For those hiring independent contractors, the question of ‘can you fire an independent contractor?’ is often on their minds. While it’s not as simple as firing a regular employee, there are methods to let go of an independent contractor in a legally and professionally acceptable way. This article will discuss the different ways that employers … Read more
Managing remote employees can be a major challenge for employers. How can organizations ensure that their remote workforce is both productive and successful? This article will explore five of the common challenges associated with managing remotely-based employees, as well as strategies to overcome those obstacles. In an increasingly digital world, it has become increasingly important … Read more
The concept of independent contracting is becoming increasingly popular, with more and more workers exploring the potential benefits. Many factors have contributed to this growing trend, including advances in technology that allow for greater flexibility and a desire among many individuals to take control of their own career path. Becoming an independent contractor offers numerous … Read more
In recent years, the concept of indefinite employment has gained popularity among employers and employees alike. Unlike traditional fixed-term contracts, indefinite employment offers greater job security and stability for workers, as well as benefits such as sick leave, vacation time, and insurance. However, there are also potential drawbacks to this type of employment, including reduced … Read more
In-kind benefits are like a key that unlocks the door to greater freedom for businesses. These non-cash forms of payment allow companies to offer goods and services in lieu of cash compensation, allowing them to provide employees with rewards while still accounting for tax implications.
This article will explore the definition, examples, and taxation of these unique types of benefits. In-kind benefits can be an important part of any business’s compensation strategy. Understanding their intricacies is paramount; not only do they give employers more options when it comes to rewarding their staff, but failing to properly document or calculate taxable amounts can lead to costly penalties from the IRS.
As businesses continue to expand and operate across borders, it’s becoming increasingly important for organizations to develop and implement a comprehensive international compensation and benefits review process.
Attracting and retaining top talent from around the world requires more than just competitive salaries and benefits packages. It requires a nuanced understanding of local compliance requirements, global market trends, and the unique needs of an international workforce.
What are supplemental benefits and why have they become such a critical part of the modern workplace? Gone are the days when basic salary and working conditions were enough to keep employees happy and engaged. Nowadays, workers are expecting more from their employers, and it’s up to global organizations to provide these additional benefits.
Supplemental benefits refer to any additional benefits offered by employers beyond basic salary and working conditions. These benefits can include things like health insurance, retirement plans, flexible working arrangements, and more. In this article, we’ll take an in-depth look at what supplemental benefits are, some examples of them, and solutions that can be implemented by global employers.
Flexible workspaces have become increasingly popular in the modern business world, allowing teams from different places to collaborate and build better relationships.
It has been said that they are like a bridge between cultures, offering an environment of trust and understanding where creativity can be shared without boundaries.
This article will explore how flexible workspaces can help foster team building across borders, providing insights into how companies can maximize efficiency while still engaging their employees on a global level.
Telework vs. Remote Work: What’s the Difference? Published On:June 12, 2023 The world of work is changing, and it’s happening at an astonishing rate. In the past few years alone, telework and remote working have become ubiquitous in many industries; they represent a seismic shift in how both employees and employers approach the workplace. This … Read more
Limited term employment is a type of work contract that defines the duration and conditions of employment until completion. It can provide many benefits to employers, employees, as well as independent contractors. However, there are also some potential drawbacks associated with this form of employment which should be taken into consideration.
This article will discuss both the pros and cons of limited term employment in order to analyze its suitability for various working contexts and situations. The study of limited term employment has been receiving increasing attention due to its prevalence across different industries and sectors.