5 Ways An Employer of Record Protects Companies From Legal Risks
Amidst the bustling arena of modern business, global companies today are confronted with a web of constantly shifting employment laws and regulations. From the intricacies of hiring to the nuances of tax compliance, the legal challenges of managing a workforce can be overwhelming. It is common knowledge today that organisational global ambitions are notably met […]
How Employer of Record Streamlines Global Payroll Compliance
Global payroll compliance is the adherence of businesses to laws and regulations related to payroll and payroll taxes across different locations. Legitimate organisations must comply with legislation at local, state, and federal levels to sustain their operations. Failure to comply can lead to penalties at every level, but companies that put payroll compliance first protect […]
How Businesses Can Classify Employees For HR Compliance
Employee classification is a system of categorising employees based on their responsibilities, job duties, legal status, compensation, and entitlements. This classification determines employees’ pay, tax circumstances, and eligibility for company benefits. Categorising employees into groups that satisfy particular business needs – such as subdividing workers by title, executive status, or paycheck frequency – aids in […]
Navigating Business Cost Challenges: How Employer of Record Can Help
Navigating the challenges of business costs is a critical concern for companies worldwide, and Singapore is no exception. ManpowerGroup’s latest Employment Outlook Survey recent report concluded that hiring sentiments in Singapore have softened for the second consecutive quarter in 2024. Out of 525 employers surveyed, 41% plan to hire, 17% expect to reduce their staffing […]
How Businesses Can Achieve Growth With Employer of Record
In today’s fast-paced and ever-evolving business landscape, operational flexibility is no longer a luxury but a necessity. Companies must swiftly respond to market fluctuations – seizing opportunities and adapting to challenges in real-time to maintain a competitive edge. This adaptability not only ensures survival but also positions businesses to thrive amidst uncertainty in today’s economic […]
How an Employer of Record Helps With Business Cost Reduction
The world and workforce today is a changing landscape. In 2025, it is predicted that 70% of global GDP growth will come from emerging markets. Thanks to the advancement of technology, we are able to reach people in seconds as opposed to days – given this context, companies, especially those in developed countries, are expanding […]