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Does Your Business Need An Employer Of Record?  

Hppy

Partnering with an employer of record can help you take advantage of an international talent pool. What Is An Employer Of Record? An employer of record (EoR) is an individual or third-party company that works by assuming the legal responsibility for finding and hiring employees on behalf of foreign business owners.

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Exclusive: Remote seeks to deepen foothold in US market with expansion

HR Brew

Remote, a platform that helps employers manage global workforces, first gained prominence during the Covid-19 pandemic as an employer of record (EOR) service. Remote announced a Series C fundraising round led by SoftBank Vision Fund 2 in 2022, which resulted in $300 million worth of investments at a $3 billion valuation.

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Employer of Record: A Guide to Global Expansion

Global Expansion

Global expansion can present a number of challenges, such as entering unknown markets and achieving compliance. However, businesses can significantly mitigate these risks by working with an Employer of Record (EOR). billion in 2022. For example, tech giant Apple increased its worldwide revenue from $274.52

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Guide to Hiring Employees in Armenia

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Employers need to deduct the employee’s portion from their salary and contribute the employer’s share. Ensuring compliance with these social security obligations is crucial to avoid legal penalties. These contributions cover various social insurance programs, including health insurance and pension funds.

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10 best small business HR software solutions in 2023

Homebase

As a small business owner, you might be spending way too much time manually managing processes like payroll, PTO requests, and benefits administration. Chamber of Commerce , 2022 Run a better team with smarter scheduling. The ideal solution helps you distribute employee benefits while maintaining compliance.

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A Complete Guide to Hiring Employees in Hong Kong

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Wages and Working Hours: The EO addresses the fundamental aspect of employment – wages. As of my last knowledge update in January 2022, the minimum wage is reviewed regularly to keep up with economic changes. The Labor Department has the authority to conduct inspections to verify compliance with the ordinance.

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HR Headaches: Should I Choose a PEO or HRIS?

Zenefits

Administering payroll and benefits. Complying with changing employment laws. These services include payroll, benefits, workers’ compensation, and compliance with employment laws. PEOs typically work on a co-employment basis. This means the PEO becomes the employer of record for your employees.