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The staffing partner may also offer payrolling services and act as the employer of record, or that role may be performed by another provider. For compliance and risk mitigation. Further, it’s important to be aware that whoever does the payroll will be the ‘employer of record’. Can you succeed without an MSP?
Bildikar is the leader of HR practices at Neeyamo, a global payroll and employer-of-record platform established in 2009. Bildikar’s domain and technology expertise span talent acquisition, employee relations, training and development, compensation and benefits, and legal compliance in the core HR area.
Compliance and Risk Management: Compliance Tracking : Ensures adherence to labor laws and regulations. Audit Trails : Maintains a record of changes to employee data for compliance purposes. Mobile Accessibility : Provides mobile access to essential HR functions, allowing employees and managers to perform tasks on the go.
Familiarize yourself with these laws to ensure compliance and avoid legal issues down the line. Superannuation Contributions: Australia has a compulsory superannuation system where employers are required to contribute a percentage of their employees’ earnings to a superannuation fund.
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