Whether you are the CEO of an enterprise or the hiring manager in a mid-sized startup, you will likely agree that expanding your footprint often means navigating a labyrinth of local labor laws. Among the most crucial factors to consider, and often misunderstood, is severance pay. Far from a simple handout, severance is a complex […]
Choosing between salary vs hourly pay is a critical decision for businesses, as it directly impacts payroll management, employee satisfaction, and overall operational efficiency. Both models come with distinct advantages and challenges, making it essential to weigh the hourly pay vs salary before implementing a compensation structure. In this blog, we analyze the fundamental distinctions […]
If you are an employer, knowing what you need to do to keep your tax reporting on track with the IRS is essential. The most important form you’ll deal with is Form W-2, which is used to report employee wages and the taxes withheld for the year. If you do not meet the requirements for […]
Navigating the intricate landscape of Colorado labor laws can be challenging for businesses of all sizes. This blog offers a concise overview of essential topics under Colorado employment laws, including minimum wage, overtime, breaks, leaves, and benefits. It also examines recent legislative changes and key Colorado workplace laws related to privacy, anti-retaliation, and discrimination. Additionally, […]
Traditional employment models are being replaced by more flexible arrangements for the way the modern workplace is evolving. Two prominent figures in this shift are freelancers and gig workers. Often used interchangeably, these terms do actually have different meanings with huge implications for businesses. This blog post will delve into the key differences in the […]
For small businesses working with freelancers, understanding the nuances between 1099-NEC and 1099-MISC is essential for accurate tax reporting and compliance. These forms are used to report non-employee compensation and other types of payments, but they serve different purposes. In this blog, we will clarify the differences between 1099 MISC and 1099 NEC, discuss filing […]
Have you been having trouble hiring top-tier software development talent? In today’s fast-paced digital world, businesses of all sizes are turning to hire remote software developers to fuel their growth. If you have a global talent pool, you will be able to bring any skilled professional to the table who can assist you in the […]
A well-designed software/product is crucial for SaaS-based tech ventures to attract and retain customers, regardless of their size or industry. To stay competitive, businesses need to leverage technology to streamline operations, improve customer experience, and drive growth. A dedicated software development team can make the difference between unlocking your business potential. Hiring skilled software developers […]
Freelancers are an ideal choice if you want to grow your business without the headache of full-time hiring. They can bring flexibility, specialized skills, and cost-effectiveness. However, navigating through the hiring and managing process for freelancers can be daunting. In this blog, we will examine the ins and outs of hiring freelancers: when to bring […]
As businesses become more globalized, expanding your operations into new markets is both an exciting prospect and a daunting series of hurdles. The biggest hurdle amongst them is understanding the intricacies of local labor laws and tax regulations. An Employer of Record (EOR) can be a game changer in this space. An EOR is a […]
