Guide
How to Prepare for a Successful Employer of Record Transfer [Checklist Included]
Employer of record
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Key takeaways
- Switching or consolidating EORs can help you gain a strategic advantage and streamline global expansion. However, the transfer process is complex and demanding, even with the support of a top provider.
- Following some best practices can help HR teams minimize delays, avoid costly errors, and maintain continuous compliance.
- EOR transfers have implications for employee benefits. Understanding the changes can help you prepare more effectively and ease workers through the transition.
Who will benefit from this guide?
As a multinational company, you may have enlisted a few EOR services to expand overseas and access a global talent pool. You’re satisfied with the business model as it allows you to focus on the day to day running of your company without worrying about HR compliance. What’s more, you can skip the time-consuming process of setting up an entity and quickly establish yourself in new markets.
Perhaps lately you’ve noticed that managing all the different providers has become so inefficient that it’s no longer sustainable. You might be looking for a single global EOR to consolidate operations and act as your long-term partner.
You may just have found that you’ve outgrown your current EOR partners and need a more comprehensive solution. Now you’re looking for a service that lets you manage payroll,benefits, and employment contracts for a global workforce.
However, something’s been holding your company back — you’ve heard the EOR transfers are challenging. You’d like to understand the process better before you take the leap.
While switching EOR switches can be complex and demanding, there are steps you can take to simplify the process and shield your company from risks. Our guide explores how you can best prepare for intricate tasks like collecting documents, transitioning employees, and transferring data. Discover how you can keep the switch simple with the help of providers like Deel and guarantee your decision pays off.
What's included
- A realistic look at what to expect from the Employer of Record (EOR) transfer process
- Your rights and responsibilities as the client company
- Tips to manage the project effectively, maintain business continuity, and help employees through the changes
- What a global EOR handles and the types of support they provide
