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The Complete Guide to Employee Cost: How to Calculate the Cost of an Employee

Velocity Global

Employee cost comprises several factors, such as employee salary, payroll taxes, supplemental benefits, and other expenses like company retreats and overhead. This guide covers everything you need to know about calculating accurate employee cost and offers key tips for how to reduce per-employee expenses.

Payroll 97
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How to Avoid the Risks of Independent Contractor Misclassification

Velocity Global

In this guide, learn the differences between contractors and employees and how to avoid the risks of independent contractor misclassification. Contractor misclassification is often an employer’s attempt to avoid paying taxes. If caught, the employer is liable for unpaid taxes, employee back pay, and other legal fines.

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

Velocity Global

In our guide, learn about the role of an international PEO, the benefits of working with an international PEO, and how to reach your global business goals with the right partner. Simplify talent support with a partner that manages onboarding, payroll, benefits, and compliance on your behalf. Table of Contents What Is International PEO?

Payroll 97
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What Is a PEO and How Can It Help Your Business Grow?

Velocity Global

In this guide, we’ll cover what a PEO does and why they’re a great HR choice for companies with limited resources. PEOs are co-employers, meaning they partner with companies by acting as the legal employer of a workforce for tax purposes while the company maintains day-to-day decision-making power. Payroll and workers’ comp.

Payroll 98
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Hiring Employees in France: A Guide for Global Businesses

Velocity Global

But hiring employees in France requires a thorough understanding of French employment laws and payroll requirements to ensure compliance and avoid troublesome complications. Beyond managing contracts and onboarding payroll, a global EoR also handles immigration and provides benefits for foreign employees.

Payroll 93
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Manufacturing in Mexico: Is Naming an Employer of Record Necessary to Minimize Risks?

Ivemsa

This includes HR responsibilities, such as payroll, taxes, employee benefits, and severance pay. Though the manufacturer maintains complete control over hiring and firing, a Mexico employer of record serves as a local advisor, guiding business leaders in making the best decisions regarding costs and compliance.

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Manufacturing in Mexico: Is Naming an Employer of Record Necessary to Minimize Risks?

Ivemsa

This includes HR responsibilities, such as payroll, taxes, employee benefits, and severance pay. Though the manufacturer maintains complete control over hiring and firing, a Mexico employer of record serves as a local advisor, guiding business leaders in making the best decisions regarding costs and compliance.