An Employer of Record (EOR) is an organization that helps companies expand internationally by hiring and paying employees on behalf of another company. EORs assume the responsibility for all formal employment tasks, including payroll processes and compliance documentation.
Simply put, using an Employer of Record (EOR) allows companies to legally and efficiently employ workers in other countries without having to set up a local entity or risk violating local employment laws.
An Employer of Record (EOR) officially hires employees in other countries on behalf of their client. For example, if your company is legally registered in the United States and you want to hire an employee in Portugal, you can do so through an Employer of Record (EOR).
In this partnership, the employer (client) is still in charge of the employee's day-to-day operations -- such as tasks, meetings, performance reviews, and termination decisions -- while the EOR handles the administrative burden of managing a foreign workforce.
Global employees' hours, time off, holidays, bonuses, and commissions are automatically calculated into the payroll via our platform. Remofirst invoices our clients (the employers) in either US Dollars (USD), Euros (EUR), British Pounds (GBP), Canadian Dollars (CAD), or Singapore Dollars (SGD) each month and pays your global employees on time in their local currencies.
You can summarize your entire global team's payroll to aggregate them into one payment (instead of many individual payments).
Worker misclassification is a serious breach of law with costly penalties, ranging from hefty fines to jail time. Remofirst helps you avoid expensive compliance mistakes by setting everything up according to your employee's local laws, which can prevent fines and lawsuits down the line.
Our team of HR professionals and legal experts will help you stay compliant and get ahead of changing regulations globally by keeping up with local updates in every country we service.
Each client of Remofirst receives a dedicated account manager, and our customer support is available 24/7 for hiring managers as well as global employees.
Have a question about benefits, Visas, or anything else related to international employment? You can use our platform's embedded chat function to get answers from our team of experts while directly including all of the relevant parties.
Speed – You can outsource all of your international HR needs and leave the details in the hands of someone who knows all the ins and outs of hiring in each country. Setting up an entity and your own local bank accounts can take months. EORs help you hire talent in a matter of days with less paperwork and legal requirements from your end.
Cost Reduction – It’s expensive to set up entities, manage compliance filings, and hire lawyers & accountants in each country. Instead, you can shift this burden to the EOR so they manage that cost and complexity on your behalf. Working with an EOR also means you won't need to incorporate in a new country before testing a potential market.
Oversight – If you are expanding into several locations at once, your team is too busy to keep track of employment compliance in an ever changing regulatory landscape. Your EOR will provide you global (and regional) expertise, and tech enabled solutions to view your global workforce in one place.
Remofirst is managing employees and contractors for Fortune 500 companies and best startups around the world. Become one of them today.
You've sourced a full-time employee or contractor located in a country where your company is not incorporated.
Pass us the details of your candidate and we will let you know exactly what it costs to employ your candidate in that country.
Sit back and relax as we onboard your new team member and take care of all the local compliances and admin work.