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A View From the Hill: National PEO Week, ERTC Refunds Headline 2023 PEO Capitol Summit

Prism HR

Specifically, the IRS has adopted the position that PEOs are the responsible employer of record for Form 941 returns and therefore tax credits. Employer of Record Model Gains Traction The Employer of Record is an HRO model popularized throughout Europe that is gaining traction within the U.S.

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Shifting for the Gig Economy

HRExecutive

Ravin Jesuthasan, managing director and global practice leader at Willis Towers Watson, estimates there are currently about 500 on-demand staffing platforms operating nationwide—for everyone from retail workers to software developers to attorneys. It’s a unique win-win that solves a lot of inefficiencies,” Jesuthasan says.

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Guide to Hiring Employees in Nigeria

Recruiters Lineup

Statutory Benefits: Pension Contributions: Employers are typically required to contribute to the pension fund on behalf of their employees. The Pension Reform Act of 2014 established the Contributory Pension Scheme, which mandates both employers and employees to make contributions to a retirement savings account.