3 Options for a Global Company Hiring Employees in Nigeria
ARTICLES 3 Options for a Global Company Hiring Employees in Nigeria 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 […]
How to Overcome the Challenges of Managing Remote & Distributed Teams
The benefits of a remote workforce are clear. You get to tap from a geographically distant talent that would have been previously unavailable, save commute time and is a kind of benefits package that attracts and retains top talent. Yet, critics have growing concerns that employee welfare and productivity may tank when businesses adopt a […]
9 Add-Ons You Should Consider When Choosing a PEO in Nigeria
While professional employer organisations (PEO) in Nigeria should be well-known for providing services such as benefits and payroll, they are capable of much more. To attract and retain the best talent in today’s competitive workforce environment, for-profit and non-profit organisations are constantly looking for strategic advantages and cost savings. In addition, with many organisations embracing […]
Should You Set-Up a Foreign Subsidiary in Africa?
As the opportunities in Africa continue to multiply, organisations are now increasingly curious about their chances on the continent, with some already committing resources to establishing a foothold therein. Already, the FDI inflows into Africa reached a new high of $83billion in 2021. It is no wonder that some experts have dubbed Africa the biggest […]
How to Conduct a Global Payroll Audit in 8 Steps
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 […]
9 Offboarding Best Practices for Maintaining Compliance in Nigeria
Today’s competitive market requires a well-implemented offboarding best practices process to facilitate a compliant and seamless transition when employees leave an organisation. Handling employee offboarding sensitively and compliantly for your entire business and team is crucial. “Offboarding” marks the end of an employee’s working relationship with their employer due to termination, resignation or retirement. If […]
5 Critical Benefits of a PEO in Global Business Expansion
Benefits of a PEO — Business expansion across borders can be exciting. From putting together your global expansion plan to hiring more employees, reaching more customers and expanding your product/service reach, this exciting growth can, however present with a variety of changes. Without matching the need to grow profitably with the effective management and planning […]
9 Key Qualities of a PEO Service Provider
PEO service providers — One integral requisite for any business seeking to transition or expand its operations overseas is to get the services of a standard PEO provider. According to the National Association of Professional Employer Organisations (NAPEO), companies that work with a PEO grow 7 to 9% faster than those who don’t. PEO […]
How to Hack Business Growth Leveraging Africa PEO Services
Africa PEO services — Expanding to a new country is exciting! It opens up so many possibilities for success. As executives, we all want our respective businesses to succeed, right? But, the complexities involved in global expansion may dampen such excitement. However, this shouldn’t stop your plans; you can still expand your business to […]
A Detailed Guide to Statutory Contributions in Nigeria
ARTICLES Table of Contents Summary National Housing Fund (NHF) National Health Insurance Scheme (NHIS) Personal Income Tax Pension Fund Industrial Training Fund Nigeria Social Insurance Fund Partner with us Summary In Nigeria, employers and employees are required to make statutory contributions to the government. These contributions are made to bodies like the National Pension Commission, […]
A Quick Introduction to Payroll Management
Introduction to Payroll Management — Payroll plays a central and strategic role for winning organisations. This is because it reflects a business’s financial stability, operational efficiency, and reputation by its function. It also directly impacts employee experience, and a good payroll management system saves organisations from compliance concerns that could result in hefty fines or […]
Driving Strategic Payroll Solutions for Your Organisation
Strategic payroll solutions and tips for your company — Depending on your type of organisation, you are bound to engage people’s services under different contracts. These differences vary and can result from work duration, type of service required, location of the team members, etc. Here are some common classes of employees and how payroll management […]