What is a Employer of Record (EOR)?

An Employer of Record (EOR) is a third-party organization that assumes the legal employer status for a company’s workforce in a specific geographic location.

The EOR handles all employment-related responsibilities, including payroll, benefits, taxes, and compliance with local labor laws. By partnering with an EOR, businesses can efficiently expand into new markets without the complexities of establishing a local legal entity.

How Does an Employer of Record (EOR) Work?

An Employer of Record (EOR) acts as the legal employer for a company’s foreign workforce. For instance, a U.S.-based company seeking to hire employees in Saudi Arabia can engage an EOR to serve as the official employer.

The EOR assumes full responsibility for employment-related tasks such as payroll, benefits, taxes, and compliance with local labor laws. The client company retains control over the employee’s day-to-day work, including assignments, performance evaluations, and termination decisions.

How Vurke Processes Payroll as an EOR?

Vurke’s platform automates the calculation of employee hours, time off, holidays, bonuses, and commissions for global payroll processing. Clients are invoiced monthly in USD, EUR or GBP, while employees receive timely payments in their local currencies. To streamline financial operations, Vurke offers the option to consolidate payroll for the entire global team into a single payment.

EOR Compliance

How Vurke EOR Manages Liability and Compliance?

Incorrect worker classification can result in severe legal consequences, including substantial fines and imprisonment. Vurke mitigates these risks by ensuring strict adherence to local employment laws and regulations. Our comprehensive setup process safeguards against compliance breaches and potential litigation.

Our team of HR and legal experts maintains up-to-date knowledge of global employment regulations, enabling proactive compliance and risk management. By partnering with Vurke, clients can confidently navigate the complexities of international employment.

Hire employees worldwide with Vurke’s own entities

Vurke EOR Global
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How are clients supported?

Vurke provides each client with a dedicated account manager and offers 24/7 customer support for both hiring managers and global employees.
Our team facilitates real-time communication between employees and relevant stakeholders regarding payroll, benefits, visas, and other employment-related matters.

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Benefits of Vurke EOR

Benefits of using Vurke as your Employer of Record (EOR)

  • Accelerated Global Expansion: By outsourcing international HR functions to Vurke, businesses can expedite the hiring process significantly. Unlike the traditional method of establishing local entities, which can take months and costs over $100,000, Vurke’s EOR services enable companies to hire talent within days with minimal administrative burden.

  • Cost Optimization: Vurke offers a cost-effective solution for global expansion by assuming the financial responsibilities associated with setting up foreign entities, managing compliance, and engaging legal and accounting professionals. Additionally, Vurke’s EOR services eliminate the need for upfront investments in new markets before assessing market potential.

  • Enhanced Oversight and Compliance: For businesses expanding into multiple regions, managing employment compliance across various jurisdictions can be overwhelming. Vurke’s EOR services provide essential expertise and technological tools to monitor global workforce dynamics efficiently. By centralizing workforce data, companies gain greater visibility and control over their international operations.

Vurke’s Employer of Record (EOR)

Having 20+ years experience in the Employer of Record (EOR) service.

Growing globally can be complex, costly and time consuming.
  • You have to open a local business entity
  • You have to set up your bank accounts, VAT registrations and multiple compliance check points
  • Set up can take more than 6 months
  • It can cost $100,000 per country
  • It also required more than $50,000 in yearly payroll admin costs
Vurke removes hiring headaches and saves you hundreds of thousands in setup costs.
  • You do not need to set up a local business entity
  • Get set up within a week and hire right away
  • Save over $100,000 in set up costs
  • No ongoing payroll admin costs

Trusted by many, across the globe.