What is a 401(k) plan? A 401(k) plan is an employer-sponsored, personal pension (savings) account, provided by numerous American employers, offering tax benefits to participants. It’s named after a section of the U.S. Internal Revenue Code (IRC). As an employee...
Health insurance in the US In the US, health insurance plays a critical role in ensuring access to healthcare, protecting against financial hardship, promoting preventive care and complying with legal requirements. Under the Affordable Care Act (ACA), most Americans...
What is PTO? Paid time off (PTO) is often part of the benefit package employees receive from their employer in the US. It allows employees to take time off work and still receive their regular pay. PTO vs Vacation If you’re coming from outside the US, the terms...
What is sick leave? Sick leave is time that an employee can take off if they, or a family member, are sick. There are two types: paid and unpaid sick leave. With paid sick leave the employee receives the same wages as if they worked. Regulations in the US If you...
We are pleased to announce the launch of a new, fully integrated back office, Employer of Record, Agent of Record and contractor funding solution, in partnership with recruitment funding and back-office provider, 3R. The Solution Aimed at new and existing UK and US...
An EOR, or Employer of Record, can play a crucial role in helping a business expand globally by simplifying and managing various aspects of international employment. Here are five benefits of working with an EOR during that time: Access to ongoing guidance from...
If you’re thinking about supporting US businesses from the UK, there are a few unspoken rules that can lead to securing more business for your company. While the following suggestions may not be legally required, as a non-American vendor you may want to consider...
We previously covered some of the main differences in employment regulations between the UK and the US. In this blog post, we’ll look at three important legal considerations and examine how they can significantly impact your recruitment strategy. You can read part...
Recruitment firms are constantly seeking new opportunities to grow their operations and identify skilled candidates for their clients. The US is the largest recruitment market in the world holding a whopping 34% market share. With many industries you can recruit in,...
The differences between employment regulations in the UK and the US can be substantial, and having a firm grasp of these disparities is crucial for a successful foray into the US job market. Recently, we explored some key aspects of labor law in the US which can...