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10 providers reviewed

Best Employer of Record Services 2026: Top 10 EOR Providers

We tested and reviewed the top providers so you don't have to.

Robbin Schuchmann

Robbin Schuchmann

Co-founder, Employ Borderless

Updated February 2026

What are our top 3 picks?

#1
RemoFirst

RemoFirst

9.3/10

Remofirst is a budget-friendly global EOR platform offering international hiring solutions in 180+ countries, known for its straightforward pricing and efficient onboarding.

Visit RemoFirst
#2
Hire With Columbus

Hire With Columbus

8.9/10

Affordable EOR service from $179/month per employee.

Visit Hire With Columbus
#3
Multiplier

Multiplier

9.1/10

A tech-forward global EOR platform offering cost-effective employment solutions.

Visit Multiplier

The global employer of record market is growing from $5.2 billion in 2024 to an estimated $9.2 billion by 2033. That growth is not driven by large enterprises, most of them have had global HR infrastructure for decades. It is being driven by mid-sized companies and startups that are hiring internationally for the first time and need a faster path than setting up local entities in every market.

I have spent the past few years testing and comparing EOR providers across dozens of markets, and the honest answer is that no single provider is the best employer of record for every company. The differences between them are real but often invisible until you are past the sales call. Pricing models vary significantly. Some charge per employee per month with flat fees, others layer on FX margins and hidden admin costs. Country coverage ranges from 50 markets to 180, but depth of coverage in each market varies even more.

For this guide I ranked the top 10 EOR providers for 2026 based on four things: pricing transparency, country coverage depth, compliance track record, and quality of customer support. I also compared onboarding speed, platform usability, and how well each provider handles edge cases like equity compensation, contractor conversion, and multi-country payroll.

No single EOR is the right fit for every company. A startup hiring two engineers in Brazil needs something very different from a 500-person company expanding across Southeast Asia. I always recommend comparing two or three options side by side and booking demos before you commit to one. I will lay out the tradeoffs for each provider below so you can match the right one to your situation.

Editorial note: By using our partner links, you'll get exclusive discounts and the best available offers we've negotiated while also supporting our efforts to provide unbiased comparisons of global hiring solutions.

Which providers made our shortlist?

Here's a quick overview of all 10 providers. Scroll down for detailed reviews of each.

1
RemoFirst

RemoFirst

Remofirst is a budget-friendly global EOR platform offering international hiring solutions in 180+ countries, known for its straightforward pricing and efficient onboarding.

Rating9.3

RemoFirst is an Employer of Record (EOR) service that lets companies hire and pay international employees without setting up local legal entities. Founded in 2021 by Nurasyl Serik and Volodymyr Fedoriv, this San Francisco company has attracted smaller businesses and startups with $39 million in funding.

When you use RemoFirst, they technically "hire" through their local entities in 180+ countries. RemoFirst handles the legal employment paperwork, local tax compliance, payroll processing, and benefits administration, while you manage the day-to-day work. This setup saves the 3-6 months and $15,000-$50,000 usually needed to set up foreign entities.

The platform serves two main purposes:

  • Full EOR services for companies hiring employees internationally
  • Contractor management for businesses working with global freelancers
What makes RemoFirst different is their pricing - starting at $199 per employee per month, they charge much less than competitors like Deel and Remote (both $599/month). This aggressive pricing has helped them gain market share despite being newer than other players.

Remofirst website screenshot

Pricing and coverage

Employer of recordFrom $199/mo
Contractor managementFrom $25/mo
Country coverage185+ countries

Third-party ratings

4.6G2(251)
4.2Trustpilot(64)
5.0Capterra(2)
4.4Glassdoor(33)
9.0/10weighted avg.

Key features

Global employment services
Multi-Currency payroll processing
Global contractor management
Benefits administration
Compliance management
Time off management

Pros and cons

Pros

  • Lowest EOR pricing available
  • Fast employee onboarding
  • Complete compliance handling
  • Affordable contractor management
  • No surprise costs
  • Global benefits program
  • Simple interface

Cons

  • Limited reporting
  • Fewer integrations
  • Missing features (young platform)
  • Limited country customization
2
Hire With Columbus

Hire With Columbus

Affordable EOR service from $179/month per employee.

Rating8.9

Hire with Columbus is an Employer of Record (EOR) service that enables companies to hire and pay international employees without establishing local legal entities. Operating as a high-volume discount provider, Columbus has positioned itself as the most affordable EOR solution by leveraging bulk purchasing power.

When you use Hire with Columbus, they technically employ workers through their partner entities in 185+ countries. Columbus manages the legal employment paperwork, local tax compliance, payroll processing, and benefits administration, while you handle day-to-day work management. This arrangement saves the 3-6 months and $15,000-$50,000 typically required for foreign entity establishment.

The platform serves two primary functions:

  • Full EOR services for companies hiring employees internationally
  • Contractor management for businesses working with global freelancers
What distinguishes Columbus is their pricing model, at $179 per employee per month, they offer a 10% discount on standard market rates through volume aggregation. This approach makes enterprise-level EOR services accessible to smaller businesses that previously couldn't afford international expansion.

Hire with Columbus operates through strategic partnerships with established EOR providers, negotiating bulk rates based on aggregate client volumes. This model allows them to offer premium services at significantly reduced costs while maintaining compliance standards across all jurisdictions.

hire with columbus website screenshot

Pricing and coverage

Employer of recordFrom $179/mo
Contractor managementFrom $25/mo
Country coverage185+ countries

Third-party ratings

5.0G2(6)
10.0/10weighted avg.

Key features

Global employment infrastructure
Multi-currency payroll automation
Contractor management solution
Global benefits coordination
Compliance automation

Pros and cons

Pros

  • Industry's lowest pricing
  • Quick employee onboarding
  • Compliance management
  • Budget-friendly contractor services
  • Transparent flat-rate pricing
  • International benefits administration

Cons

  • Limited platform ownership
  • Basic reporting functionality
3
Multiplier

Multiplier

A tech-forward global EOR platform offering cost-effective employment solutions.

Rating9.1

Multiplier is an Employer of Record (EOR) and a global employment platform. Companies use it to hire and manage international team members without establishing local entities.

Sagar Khatri, Amritpal Singh, and Vamsi Krishna founded the company in 2020. It's headquartered in New York, United States, and has secured over $77 million in funding since launch.

How Multiplier works

Multiplier manages employment operations across 150+ countries.

The core services they offer are:

  • Compliance management: Multiplier manages local employment laws and requirements.
  • Payroll processing: International payments run through the system.
  • Benefits administration: Companies can provide employee benefits without setting up local programs.
  • Contractor management: Businesses can manage both full employees and contractors in one place.
As I tested the Multiplier platform, I found its fast onboarding particularly impressive.

Most companies can start hiring internationally within days instead of waiting months for entity setup.

Regional strength in Asia-Pacific

Multiplier is a great fit for small to medium-sized businesses and startups entering global markets.

The platform shows particular strength in the Asia-Pacific region.

Benefit for clients: Companies hiring in Singapore, Australia, or Japan get better localized support than they'd find with most global providers.

Helpful reads: Best Employer of Record (EOR) for startups

multiplier website screenshot

Pricing and coverage

Employer of recordFrom $400/mo
Contractor managementFrom $40/mo
Country coverage164+ countries

Third-party ratings

4.7G2(1,868)
4.9Trustpilot(2,396)
4.6Capterra(42)
4.2Glassdoor(319)
9.5/10weighted avg.

Key features

Hiring without local entities:
Multi-currency payroll:
Contract compliance:
Country-specific benefits:
Contractor payments:
Time-off tracking and management:
Expense management tools:

Pros and cons

Pros

  • Lower EOR rates
  • Asia-Pacific expertise
  • Fast onboarding
  • Multi-currency payroll
  • Strong compliance handling
  • No setup fees

Cons

  • Unintuitive platform layout
  • Slower email support
  • Limited customization
Robbin Schuchmann

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4
Remote

Remote

Talent is everywhere — opportunity is not. Remote mission is to create opportunity everywhere, empowering employers to find and hire the best talent.

Rating8.9

Remote is an Employer of Record (EOR) service that helps companies hire international employees without creating local entities.

It was founded in 2019 by Job van der Voort and Marcelo Lebre, both former GitLab executives. The company has raised more than $500 million and expanded quickly. They now support hiring in over 190 countries.

The platform manages the full employment cycle through a centralized dashboard (compliant contracts, onboarding, payroll, benefits, taxes, and termination).

A key standout: owned entities

Remote stands out in the industry because they own and directly operate legal entities in each country instead of relying on third-party partners, which is not the case with all providers.

This wholly owned structure gives the company full control over employment tasks and compliance.

What it means for potential clients: Remote is a good fit for businesses that prioritize compliance and risk management when expanding into new markets because the platform keeps employment responsibilities in-house.

remote website screenshot

Pricing and coverage

Employer of recordFrom $599/mo
Contractor managementFrom $29/mo
Global payrollFrom $29/mo
Country coverage186+ countries

Third-party ratings

4.6G2(4,368)
4.7Trustpilot(2,679)
4.4Capterra(94)
9.3/10weighted avg.

Key features

Global hiring
Owned entity model
Transparent pricing
Full-cycle HR services
Intellectual property protection
User-friendly platform
Flexible benefits
Global payroll solution
Compliance and security
Equity incentives support

Pros and cons

Pros

  • Own-entity model
  • Superior IP protection
  • Transparent flat-rate pricing
  • Extensive human resources (HR) coverage
  • Custom benefits packages
  • Recently launched global payroll solution

Cons

  • Costs more than budget options
  • Limited customization options
  • Basic reporting capabilities
5
Deel

Deel

Deel helps businesses hire and manage international teams in 150+ countries.

Rating8.9

Deel is an Employer of Record (EOR) and a global payroll platform. Companies use it to hire, pay, and manage international contractors and full-time employees without setting up local entities.

Alex Bouaziz, Shuo Wang, and Ofer Simon founded the company in 2019. Deel is headquartered in San Francisco and has raised more than $980 million in seven funding rounds.

The platform is now valued at $17.3 billion.

How Deel works

Deel supports hiring and payroll across more than 150 countries.

Companies typically use the platform for the following services:

  • Employer of Record (EOR): Deel becomes the legal employer in the target country while the client manages the day-to-day work
  • Contractor management: Allow clients to hire, manage, and pay independent contractors in multiple countries through a single platform.
  • Contractor of Record (COR): Deel takes on the liability, manages all HR/admin, and handles the risk for you.
  • Global payroll: Clients submit payroll data and approve it in one dashboard, and Deel handles taxes, deductions, and currency conversions automatically.
Note: The main difference between contractor management and Contractor of Record services is who bears the legal risk and responsibility: you (with a standard Deel contractor service) or Deel (with COR).

What stood out in my tests

In my tests of the platform, the onboarding stood out for its simplicity and speed.

In most cases, contracts are generated automatically based on the country, reviewed right on the platform, and approved in a few steps.

What it means for clients: Deel clients can hire in established markets within days. They’re also likely to find better contract standardization, clear compliance guidance, and faster onboarding compared to smaller regional providers.

deel website screenshot

Pricing and coverage

Employer of recordFrom $599/mo
Contractor managementFrom $49/mo
Global payrollFrom $29/mo
Country coverage88+ countries

Third-party ratings

4.8G2(11,935)
4.7Trustpilot(8,150)
4.8Capterra(3,697)
4.5Glassdoor(1,708)
9.5/10weighted avg.

Key features

International payroll
Employer of Record services
Contractor of Record services
Contractor management
Compliance automation
Benefits administration:

Pros and cons

Pros

  • Owned legal entities
  • Multi-currency payroll services
  • Automated compliance tracking
  • Contractor of Record service
  • Localized benefits packages
  • 24/7 support across multiple channels
  • Unified platform

Cons

  • Premium pricing
  • Support delays during peak periods
  • Limited reporting
6
Velocity Global

Velocity Global

Velocity Global offers global employment solutions in 185+ countries, helping businesses hire and manage international talent without establishing local entities.

Rating8.2

Velocity Global is a comprehensive global employment solutions provider that enables businesses to hire, pay, and manage employees across 185+ countries without establishing local entities. Founded in 2014 by Ben Wright in Denver, Colorado, the company has experienced rapid growth, raising $500 million in funding and becoming one of the leading platforms in the expanding global employment market.

At its core, Velocity Global operates as an Employer of Record (EOR), serving as the legal employer for a client company's international workforce. This co-employment relationship allows businesses to expand globally without navigating the complexities of entity establishment, which typically costs $15,000-$50,000 and takes 3-6 months per country.

The company's platform handles the entire international employment lifecycle, from compliant onboarding and payroll processing to benefits administration and eventual offboarding. Their services extend beyond basic EOR functionality to include global contractor management, visa and immigration support, and access to international coworking spaces through partnerships with providers like WeWork.

Velocity Global differentiates itself through its expansive geographic coverage and technology-forward approach, with its platform offering integrations with major HR systems to create seamless workflows. Current CEO Frank Calderoni leads the company, with founder Ben Wright serving as Executive Chairman. The company announced crossing $200 million in annual recurring revenue in recent financial disclosures.

Velocity Global website screenshot

Pricing and coverage

Employer of recordFrom $599/mo
Country coverage164+ countries

Third-party ratings

4.6G2(274)
3.7Trustpilot(1)
9.2/10weighted avg.

Key features

Global Employer of Record (EOR) services
Comprehensive HR solutions
Proprietary technology platform
Talent acquisition services
Global payroll solutions
Benefits management
Contractor management
Access to international coworking spaces

Pros and cons

Pros

  • Extensive global coverage across 185+ countries
  • Robust technology platform with advanced integrations
  • Comprehensive compliance management
  • Fast employee onboarding capabilities
  • Centralized multi-currency payroll processing
  • Tailored benefits administration by country

Cons

  • Reliance on third-party providers in some regions
  • Limited customization for specialized industries
  • Required 30-day notice period for offboarding
7
Omnipresent

Omnipresent

Omnipresent offers global employment solutions across 160+ countries, helping businesses build and manage international teams with automated HR processes and expert support.

Rating8.8

Omnipresent is a global employment platform that allows companies to use it to hire, pay, and provide benefits for international team members without establishing local legal entities.

Founded in 2019 and headquartered in London, Omnipresent now operates across 160+ countries.

How Omnipresent works

Omnipresent's core offering is Employer of Record (EOR) services.

When a business uses the platform, they hire through Omnipresent's local entities or partners in each country. Omnipresent becomes the legal employer.

The provider manages employment contracts, compliance, payroll processing, and benefits administration. The client company manages the day-to-day work and employee experience.

Service options beyond EOR

Omnipresent offers more than standard EOR services:

  • Full EOR services: Available in 160+ countries
  • PEO services: Specifically for the United States and the United Kingdom
  • VEO solutions: For companies wanting to act as Non-Resident Foreign Employers
  • Contractor management: For businesses working with global freelancers
What it all means for their clients: Companies pick the hiring model that fits each country and stay compliant without setting up shop in every market.

Omnipresent website's screenshot

Pricing and coverage

Employer of recordFrom GBP499/mo
Contractor managementFrom GBP29/mo
Country coverage130+ countries

Third-party ratings

4.5G2(226)
4.4Trustpilot(414)
5.0Capterra(1)
3.0Glassdoor(168)
8.3/10weighted avg.

Key features

Global EOR coverage
PEO services
Contractor management
OmniPlatform dashboard
Compliance monitoring
Multi-country payroll
Global benefits packages
Legal support for complex markets

Pros and cons

Pros

  • Global reach
  • Full compliance coverage
  • Multi-currency payroll
  • Multiple hiring models
  • Consistent global benefits
  • Dedicated account manager
  • Well organized dashboard

Cons

  • Price point higher than average
  • Slower support in some regions:
  • Inconsistent payment processing
  • Limited customization
  • Basic reporting capabilities
8
Oyster

Oyster

Oyster HR is a B Corp certified global employment platform that helps companies hire talent in 180+ countries with automated compliance and onboarding in as fast as 48 hours.

Rating8.7

Oyster HR is an Employer of Record (EOR) and a global employment platform that allows companies to hire and manage international workers in more than 180 countries without setting up local legal entities. Founded in 2020, the company focuses on supporting distributed teams.

Oyster’s services include international employment contracts, payroll processing, benefits administration, and ongoing local compliance in each country where it operates.

Focus on employee experience

Oyster places more emphasis on the employee experience than traditional EOR providers.

Alongside core employment services, the platform includes Oyster Academy for professional development, as well as tools designed to support onboarding and cross-cultural collaboration.

What it means for clients: Oyster acts as more than a compliance partner. The platform is designed to help companies build and maintain engaged global teams, not just employ them on paper.

Typical customers

Oyster primarily serves mid-market and enterprise companies with 50 or more employees, but I've also seen a few startups in their customer base.

The limiting factor here is the higher rate for Employer of Record (EOR) services.

The platform attracts companies that value consistency, employee satisfaction, and long-term retention, even when that means paying more than low-cost EOR alternatives.

oyster hr website screenshot

Pricing and coverage

Employer of recordFrom $599/mo
Contractor managementFrom $29/mo
Global payrollFrom $25/mo
Country coverage88+ countries

Third-party ratings

4.4G2(853)
4.5Trustpilot(240)
4.5Capterra(68)
8.9/10weighted avg.

Key features

Global hiring
Payroll in 120+ currencies
Compliance tracking
Benefits packages
Contractor and employee management
Visa support
Oyster Academy

Pros and cons

Pros

  • Employee development
  • Designed for remote teams
  • Strong global coverage
  • Simple compliance tracking
  • Built-in cost calculator
  • Ethical employment standards

Cons

  • Premium rates
  • Add-on costs
  • Limited self-service
9
Papaya Global

Papaya Global

Papaya Global is a fintech-driven workforce platform offering advanced payroll and EOR services in 160+ countries, featuring unique payment capabilities and AI-powered compliance tools.

Rating8.8

Papaya Global is a global workforce platform that helps companies manage payroll, payments, and employment across multiple countries.

Founded in 2016 by Eynat Guez, Ruben Drong, and Ofer Herman, Papaya Global later raised roughly $440 million, including a $250 million Series D in 2021.

On the product side, Papaya covers:

  • Global payroll: Runs payroll and workforce payments in more than 160 countries
  • Employer of Record: Allows companies to hire employees in countries where they don’t have a legal entity
  • Contractor management: Supports compliant onboarding and payments for international contractors
  • Compliance support: Handles local tax rules, labor laws, and reporting requirements
  • Benefits administration: Offers benefits for employees (including health coverage) that are aligned with each country
  • Integrations: Connects with tools like Workday, NetSuite, and other HRIS and ERP systems

Note: HRIS (Human Resources Information System) manages employee data, payroll, benefits, and HR functions. ERP (Enterprise Resource Planning) integrates core business processes, including finance, accounting, supply chain, and human resources, into one platform.

Papaya Globals website screenshot

Pricing and coverage

Employer of recordFrom $599/mo
Contractor managementFrom $30/mo
Country coverage15+ countries

Third-party ratings

4.5G2(35)
4.5Trustpilot(49)
4.4Capterra(33)
8.9/10weighted avg.

Key features

Payroll as the core system
Integrated payroll and payments
Country-level payroll logic
EOR and direct payroll in one system
Payroll-centric reporting
Contract handling for EOR

Pros and cons

Pros

  • Core payroll focus
  • Payments built in
  • Over 160 countries covered
  • Detailed logs
  • Multiple worker models

Cons

  • Setup takes time
  • Not HR-led
  • Partner-based EOR
  • Quote-based pricing
10
Rippling

Rippling

Rippling is an all-in-one workforce platform combining EOR services in 32 countries with comprehensive HR, payroll, and IT management tools.

Rating9

Rippling is an all-in-one workforce management platform that connects HR, IT, and finance functions through a unified employee database. Companies use it to manage payroll, benefits, devices, and software from one system.

Parker Conrad (former Zenefits CEO) and Prasanna Sankar founded the company in 2016. Rippling now supports businesses operating in more than 50 countries.

How Rippling works

The platform automates workflows across business systems that normally operate separately.

When I tested Rippling, the onboarding caught my attention because it was so efficient. For example, adding someone to payroll triggered their laptop order, email setup, and software provisioning right away.

There are no (or fewer) manual steps since one employee database feeds all systems at once.

What it means for clients: It means automating tasks that normally require switching between multiple tools.

Who uses Rippling

Rippling works best for medium-sized technology and growing businesses with members across the world.

These companies need advanced systems but lack enterprise-level IT departments. The Rippling platform provides just that: enterprise-grade tools without massive IT investments.

What it means for clients: Companies automate work that normally requires multiple tools and manual coordination.

Rippling's website screenshot

Pricing and coverage

Employer of recordFrom $499/mo
Contractor managementFrom $35/mo
Global payrollFrom $35/mo
Country coverage53+ countries

Third-party ratings

4.8G2(11,614)
4.6Trustpilot(1,713)
4.9Capterra(4,321)
3.8Glassdoor(1,003)
9.5/10weighted avg.

Key features

Full EOR service
Central employee database
IT automation
Payroll across worker types
Role-based permission controls

Pros and cons

Pros

  • System integration
  • Strong automation
  • Device management
  • App integrations
  • Custom workflows

Cons

  • Unclear pricing
  • Lengthy setup and steep learning curve
  • Inconsistent support

How do these providers compare on pricing and ratings?

ProviderEORContractorPayrollG2 ratingCountries
RemoFirst
RemoFirst
$199/mo$25/mo
4.6
185+
Hire With Columbus
Hire With Columbus
$179/mo$25/mo
5.0
185+
Multiplier
Multiplier
$400/mo$40/mo
4.7
164+
Remote
Remote
$599/mo$29/mo$29/mo
4.6
186+
Deel
Deel
$599/mo$49/mo$29/mo
4.8
88+
Velocity Global
Velocity Global
$599/mo
4.6
164+
Omnipresent
Omnipresent
$499/mo$29/mo
4.5
130+
Oyster
Oyster
$599/mo$29/mo$25/mo
4.4
88+
Papaya Global
Papaya Global
$599/mo$30/mo
4.5
15+
Rippling
Rippling
$499/mo$35/mo$35/mo
4.8
53+

How do we rate these providers?

These scores come from our 10-category rating system applied to every provider review. Rankings in this listicle also factor in editorial judgment for the target audience, pricing, and real-world suitability — not just the overall score.

CategoryRemoFirstHire With ColumbusMultiplierRemoteDeelVelocity GlobalOmnipresentOysterPapaya GlobalRippling
Features9.48.89.49.09.48.88.88.58.99.0
Country coverage9.59.29.19.69.19.29.19.39.19.5
Pricing9.79.69.08.18.68.28.78.28.28.7
User experience9.58.98.98.78.47.88.89.08.98.8
Customer support9.29.39.29.08.77.98.78.78.98.8
Integrations8.88.58.88.78.88.38.68.78.59.0
Mobile app8.58.99.07.08.38.8
Analytics & reporting8.98.48.98.78.77.38.78.58.98.9
Security9.28.79.39.19.08.79.08.99.09.2
Compliance9.49.19.59.09.08.99.18.88.99.1
Overall9.38.99.18.98.98.28.88.78.89.0

Why are our EOR reviews the most reliable & trusted?

Our EOR reviews are the most reliable and trusted due to our evaluation criteria, data sources, and analysis methods. The evaluation criteria, which show that our EOR reviews are the most reliable and trustworthy, are global coverage, service offerings, pricing transparency, and onboarding speed. For instance, when we compare the global coverage, Remote covers 193 countries while Multiplier and Deel cover 150+ countries as mentioned on their official websites.

The data sources used during reviewing EOR companies are official websites of EOR organizations, customer testimonials, and market reports. For instance, the market value of Deel in 2021 was $12 billion, as stated on Forbes, and the market value of Papaya in 2021 was $1 billion, as stated on Fortune. The analysis methods, which make our EOR reviews the most trusted, are comparative analysis, case studies, and expert reviews.

What is an Employer of Record (EOR)?

An Employer of Record (EOR) is a third-party organization which acts as a legal employer on behalf of other businesses to handle the HR functions, such as the payroll, tax compliance, benefits administration, employment contracts, and compliance management. By hiring an Employer of Record (EOR), businesses can use the international talents without the complexities of entity registration in the respective country. EOR organizations have entities in every country, which adhere to the local labor laws while hiring employees and managing their payrolls and benefits.

What are the benefits of using an Employer of Record?

The benefits of using an Employer of Record (EOR) are rapid workforce growth, compliance management, time and cost savings, etc. The EOR handles all the legal and administrative aspects of employees, such as the payroll calculations, tax deductions, and compliance with the local labor laws.

An Employer Identification Number (EIN) for tax reporting is compulsory for businesses to hire the employees as per the Internal Revenue Code (IRC) of the United States. Employer of Record companies act as a legal employer while hiring for businesses and use their EINs for foreign employees, saving businesses from the complexities of establishing entities to use foreign talent.

The benefits of using an Employer of Record are listed below:

Rapid workforce growth

Rapid workforce growth refers to the fast hiring process to expand the business and fulfill the market demands. EOR hires workforce from all over the world as they have business entities in several countries. They manage the employment contracts, payrolls, and benefits according to the labor laws of respective countries, and let organizations focus on the businesses’ growth.

Compliance management

Compliance management refers to a business’s adherence to the labor and employment laws while hiring and managing employees. Businesses with foreign employees face issues to comply with the local rules and regulations regarding compensations, benefits, tax deductions, employment contracts, minimum wages, termination policies, etc. Hiring an EOR simplifies these complexities for businesses as they have entities in multiple countries to comply with the local laws.

Time and cost savings

Time and cost savings mean streamlining the HR processes and saving the operational expenses. EOR saves time and cost of businesses by eliminating the need to establish entities, understanding the local labor laws, and calculating the payrolls after tax deductions.

Accurate payrolls processing

Accurate payrolls processing refers to the correct calculation of pay after tax deductions, bonuses, and benefits addition. The tax deductions, social security contributions, and benefits are different in every country, increasing complexities for businesses. The Employer of Record (EOR) calculates the taxes and handles payroll processes through its automated payroll processing for businesses.

What factors should you consider when selecting an EOR?

The factors that you should consider when selecting an EOR are expertise, cost, legal regulation expertise, regional coverage, communication, and support services. Businesses should set clear goals and mention their requirements and compare them with the features and services of EOR companies.

You should consider the following factors when selecting an EOR:

Expertise

Businesses aiming for global expansion require an expert EOR provider. EOR expertise is deep knowledge and experience in global coverage, international employment, and local labor laws. They can check EOR’s expertise by considering the following factors:

  • Portfolio of collaboration with international clients.

  • Track record of recruiting in the targeted country.

  • Up-to-date information about the labor, tax, and benefits laws.

Cost-effectiveness

You should consider the cost-effectiveness when choosing the EOR for your business. The EOR cost-effectiveness is the economical rates and transparency in the pricing models. The EOR providers offer flat fees per employee and additional costs depending upon the services like hiring, onboarding, training, and offboarding. Businesses should compare the following factors while considering the cost-effectiveness of different EOR companies.

  • What are the pricing models of EOR?

  • Are there extra charges for additional services like compliance, termination, and benefit calculation?

Legal compliance

Businesses working in legally strict countries require an EOR with expertise in employment contracts, tax deductions, payroll calculations, labor and termination policies of the targeted countries. The EOR legal regulation expertise is the ability to interpret and comply with the local employment, tax, and labor laws. You should select the expert EOR in legal regulation by considering the following questions:

  • Do EOR companies have a proper legal team specialized in employment policies of international and local markets?

  • Have EOR organizations worked in the targeted countries?

  • Do their clients face legal penalties due to violation of local labor regulations?

Regional coverage

Businesses aiming to expand globally should check whether EOR companies cover the targeted countries or not. Regional coverage is the number of countries in which EOR companies are providing their services. The EOR companies should have a proven track record of working in the intended countries while complying with all the local labor laws.

Hiring and onboarding

You should check the hiring and onboarding system of EOR companies if your business requires fast and efficient recruitment and expansion of the team. The fast and efficient recruitment enhances the relationship between businesses and their employees. The businesses should check the following things when considering the hiring and onboarding of EOR companies:

  • Process of finding, screening, interviewing, hiring, training, and onboarding.

  • Experience in the local job market.

Smooth employee exits

Businesses require smooth employee exits when they are working in the dynamic markets. EOR’s smooth employee exit refers to the termination of employees while complying with local labor laws and minimizing the legal risks. You should check the EOR’s previous experience of dealing with termination cases in the intended markets.

Software platforms and tech savvy

You should consider the software platforms and tech savvy of the EOR companies if your business has integrated and automated payrolls and digital HR functions. Businesses should check their API integration, use of AI for automation, scalability of the platform, and the user interface of the digital platforms.

Tailored services

Businesses with extensive services should consider an EOR company with tailored services. The EOR’s tailored services are easily customizable and flexible depending upon the requirements of the businesses. You should check their customization options related to employment contracts, benefits, compensation, legal compliance, analytics, and reporting.

Ability to scale

You should consider the ability of EOR services to scale their HR services if your business grows rapidly. The scalability of EOR involves the features, such as the global reach, flexible contracts, automated HR, integrated workforce management system, and smooth onboarding and termination of employees. Businesses should check the previous portfolio of scaling businesses and the features of EOR companies.

Clear and open communication

You should check the communication of the EOR companies when selecting them. They should have clear and open communication both with the businesses and employees, as this builds reliability and trust in the international markets and prevents disruptions during operations. Businesses confirm open and transparent communication through the following ways:

  • You should communicate with their teams and ask questions regarding their terms and conditions.

  • You should read their policies regarding businesses and employees.

Support services

Businesses should consider the customer support services of EOR, such as the multilingual 24/7 customer support and self-service help center. You should confirm that the EOR is providing customer support by the following ways:

  • You should contact them through email and live chat, and figure out the quality of their customer service.

  • You should read the home, support, and contact us page from the official website of EOR companies.

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