When a company hires someone, they bear responsibility for all employment tasks, costs, and obligations that come with hiring that person. What happens when you want to hire someone in a country where you do not have an entity? Fortunately, there's an easy way to handle this, and that is to use an employer of record service that allows you to easily hire and manage employees in other countries. See why using employer of record (EOR) services from Remofirst can be pivotal to growing a global team.
What is an Employer of Record?
An employer of record, or simply EOR, acts as a global employee's legal employer for tax reasons, while the employee works for your company. The EOR assumes all standard employment responsibilities and duties, such as payroll and tax documents. Besides that, working with an EOR means you stay in control of the employee's day-to-day operations, such as daily duties, meetings, performance evaluations, and termination decisions. At the same time, the EOR also manages the administrative load of managing global teams.
With the development of global remote teams, this approach has grown in popularity. So if you're hiring remote teams, managing global teams, or just looking for global expansion, an employer of record company like Remofirst can simplify all employment tasks. It handles global payroll processing and employment rules for employees in various jurisdictions and keeps up with local laws and legislation, so you don't have to worry about learning and adhering to numerous global laws.
Most significantly, Remofirst's EOR includes services like employee onboarding, international payroll solutions, global benefits, legal compliance, and a dedicated talent pool to assist you in managing workers all over the world.
The Best Employer of Record Services
Remofirst offers employer of record services to assist you in managing your worldwide workforce. It's a one-click platform for hiring remote workers from anywhere globally. In exchange, you get same-day onboarding at the best price, no matter where you are, owing to its availability in more than 150 countries.
Key Features
Your company will be onboarded the same day with 24-hour client support.
As a global employer of record, Remofirst hires full-time employees and/or contractors on your behalf in more than 150 countries. If you have Remofirst, there is no need to spend months and tens of thousands of dollars establishing local entities.
Global contractors are paid, managed, and onboarded using locally compliant contracts. With this feature, you can avoid misclassification concerns, pass audits, and manage your global staff in one location.
Remofirst automatically calculates your team's hours, time off, holidays, bonuses, and commissions into payroll. Plus, all your compliance documentation is securely available via your dashboard at any time.
Remofirst also offers global benefits such as premium health insurance (medical, dental, and vision), equipment provisioning around the world, and financial benefits, such as pension plans and retirement.
It helps you avoid costly compliance errors and preserve your intellectual property. To do this, Remofirst set things up correctly to minimize penalties and litigation later. Its legal specialists and HR professionals will assist you in being compliant and staying ahead of new requirements throughout the world.
If you've got questions regarding perks, Visas, or anything else about global teams, Remofirst provides each customer with a dedicated account manager. Or, you can use the platform chat option to get answers from their team of professionals.
In addition to being one of the most trusted global payroll companies, Remofirst has dashboards that show you how your staff is dispersed, how much money you are spending, and other information.
Getting started with Remofirst is easy. You start with a full-time employee or contractor in a nation where your company is not incorporated. Simply provide your applicant's information to Remofirst, and they will tell you how much it will cost to hire your candidate in that country.
After that, all you have to do is sit back and relax. Remofirst will be ready to welcome your new global team member and handle all local compliance and administrative tasks.
Best Employer of Record Service
Overall, Remofirst's Employer of Record (EOR) service will give you dedicated HR, legal, and tax staff in each international country where you hire personnel. They will be responsible for a variety of tasks, such as local labor law compliance, local tax compliance, worldwide payroll distribution (in foreign currencies), and more. Remofirst raised $14.1 million in a funding round led by Mouro Capital and QED Investors, with participation from Counterpart Ventures. Remofirst's goal is to make EOR services more affordable so they can be accessible to any company.
You can also pay global contractors on the Remofirst platform for free. Automate all of your global payments in multiple currencies from one single platform.
Remofirst's Employer of Record (EOR) services start at $199 a month, so you can start hiring in 150+ countries with a single click. Streamline payroll, tax filings, pensions, and other administrative tasks in one go.
Get on-demand knowledge of local laws and regulations, as well as 24/7 assistance and access to perks and health insurance with Remofirst. Reach out to the team on remofirst.com to determine how much it would cost you to hire someone in X country at Y salary. Remofirst manages workers and contractors for Fortune 500 organizations and the leading startups worldwide. You can become one of them right now. Book a demo to get started.
