A shortcut for you to expand and grow
An EOR (Employer of Record) provides comprehensive HR solutions, handling payroll, benefits, and compliance for businesses, allowing them to focus on core operations.
What is an Employer of Record (EOR)?
An EOR acts as a third-party employer of record on behalf of their clients.
This means that all the global HR-related functions including payroll, tax, risk, management, employee placement, and retention are taken care of.
What makes us different?
In a market filled with global expansion options, what sets us apart is our deep belief that your people are your greatest asset. We are unique in that we’re a people-powered, human-focused organization. We believe that employee satisfaction should be at the very core of global expansion. Why? Because it’s not just about expansion; it’s about empowering the people who make that expansion possible.
Take your business to the next level
So, you’ve decided it’s the right time to take your business to the next level and expand into a new global market.
However, you soon find that complex and ever-changing employment law is a challenge, and that not keeping up with the latest relevant HR regulations and rules can be detrimental both financially and personally for your business.
Using an EOR removes the constant and increasing burden of HR-related functions that are required to successfully expand into the global market. It allows you to focus on the important things, safe in the knowledge that your global affairs are being handled, and that your overseas employees are happy with everything that they need.
Why your business should hire & expand globally
Access a larger talent pool
Expanding globally creates opportunities to tap into a diverse and extensive talent pool. By hiring internationally, companies can access skilled professionals from different cultures and backgrounds, bringing fresh perspectives, ideas, and expertise to their teams.
Increased market reach
Expanding globally allows companies to access new markets and customers. By establishing a presence in different countries, organizations can diversify their customer base, reduce dependence on a single market, and potentially increase revenue streams.
Competitive advantage
By expanding internationally, organizations can gain a first-mover advantage in new markets, adapt to emerging trends, and stay ahead of industry developments. It provides an opportunity to learn from different markets and implement best practices across the business.
Cost efficiency and scalability
Companies can set up operations in countries with lower labor costs or take advantage of tax incentives. Expanding allows businesses to scale their operations effectively, leveraging the economies of scale that comes with global growth.
Diversification of risk
By operating solely in one country, companies are exposed to risks associated with local economic conditions, regulatory changes, or political instability. Expanding globally helps mitigate these risks by diversifying operations.
Innovation and creativity
Hiring and expanding globally fosters a multicultural and inclusive work environment, which can lead to increased creativity. Different perspectives, experiences, and ideas from employees can spark innovation and growth.
Why should you outsource this function to Gibson Watts Global?
When expanding globally, navigating the complex landscape of international compliance can be overwhelming, diverting valuable time and resources away from what truly matters: your people.
Managing these requirements in-house is not only inefficient, but it also risks mismanaging your greatest asset. By outsourcing your EOR function to Gibson Watts Global, you’re investing in your people.
We shoulder the burdens of compliance, mitigating risks and ensuring you’re building the right teams for success. Our EOR service provides a single point of contact for employee inquiries and access to a third-party Employee Assistance Programme, demonstrating our dedication to their well-being. This allows you to focus on strategic growth, knowing your people are supported and your business is operating efficiently, ultimately driving increased productivity, profitability, and revenue.