Debunking 6 Major EOR Myths

We constantly strive to find tools that make our everyday lives easier. But once we see something, we focus more on its negatives than positives.?

For instance, When?ChatGPT?was announced, many were astounded by its potential, but an equal amount of people focused on what it cannot do or termed it ‘misleading.’?

The employer of Record is no exception. Nothing provides a hassle-free hiring experience from anywhere like the EOR solution. However, plenty of rumors surround EOR, making it hard to separate fact from fiction.?

Some of the EOR myths that we wish to clarify are:?

High Risk of Compliance:

It is natural for any organization to be skeptical about trusting an external entity to handle such crucial processes. An ideal provider ensures complete transparency for organizations to assess and arrive at intelligent decisions.

A luxury that will only empty our pockets:

Here’s what is costly: Living in a fast-paced world as we do now. Instead, investing in the right place at the right time can prove otherwise.

Establishing an EOR is complicated:??

The primary goal of an EOR is to “simplify” your global hiring process. A capable EOR solution accommodates an organization’s vision to help achieve its goals more effectively.?

EOR? PEO? All the same:

PEO (Professional Employer Organization) acts only as a co-employer while the firm continues to perform its responsibilities. EOR provider acts as a legal employer by taking over most control and responsibilities.

EOR is used to hire only entry-level applicants:

Employer of Record is a discriminatory-free solution that hires per the client’s needs. It is not limited to being available for a specific role or responsibility.

EOR still instills a lack of control for organizations:

Although an Employer of Record takes up most liabilities, the organization only has the final say in all decisions.

Did we cover all the gossip that you heard about EOR???

Or?do?you still?need to decide?if you should be extending the hand of friendship? Talk to EOR’s loved ones today; after all,?who better can you approach than the people who spend?most of their?time with it??

Reach out to us today – we always?look forward to hearing from you!