Why EOR, Employer of Record, may be the solution for rapid scaling up in the Canadian Market
Summary
[2] As previously stated, these models of work attract and retain talent as well as open up the hiring pool, making them an excellent means of addressing staffing challenges. Two valuable outsourced options for expanding in the Canadian market are: EOR, or Employer of Record and PEO, which we covered separately in several articles in our PEO blog section>> Yet, hiring staff that are based in different countries opens up an entirely different can of worms; the headaches associated with pay, taxes, benefits, and other administrative issues. In this feature, we’ll cover the solution as an employer of record (EoR), which can act as a lawful entity on the behalf of a business located in another country. For example: • Overseas expansion urgency: are scaling to an international level or establishing operations in a foreign country urgent goals? One of our services offered is to act as an employer of record, so we know how important it is to form a partnership based on mutual respect, collaborative efforts, and ongoing communication.