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Ensure compliance with local employment laws and regulations with our expert assistance. Simplify the management of employment contracts, minimum wage, and terminations. Let us handle compliance matters while you focus on business growth.

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Instead of juggling multiple payments, let us handle the hard stuff, such as patrolling, taxes, pensions, benefits, and government fees. We ensure compliance with the latest regulations and best practices, freeing up your time.

Employer of Record (EOR) Form

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What an Employer of Record (EOR)?

An Employer of Record (EOR) is a superhero of sorts, with the power to manage the employment-related details for a worker or group of workers for your company.

  • From the overseeing of paying salaries, bonuses, and other forms of compensation, to withholding and paying taxes on behalf of workers at your company, an EOR takes care of all the payroll stress.
  • But that’s not all! They also provide benefits like health insurance, retirement plans, and legally compliant paid sick leave/compulsory paid time off, and ensure that all employment-related policies and procedures comply with local, state, and federal laws so you don’t have to.

They are the ultimate compliance champions!

In short, if it has anything to do with managing the onboarding, legal compliance and, other related HR efforts of your workers, you can bet an EOR has you covered. If you’re unsure where something fits into this category, just ask the EOR, because they know almost everything there is to know about managing workers like a pro!

Like a skilled wedding planner, the EOR is also responsible for managing any hiccups that may arise from the employment relationship.

For example, if your workers have any concerns about their pay or working conditions, the EOR will act as a mediator and address these issues promptly, just like how a wedding planner would quickly resolve any unexpected issues during the ceremony or reception.

After all, the last thing you want on your big day, or in the workplace, is for something to go wrong and create unnecessary stress! With the EOR on your side, you can relax and focus on the big picture, knowing that they will take care of the details.

Is TCWGlobal an Employer of Record (EOR)?

Yes, TCWGlobal is an Employer of Record (EOR)

Employer of Record vs PEO

Employer of Record (EOR) and Professional Employer Organization (PEO) are two types of partners that help businesses manage teams around the world. The main difference between EOR and PEO is that with EOR, the legal employer of the distributed workforce is the EOR, while with PEO, there is a co-employment arrangement with your company, your employee, and your PEO. Additionally, PEO requires you to have a local entity in the country, whereas with EOR, you can employ workers in other countries without owning an entity. Both EORs and PEOs handle HR tasks such as payroll, benefits, and tax deductions and reporting. If you have a local entity, PEO may be more affordable, but if not, EOR is significantly faster and more affordable.

 

What countries does TCWGlobal provide Employer of Record services in?

TCWGlobal provides Employer of Record services in over 150 countries worldwide. This includes popular business destinations like the United States, Canada, United Kingdom, Germany, Australia, Japan, and more. Additionally, TCWGlobal has a strong presence in emerging markets such as Hungary, China, India, Mexico, and New Zealand, among others. In short, TCWGlobal's Employer of Record services span across all major regions of the world, making it a truly global provider of workforce solutions.

What are the benefits of using TCWGlobals Employer of Record services?

An employer of record is a great tool for employers to use when it comes to payroll, compliance, and HR management. If you don’t want the hassles and heavy lifting that comes with understanding every little employment law, hiring or expanding an expensive HR department, or even the stress of hiring or terminating workers, then an employer of record is perfect for you. Every company big or small can benefit by using an employer of record.

How does an Employer of Recrd (EOR) handle liability and compliance?

Worker misclassification is a widespread issue that can have serious legal and financial consequences for businesses. Not to mention, it can lead to costly legal battles and damage to a company's reputation.

TCWGlobal helps businesses avoid compliance mistakes by providing tools and guidance on local employment laws, ensuring proper worker classification. Our platform makes compliance easy and empowers businesses to focus on growing their business.