To put it simply, if you need to hire overseas but don’t want the hassle of setting up a local entity, an Employer of Record (EOR) has got you covered. The EOR handles everything – hiring, onboarding, payroll, taxes, and benefits. This approach provides a seamless solution for globally expanding companies to navigate the complexities of international employment while ensuring legal compliance.
What we cover
Why Use an EOR Service?
EOR software is crucial for organizations, automating tasks like exit interviews and access revocation for a streamlined offboarding process. It facilitates knowledge transfer, expedites new hire onboarding, and preserves institutional knowledge. By fostering alumni networks and feedback mechanisms, it contributes to a positive employer brand.
The software also provides valuable analytics on turnover trends and engagement levels, empowering decision-makers in talent management and workplace improvements. Overall, EOR software is a strategic investment for optimizing offboarding, enhancing workplace culture, and positioning organizations as top employers in the talent market.
General Pricing
EOR services, priced from $299 to $699 per employee per month, vary based on factors like the country of hire, service features, employee count, contract length, implementation costs, and currency fluctuations. Country-specific complexities and the extent of services, covering legal support, benefits administration, talent acquisition, global payroll, and tax services, contribute to the overall expense. Volume discounts for larger employee counts, longer contracts, initial setup costs, and currency fluctuations further influence pricing.
Despite costs, EOR services offer value. They ease administrative burdens, ensuring compliance and providing scalability for global workforce management. EOR expertise minimizes legal and financial risks, granting access to a wider talent pool. Additionally, their cost-effectiveness, especially for small-scale international expansions compared to local subsidiaries, makes them strategically viable for businesses aligning with goals and budget.
How to Choose the Best EOR?
- Global Reach: Assess the EOR’s global footprint to ensure it covers the countries you intend to hire in, meeting your specific international workforce requirements.
- Technology Integration: Prioritize an EOR with a user-friendly global HR platform that seamlessly integrates with your existing systems, facilitating efficient and automated international employee onboarding.
- Data Security: Confirm the EOR’s commitment to data protection, ensuring secure hosting on a global scale and compliance with regulations such as GDPR.
- Support Expertise: Choose an EOR with a team of experienced HR professionals capable of providing comprehensive support, from global payroll and taxation to compliance, guiding you throughout the entire employee lifecycle.
- International Compliance Assurance: Verify that the EOR is well-versed in international compliance, covering aspects like nondiscrimination laws, employment agreements, minimum wage, statutory benefits, privacy laws, and termination protections.
- Local Expertise: Opt for an EOR with a global team of HR experts and in-country partners, ensuring a deep understanding of local laws, customs, and business etiquette for successful international hiring processes.
- Comprehensive Benefits: Select an EOR offering a diverse portfolio of global benefits, including customizable health coverage and attractive packages, enhancing your ability to attract and retain top international talent.
Top Software Recommendations
Remofirst offers a streamlined solution for businesses to onboard, manage, and pay remote employees across different countries with compliance and ease.
Multiplier is a global employment platform that simplifies the process of hiring and managing international employees and contractors, ensuring local legal compliance.
Deel provides a comprehensive platform for hiring, payroll, and compliance that enables companies to effortlessly manage remote teams in over 150 countries.
Oyster HR is a global HR platform designed for distributed companies, facilitating the hiring, payment, and management of remote employees with a focus on compliance.
Remote offers an end-to-end international payroll, benefits, taxes, and compliance solution for employers to manage their global workforce efficiently.
Rippling is an all-in-one workforce management platform that integrates HR, IT, and operations, automating everything from employee onboarding to device management.
At a Glance
| Feature | Papaya | Multiplier | Remofirst | Remote |
| Best For | Small Businesses | Enterprise | Freelancers | Mid-sized Firms |
| Windows & IOS | Yes | Yes | Yes | Yes |
| Ease of Use | 4.5/5 | 4.2/5 | 4.8/5 | 4.0/5 |
| Popularity | Medium | High | Low | High |
| Rating | 4.5/5 | 4.6/5 | 4.3/5 | 4.2/5 |
| Price/Free | $650 /mo per employee | $400 /mo per employee | $199 /mo per employee | $599 /mo per employee |
| Software | Windows | Windows | IOS | Windows & IOS |
| Security | AES-256 Encryption | Two-Factor Auth | SSL Encryption | End-to-End Encryption |
| Integration | Dropbox, Google Drive | Salesforce | Slack, Trello | Microsoft 365 |
| Customization | Limited | Extensive | Moderate | Limited |
Best EOR Services
1. Papaya
Papaya is a global payroll and payments platform that streamlines international workforce management.
Key Features:
- Automated Payroll Processing
- Compliance Management
- Global Payments
Ratings: 4.5/5
Pros:
- Comprehensive global payroll solution
- User-friendly interface
Cons: Limited customization options
Pricing: $650 /mo per employee
The platform’s automated onboarding and employee self-service portal streamline HR processes, while HR management tools and advanced analytics provide valuable insights. Papaya’s user-friendly interface, scalability, and comprehensive support contribute to its popularity among businesses.
Papaya Software excels in simplifying global payroll, automating tasks, and providing a user-friendly experience. Its scalability and excellent support are notable advantages. However, potential downsides include higher costs for small businesses and a level of complexity that might be challenging for very small enterprises.
Favored for global payroll expertise, task automation, and user-friendly scalability. Ideal for multinational companies, startups, ecommerce businesses, and those with complex HR needs. Noted for scalability but potential cost and complexity concerns for very small businesses.
Learn more about Papaya Global in this video!
Verdict: Papaya Software, a powerful HR and payroll solution, excels in global payroll, automation, and user-friendliness. Suitable for diverse businesses seeking efficiency, scalability, and compliance.
2. Multiplier
Multiplier is an all-in-one employee benefits and payroll platform designed for modern businesses.
Key Features:
- Benefits Administration
- Payroll Processing
- Employee Self-Service
Ratings: 4.6/5
Pros:
- Integrated payroll and benefits
- User-friendly interface
Cons: Limited customization for unique business needs
Pricing: $400 /mo per employee
Multiplier is a leading global employment solutions provider, simplifying international talent acquisition and management for businesses. With a streamlined onboarding process and expert support, it enables seamless scaling of teams across borders, eliminating the complexities of establishing local entities.
The platform offers global talent acquisition, automated payroll and compliance handling, benefits administration, immigration support, and robust HR management tools. From pre-vetted professionals to comprehensive benefits, Multiplier provides a one-stop solution for international workforce management.
Businesses appreciate Multiplier for its seamless global hiring, access to diverse talent, cost-effectiveness, compliance assurance, and dedicated customer support. The platform ensures peace of mind, making it an attractive choice for those looking to expand globally.
Verdict: For businesses aiming to scale globally, reduce hiring costs, ensure compliance, and enhance the employee experience, Multiplier offers a comprehensive and efficient solution.
3. Remofirst
Remofirst is a remote workforce management tool focused on enhancing communication and productivity for virtual teams.
Key Features:
- Task Management
- Virtual Team Collaboration
- Time Tracking
Ratings: 4.3/5
Pros:
- Efficient task tracking
- Seamless team collaboration
Cons: Interface can be overwhelming for new users
Pricing: $199 /mo per employee
Remofirst stands out as a comprehensive Employer of Record (EOR) platform, simplifying global employment for businesses managing remote teams. It streamlines onboarding, ensuring a smooth experience, and handles payroll, taxes, and benefits with compliance expertise in over 150 countries. The platform provides detailed reporting and analytics for data-driven decisions.
Businesses opt for Remofirst due to simplified global employment, faster hiring, reduced costs, compliance assurance, and scalability. It enables companies to build and manage global remote teams, focus on growth, and attract top talent with competitive benefits.
Remofirst emerges as a powerful EOR solution, empowering businesses to thrive in the remote work era. Its user-friendly interface, global capabilities, and comprehensive support make it an invaluable asset for companies seeking to expand their remote workforce and achieve business goals.
Verdict: Ideal for startups, fast-growing companies, ecommerce businesses, and multinational corporations, Remofirst caters to those looking to scale remote teams, manage global operations efficiently, and ensure compliance across countries.
4. Remote
Remote is a platform specializing in global employment solutions, simplifying the complexities of international hiring and payroll.
Key Features:
- Global Employment Compliance
- Payroll Management
- Talent Acquisition Support
Ratings: 4.2/5
Pros:
- Comprehensive global employment services
- Robust payroll features
Cons: Pricing may be higher for smaller businesses
Pricing: $599 /mo per employee
Remote offers a robust global employment platform, enabling businesses to effortlessly hire, manage, and pay remote employees worldwide. The platform’s focus on streamlined onboarding, payroll, compliance, and benefits administration allows businesses to concentrate on core operations and build a diverse and skilled remote workforce.
Remote’s key features include simplified global hiring, automated payroll and compliance for over 150 countries, comprehensive benefits, global team management tools, and expert support. These elements collectively contribute to a seamless and efficient remote work experience.
Businesses opt for Remote due to its simplified global employment processes, enhanced talent acquisition capabilities, cost-effectiveness, compliance assurance, and scalability. The platform’s ability to eliminate the need for local entities reduces overhead costs and administrative burdens.
Verdict: Remote is ideal for startups to multinational corporations, providing a powerful solution for effective remote team management.
5. Oyster HR
Oyster HR is an HR management platform designed to simplify and automate various HR processes, offering a centralized solution for workforce management.
Key Features:
- Employee Onboarding
- Performance Management
- HR Analytics
Ratings: 4.4/5
Pros:
- Comprehensive HR management
- User-friendly design
Cons: Some users may find advanced features overwhelming
Pricing: $499 /mo per employee
Oyster HR, a cloud-based solution, simplifies global HR and payroll management for businesses of all sizes. With features spanning global payroll, automated onboarding, and real-time reporting, it ensures compliance and empowers businesses to manage their international workforce efficiently.
Oyster stands out with its global payroll and compliance capabilities, automated onboarding, a user-friendly employee self-service portal, and comprehensive HR management tools. Real-time reporting and analytics provide valuable workforce insights.
Businesses opt for Oyster HR for simplified global HR and payroll, reduced costs through automation, improved compliance, enhanced employee experience, and scalability to manage global teams effectively.
Verdict: Ideal for startups, ecommerce businesses, multinational corporations, and any business with international employees seeking to streamline HR processes, reduce costs, ensure compliance, and improve the employee experience.
6. Rippling
Rippling is an all-in-one HR and IT platform that automates employee data management, streamlining HR processes and ensuring compliance.
Key Features:
- Employee Onboarding and Offboarding
- IT Access and Security Management
- Payroll Integration
Ratings: 4.5/5
Pros:
- Unified HR and IT management
- Efficient onboarding processes
Cons: Pricing may be on the higher side for smaller businesses
Pricing: £7 /mo per employee
Rippling is a cloud-based platform that integrates HR, payroll, and IT management in a unified system, offering businesses a streamlined solution for administrative tasks and enhanced employee experience. With a user-friendly interface and robust features, Rippling is widely favored across businesses of all sizes.
Rippling’s standout features include unified HR, payroll, and IT management, automated workflows, employee self-service, global payroll and compliance support, and advanced security and compliance measures.
Businesses opt for Rippling for simplified HR and payroll management, increased efficiency through task automation, improved employee experience, reduced costs by consolidating software subscriptions, and scalability to accommodate business growth.
Verdict: Ideal for startups, ecommerce businesses, multinational corporations, and any business aiming to streamline HR and payroll processes, enhance employee engagement, ensure global compliance, save costs, and scale efficiently.
7. Deel
Deel is a global payroll and compliance platform, simplifying the process of hiring and paying international employees.
Key Features:
- Global Payroll Processing
- Compliance Tracking
- Contractor Management
Ratings: 4.7/5
Pros:
- Effortless global payroll
- Robust compliance tools
Cons: Limited customization for specific payroll needs
Pricing: $599 /mo per employee
Deel is a global payroll and compliance platform, offering businesses a streamlined solution to manage international talent effectively. With features like global payroll automation, simplified compliance management, and seamless onboarding, Deel stands out as a comprehensive platform for businesses of all sizes.
Deel emerges as a powerful platform, simplifying global employment and compliance. With its user-friendly design, comprehensive features, and expert support, Deel empowers businesses to scale efficiently, attract top talent, and achieve their growth goals.
Ideal for startups, ecommerce businesses, multinational corporations, and any business with international employees looking to build and manage a global remote team, expand internationally, reduce operational costs, focus on growth, and attract top talent.
Verdict: Businesses choose Deel for simplified global employment, reduced costs through automation, increased efficiency, access to diverse talent pools, and compliance assurance, providing peace of mind.
8. Globalization Partners
Globalization Partners is a global employment platform facilitating easy and compliant international hiring.
Key Features:
- International Payroll Processing
- Legal Compliance Management
- HR Support
Ratings: 4.2/5
Pros:
- Comprehensive global employment services
- Expert legal compliance
Cons: Pricing may be higher for smaller businesses
Pricing: Custom pricing based on services required and company size.
Globalization Partners excels in global talent acquisition, automated payroll and compliance, comprehensive benefits and insurance, visa and immigration support, and a suite of HR management tools.
Businesses choose Globalization Partners for its simplified global hiring, cost reduction, access to diverse talent pools, compliance assurance, and enhanced employee experience, making it a top choice for global workforce management.
Globalization Partners is a powerful platform, simplifying global employment with its comprehensive features, expert support, and global reach. It empowers businesses to unlock growth opportunities, build diverse teams, and achieve strategic goals in the global marketplace.
Verdict: Ideal for startups, ecommerce businesses, multinational corporations, and any business looking to build and manage a global remote team, expand internationally, improve operational efficiency, attract top talent, and ensure compliance.
Check out Globalization Partners here!
9. Foxhire
Foxhire is a recruitment and applicant tracking system designed to simplify the hiring process for businesses of all sizes.
Key Features:
- Job Posting and Applicant Tracking
- Interview Scheduling
- Collaborative Hiring Tools
Ratings: 4.7/5
Pros:
- Streamlined hiring process
- Collaborative tools
Cons: Limited customization for unique hiring workflows
Pricing: Subscription-based pricing with scalable plans for different company sizes.
FoxHire stands out as a comprehensive solution for streamlining back-office operations in contracting businesses. With a user-friendly interface, robust features, and dedicated customer support, it has become a popular choice for businesses of all sizes managing contractual workforces.
FoxHire excels in automated contract management, streamlined invoicing and payments, tax and compliance management, time tracking and reporting, and an employee self-service portal.
Businesses choose FoxHire for its streamlined back-office operations, improved efficiency and accuracy, enhanced compliance, increased transparency and visibility, and reduced costs, making it an excellent choice for managing contractual workforces.
Verdict: Ideal for staffing and recruitment agencies, consulting firms, media and entertainment companies, technology companies, and any business with independent contractors, FoxHire helps streamline contractor management processes for improved efficiency.
10. Horizons
Horizons is a project management software that empowers teams to collaborate, plan, and execute projects efficiently.
Key Features:
- Task Management and Collaboration
- Gantt Chart Planning
- Real-time Progress Tracking
Ratings: 4.3/5
Pros:
- Intuitive project management
- Real-time collaboration
Cons: May lack advanced features for complex project management needs.
Pricing: $299 /mo per employee
Horizons Software is a cloud-based platform revolutionizing contingent workforce management for businesses. With cutting-edge features, automation, and insightful analytics, it simplifies processes, optimizes talent management, and enhances overall efficiency.
Horizons excels in automated talent sourcing and onboarding, global workforce management, data-driven insights, collaboration tools, and scalability to meet diverse business needs.
Ideal for large corporations managing complex contingent workforces, small to medium-sized businesses streamlining talent management, professional services firms optimizing project management, recruitment agencies improving talent sourcing, and any business with a contingent workforce.
Verdict: Businesses opt for Horizons due to improved efficiency and productivity, reduced costs, enhanced visibility and control, improved compliance, and its scalability to adapt to changing business requirements.
FAQs
What is the Role of EOR?
The role of an Employer of Record (EOR) is to function as the official employer for a company’s workforce in different locations. EORs handle tasks like payroll management, ensuring tax compliance, and addressing various legal obligations. This setup allows businesses to expand globally and manage their employees without the complexities of navigating diverse local regulations.
EOR vs PEO – What is the Difference?
EOR takes on the primary responsibility as the legal employer, overseeing the entire employment process. On the other hand, a PEO acts as a co-employer, sharing specific employer responsibilities with the client company. In summary, EOR establishes a direct legal employment relationship, while a PEO involves a collaborative arrangement in employer responsibilities.
