The services of an Employer of Record, or simply EOR, have become increasingly popular. Such global employment services providers coming from the US market often refer to themselves as a Professional Employer Organization (PEO). Regardless of the name, these businesses offer their clients essentially the same services. Companies currently have the possibility choose from a large group of such service providers, which can assist in administering the personnel matters of their employees, including those recruited internationally.
In their marketing materials, EORs (and PEOs) emphasize that they can help entrepreneurs develop their business beyond the borders of their home country—without the need to set up new organizational units (branches or subsidiaries). They entice clients by touting such benefits as cost savings, reduced operational involvement and a reduced administrative burden, all of which are compelling reasons for companies to use their services.
What an EOR can provide
Services offered to clients by an EOR typically include (i) preparing and concluding a local law employment contract with the job candidate (meaning, both the law of the employee’s place of residence and of the place where the work will be performed), (ii) onboarding the new hire (the preparation, signing and filing of the employment contract and other necessary documents) as well as (iii) seeing to the day-to-day administrative handling of the employment relationship.
The client usually selects...
The United States alleges that from September 2015 through December 2020, St. Michael’s Eye & Laser Institute (St. Michael’s) and Dr. Michaelos caused the submission of false claims for transc...