REMOTE EOR: TOP EMPLOYER OF RECORD SERVICES FOR ALL TYPES OF GLOBAL BUSINESS ENTITIES
If you are looking for a way to hire and manage remote workers across the world, you should consider using Remote's employer of record (EOR) services. EOR services allow you to outsource remote workers including all the legal and administrative aspects of employing them such as payroll, taxes, benefits, compliance, and more. With Remote, you can have access to a global network of 150 serviceable countries among which selected countries support EOR services {ref. country guide}. You can enjoy a hassle-free and cost-effective way to expand your remote team.
- INTRODUCTION
- WHAT IS EMPLOYER OF RECORD?
- WHAT ARE EOR SERVICES?
- REMOTE EOR SERVICES FEATURES
- WHY SHOULD WE CONSIDER REMOTE EOR SERVICES?
- HOW TO USE REMOTE EOR SERVICES?
- PRICING & BENEFITS
- PROS & CONS
- CONCLUSION
WHAT IS AN EMPLOYER OF RECORD?
An Employer of Record (EOR) is a third-party organization that hires and manages employees on behalf of another company. For example, if a US-based company wants to hire workers in Canada, it can use an EOR service to handle the legal and administrative aspects of employing them in Canada. An EOR handles payroll, taxes, benefits, compliance, and other administrative tasks for the employees, while the company retains control over their work assignments and performance. An EOR can help a company expand into new markets, reduce costs, and mitigate risks.
WHAT ARE EMPLOYER OF RECORD SERVICES?
All the services managed by Employer of Record organisation (involving remote hiring, payroll, documentation, tax & compliance control etc.) are known as EOR Services.
REMOTE EOR SERVICES FEATURES
Remote is a platform that enables companies to hire and manage employees anywhere in the world. One of the main features of Remote is its employer of record (EOR) services, which allow companies to outsource the legal and administrative aspects of hiring and paying employees in different countries. With Remote's EOR services, companies can:
- Access a global talent pool without setting up local entities or subsidiaries.
- Comply with local labor laws and tax regulations.
- Provide benefits and perks to their employees according to their preferences and needs.
- Simplify payroll and invoicing processes with a single platform.
- Reduce costs and risks associated with international hiring and employment.
WHY SHOULD YOU CONSIDER USING REMOTE EOR SERVICES?
There are many benefits of using Remote's EOR services for your remote hiring needs. Here are some of them:
1. You can hire anyone, anywhere. Remote allows you to tap into a diverse and talented pool of remote workers from around the world, without having to worry about setting up a local entity or dealing with complex legal requirements. You can hire full-time or part-time employees, contractors, or freelancers, depending on your needs. For example, you can hire a web developer from India, a graphic designer from Brazil, a content writer from Canada, or a project manager from Germany.
2. You can save time and money. Remote handles all the payroll, taxes, benefits, compliance, and other administrative tasks for your remote workers, so you don't have to spend time and resources on managing them yourself. You can also benefit from Remote's competitive pricing and transparent fees, which are lower than most traditional EORs. For example, you can save up to 50% on payroll costs compared to hiring through an agency or setting up your own entity.
3. You can provide a great employee experience. Remote ensures that your remote workers receive fair and compliant compensation and benefits, such as health insurance, pension plans, paid leave, and more. You can also use Remote's platform to onboard, communicate, and engage with your remote workers, and provide them with tools and resources to work effectively and productively. For example, you can use Remote's chat feature to chat with your remote workers in real time, or use Remote's learning hub to offer them online courses and training.
4. You can scale your remote team with ease. Remote allows you to add or remove remote workers as needed, without any long-term contracts or commitments. You can also switch between different EORs in different countries if you need to change your hiring strategy or adapt to changing regulations. For example, you can hire a remote worker in France for a short-term project, and then switch them to an EOR in Spain if you want to extend their contract.
HOW TO USE REMOTE'S EOR SERVICES?
Using Remote's EOR services is simple and straightforward. Here are the simple steps:
REMOTE EMPLOYER OF RECORD SERVICES PRICING & BENEFITS
Remote is a global employment services provider that helps you hire and manage employees in different countries legally and easily. Remote's EOR fees are $599 per employee per month (paid full annual fee,e upfront) and $699 per employee per month (paid monthly), on top of the total cost of employment (TCE) for each employee, which varies by country. EOR services enefits:
1. With Remote's employer of record (EOR) services, you can hire employees in countries where you don't have a local entity, and let Remote handle payroll, taxes, benefits, and compliance for you.
2. Remote offers competitive benefits packages tailored to each country, and protects your intellectual property and invention rights with its IP Guard service.
3. Remote also provides support from local HR and legal experts, and ensures no third-party delays.
4. Remote's EOR services are ideal for businesses that want to expand their global talent pool without the hassle and cost of setting up a local entity.
REMOTE EOR SERVICES PROS & CONS
If you are looking for a hassle-free way to hire and manage remote workers across the globe. With Remote, you can access a network of local entities in over 150 countries and regions, and hire employees or contractors with full legal protection.
PROS:
- You can save time and money by outsourcing the administrative tasks of hiring and managing remote workers through Remote.
- You can offer competitive compensation and benefits packages to your remote workers, such as health insurance, pension plans, stock options, and more.
- You can ensure compliance with local labor laws and tax regulations in each country where your remote workers are located.
- You can rely on Remote's team of HR and legal experts to handle all the employment-related tasks and issues for you, reducing your administrative burden and risk exposure.
- You can reduce the risk of misclassification, fines, penalties, and lawsuits that may arise from hiring remote workers directly.
- You can use Remote's platform to manage your global team easily, with features like automated payroll, time tracking, invoicing, and reporting.
CONS:
- You will pay a monthly fee per employee, which may vary depending on the country and the level of service you choose.
- You will have to agreed over your employee's contract and terms of employment, as they will be governed by the local laws and regulations of the employee's country.
CONCLUSION
Remote is the leading platform for hiring and managing remote workers across the world. It's EOR services are ideal for companies that want to expand their global talent pool, scale their remote operations, and optimize their workforce management. Whether you need full-time employees, contractors, freelancers, or EOR services, Remote has got you covered. Join thousands of companies that trust Remote to help them build their remote teams today.
Ready to get started?
If you are interested in using Remote's EOR services for your remote hiring needs, you can signup for a free account today 'or' book a demo for your specific needs. You can also contact Remote's support team 24/5 for any assistance.
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