Short on time? Here is a super simple, super-speedy answer to the question “What is an Employer of Record.” (Bonus points if you can get through it in 2 minutes or less!)
Want the in-depth version? Read 'What is an EOR?' here.
What is an Employer of Record (EOR)?
Put simply, an Employer of Record exists to make your life easier. We serve as the legal employer for your independent contractors, temps, and freelancers (a.k.a. your contingent workforce) so that you don’t have to worry about administrative and legal details.
An Employer of Record handles everything from on-boarding and off-boarding, 1099s, W2s, compliance, payrolling, compensation, benefits… you name it.
A global Employer of Record can serve as the legal employer for your contingent workforce across international and state lines.
Check out this quick video explaining EOR basics:
Looking to save time, money, or stress? Whether you’re hiring overseas or in your neighborhood, TCWGlobal can handle all of your payrolling, compliance, and contingent workforce management needs! Learn more about our services here!
