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EOR
EOR stands for Employer of Record.
EOR stands for Employer of Record. They act as the formal employer for companies that wish to hire individuals in other countries but do not want to create a business presence there. EOR’s manage the legalities behind hiring and employing individuals globally, including payroll and benefits, tax remittance, and local compliance. Using an EOR is an easy way to hire employees in multiple countries. An EOR is the actual legal employer of the company’s employees.
Related Glossaries
Payslip
The documentation attached to the paycheque that notes the gross salary.
Gross salary
The gross salary corresponds to the total payments received by the employee.
Relocation
Employers may require employees to relocate to another city or country as part of a job offer.
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