Remove Compensation Remove Compliance Remove Employer of Record Remove HR Function
article thumbnail

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

Recruiters Lineup

Hiring employees is an essential part of business growth, but it comes with various responsibilities, such as payroll, taxes, benefits administration, compliance, and other HR functions. This is where an Employer of Record (EOR) or a Professional Employer Organization (PEO) comes in.

article thumbnail

A Complete Guide to Co-Employment

Recruiters Lineup

Co-employment refers to a relationship in which two or more entities share employer responsibilities for a group of employees. In contrast, the other entity maintains control over day-to-day operations, job functions, and employee supervision. What is the Difference Between Joint Employment and Co-employment?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Payroll compliance: Ignore it at your peril, HR

HRExecutive

While the current buzz around AI and other shiny topics may be more exciting for HR to focus on, it’s dangerous to overlook any potential weaknesses in your payroll processing. This article will focus on the critical compliance-related considerations HR teams should keep top of mind.

article thumbnail

Guide to Hiring Employees in Bermuda

Recruiters Lineup

However, there are regulations in place to ensure fair compensation for employees. Overtime rates apply for work beyond the regular hours, and employers must comply with these regulations to avoid legal consequences. Employers must understand and adhere to these entitlements to ensure compliance with labor regulations.

article thumbnail

Guide to Hiring Employees in Jamaica

Recruiters Lineup

Paperwork and Legal Requirements: New employees are typically required to complete various paperwork, including tax forms, employment contracts, and any necessary legal documentation. This ensures compliance with Jamaican labor laws and regulations.

article thumbnail

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

HR Tech Girl

Building an HR department is an exciting and challenging undertaking that will help your company grow and perform better, but it takes a thorough approach, patience, and strategic thinking. Lay faulty foundations of your HR function and you risk witnessing your business struggle over time or failing to reach the targeted success.

article thumbnail

PEO vs HRO vs ASO: Outsourcing Human Resources for Your Business

6Q

Your business won’t thrive if it doesn’t implement strong HR practices. For your business to successfully carry out essential HR functions, outsourcing human resources is an excellent option. PEOs provide a wide range of HR-related services, namely benefits, payroll, safety, and risk management. What is a PEO?