Ivemsa

FEBRUARY 26, 2024

Therefore, most companies find it advantageous to name a shelter company as their Mexico employer of record (EOR). As EOR, a shelter company handles all administrative tasks necessary for setup to launch production. The post Manufacturing in Mexico: Is Naming an Employer of Record Necessary to Minimize Risks?

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Ivemsa

FEBRUARY 26, 2024

Therefore, most companies find it advantageous to name a shelter company as their Mexico employer of record (EOR). As EOR, a shelter company handles all administrative tasks necessary for setup to launch production. The post Manufacturing in Mexico: Is Naming an Employer of Record Necessary to Minimize Risks?

Manufacturing 52

Manufacturing Payroll Flexibility Administrative 52

Velocity Global

NOVEMBER 29, 2022

Foreign businesses can hire employees in China in three ways: establishing a legal entity, partnering with an employer of record in China, or engaging contractors. Many businesses opt to work with an employer of record in China instead, which allows them to have a legal presence in China without establishing a local entity.

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UnaTerra

OCTOBER 9, 2023

Then you’ve probably come across the term Employer of Record (or EOR for short), and you’re probably wondering, how does an employer of record work? appeared first on Cintra Global.

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Velocity Global

DECEMBER 7, 2022

Global employers must understand Italy’s labor laws and follow compliant employment practices. Hiring Employees in Italy: 2 Options for Global Employers. There are two ways a foreign business can hire employees in Italy–either by establishing a legal entity in Italy or via an employer of record.

Payroll 98

Payroll Regulations Administrative Out-Tasking 98

Velocity Global

NOVEMBER 9, 2022

What Is a Tripartite Agreement? In this case, the three parties involved in the tripartite agreement are the employer, the employee, and the employer of record. Tripartite agreements tend to become more complicated when intra-group transfers of employment contracts occur.

Labor Costs 98

Labor Costs Payroll Jobbing Marketing 98

Velocity Global

APRIL 7, 2023

Employers must apply for and sponsor Iqamas for foreign talent in Saudi Arabia. How to Obtain an Iqama Visa in Saudi Arabia Before an expat can live and work in Saudi Arabia, they must receive sponsorship from a local employer, such as a Saudi company or foreign entity licensed to do business in the country.

Government 98

Government Global Hiring Payroll Administrative 98

UnaTerra

APRIL 26, 2023

Especially EOR and PEO. So, to give them their full titles, they are: Employer of Record Professional Employer Organisation That doesn’t necessarily shed all the light you need. They’re […] The post EOR vs. They’re […] The post EOR vs. PEO: What’s the Difference?

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UnaTerra

APRIL 26, 2023

Especially EOR and PEO. So, to give them their full titles, they are: Employer of Record Professional Employer Organisation That doesn’t necessarily shed all the light you need. They’re […] The post EOR vs. They’re […] The post EOR vs. PEO: What’s the Difference?

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Velocity Global

NOVEMBER 14, 2022

In this guide, we’ll cover what a PEO does and why they’re a great HR choice for companies with limited resources. What Is a PEO? What Is a PEO? A PEO (professional employer organization) is an organization that helps companies quickly hire full-time talent both domestically and abroad. Co-Employment or Joint Employment.

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Paysquare

MAY 27, 2023

An Employer of Record (EOR) can step in to fill this role. An EOR can take on the employer responsibilities for a company, managing all aspects of migration, joining and on-boarding, benefits administration, payroll management, compliance and risk management, employee query resolution, and exit management.

Management 52

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Velocity Global

MARCH 16, 2023

If noncompliant, employers may face financial and legal penalties. Learn about mandatory employer contributions, payroll administration options, and how to avoid the risks of noncompliance. In the Philippines, employers must contribute to social security, health insurance, and the Home Development Mutual Fund.

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Velocity Global

FEBRUARY 20, 2023

Employers must also understand the variables that impact employee cost, like location and market conditions. Employers calculate employee cost of living by adding up the costs of goods and services on which consumers spend their money in the employee’s city or region of residence. How Do You Calculate Employee Cost of Living?

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Velocity Global

AUGUST 18, 2022

While an employer of record (EoR) partner will help address these needs for you and your distributed workforce, selecting the right partner is easier said than done. This guide helps you choose a global employer of record that best fits your business. What Is an Employer of Record?

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Velocity Global

MAY 19, 2023

What Is Global Talent Acquisition? Once you know where you are now, what your long-term goals are, and what resources you need to achieve them, start filling in gaps, opening new roles, and hiring the talent you need to implement your plan. What can the local talent pool offer for specific roles you need to fill?

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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. Hiring Employees in Australia: What Are Your Options? Partner With an Employer of Record. The most straightforward way to hire foreign employees is by partnering with an employer of record.

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Velocity Global

MARCH 24, 2023

Employers who violate these regulations risk penalties that may hurt their bottom line and business reputation. What Is Global Payroll? What Is Payroll Compliance? Employers who violate these payroll regulations may face fines and other legal consequences. Learn more in our complete guide to global payroll.

Payroll 52

Payroll Regulations Administrative Outsourcing 52

Velocity Global

SEPTEMBER 1, 2022

Rather than setting up a legal entity, companies can either engage contractors with the help of a contractor management solution or partner with an employer of record to hire employees and avoid the risk of noncompliance. Partner With an Employer of Record. How Does an Employer of Record Work?

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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. This guide outlines everything employers should know as they prepare to expand into Singapore. Partner With an Employer of Record in Singapore.

Banking 52

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Velocity Global

SEPTEMBER 20, 2022

This guide outlines ways for paying international employees while maintaining compliance with local employment and payroll laws. Second, a company can use a global Employer of Record (EoR). Partner With an Employer of Record. What Is the Total Cost of Employment for International Employees?

Payroll 52

Payroll Insurance Out-Tasking Manufacturing 52

Velocity Global

APRIL 11, 2023

To help boost talent retention, employers must have a global compensation strategy that’s not only competitive across borders but remains fair, compliant, and within budget. What Is Global Compensation? Global compensation, or total global rewards, refers to an employer’s direct and indirect compensation for its distributed workforce.

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Velocity Global

MARCH 29, 2023

The UAE’s simple employment visa requirements contribute to its large expat community, which makes up 88% of the population. Standard Work Visa A standard work visa in the UAE is an employer-sponsored work visa that permits an expat to live and work as an employee in the UAE for two to three years.

Insurance 96

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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.

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Velocity Global

AUGUST 25, 2022

Creating a permanent establishment requires that businesses closely follow local employment laws to ensure compliance. companies who want to expand into India: Setting up a foreign entity, using an employer of record, and hiring contractors. Use an Employer of Record. Let’s look at three options for U.K.

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Velocity Global

FEBRUARY 17, 2023

employment laws differ from other countries, but each U.S. state also has its own employment laws and tax codes. Global companies must follow federal and state employment requirements, which vary significantly depending on where in the U.S. and the key federal and state employment laws to consider. Not only do U.S.

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Payroll Insurance Regulations Jobbing 52

Velocity Global

APRIL 21, 2023

However, facilitating global workforce mobility involves navigating complex immigration, employment, and tax laws across multiple jurisdictions—all of which pose significant compliance risks. In this guide, we explain what global mobility is and outline its benefits and challenges. Table of Contents What Is Global Mobility?

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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

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Velocity Global

FEBRUARY 27, 2023

However, complex labor laws present a list of challenges for employers interested in hiring talent in the UAE. Global employers must adhere to these laws to avoid noncompliance. To hire talent in the UAE, global employers have three options: establishing a legal entity, partnering with an employer of record, or engaging contractors.

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Velocity Global

MAY 2, 2023

Employee arrangements vary worldwide, but a compliant employment contract is required no matter your talent’s location. While the type of contract depends on employer needs and resources, indefinite contracts are the most common agreement outside of the United States. Table of Contents What Is an Indefinite Contract?

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Velocity Global

DECEMBER 22, 2022

Employers can engage contractors for specialized projects, save time and money that would otherwise go toward hiring full-time employees, and test a new workforce in an international market. Plus, because employment regulations vary globally, the risks significantly increase when engaging international talent. Work Autonomy.

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Velocity Global

FEBRUARY 7, 2023

Pros: Employers can offer health insurance contributions without the administrative pains of managing group health insurance. Plus, HRA contributions are tax-deductible for employers and tax-free for employees. Cons: Employers must pay payroll taxes on the reimbursements, and employees must claim the stipend as part of their income.

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Insurance Healthcare Administrative Payroll 52

Velocity Global

MARCH 7, 2023

Table of Contents What Is a Foreign Subsidiary? Alternatives to Establishing a Foreign Subsidiary Jumpstart Your Global Business Goals With Velocity Global Foreign Subsidiary FAQs What Is a Foreign Subsidiary? It must comply with local taxation and employment laws, which often vary from the home country.

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Velocity Global

MAY 22, 2023

With the help of a global employer of record (EOR) , organizations worldwide reap the benefits of easily hiring the people they need, retaining their star talent, supporting their workforce, and growing their business compliantly. Three major NGOs and dozens of nonprofits keep their talent compliant with Velocity Global.

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Velocity Global

MARCH 20, 2023

Ask yourself this: What could you accomplish if you found a way to somehow attract top talent while simultaneously keeping your existing workforce engaged, productive, and—most importantly—intact? A remote work policy doesn’t only benefit talent—it helps employers, too. Sixty-one percent of United States (U.S.) but only 5.7

Global Hiring 52

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Velocity Global

OCTOBER 4, 2022

So how does employment in Germany work, and how do you employ German talent from another country? Employment in Germany 101. Employment in Germany is complex, and navigating the country’s tax structures is challenging without the right resources. An employer must provide statutory notice when terminating a German employee.

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Velocity Global

JANUARY 13, 2023

If you are considering hiring employees in Germany, it’s important to know the critical role German works councils play in employer/employee relations. This guide covers the purpose and requirements of German works councils and explains what their pros and cons might mean for your company as you enter the market.

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Safeguard Global

JANUARY 30, 2020

But it doesn’t have to be difficult—thanks to an employer of record. Simply, an employer of record, also known as an EOR, is a way to quickly add workers in new global markets without having to take on the cost and risk of establishing an entity in a foreign country. How does an employer of record work?

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