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Glossary
EOR.
Employer of Record—legal employer for compliant hiring without an entity.
Payroll.
Monthly calculation, payment and record‑keeping of salaries and contributions.
Onboarding.
Processes needed before day‑1: contracts, IDs, enrollments.
Offboarding.
Compliant termination, final pay and documentation.
Benefits.
Insurance, allowances and perks managed alongside payroll.
Withholding.
Statutory deductions for tax or social security.
Payslip.
Official monthly salary statement for employees.
Leave Policy.
Rules for annual/sick/parental and public holidays.
Data Privacy.
Controls on personal data access and transfer.
PEO.
Professional Employer Organization—co‑employment model in some markets.