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.
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