Transitioning to Employer of Record (EOR) services typically begins with selecting the right EOR provider that meets your business needs and geographical requirements. After choosing a provider, the next step is to assess and transfer your existing workforce to the EOR. This involves reviewing and aligning employment contracts, setting up payroll, and ensuring that all employee benefits comply with local regulations. The EOR provider will handle the legal and administrative aspects, such as employee onboarding, contract management, and compliance with local labor laws.
Once the transition is underway, the EOR will manage all ongoing employment responsibilities, including payroll processing, tax compliance, benefits administration, and employee relations. The company remains involved in managing day-to-day operations and employee performance while the EOR focuses on regulatory compliance and administrative tasks. Regular communication between the company and the EOR is crucial to ensure a smooth transition and address any issues that may arise during the process.