The Best Employer of Record & International Payroll Solutions
Employer of record (EOR) allows you to grow a global workforce without needing to set up new entities across the world. Hire the top talent abroad and an EOR solution will do the leg work, like managing international hiring, onboarding, payroll & compliance from one easy-to-use platform. Looking to pay domestic employees? Try Payroll Software
Editor’s Top 3
- Save over $200,000 in set up costs
- Trusted by 8000+ businesses
- Get set up in a week or less and hire right away
- Hire in 150+ countries
- Best for cost-conscious startups
- Dedicated support manager
- Available in 180+ countries
- Manage a global team in one place
- Employ in 150+ countries
- Stay 100% compliant
- Pay in 120+ currencies
- 20% off your first 12 months
- Payments in 120+ currencies
- Dedicated customer support
- #1 Compliant EOR Solution
- Centralized global HR stack
- Localized payroll and benefits
- $1k off when purchasing an annual plan
What to look for in EOR/International Payroll Solutions
Choosing the right EOR solution for your business can be a real challenge. The right software makes it easy to expand your business by hiring top talent globally quickly
With that in mind here are five things to look for when choosing an EOR solution:
- Cost
- Countries covered
- Flexibility
- Data security & compliance
- Customer support
EOR vs PEO: What’s the difference & which is better?
EORs and PEOs both assist businesses with HR tasks, such as payroll. However, the key difference is that an EOR becomes solely responsible for a worker’s employment, whereas a PEO works with a business to jointly employ a worker. The EOR will be liable for ensuring the employment complies with local labour laws and for fulfilling all other administrative requirements. A business can then enter a services agreement with their elected EOR. They’ll be able to work with the employee(s) contracted to the EOR, delegating work as they would with any other employee on their books.
Conversely, a PEO co-employs the worker alongside the business using the service. The business using the PEO must own a legal entity in the country it’s employing the worker. Moreover, the business will be entirely responsible for compliance with local labour laws.
Benefits of choosing an EOR over a PEO:
- EOR does not require an employer to own a legal entity in any region
- EOR is more affordable and quicker for companies that don’t own a legal entity in the country of employment
- EORs allow businesses to focus resource elsewhere. Foreign employment laws can be very complicated and many require a large depth of knowledge.
- EOR gives more flexibility to businesses
Who we are
Tech.co is a leading business technology authority, here to help you know more about tech and find the best solutions to work smarter and grow securely. We assist over half a million customers each month in making the right choices for their needs, with our comparison charts, guides, and reviews.
The right tech can help you find new and more efficient ways of running your operation, retain and attract loyal customers, protect your assets from security risks, or even add entirely new revenue streams. We should know, because we’ve been there; Tech.co started out as a simple community-building Tech Cocktail event, back in 2006, and has transformed into a fully-fledged media company.
