Employer of Record: What Are They? Why Do You Need One?
An Employer of Record (EOR) is a third-party organization that hires and pays an employee on behalf of another company and takes responsibility for all formal employment tasks.
Using an EOR allows companies to legally and efficiently engage with overseas workers either in a new country or state, without having to set up a local entity or risk violating local employment laws.
It is a cost-effective way to outsource payroll and HR functions and overcome employment requirements for non-resident companies doing business in different countries.
But what exactly is an Employer of Record and which one to choose? I'm going to give you all these answers in this video.
#employerofrecord #remotework #liammartin #eor
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