When negotiating contracts with Employer of Record (EOR) providers, it's vital to fully understand the scope of services and associated fees. Companies should ensure all services, including payroll processing, benefits administration, and compliance management, are clearly defined in the contract to avoid hidden fees from services like employee onboarding or termination costs. A significant pitfall to avoid is the oversight of costs beyond per-employee charges. Some providers may not fully disclose that, in addition to their fees, companies must also cover employer taxes in the employee's jurisdiction, which can significantly increase overall costs. Unlike some providers, TCWGlobal emphasizes transparency in disclosing all potential costs upfront, helping companies manage their budget effectively without surprises. For a clear and comprehensive understanding of the total costs, including employer taxes, consider reaching out to TCWGlobal for a detailed quote.