Advantages Of Using EOR

 

What Are The Main Challenges Of Hiring Overseas Without An EOR Solution?

• It’s time consuming
• There’s a fair amount of work require for legal entity setup, daily HR activities, etc
• It’s expensive
• Hidden pitfalls exist that can be costly, problematic and bandwidth consuming
• You will need to source local professionals for your legal, HR and tax needs
• Your HR team will need to fully understand and keep abreast of local manpower compliance laws employer of record (EOR)

Advantages Of Using EOR

• Hire employees without setting up a legal entity in a foreign country
• Compliance : HR laws in foreign countries are complex, which is why companies often find it easier and safer to let an EOR provider take over and attend to these matters
• Save time and money : due to complex HR laws, hiring and managing staff overseas is time-consuming and therefore expensive. Nebula360 as an EOR provider provides quicker, better, and cheaper solutions vs doing it yourself in-house.
• Focus on your core business : using an EOR solution eliminates the tediousness of hiring and managing employees, allowing companies to focus on what really matters.