PEO Professional Employer Organization
A PEO, or “Professional Employer Organization”, manages your administrative services such as payroll, recruiting, benefits, etc.
It’s a bit like having your on-site HR department in a foreign country.
In France, a PEO is not able to hire employees.
EOR ‘Employer of record
The EOR ‘Employer of record’ is a company to which you turn to recruit talent because you do not have a legal entity in France. The EOR is the legal employer of the person who will work for you. The EOR takes care of all the administrative procedures, and hires the person you want.
Umbrella Company
Umbrella companies provide a payroll service. This service includes the management of salaries, timesheets and invoices. The company is also in charge of paying the salaries.
Wage Portage
In France, Umbrella companies and EOR are merged concepts, we talk here about Wage Portage.