Hiring, onboarding, and managing global team members can be challenging, especially for companies new to employing global talent. One way to simplify the process is by partnering with an Employer of Record (EOR).
EORs are companies that enable companies to hire in countries where they don’t have a local entity. The EOR manages the legal and administrative aspects of employing global hires, including compliance with local tax and employment laws.
Working with an EOR benefits companies of all sizes, including startups and established firms. However, while all EORs operate on similar business models, there are differences, and it’s essential to choose one that fits the specific needs of your business.
Here, we’ll compare the features of five EORs — including pricing, integrations, and customer service — so you can decide which best meets your company’s needs and goals.
Key takeaways:
- EORs simplify the hiring and management process for global teams.
- Alternatives to Multiplier include Deel, Oyster, Remote, Velocity Global, and RemoFirst.
- Pricing, product features, integration options, and global reach are all key factors to weigh when choosing an EOR.
Multiplier
Before we examine some of Multiplier’s competitors, let’s take a look at Multiplier.
Multiplier is a global employment platform designed to help businesses hire and manage employees and contractors, offering various services such as payroll processing, tax compliance, and HR support. The platform is known for its flexible plans and commitment to cost-effectiveness.
Multiplier offers integrations with some existing HR and accounting platforms, like Workday and BambooHR, and starts at $400 per employee/month and starts at $49 per contractor/month.
1. Deel
Deel operates in over 150 countries. Services include onboarding, global payroll processing, and contractor management. Deel also offers robust integration options with HR and payroll tools and a mobile app.
Pricing starts at $599 per employee/month and contractor pricing starts at $49 per person/month.
2. RemoFirst
RemoFirst enables companies to employ top talent in over 180 countries and features a full suite of options for companies expanding globally, including:
- Employee onboarding
- Global payroll
- Contractor management
- Visa and work permit application support
- Oversight of employee benefits, such as healthcare
Every client receives a dedicated customer service manager available to provide personalized support. Onboarding new employees is fast and efficient, often taking as little as 24 hours.
RemoFirst starts at $199 per employee/month and starts at $25 per month to pay contractors. There is also a free tier solely for contractor management.
3. Oyster
Oyster operates in 180+ countries and enables companies to employ, onboard, pay, and manage employees worldwide. Optional add-on services include global health benefits and support with visas and immigration applications.
The company also offers diverse API integration options for popular software like HiBob and Quickbooks and free calculators to help companies estimate their costs.
Pricing starts at $599 a month/employee when billed annually and $699 when billed monthly. Contractor pricing is free for the first 30 days, then $29 per contractor/month.
4. Remote
Remote enables hiring in 170+ countries, including employee onboarding and management and contractor payment, with a particular emphasis on compliance. Remote Watchtower is the company’s solution for navigating HR compliance complexities. The company offers several API integrations to existing HR platforms, like Gusto.
Remote starts at $599 per employee/month and costs $29 per month for contractor management. The company also offers additional services, such as payroll processing and global recruiting, for additional fees.
5. Velocity Global
Another option for managing remote teams is Velocity Global, available in 185+ countries and provides integrated hiring, onboarding, and payment for employees. Velocity Global does not include options for global contractor management.
The company incorporates API integrations for common HR platforms like BambooHR and Greenhouse.
Velocity Global’s pricing is not publicly available. Instead, interested employers must contact the company and book a demo.
Choosing the Right EOR for Your Business
When planning for global expansion, partnering with an EOR that meets or exceeds your business needs is essential.
Before deciding, consider the problems you’re trying to solve and which features will best address your business needs.
Pricing, product features, integration options, and global coverage are all key factors to weigh.
Why Choose RemoFirst?
With highly competitive transparent pricing and no hidden fees, RemoFirst is a good choice for companies watching their bottom lines, such as startups and small businesses.
The company also wins due to fast onboarding times. Customer satisfaction is also high thanks to dedicated customer service managers assigned to each client.
