EOR for IT and Tech Companies: A Game-Changer for Scaling Teams
Did you know that 72% of tech companies face compliance challenges when hiring internationally? As demand for top tech talent grows, companies must be agile and ready to scale. However, hiring skilled developers across borders presents legal, compliance, and operational hurdles. This is where an Employer of Record (EOR) solution becomes essential.
The Growing Need for EOR in Tech Hiring
Remote work has eliminated geographical barriers, allowing businesses to access global talent. However, international hiring comes with challenges such as:
A report by Globalization Partners states that setting up a legal entity in a new country costs $80,000 to $100,000 on average. EOR offers a cost-effective alternative, acting as the legal employer to ensure compliance while enabling seamless scaling.
Why Tech Companies Prefer EOR for Global Hiring
Faster Hiring – Instead of months setting up entities, an EOR onboards developers within days.
Cost-Efficiency– Save significantly on legal, compliance, and operational costs.
Compliance & Risk Mitigation – EOR ensures adherence to local laws and tax regulations.
Seamless Payroll & Benefits – EOR providers manage payroll and benefits administration.
Access to Global Talent – Expand hiring beyond borders without legal barriers.
What Sets Cognosin Pvt Ltd Apart?
At Cognosin Pvt. Ltd., we specialize in IT-focused EOR solutions, offering:
Faster Onboarding – Developers ready to work within 5-7 days.
Cost Savings – Reduce global hiring costs by up to 60%.
IT-Specific Expertise – Services tailored for software developers and engineers.
Full Compliance – 100% adherence to labor laws and payroll regulations.
The Future of Global Tech Hiring with EOR
As remote and hybrid work models grow, Employer of Record services will be crucial in global workforce management. Companies leveraging EOR will gain a competitive edge by accessing top talent while staying compliant and cost-efficient.
If you're looking to expand your IT team globally with ease, Cognosin Pvt. Ltd. is here to help. Let’s connect and explore how our EOR solutions can support your growth!
Visit us at: https://cognosin.com/ Get in touch: [email protected]