Employer of Record services
Simplify Global Expansion with Our People-First Approach to EOR
Expanding your business globally doesn’t have to be a headache. With Peak PEO’s Employer of Record (EOR) services, you can hire talent anywhere in the world without the complexities of setting up local entities or navigating unfamiliar employment laws.
We understand that expanding your team overseas is a daunting prospect – but don’t worry, we are here to help. With our team of experts by your side, you can trust us to provide all the knowhow, guidance, and resources you need to grow your international workforce.
Peak PEO’s Employer of Record service enables you to expand your global workforce the right way – legally, compliantly, and efficiently.
WHAT EXACTLY IS AN
EMPLOYER OF RECORD?
An Employer of Record (EoR) is an in-country partner through which you can legally and compliantly employ people – enabling you to establish a workforce in countries where you don’t have your own legal entity. The EoR acts as the employee’s contractual employer, but the day-to-day management remains with your organisation.
The reality is that most companies don’t have the resources or expertise needed to establish an international workforce, and navigate all local legal and regulatory complexities. Instead, they rely on the expertise of an organisation such as Peak PEO to manage these requirements.
Peak PEO’s Employer of Record service enables you to legally and compliantly expand your global workforce without the need to establish an entity in country. Our core EoR offering covers all the aspects of employment – from onboarding to payroll, from locally compliant contracts to employee benefits, we take care of it all, so you don’t have to.
EOR VS SETTING UP YOUR Own Entity
When setting up international operations, many companies automatically assume they need to establish their own legal entity. While that might be the right choice for some, it’s often like using a sledgehammer to crack a nut – unnecessarily complex and expensive. Setting up your own entity typically involves months of paperwork, significant capital investment, and ongoing compliance headaches.
That’s where an Employer of Record comes in. Think of an EOR as your express lane to global expansion – you get all the benefits of having a local presence without the administrative burden and costly setup. You can start hiring within days instead of months, scale up or down as needed, and leave the complex compliance work to experts who do this day in, day out. Plus, if things don’t work out in a particular market, you’re not stuck with an expensive entity to wind down.
How does it work?
Our aim is to make your experience with us as seamless, stress-free, straightforward and simple as possible. Getting your global team up-and-running is only a few steps away.
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1. Let’s Talk
We want to get to know you and your specific business requirements. Compliance is key, so we’ll guide you every step of the way and make sure you’re aware of any other options or considerations you should know about.
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2. PROPOSALS & CONTRACTS
Once we understand your needs, we’ll send you a tailored proposal with a clear breakdown of our costs and the services you’ll receive. Once agreed, we’ll move on to contract signature and begin the onboarding process.
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3. ONBOARDING EMPLOYEES
Our Operations Team will get you set up on our employee portal, TeamHub, and help you get all the necessary information and documentation uploaded into the system.
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4. EMPLOYEE CONTRACTS
Once we have all the information we need, we’ll draw up locally compliant contracts for your employees. Once those are signed and returned, we are ready to complete the onboarding process.
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5. EMPLOYMENT BEGINS
Get ready to welcome onboard your new team member(s). Our team of experts will remain available to provide assistance and answer queries, but we’ll take a step back and leave you and your team to get on with your day job.
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6. PAYROLL CYCLE
Our processes make the monthly payroll process a hassle-free experience for you and your employees. With a clear schedule and detailed reporting, you can trust that all is in order and easily audited.
Remember, you’re in control of how we work together. We can take full responsibility for your global employment needs or provide specific support as required.
It’s all about what works best for you.
What we will do for your company
We take on all sorts of tasks to keep your team feeling happy and valued. We want to help you keep things running as smoothly as possible and here are a few ways we do just that:
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Onboarding & Offboarding
We’ll help your new team members from across the globe gear up to start their first day on the job, from contracts to payment details, we’ll make sure that they settle into your company. We also ensure a happy and easy departure when it’s time for a team member to move on.
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Employee benefits
We’ve got your employee benefits covered. We’ll help promote well-being and productivity in your international team to keep them feeling great and performing at their best. From social security to health insurance and pension schemes in countries across the globe, we handle it all without you having to so much as think about the local complexities involved.
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Severance packages
Need to sort out some severance packages but find you don’t have the time? We’ve got you covered on this as well. Our team will ensure the compensation and benefits will be settled once employment is over, so you and your employee can rest easy during their departure.
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Parental leave
Our team will make parental leave feel like a breeze. We’ll help your employees understand the process of parental leave as well as what they’re entitled to if it’s their first time. Don’t worry about any of the organising, our international HR team will handle it all to ensure a stress-free process, so you can focus on driving your company toward success while enabling your team members to focus on their growing families.
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Advice on cultural norms
There are so many different cultures and beliefs around the world, which makes it all the more important for bridging the gap between you and your international team. Our dedicated team will help you and your employees understand the differences in culture to help celebrate diversity and create a fun and inclusive workplace, so everyone can be their unique self.
