Employer of record (EOR) service is an essential aspect of building a global future. Hiring the candidates isn’t enough: there must be proper monitoring of their payroll, taxes, visa and sponsorship applications, benefits and insurance and other relevant activities that are very crucial to retain top talent in your company.
When your organization looks forward to expanding its operations, it becomes imperative to involve reliable employer of record services. The process of the EOR entails that the clients of the firm have to evaluate the advantages and disadvantages of their firm from the perspective of both their country of origin and the country of operation.
To create a global presence, it is essential that companies take a step ahead to make a difference. This is where an EOR adds value. An organization planning global expansion depends upon EOR, a third-party organization to hire resources in a foreign land without any local presence.
Employer Of Record Services make a huge difference to your organization, and here are some functions that are indispensable for efficient hiring:
- Visa sponsorship
- Hassle-free Work permit arrangement
- Expediting necessary paper works
- End-to-end relocation process
- Managing the life cycle of the employee
- An established local and legal entity for the company
- Ensure compliance with the local laws
- Offering support for insurance and tax solutions.
