The EOR takes on the legal responsibility for employment, managing payroll, compliance, taxes, and benefits, while you retain control over daily operations and team management.
An Employer of Record (EOR) is a third-party organization that takes responsibility for hiring employees on behalf of another company. Through EOR services, businesses can legally expand their operations in new regions without the need to establish a local entity. This is especially useful for companies looking to enter new markets quickly and compliantly.
With EOR services, your company can focus on its core business activities while the EOR handles essential HR tasks such as:
Hiring and Onboarding: The EOR manages the recruitment and onboarding of employees according to local labor laws.
Payroll Management: They handle employee payroll, including tax deductions, benefits administration, and compliance with local laws.
Compliance Management: The EOR ensures your company complies with employment regulations in each country, mitigating legal risks.
Employee Benefits: They manage statutory benefits such as health insurance, social security, and other mandatory contributions.
Termination Management: In case of termination, the EOR ensures all actions comply with local labor laws, protecting your business from potential liabilities.
Why Use an EOR?
Quick Market Entry: Establishing a legal entity can take months, while using an EOR allows you to hire in new countries within weeks.
Cost-Effective Expansion: Save on the costs of setting up local subsidiaries and managing complex HR infrastructure. An EOR eliminates the need for a local entity and other costly administrative structures.
Risk Management: Employment laws differ across countries and are often complex. An EOR ensures compliance with all local labor laws, reducing the risk of non-compliance penalties.
Streamlined Payroll: Managing payroll across multiple countries can be challenging. An EOR simplifies this process by handling payroll, taxes, and deductions, ensuring timely and accurate payments.
Global Talent Access: EOR services allow you to tap into a global talent pool, giving you the flexibility to hire the best talent, regardless of location.
EORs help companies start operations in new markets quickly by hiring employees without the need for establishing a local entity.
EORs are experts in international labor laws, ensuring your company remains compliant with country-specific regulations.
By outsourcing HR, payroll, and compliance tasks to an EOR, you can focus on business growth instead of administrative challenges.
EORs provide coverage in multiple countries, allowing businesses to expand their workforce wherever they find talent, without geographic limitations.
EOR services are highly scalable, making it easy for companies to hire as few or as many employees as needed without the complexities of traditional HR structures.
EORs offer flexibility in hiring models, whether you need full-time employees, part-time staff, or independent contractors. This adaptability allows businesses to respond quickly to changing market demands.
Startups looking to expand into new markets without the resources to establish entities can benefit greatly from EOR services.
Companies undergoing rapid growth and entering new regions need EORs to ensure they stay compliant across borders.
Large organizations expanding globally often use EOR services to avoid the high costs of local entities while maintaining operational efficiency.
Helping businesses expand into new regions with ease and compliance. Global EOR solutions provide comprehensive support for hiring, onboarding, payroll, and compliance across multiple countries.
Explore Our EOR Services:
Global EOR Solutions
Payroll & Compliance
Global Workforce Management
Market Expansion Strategies
For businesses expanding globally, an EOR is the better solution, as it allows for faster market entry and more comprehensive compliance management.
The EOR becomes the legal employer of the workforce and assumes all employment-related risks and compliance tasks.
A PEO works as a co-employer where both the business and PEO share employment-related responsibilities, but the business remains the legal employer.