2. While 2020 ushered in a global pandemic that resulted in chaos the
world over, it also accelerated remote working and better workforce
management.
Studies prove that by skipping commutes, avoiding leisurely coffee breaks, and steering
clear of other distractions, productivity reigns supreme when working from wherever you
want, whenever you want. A study by Stanford found working remotely to increase
productivity by at least 13%.
3. With the rise of the “anytime, anywhere” work culture, it has become easier to hire talent globally
— talent that is the best fit for the company regardless of geographical boundaries. Global hiring
means a wider pool of talented applicants have the know-how and experience required for the job
AND local knowledge of their respective countries.
This is where Employer of Record (EOR), Professional Employer Organization (PEO) and
Digital Payroll Platforms prove to be trump cards for an organization’s global expansion.
5. Papaya Global
5 years industry experience, working in over 140
countries
Dedicated support staff from 9:00 a.m. to 6:00
p.m. during weekdays and comprehensive website
guides to help steer dashboards
Obtained unicorn status this year, valuation being
over $1 billion
Some of their clients include Microsoft, Intel,
Johnson & Johnson, Toyota and Sonder
Payroll — $20–100 per employe, per month
Global EOR — $770–1100 per employee, per
month
Contractor Management & IC Compliance —
From $25 per employee, per pay cycle
6. Deel
4 years industry experience, working in over 150
countries
Dedicated support staff from 9:00 a.m. to 6:00
p.m. during weekdays and comprehensive website
guides to help steer dashboards
Obtained unicorn status this year, valuation being
over $1 billion
Some of their clients include Microsoft, Intel,
Johnson & Johnson, Toyota and Sonder
$49 dollars per contractor, per month
$500 and above per employee, per month (they
run promotional offers for certain countries)
7. OysterHR
2 years industry experience, working in over 50
countries
24/7 dedicated support staff for all their clients
Some of their clients include tru.ID and Impala
Lite — Free of charge, with a few add-ons
Business — $399 or $699 per employee, per
month
Enterprise — Custom pricing, depending on
requirements
8. Apart from the ones mentioned above, there are also a few other globally
trusted EOR partners that are doing wonderful work for their clientele —
Skuad
A platform with a global infrastructure and unified employment structures
to build, pay and manage globally distributed teams in over 150 countries.
Velocity Global
Sheild GEO A platform that provides global employment solutions and helps
organizations focus on their core business objectives.
They provide end-to-end solution with premium services and unrivalled
expertise of 185+ countries.
9. With a comprehensive list of various EORs to choose from, organizations are
now powering through the new, and here to stay, remote workforce
management.
EORs enable businesses to play to their commercial strengths while
managing the various aspects of hiring, compliance, payroll, etc. at the back
end to substantiate global expansion.