Remote provides employer of record services in countries all over the world. We are pleased to share this at-a-glance guide that will give you all the information needed about EOR’s and how they operate.
What is an employer of record (EOR)?
An employer of record (EOR) is a global employment services provider that helps you employ people legally in other countries. An EOR handles payroll, benefits, taxes, stock options, and local compliance, freeing you to focus on your team.
Businesses rely on employers of record to help them hire employees in multiple countries. With an EOR, a company can expand operations into another country without having to set up a local entity, which can be expensive and take months or longer to accomplish. Working with an EOR allows businesses big and small to employ and pay workers in other countries quickly and affordably.
What are employer of record (EOR) services?
Employer of record services allow companies without local legal entities to employ workers legally in other countries. These services mostly fall under the functions of human resources and legal teams, including payroll, benefits, taxes, stock options, and compliance.
Other employer of record services may include advisory services for companies looking to expand their teams into new markets. For example, an EOR may offer advice on how to integrate remote workers or how to create a global compensation plan.
Employer of record services typically do not involve “co-employment,” an arrangement in which two companies employ the same person and share responsibilities. In the country where the employee works, the EOR is the only employer on paper. In practice, however, the EOR does not have any involvement in the day-to-day life of the employee beyond HR functions like payroll and benefits administration.
Want to learn more about employers of record, international employment, and global payroll?
We have put together this helpful guide to help you understand everything you need to know about EORs and how they operate.
Read related blog post: PandaDoc | Take the work out of your document workflow
Get started with Remote, the new standard in global HR
Whether you’re looking to hire one international worker or thousands, Remote has the experience, infrastructure, and expertise you need. Our industry-leading employer of record services guarantees a world-class experience for your global team — and reliable pricing, legal protections, and peace of mind for your business.
Are you ready to hire an employee in a new region, or even just thinking about it? Remote can help you onboard your workers in just a few days. Learn more and sign up to begin onboarding in minutes.