What is an EOR?
An employer of record (EOR), sometimes known as a professional employer organisation (PEO) or Global Employment Outsourcing (GEO), is an organisation that can hire and pay employees on behalf of another business, nationally or internationally. They will be responsible for all HR tasks, such as immigration, payroll and employment, ensuring compliance and efficiency with no need for a local entity to be set up.
Instructing an EOR is the smart choice when it comes to hiring overseas. Employment regulations vary drastically from one country to another, so our role as the EOR service provider is to take on the burden of everything to do with officially employing someone — from tax and payroll to compliance with local and national laws.
On paper, we’ll act as the primary employer of your employee, but you’ll still be completely in charge of their day-to-day deliverables. In short, they’ll act like any other employee — just with fewer complexities for you to worry about!