The Best Employer of Record Providers for Startups

So, you’re a startup CEO with plans for global expansion. You know that an EOR can help you hire the best global team while ensuring compliance and streamlining payroll processing and employee benefits administration. But which is the best EOR to partner with for your business?

To help you figure it out, we’ve rounded up the five best employer of record providers with a breakdown of their pricing and services. 

1. Remofirst

Remofirst is an all-in-one EOR platform that lets you hire remote employees and contractors in 150+ countries through its network of partners. This saves you from having to set up legal entities in every country where your team members live.

Remofirst’s pricing makes it accessible for businesses of all sizes — even bootstrapped startups — and it’s flexible enough to grow with you as you scale business operations. 

Features:

International payroll solutions: 

• Remofirst covers 150+ countries, and you can pay in USD, GBP, EUR, CAD, or SGD for all your employees and independent contractors, who receive payment in their local currencies.
• Remofirst automatically calculates team members’ hours, time off, holidays, bonuses, and commissions into payroll.
• Companies can summarize their invoices to aggregate them into one payment rather than paying each international employee individually.

International benefits management: 

• Financial benefits, such as international pension plans and 401(k)
• Equipment (laptops, monitors, chairs)
• Premium health insurance (medical, dental, and vision). Remofirst has RemoHealth, an offering that allows companies to offer personalized, international private medical insurance with some of the best coverage in the world.

Robust compliance: 

• Remofirst’s team of legal experts and HR professionals handle all things compliance. They set everything up according to each employee’s local laws and keep up with regulations to prevent non-compliance. 

Onboarding:

• The platform handles background checks and offers same-day onboarding for international employees. 

Outstanding customer support

• Remofirst stands out for transparency and excellent customer service. Each client gets a dedicated account manager in their time zone and access to 24/7 customer support from a human.

Pricing

Compared to other EOR platforms, Remofirst stands out for its affordability:

• $199/person/month for employees
• $25/person/month for contractors

2. Deel

Deel supports businesses of any size, from mid-market and enterprise companies to SMBs that are growing and want to explore different global markets and talent pools. 

Features:

Coverage:

• Deel can operate in 90+ countries. 

Global payroll: 

• Deel provides automated payroll tools that manage payments across distributed workforces in 60+ countries. 
• Wages can be sent out in bulk to your team and automatically localized to their currency without extra charge. The platform also handles local taxes.
• Deel handles benefits such as health insurance, equipment, and financial benefits.
• The platform offers automated invoices for the company, contractors, and employees, but these are only available in English.

Onboarding:

• The platform offers quick onboarding and can handle background checks.

Compliance:

• Deel has local payroll experts in each jurisdiction, and support is available for contractors facing challenges setting themselves up as an LLC. 

Platform:

• The platform has a self-service approach, using tech-enabled features so customers can jump in quickly and easily when hiring and managing employees.

Integrations:

• Deel integrates with popular platforms like Quickbooks, Bamboo, Greenhouse, and more.

Fast support: 

• Companies can get help from 24/7 in-app live chat support.

Pricing:

• From $49/person/month for contractors 
• From $599/person/month for employees

3. Remote

Remote enables businesses of all sizes to pay and manage full-time and contract employees all over the world. 

Features:

Global EOR:

• Remote centralizes global workforce management in 70+ countries.

Global payroll: 

• Remote handles payroll calculation, tax deductions, local tax reporting, payslip generation, benefit deductions, expense and time off management, and payroll reporting and compliance.

International benefits: 

• Companies can offer country-specific benefits packages.

Compliance:

• Remote handles all tax and legal compliance for payroll, employee expenses, and liability cover.

Integrations:

• Remote offers several free Remote HR integrations for applicant tracking, payroll integration, and information management systems. 

Support:

• Remote has a help center, plus it offers email support and a 24/7 help widget that has live chat 10 hours/day.

Pricing

• $29/person/month for contractors
• $599/per person/month for employees

4. Oyster

Oyster is a professional employer organization (PEO) that also fulfills some of the functions of an EOR, such as compliant contracts, payroll processing, and benefits management. As Oyster is a PEO, you’ll need a legal entity in every country you wish to hire.

Features:

Coverage:

• Oyster operates in 90+ countries.

Global payroll: 

• Companies get multi-country payroll, where Oyster handles salaries, expenses, allowances, bonuses, invoice payments, and paying team members in their preferred local currency. 
• Oyster handles currency conversions and tax deductions. Companies can download a detailed breakdown of payroll costs, use the built-in expense management feature, and manage allowances and bonuses.
• Oyster has built-in features to support all sorts of ad-hoc payments — from expense reimbursements to performance bonuses.

Employee benefits:

• Oyster offers localized benefits — companies can provide health, dental, and vision coverage for team members all over the world. 

Compliance:

• The platform ensures compliance with all local entity taxes and labor laws. 

Support:

• Oyster HR offers comprehensive onboarding, support via email, and in-app live chat.

Pricing

• $29/person/month for contractors
• $499/person/month for employees

5. Papaya Global

Papaya Global offers end-to-end management solutions for hiring both employees and contractors.

Features:

Coverage:

• Papaya Global operates in 160+ countries.

Global payroll: 

• Companies can pay team members in 12 currencies, which employees and contractors receive in their local currencies. The platform also handles benefits.
• Papaya offers budget tracking, anomaly detection, and on-time execution through AI-based data verification.
• A self-service portal lets your employees manage their PTO, payslips, and documents in one place.

Compliance:

• The platform ensures compliance, offering a localized repository for contracts, reporting, and payments. They also issue compliance alerts and ensure that companies stay up-to-date with country-specific payroll and employment laws.

Integrations:

• Papaya offers integrations for HR information management systems, ERPs, and expense and time management systems.

Support:

• Papaya Global offers email support.

Pricing

• $25/person/month for contractors
• $770/person/month for employees

Scale Your Global Business with Remofirst

EOR service providers make hiring global talent easy and accessible for small businesses and startups, handling employment contracts, payroll services, and local compliance for remote teams. 

If you’re looking to hire remote workers in different countries or expand into new markets, outsourcing to an EOR partner like Remofirst can streamline your operations and save your business precious time and money. 

With our unbeatable prices, intuitive, easy-to-use platform, and outstanding customer support, Remofirst is the best option for budget-conscious employers looking to take their business global. 

Request a demo to learn more about how Remofirst can help you conquer the world through global hiring.