Benchmarking Compensation Employer of Record 
Immedis
MARCH 25, 2021
Today we are delighted to feature a guest post from Globalization Partners , whose Employer of Record (EOR) technology leads the way in enabling companies to expand globally. . Take the Facebook approach and re-benchmark the employees’ compensation to align with the payments in the new location.
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NOVEMBER 21, 2023
Additionally, the EO sets out standard working hours and overtime compensation guidelines. Negotiating Compensation: Negotiating compensation in Hong Kong can be different from other markets. Understanding the local salary benchmarks for your role and industry is crucial for effective negotiation.
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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.
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APRIL 1, 2024
It’s essential for candidates to conduct research on salary benchmarks and industry standards to negotiate effectively. Contract Signing and Onboarding Upon reaching an agreement, the final step involves signing the employment contract. Taxable income includes salaries, wages, bonuses, and other forms of compensation.
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JULY 24, 2023
Offer Competitive Compensation and Benefits To attract top international talent, it’s crucial to offer competitive compensation packages. Familiarize yourself with the global compensation norms for the positions you’re hiring for in different regions.
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JULY 12, 2023
Fortunately, collaborating with an employer of record (EOR) helps in managing these challenges. Introduction to EORs and their Role in Supporting Direct Sourcing Programs An employer of record (EOR) is a professional service provider that acts as an intermediary between employers and workers.
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DECEMBER 8, 2023
Employment Contracts and Terms: In the Philippines, employment contracts play a crucial role in defining the terms and conditions of employment. Both employers and employees are required to adhere to the terms stipulated in the contract. Overtime Pay: Additional compensation for work done beyond regular hours.
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