Employing a US worker
Get answers to your questions and take the first step toward US business expansion.
What is a 401(k)?
A 401(k) is a defined contribution retirement plan employers offer to their US workers. The US government allows employees to make tax deferred savings for their retirement using a 401(k) plan. These savings can be directed into investments listed in the plan, and employees can withdraw the funds once they’ve reached the retirement age designated by the Social Security Administration. Employees are permitted to withdraw funds under certain special provisions or if they’re willing to pay a penalty for early withdrawal. Though not required by law, many US employers offer 401(k) plans and match a certain percentage of an employee’s contribution. If you choose to hire workers through the Foothold America EMS solution, it includes an automatic match of 4% up to IRS limits. All compensation including commissions and bonuses are subject to employer contribution rules.
How can Foothold America help your business hire employees in the USA?
If you’re thinking of exploring the US market, you’re going to need to hire American employees at some point. On this page, you’ll find the answers to frequently asked questions relating to employing a worker in the USA. Explore questions such as how you can employ staff overseas, why probationary periods are rarely used, and how you can make the hiring process straightforward using Foothold America solutions. If you have any other questions for us about employing a worker in the USA, please feel free to get in contact with us here.
Only the best for you and your team
At Foothold America, we offer top-notch service for you and your team. Our core services include:
Our Employee Management Service offers a turn-key, cost-effective solution for your company to have a legitimate US presence with US employees anywhere in the country in as little as one week without the cost and complexity of setting up a US entity.
We’ve created our People Management Service (PPS) to help you navigate the process of setting up your US entity, becoming the Employer of Record (the direct employer), onboarding US employees, and managing the complex operational and HR processes of doing business in America.
Establishing a legal entity in the US brings enormous potential for growth—and a unique set of challenges and complications. Partnering with Foothold America for your US entity setup ensures smooth and compliant registration in your chosen state – all whilst cutting through layers of bureaucracy and giving your company the freedom to concentrate on its larger business objectives.
GET IN TOUCH
Request a quote, talk with our US expansion experts or ask any questions. We will get back to you via email in less than 24 hours.