Globalization Partners

APRIL 28, 2022

Contractor agreements are important because they define the company-contractor relationship and lay out the expectations for the job. For instance, if your country has a strong state healthcare program, you may not have a legal obligation to offer your employees health insurance. Contractors do not receive these benefits.

Payroll 95

Payroll Insurance Jobbing Healthcare 95

Velocity Global

FEBRUARY 20, 2023

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. For example, the unemployment insurance tax rate for new employers in Pennsylvania is 10.59% in the construction sector and only 3.82% in the non-construction sector.

Payroll 97

Payroll Insurance Right-Sizing Administrative 97

Velocity Global

OCTOBER 25, 2022

As you go back to the drawing board, you can’t help but wonder why your target hire chose another employer. The obvious job considerations jump out—pay, title, time off. But one factor that HR teams often overlook is global employee benefits. Examples of global employee benefits include: Supplemental health insurance.

Insurance 52

Insurance Healthcare Jobbing Government 52

Globalization Partners

OCTOBER 5, 2021

With the rise of “the gig economy,” many workers are contracting themselves out as freelancers rather than becoming employees of a single company. Contractors offer their services temporarily to various clients. In some countries, benefits packages may also include health insurance policies and pension schemes.

Payroll 96

Payroll Government Design Out-Tasking 96

Velocity Global

SEPTEMBER 10, 2020

The Consequences of Global Independent Contractor Noncompliance. When companies misclassify their foreign independent contractors, they face consequences that disrupt their growth goals and their ability to carry out daily business operations. Three Ways to Find Out appeared first on Velocity Global. Get in touch.

Insurance 52

Insurance Payroll Out-Tasking Marketing 52

Velocity Global

APRIL 27, 2021

Companies also miss out on productivity from the lost employees while HR undergoes the lengthy process of finding, hiring, and training their replacements. . Challenge #4: Delivering International Payroll Services. For example, HR teams that hire foreign independent contractors cannot legally provide benefits in most markets.

Payroll 52

Payroll Right-Sizing Jobbing Out-Tasking 52