x

Employer of Record (EOR)

1

Initial Planning & Strategy Development

2

Office and IT SetUp

3

Talent Acquisition

4

HR Setup

6

Governance & Compliance

5

Transfer of the employees

1

Initial Planning & Strategy Development

2

Entity Incorporation and Business Licenses (Subsidiary)

6

Transfer of the Employees

Employer Of Record (EOR)

3

Office and IT SetUp

5

Governance & Compliance

4

Talent Acquisition & HR Setup

1

Initial Planning & Strategy Development

5

Transfer of the Employees

Employer Of Record (EOR)

2

Office and IT SetUp

4

Governance & Compliance

3

Talent Acquisition & HR Setup

Employer of Record (EOR)

Employer of Record (EOR) services provide companies with a strategic outsourcing solution to manage their workforce efficiently. By partnering with an EOR provider, companies can delegate employment responsibilities, ensuring compliance and reducing administrative burdens.

01

Assessment

Define the scope of EOR services required.

02

Contract Negotiation

⦁ Negotiate terms and conditions, including compliance requirements and service level agreements (SLAs).
⦁ Establish clear roles and responsibilities.
⦁ Finalize and sign the contract.

03

Transition and Setup

Develop a detailed transition plan for transferring employment-related tasks to the EOR provider.

04

Implementation

⦁ Secure office space and IT infrastructure.
⦁ Recruit local talent and set up a management team.
⦁ Manage payroll, benefits, tax compliance, and other HR functions.

05

Operation

⦁ Regularly review performance against SLAs and compliance requirements.
⦁ Address any issues or challenges promptly.

06

Governance and Review

⦁ Make necessary adjustments to the scope or terms of the contract.
⦁ Ensure continuous improvement and alignment with business goals.

Employer of Record (EOR)

Employer of Record (EOR) services provide companies with a strategic outsourcing solution to manage their workforce efficiently. By partnering with an EOR provider, companies can delegate employment responsibilities, ensuring compliance and reducing administrative burdens.

➥ Define the scope of EOR services required.
➥ Negotiate terms and conditions, including compliance requirements and service level agreements (SLAs).
➥ Establish clear roles and responsibilities.
➥ Finalize and sign the contract.

➥Develop a detailed transition plan for transferring employment-related tasks to the EOR provider.

➥ Secure office space and IT infrastructure.
➥ Recruit local talent and set up a management team.
➥ Manage payroll, benefits, tax compliance, and other HR functions.

➥ Regularly review performance against SLAs and compliance requirements.
➥ Address any issues or challenges promptly.

➥ Make necessary adjustments to the scope or terms of the contract.
➥ Ensure continuous improvement and alignment with business goals.

Advantages

Compliance and Risk Management

EOR providers ensure legal compliance with local labor laws, minimizing legal risks.

Cost Efficiency

Reduces administrative costs and leverages economies of scale for better benefits and services.

Scalability and Flexibility

Facilitates rapid workforce scaling and global expansion without setting up local entities.

Focus on Core Business

Frees up resources to concentrate on core business activities and growth.

Improved Employee Experience

Offers streamlined HR processes and better benefits packages.

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