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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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Guide to Hiring Employees in Azerbaijan

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Azerbaijan, situated at the crossroads of Eastern Europe and Western Asia, has emerged as a key player in the global economy. Overtime work is subject to additional compensation, usually at a higher rate than regular hours. Applicants must meet specific criteria, including having a job offer from an Azerbaijani employer.

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Guide to Hiring Employees in the Bahamas

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Employers appreciate candidates who demonstrate genuine interest in the company and its employees. Small talk at the beginning of the interview is common and allows candidates to showcase their interpersonal skills. Employers need to ensure compliance with the established minimum wage to avoid legal issues.

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Guide to Hiring Employees in Botswana

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Employers are required to engage in good-faith negotiations with recognized unions, and both parties are encouraged to resolve disputes through peaceful means, such as arbitration or mediation, as outlined in the country’s labor laws. The terms of employment, including salary and benefits, are explicitly outlined in the contract.

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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. How to Use an Employer of Record (EOR) in Ukraine?

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HR Headaches: Managers Using Temp Workers to Meet Staffing Need

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Others are opting to retire earlier than planned. The temp worker is an employee of the agency, doing business at your location, not a company employee. For business owners that cannot afford to pay for healthcare benefits, for example, the worker has the benefit from its employer of record — the temp agency.

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A Complete Guide to Hiring Employees in Hong Kong

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By hiring talents in Hong Kong, companies gain access to a skilled workforce that is at the forefront of technological advancements. This ensures that employees have a financial cushion when they retire. The tax rates are progressive, with the maximum rate capped at 17%.