ERA provides Global Employer of Record solutions in over 100 countries. We manage your worldwide contingent workforce compliance, payroll and human resources allowing fast-track global expansion.
What is an Employer Of Record?
An Employer of Record (EOR) is a third-party organization that legally employs workers for another business, taking full responsibility for all aspects of employment. EORs handle HR-related tasks such as payroll, tax compliance, employee benefits, and ensure adherence to federal and state labor laws. EORs can help companies:
Expand locally and internationallyScale their workforce quickly and efficientlySave on future expenses associated with employment liabilities, legal compliance issues, and the setup and maintenance of international office
How Does an Employer of Record Work?
ERA enables businesses to legally and efficiently engage with talent in a new state or country without having to establish a local corporation or risk violating local employment laws. An Employer of Record can handle a variety of HR and legal responsibilities.
Handles on-boarding, payroll, tax with holdings and benefits administration for domestic and global workers
Handles employee benefits and ensures ongoing support for employees
Handles legal responsibility for the employees, including termination and offboarding
Why Choose ERA
Workforce Solutions’ EOR Services?
Our EOR services, including payroll, benefits, taxes, and compliance,
free you to focus on your team.
Retain Top Talents
Attract and keep the best in the industry with strategic HR management and competitive benefits packages.
Maintain Compliance
Ensure accuracy in payroll, tax filings, and compliance documentation, minimizing errors and legal issues.
Up-to-date Records
Continuous monitoring and updating of employee records to reflect current data, ensuring regulatory compliance.
Reduce Cost & Save Time
Streamline HR processes to cut down expenses and administrative burdens, allowing focus on core business tasks.
Enter New Markets
Facilitate smooth entry into new geographical locations with local expertise and compliance assurance.
Hire During Entity Setup
Enable hiring and workforce management even before company incorporation is complete, speeding up market entry.
Ready to work with us?
We create UNLIMITED boundaries!
ERA Workforce Solutions has 15 years of experience in Vietnam and the USA. We offer solutions in over 100 countries by helping firms join these critical markets. We specialize in handling HR, benefits and tax nuances to help companies thrive in new situations and drive growth.
Learn More About
ERA’s Employer of Record
What does EOR mean in recruitment?
EOR stands for Employer of Record. Our firm is more than just a hiring agency; we take on the responsibility of recruiting your employees to simplify HR procedures, increase market access, and minimize overseas employee pay.
An EOR allows a corporation to expand operations into another country without forming a local entity, which can be costly and time-consuming. Working with an EOR allows businesses of all sizes to quickly and affordably hire and pay workers across several countries.
What is the difference between an EOR and PEO?
Though some people use the phrases interchangeably, there are key differences between EOR (Employer of Record) and PEO (Professional Employer Organization). An EOR is the legal employer of a company’s distributed workforce, whereas a PEO serves as a co-employer. PEOs primarily perform HR functions for organizations that already have entities. Meanwhile, EORs employ personnel on behalf of their clients without requiring them to set up an entity.
If you do not have an entity in the country where you wish to recruit talent, you need an employer of record rather than a PEO. Assume you’re dealing with a worldwide employment partner who requires you to establish your own entity before employing employees. In that instance, the partner only provides PEO services, not EOR services.
How much does an Employer of Record cost?
Most EOR service providers employ one of two pricing models: percentage pricing and flat fee structures. While percentage pricing can be highly costly, flat fees are more transparent and affordable.
Before working with any employer of record who charges a percentage rather than a flat fee, take caution. Global employment expenses might vary. Fee structures based on a percentage allow businesses to keep employee salaries low while diverting more money to third-party providers.
ERA’s EOR services are paid monthly, zero hidden fees, and zero surprises. Book a meeting to see how affordable growing can be to scale up your global team.
Why use an Employer of Record?
By legitimately employing workers on your behalf, an employer of record saves your business from liability and compliance risks.
In addition, EOR manages the complex HR procedures associated with employing personnel from foreign states.
When entering new international markets, each expansion has its own challenges that necessitate using an experienced team. Expert Resources Alliance, as your global Employer of Record partner, offers the highest level of support for you and your distributed workforce. Our worldwide capabilities in 10 and more countries, exceptional experience, and personalized service enable you to acquire top talent swiftly and legally.
We provide a comprehensive range of staffing solutions, including Contractor management, Sourcing (Hired) solutions, Payroll outsourcing, Mobility and Relocation services while you focus on leveraging your business.
