An Employer of Record (EOR) is a service that allows businesses to hire employees in a new country without having to establish a legal entity.
An EOR acts as the employer for the new hire, handling all HR, payroll, tax, and compliance requirements on behalf of the business. This enables businesses to hire globally and effectively within their budget, while avoiding the legal and administrative complexities of establishing a legal entity in a new country.
The EOR serves as an intermediary or third-party organization that helps facilitate the employment relationship between the company and the worker
The EOR hires subcontractors or sets up their own local entities in countries around the world
The EOR legally becomes the employer of record while the company retains control over the employee's daily work responsibilities
The EOR provider handles payroll, taxes, and other compliance-related obligations
The company manages the employee's day-to-day work responsibilities, schedule and performance
The EOR partners with companies that provide benefits and perks for employees in different sectors: health insurance, pension, learning and development budgets, and more
There are many scenarios where your business could benefit from utilizing EOR.
By partnering with an Employer of Record (EOR) service like ALLSTARSIT, businesses can take advantage of a range of benefits. With ALLSTARSIT as your EOR partner, you can simplify your global hiring processes and stay compliant while you expand your business into new markets.
EOR services can help you expand globally by providing the necessary infrastructure to hire and manage employees in foreign countries, such as local legal entities and compliant employment contracts.
EOR services enable you to hire the best talent from anywhere in the world, without being limited by regulatory and tax complexities.
EOR services can help you reduce the costs associated with hiring and managing employees, as we provide economies of scale and handle tasks such as benefits administration and workers' compensation.
By taking over time-consuming administrative tasks such as HR and payroll, EOR services can free up your time and resources to focus on your core business activities.
With EOR services, you can ensure compliance with employment laws and regulations, as we handle payroll, taxes, and other administrative tasks.
EOR services can help you mitigate the risk of employee-related lawsuits and other legal disputes by ensuring compliance with employment laws and regulations, and handling employment-related administrative tasks.
The costs of SaaS platforms are often high, as they need to invest significant resources in building and maintaining their complex software infrastructure. Additionally, any additional services, such as obtaining visas for employees, may come with substantial extra costs.
ALLSTARSIT’s solution provides a cost-effective alternative that is 50% cheaper than the options offered by SaaS platforms. We do not impose additional fees for services such as visa fulfillment or other operational administrative tasks, making our solution even more affordable and accessible.
SaaS solutions are often designed to be self-service, but they lack direct support from providers, leaving users to navigate complex interfaces alone. This can lead to frustration and confusion, compounded by the faceless nature of the software platform.
ALLSTARSIT's human-oriented solution prioritizes direct engagement and personalized support. You will have access to real people who can provide tailored assistance and guidance. We believe in technology as a tool to facilitate human interaction, emphasizing a human touch in all aspects of our solution.
SaaS platforms typically provide limited EOR services, such as payrolling and compliance support. They often do not offer recruitment or talent management services, welfare benefits, or employee retention programs, leaving you to handle these aspects of your workforce on your own.
ALLSTARSIT offers a comprehensive suite of services beyond payment and compliance, including recruitment, talent management, employee retention programs, benefits administration, and more. Our customizable packages cater to your specific needs, providing the flexibility and control you need to succeed.
SaaS contracts can be rigid, limiting clients' ability to customize them with specific provisions such as intellectual property agreements, appendices, or non-disclosure agreements. This lack of flexibility can create challenges for clients who need to customize their contracts to align with their unique requirements.
ALLSTARSIT's EOR solution is highly flexible and customizable. Our contracts can be tailored to your specific needs, allowing you to add provisions such as intellectual property agreements, appendices or non-disclosure agreements. This level of flexibility ensures that you can create a contract that meets your specific needs and delivers the best possible outcomes for your organization.
SaaS EOR solutions may work well for small companies and startups hiring a few employees in multiple countries, but may not be sufficient for larger organizations or those requiring extensive support and resources as they scale their operations globally.
ALLSTARSIT’s scalable EOR solution is designed for larger companies and unicorns seeking to create teams in different parts of the world. We provide the necessary resources and support to ensure your team can grow and thrive globally, while also offering the flexibility to work from a dedicated office space or from the same country for a shared culture and work mindset.
With ALLSTARSIT, you get a human touch. We provide personalized support and assistance from our experienced team, instead of relying on a faceless software platform.
Our EOR solution is a more cost-effective option for businesses looking to expand globally, being 50% cheaper than SaaS platforms.
Our EOR solution goes beyond just payroll and compliance. We offer a full suite of services, including recruitment, retention, benefits administration, and more to help businesses expand their global workforce seamlessly.
Our EOR solution is customizable, which ensures that the terms, benefits, and perks included in the contract are tailored to meet the unique needs of both your company and the employee.