A Quick Glance

Platform Name	Value Proposition
Deel	Hire talent from 150+ countries with end-to-end management from payroll to taxes.
Skuad	Recruit employees from 160+ nations and make seamless payments in 100+ currencies.
Multiplier	Hire employees in less than 24 hours from 150+ countries.
Omnipresent	Extend your workforce to 160+ countries with end-to-end compliance and risk mitigation.
Workflexi	Hire from a vast talent pool of 1,00,000+ skilled professionals from 5+ countries.
Remofirst	Build a global workforce in over 180 countries with same-day onboarding.
PapayaGlobal	Create a global team in 160+ nations with a dedicated EOR wallet for payouts.
Rippling	Enjoy automatic HR data sync with the payroll system when hiring your global workforce.
Oyster HR	Build an international remote workforce by hiring talent from 180+ countries.
Velocity Global	Industry-leading EOR services provider enabling you to recruit talent from 185 nations.

Employer of Record or EOR services are third-party companies that enable businesses to hire candidates on their behalf by acting as legal local employers. Such platforms come in handy when businesses hire talent in foreign countries.

These services can also be useful when a company is based in a nation where the employment and taxation requirements vary across states, such as the USA, Australia, and Canada. Under both circumstances, EOR services handle the legal and compliance obligations while the company retains a day-to-day relationship with the team members. 

This negates the need to set up multiple legal entities to employ a global workforce. Businesses also get a wide range of perks, like local expertise in the foreign nation’s compliance requirements, intellectual property (IP) protection, lower worker classification risks, on-time payroll processes, and lower overhead costs.

Thus, EOR services can be smart for companies planning to expand their operations globally. However, to achieve the desired results, knowing the best EOR services in 2024 is necessary.   

Top 10 Employer on Record Services in 2024 

The following are the best EOR services in 2024:

Deel

Deel is a leading EOR services platform that helps companies hire talent in over 150 countries. It provides end-to-end management for a business’s international team, handling everything from payroll to taxes and compliance solutions. 

The platform also comes with several calculators, enabling businesses to estimate the cost of hiring an international worker. They can also compare hiring costs in different nations and the benefits and withholdings required.        

Features:

• Facilitates multi-currency payouts
• Provides seamless integration with leading platforms like Google Workspace, Slack, Hubstaff, etc.
• The presence of integrated contract management functions that allow customisations like stock options, signing bonuses, and stipends

Pros:

• Offers a free version for businesses with up to 200 employees
• Provides 24/7 customer support and live chat

Cons:

• Choosing monthly payment packages can be more costly than annual payment packages.

Pricing: Starts at $499 per month

Skuad

Skuad is a multinational HR platform that provides HR compliance and EOR services in over 160 nations. It offers a wide range of services, such as employee onboarding, compliance, benefits management, cross-border payroll, and more. Additionally, it supports background verification, visa and immigration processes, and global payments in 100+ currencies. 

Furthermore, this platform offers a Global Hiring Toolkit that provides companies with all the necessary resources for adhering to international HR compliance.      

Features:

• Ensures compliance with country-specific tax regulations, employment laws, and benefits administration
• Enables companies to ship equipment to remote employees without logistics hassles seamlessly
• Simplifies onboarding by offering end-to-end solutions for the entire employee lifecycle

Pros:

• Automated payroll options facilitate payments to global teams with a single click
• Offers customisable off-boarding options in compliance with local regulations, including payroll adjustments and exit interviews

Cons:

• Customer support is on the slower side. 

Pricing: Starts at $19/contractor per month or $199/employee per month

Multiplier

Multiplier is a technology-first EOR platform offering global payroll and HR services in over 150 countries. It enables companies to remain compliant with the laws and regulations, thus reducing the exposure to legal and financial risks that usually come with hiring employees in different jurisdictions. 

This platform’s key services include payroll processing, benefits administration, worker’s compensation, and tax compliance. Additionally, a team of experts can provide companies with ongoing support and guidance.    

Features:

• Facilitates employee onboarding in less than 24 hours
• Provides customisable employee benefits packages
• Offer multi-country payroll support, enabling on-time payments to a global workforce in 120+ currencies

Pros:

• Availability of free demo
• Provides a centralised dashboard for employees to access their expense requests, leaves, bonuses, etc., with ease

Cons:

• Customer support can be a bit slow

Pricing: Starts from $40 per month for freelancers and $400 per month for employees

Omnipresent

Omnipresent is India’s leading EOR services platform, perfectly balancing automation and human expertise. It enables companies to extend their workforce to more than 160 countries without the hassles of setting up legal entities while providing end-to-end services ranging from risk mitigation to ensuring compliance. 

This enables the company to fully focus on achieving business growth. At the same time, the EOR partner keeps it safe from issues of non-adherence and law violations, which can potentially damage the organisation’s reputation.  

Features:

• Employee Cost Calculator Tool enables companies to get an accurate estimate of hiring an employee in a particular country
• Provides seamless access to HRIS that allows businesses to track and organise numerous reports related to employee data
• Offers customisable EOR services, including the drafting of pertinent contracts, which is a legal requirement when hiring in India 

Pros:

• Facilitates a wide range of employee benefits packages with relevance to the hiring country
• Offers highly advanced IP protection to safeguard the company from risks like theft and misuse of their content

Cons:

• Response time from the customer support team can be high at times 

Pricing: Starts at £499/employee per month 

Workflexi

Workflexi is a global platform where employers and professionals can connect, collaborate, and work together. It aims to be a one-stop solution for businesses to find the right talent and individuals to find flexible working opportunities. 

Companies can post job listings, review the profiles of various candidates, and select the ones that align with their requirements. Meanwhile, professionals can create profiles, showcase their work experience and skill sets, and choose jobs that match their schedules and interests. 

Features:

• Enables businesses to connect with professionals from over 5+ countries
• A vast talent pool of 1,00,000+ skilled professionals
• Comprehensive hiring assistance from the platform’s experts allows firms to find the right talent

Pros:

• No subscription fees or hidden charges, as the platform only charges companies for the work done
• Simplified global payments thanks to Workflexi’s virtual payment setup

Cons:

• No option to hire permanent employees

Pricing: Starts at €5.999 per year

Hear directly from the founder of Workflexi how our APIs have enabled their journey.

We wanted a payment process that is instant for our gig workers and couldn’t find a payment gateway that could do that for us. We also wanted companies to transfer money from their current account to the wallet, and with Decentro that’s possible.

Sandesh Kangod, Founder & CEO at Workflexi

Remofirst

Remofirst is an international EOR services provider that enables companies to hire talent from over 180 countries. It serves as a comprehensive payroll solution for both employees and contractors, enabling businesses to aggregate the payroll of their entire global workforce into a single payment. 

Apart from this, Remofirst allows companies to draft and manage offer letters, employment contracts, and other crucial documents required to hire and maintain their workforce.   

Features:

• Facilitates same-day onboarding for international employees
• Enables companies to pass audits and avoid misclassification risks by leveraging locally compliant contracts
• Keeps the company updated with the latest changes in regulations, ensuring that they remain compliant

Pros:

• Availability of 24/7 customer support for global employees and hiring managers
• Handles employees’ tax deductions and benefits

Cons:

• Lacks integration with platforms like QuickBooks and Slack

Pricing: Starts at $199/person per month

PapayaGlobal

PapayaGlobal is a leader among global EOR services, with a presence in more than 160 nations. It features a dedicated EOR wallet with bank-level security, facilitating automated payments in 100+ currencies. End-to-end payroll payouts are processed within 72 hours.  

This platform also has a team of country experts with detailed knowledge of the local tax laws and regulations, ensuring the business always remains compliant. Furthermore, PapayaGlobal offers a range of standalone solutions, like employee data management, data and analytics, supplemental benefits and immigration support.  

Features:

• Hassle-free visa process, immigration services, and work permits to cater to business needs
• Availability of global health plans covering the physical and mental health of employees
• Options to provide equity benefits to employees while remaining 100% compliant with the local laws  

Pros:

• Facilitates bulk onboarding of up to 1,000 employees in a single go
• Provides auto-generated country-specific contracts designed to comply with local regulations

Cons:

• Platform charges extra fees for global immigration services and BI analytics reports.

Pricing: Starts at $599/person per month

Rippling

Rippling offers the best-in-class EOR and global payroll services. Companies can leverage a unified platform that provides enterprise-grade security, operational efficiency and scalability, enabling them to perform payroll, reporting, time-tracking, and employee benefits from a single place.  

Moreover, it facilitates automatic HR data sync with the payroll system, requiring the business only to set the right payment periods, review and provide approval. Also, Rippling provides automated country-specific compliance training to EOR employees, reducing hassles on the business’s end.    

Features:

• Automated payroll system negates manual calculations and data entries
• Availability of local HR advisors for handling performance improvement plans, complaints, terminations, immigration, and all types of leaves
• Options to provide corporate cards to EOR employees in the form of branded physical and virtual cards

Pros:

• Enables companies to customise and automate every step of the hiring process
• Provides operational support to facilitate work authorisation with the local authorities

Cons:

• Platform has a steep learning curve

Pricing: Available on request

Oyster HR

Oyster HR is a multinational EOR service provider that handles payroll, onboarding, benefits, terminations, compliances, and more in 180+ countries. The platform also manages compliance requirements on the company’s behalf while maintaining IP protection via confidentiality and IP agreements. 

What’s more, businesses get free access to the Oyster Academy, which contains many useful resources that can guide enterprises new to building an international remote workforce.       

Features:

• Offers access to financial tools that help estimate the costs of hiring an international employee
• Services include an automated global hiring platform that provides compliant international employment contracts and compliance monitoring
• Presence of an end-to-end HRMS that allows companies to track and manage contract updates, employee attendance, benefits, time off, and more

Pros:

• Completes employee onboarding within 48 hours
• Availability of local expert assistance to navigate through complex labour laws, tax regulations and compliance requirements  

Cons:

• Lacks native time-tracking features

Pricing: Starts at USD 599/employee per month

Velocity Global

Velocity Global is an industry-leading EOR services provider that enables companies to hire talent from 185 countries. The platform also offers many features to support their clients’ global expansion. For instance, companies can leverage an international onboarding system that enables new employees to get legally hired by following all the local regulations. 

Furthermore, the multi-country payroll makes it easy to process payments in various currencies and takes care of aspects like taxation and compliance, enabling the company to focus on scaling its operations.     

Features:

• Offers customisable country-specific benefits packages, including pensions, healthcare and other perks
• Availability of immigration support services enabling EOR employees to get the required visa and work permits
• Seamless integration with tools like BambooHR, NetSuite, Oracle, ADP, and more

Pros:

• Plethora of reporting and analytics features that ease employee management
• 24/7 support for both companies and their employees

Cons:

• Invoicing process can be unnecessarily complicated.

Pricing: Available on request

Future Trends in EOR Services in India 

As per reports, the global EOR market is set to reach USD 3.74 billion by 2028, indicating a 12.07% CAGR. In India, the sheer growth of businesses relying on a remote global workforce is shooting up the demand for such platforms, creating ample prospects for the entry of new players. 

However, to ensure they can compete with the platforms already present in the market, they need to partner with a reliable payment solution provider to help facilitate super-fast transactions while adhering to all the regulatory compliances. 

Enter Decentro’s payment APIs. 

Leverage the Multi-Collect API to collect funds from both individuals and businesses through various online payment modes and reconcile the transactions via virtual accounts. Also, Decentro is a scalable ledger platform, that is fully customisable and enables you to maintain all your business transactions in one place. 

Furthermore, our APIs enable you to make instant payouts to any bank account or UPI ID, while our CKYC APIs allow you to maintain regulatory compliance while reducing overhead costs. 

What else can we do to take your EOR services business to the next level?

Let’s Connect

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Frequently Asked Questions