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What are Mandatory Benefits

WEBMandatory Benefits refer to the minimum set of benefits that employers are legally required to provide to their employees, as dictated by local, regional, or national laws. These …

Actived: 5 days ago

URL: https://www.playroll.com/hr-glossary/mandatory-benefits

What is Cobra Coverage

WEBPlayroll was designed to elevate how you hire, onboard, manage, and pay your global workforce all while ensuring compliance, helping your teams work faster and your …

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Employer-Sponsored Health Insurance: What is it

WEBEmployer-sponsored health insurance refers to health coverage provided by employers to their employees as part of their overall compensation package. These health insurance …

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What is a Common-law Employee

WEBWhat is a Common-Law Employee? Common-law employees are individuals whose work relationship with an employer is characterized by factors such as control, direction, and …

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Statutory and Non-Statutory Benefits Explained Playroll

WEBLegality: Statutory benefits are mandatory and required by law, while non-statutory benefits are optional perks provided voluntarily by employers. Purpose: …

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Understanding Payroll Benefits

WEBBenefits of Payroll Management. Operational Efficiency: Streamlined payroll processes reduce administrative burdens and save time for HR professionals, allowing them to …

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Top 10 Countries with Free Healthcare Playroll

WEBDenmark closes our list of top ten countries with free healthcare. Denmark's free and universal healthcare system is government-funded through taxes and offers free …

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What are Fringe Benefits

WEBPlayroll is a global employment platform that enables businesses to hire around the world. Playroll was designed to elevate how you hire, onboard, manage, and pay your global …

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What is Absence Management

WEBExamples of Absence Management: Consider a scenario where an employee is consistently absent due to recurring health issues. Instead of simply recording the absences, …

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What is a Qualifying Life Event

WEBPlayroll is a global employment platform that enables businesses to hire around the world. Playroll was designed to elevate how you hire, onboard, manage, and pay your global …

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Understanding Working Days: Definition & Calculation Playroll

WEBWorking days refer to the days of the week when businesses and organizations operate and employees are expected to work. These days typically exclude weekends (Saturday and …

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What is Absence Rate

WEBWhat is Absence Rate? It is a fundamental metric that quantifies the proportion of workdays affected by employee absences within a specific period. It provides a percentage-based …

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How do I employ someone outside the US

WEBOne of the most popular ways to recruit remote workers is through LinkedIn. Over 800 million people use the platform worldwide, and the vast majority of them are …

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Avoiding Employee Misclassification Penalties Playroll

WEBRemote workers and employee misclassification. Remote hiring carries a heightened risk of misclassification, for a number of reasons. Companies don’t pay tax on a contractor’s …

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Supporting Employee and Company Benefits Worldwide Playroll

WEBFor Growing Distributed Teams. Nurture your team, fuel your business. Win and retain global talent by providing competitive, country-specific benefits through Playroll. Our …

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7 Common Payroll Errors & How to Avoid Them Playroll

WEBEven for a well-oiled organization, that’s a whole lot to juggle. And with so many global HR factors to account for, it becomes all too easy to make small mistakes that can add up in …

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Part Time Employment: What You Need to Know Playroll

WEBPart time employees, as the name implies, put in fewer hours of work when compared with their full-time counterparts, and while there is no globally accepted …

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2023 Best Maternity Leave in the World Playroll

WEBBulgarian policies are not just about quantity, but quality and Bulgaria leads in terms of offering the best maternity leave in the world. By offering a vast 58.6 weeks of maternity …

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How Many Hours is Full Time

WEBHow Many Hours is Full Time Employment. When it comes to distinguishing full-time from part-time hours, industry norms play an important role. Different sectors set their own …

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