Introduction
Employers of Record (EoRs) are on the rise as businesses seek flexible and agile staffing solutions without the need to establish physical presences abroad.
An EoR is a service provider that engages an individual employee on behalf of a client, where the individual is based in a different country to the client. In this arrangement, the client engages with the EoR, who become the legal employers of the individual employee based abroad, while the client retains operational control of the employee.
There are benefits and potential risks associated with EoRs. While EoRs present optimistic opportunities for global talent, businesses should approach them with caution, seeking expert guidance to navigate the benefits and complexities.