What is Overtime? Overtime refers to the additional hours worked by an employee beyond their regular working hours as defined by their employer. Overtime pay is the additional compensation that employees receive for working those hours. In the United States,...
Resources
US Bureau of Labor Statistics 2023 Annual Unemployment Average: Regional and State Summary out now
Unemployment levels in certain regions provide valuable insights that help recruitment businesses make informed decisions about supply of labor, competition they may be facing, broader economic trends and strategic planning. So far in 2024, the US recorded...
Common health insurance terms and their meaning – Part 2
Health insurance in the US The language of health insurance can be hard to understand. However, it’s becoming more and more important for health care consumers to have at least a basic knowledge of the industry’s terminology. We previously covered some of the most...
Navigating leave policies for new parents in the US
Leave policies for new parents in the United States have been a topic of debate and discussion for years. The US does not have a federally mandated paid parental leave policy, leaving millions of new parents and their employers to navigate a patchwork of state and...
What you need to know about 401(k)
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...
Common health insurance terms and their meaning
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 you need to know about PTO in the US
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 you should know about sick leave in the US
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...
Lead & Gain Workforce Solutions Expands Offering With New Partnership
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...
Why you should work with an EOR to grow your recruitment business globally
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...