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Employer Of Record – What Is It And How Does It Work?

There is no doubt that the remote way of working is becoming more and more popular among both employers and employees. The employers are not limited by their local talent pool anymore and can expand internationally. And on the other hand, employees with the right talent can easily find jobs for international employers. Or start offering their services online as freelancers. All of that with the help of Employer of Record.

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But how can you onboard someone internationally without having an entity in a specific country? Or how can you get employment status in your own country, if your employer doesn’t have a local entity there?

And what happens if you want to work on several projects for clients, but there is no way to register as a freelancer where you live?

This is where the companies that offer the Employer of Record services come in to help. Platforms such as Native Teams can help companies hire and onboard their new employees, take care of human resources and payroll processing. 

And on the other hand, the Employer of Record (EOR) can help remote workers or freelancers get properly employed in their own country and sort out their work payments.

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What Is An Employer Of Record?

An Employer of Record is an organization that acts as the employer for tax purposes while the employee performs work at a different company. The Employer of Record takes over the traditional tasks as well as some responsibilities and liabilities.

An EOR also provides other companies with an efficient way of onboarding new employees in their new global markets, without the need for establishing a new entity in another country.

Hire Without An Entity With Employer Of Record Service

Nowadays, outsourcing is becoming more and more popular and the Employer of Record can drastically help the companies with their hiring and expanding process. Creating a new entity can be difficult and especially time-consuming for your business. Moreover, it can often even turn people off from expanding to other countries. So why not make global expansion easier with the help of some local experts?

Employer of Record service such as Native Teams provides an infrastructure for hiring new employees in international markets. This includes compliance, with all payroll processing and employment. That way the companies don’t need their own entity for expanding.

We will take care of payroll processing for your new employees, while your management team will stay on top of their day-to-day work. That way you will receive an extra workforce but without any risk.

Learn more about the countries where we have our own entities and offer the EOR service. Is the country where you want to expand to not on the list? Please contact us directly.

Become Properly Employed In Your Country With Native Teams

Have you found a new job that allows you to work remotely but your employer is from abroad without an entity in your country?

With the Native Teams Employer of Record service, you can easily get properly employed in your own country. You will get an official employment status with a contract that abides by your country’s laws and regulations. You will be able to set your own salary, pay social contributions such as health insurance or pension and have your taxes deducted. Furthermore, you will be employed in the same way as you would be if you would work for your local employer.

Read more about the Native Teams Employer of Record service for employees here.

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The Benefits Of Using Employer of Record Services For Freelancers

Flexible working hours, the freedom of choosing your own projects and clients and being able to work from anywhere. Being a freelancer sounds like a dream, right?

Freelancing is getting more and more popular. However, since it’s still such a new way of working, it is still not possible to register as a freelancer in many countries. 

With the Employer of Record, freelancers can become properly employed in their country. All while they keep on working on various projects online. 

Want to learn more about the perks of becoming properly employed with Native Teams? Check out 5 Reasons Why Freelancers Decide To Be Properly Employed With Native Teams.

Are you not working as a freelancer yet but you want to start with your own freelancing career? Check our blog post on How To Become A Freelancer In 2022.

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Our biggest mission here at Native Teams is to help remote workers be properly employed and help them receive their well-deserved payments. Furthermore, we also help companies hire their new talent without opening a new entity abroad.

We are proud to say that we are one of the largest payroll service providers for freelancers and remote workers based in the Balkan region.

Sign up today, explore our different packages and get familiar with what Native Teams is all about!

Native Teams
Native Teams is a platform that helps you with client invoicing, payments, and employment solutions for freelancers and employers with remote teams.

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