Why Employer of Record is winning over entity setup
Discover how top companies are replacing slow, costly entity setups with agile, data-backed EOR strategies, so they can scale faster, stay compliant, and reduce overhead across 160+ countries.
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Our clients include SaaS, logistics, e-commerce companies across sectors that are looking to grow their business globally. Become one of them.
Report Summary
The end of entity setup: How modern CXOs leverage EORs for global hiring
As a global workforce management solution, Payoneer Workforce Management empowers companies to scale internationally without the cost, delay, or complexity of traditional entity setup. Drawing on exclusive data from the IEC Groupโs Global EOR Study 2025, this whitepaper reveals how modern organizations are using EOR platforms to drive efficient and compliant global growth.
EOR in, Entity setup out
Global hiring is accelerating, especially in fast-moving sectors like fintech and SaaS. Companies are bypassing entity setup and hiring directly with EORs helping manage local compliance challenges.
Facing the reality of global expansion in 2025
Some of the key insights youโll learn.
Inside the IEC Dynamic Mapโข
Ranking the worldโs top EOR providers
The IEC dynamic map showcases the top 25 EOR providers, selected from over 800 global players. Each provider was evaluated on key factors such as strategic vision, financial stability, customer satisfaction, global delivery capabilities, and employee experience, along with delivery model balance, market responsiveness, unique value proposition, scalability, and technology readiness.
This in-depth evaluation reflects our commitment to transparency and thought leadership. It strengthens the trust that global businesses place in us.
Why choose Payoneer Workforce Management?
Managing a global team shouldnโt mean dealing with complex systems, hidden costs, or compliance risks. We make global employment simple, transparent, and scalable.
160+
Countries
covered
100%
Transparency in
fee structure
70
Currencies
for payroll
24×5
Dedicated
support
Trusted by businesses worldwide
See what people are saying about Payoneer Workforce Management and how it helps them grow their businesses on the worldโs leading marketplaces.
Jon Santavy
Managing Partner, Simwell
Payoneer Workforce Management has been a game-changer for us, completely transforming the way we manage our global team. Payoneer Workforce Managementโs digital onboarding has made our international payments as easy as our domestic ones. Payroll management that used to take hours is now error-free and takes just a few minutes.
Lavinia Davison
Global Head of Talent & Operations, OpenSolar
Payoneer Workforce Management, has been a key partner in our international expansion. Their seamless onboarding process and compliance expertise have allowed us to focus on our core mission which is to accelerate the worldโs transition from fossil fuels to solar energy.
Brian Butcher
EVP, Corporate Development, PureRed
Payoneer Workforce Management made our team expansion possible, handling the complex onboarding and payroll processes across six different countries with ease. Their local expertise ensured our compliance, letting us focus on what we do bestโserving our clients.
Bret Michaelsen
Human Resources Director, VRP Consulting
Payoneer Workforce Managementโs solutions empowered us to scale our workforce globally with ease, ensuring timely payroll, compliance, and a seamless onboarding experienceโall on one powerful platform.
Shaik Mohammed Shabaz
Head of Human Resources & Administration, Microsense
Payoneer Workforce Management simplified our contractor engagement from start to finish. Their platform covered onboarding, payments, and compliance, making our expansion into new markets practically frictionless.
Disclaimer
- Skuad Pte Limited (a Payoneer group company) and its affiliates & subsidiaries provide EoR, AoR, and contractor management services.
- The information in this article/on this page is intended for marketing and informational purposes only and does not constitute legal, financial, tax, or professional advice in any context. Payoneer and Payoneer Workforce Management are not liable for the accuracy, or reliability of the information provided herein. Any opinions expressed are those of the individual author and may not reflect the views of Payoneer or Payoneer Workforce Management. All representations and warranties regarding the information presented are disclaimed. The information in this article/on this page reflects the details available at the time of publication. For the most up-to-date information, please consult a Payoneer Workforce Management representative or account executive.
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Disclaimer
Nothing herein should be construed as if Payoneer Inc. or its affiliates are soliciting or inviting any person outside the jurisdiction where it operates/is licensed to engage in payment services provided by Payoneer Inc. or its affiliates, unless permitted by applicable laws. Any products/services availability are subject to customerโs eligibility. Not all products/services are available in all jurisdictions in the same manner. Depending on your eligibility, you may be offered with the Corporate Purchasing Mastercard, issued by First Century Bank, N.A., under a license by Mastercardยฎ and provided to you by Payoneer Inc., or the Payoneer Business Premium Debit Mastercardยฎ, issued and provided from Ireland by Payoneer Europe Limited under a license by Mastercard. The Payoneer Business Premium Debit Mastercardยฎ cannot be used at merchants or ATMs in Hong Kong or for HKD payments. If you are located in the EEA, all Payoneer Services will be provided to you by Payoneer Europe Limited, trading as Payoneer and regulated by the Central Bank of Ireland.
The information in this document is intended to be of a general nature and does not constitute legal advice. While we have endeavored to ensure that the information is up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability or suitability of the information. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever incurred in connection with the information provided.
