Extensis

APRIL 29, 2024

PEO: a brief overview for small business owners A PEO is a company that delivers cost-effective, outsourced HR , payroll , employee benefits , recruiting , and risk and compliance services. This task often falls on the owner, which can be time-consuming and stressful due to the complexities and ever-changing nature of today’s employment laws.

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JULY 16, 2023

With the rise of the gig economy and the growing trend of remote work, employers are struggling to keep up with the changing regulations and compliance requirements. This is where Employer of Record (EOR) services come in. What is an Employer of Record (EOR)? How Does the EOR Service Model Work?

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JANUARY 30, 2024

The hiring process in Bermuda follows a structured and regulated framework that ensures fairness and transparency for both employers and job seekers. Bermuda, being a British Overseas Territory, adheres to employment laws that govern various aspects of the hiring process, including job advertising, interviews, and employment contracts.

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JANUARY 9, 2024

By adhering to Dutch employment laws, embracing the local work culture, and prioritizing employee satisfaction, businesses can build successful and sustainable teams in this vibrant European country. Employers and employees both contribute to this system, covering healthcare, unemployment benefits, and pensions.

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JULY 10, 2023

Managing payroll can be a complex and time-consuming task, especially for businesses operating in multiple locations or countries. If you have been having challenges in payroll processing , we invite you to join us as we explore the benefits of using an employer of record (EOR) for payroll management.

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NOVEMBER 21, 2023

Benefits Practices: Mandatory Provident Fund (MPF): Hong Kong has a mandatory retirement savings scheme known as the MPF, where both employers and employees contribute a percentage of the employee’s salary to a retirement fund. This ensures that employees have a financial cushion when they retire.

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FEBRUARY 7, 2024

Payroll and Taxes in Chad In Chad, payroll and taxes are governed by the country’s tax laws and regulations. Understanding the payroll and tax system is essential for businesses operating in Chad to ensure compliance and avoid penalties. How to Use an Employer of Record (EOR) in Chad?

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Extensis

MAY 1, 2023

PEO: a brief overview for small business owners A professional employer organization, or PEO, like ExtensisHR , is a company that delivers cost-effective, outsourced services for HR, payroll, employee benefits, recruiting, risk management, and compliance–giving business owners and managers more time to focus on revenue-generating activities.

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JANUARY 5, 2024

The Irish employment law is comprehensive and covers various aspects such as employment contracts, working hours, leave entitlements, and termination procedures. It is advisable to consult legal experts or employment consultants to ensure compliance with Irish labor laws.

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JANUARY 18, 2024

Failure to adhere to local employment laws can lead to complications and legal consequences, making it imperative for organizations to prioritize legal compliance in their onboarding procedures. These contributions fund benefits such as health care, retirement, and disability benefits.

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JULY 21, 2023

Co-employment refers to a relationship in which two or more entities share employer responsibilities for a group of employees. It is essential for employers to understand the meaning of co-employment to ensure compliance with tax obligations and employment regulations.

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JANUARY 3, 2024

Social Security Contributions: Employers and employees are required to make social security contributions, which fund various social benefits such as health insurance, unemployment benefits, and pensions. Employers are responsible for deducting and remitting these contributions to the relevant authorities.

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APRIL 9, 2024

Payroll and Taxes in Mauritania In Mauritania, payroll and taxes are governed by the country’s tax laws and regulations. Here’s an overview of payroll and tax considerations in Mauritania: Tax Rates: Mauritania operates on a progressive tax rate system, with tax rates ranging from 0% to 40% based on income levels.

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APRIL 4, 2024

It’s essential to adhere to any conditions outlined in the permit or visa, such as maintaining employment or obtaining residency. These benefits vary depending on the employer and industry. Employers are also required to withhold income tax from employees’ salaries and remit it to the tax authorities.

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MARCH 20, 2024

Payroll and Taxes in Jamaica Payroll and taxes in Jamaica are governed by various laws and regulations that businesses must adhere to. Understanding these laws is essential for employers to properly manage their payroll processes and ensure compliance with tax obligations.

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APRIL 12, 2023

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. What is an Employer of Record (EOR)?

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JULY 14, 2023

In a world where businesses are expanding globally and embracing diverse workforces, managing employee payroll across borders poses unique challenges. International payroll processing emerges as the solution, ensuring precise and timely compensation for employees in multiple jurisdictions.

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APRIL 1, 2024

Legal Framework for Employment in Lebanon Employment laws in Lebanon are primarily governed by the Lebanese Labor Law, which outlines the rights and responsibilities of both employers and employees. Tax Filing and Compliance: Employers and individuals must file annual tax returns with the Lebanese tax authorities.

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DECEMBER 25, 2023

Payroll and Taxes in Denmark Payroll and taxes in Denmark are subject to specific regulations and requirements. Here’s an overview of key information related to payroll and taxes in Denmark: Payroll in Denmark: Salary Structure: In Denmark, salaries are typically paid on a monthly basis.

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MARCH 17, 2024

However, navigating the intricacies of Icelandic employment laws and customs can be daunting for those unfamiliar with the local landscape. The duration and conditions for sick leave entitlement vary depending on the employment contract and length of service. Here’s an overview of how payroll and taxes work in Iceland: 1.

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JANUARY 16, 2024

What Are The Employment Laws in Albanian? Before diving into the hiring process, it is essential to familiarize yourself with the employment regulations in Albania. The Labor Code of Albania governs the employer-employee relationship and outlines the rights and obligations of both parties.

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FEBRUARY 23, 2024

What Are The Employment Laws in Ecuador? Employment laws in Ecuador are governed by the Labor Code, which outlines rights and obligations for both employers and employees. These may be subject to taxation and should be accounted for in payroll calculations.

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APRIL 17, 2024

The legal framework governing employment in Mongolia is primarily based on the Labor Law of Mongolia, which outlines the rights and obligations of both employers and employees. This helps employees save for their future and ensures financial security after retirement. How to Use an Employer of Record (EOR) in Mongolia?

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JULY 24, 2023

You must be well-versed in various regions’ employment laws to successfully onboard and hire new talent. Benefits may include health insurance, retirement plans, paid time off, and other employee perks contributing to job satisfaction and well-being.

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DECEMBER 25, 2023

Understanding the Portuguese Labor Laws Before diving into the hiring process, it’s crucial to understand the Portuguese labor market. Portugal has a well-regulated labor environment with strong employment laws and a robust social security system. How Does Payroll Work in Portugal?

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DECEMBER 1, 2023

Individuals in marginal employment may benefit from flexibility and reduced tax burdens. What are the Payroll Rules in Austria? It’s crucial to note that Austrian labor and tax laws can be complex, and employers are advised to seek professional advice to ensure compliance.

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JANUARY 31, 2024

Additionally, the Pension Fund Administrators (Administradoras de Fondos de Pensiones – AFPs) manage the pension contributions, securing financial support for employees during retirement. Paid Leave and Holidays: Bolivian labor law mandates paid leave for employees, encompassing annual vacation days and public holidays.

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NOVEMBER 13, 2023

Statutory Requirements: Gratuity: As per the Payment of Gratuity Act, employees who have completed at least five years of continuous service are entitled to receive gratuity upon termination or retirement. Provident Fund (PF): Both the employer and the employee contribute to the provident fund, a mandatory savings scheme.

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APRIL 5, 2024

Social Security Contributions: Employers are required to contribute to social security schemes on behalf of their employees. These contributions typically cover healthcare, retirement, and other social benefits. Termination Procedures: Termination of employment in Madagascar is subject to specific procedures outlined in the Labor Code.

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FEBRUARY 13, 2024

Special Categories of Employment Permits: Cyprus offers specialized permits for certain categories of workers, such as artists, athletes, domestic workers, and agricultural laborers. Payroll and Taxes in Cyprus In Cyprus, payroll and taxes are governed by the country’s taxation system and employment regulations.

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NOVEMBER 29, 2023

Payroll and Taxes in the United Arab Emirates It’s crucial to note that regulations may have changed since my last update, and I recommend consulting with a local expert or the relevant government authorities for the latest information on payroll and taxes in the United Arab Emirates. Why Hiring Talents from UAE?

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NOVEMBER 22, 2023

Wrongful dismissal laws protect employees from unfair or arbitrary dismissals. Payroll Deductions: Payroll deductions involve the withholding of a portion of an employee’s wages for various purposes, such as taxes, benefits, and other statutory requirements.

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DECEMBER 5, 2023

Understanding the Colombian Labor Market: Having knowledge of the local labor market, employment laws, and common employment practices is essential. Compliance with labor regulations and demonstrating a commitment to fair employment practices will contribute to a positive employer reputation.

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DECEMBER 11, 2023

Singapore Employment Laws & Regulations Singapore’s employment laws are designed to ensure fair and equitable treatment of employees, maintain a safe working environment, and support the country’s economic development.

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DECEMBER 20, 2023

Payroll and Taxes in Spain Navigating the Spanish tax system is crucial when hiring employees. Employers must withhold income tax from employees’ salaries and submit it to the tax authorities. Seeking the assistance of a qualified accountant can help ensure accurate payroll processing and tax compliance.

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MARCH 14, 2024

In this comprehensive guide, we delve into the essential aspects of hiring employees in Guyana, providing valuable insights and practical tips for employers. What Are The Employment Laws in Guyana? Payroll Process: Payroll processing in Guyana involves calculating and disbursing employee salaries, wages, bonuses, and benefits.

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APRIL 2, 2024

Permanent employment contracts offer stability and often include benefits such as health insurance, retirement plans, and paid leave. Payroll and Taxes in Liberia Payroll and taxes in Liberia are governed by the country’s tax laws and regulations, which are administered by the Liberia Revenue Authority (LRA).

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