What is an Employer of Record?
An Employer of Record (EOR) is an organization that helps companies expand internationally by employing and paying employees on behalf of another company. EORs assume the responsibility for all formal employment tasks, including payroll processes and compliance documentation.
Simply put, using an Employer of Record (EOR) allows companies to legally and efficiently employ employees in other countries without having to set up a local entity or risk violating local employment laws.
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What is Lorem Ipsum?
You’ve sourced a full-time employee or contractor located in a country where your company is not incorporated.
What is Lorem Ipsum?
You’ve sourced a full-time employee or contractor located in a country where your company is not incorporated.
What is Lorem Ipsum?
You’ve sourced a full-time employee or contractor located in a country where your company is not incorporated.
How does RemoFirst pay employees as an EOR?
Global employees’ hours, time off, holidays, bonuses, and commissions are automatically calculated into the payroll via our platform. RemoFirst invoices our clients (the employers) in U.S. Dollar (USD), Euro (EUR), British Pound (GBP), Canadian Dollar (CAD), Australian Dollar (AUD), New Zealand Dollar (NZD), Singapore Dollar (SGD), or Israeli New Shekel (ILS).
You can summarize your entire global team’s payroll to aggregate them into one payment (instead of many individual payments).
How does an EOR handle liability and compliance?
Worker misclassification is a serious breach of law with costly penalties, ranging from hefty fines to jail time. RemoFirst helps you avoid expensive compliance mistakes by setting everything up according to your employee’s local laws, which can prevent fines and lawsuits down the line.
Our team of HR professionals and legal experts will help you stay compliant and get ahead of changing regulations globally by keeping up with local updates in every country we service.