Employers of Record (EOR) like Velocity Global help companies manage remote global teams and complete HR tasks like processing payroll, calculating taxes, creating employment contracts, employment law compliance, and employee benefits management.
Whether building a distributed team, expanding into new markets, or initiating an international merger, an EOR can simplify the process of building remote teams.
Here, we’ll look at how five Velocity Global alternatives — in no particular order — compare in terms of pricing, integrations, and quality of customer service.
Key takeaways:
- Working with an EOR can benefit businesses of all sizes.
- You can employ talent and expand your business globally with an EOR.
- It’s essential to compare EORs to find the one that meets your company’s unique needs.
Velocity Global
First, let’s take a brief look at Velocity Global. In the pro column, the company puts a premium on compliance, with in-country legal, HR, and payroll specialists utilizing their combined expertise to help mitigate the risk of legal problems.
Cons include the fact Velocity Global requires a 30-day notice for offboarding and lacks transparent pricing — requiring potential customers to reach out directly to obtain a quote.
Deel
One of the biggest pros for Deel is the number of plug-ins it offers to integrate with commonly used business applications like Slack.
The platform also includes features designed to reduce the time staff spend on human resources activities, from onboarding to running payroll.
While Deel connects businesses in over 150+ countries with a global network of compliance experts, its pricing — starting at $599 per month — may put it beyond the reach of companies with smaller budgets. Contractor pricing starts at $49 per person/month.
Remote
Like Deel, Remote’s pricing starts at $599 per employee/month and costs $29 per month for contractor management. The company also offers additional services, such as global recruiting and enhanced contractor management, for additional fees.
Remote’s featured offerings focus on AI tools meant to attract businesses that want to automate their processes.
There’s also a dedicated platform for managing and collaborating with freelancers and a Help Center Library that provides access to extensive resources on utilizing Remote’s platform.
Multiplier
Multiplier minimizes legal risks associated with global hiring by ensuring compliance with local labor laws throughout the employee lifecycle.
The company’s EOR services are slightly less expensive than some of its competitors, starting at $400 per employee/month and starting at $49 per contractor/month.
Additionally, payroll is managed through a centralized platform with the ability to pay employees in multiple currencies.
Oyster
Oyster puts integrations at the forefront of its service offerings. HR platforms like Zelt integrate with Oyster’s platform, simplifying the process of supporting and managing a workforce.
Similarly, integrations with software applications like Quickbooks can be paired with Oyster’s Employment Cost Calculator or Equity Assessment Tool to simplify the accounting process.
Pricing starts at $599 per person/month when billed annually and jumps to starting at $699 per person/month when billed monthly. There’s a 30-day free trial for making contractor payments, which costs $29 per person/month after that.
RemoFirst
Starting at $199 per person/month, RemoFirst is the most cost-effective solution for international hiring and HR management — perfect for startups and small businesses.
Contractor pricing starts at $25 per person/month. There’s also a free tier strictly for contractor management, which includes identity checks and contract generation.
RemoFirst offers exceptional customer support and dedicated account managers who help power a rapid onboarding process. Some businesses are able to hire and onboard employees in less than a day.
Choosing the Right Employer of Record for Your Business
Choosing the right EOR for your business depends on a variety of factors, including:
- Business size
- Technology needs
- Country coverage
- Pricing costs
Why Choose RemoFirst?
Our competitors offer a range of services, but we think it’s clear why RemoFirst stands out. With zero hidden fees, our transparent, low-cost pricing enables all customers to have:
- An expanded global reach with seamless operations in 180+ countries
- A user-friendly platform and intuitive interface
- Robust support with dedicated account managers
- Global equipment provisioning at no additional cost
- Global health plan access via RemoHealth
- Visa and work permit assistance
Interested in learning more about why you should choose RemoFirst for your EOR? Book a demo today to learn more.
