India's rich and skilled talent network presents a vast opportunity for businesses seeking top-notch tech talent and global expansion opportunities. In this collaborative guide with Uplers you’ll learn the best ways to effectively (and compliantly) hire remote talent in India.
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An Employer of Record (EOR) helps companies expand internationally by legally employing and paying employees on behalf of another company (their clients). EORs assume the responsibility of all formal employment tasks, including international payroll processing and compliance documentation.
Working with 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.
The Employer of Record (EOR) officially employs talent 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 easily through an EOR without needing to set up a local entity.
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 that comes with managing a foreign workforce.
Whether you are working with international contractors, full-time remote employees, or both, you can manage HR for your entire global team from one dashboard, no matter where they are located or which currency they are compensated in.
Remofirst makes it easy for you to keep track of your global payroll spend in one single currency while still paying out your employees in each of their local currencies.