Extensis

APRIL 29, 2024

As the employer of record, a PEO handles daily employee management tasks but does not take over business operations or control organizational decision-making. This co-employment relationship offers a myriad of advantages. Complimentary benefits ( employee assistance programs , special discounts, etc.)

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JANUARY 3, 2024

Employers often contribute to employees’ pension funds, ensuring that workers can build a financial safety net for their retirement years. Companies may offer financial support for educational courses, workshops, and conferences to help employees stay abreast of industry trends and developments.

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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

Many employers contribute to health insurance premiums, ensuring that their employees and their families have access to quality healthcare without bearing the full financial burden. Retirement Benefits: Irish employees commonly receive retirement benefits designed to support them in their later years.

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APRIL 24, 2023

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.

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DECEMBER 11, 2023

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.

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MARCH 17, 2024

Employers may offer language courses or resources to support language acquisition. The duration and conditions for sick leave entitlement vary depending on the employment contract and length of service. Pension Benefits: Iceland has a robust pension system that provides retirement benefits to its citizens.

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APRIL 17, 2024

Retirement Benefits: Employers often provide retirement benefits in the form of a pension plan or contributions to an employee’s individual retirement account. 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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FEBRUARY 23, 2024

Employers should provide comprehensive training to new hires to ensure they understand their roles, responsibilities, and company procedures. This may include technical skills training, software proficiency courses, and orientation sessions on company policies and protocols. How to Use an Employer of Record (EOR) in Ecuador?

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NOVEMBER 29, 2023

Employers are not required to contribute to a pension scheme, but end-of-service gratuity serves as a form of retirement benefit. Gratuity Pay: Besides end-of-service benefits, employers are required to provide a gratuity payment to employees who have completed a certain period of service.

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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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Recruiters Lineup

FEBRUARY 11, 2024

Additionally, employers are required to contribute to the Costa Rican Social Security System (Caja Costarricense de Seguro Social), which provides healthcare, retirement, and other social benefits to workers. While these benefits can enhance employee satisfaction and productivity, they also represent additional costs for employers.

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NOVEMBER 22, 2023

Retirement Plans: Employers in Canada frequently offer retirement savings plans, such as Registered Pension Plans (RPPs) or Group Registered Retirement Savings Plans (RRSPs). These retirement benefits help employees secure their financial future and create a sense of long-term commitment to the organization.

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JANUARY 25, 2024

Employers are obligated to provide written contracts to employees within the first four weeks of employment. The contract serves as a crucial reference point for resolving any disputes that may arise during the course of employment. How to Use an Employer of Record (EOR) in Barbados?

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DECEMBER 15, 2023

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.

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DECEMBER 20, 2023

Spanish law mandates that both employers and employees contribute to this system, providing a safety net for individuals throughout their professional lives and into retirement. Employers often supplement this by offering private health insurance as an additional benefit. How to Use an Employer of Record (EOR) in Spain?

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DECEMBER 22, 2023

It outlines the terms and conditions of employment, including job responsibilities, working hours, remuneration, and benefits. Permanent employment contracts offer a higher level of job security and often include additional perks such as paid leave, healthcare, and retirement benefits.

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FEBRUARY 29, 2024

Retirement Benefits: Employers may offer retirement benefits such as pensions or contributions to retirement savings plans. These benefits help employees plan for their financial security post-employment. How to Use an Employer of Record (EOR) in Gabon?

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Recruiters Lineup

MARCH 21, 2024

Retirement Benefits: While Jordan’s social security system provides a pension for eligible employees, some employers also offer additional retirement benefits such as employer-sponsored retirement plans or provident funds. How to Use an Employer of Records (EOR) in Jordan?

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MARCH 4, 2024

Here are the common types of employment contracts in Ghana: Permanent Employment Contracts: This type of contract is common for long-term, ongoing employment. Permanent employees typically enjoy job security and are entitled to benefits such as paid leave, health insurance, and retirement benefits.

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DECEMBER 28, 2023

Employers often scrutinize academic achievements and professional certifications closely. Candidates are expected to provide detailed information about their educational background, including specific courses and projects relevant to the position. How to Use an Employer of Record (EOR) in Russia?

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FEBRUARY 1, 2024

Clear communication channels, language courses, and documentation in multiple languages contribute to effective integration and communication within the workplace. Employers in the country understand the significance of providing a comprehensive benefits package to attract and retain a skilled and motivated workforce.

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MARCH 19, 2024

Employee Benefits and Social Security: Employers are required to provide certain benefits to their employees, such as health insurance, social security contributions, and retirement benefits. Work Permits and Visas for Foreign Workers: Employers hiring foreign workers in Indonesia must navigate visa and work permit requirements.

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JANUARY 10, 2024

Health insurance ensures access to medical services, and pension contributions contribute to retirement benefits. Both employers and employees make contributions to this system, ensuring that employees have a source of income in their retirement years. How to Use an Employer of Record (EOR) in Romania?

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DECEMBER 27, 2023

Employers often enhance these benefits by offering additional leave days or flexible work arrangements. Retirement Benefits: Bulgaria operates a pension system that combines state-funded and private pension schemes. Employers and employees make contributions to the state pension fund, ensuring financial security for retirees.

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DECEMBER 18, 2023

Both employers and employees contribute to this system. Retirement Benefits: The mandatory retirement age in Thailand is typically 60 years old. Employers are required to contribute to a provident fund for their employees, and employees may also contribute. How to Use an Employer of Record (EOR) in Thailand?

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FEBRUARY 5, 2024

Whether for employment, business activities, retirement, volunteering, or short-term projects, each type of visa comes with specific requirements and processes that applicants must adhere to for legal and hassle-free stay in Cambodia. How to Use an Employer of Record (EOR) in Cambodia?

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JANUARY 11, 2024

Whether it’s on-the-job training, workshops, or professional development courses, we are committed to helping you enhance your skills and reach your career goals within the company. The mandatory occupational pension system, known as the second pillar, requires employers to contribute to their employees’ pension funds.

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MARCH 11, 2024

These may include: Health Insurance: Some employers provide private health insurance coverage as an additional benefit to their employees. Retirement Plans: While social security provides a basic pension, some employers offer supplementary retirement plans or pensions to help employees save for their future.

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FEBRUARY 21, 2024

Following the orientation, employees may receive specific job training tailored to their roles, which could involve shadowing experienced colleagues, attending training sessions, or completing online courses. Social security contributions cover retirement pensions, disability benefits, and medical care.

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NOVEMBER 30, 2023

The Pension Reform Act of 2014 established the Contributory Pension Scheme, which mandates both employers and employees to make contributions to a retirement savings account. Employee Compensation Act (ECA): This act mandates employers to provide compensation for employees who suffer injuries or die in the course of employment.

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marenated HR

AUGUST 21, 2024

I can’t be hauling my things every place… The Rise of Employer of Record (EOR) Services It’s always fun to watch the aforementioned conference and expo floors change in response to world of work trends. Of course, the decision of where to work globally is deeply personal and depends on individual circumstances, values, and goals.

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MARCH 15, 2024

Training methods vary depending on the nature of the job but may include hands-on instruction, online courses, or mentorship programs. Social Security: Employers are required to contribute to the Honduran social security system, which provides benefits such as retirement pensions, disability benefits, and maternity leave coverage.

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