Month: August 2022

international payroll outsourcing employee expense tracking approval

International Payroll Outsourcing : Employee Expense Tracking and Approval

In today’s day and age, business is not limited to the boundaries of a country. Investors look worldwide to expand their businesses in the global economy. Expense tracking is an integral part of the human resources management process. Expenses incurred by employees are a part of organizational expenses. Proper and accurate recording of employee expenses can help in planning for future expenses and tax purposes. We will briefly cover all aspects of employee tracking and approval and how a global …

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global payroll solution time and attendance tracking and approval

Global Payroll Outsourcing : Time and Attendance Tracking and Approval

To increase corporate productivity and competitiveness, it is essential to track the time and attendance of your workers. Employers who use efficient timekeeping techniques can assist staff in accomplishing organizational objectives and deadlines, improve customer happiness, and increase general understanding of staff productivity. Employer of Record is one of the predominant payroll services in UAE. Why Every Company Should Monitor Employee Time and Attendance Information:     1. Increase Staff Productivity How successfully you handle staff time and attendance will …

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role professional employer organization peo companies

Role of Professional Employer Organization (PEO) for Companies

Co-employment is a full-service human resource outsourcing model that utilizes professional employer organizations. In this alliance, the PEO handles a variety of employee administrative duties on behalf of a firm, entailing payroll and benefits administration. Some PEOs also enlist strategic services, but since no two are rigorously identical, it’s vital to investigate and contrast different PEO service providers. What is the Role of the Professional Employer Organization (PEO) for Companies? You might be able to enlarge your corporation while standing …

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basic salary under the new uae labor law

Basic Salary Under the New UAE Labor Law (2022)

To create accurate remuneration for employees, it is essential to comprehend how to compute basic salary in UAE labor law. The calculation of yearly leave and end-of-service gratuity both depend on the basic salary, which also serves as the cornerstone of the net compensation that employees will earn. You can’t afford to make mistakes here because basic income is so crucial in figuring out the latter. Quick Enquiry   This is particularly essential because, as of February 2, 2022, Federal …

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hr outsourcing services small business uae

HR Outsourcing Services for Small Business in UAE

Managing employees is very easy if you are a two-people business. However, as the business continues to grow, an HR department can quickly become necessary. That is when there is a need for you to ask yourself: has payroll processing already bogged down the business operations? Is the attrition rate in the business outpacing the recruitment of staff members? Is the business looking for an alternative to an expensive staffing system retained in-house? If you answered yes to these questions, …

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manage global compensation with global payroll solutions

How to Manage Global Compensation with Global Payroll Solutions

Even for businesses that operate exclusively locally, processing payroll is a challenging task. It’s simple to initially feel overwhelmed if you’re considering employing people from around the world. Payroll outsourcing is a common practice by companies where they partner with payroll processing companies to manage the global compensation of their employees in different parts of the world. Handling global payroll can be challenging due to a number of considerations, including local benefit packages and currency exchange rates, as well as the …

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