Expanding your workforce across borders in today’s globalized business landscape comes with its fair share of challenges, from mountains of paperwork to legal stumbling blocks and compliance nightmares.
However, Employers of Record (EORs) can make things easier.
These global platforms specialize in streamlining the hiring and management of employees all over the world.
EORs act as a link between your company and your global workforce, eliminating the need for you to establish a legal entity in each country where you have employees.
This allows you to focus on growing your business and attracting top talent from around the world without becoming bogged down by the complexities of local labor laws and regulations.
Top 3 Employer of Record Providers
The table below quickly compares the top three Employer of Record and global payroll providers that excel at recruiting global talent, managing local compliance, and processing payroll.
Some additional context and information can be found after the table as well.
Pricing
- RemoFirst: Starts at $199/person/month for EOR services and $25/contractor/month, with no minimum or fixed contract terms.
- Deel: Starts at $599/employee/month or $499/employee/month when paid annually for EOR services and $49 per contractor/month. Deel does also charge termination fees for EOR employees.
- Oyster: Starts at $699/per person per month or $599 when paid annually for EOR services and $29 per contractor/month.
Invoice & Payroll Management
- RemoFirst, Deel, and Oyster run payroll and manage contractor payments with built-in compliance.
- RemoFirst, Deel, and Oyster provide reports so you can understand spending at a glance.
- RemoFirst automatically calculates holidays, time off, bonuses, and commissions into payroll.
- RemoFirst gives clients the option to aggregate all invoices into one payment.
Payment options for Employers
- RemoFirst allows clients to fund their accounts in 5 different currencies.
- Deel allows their clients to fund their accounts in 23 different currencies.
- Oyster allows clients to fund their accounts in 3 different currencies.
Employee Benefits & Services
RemoFirst offers: Competitive global health insurance, financial benefits, and equipment to employees all over the world at no extra cost. The option to customize employment contracts in many countries. Employee background screening services to mitigate risks for employers.
Deel offers: Financial and health benefits to global employees. Equipment shipping to employees all over the world. Employee background screening services to mitigate risks for employers.
Oyster offers: A variety of health and financial benefit packages to global employees, ranging from statutory to localized and competitive benefits.
Customer Support
- RemoFirst has dedicated account managers for each client and the following support options: 24/5 live chat support, email/help desk, FAQs/forum.
- Deel offers dedicated managers for enterprise clients and the following support options: 24/7 live chat support, knowledge base, email/help desk, FAQs/forum.
- Oyster has a knowledge base, email/help desk, FAQs/forum.
Where are EOR Services Available?
- RemoFirst: 180+ countries
- Deel: 150+ countries
- Oyster: 180+ countries
Typical Clients
- RemoFirst: Startups, SMBs, Large enterprises
- Deel: Freelancers, Startups, SMBs, Large enterprises
- Oyster: Startups, SMBs, Large enterprises
How long is onboarding for new employees?
- RemoFirst: Same-day onboarding
- Deel: 2 days, on average
- Oyster: 1-2 days
Transparency, Great Customer Service, and Great Pricing With RemoFirst
RemoFirst distinguishes itself from other major players in the EOR space by focusing on not only providing exceptional service, but doing so in a transparent manner and at a price that allows you to get the most for your money.
Our differentiators:
- One of the most affordable providers on the market. Legally hire employees or contractors without navigating complicated local laws on your own or spending large amounts of money to compliantly file taxes, handle payroll, etc.
- No hidden fees. Most employer of record providers in the space have other fees not explicitly advertised. We operate at a fixed flat rate.
- We have unique priority partners located in 180+ countries. Our partners on average have been doing payroll for 20+ years and processed more than $500M+ in payroll!
