Term

What it means

EE

Employee. The individual being paid through Global Payroll.

ER

Employer. Your entity, as the legal employer of the individual.

EOR

Employer of Record. Our other product, where Remote People (not you) is the legal employer. See "What Is Global Payroll and How Does It Differ from EOR?".

Client

Your company, as the customer using Remote People's services.

Pay Elements

The individual line items that make up a payroll: salary, bonus, benefits, deductions, and similar.

EE Burden

The total deductions taken from an employee's gross pay, for example income tax and pension contributions.

ER Burden

The additional cost your company pays on top of an employee's gross salary, for example employer social security contributions.

G2N (Gross-to-Net)

The calculation that turns an employee's gross earnings into their final net pay, after all taxes, deductions, and employer contributions are applied.

Payslip

The document showing an employee's payroll breakdown: gross pay, net pay, deductions, and employer costs.

Payroll Calendar

The schedule of payroll activity for an entity: cutoff dates, processing, and pay dates.

Payroll Register

The report generated for each payroll cycle, showing gross earnings, deductions, taxes, and net pay for every employee.

Transaction Report

A row-level report showing every individual pay element applied to every employee in a payroll period, used for reconciliation and finance and GL mapping.

GL (General Ledger)

The accounting record that payroll entries map to for your company's financial reporting.

Reconciliation

Checking what was actually paid against what should have been paid, across payroll cycles.

Country Package

The set of country-specific payroll rules and requirements applied to your entity.

Service Fees

The fees your company pays Remote People each month, based on your agreement and number of employees.