52

Velocity Global

DECEMBER 7, 2022

take full responsibility for their business operations and manage their work without supervision or receiving employee benefits. By contrast, employees in the U.K. Employees receive benefits, such as sick leave and maternity leave, and are protected against unfair dismissal. In addition to contractors and employees, the U.K.

Banking 52

Banking Insurance Out-Tasking Accounting 52

Velocity Global

MARCH 24, 2023

Compliance is critical to managing global payroll for international employees—especially because payroll regulations vary worldwide. Global payroll refers to the management of all payroll operations for employees in multiple countries. Payroll compliance means following all government laws that dictate how employees receive pay.

Payroll 52

Payroll Regulations Administrative Outsourcing 52

Velocity Global

OCTOBER 20, 2022

The process differs from hiring employees in Mexico, where you would either establish an entity in Mexico or partner with an employer of record (EoR) to hire, pay, and manage foreign employees. Employees vs. Contractors in Mexico: What Is the Difference? Misclassification risk. IP protection.

Banking 52

Banking Regulations Payroll Accounting 52

Groove Technology

SEPTEMBER 3, 2022

When a company hires an employee, it takes on all the duties, expenses, and liabilities related to having that person on staff. Making independent contractors into employees. However, you might think about turning freelancers into employees to lower turnover, get greater control. But not every company wants to take on that duty.

Payroll 130

Payroll Out-Tasking Administrative Accounting 130

Velocity Global

NOVEMBER 22, 2022

This process differs from hiring employees in India , which requires you to set up a local entity in India or partner with an employer of record (EoR). While you’ve designated your contingent workforce in India as contractors, local regulators may see them as employees under local Indian law. Misclassification. IP protection.

Banking 52

Banking Regulations Accounting Human Resources 52

Velocity Global

NOVEMBER 29, 2022

However, hiring employees in China poses many challenges for foreign companies. This guide outlines everything you need to know about compliantly hiring employees in China and conducting business in this market. How to Hire Employees in China. However, companies that engage contractors in China risk misclassification.

Payroll 98

Payroll Out-Tasking Regulations Global Hiring 98

Velocity Global

SEPTEMBER 13, 2022

How to Hire Employees in Spain. There are various methods for hiring employees in Spain from other countries. The route your business takes depends on various factors such as time, cost, the number of employees you wish to hire, and your long-term expansion goals. Misclassification Laws. Set Up a Legal Entity in Spain.

Payroll 52

Payroll Regulations Flexibility Manufacturing 52

Velocity Global

OCTOBER 4, 2022

Here are some fundamentals to know when hiring remote employees in Germany. Social security contributions are shared equally between the employer and the employee and include national pension, universal health insurance, national unemployment insurance, and old-age nursing care. Payroll Tax and Social Security. Leave Entitlements.

Payroll 52

Payroll Insurance Regulations Banking 52

Velocity Global

NOVEMBER 4, 2022

To avoid the fees and reputable damage that come with contractor misclassification, you may want to consider a contractor management solution instead. Is an Independent Contractor an Employee in the Philippines? No, an independent contractor is not an employee in the Philippines. Prepare a Clear Contractor Agreement.

Banking 52

Banking Flexibility Accounting Regulations 52

Safeguard Global

APRIL 24, 2023

Nongovernmental organizations (NGOs) and nonprofit organizations (NPOs) face unique hurdles when recruiting and hiring international employees. But there are ways to make recruiting, hiring and managing international employees easier for NGOs and NPOs , which can help you carry out your mission more effectively.

Out-Tasking 40

Out-Tasking Payroll Global Recruiting Banking 40

Velocity Global

DECEMBER 7, 2022

However, hiring employees in Italy is complicated and nuanced. Overlooking CBA regulations and leave entitlements, or misclassifying employees can result in fees, reputational damage, and more. In this guide, we cover local labor laws and the two methods for hiring employees in Italy. Set Up a Legal Entity in Italy.

Payroll 98

Payroll Regulations Administrative Out-Tasking 98

Velocity Global

OCTOBER 27, 2022

company obtains a sponsor license, they can recruit Spanish employees through the Skilled Worker route. Under this scheme, the employee must: Have a job offer from a Home Office licensed sponsor. Sometimes companies may choose to hire contractors rather than full-time employees. Now that the U.K. Once a U.K. However, U.K.

Payroll 52

Payroll Jobbing Banking Regulations 52

Velocity Global

FEBRUARY 17, 2023

Still, hiring employees in the U.S. The following guide outlines how to hire employees in the U.S. Can a Foreign Company Hire Employees in the U.S.? Yes, a foreign company can hire employees in the U.S. employees: setting up a legal entity or partnering with an employer of record (EoR). Not only do U.S. expansion.

Payroll 52

Payroll Insurance Regulations Jobbing 52

Velocity Global

MARCH 7, 2023

As an extension of the parent company, a foreign branch can only source talent by hiring contractors or relocating employees from its home country, which requires following complex immigration processes. The subsidiary must be ready to pay employees 200% of their wage for the first nine hours of overtime and 300% for any additional hours.

Government 52

Government Global Hiring Flexibility Payroll 52

Velocity Global

APRIL 28, 2023

Even sending remote employees abroad for short-term assignments, such as contract negotiation, can indicate PE and trigger a local corporate tax liability. Hire International Contractors Companies interested in short-term international projects may choose to engage contractors instead of hiring employees , which offers valuable flexibility.

Payroll 97

Payroll Regulations Marketing Reduced Costs 97

inDinero

NOVEMBER 4, 2021

Employee classification: If you are a business that relies heavily on contractors, the IRS may want to investigate you for employee misclassification. Because contractors are not employees, businesses hiring them are not responsible for paying certain employment taxes. Interested in learning more?

Accounting 98

Accounting Retail Insurance Service 98

Akorbi

SEPTEMBER 29, 2021

If you need qualified employees, but staffing has been difficult due to the current post-pandemic issues, Akorbi Workforce Solutions can help. Find qualified employees and manage your staffing costs. And many of these employees may speak English as a second language. Payroll solutions.

Co-Sourcing 59

Co-Sourcing Payroll Global Recruiting Insurance 59

Mercans

JUNE 23, 2023

From the significant contribution payroll makes in serving-up the highest quality workforce data needed to power high-value analytics, labor cost planning and modeling, to ensuring the employee experience always includes quick and accurate responses to employee queries, payroll is foundational to HCM.

Payroll 52

Payroll Labor Costs Regulations Advisory 52

Velocity Global

MAY 19, 2023

What supplementary benefits do employees in this market expect from their employers? What additional benefits would employees in this market value? For example, employees in Germany generally expect a 13th-month salary , even though it’s not a statutory requirement. What are the required benefits in this jurisdiction?

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Right-Sizing Human Resources Payroll Administrative 52

Mercans

NOVEMBER 11, 2022

are avoiding paying the appropriate tax by working as ‘disguised’ employees. The so-called disguised employees may be hoping to save money by avoiding the tax and National Insurance Contributions that they would be required to pay if they were considered employees. The number of employees should not exceed 50.

Payroll 52

Payroll Insurance Government Right-Sizing 52

Velocity Global

MAY 2, 2023

Employee arrangements vary worldwide, but a compliant employment contract is required no matter your talent’s location. Under an indefinite contract, an employee works for an employer until either party terminates the agreement. Businesses use indefinite contracts to invest in and retain long-term employees in ongoing positions.

Regulations 52

Regulations Payroll Jobbing Government 52

Paysquare

JUNE 14, 2023

Successfully handling payroll for a constantly changing workforce requires meticulous planning and tracking of employee hours. Such a system captures accurate data, streamlines scheduling, and ensures employees receive proper compensation based on their actual hours worked.

Payroll 52

Payroll Regulations Streamline Operations Automation 52

Velocity Global

SEPTEMBER 1, 2022

Can You Hire a Foreign Employee? Yes, you can hire a foreign employee, but the process is not as straightforward as putting them on your payroll and cutting a check each month. While some companies opt to set up a legal entity in a different country to hire foreign employees, it’s a time-consuming process that has some hidden costs.

Payroll 52

Payroll Regulations Management Human Resources 52

Velocity Global

NOVEMBER 16, 2022

However, hiring employees in Singapore can be difficult for global employers who must navigate challenges like complicated tax laws and strict immigration policies. How to Hire Employees in Singapore: 3 Ways. A traditional route to hiring employees in Singapore is setting up a legal entity. Let’s examine each option.

Banking 52

Banking Regulations Payroll Out-Tasking 52

Velocity Global

DECEMBER 15, 2022

However, hiring employees in the Netherlands entails setting up a legal entity and complying with local employment laws, which is overwhelming to manage on your own. This guide helps you navigate employment in the Netherlands by summarizing the key points of Dutch labor law and explaining how to compliantly hire employees in this market.

Payroll 52

Payroll Insurance Administrative Regulations 52

Velocity Global

SEPTEMBER 30, 2022

Hiring someone in Colombia isn’t as simple as putting a Colombian employee on your existing payroll or paying the individual as an independent contractor. Both the employer and employee pay into the scheme: Employers pay roughly 20% and employees, 8%. Foreign companies can engage Colombians as employees or contractors.

Payroll 52

Payroll Accounting Healthcare Human Resources 52

Velocity Global

JANUARY 25, 2023

By granting a small percentage of company ownership, employers set themselves apart from the competition, boost employee engagement, and reduce employee churn. As companies expand globally, many employers face challenges with granting stock options and other equity awards to foreign employees.

Payroll 52

Payroll Right-Sizing Advisory Administrative 52

Safeguard Global

JULY 3, 2018

In HR, you have a list of required steps and rules to abide by when it comes to hiring, compensation, benefits and training of employees. But no matter your diligence, sometimes employees present you with an unexpected obstacle. We present guidance for companies to be compliant and serve their newly international employees.

Payroll 40

Payroll Insurance Banking Healthcare 40

Safeguard Global

APRIL 24, 2023

The process and final product will look different for every NGO and nonprofit, consider taking the following steps: Conduct an internal review – When it comes to hiring employees for a nonprofit organization , before you make any changes, you should first see what is or isn’t working by reviewing your recruitment metrics.

Global Recruiting 40

Global Recruiting Out-Tasking Jobbing Global Hiring 40

Safeguard Global

NOVEMBER 13, 2019

They often make more complex distinctions between types of employees, and noncompliance carries huge penalties. In some markets, using independent contractors (rather than employees) makes it more difficult to enforce IP contracts or regulations. Hiring practices International labor laws differ vastly from U.S.

Regulations 52

Regulations Marketing Accounting Banking 52