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 comprehensive, unbiased comparisons of Global Hiring solutions.
If you’re reading this, you’re probably exploring ways to expand your team internationally or streamline your global workforce management. You’ve heard about Employer of Record (EOR) services and are considering Multiplier and Horizons as potential solutions for your business needs.
But you’re also probably uncertain about:
How Multiplier and Horizons compare in terms of features, pricing, and global reach
Which platform offers better compliance management and risk mitigation across multiple countries
The user experience and ease of implementation for each service
Whether Multiplier or Horizons is the right fit for your specific business size and industry
The potential drawbacks or limitations of using either platform as your EOR
If that sounds familiar, this comprehensive comparison will provide the insights you need to make an informed decision. This detailed analysis could save you significant time in research and help you avoid potentially costly mistakes in your global expansion journey.
The key to choosing between Multiplier and Horizons lies in understanding their unique strengths and how they align with your specific business needs:
TLDR: Streamlined Compliance vs Extensive Global Reach
Multiplier: Best for small to medium businesses seeking cost-effective global hiring with strong compliance support. Explore Multiplier’s solutions
Horizons: Ideal for rapidly expanding companies needing extensive global coverage (180+ countries) and flexible benefits administration.
Here’s what you’ll learn:
Overview of Multiplier and Horizons (the essentials you need to know)
Key features and benefits of each platform (what sets them apart)
Pricing structures and value propositions (is the investment worth it?)
User experiences and platform interfaces (because ease of use matters)
Security and compliance measures (crucial for global operations)
Pros and cons of each service (the good, the bad, and the noteworthy)
Recommendations for different business types (who should choose which)
By the end of this comparison, you’ll understand the strengths and limitations of both Multiplier and Horizons, enabling you to choose the EOR solution that best fits your company’s global workforce needs, compliance requirements, and overall business strategy.
Multiplier has quickly made a name in the EOR space, offering a comprehensive solution for businesses hiring and managing international talent.
What sets Multiplier apart is its focus on simplifying the complexities of global employment through technology-driven processes and robust compliance support.
From my experience working with Multiplier, I’ve found their platform particularly adept at handling payroll across multiple currencies, which is a significant pain point for many growing companies.
Their user-friendly dashboard allows for easy management of tasks, from onboarding new hires to generating compliant contracts.
Here’s a quick overview of Multiplier’s key details:
Horizons is a global EOR solution that emphasizes simplicity and broad international coverage. In my interactions with businesses using Horizons, I’ve noticed that it’s particularly favored by companies looking for a straightforward approach to global hiring.
One of Horizons’ standout features is its extensive country coverage, which can be a game-changer for businesses with diverse geographical targets.
Their platform excels in providing tailored benefits packages, including health insurance and pensions, which can be a significant draw for attracting top talent in competitive markets.
Here’s a snapshot of Horizons’ key information:
Feature
Description
Countries Covered
180+
Starting Price (EOR)
$299 per employee/month
Contractor Pricing
$49 per contractor/month
Headquarters
Hong Kong
Key Strength
User-friendly interface and extensive global reach
To give you a comprehensive view of how Multiplier and Horizons stack up against each other, I’ve compiled this detailed comparison table:
Feature
Multiplier
Remofirst
Global Coverage
150+ countries
180+ countries
EOR Pricing
Starting at $400/employee/month
Starting at $299/employee/month
Contractor Pricing
Starting at $40/contractor/month
$49/contractor/month
Key Integrations
Salesforce, Slack, HubSpot
Wide range of HR, IT, and finance apps
User Interface
Intuitive and user-friendly
User-friendly platform
Compliance Management
Comprehensive, with strong local expertise
Ensures adherence to local laws
Payroll Processing
Multi-currency support, timely payments
Local currencies supported
Benefits Administration
Robust, including health insurance and pensions
Tailored packages including health and pension
Customer Support
Responsive and knowledgeable
Dedicated account managers
Customization Options
Good for small to medium businesses
Tailored to client needs
Reporting and Analytics
Detailed dashboards and reports
Advanced analytics capabilities
Key Features of Multiplier
User-Friendly Dashboard
Multiplier’s dashboard stands out for its intuitive design and ease of use. As someone who’s navigated numerous EOR platforms, I appreciate how Multiplier has streamlined complex processes into a manageable interface.
The dashboard provides a clear overview of all employees and contractors, making it simple to track onboarding progress, payroll status, and compliance requirements.
What I find particularly useful is the ability to quickly access and generate key documents directly from the dashboard. This feature has saved me countless hours when managing multiple international hires simultaneously.
Comprehensive Payroll Module
The payroll module in Multiplier is a powerhouse of functionality. It handles multi-currency payroll with impressive accuracy, which is crucial when dealing with a global workforce.
The system automatically calculates taxes, social contributions, and other deductions based on local regulations, significantly reducing the risk of compliance errors.
I’ve found the automated payroll runs to be a game-changer for businesses operating across multiple time zones. The ability to schedule payments in advance and have them processed automatically ensures that employees are paid on time, regardless of where they’re located.
Compliance Management
Multiplier’s compliance management features are among the most robust I’ve encountered in the EOR space. The platform provides an extensive library of legal resources, including up-to-date information on labor laws, tax regulations, and statutory requirements for each country they operate in.
What sets Multiplier apart is its proactive approach to compliance. The system alerts users to upcoming regulatory changes that may affect their employees, allowing businesses to stay ahead of potential issues.
This level of detail and foresight in compliance management can be invaluable, especially for companies expanding into unfamiliar markets.
Key Features of Horizons
Onboarding and Payroll
Horizons excels in providing a streamlined onboarding and payroll process for international employees. From my experience, their contract generation tool is particularly impressive.
It automatically creates compliant employment contracts tailored to each country’s specific requirements, saving significant time and reducing the risk of legal issues.
The payroll system is equally efficient, handling payments in local currencies with ease. What I appreciate most is the transparency of the process – employers can clearly see a breakdown of all costs, including taxes and social contributions, before processing payroll.
Compliance Assurance
Horizons takes a thorough approach to compliance, ensuring that businesses adhere to local employment laws and regulations. Their team of in-country experts continuously monitors legal changes and updates the platform accordingly.
One feature that stands out is the automatic adjustment of employment terms when regulations change. This proactive approach means that businesses don’t have to worry about keeping up with every legal nuance in each country they operate in – Horizons handles it seamlessly.
Benefits Administration
Horizons offers comprehensive and flexible benefits administration. They provide tailored benefits packages that include health insurance, pensions, and other perks that comply with local standards and expectations.
What impresses me most about Horizons’ benefits administration is the level of customization available. Businesses can choose from various options to create competitive packages that attract top talent in each market.
This flexibility is particularly valuable for companies looking to establish a strong presence in new international markets.
Multiplier Pricing
Multiplier offers a straightforward pricing model that appeals to businesses looking for predictability in their global employment costs.
Their EOR service starts at $400 per employee per month and includes essential features like payroll processing, compliance management, and benefits administration.
Multiplier charges a flat fee of $40 per contractor per month for contractor management. This pricing is particularly attractive for companies that work with a mix of full-time employees and contractors.
Using an EOR allows you to embrace the lowest total cost of ownership (TCO) of employing a global team. EORs minimize the upfront costs of expansion, eliminate legal compliance risks, and make it easy to manage HR operations efficiently.
EORs like Multiplier are a valuable investment to companies looking to hire internationally. In a world of talent crunch and high interest rates, the need for businesses to continue growing and expanding across borders is only increasing, and you’ll need an EOR that can match your pace
– Rimmi Kesari, Partner Marketing Specialist at Multiplier
One aspect of Multiplier’s pricing that I find particularly valuable is the absence of hidden fees. There are no additional charges for onboarding, offboarding, or setup, which can lead to significant savings, especially for companies with high employee turnover or those in rapid growth phases.
Here’s a summary of Multiplier’s main pricing plans:
Horizons takes a slightly different approach with its pricing, offering a value-based model that starts at a lower price point but can vary based on specific needs. Their EOR service begins at $299 per employee per month, making it an attractive option for businesses on a tighter budget.
For contractor management, Horizons charges $49 per contractor per month. While this is slightly higher than Multiplier’s contractor fee, the overall lower starting price for full-time employees can balance out the costs for many companies.
What stands out about Horizons’ pricing is its flexibility. The company tailors its costs based on the client’s specific needs and the complexity of local labor laws in the countries where they’re hiring. This can be particularly beneficial for businesses expanding into challenging markets or those with unique employment requirements.
Here’s a breakdown of Horizons’ main pricing plans:
Based on my experience and the features we’ve discussed, I recommend Multiplier for:
Small to medium-sized businesses looking for a cost-effective global employment solution
Companies prioritizing strong compliance support and resources
Startups and scale-ups in need of a user-friendly platform with predictable pricing
Businesses with a mix of full-time employees and contractors
Multiplier’s straightforward pricing, comprehensive compliance resources, and user-friendly interface make it an excellent choice for companies that want to simplify their global hiring process without breaking the bank.
Multiplier has helped more than 2,000 customers tap into global talent pools in 150+ countries, allowing them to hire the right people for the role—no matter where they are.
We support our customers by taking care of their employment contracts, payroll, taxes, and benefits, eliminating the need to open a legal entity abroad.
– Rimmi Kesari, Partner Marketing Specialist at Multiplier
Its strong focus on compliance and payroll automation can benefit businesses expanding into new markets without extensive in-house legal expertise.
Companies planning rapid expansion across multiple countries
Businesses that value flexibility in benefits administration
Organizations looking for a lower entry point for EOR services
Enterprises requiring extensive integrations with existing HR, IT, and finance systems
Horizons’ broad country coverage and flexible pricing model make it ideal for businesses with diverse international hiring needs. Its strong focus on tailored benefits packages can be a significant advantage for companies looking to attract top talent in competitive markets.
The platform’s extensive integration capabilities make it a good choice for organizations with complex tech stacks.
While Multiplier and Horizons are excellent choices for many businesses, there are scenarios where other EOR providers might be more suitable:
Specialized Industry Needs
For businesses in highly regulated industries like healthcare or finance, an EOR provider with deep industry-specific expertise might be necessary. In these cases, a provider like Globalization Partners, known for its strong compliance focus across various sectors, could be a better fit.
Extensive HR Software Integration
Companies with complex HR ecosystems might benefit from an EOR provider with more extensive integration capabilities.
Oyster HR, for instance, offers a wide range of integrations with popular HR and payroll systems, which could streamline operations for businesses heavily reliant on specific software stacks.
Region-Specific Expansion
A provider with specialized knowledge in particular regions, such as Latin America or Asia-Pacific, could benefit companies focusing on expanding in those areas.
Deel, for example, has strong coverage and expertise in emerging markets, which could benefit businesses targeting these regions.
Frequently Asked Questions
How do Multiplier and Horizons compare in terms of global coverage?
Horizons has a slight edge with coverage in over 180 countries, while Multiplier supports operations in more than 150 countries.
Both offer extensive global reach, but Horizons might be preferable for businesses targeting more niche markets.
Which platform is more cost-effective for small businesses?
While Horizons has a lower starting price at $299 per employee per month, Multiplier’s flat rate of $400 per employee per month with no hidden fees can be more predictable for small businesses.
The most cost-effective option may depend on your specific hiring needs and target countries.
How do Multiplier and Horizons handle compliance in different countries?
Both platforms excel in compliance management. Multiplier offers extensive legal resources and proactive updates, while Horizons provides automatic adjustment of employment terms based on local regulations. Both ensure adherence to local employment laws and regulations.
Can both platforms manage contractors as well as full-time employees?
Yes, both Multiplier and Horizons offer contractor management services. Multiplier charges $40 per contractor per month, while Horizons charges $49 per month.
How do the customer support services compare to those of Multiplier and Horizons?
Both platforms offer strong customer support. Multiplier provides a dedicated Customer Success Manager, while Horizons offers dedicated account managers. Users of both platforms report responsive and knowledgeable support teams.