Remove Career Development Remove Employer of Record Remove Retirement
article thumbnail

Guide to Hiring Employees in Colombia

Recruiters Lineup

Employers are required to contribute to these funds, ensuring that employees have access to essential services and financial security during retirement. Understanding the intricacies of the social security system is crucial for both employers and employees to navigate the benefits landscape effectively.

article thumbnail

Enhancing Employee Experience with Employer of Record (EOR) Solutions

Recruiters Lineup

One solution that has gained popularity in recent years is the Employer of Record (EOR) model. What is an Employer of Record (EOR) Solution? An Employer of Record (EOR) is a third-party service provider that takes on the administrative responsibilities of an employer for a specific group of employees.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Guide to Hiring Employees in Singapore

Recruiters Lineup

Both employees and employers contribute a percentage of the employee’s salary to the CPF, which is then used for retirement, healthcare, and housing needs. Workmen’s Compensation Act: This Act outlines the compensation for employees who suffer from work-related injuries or diseases during the course of employment.

article thumbnail

15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Performance Reviews and Feedback : Conducts regular performance evaluations and provides a platform for feedback and development planning. Learning and Development: Training Management : Tracks employee training needs, schedules, and completion status. It offers Core HR, Talent Management, and Employee Experience modules.

article thumbnail

Guide to Hiring Employees in Turkey

Recruiters Lineup

Social Security: Employers and employees are required to contribute to the social security system, providing coverage for various benefits such as health insurance, retirement, and unemployment benefits. Employers are required to provide a workplace free from harassment. Paternity leave is also available for male employees.

article thumbnail

Guide to Hiring Employees in Kenya

Recruiters Lineup

Informal Employment: Informal employment comprises jobs that are not regulated or protected by the government. These jobs are often characterized by low wages, lack of job security, and limited access to benefits such as healthcare and retirement plans. In Kenya, the minimum wage varies depending on the sector and location.

article thumbnail

Guide to Hiring Employees in Kosovo

Recruiters Lineup

Some employers may also offer paternity leave to new fathers. Retirement Benefits: Many employers offer retirement benefits such as pension plans or contributions to a private retirement savings account. This may involve offering training programs, mentorship opportunities, or career advancement pathways.