Compensation Employer of Record Retention and Turnover Retirement 
Recruiters Lineup
JANUARY 23, 2024
Both fixed-term and indefinite contracts are permitted, depending on the nature of the employment. Overtime work is subject to additional compensation, usually at a higher rate than regular hours. Employees are entitled to a certain number of paid vacation days per year, and sick leave is compensated under the social insurance system.
Recruiters Lineup
FEBRUARY 7, 2024
Any work beyond these standard hours is considered overtime and should be compensated accordingly. Employers must adhere to these regulations to ensure fair compensation for employees working extra hours. These contracts outline the terms and conditions of employment, including responsibilities, compensation, and duration.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Recruiters Lineup
JANUARY 28, 2024
It’s crucial for employers to comply with these regulations to ensure fair compensation for employees working extra hours. Job Offer and Negotiation: Upon successful completion of the interview and reference check stages, employers extend a job offer to the selected candidate.
Recruiters Lineup
MARCH 20, 2024
Pension Plans : Some companies offer pension plans to help employees save for retirement. These plans may be contributory, with both the employer and the employee making contributions, or non-contributory, where the employer solely funds the pension plan. How to Use an Employer of Record (EOR) in Jamaica?
Prism HR
OCTOBER 22, 2019
It’s your responsibility to ensure your employees are paid on time, stay safe throughout the workday, and have access to benefits like workers’ compensation, health insurance, and 401k. The PEO is the employer of record, responsible for paying your employee wages, taxes, and withholdings under its PEO tax ID numbers.
Recruiters Lineup
APRIL 5, 2024
It’s essential to comply with these regulations to ensure fair compensation for your employees. Overtime work is subject to specific regulations, including compensation at a higher rate. Social Security Contributions: Employers are required to contribute to social security schemes on behalf of their employees.
Recruiters Lineup
DECEMBER 5, 2023
Minimum Wage and Benefits: Be aware of the current minimum wage in Colombia and ensure that your compensation packages comply with the legal requirements. Social Security Contributions: Employers are required to contribute to social security funds for their employees.
Expert insights. Personalized for you.
79 
Let's personalize your content