What is an Employer of Record [EOR]

-----------------------
An employer of record, or EOR for short, is a third party organisation that legally employs workers on behalf of another company or business. EORs allow companies to expand internationally without having to set up an entity.

This means that EORs take on the added responsibility of complying with local employment laws for their clients.

EORs ensure compliance with local regulations regarding: compensation, holidays, benefits and welfare, severance and termination, payroll tax and collective agreements.

EORs also sign the employment contract alongside the employee, which means that on paper, they are the employer of a client's chosen talent and are legally liable for them.

Despite that, client companies retain full control over their relationship with the employee and the work they're doing, which is ensured through the service agreement between an EOR and their client company.

#remotework #employment #remoteteams #globalteams #digitalnomad #wfh #hiring #hiringtalent #globalexpansion #internationalmarket