Bi-weekly payroll refers to when employees receive paychecks every two weeks. … On a bi-weekly payroll schedule, employees typically receive pay on a specific day every other week, regardless of when the month ends. This schedule results in 26 pay periods per year or 27 pay periods during a leap year. … Bi-weekly payroll vs. semi-monthly payroll … Bi-weekly and semi-monthly payroll are often …
Type: Glossary
Ensuring your supported employees have a positive experience with their employer of record EOR is crucial for maintaining trust and satisfaction. Learning that they will be employed by an EOR can initially be confusing and concerning for employees especially if they're unfamiliar with the term or have had a negative experience with a past EOR. Concerns over the potential for delayed payments poor …
Type: Resource (Article)
A payout refers to the transfer of funds, assets, or benefits to individuals, entities, or investors. … Typically, payouts are made as compensation, rewards, or settlements. Examples of payouts include salaries and wages, dividends, and insurance settlements. While payouts are commonly in the form of currency, they can also be goods, stocks, cryptocurrency, or vouchers. People frequently use …
Type: Glossary
A non-employee is an individual who works for an organization but is not formally employed by that organization. … Non-employees may work on a temporary, freelance, or contract basis, and they typically do not have the same level of job security or benefits as regular employees. … Examples of non-employees … There are several types of non-employees, each characterized by different work …
Type: Glossary
Maternity leave is the period of time in which a new mother takes off work before and after the birth of their child. Employees may also take maternity leave when they adopt or foster children. … Maternity leave can be both paid and unpaid, depending on state or country laws, company policies, and the specific circumstances of the employee. Maternity leave is a mandatory employee benefit in many …
Type: Glossary
Form SS-8 is a document that requests a decision on a U.S. worker's status for federal employment taxes and income tax withholding purposes, specifically whether the worker is considered to be an employee or an independent contractor. … The need for Form SS-8 arises when there is uncertainty or disagreement regarding the classification of a U.S. worker as either an employee or an independent …
Type: Glossary
Offboarding is the process of managing and facilitating an employee's departure from a company. … The purpose of offboarding is to ensure a smooth and organized transition for employees who are leaving a company. Companies offboard employees for reasons like resignation, retirement, and termination. … Offboarding vs. onboarding … Offboarding is the counterpart of onboarding, which involves …
Type: Glossary
Founded in 2000 Rapid7 simplifies cybersecurity with visibility analytics and automation delivered through its security platform InsightCloudSec. Rapid7’s solutions allow security teams to work more effectively with IT and development to reduce vulnerabilities monitor for malicious behavior halt attacks and automate routine tasks. As a technology company Rapid7 understood that attracting and …
Type: Resource (Article)
The well-educated and skilled workforce of The Netherlands offers exciting opportunities for foreign employers seeking expansion into the Dutch market. Still companies engaging talent in The Netherlands must understand and comply with the country’s local labor laws and mandatory benefits including its maternity leave policies. The Netherlands is known for its generous leave benefits that promote …
Type: Resource (Article)
Expanding your global workforce to Portugal offers numerous advantages including a pool of skilled remote workers and a well-developed education system and business infrastructure making it a potentially cost-effective destination for companies seeking top talent. Strategically located Portugal offers access to diverse markets including Europe Africa and South America. Also English proficiency is …
Type: Resource (Article)