employer of record

employer of record
employer of record emˌployer of ˈrecord noun [countable usually singular] ACCOUNTING LAW
the company or department in a company that is legally responsible for paying wages, employees' taxes etc

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employer of record UK US noun [C] ACCOUNTING, HR
a company or organization that is legally responsible for paying employees, including dealing with employee taxes, benefits, insurance, etc.: »

As the employer of record, our staffing agency is responsible for issuing payroll checks and submitting local, state, and federal payroll taxes.


Financial and business terms. 2012.

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