Mellow Media
Glossary

Glossary

What exactly is a “workation”? Ever wondered who “permalancers” and “moonlighters” are?

Discover the key terms defining the New Work era.

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Algorithmic Management

[ˌælɡəˈrɪðmɪk ˈmænɪdʒmənt]

Algorithmic management employs AI and computer algorithms to remotely manage and track workers. This system automates or semi-automates management decisions, including performance evaluations and productivity tracking, often used in remote work settings.

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Zero-Hour Contract

[ˈzɪroʊ ˈaʊər ˈkɒntrækt]

Common in the UK, this contract doesn't obligate employers to provide minimum working hours, nor employees to accept offered hours. Workers are paid only for hours worked, without a guaranteed regular salary.

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Escrow

[ˈɛskroʊ]

Escrow is a secure payment method where a third party holds and regulates funds on behalf of transacting parties. The funds are released only when agreed-upon conditions are met, ensuring security for both the client and the service provider.

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Work-For-Hire Agreement

[wɜrk fɔr haɪr əˈɡrimənt]

Under this agreement, the creator of a work relinquishes their rights to the employer or client. For example, a photographer signing a work-for-hire agreement would forfeit rights to photos taken for a client's advertising campaign.

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On-Call Employment

[ˌɑn kɔl ɪmˈplɔɪmənt]

On-call employment involves employees being available to work outside regular hours on short notice. This arrangement helps cover unexpected absences, workload fluctuations, or emergencies, providing flexibility for employers.

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International Tax Compliance

[ˌɪntərˈnæʃənl tæks kəmˈplaɪəns]

International tax compliance involves adhering to tax laws across multiple jurisdictions. Companies must understand and fulfill tax obligations in countries where they operate, including income reporting and local tax payments. This is crucial when hiring international freelancers and contractors.

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NDA

[ˌɛn di ˈeɪ]

An NDA (Non-Disclosure Agreement) is a legal contract where one party agrees to keep sensitive information confidential. It protects proprietary information shared between parties, ensuring it remains private and is not disclosed to others.

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Global Mobility

[ˈɡloʊbəl moʊˈbɪləti]

Global mobility involves managing the relocation of employees across countries. This includes handling visas, tax compliance, and relocation support to ensure employees can work effectively in new countries, supporting the company's global operations and talent development.

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Digital Nomad Visa

[ˈdɪdʒɪtəl ˈnoʊmæd ˈviːzə]

This long-term visa grants remote workers and freelancers the right to reside, work, and access local services in a host country. It often includes benefits like residence permits and access to healthcare. Over 40 countries, including Spain, Portugal, and the UAE, offer digital nomad visas, with more nations joining the list.

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