The international expansion of a business presents both opportunities and challenges. Numerous corporations are interested in recruiting employees from other countries but struggle to comply with local regulations, including those related to payroll and labor laws. Global EOR services and global PEO services enter this stage. These solutions ensure that international hiring is a straightforward task, allowing businesses to focus on growth while professionals manage the complexity.
What are Global EOR Services
An Employer of Record (EOR) is a third-party organisation that legally employs workers on behalf of a company in a foreign country. While you manage day-to-day tasks and employee performance, the EOR handles compliance, payroll, benefits, and contracts. This means you can hire talent abroad without setting up a local entity.
Key responsibilities of global EOR services include:
● Compliance with local labour laws and tax regulations
● Onboarding and offboarding employees quickly
● Payroll processing and timely salary payments
● Managing benefits and employee support
Why Employers Choose Global PEO Services
Global PEO services are another option for businesses that already have a registered entity in a foreign market but need support in managing HR activities. Unlike EOR, where the provider becomes the legal employer, a PEO shares responsibilities with the business. Both models ensure smooth operations and minimize risks associated with international hiring.
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