Everything You Need to Know About an EOR

Whitepaper

What’s an employer of record? And why should your business engage one if they want to hire employees around the world?

Introduction to this whitepaper

Hiring the right person for the job has always been a complex and often laborious task, and this is especially true now that hiring people from all over the world is possible. Finding and interviewing the person is only half the battle — actually employing them and dealing with everything that comes with it is an entirely different game.

What if you find the ideal candidate, but they live in a company you’re not currently operating in? And what happens when a remote working request isn’t just about working from home and involves the employee asking to work from a completely different country?

Firstly, there’s a range of commercial and practical things to consider: can the role be undertaken remotely, and will communication be possible across varying time zones? But many financial and legal questions will also need to be answered. Mainly, can I employ someone in a country where I don’t have a legal entity set up? And what are the cost, admin and compliance implications of doing so?

This is where the services of an employer of record come in, giving businesses more expansive access to labour markets around the world — even in locations where they don’t yet have sufficient or any infrastructure in place.