• What Is Global PEO?
    A global professional employer organization (PEO) is a global employment solution that enables companies to hire and pay supported employees anywhere in the world quickly, compliantly, and without the burden of establishing a … foreign legal entity … . … Companies hire global PEO providers to outsource international hiring. A global PEO is a legal entity that employs global employees on a …
    Type: Glossary
  • What Is Employee Benefits Administration?
    Employee benefits administration is the process of establishing and managing the various benefits an organization offers its employees in a total compensation package. … Benefits administrators within an HR department are typically responsible for benefits administration. Benefits administration generally involves: Reviewing and selecting benefits options Communicating with benefits vendors …
    Type: Glossary
  • What Is a Compensation Package?
    A compensation package refers to the salary, benefits, and other forms of remuneration an employer offers employees for their work. … A total compensation package encompasses various compensation elements beyond the employee’s basic wage or salary . It is a comprehensive set of rewards and incentives designed to attract new talent, retain employees, and motivate employees for the time and skills …
    Type: Glossary
  • Employee Misclassification Penalties: What Employers Should Know
    When hiring global talent employee classification quickly becomes complicated. Engaging a diverse workforce of remote workers distributed employees and international contractors while following various country laws and payroll regulations is an understandable challenge. However misclassifying an employee as a contractor seriously violates labor laws and employee rights. Misclassification denies …
    Type: Resource (Article)
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    Type: Component Page
  • What Is Remote Work?
    Remote work, also known as work from home or online work from home is a flexible working arrangement that allows employees to work outside of a traditional office location. Remote work employees often utilize technology to work from their homes, coworking spaces, coffee shops, or other locations outside of their company-owned office. Employers offering remote work allow their workforce to have …
    Type: Glossary
  • What Is IRS Form 673?
    Form 673 is an Internal Revenue Service (IRS) tax form to claim an exemption from U.S. income tax withholding a U.S. employee earns on foreign wages abroad. … Form 673 is also called “Statement for Claiming Exemption from Withholding on Foreign Earned Income Eligible for the Exclusion(s).” Americans living and working abroad for a U.S. company may qualify for a tax exemption. Form 673 permits the …
    Type: Glossary
  • What Are Conditions of Employment?
    Conditions of employment are the terms, requirements, and policies an employee and employer agree to in their working relationship as outlined in an employment agreement. … Conditions of employment, or terms of employment, spell out the rights and obligations of the employer and employee in a written employment contract . The employer and a new hire must understand and agree upon these conditions …
    Type: Glossary
  • 1099 Employees: What to Know to Stay Compliant
    In today's dynamic talent landscape businesses often turn to 1099 employees also typically called contractors to fill specialized roles or take on project-based needs. Employers engaging 1099 employees must understand the key distinctions that differentiate them from traditional W-2 employees. The following guide discusses the basics of 1099 employees explores the pros and cons of engaging …
    Type: Resource (Article)
  • What Is Contract Staffing?
    Contract staffing refers to an employment arrangement where a company hires an individual on a temporary or contract basis for a specific duration, typically to work on a particular project or to fill a specific need. … Contract staffing is also known as temporary staffing or contingent staffing. In a contract staffing arrangement, the employee is not a permanent member of the company’s …
    Type: Glossary