ARTICLES Summary 3 Options for a Global Company Hiring Staff in Nigeria Establish a Legal Entity Hire Talent as Contractors Why Hire Independent Contractors in Nigeria Partner with an Employer of Record (EOR) in Nigeria Start Hiring Employees in Nigeria and Across Africa Table of Contents Summary Compliance with statutory deductions is crucial […]
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ARTICLES Summary 3 Options for a Global Company Hiring Staff in Nigeria Establish a Legal Entity Hire Talent as Contractors Why Hire Independent Contractors in Nigeria Partner with an Employer of Record (EOR) in Nigeria Start Hiring Employees in Nigeria and Across Africa Table of Contents Summary Global firms operating in Africa are
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ARTICLES Summary 3 Options for a Global Company Hiring Staff in Nigeria Establish a Legal Entity Hire Talent as Contractors Why Hire Independent Contractors in Nigeria Partner with an Employer of Record (EOR) in Nigeria Start Hiring Employees in Nigeria and Across Africa Table of Contents Summary The rise of remote work offers
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ARTICLES Summary 3 Options for a Global Company Hiring Staff in Nigeria Establish a Legal Entity Hire Talent as Contractors Why Hire Independent Contractors in Nigeria Partner with an Employer of Record (EOR) in Nigeria Start Hiring Employees in Nigeria and Across Africa Table of Contents Summary In the dynamic landscape of African
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What Is Minimum Wage? Minimum wage is the lowest amount of pay an employee can legally receive from his or her employer. In the United States, the current federal minimum wage is $7.25 per hour. However, for Nigeria, the history of minimum wage is more complicated. History of the Minimum Wage in Nigeria The first
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This is a complete guide to the 13th month pay for employees (remote, distribute or onsite) teams based in Africa. We’ll show you the following: What precisely the 13th month payment entails. Difference between 13th and 14th month pay. How to calculate the 13th month salary The general practices and statutory requirements for the thirteenth-month
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As a global organisation, you should conduct a payroll audit regularly, whether you are striving to ensure your payroll processes are accurate and compliant or your business is preparing for an inspection from a regulatory body. When properly administered, a payroll audit is an effective way to ensure that proficient payroll processing meets your legal
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What is Payroll accounting, you ask? Payroll Accounting involves the recording of all transactions in your books. Payroll accounting also consists of filing and tracking employee compensation data like money withheld from each paycheck, taxes, and benefits the employee receives. What Does Payroll Accounting Include? Employee compensation Payroll taxes Employer taxes The employer portion of
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It’s easy to confuse salary revision with terms like a salary increase, increment, structure and the like, so what is salary revision? Salary revision involves modifying a pay structure, including all primary salary components — before paying salaries to employees within an organisation. This payroll modification is a broader term for comprehensively reviewing all salary
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Tax is imposed on persons either in employment or is running their small businesses under a business name or partnership. PAYE and Direct Assessment are ways of assessing individuals to tax in Nigeria. The Personal Income Tax Act (Cap P8 LFN 2004) is the legislation guiding the taxation of personal income in Nigeria. Under the
Pay As You Earn (PAYE) vs Direct Assessment Tax in Nigeria Read More »