Mobility Hr

4. Can the local salary be defined in a foreign currency? In most cases we must pay employees in the local currency of the country and the salary has to be specified in local currency in the employment contract. If possible, the employee will be paid in the currency of his/her choice, considering the exchange rates and bank charges involved. 5. Can we modify the payment cycle ? Mobility HR can process salary payments outside the normal payroll cycle, except in certain countries. 6. Can Mobility HR pay the salary in a country other than the host country ? Mobility HR can pay salaries in a foreign country if the labour law of the host country allows it. 7. How are taxes and social security contributions handled for employees under a PEO solution ? At Mobility HR, we manage employer, employee and tax charges in accordance with host country requirements. Employee income tax and social security are deducted (withheld) from gross salary in the monthly payroll process and remitted to local authorities as required. These deductions are declared on the employees' payslips. In countries where the employee is responsible for his or her own tax returns, we help employees calculate their taxes and submit their returns to the authorities. 8. How are business expense reimbursements handled at Mobility HR ? We review the expenses and check whether they are taxable or not according to the tax regulations of the host country. Non-taxable expenses are processed and reimbursed net of tax or charges. Taxable" expenses must be "added" to the salary to be treated as part of the payroll and reimbursed after deduction of taxes and charges. 9. Can the client reimburse directly the business expenses of employees under a PEO solution ? We recommend that expenses are reimbursed through our PEO solution but this is not mandatory in all countries. If you manage the reimbursement of expenses to your employees yourself, therefore we will not be responsible for their proper management and compliance. Contact