Velocity Global is a rapidly growing EOR with a strong focus on technology. Its platform makes it easy for companies to manage their global workforce and comply with local regulations.
3. Arch Global Solutions
Arch Global Solutions is a Canadian-based EOR with a proven track record of success. It offers a full suite of HR solutions, including payroll, benefits, and compliance support.
4. Unlimited
ProUnlimited is an experienced EOR with a focus on providing high-quality customer service. It offers a flexible, scalable solution for companies looking to hire foreign workers.
5. Nixa
Nixa is a Canadian-based EOR that offers a comprehensive solution for companies looking to hire foreign workers. Its platform includes support for payroll, benefits, and compliance with local regulations.
6. Axiom Global
Axiom Global is a leading EOR with a strong focus on technology and innovation. Its platform includes support for payroll, benefits, and compliance with local regulations.
7. G&A Partners
G&A Partners is an experienced EOR that offers a full suite of HR solutions, including payroll, benefits, and compliance support. It has a strong reputation in the industry and a proven track record of success.
8. Crossover
Crossover is a rapidly growing EOR that offers a flexible, scalable solution for companies looking to hire foreign workers. Its platform includes support for payroll, benefits, and compliance with local regulations.
9. Shield GEO
Shield GEO is a leading EOR with a presence in over 140 countries. It offers a comprehensive solution for companies looking to hire foreign workers, including support for payroll, benefits, and compliance with local regulations.
10. BUZHUB
BUZHUB is a Canadian-based EOR that offers a full suite of HR solutions, including payroll, benefits, and compliance support. It has a strong reputation in the industry and a proven track record of success.
Employer of Record Companies in Canada
Conclusion
When comparing EOR companies in Canada, it’s essential to consider factors such as coverage, pricing, security, accuracy, support, success, currency, compliance, technology, and reputation. By considering these factors, companies can select the EOR that best fits their needs and helps them successfully expand their operations into new markets.
TOP 10 Employer of Record Companies in Canada
FAQ
1. What is an Employer of Record (EOR) company?
An Employer of Record (EOR) company is a third-party service provider that serves as the legal employer of workers on behalf of a client company. The EOR takes on responsibility for HR and employment-related matters, such as payroll, taxes, benefits, and compliance, while the client company retains control over the day-to-day work and direction of the employees.
2. What are the benefits of using an EOR service?
Using an EOR service can offer numerous benefits to companies looking to expand their workforce, including: 1. Reduced administrative burden and time spent on HR and employment-related tasks 2. Access to local expertise and knowledge of employment laws and regulations 3. Minimized risk and compliance exposure 4. Increased flexibility and agility to scale and adjust the workforce as needed 5. Improved ability to attract and retain top talent in foreign markets 6. Reduced costs and liability associated with establishing and maintaining a legal entity in a foreign country.
3. How does an EOR company help with compliance?
EOR companies typically have in-depth knowledge of local employment laws and regulations, and they work to ensure that their clients are compliant with all relevant requirements. They handle legal and regulatory compliance matters such as employment contracts, payroll taxes, social security contributions, benefits administration, and other employment-related matters. EOR companies may also provide legal support and advice to their clients to help them navigate complex compliance issues.
4. What countries do EOR companies operate in?
EOR companies can operate in a wide range of countries and regions around the world. The scope of their services may vary depending on the country, and some EOR companies specialize in specific regions or markets.
TOP 10 Employer of Record Companies in Canada
5. How does an EOR company handle payroll?
EOR companies handle payroll by managing the administrative processes related to paying employees, including calculating and processing wages, tracking hours, managing deductions and withholdings, and ensuring compliance with local tax laws and regulations. The EOR may also provide additional payroll-related services, such as direct deposit, expense reimbursements, and benefits administration.
6. How does an EOR company handle taxes?
EOR companies handle taxes by ensuring compliance with local tax laws and regulations, including payroll taxes and social security contributions. They may also provide tax-related advice and support to their clients.
7. How does an EOR company handle benefits?
EOR companies can handle benefits administration for their clients, which may include providing access to healthcare, retirement plans, and other employee benefits. They can also help ensure compliance with local regulations related to employee benefits.
8. How does an EOR company handle termination of employment?
EOR companies typically handle termination of employment on behalf of their clients, including managing the administrative processes related to ending employment contracts, providing notice to employees, and ensuring compliance with local laws and regulations.
9. What types of businesses can benefit from EOR services?
EOR services can benefit a wide range of businesses, including those looking to expand their workforce in foreign markets, those seeking to establish a presence in a new country, and those that want to outsource HR and employment-related tasks to focus on core business functions.
10. How much does it cost to use an EOR service?
The cost of using an EOR service can vary depending on the provider, the scope of services, and the location of the employees. EOR companies typically charge a fee per employee, which may include a fixed monthly fee or a percentage of the employee’s salary. Additional fees may apply for specific services, such as benefits administration or legal support. Companies should consider the total cost of using an EOR service in relation to the potential benefits and cost savings.
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