What is flexible work?

Flexible work

Flexible work is a way of working that suits an employee's needs rather than following a strict pattern outlined by the employer.

Types of flexible working

There are numerous different ways that an employer can adopt flexible working, from agreeing to small changes in working hours to taking a more β€˜people first’ approach to work policy, for example. A few flexible approaches to working policies might include:

  • allowing employees to work remotely from home
  • allowing employees to work remotely from anywhere in the world
  • offering the option to switch from full-time to part-time hours
  • enabling an employee to work compressed hours, working their usual hours in fewer days
  • offering flexitime, where workers can choose when they make up their hours
  • asynchronous work, where workers don’t have to communicate in real-time so they don’t feel obliged to attend meetings at certain times

Disclaimer: This article and all information in it is provided for general informational purposes only. It does not, and is not intended to, constitute legal or tax advice. You should consult with a qualified legal or tax professional for advice regarding any legal or tax matter and prior to acting (or refraining from acting) on the basis of any information provided on this website.

FAQ’s

What is an EOR?

An employer of record (EOR) is an entity that legally employs workers on behalf of another business. An EOR takes full responsibility for all aspects of employment, including compliance, payroll, taxes, and benefits.

Is it hard to switch from another EOR provider?

Switching from one employer of record partner to another can be seamless with the right planning and support. Oyster offers a dedicated team of specialists who guide you through the process compliantly, while keeping your team members’ experience at the center.

What is an EOR in payroll?

An employer of record is an entity that employs workers on behalf of another business. An EOR partner takes on the responsibility of many HR services, including payroll administration. When you work with an EOR partner to employ global talent, you provide funds to the EOR and they will handle salary disbursement, ensuring proper tax withholding, social security contributions, and retirement account funding.

What’s the difference between an EOR and a PEO?

An employer of record (EOR) directly employs workers on behalf of another company, while a professional employer organization (PEO) co-employs workers with the employer. Professional employer organizations manage specific HR tasks like payroll, taxes, and employee benefits, while the employer retains control over day-to-day operations and employee management. With PEO services, the employer shares liability with its professional employer organization partner. In contrast, an EOR assumes full liability for compliance with labor laws, payroll, taxes, and benefits management.

Is using an employer of record (EOR) legal?

Using an employer of record (EOR) is legal, and helps businesses manage distributed teams without setting up local entities which can be costly and time-consuming.

Acerca de Oyster

Oyster es una plataforma de empleo global diseΓ±ada para permitir a los lΓ­deres de RRHH visionarios encontrar, contratar, pagar, gestionar, desarrollar y cuidar de una fuerza laboral distribuida prΓ³spera. Oyster permite a las empresas en crecimiento ofrecer a los valiosos miembros del equipo internacional la experiencia que se merecen, sin los habituales dolores de cabeza y gastos.
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Oyster permite contratar en cualquier parte del mundo, con una nΓ³mina fiable y conforme a la normativa, y con excelentes beneficios y ventajas locales.
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