How EOR can expand your business globally
An Employer of Record (EOR) is an HR outsourcing solution that can benefit your company with international recruitment. To set up personnel overseas, your company will not need to form a legal body under the EOR.
A service provider, such as Fulcrum, which is Pakistan’s biggest HR Outsourcing Company, would hire employees on your behalf, allowing you to hire people right away to conduct business operations. There are many benefits for CEOs looking to minimize cost and increase efficiency by hiring outsourcing services.
Employer Market Access Record
Time is a valuable commodity. You may drastically shorten the time it takes to join a market by eliminating the requirement to go via the usual procedure of forming a company. Less documentation and regulation may shorten the process from months to days.
Limit Payroll Burden
EORs may manage all aspects of employee payment, including benefits, payroll projections, filings, expenditure distributions, and employee integration and disintegration.
Employer Risk Mitigation Record
Creating a new business or branch at a different place might be risky. If your products or services do not appeal to the local market, you may be forced to leave the nation and suffer significant losses. Your business may take the plunge with EOR without committing a large sum of money.
Full Compliance and Outsourced Liability
A top recruitment agency like Fulcrum will guarantee that you follow all standards to the letter. Fulcrum will assist your company in staying current with ever-changing employment rules, ensuring that you never face fines for non-compliance.
Employer of Record will lower your hurdle they will bear the risk of employment-related legal matters. If your firm has a legal issue with recruiting or employment, Fulcrum is responsible for any legal consequences.
Are you ready to take your business to the next level? Fulcrum can help you get there. Fulcrum is Pakistan’s biggest HR outsourcing company.
Call us today at +9221 35302133 or visit our website fulcrum-pk.com to find out more.