An employment allowance is a payment made by an employer to an employee as part of their salary or wages. Allowances are typically paid in addition to the employee’s base pay.     Allowances are often non-contractual and as such can be revoked by employers.   Common employee allowance examples: The costs of traveling […]

  Global payroll is complex because it refers to managing employee compensation in different countries, including dealing with different local taxes, laws…

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  Payroll benefits are the various compensation and perks provided to employees in addition to their regular pay and there are funded through a combination of employer contributions and employee deductions. Some payroll benefits, like unemployment insurance, are required by law, while others, are offered by employers to attract and retain top talent.   Common […]

  A multi currency account is an account with a provider that offers its customers bank accounts in different currencies.   For example, a Scottish company can open a Scottish  bank account with a multi-currency account provider, an account in euros, an account in US dollars and an account in Dirhams – depending on which […]