Global Employee Glossary of Terms
¶¶ÒõÂÃÐÐÉä Global Affiliate: A ¶¶ÒõÂÃÐÐÉä Global Affiliate is defined as any individual whose worksite is located outside of the United States, regardless of citizenship and residency. ÌýThis includes individuals who are working remotely, under an arrangement specifically approved by their business or academic unit that permits the individual to work remotely in an international location. All individuals defined as Global Affiliates are considered University of Colorado Boulder affiliates under Ìý
Employee:Employees are those individuals who work for the University of Colorado Boulder in return for financial or other compensation. Employees work for the University of Colorado Boulder under a contract of hire, express or implied, oral or written, and work under the direction and supervision of the University of Colorado Boulder.Ìý
Unit: ¶¶ÒõÂÃÐÐÉä Boulder College, Department, Institute or Center.
Professional Employer Organization (PEO):A professional employer organization (PEO) is an organization that partners with the university in the hiring of ¶¶ÒõÂÃÐÐÉä Global Employees. PEOs are legal hiring entities in other countries and provide human resources, payroll processing, employment tax filing, health insurance, and more for employees working outside the United States. A PEO hires a client company's employees, thus becoming their employer of record for tax and insurance purposes.