Frequently Asked Questions about our Employer of Record (EOR) Services

1. What is an Employer of Record (EOR) company? An Employer of Record (EOR) company, also known as a professional employer organization (PEO), is a third-party entity that takes on the employer responsibilities for a business’s employees, including payroll, taxes, benefits administration, HR compliance, and other related tasks.

2. How does EOR differ from traditional hiring? Unlike traditional hiring, where a company directly employs its workforce, EOR allows businesses to outsource employer responsibilities to a specialized organization. This enables companies to access global talent, expand into new markets quickly, and reduce administrative burdens and compliance risks associated with hiring employees abroad.

3. What services does The Advantage Global Group as an EOR company provide? We offer a range of services, including International Payroll Processing, Tax Withholding and Filing, HR Administration, Contractor Management, Immigrations Solutions, Mobility Management, Employee Benefits Management, Compliance with local labor laws and regulations, Onboarding and Offboarding assistance, and Risk Mitigation.

4. How can The Advantage Global Group as an EOR company benefit my business? Partnering with an EOR company can provide several benefits, including access to global talent pools, streamlined HR processes, cost savings on administrative tasks, compliance with local employment laws, reduced risk of legal issues, and flexibility to scale operations internationally.

5. Which industries do you specialize in? We specialize in serving various industries, including engineering, energy, oil and gas, maritime, aviation, finance, renewables, pharmaceuticals, IT, tech, life sciences, and healthcare. Our expertise allows us to cater to the unique needs and requirements of each sector.

6. Can you handle international hiring and compliance? Yes, our EOR services extend globally, enabling businesses to hire employees in different countries while ensuring compliance with local labor laws, tax regulations, and employment practices. We manage all aspects of international hiring and provide comprehensive support to facilitate smooth operations across borders.

7. How does the pricing structure for EOR services work? Our pricing structure is tailored to each client’s specific needs and requirements. Factors such as the number of employees, locations, services required, and duration of engagement influence the pricing. We offer transparent pricing models with no hidden fees, providing cost-effective solutions for businesses of all sizes.

8. What is the process for onboarding employees through your EOR services? The onboarding process typically involves gathering necessary employee information, such as personal details, employment contracts, tax forms, and other relevant documentation. Our team guides both employers and employees through the onboarding process, ensuring compliance with legal requirements and a smooth transition into the workforce.

9. How quickly can you set up EOR services for my business? We understand the importance of speed and efficiency in setting up EOR services. The timeline for implementation depends on various factors, including the complexity of the project, the number of employees, and the locations involved. Our goal is to expedite the setup process while maintaining accuracy and compliance with all regulations.

10. What level of support do you offer to clients using your EOR services? We provide dedicated support to our clients throughout their engagement with us. Our team of experts offers ongoing assistance with payroll processing, HR administration, compliance management, employee relations, and any other inquiries or challenges that arise. We strive to be a trusted partner in our clients’ success.