• What Is a Rotational Assignment?
    A rotational assignment is a structured career development strategy where employees temporarily move between different roles, departments, or locations within an organization for a predetermined period. … Rotational assignments serve multiple strategic purposes and can span from a few weeks to several months, allowing employees to gain experience in various business functions while maintaining …
    Type: Glossary
  • What Is International Double Taxation?
    International double taxation occurs when the same income or financial transaction is taxed by multiple jurisdictions, typically when businesses or individuals operate across national borders. … The complexity of international double taxation arises from the overlapping tax claims between countries. For example, one country might tax income based on where it was earned (source-based taxation). In …
    Type: Glossary
  • Human Capital Risk: 6 Tips For HR Teams
    It can be said that a business’s greatest asset is its human capital. While many believe that products and services drive revenue the people who create and provide these goods make them worthwhile. One aspect of HR management involves implementing effective strategies to mitigate human capital risk. The following fundamentals and tips help organizations protect and optimize their most valuable …
    Type: Resource (Article)
  • What Is an H-1B Visa?
    An H-1B visa is a U.S. work permit that enables employers to hire foreign professionals in specialty occupations requiring specialized knowledge and at least a bachelor’s degree. … When a company wants to hire a foreign worker with a specific skill set, it typically chooses to apply for an H-1B visa. The U.S. government issues H-1B visas (or one of its subcategories) to workers in specialty …
    Type: Glossary
  • Which Payroll Taxes Are Paid by Employers?
    Employer-paid payroll taxes are mandatory contributions organizations make to government entities to fund various social programs and initiatives. These taxes are distinct from those withheld from employee wages and represent an additional employment cost for businesses.Employer-paid vary significantly across countries states and even local jurisdictions. This diversity adds a layer of complexity …
    Type: Resource (Article)
  • What Is a Tripartite Agreement?
    A tripartite agreement, or tri-party agreement, refers to any legal agreement between three separate parties. … Tripartite agreements are essential frameworks for managing complex relationships and transactions. The structure allows multiple stakeholders to coordinate their roles and responsibilities while protecting the interests of all involved parties. For international employment …
    Type: Glossary
  • What Is an A1 Certificate?
    An A1 certificate verifies the country where an employee pays social security contributions when working temporarily in another European nation. … In the European Union (EU), citizens can freely move among EU member states to live and work. However, when visiting another European country for business purposes, EU citizens must prove where they pay social security. Employers use an A1 certificate …
    Type: Glossary
  • What is International Employment?
    International employment is the practice of hiring and managing employees who live and work in countries different from where their employer is based. … The modern workplace breaches traditional geographic boundaries, and organizations that embrace international employment can gain significant competitive advantages. The benefits include sourcing talent with various skills and experience, hiring …
    Type: Glossary
  • What Is International Labor Law?
    International labor law comprises the rules and regulations governing employment relationships across borders, including the rights and obligations of workers, employers, unions, and governments. … International labor law operates at multiple levels through both public and private international frameworks. The International Labour Organization (ILO) , a specialized UN agency with 187 member …
    Type: Glossary
  • What Are In-Kind Benefits?
    In-kind benefits are non-monetary forms of compensation provided to employees in addition to their regular salary. … Also called “benefits in kind,” perks, or fringe benefits , almost anything of value offered to employees beyond wages or a salary can qualify as “in-kind.” Organizations offer these non-cash perks to their workforce to increase job satisfaction and improve work-life balance. They …
    Type: Glossary