Remove resources employee-misclassification-penalties
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How to Avoid the Risks of Independent Contractor Misclassification

Velocity Global

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. However, hiring contractors comes with misclassification risks. What Is Independent Contractor Misclassification? Benefits and Taxation.

Payroll 98
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What Is an International PEO? A Complete Guide for Global Employers

Velocity Global

International PEO (professional employer organization) is a global employment solution that enables companies to hire supported employees anywhere in the world quickly, compliantly, and without the burden of establishing a foreign legal entity. Avoid compliance risks by protecting your company, intellectual property, and supported employees.

Payroll 97
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A Global Company’s Guide to Paying an Independent Contractor in the U.K.

Velocity Global

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
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What is an Employer Of Record

Groove Technology

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
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How to Employ Someone in Germany: A Guide to Hiring Remotely

Velocity Global

Employment in Germany is complex, and navigating the country’s tax structures is challenging without the right resources. Here are some fundamentals to know when hiring remote employees in Germany. The employer must provide a written statement of the contract terms within one month of the employee starting employment.

Payroll 52
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Global Talent Acquisition: How to Find and Hire the World’s Brightest Talent

Velocity Global

Identify the talent and resources you need to meet current deadlines and create a plan for pivoting if growth is slower or faster than expected. What supplementary benefits do employees in this market expect from their employers? What additional benefits would employees in this market value? Anticipate roadblocks.

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Tax & IRS Audit Help

inDinero

Consequences of an audit can involve a bill for unpaid taxes, penalties and fees for improper reporting, or even property seizure in extreme cases. Employee classification: If you are a business that relies heavily on contractors, the IRS may want to investigate you for employee misclassification. IRS audits can be scary.