PLAYING IN OTHER JURISDICTIONS- EMPLOYER OF RECORD SERVICE (EOR)

An Employer of Record (EOR), is a service that works with a specialised organisation supporting another organisation to expand into another jurisdiction by helping hire, onboard, manage and pay their employees within the chosen country. Employer of Record (EOR) services typically include tasks like payroll, benefits, HR and legal compliance with employment laws, and risk management. 

EOR service enables organisations to hire and manage employees in other jurisdictions right away, rather than taking time to go through operational requirements to set up shop. 

As an owner of an organisation that utilises these services, you still can manage and supervise your employees, but don’t have to handle the other tasks associated with them.

BENEFITS

COMPLIANCE AND RISK MITIGATION

You can have workers working for you within your organisation, but it is the employer of record that is actually responsible that you’re protected against worker misclassification risks. The employer of record having local expertise also ensures that the worker’s benefits are administered according to all applicable laws and that all taxes and insurance requirements are met. The liability for any failure falls largely upon the EOR who will indemnify you against any claims.

CORE FUNCTIONS

Employer of Record Service frees up your business, allows you to refocus on core business activities. You are liberated from time-consuming, labour-consuming tasks associated with all the compliance and risk mitigation. Precious time can be used to focus on business strategy development and execution. Such tedious labour related function like hiring, onboarding, salary negotiations, file management etc. will be handled by the EOR on your behalf, allowing you the freedom to focus on more important aspects of your business. 

EFFICIENT ONBOARDING AND TERMINATION

Employer of Record Organisations are expert organisation that have handled different employees over a period and therefore can handle employees on your behalf. EOR through their expertise will ensure timely delivery of talent to critical tasks without the additional steps and they work to continually be involved in onboarding that employee. The EOR also handles all terminations on your behalf absolving you of the damages associated with firing or improper termination.

MARKET TESTING 

An EOR affords you the opportunity to test the market and give you time to acclimatize to that system. You can also check to see if there is a demand for your products or services before any initial investment whatsoever. After gaining enough confidence, you can proceed to set up shop by registering your company.

For organisations like NGOs that are involved in short term project. EORS gives you the opportunity to work in the country without any stress handling all of your employee issues, payroll, onboarding, training etc.

GHANA HR SOLUTIONS PEO AND EMPLOYER OF RECORD SERVICE

We are excited about the New Year. We have a lot of specialized services designed to take the stress out of HR for our esteem partners.

The year of return put Ghana in the spotlight and many individuals and organisations resolved to come do business in Ghana. 

For those organisations and individuals looking to do some business in Ghana, our PEO and Employer of Record service is just designed for you. Make use of the wide array of talents here in Ghana without opening a legal entity here in Ghana, Ghana HR Solutions’ got you covered.

With this service we help you outsource your operations by entrusting Ghana HR with talent acquisition and talent management, freeing you up to focus on your core functions. Speak to us and let us provide you with full details on this special service.

https://www.ghanahrsolutions.com/ghana-hr-peo-and-employer-of-record-service/