Employer of Record (EOR) services have become an essential solution for businesses looking to expand their teams and operations globally. With the rise of EOR software, companies can now easily manage global payroll, compliance, and benefits without the hassle of establishing local entities. Nearly 65% of multinational firms plan to employ EOR services for their international expansion goals in the next five years.

However, with hundreds of EOR providers in the market, how do you choose the right one for your company? Questions like “Which EOR provides the best services tailored to my company’s unique needs?” or “Which EOR offers the best value for money?” likely run through your mind. 

In this comprehensive guide, we’ll evaluate the top EOR services to help you choose the perfect fit for your company.

We’ll highlight their features, pricing, pros, and cons, so you can make an informed decision about what would meet your company’s needs effectively and economically.

What is Employer of Record Software?

At its core, EOR solution functions as a strategic partnership, empowering companies to hire and manage employees in countries lacking a legal entity. This partnership relieves the burden of establishing foreign subsidiaries, navigating intricate labor laws, and wrestling with localized tax regulations. 

An EOR software usually refers to EOR service providers who provide a SaaS platform to help employers automate contract generation, and simplify payroll, benefits and invoice processing. 

The EOR provider assumes the all legal liabilities of employing a foreign talent, meticulously handling crucial tasks like payroll processing, tax compliance, benefits administration, and adherence to local employment laws. The resultant advantage is a substantial saving of time, resources that might arise from a decentralized organizational structure.

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Quick Overview of the Top 10 EOR Software in 2024

Top 10 Employer of Record Software in 2024

1. Gloroots

Gloroots is an Employer of Record (EOR) platform designed to simplify global hiring and team management. It enables companies to build, manage, and pay a borderless, dynamic workforce with ease. The platform ensures compliance with local laws, provides transparent pricing, and delivers timely customer support.

Features

Global Hiring and Team Management:

• Simplifies the process of hiring and managing teams across borders.
• Ensures compliance with local employment laws during onboarding.

Accurate and Timely Payments:

• Guarantees timely payments for all employees, regardless of their location or contract type.
• Features one-click payroll for swift and secure global payments.

Transparent Pricing:

• Offers fixed pricing with no hidden fees.
• Provides clear insights into taxes and foreign exchange fees, ensuring cost-effectiveness.

24/7 Customer Support:

• Round-the-clock support to assist with any issues or transitions, ensuring clients are never alone.

Expert Global Compliance:

• Access to expert legal and compliance support to navigate complex global regulations securely.
• Protects the company’s reputation by ensuring compliance in all operational countries.

Tailored Benefits and Insurance:

• Offers customized insurance and benefits packages compliant with local laws, tailored to the needs of employees in different countries.

Customers

Gloroots is used by organizations such as Sketchnote, Asset Mantle, Suite, Price Labs, Oloid, and Fx polynomial.

Pricing

Gloroots offers transparent, simple, and affordable pricing for its services. Below are its pricing plans:

- Contractors: Starts from $29 per contractor per month

- Employees: Starts from $299 per employee per month. 

Reviews

Customers appreciate Gloroots’ comprehensive service simplifying global hiring and compliance management. One user highlighted the ease of onboarding international employees without needing to set up local entities, praising the platform for handling all compliance and payroll tasks efficiently. 

On the downside, some users have noted minor issues with Gloroots' customer support, mentioning occasional delays in resolving payroll and tax queries. The users mention that these don't happen often and don't significantly detract from the overall positive experience with the platform.

2. Deel

Deel is an EOR service that helps companies hire employees globally and handles employment-related responsibilities such as payroll, taxes, benefits, and compliance with local labor laws. In addition to EOR services, Deel offers other workforce management solutions like contractor management and payroll services serving companies at different growth stages.

Features

1. Ensures full compliance with local tax regulations and labor laws, mitigating legal risks.
2. Utilizes regional experts to navigate complex local requirements.
3. Enhances employee satisfaction with region-specific perks.

Customers

Deel’s customers include Shopify, Nike, and Cloudflare.

Pricing

• Deel’s pricing begins at $599 per employee per month.
• Contractor rates start at $49 per contractor per month.

Reviews

Deel's capacity to streamline the administration of remote workers and contractors has won accolades from users. Several customers have expressed frustration and dissatisfaction with the service due to their inability to get timely assistance from Deel's customer support staff.

3. Rippling

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The Rippling EOR software integrates Finance, HR, and IT administration capabilities into one comprehensive platform. Its EOR service allows companies to quickly and compliantly hire employees and contractors globally.

Features

1. Quickly onboard international contractors and employees.
2. Pay workers in their local currency without delays.
3. Automate global tax filing and compliance tasks.

Customers

Notable customers of Rippling include Proxy, Dwell, Superhuman, Expensify, and Checkr.

Pricing

Rippling charges $8 per month per user for its core HR services. For its EOR, Rippling offers custom pricing based on specific requirements and the number of employees.

Reviews

Customers value Rippling's all-in-one solution since it combines IT management, payroll, and HR seamlessly. Nevertheless, a few users have reported problems with Rippling's customer service as well as sporadic technical issues.

 4. Remote 

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Remote manages several employer-related tasks and obligations for a company's remote workers. This covers payroll processing, onboarding and offboarding procedures, benefits management, HR, legal compliance, risk management, and tax compliance and withholding.  

Features

1. Facilitates hiring and management of global teams.
2. Manages international payroll.
3. Ensures compliance with local employment laws.

Customers

Notable customers include Loom, GitLab, DoorDash, HelloFresh, Workato, Semrush, and Teamway. 

Pricing

Employer of Record: Starts at $599 per employee per month for annual plans. 

Reviews

Customers who manage remote teams have found Deel to be a reliable solution. However, there are delays in resolving payroll and tax-related issues that have led to frustration among certain users.

5. Papaya Global 

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Papaya Global offers a global EOR solution that allows you to hire, pay, and manage employees in over 160 countries. For the benefit of the client company, this means handling taxes, payroll, benefits, labor law compliance, and other HR-related duties.

Features

1. Advanced analytics for real-time insights into global workforce data.
2. Automated workflows for streamlined payroll processing and compliance management.
3. Flexible integrations with popular HR and finance systems.

Customers

Papaya Global serves over 1000 customers, including Microsoft, Toyota, Canva, Shopify, Vimeo, and Wix.

Pricing

The Enterprise Grade EOR starts from $599 per employee per month.

Reviews

Users across different industries have praised Papaya Global for its comprehensive approach to global workforce management. Delays in resolving payroll and compliance-related queries have led to frustration and dissatisfaction among certain users. 

6. Oyster HR

With Oyster HR, you can hire and manage international talent without the hassles of setting up separate divisions abroad. It provides businesses with the ability to tap into talent pools globally while maintaining operational control through its hybrid EOR approach.

Key Features

1. Scalable hiring and onboarding process.
2. Global payroll services with local currency support.
3. Integrated expense management and time-off tracking.

Customers

Oyster's clientele includes prominent companies such as Quora, Wagestream, Impala, and Grover, among others.

Pricing

1. Contractors: Starting at $29 per contractor per month.
2. Global Payroll: Starting at $50 per employee per month.
3. Employees: Starting at $499 per employee per month.
4. Customized pricing available for bulk hiring through the Scale Plan.

Reviews

Customers have praised Oyster for its valuable features, compliance support, and personalized assistance in global hiring and payroll management. However, some users have noted limitations in analytics and reporting capabilities, along with slower support turnaround times.

7. Multiplier 

Multiplier provides EOR services in over 150 countries, handling payroll, taxes, compliance, and other HR functions for companies employing overseas workers. It offers a global employment platform that enables businesses to hire and manage teams internationally without setting up local entities.

Features:

1. Handles employee benefits.
2. Manages tax-related matters.
3. Provides strategic HR support and consulting.

Customers

Its customer base includes prominent names like Amazon, Uber, Revolve, Rare Beauty, and PwC.

Pricing

1. Hire employees: Starts from $400 per month
2. Pay freelancers: Starts from $40 per month

Reviews

Customers who have utilized services from Multiplier EOR have experienced significant benefits beyond basic administrative support. While few customers have encountered challenges with certain services provided by Multiplier EOR. 

8. Globalization Partners 

Globalization Partners offers a global EOR platform for managing the entire employment lifecycle of international employees, from hiring to onboarding, payroll, and other HR functions. Globalization Partners has international coverage in over 180 countries.

Features

1. International recruiting and hiring
2. Various payment methods are supported, including crypto and Venmo
3. Provides comprehensive benefits packages
4. In-platform employment contract generator
5. Time and expense management tools

Customers

Globalization Partners handles global payroll for companies like Distek, Udemo, Zoom, and Neurala. 

Pricing

Pricing details are not available on their website. However, you can request a quote from them.

Reviews

Users who have partnered with Globalization Partners have experienced significant benefits in their international expansion efforts. Customers face issues such as communication gaps, delays in response times, or occasional errors in payroll processing have led to frustration and dissatisfaction among certain users.

9. Plane 

Plane’s EOR platform allows businesses to hire employees in over 100 countries without setting up local entities.

Features

1. Streamlines expense management for global teams
2. Ensures compliance with local labor laws and regulations
3. Takes care of international tax obligations

Customers

Customers of Plane include Draft.dev, PadSplit, AngelList, Wren, DADJ, InEvent, Pipekit, Northwest Computing, Formsort etc.

Pricing

The pricing starts from $499 a month per employee.

Reviews

Customers using Plane EOR services have generally found them to be reliable and efficient in handling administrative tasks related to global workforce management. While, some customers have reported issues such as occasional delays in response from customer support, which can be frustrating when urgent matters arise. 

10. Velocity Global

Velocity Global oversees a range of HR tasks for the client organization, including benefits administration, tax compliance, payroll processing, and regulatory compliance.

Features

1. Offers support and consulting for HR strategy
2. Ensures adherence to local labor laws and regulations
3. Takes care of tax filings and compliance

Customers

It includes customers like Databricks and Penguin Random House, benefits through partnerships with Upflex, and integrations with HR technologies like Greenhouse, HiBob, and Namely.

Pricing

Velocity Global does not provide public pricing. You can consult with their experts by submitting their form.

Reviews

Customers utilizing Velocity Global's EOR services have praised the platform for its seamless handling of global workforce management. Some mentioned that few improvements in areas like responsiveness and tailored HR solutions would enhance the overall customer experience.

What to Consider When Choosing EOR Software

1. Geographic Coverage

Geographic coverage is essential when selecting an EOR, as they should provide support in multiple countries where you plan to hire employees. A global PEO or EOR with expertise in your target regions ensures compliance with local laws, mitigates risks, manages regulations, resolves disputes, and aids in recruitment processes effectively.

3. Experience in assisting similar companies

When selecting an EOR for international expansion, ensure they offer comprehensive services covering payroll, compliance, benefits, and HR administration. The breadth and depth of their service offerings should align with your company's needs and goals for global growth.

3. Responsiveness of customer support

When dealing with employment-related matters across multiple countries, having access to responsive and knowledgeable customer support is crucial. Your EOR provider should offer multiple support channels, such as phone, email, chat, and a comprehensive knowledge base, to ensure you can get your queries addressed promptly.

Evaluate the provider's stated response times for different support channels and inquire about their average resolution times for common issues. It's also worth checking if they offer 24/7 support or have dedicated support teams for different regions to accommodate your global operations.

4. Risk Transfer and Liability Protection

Make sure the EOR handles all financial and legal responsibilities, like liability insurance and worker's compensation, to protect your business from risks and legal issues, safeguarding your finances and reputation.

5. Legal and compliance expertise

Ensure the EOR understands local tax, employment laws, and compliance. Check their expertise in complex employment areas like payroll taxes and benefits. They should stay updated on regulations to ensure ongoing global compliance without extensive internal research.

6. Reputation and track record

Case studies offer insights into how an EOR addresses challenges, demonstrating their versatility across industries and scenarios through diverse success stories.Understanding an EOR's reputation and track record is crucial. Case studies showcase their adaptability across industries. It's also helpful to read client reviews or testimonials for firsthand experiences, gauging their reliability and supportiveness in real-world scenarios.

7. Plans and Pricing

EOR service providers commonly charge a flat fee per employee or a percentage of each employee’s salary. Having a clear view of these costs and assessing them for your organization’s growth stage can help you choose the right partner based on value, not just price.

Mistakes Companies Commit When Selecting EOR Software

1. Insufficient research and due diligence

One common mistake businesses make is not thoroughly researching an EOR software provider's capabilities, partnerships, reputation, and compliance record before partnering. To avoid this, businesses should compare multiple providers, read reviews, verify compliance certifications, and make certain relevant industry and geographic experience.

2. Disregarding compliance and regulatory standards

Compliance with labor laws and tax regulations is complex and ever-changing, especially globally. Businesses often wrongly conclude that their EOR handles all compliance, leading to legal risks.

To alleviate this, businesses should inquire about the provider's processes for monitoring and adapting to regulatory changes, as well as their mechanisms for ensuring data privacy and security. They should also seek clarity on compliance responsibilities that lie on them.

3. Neglecting cultural and HR variations

Global businesses often rely on EORs for managing employees across regions but ignoring cultural and HR differences can cause communication barriers. To prevent this, companies should prioritize EOR providers that demonstrate a deep understanding of local cultural and HR nuances. Evaluate their expertise in navigating the intricacies of different employment landscapes, including regional variations in labor laws, benefits expectations, and communication styles.

4. Prioritizing cost savings over other factors

While cost savings are a significant benefit of EOR services, focusing solely on cutting costs can lead to subpar services and hidden fees. Instead, businesses should prioritize value by assessing the provider's track record and industry experience, service offerings, technology, customer support, and scalability.

5. Overlooking employee experience and engagement

Employees are the backbone of any organization, and their level of satisfaction directly influences productivity, retention, and overall business success.

When evaluating EOR providers, consider how their services and processes will affect your employees' day-to-day experiences. A subpar or impersonal experience can lead to disengagement, low morale, and ultimately, higher turnover rates.

. To avoid this pitfall, prioritize EOR services that offer a positive employee experience through seamless onboarding, access to benefits, and ongoing training and support.

Chart Your Global Success with the Right Employer of Record Software

Choosing an EOR is a pivotal decision that can significantly impact your organization’s ability to succeed in the global marketplace.

With Gloroots employer of record (EOR) software, you can seamlessly onboard, pay, and manage a globally distributed workforce, while ensuring compliance with local laws and regulations across over 140 countries. 

‍Book a demo today and see how Gloroots EOR can elevate your global success!