An employer of record (EOR) is a business that recruits and pays one or more full-time employees on behalf of another. EORs allow businesses to lawfully work with personnel in another nation without establishing a legal organization in that country.
An employer of record (EOR) is a worldwide employment services company who assists you in lawfully employing workers in other countries. Payroll, benefits, taxes, stock options, and local compliance are handled by your EOR, allowing you to focus on your team.
A Real-Life Case Study Of Our Employer of Record
Client Information:
Case study: Mr. Jabed Al Kazi
Business type: Travel Agency
Location: Banani, Dhaka, Bangladesh
Services: Employer of Record
Client Overview:
Mr. Jabed Al Kazi is a young entrepreneur who founded his own IT enterprise in Banani, Dhaka, Bangladesh. His goal was employee satisfaction for payroll, benefits, and taxes was not convenient, but the employer of record service was.
Initially, he began looking for a new employer of record service, but he was running out of time. Furthermore, he was aware that, due to his restricted resources, he could afford an employer of record service for considerably less than other services.
Therefore, he desired a contemporary record service employer. As a result, he believes that a safe, effective, and comfortable workplace may be provided for each employee.
Our Approach:
Mr. Kazi learned that one of his old pals had employed a hassle-free service known as an employer of record. They did some investigation and then got in touch with us.
He preferred the hassle-free current record service employer. It should be expected that every employee will work diligently, professionally, and with dedication to the job.
To assure the supplied facilities for employers of record service, a lengthy one-on-one chat was one of the prerequisites.
Value Delivered:
Employers of record could make time and financial savings. Instead of working lengthy hours on administrative tasks, employers may concentrate on business growth initiatives, and increased accuracy can help employers avoid expensive fines.
Additionally, organizations that offer full-service employer records and adaptable tools for hiring and managing employees might help to raise employer satisfaction.
However, he was able to explain the rules and legislation to us. Moreover, the paperwork and business taxes had previously been successfully finished.
Facilities he got from us:
- Permit companies to lawfully employ full-time workers from other nations
- Pay employees who are located abroad.
- Administering perks for international employees
- Controlling foreign contractors
- Distribute stock options to employees across international borders
Bottom Line
Your company can grow beyond its existing bounds with the help of an EOR. So you don’t have to worry about your business expansion, whether you’re looking to employ across state boundaries or across the ocean. We offer accurate and quick employer of record services. Our provider of Record services complies with requirements in a good way. Our goal is to keep our customers. We wish to help more people like Mr. Khan. Please reach out to our specialists if you want to work with us.
