Employer of Record (EOR) services function as the official employer for your staff in regions where your business isn't physically established.
Opting for an EOR service means you can seamlessly recruit international talent without the complexities of establishing a legal entity abroad.
Beyond managing payroll, offering benefits, and navigating tax obligations for your overseas team members, these services extend their expertise to handle visa procedures, ensure local legal adherence, and streamline numerous HR tasks.
Our commitment at RemotelyTalents has been steadfast – dedicating countless hours to meticulously research and regularly refresh our guide to the premier EOR services, ensuring you're equipped with the most competent and up-to-date solutions for your global hiring needs.
What Are Employer of Record Services?
Think of Employer of Record (EOR) services as your international HR department, working behind the scenes. These third-party specialists take on the legal responsibilities of employing staff abroad, adeptly managing all the administrative, payroll, and documentation intricacies that come with international talent acquisition.
EORs are not just about managing your overseas payroll. They are comprehensive caretakers, ensuring everything from:
Envision a global business partner dedicated to streamlining your expansion. That’s your EOR. A strategic ally, stepping in as the official employer for your international workforce, handling complex legalities, and ensuring your global operations run smoothly.
While EORs expertly manage employment logistics, they typically don't cover the recruitment, hiring, and onboarding facets. That's where a synergistic partnership with a staffing agency can be a game-changer, seamlessly handling the recruitment process and ensuring a perfect fit for your team.
EOR services revolutionize how you hire remote, international, or contingent workers. They eliminate the need to set up separate legal entities or navigate the labyrinth of legal compliance and HR issues in each country, making your leap into global markets not just strategic but also hassle-free.
What are the Best Employer of Record Services in 2024?
Here is our list of top Employer of Record service providers in 2024:
Remote.com is a global EOR service provider that simplifies the legal and administrative challenges of hiring international talent. With operations in over 180 countries, Remote.com offers comprehensive solutions for payroll, benefits, taxes, and compliance, making it easier for companies to expand their teams globally without establishing local entities.
Global Payroll Management: Remote.com provides an efficient system to manage payroll, taxes, and benefits for international employees.
Local Compliance: Ensures adherence to local labor laws, offering peace of mind regarding legal obligations.
Employee Benefits: Offers competitive and localized benefits packages, including health insurance and retirement plans.
Extensive Country Coverage: With services in over 180 countries, businesses can access a vast talent pool without geographical limitations.
Streamlined Administration: Remote.com handles the complexities of international employment, allowing businesses to focus on their core operations.
Compliance Assurance: Mitigates the risk of non-compliance with local laws, providing businesses with legal security.
EOR Service: starting at $599/month per employee
Contractor Management Service: $29/month per contractor
Deel stands out as a leading EOR service provider, offering its expertise in over 90 countries. It's designed to streamline the hiring, onboarding, and payment processes for international contractors and employees, making it an ideal choice for startups, small businesses, and HR teams managing remote, global workforces.
Automated Compliance: Ensures that contracts and payments adhere to local laws.
Multi-Currency Support: Allows businesses to pay international team members in their local currency.
EOR Services: Acts as an employer of record, easing the complexities of setting up legal entities in different countries.
Seamless International Expansion: Provides localized benefits and allows businesses to edit and sign contracts directly in the app.
User-Friendly Dashboard: Offers a clear overview of payroll and necessary information.
Global Coverage: Deel's extensive network covers over 90 countries, providing businesses with a broad scope for international hiring.
EOR Service: $599/month per employee
Contractor Management Service: $49/month per contractor
OysterHR is a global EOR that enables companies to hire employees around the globe, focusing on compliant global hiring solutions. With coverage in over 180 countries, OysterHR minimizes legal and compliance risks for client companies, making it a strong ally in international talent acquisition.
International Coverage: Allows hiring in any country, providing global reach.
Market-Leading Protection: Offers strong protection against legal and compliance risks.
Less Focus on HR Services: While providing robust EOR services, OysterHR does not offer a full suite of HR solutions like recruitment.
Ease of International Hiring: Simplifies the process of connecting with contractors and employees in over 100 different countries.
Global Payroll Support: Supports over 120 currencies, facilitating global team management.
Quick Role Changes: Assists in converting contractors to full-time employees, providing flexibility in workforce management.
EOR Service: $499/month per employee
Contractor Management Service: $49/month per contractor
Remofirst is a global EOR that offers the most competitively-priced plans in the market, making it an attractive option for startups and small to medium-sized businesses. With the ability to hire and pay in 150+ countries, Remofirst stands out as a cost-effective EOR solution.
Compliant Hiring: Ensures employees are hired and paid in compliance with local laws.
Global Benefits Packages: Offers optional global benefits for employees, including health, dental, and vision coverage.
Streamlined Onboarding: Provides a smooth onboarding process, managing logistics for equipment provisioning.
Cost-Effectiveness: As of 2024, Remofirst's base price is the lowest on the market.
Currency Flexibility: Allows payments in multiple currencies, catering to international employees.
Dedicated Support: Each client is assigned a dedicated Account Manager for personalized assistance.
Papaya Global provides an innovative, AI-led Software as a Service (SaaS) platform, revolutionizing the way international businesses manage their global workforce. As a comprehensive PEO service, Papaya Global excels in streamlining HR administration and payroll processes across over 160 countries, offering tailored solutions and local expertise to ensure legal compliance in every jurisdiction. With their intuitive platform and mobile apps, businesses can effortlessly manage and analyze global workforce operations, from onboarding to benefits administration, making international expansion more accessible and efficient.
End-to-End Payroll Solutions: Supports payroll in over 160 countries and 100+ currencies with a guarantee of zero payroll leakage and no hidden fees.
Streamlined Onboarding Workflow: Offers a user-friendly platform for compliant contract creation and seamless employee onboarding across different jurisdictions.
Robust Compliance and Risk Management: Provides comprehensive compliance support with access to in-country experts and an automated global compliance engine to ensure adherence to local laws.
Global Coverage and Local Expertise: Supports employers in over 160 countries with the ability to run payroll in over 100 currencies, coupled with local experts for personalized assistance.
Centralized Workforce Management: Offers a centralized dashboard for a clear overview of workforce analytics, costs, and streamlined management of multiple locations and employees.
Flexible Benefits Administration: Enables businesses to offer competitive, localized benefits packages, ensuring compliance and enhancing employee satisfaction globally.
EOR Service: $650/month per employee
Contractor Management Service: $30/month per contractor
Multiplier serves as a robust global employment platform, offering extensive payroll and Employer of Record (EOR) services. Primarily catering to businesses employing freelancers, full-time international team members, and those aiming to explore global talent pools, Multiplier simplifies the process of paying employees, managing employee insurance, and ensuring strict legal compliance with employment contracts. The platform is particularly recognized for navigating multi-currency payments, understanding diverse employment laws, and handling complex payroll requirements efficiently.
Global Employment Compliance: Ensures adherence to local labor laws across different countries, significantly reducing legal risks.
Localized Payroll Management: Automates and adapts payroll processes to regional tax and employment laws.
Contractor Management: Provides dedicated functionalities for managing international contractors, ensuring contract compliance with local laws.
Simplified International Operations: Helps companies navigate the challenges of managing benefits and compliance when setting up international operations.
Robust Compliance and Benefits Administration: Offers a comprehensive platform for global benefits administration and ensures all contracts comply with labor law requirements.
Dedicated Customer Support: Provides round-the-clock support and local expertise in different countries to manage HR, payroll, benefits, and compliance aspects effectively.
EOR Service: $400/month per employee
Contractor Management Service: $40/month per contractor
Plane, formerly known as Pilot, positions itself as a comprehensive payroll and HR solution for fast-growing companies, offering an all-in-one people platform that scales from startup to IPO. Specializing in international payroll and HR for startups, Plane allows companies to manage payroll for W2 and global team members in over 100 countries, making global expansion seamless and efficient. Their Employer of Record (EOR) services enable businesses to hire in 100+ countries, ensuring compliance with local regulations and offering expert guidance on worker classification and other complex HR & compliance questions.
Global Payroll and HR: Supports payroll in over 100 countries and contractor payments in 240+ countries, providing benefits in 175+ countries, including optional benefits for contractors.
Expense Management: Offers built-in expense management tools and local contract compliance oversight.
Centralized Platform: Provides a centralized payroll platform for automated payments to domestic and international contractors and employees.
Global Expansion Support: Acts as an EOR in 100+ countries, allowing businesses to hire international employees quickly without the need for local entities.
Comprehensive Compliance: Ensures country-specific compliance for your team and provides expert advice on worker classification and other complex HR & compliance questions.
Transparent and Flexible Pricing: Offers simple, transparent, and affordable flat rate pricing with flexible contracts and no setup or hidden fees.
EOR Service: $499/month per employee
Contractor Management Service: $39/month per contractor
What Questions Should I Ask When Choosing the Best Employer of Record Services?
When choosing the best Employer of Record (EOR) services, it's crucial to ask questions that will help you understand the scope, reliability, and fit of the service for your company's specific needs. Here are some key questions to consider:
Compliance and Expertise:
How do you ensure compliance with local labor laws and regulations in each country?
Can you provide examples of how you've navigated complex legal situations in specific jurisdictions?
Experience and Track Record:
How long have you been providing EOR services, and what is your experience in my company's industry?
Can you share case studies or testimonials from businesses similar to mine?
What specific services are included in your EOR solution? (Payroll processing, tax withholdings, benefits administration, etc.)
Do you offer additional services like immigration support or assistance with visas and work permits?
What is your pricing model for EOR services? Are there any additional fees that I should be aware of?
How does your pricing compare to other EOR providers, and what makes your services a better value?
What does the onboarding process for new employees look like with your EOR service?
How do you handle contract generation, and are the contracts customizable to meet specific company policies?
Support and Communication:
What kind of support can I expect from your team, and what are your response times for inquiries or issues?
Will I have a dedicated account manager or point of contact?
Technology and Integration:
What kind of technology platform do you use, and how user-friendly is it?
Does your platform integrate with other HR, payroll, or accounting systems we currently use?
In which countries do you provide EOR services, and do you have direct local entities or partnerships?
How do you handle payroll and compliance in countries where you don't have a direct presence?
Scalability and Flexibility:
How adaptable are your EOR services to changes in company size or strategy?
How do you handle scaling up or down in different countries based on our business needs?
Data Security and Privacy:
What measures do you take to ensure the security and confidentiality of our company's and employees' data?
Are you compliant with global data protection regulations like GDPR?
Asking these questions will provide a comprehensive understanding of the EOR provider's capabilities, reliability, and alignment with your company's specific requirements. It will help you make an informed decision and choose an EOR partner that can effectively support your company's global expansion.
What is the Alternative to Employer of Record Services?
While Employer of Record (EOR) services efficiently handle the legal and administrative facets of international employment, staffing agencies like RemotelyTalents present a comprehensive alternative. These agencies not only manage payroll and administrative tasks but also specialize in sourcing, interviewing, and selecting top international talent, tailored to your business needs.
Expert Talent Acquisition: Leveraging extensive networks to find and onboard the best candidates.
Comprehensive Employee Management: Ensuring compliance with local laws, administering payroll and benefits, and managing the entire employee lifecycle.
Flexibility and Scalability: Quickly adapting to your company's evolving needs, allowing for efficient scaling.
Strategic Insights: Providing valuable market intelligence to inform your hiring strategies.
In essence, staffing agencies like RemotelyTalents deliver an all-encompassing solution, combining the administrative ease of EOR services with expert talent management, enabling you to focus on core business growth.