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Benefits & Challenges of Using Global Employer of Record (EOR)

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To overcome these challenges, many companies are turning to Global Employer of Record (EOR) services. In this article, we will discuss the benefits and challenges of using Global EOR services and how it can help businesses manage their international workforce more effectively. What is Global Employer of Record (EOR)?

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The Difference Between Employer of Record (EOR) and Professional Employer Organization (PEO)

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One of the biggest challenges is managing the employer-employee relationship, and this is where Employer of Record (EOR) and Professional Employer Organization (PEO) services come in. In an EOR relationship, the EOR is responsible for administering employee benefits , such as health insurance and retirement plans.

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What is a Global Employer of Record (EOR) and When do Companies Need to Use Such Services?

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However, managing a global workforce can be a complex and challenging task, especially when it comes to compliance with local labor laws, tax regulations, and employment standards. This is where a Global Employer of Record (EOR) comes into play. What is a Global Employer of Record (EOR)?

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Guide to Hiring Employees in Ukraine

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Retirement Plans: Retirement benefits are another essential aspect of the employee package in Ukraine. Employers often contribute to pension funds or provide retirement savings plans to help employees secure their financial future. This article outlines the key aspects of the termination process in Ukraine.

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A Complete Guide to Hiring Employees in Hong Kong

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This article aims to provide a comprehensive overview of the current trends and practices in compensation and benefits in Hong Kong. This ensures that employees have a financial cushion when they retire. Under the MPF, both employers and employees contribute to a retirement fund, which individuals can access upon retirement.

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Enhancing Employee Experience with Employer of Record (EOR) Solutions

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One solution that has gained popularity in recent years is the Employer of Record (EOR) model. This model offers many benefits that can enhance the employee experience, and in this article, we will explore these benefits in detail. What is an Employer of Record (EOR) Solution?

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Building An HR Department: A Step-By-Step Guide

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When doing that, consider the following: Employee hourly wage and salary Employee retirement saving Health insurance Employee well-being fund Paid time off Employee raises and bonuses. For example, if you’re planning on expanding internationally, then an employer of record will likely be a good idea.