How to Choose the Right Employer of Record Partner

When selecting an EOR partner, there are several crucial factors to take into account:

Transparent Pricing:
Seek an employer of record that provides clear and transparent pricing, without unexpected charges or hidden fees, making it simple to manage your distributed workforce budget effectively.

Accurate Employer Burden Calculations:
Look for a provider that demonstrates proficiency in accurately calculating employer burden costs. In addition to payroll expenses, an employer must account for other social contributions such as health insurance, social security, and paid time off. These employer burdens can vary across different markets, and your EOR partner should furnish precise quotes for these requirements.

Global Coverage in Target Markets:
Ensure that your chosen partner possesses in-depth expertise and knowledge of the markets where you intend to engage talent. Collaborating with an inexperienced partner can result in unnecessary time and financial expenditures and may expose you to non-compliance with local labor regulations.

Responsiveness and Support:
Opt for a responsive partner capable of promptly addressing your and your team's needs. Your EOR partner plays a pivotal role in consistently engaging with your existing workforce and newly onboarded talent on your behalf. Confirm that your EOR partner assigns a client account manager who can swiftly respond to your team's inquiries, facilitate the onboarding of supported employees, and accommodate local time zones and languages.

Independent Third-Party Validation:
Consider partnering with an EOR that has earned recognition as an industry leader through credible third-party sources. Unbiased validation reports from industry analysts are grounded in thorough research and insights from customers. Reviewing such reports enables you to readily identify established EOR leaders that offer the most effective solutions for growing and supporting your global workforce.