Hiring employees can be a difficult process, especially when you’re looking for talent in a different country. There are many things to consider, such as the cost of relocation, taxes, and more. Considering international recruitment managers, global hiring companies, and PEOs/EORs and understanding which is the best option for your business? It depends on your needs and goals. But we believe that having more options is a good thing – it ensures that you can find a solution or service that fits your company perfectly. Let’s explore your options below!
A Professional Employer Organization (PEO) is an organization that manages the employment and human resources functions of its clients. An Employee of Record (EOR) can help your business manage payroll, benefits, HR administration, workers’ compensation insurance and more. This means less time spent on administrative tasks so you can focus on growing your business instead.
International recruitment managers are a great option for companies that want to find talent abroad without paying relocation costs upfront. PEO and EOR companies offer solutions such as payroll services and employee benefits packages at no additional cost; however, handing it over to a purely based agency which handle only PEO or EOR may not have the same level of expertise as global hiring firms when it comes to international law (especially if they’re based in another country).
But a professional organisation do have some advantages over standard global hiring companies. For example, PEO or EOR or BPO services they offer can be more flexible with their fee structures and are often able to accommodate smaller businesses that may not have the budget for a global hire. They also offer a wide range of services such as payroll processing, HR support, and employee benefits which can be helpful for businesses who don’t have the time or resources to manage these things on their own. So if you’re looking for an affordable option with a lot of flexibility, PEOs/EORs might be right for you! If you’re in the search of a more comprehensive solution that covers all aspects of global hiring, a global hiring company which offers a range of add-on services might be the best option for your business. A company such as ExroAsia offer a wide range of services such as finding and vetting candidates, relocation assistance, and more. They typically have experts in international law on staff, which can be helpful if you’re not familiar with the process of hiring employees in another country.