Sourcing Canada’s Tech Talent Without the High Cost of Contract or Freelance Developers and Engineers Through EOR / PEO specialists
Summary
An employer of record (EOR) organization can help companies benefit from a direct employer-employee relationship with the talent, while managing the burden of a new regulatory environment. Then again, there’s India which boasts the fastest-growing concentration of developers in the world and offers extremely competitive prices due to exchange rates. Despite this, with all of salaries, benefits, and paid sick days added together, there is still a major cost advantage to hiring Canadian talent in Canada. Due to these and many other complexities, companies turn to EOR, also known as Employer of Record, or alternately a full-service PEO acting in a similar capacity. Choosing a local partner with an excellent reputation and sound knowledge of Canada’s multi-lingual, multicultural landscape is key.