Accelerate Your Business Growth with Employer of Record (EOR) Services

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Leverage innovative capabilities to manage a global workforce seamlessly

Expanding a business in other countries is always a challenging prospect that requires a lot of preparation. While this ambition feels very fulfilling, the execution is as challenging as it gets.

However, modern organizations are adapting to modern ways to enhance their success in other countries by availing Employer of Record services in India. NLB Services is one of the top Employer of Record Services solutions providers with more than 15 years of experience in the industry. NLB Services’ EOR Services in India give you the flexibility of expansion without bothering about the compliance and legal complexities of the location. Achieve the desired results through NLB’s market-leading workforce management solutions.

What is an Employer of Record (EOR)?

By Employer of Record (EOR) services, an organization helps businesses and organizations expand their operations internationally by recruiting and paying employees on behalf of another company. Remote EORs take complete responsibility for all formal employment tasks, including payroll processes, workforce management, compliance documentation, and more.

Using an Employer of Record (EOR) enables companies to legally and efficiently employ workers in other countries without having to set up a local entity or risk violating local employment laws.

How does it work?

An Employer of Record (EOR) is responsible for officially hiring employees in foreign countries on behalf of their clients. For instance, if your company is legally registered in the United States and you wish to employ someone in Portugal, you can engage an EOR to facilitate the process.

In this arrangement, the employer (client) retains control over day-to-day employee operations, including tasks, meetings, performance evaluations, and termination decisions. Meanwhile, the EOR handles the administrative complexities associated with managing a workforce in a different country.

The advantage of partnering with an EOR in India lies in avoiding the lengthy and intricate process of establishing a legal entity within the country. Instead, you can rely on the EOR’s expertise in local labor laws, work culture, and other relevant details for effectively managing remote Indian talent.

By utilizing global EOR companies, you gain access to a global pool of talent without the burden of navigating global employment intricacies. Best EOR companies like NLB Services make hiring across borders simple by handling all aspects of employment for you, including:

Compliance with local laws

Onboarding

Payroll

Time off management

Offboarding

Benefits of Employer of Record (EOR)

Effortless Market Entry

Skip local entity setup and hire fast.

Cost-Effective Expansion

Reduce HR burdens and compliance costs.

Simplified Compliance

Leverage EOR's local expertise for smooth operations.

Global Talent Acquisition

Access a wider pool of top talent globally.

Streamlined
HR

Outsource HR tasks and focus on core business.

Simplified Remote Workforce

Reduce stress of hiring and managing remote teams.

Swift
Onboarding

Benefit from dedicated EOR support for quicker onboarding

Our Employer of Record (EOR) Services

EOR service helps you navigate the complexity of local labor laws and regulations that include employee benefits, leaves, and statutory contributions. Ensuring regional compliance is important as it minimizes the risk of legal issues.
Managing the workforce is not an easy feat, with NLB’s EOR offering, you can relax as we ensure effortless management of the workforce. Assisting with recruitment and onboarding of new employees. Payroll management, employee contracts management, and documentation. Support and grievance management.
As employees are humans and can not operate like machines, NLB Services ensures that employees are well-trained and stay fit and updated for the job assigned. In fact, when a new task is generated, ensure to mobilize the right employee to do it.
With NLB Services’ EOR offerings, you do not have to worry about anything, our latest technology and AI-enabled tools give you easy access to manage reporting, analytics, tool and people integrations, and automation tools.
With its global presence and access, NLB Services helps organizations set up operations and hire employees in new countries by acting as the legal employer. Thus helping you expand your global presence and workforce.
We offer additional services to ease your hassles, like visa and permit assistance, risk management, and cultural sensitivity training to support your organization in the best way possible.

How to choose the right employer of record

Choosing the right EOR service or Employer of Record is a delicate decision that needs strategizing and informed decision-making. It comes down to the organization’s specific requirements that are fulfilled by an EOR Employer of Record organization.

The organization should check whether the EOR has a strong presence and experience in the regions where the client aims to hire employees and expand its operations. An EOR should have a track record and appropriate knowledge in maintaining compliance with local employment laws and regulations to ensure complete compliance. It is also imperative to check the proven track record of the client base that includes successful prominent businesses.

Assess the EOR’s technology infrastructure and whether it integrates well with the organization’s systems and existing tools for hassle-free operations.  A clear, transparent, and consistent communication channel to ensure quality support and challenge addressing so that the pressing issues can be resolved in no time, needs a responsive and knowledgeable support system.

Assess the EOR’s data security measures and their compliance with privacy regulations. This is an important aspect as the right security protocols should be in place to ensure the safety of sensitive information about your organization.

Why Choose NLB Services for employer of record

NLB Services is a prominent workplace solutions provider specializing in Employer of Record (EOR) services. At NLB, we are committed to transforming the talent landscape for our clients by providing EOR services to the clients. We have the regional expertise and resources to ensure that you get the best talent without worrying about compliance challenges. With the industry’s largest organic talent supplementation engine at hand, we bring speed, scalability, and quality across the board. Here is what you get when you work with NLB Services:

Dedicated HR Expertise

NLB Services has years of expertise to seamlessly resolve staffing challenges, bridging skill gaps with top candidates. For Employer of Record services, our dedicated team takes care of all hassles, ensuring optimal functionality.

Tailored Solutions for Your Business

NLB Services offers tailored solutions to cover all your business needs. Be it small or big, regardless of the post and industry, NLB Services has got you covered.

Excellence in HR Technology

NLB Services is equipped with the latest AI and technology to ensure that productivity and efficiency never get affected and employees are on their toes.

Work With a Leading HR Provider

NLB Services is a prominent workforce solutions provider, with industry expertise and resources, and tools. Our EOR service offering acts as a bridge to fulfill your global aspirations with minimum risk while also saving money.

Improved Cash Flow

Working with an EOR company can help you save money and enable you to focus on your core competencies while we focus on ensuring your staffing needs and employers in the country are taken care of.

FAQs

Here is an example to understand how EOR works: Company XYZ, based in the United States, plans to hire a software developer in Germany. Instead of navigating the complexities of German employment laws, tax regulations, and administrative processes, Company XYZ partners with an EOR like NLB Services. The EOR takes care of legal compliance, payroll, benefits, and other administrative tasks related to employing the software developer in Germany. Meanwhile, Company XYZ gains control over the developer’s day-to-day work and responsibilities.

Availing an EOR enables a quicker and simpler entry into a foreign market without getting into the complexities of labor laws and other legal compliances. An EOR will take care of them for you, wherein opening an entity will require a lot of paperwork and an understanding of related laws, culture, and compliance formalities.

The cost of EOR varies on multiple factors such as geography, service scope, employee count, salary and benefits, contract duration, administration services, etc

Though working with an EOR service provider can be a good option, it is also okay to look for alternatives that you can try to expand your global footprint. You can set up your own subsidiary, or use a Professional Employer Organization (PEO), avail an independent contract model, payroll service providers, etc. Remember, every option has its upsides and downsides, so it is always best to consider all the aspects before finalizing what works best for your organization.

Employers of Record (EORs) are widely used by various organizations to simplify their global hiring and expansion goals. EOR handles administrative tasks like payroll, compliance, and legal matters, allowing companies to focus on their core operations. EORs are especially beneficial for startups, small businesses, and companies planning to expand internationally.

EORs can add the right value to your business and maximize your Return On Investment (ROI). Assigning your HR compliance responsibilities to an EOR gives you access to valuable resources and prevents legal risk. You’ll have more time for higher-value activities without worrying about potential repercussions. It also enables potential cost savings on HR costs, compliance costs, recruitment, and onboarding expenses.

When it comes to availing PEO and EOR services, there are certain key differences that you must understand to know which function suits best for your organization.

A company can only use a PEO within a country in which it operates as an entity, while an EOR can operate outside the country where its client companies are tied to. Additionally, the company shares some legal exposure with a PEO that it does not share with an EOR. However, a PEO can be a more affordable option compared to EORs.

With a PEO, you enter into a co-employment relationship, which means the people you hire are your company’s employees. You are legally responsible for your employees, and the PEO is just there to support your HR functions such as managing biweekly payroll and employee health benefits.

On the other hand, when you engage with an EOR, the EOR is the legal employer of anyone you hire through them. Employees sign employment contracts with the EOR, not with your business. You still determine the employee’s wages and evaluate their performance, but since the EOR is the legal employer, you can work with anyone wherever the EOR has a business registration. Many EORs also offer HR services similar to PEOs.

If you need help managing payroll, taxes, and benefits within the country where your company operates, a PEO might be best for your company. However, if your company needs to employ workers in other countries, an EOR will be a better choice.


Read More : PEO vs EOR – Choosing the Right Partner for Your Remote Workforce