An Employer of Record (EOR) is a third-party organization that assumes full legal responsibility for a company's workforce, handling essential employer-related tasks such as payroll, taxes, benefits administration, and compliance with labor laws and regulations. By enabling you to hire in different countries within days and without the need to set up costly foreign subsidiaries, an EOR ensures fully compliant global payroll
Essentially, the EOR acts as the official employer for administrative purposes, allowing the client company to maintain operational control over its employees' day-to-day activities
Aniday acts as a strategic partner for companies looking to expand their global workforce, handling the administrative burden of international employment so that companies can focus on their core business activities
Aniday becomes the official employer of record for the supported employees, assuming legal responsibility for them. We ensure compliance with local employment laws and regulations, including labor laws, tax regulations, and benefits requirements
Our Employer of Record Payroll services manage payroll processes, including calculating wages, tax withholdings, and deductions, and ensuring timely payment to employees
Our team will help you provide comprehensive benefits packages to employees, which include health insurance, retirement plans, and other perks, in accordance with local laws and industry standards in Vietnam, Indonesia, India, Singapore, etc
Using Aniday as your partner helps mitigate risks associated with employing contingent workers, including worker misclassification issues and compliance risks
We guarantee providing ongoing HR support and guidance to both the employer and employees, including assistance with employment-related issues, questions, and concerns
We handle terminations and offboarding with precision, ensuring all local laws and regulations are met, including notice periods, severance pay, and exit procedures
At Aniday, our Employer of Record (EOR) services guarantee a smooth and compliant onboarding process, seamlessly integrating new employees into the organization
Aniday's EOR services streamline payroll by managing wage calculations, payments, tax withholdings, and ensuring compliance with labor laws, providing accurate and timely workforce payments
Aniday's Employer of Record (EOR) services expertly manage international benefits by coordinating with local providers to ensure compliance with regulations and cultural norms
We serve as a single point of contact for all employment-related matters to ensure efficient international employment operations in Vietnam, India, Indonesia, Singapore, etc
Aniday's EOR services assume responsibility for legal compliance on your behalf. From employment contracts to tax withholding, we handle all aspects of compliance, mitigating the risk of costly penalties and legal disputes
Managing a global workforce across multiple jurisdictions requires intricate coordination and expertise. Aniday provides a centralized platform for workforce management, streamlining all HR-related matters so you can achieve greater efficiency and consistency in managing your international teams
Aniday's EOR service, together with our exceptional recruitment service, expands your talent pool by enabling rapid recruitment in new markets without the need to establish a local entity. This agility enhances the company's ability to attract and retain skilled professionals globally
By outsourcing HR functions to our EOR services, you can eliminate the need for costly legal and administrative infrastructure, thereby reducing overhead expenses and minimizing operational complexities
Aniday's EOR services serve a diverse range of stakeholders, including workers seeking international opportunities, companies expanding globally, and industries requiring compliant and efficient HR solutions for international workforce management:
Here's how we make it happen:
We handle enrollment, administration and communication with employees regarding benefits packages, including:
While EOR, PEOs and staffing agencies may offer some overlapping services, their primary focus and client base differ. EORs are specifically tailored for companies expanding internationally and require comprehensive support for managing global employment
eor-faq-table-aspect | Employer of Record
(EOR)
|
Professional Employer Organization
(PEO)
|
Staffing Agency |
---|---|---|---|
Legal Relationship | Acts as legal employer | Co-employment arrangement | Matches job seekers with companies |
Scope of Services | Comprehensive HR support | Full-service HR outsourcing | Focuses on recruitment and staffing |
International Operations | Facilitates global employment | May have international capabilities | Primarily operates domestically |
Employee Management | Manages payroll, benefits, compliance | Handles employee administration tasks | Matches candidates with job openings |
Client Focus | Companies expanding globally | Small to mid-sized businesses | Companies seeking workforce solutions |
Employment Duration | Can be short-term or long-term | Can be short-term or long-term | Varies based on job placement |
Employee Relationship | Direct relationship with EOR | Co-employed by PEO and client | Employed by staffing agency |
Purpose | Simplify international employment | Streamline HR management | Efficiently fill job vacancies |