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What Is a Record of Employment (ROE)?

Business

30 May

Do you want to start employing remote global talent? With 61% of people preferring a work-from-home setup, recruiting globally is now easier. With increased job applications for remote work globally, how can you get the best talent?

When it comes to getting a job done right, a person should have the necessary skills and experience. But how do we know this from a job application alone? By checking their record of employment.

A record of employment outlines plenty of useful information, but you might be wondering what it is. Read this helpful article to know everything there is to know about a record of employment.

What is a Record of Employment?

If you are an employer who wants to expand and recruit workers, you must know what a record of employment is. A record of employment is a form filled out by employers. Understanding this essential document is critical to getting quality workers and maintaining standards.

All employers must make a record of employment for their employees as this is a legal document. A record of employment determines if an employee has qualifications for benefits. The government uses this to make sure that no one is making false claims or is misusing benefits.

Governments make the record of employment’s validity last several years. Because of this, all essential information disclosed in this document must be accurate. As an employer, you must file a record of employment for all employees.

Filing this is important when you have an employee with a lapse of earnings. Record of employment must get filed even when employees don’t make insurance claims. Filing a record of employment for every employee is standard regardless of country.

Why This Matters to Employees

Having a record of employment is one of the most important things all employees should look into. In some countries, this determines if an employee qualifies for benefits. These benefits may include employment insurance claims and the duration of this benefit.

An employee’s record of employment determines the amount of compensation they should get. As an employee, it is important to make sure you have a record of employment on file when working for a company. Having this will help make you insurable and have qualifications to claim benefits.

Interruptions of Earnings

As mentioned, a lapse of earnings or interruptions of earnings makes this important. A lapse is any interruption of earnings in an employee’s compensation. This lapse covers an employee with no work and no insurable earnings for seven days.

These seven days have to take place consecutive to each other and within business days. This seven-day no work no insurable earnings is also called the seven-day rule. This interruption of earning still qualifies even if they anticipated no work.

There may be several reasons why a lapse or interruption of earnings happened. The common reasons are if an employee quits, becomes terminated, or becomes laid off. This can also occur when an employee’s earnings fall below 60% of their set regular wage.

If the employee’s earnings fall below 60%, it can be due to various valid reasons. These reasons include injury, illness, pregnancy, or even quarantine. Caring for a newborn child, child, or a relative who has a critical illness is also a valid reason.

If the reasons fall within the mentioned above, employees can claim benefits. Some exceptions to the interruption of earnings clause include real estate agents. Employees who have non-standard work schedules are also exempted from interruption of earnings.

Non-standard work schedule employees include firefighters or health care workers. It also includes people who get paid based on commission.

Complete Records of Employment

You can complete a record of employment in two ways. The first option is using a printed paper version, and the second is having an electronic version. Both options have different standards for the record of employment file.

If you plan on making a paper version, the first step is to complete all areas of the form. This includes the employer information, employee information, and work history. Make sure to fill out the insurable earnings and insurable hours of your employee.

When filling out this part of the form, make sure you comply with the country’s labor laws. A paper version of a record of employment should be in triplicate form. This means you need to make three identical copies of the record of employment.

The employee should get the original copy located at the top. The government agency that manages the ROE must receive the middle copy. Finally, the employer must keep the final and bottom copy.

Having a paper version of the record of employment on file for the employer will make it easier to get when needed. Ensure to keep your records of employment in a safe and secure place as it is valid for many years.

If you want to make an electronic version of a record of employment, you should look for the website. Each country will have a different record of employment website.

If you want this to be less hassle, you can get payroll software compatible with the ROE website. This payroll software can complete the form on your behalf and also submit it.

Trust Record of Employment Experts

Looking for a company that can provide you an employer of record services? Look no further than bradfordjacobs.com. Bradford Jacobs offers a variety of recruitment outsourcing services aimed to help you.

Bradford Jacobs specializes in outsourcing recruitment and is your gateway to global talent. Besides their record of employment services, they also offer global talent acquisition services. Avail of their services to help you expand globally.

Get Recruits With the Best Record of Employment Today

Knowing what a record of employment is is only the beginning! Having a good and updated record of employment can help you choose the best job application on your desk.

If you want to learn more about using your record of employment to your advantage, we’ve got more guides for you. Check out our other blog posts regarding employee recruitment. Increase your chances of getting candidates with the best employment history starting today.

To read more on topics like this, check out the Business category

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Hi! My name is Jason. Welcome to my limitless world! Here I am excited to share with you the wonderful things that life has to offer. From random facts to lifestyle tips, and all the way to traveling the globe, I will be your storyteller packed with endless interesting topics. Read More…

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