{"id":6791,"date":"2022-12-07T17:59:22","date_gmt":"2022-12-07T16:59:22","guid":{"rendered":"https:\/\/www.newtandem.com\/do-you-need-an-employer-of-record\/"},"modified":"2024-12-16T16:50:11","modified_gmt":"2024-12-16T15:50:11","slug":"do-you-need-an-employer-of-record","status":"publish","type":"post","link":"https:\/\/www.newtandem.com\/en\/do-you-need-an-employer-of-record\/","title":{"rendered":"Do you need an Employer of Record?"},"content":{"rendered":"\n

If you are aware of the tendencies<\/a> in the HR sector, you probably know the EOR concept as well. You will also be familiar with it if you want to expand your business internationally and be able to hire people abroad. In this post, we explain when do you need and Employer of Record<\/a><\/strong> to help your company grow.<\/p>\n\n\n\n

First of all, let’s briefly see what is an Employer of Record. It’s a company acting as a third entity in the relation between a business and that business’ employees abroad<\/strong>. In other words, an EOR is in charge of hiring<\/strong> and onboarding<\/strong> employees; of the payment of salaries<\/strong>; or of bureaucracy related with taxes<\/strong>.<\/p>\n\n\n\n

An Employer of Record takes care of the legal and HR side of your employees. So you can focus on managing their tasks and objectives.<\/p>\n\n\n\n

What are the functions of an Employer of Record?<\/h2>\n\n\n\n

You now know, more or less, what an Employer of Record does. But, which are the functions that an EOR company offers? And why might you need an Employer of Record in yours?<\/p>\n\n\n\n

Think, for instance, that your company is located in England or the United States. You want to hire employees living in Madrid or Barcelona. Nonetheless, your company doesn’t have a legal entity in Spain<\/strong>. In this case, you probably need an EOR. A company that will legally and contractually become the employer of your workers; but that will not intervene in the work relationship that you and your company have with the employees.<\/p>\n\n\n\n

The EOR becomes the legal representative of your workers<\/strong>. It also manages all the HR tasks related with them<\/strong>. Thus, you won’t have to worry about studying the Spanish work regulation; so you can save time and money<\/strong>. You can also save potential legal actions against your business due to the ignorance of our laws. An EOR is your best legal shield<\/strong>. A partner that lets you focus on your goals, while you can actually count on the best talent available in a foreign country.<\/p>\n\n\n\n

What should you have in mind if you need an EOR?<\/h2>\n\n\n\n

If you wish to hire internationally and you have decided to count on an EOR as a partner, you want to ask yourself the following questions. Once you answer them, you will know which are the best Employer of Record companies for your business.<\/p>\n\n\n\n