Stellen Sie Mitarbeitende in über 160 Ländern ein und bezahlen Sie sie – ganz ohne lokale Unternehmensstruktur

An Employer of Record (EOR) is a third-party organization that legally employs a client’s international workforce without a local entity and compliantly manages employment aspects, including onboarding, payroll, taxes, benefits, HR, office space and equipment, work visas and permits, background checks, and offboarding.

An Employer of Record (EOR) offers a fast and compliant way to hire talent in new markets without establishing a local entity, helping businesses reduce time-to-hire, stay compliant with local laws, streamline payroll and benefits administration, mitigate risks, and keep internal teams focussed on core operations while the EOR manages end-to-end employment responsibilities.

No, they are not the same, an Employer of Record (EOR) assumes full responsibility for your international workforce and compliantly manages onboarding, payroll, taxes, benefits, and other employment functions without a local entity, whereas a Professional Employer Organization (PEO) co-employs workers and shares responsibilities for payroll and HR, but requires the client to have a local entity in the country.

An Employer of Record (EOR) legally hires employees on behalf of a client and manages onboarding, payroll, taxes, compliance, benefits, work visas, equipment, and more, while a payroll company is limited to processing salary payments and basic tax withholdings without taking on legal employer responsibilities.

Payoneer Workforce Management (WFM) offers EOR services in 160+ countries, and can therefore facilitate compliant onboarding of your foreign employees through Payoneer WFM’s local entities.

While setting up a local entity offers more control over operations, using an Employer of Record (EOR) is a faster, lower-risk way to enter new markets, especially when you’re testing a region, scaling quickly, or hiring a small team. An EOR allows you to hire and manage talent compliantly while reducing the complexity of setting up an entity and streamlining the time and cost.

The cost of an EOR primarily depends on the provider, followed by factors like the employee’s role, location, and salary, with most EORs charging either a flat monthly fee per employee or a percentage of the employee’s gross salary. For instance, Payoneer WFM starts at a monthly fee of $199 per employee.

Of course, you can, but doing so requires navigating complex legal, tax, and compliance processes, which can be time-consuming, expensive, and risky. Using an EOR only simplifies this process on your behalf, providing you with some peace of mind.

No, Payoneer WFM is not a staffing agency, but offers EOR services, meaning we legally employ your workforce and compliantly manage payroll, taxes, and benefits without a local entity whereas a staffing agency acts solely as your recruiting partner, helping you find suitable talent without taking any responsibility for employee management and compliance with local laws.

Yes, Payoneer WFM can conduct background checks and facilitate work permits or visas for your employees, but these services are included as part of our EOR offering and are not available separately.