Professional employer organizations (PEOs) are one of the best secret weapons for businesses looking to expand. If your company is considering spreading its wings internationally, a Global PEO is a must. These organizations provide employee management services and administrative assistance to companies operating in a foreign jurisdiction. A Global PEO is essentially a legal entity and Employer of Record (EOR) for international employees. As the Employer of Record, the PEO is legally liable for the workers it employs in a foreign country. The good news is that you won’t have to deal with the messy details related to HR, payroll, tax, benefits, or talent issues.
Enlisting the help of a PEO is a faster, easier, less stressful way of hiring employees overseas.
And the best part — compliance and operational matters are taken care of, leaving you time to focus on your growing business.