WHAT IS AN EMPLOYER OF RECORD?
An Employer of Record (EOR) is a Global Employment Solution that acts as your global expansion partner.
Your EOR partner becomes the full legal employer of a company's international workforce, therefore handles payroll, taxes, benefits and local compliance, so you can focus on growing your business.
NO ENTITY? NO PROBLEM
Utilise Emerald's EOR solution to help your business expand and hire in over 150 countries across EMEA, APAC, The Americas and META.
Setting up and maintaining an entity in a new territory can be costly and time consuming; not to mention the challenges of setting up in a country with legislation and cultural nuances that you are completely unfamiliar with. That is why you should partner with an EOR solution.
Engaging with an EOR makes international expansion simple, allowing start-ups and enterprise businesses to hire and payroll a remote workforce quickly and cost-effectively.
Want to discover more about an Employer of Record solution? We have created a useful guide to help you understand the key information about EORs and how they can support your business.
Maintain a lean, agile and flexible workforce in as many international locations as you choose
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HOW EMERALD TECHNOLOGY CAN HELP
To address the complex challenges international expansion poses, Emerald Technology provides a flexible Employer of Record (EOR) solution amongst other Global Employment solutions- Global Payroll, Professional Employment Organisation (PEO), Global Workforce Management (compliance, visas & logistics) and Talent Acquisition solutions.
Our bespoke services enable you to source the very best talent and set up quickly, flexibly and compliantly in new territories; whether you are looking to accelerate your global expansion or simply redistribute resources more effectively in accordance with the changing commercial needs of your business.
Engage us as a partner for anything from a single service – such as payrolling your remote workforce – to supporting the entire life cycle of your employee.
UNRIVALLED LOCAL MARKET EXPERTISE
Local market knowledge and specialised experience are critical to ensuring your new employee is onboarded and employed in full compliance with relevant legislation.
From our global network of regional offices, we can ensure you reduce expansionary risk by managing your workforce compliantly in over 170 countries, giving you complete peace of mind.
End-to-end recruitment FAQ's
Can I hire international workers without an EOR?
As a simple answer, yes.
However, you must consider the costs, time and other resources needed to ensure compliance. It is not as simple as hiring an employee and creating a payslip each month. Setting up and maintaining an entity, compliantly payrolling each international employee and staying up to date on cultural nuances and local tax and labour laws, in each region you want to expand to is challenging even for experienced enterprises.
Luckily, there are other options companies can take support their expansion plans. Partnering with a trusted global Employer of Record, handles everything so you don't have to.
Should I use an EOR or a PEO?
Choosing between a PEO or an EOR can mean all the difference, because they look similar but functionally, they’re completely different.
At their core, PEOs and EORs extend an existing business. They simply enable a business to expand their staff numbers. But they have a few significant differences in certain key areas.
- An EOR is a cross-border service. They can employ workers for your business across country lines.
- A PEO requires the business owner (you) to have a legal entity in the geographic area you wish to hire staff.
- Both PEOs and EORs handle, HR, onboarding, payroll, benefits & reporting.
- Local labor laws are taken care of with an EOR, with a PEO, you are liable for the legal status of the employee.
- The EOR is the employer of the staff member. They work with you via a service agreement. With a PEO, it’s a co-employment arrangement, the staff member works for you and the PEO.
How do I find the right EOR solution for my business?
There are many different Employer of Record solutions on the market, so finding the right one comes down to your business needs.
You can split the EORs into, self-service payroll platforms and service-led solutions.
Emerald technology is a hybrid solution providing tech organisations with a human centric approach to expansion. Emerald manage the whole process, so you don't have to go at it alone or do any guess work. Unlike platform only solutions who rely on your ability to manage the platform.
If your looking for a self-service payrolling solution, companies like Deel and Remote are a great fit.
But, if you believe HR is human centric and is not the place for self-service and chatbots, a service-led solution will suit you better.
If you need support in payrolling international employees, onboarding a remote workforce and staying up to date with local labor laws wherever you want to test a market, Emerald Technology is the perfect global partner.
What locations do Emerald search, hire and payroll in?
We offer a limitless solution. We source, onboard and payroll employees in every region worldwide (except sanctioned countries.)MAKE CONTACT
Who are Emerald’s customers?
We support Pre-IPO, VC or PE backed technology start-ups. We are a trusted partner to some of the most innovative and globally recognised technology companies since 2000.MAKE CONTACT
How quickly can Emerald onboard employees?
We can compliantly onboard employees on average of just 24-72 hours.MAKE CONTACT