Top 10 Employer of Record (EOR) Service Providers in 2024

In 2024, the complexities of global business have made Employer of Record (EOR) services more necessary than ever before. Navigating global employment laws, tax regulations, and compliance requirements can be a massive undertaking for any organization. That's where EOR services come to the rescue. These specialized platforms handle everything from payroll to benefits, taking the heavy administrative burden off your shoulders. 

Whether you’re a startup aiming to make an impact in global markets or an established company looking to optimize your global workforce, selecting the right EOR service is critical. Below, you'll discover the Top 10 EOR service providers of 2024, helping you pinpoint the best option to drive your global hiring and expansion plans seamlessly.

1. Skuad

If you're on the hunt for an EOR service provider in 2024, Skuad should undoubtedly be at the top of your list, and here’s why. As the leading Employer of Record (EOR) platform that has revolutionized the way organizations manage their global talent pool–Skuad enables organizations to seamlessly hire full-time employees and contractors in over 160 countries—no need for establishing costly subsidiaries or complex legal entities. This global employment and payroll platform offers a simple and seamless solution for onboarding talent, managing payroll, and ensuring compliance with country-specific employment laws and tax regulations.

Skuad understands the complexities of global HR administration and offers a complete end-to-end solution for the entire employment lifecycle. Skuad ensures that your business operates compliantly from onboarding to exit interviews while minimizing administrative hassle. 

What sets Skuad apart is its holistic approach to human resource management. Rather than focusing solely on one aspect like payroll or benefits, Skuad provides a comprehensive suite of services, allowing you to manage a distributed workforce confidently. Time, effort, and money are conserved, leaving you free to focus on your core business objectives.

Core Capabilities

• Global Reach: Skuad operates in 160+ countries, offering unparalleled reach for businesses looking to expand globally.
• Compliant Onboarding: Enjoy hassle-free, compliant onboarding for employees in any of these countries, complete with locally compliant contracts and document collection.
• Integrated Payroll: One dashboard to manage payments for both contractors and employees, including taxes, deductions, and payslips.
• Optimal Exchange Rates: Make cross-border payments with optimal exchange rates and zero hidden fees.
• Local Compliance: Skuad ensures you’re always in line with local employment laws and tax requirements, minimizing legal risks and potential fines.
• Country-Specific Benefits: Provide tailored packages in each country, ensuring your team is motivated and well-cared for.
• Intellectual Property Protection: Keep your business's intellectual property safe and secure, no matter where your employees are.
• All-In-One HR Dashboard: Skuad's Global HR Platform allows you to manage all aspects of HR, from onboarding to offboarding, in one place.
• Automated Payroll: With just a click, ensure your global team gets paid on time and in their preferred currency.
• Customized Offboarding: Skuad takes care of all offboarding requirements in compliance with local laws, including exit interviews and payroll adjustments.
• Competitive Pricing: Skuad offers the best pricing in the industry, starting at just $199 with its own legal entities. This is in contrast to competitors whose pricing starts at $399 and often has unclear entity status.
• Special Pricing for NGOs: To further drive home the affordability angle, Skuad offers special pricing options for NGOs, ensuring that even organizations operating on tight budgets can benefit from its comprehensive services.

“Skuad offers the best pricing in the industry, starting at just $199 with its own legal entities. This is in contrast to competitors whose pricing starts at $399 and often have unclear entity status.”

Book a Demo

Skuad isn’t just an EOR platform, it’s your HR department globally. From Argentina to Vietnam, Skuad enables a seamless hiring and management experience that can adapt to each country's unique employment laws and cultural norms. By partnering with Skuad, organizations can scale with agility, retain top talent, and conquer the global market, all while ensuring full compliance and optimal HR administration.

To truly understand how Skuad can revolutionize your global HR operations, book a demo today.

2. Foxhire

Foxhire is another notable player in the Employer of Record (EOR) landscape of 2024. It provides a reliable solution for onboarding, payroll, and compliance. The platform's standout feature is its user-friendly interface, making it straightforward for businesses to track various contracting details and manage employees.

Foxhire aims to ease the load of HR administration with features like payroll, onboarding, insurance, and compliance baked into its platform. It follows best practices to ensure that you meet all your legal obligations.

Foxhire also offers compelling insurance packages for employees, taking care of another significant aspect of HR management. Foxhire’s comprehensive employee onboarding services stand out in reducing administrative workloads. They allow for quicker hiring processes, enabling companies to focus on more strategic business operations.

Core Capabilities

• User-Friendly Interface: Simplify your HR tasks with an easy-to-navigate dashboard that keeps all contracting details at your fingertips.
• Payroll Management: Efficiently manage your employees' salaries and wages through a seamless payroll system.
• Compliance Assurance: Foxhire strictly adheres to best practices for compliance, reducing the risk of fines and legal complications.
• Employee Insurance Packages: Offer your employees the benefits they deserve with comprehensive insurance options.
• Streamlined Onboarding: Foxhire’s onboarding services are designed to help you bring new employees into the fold as quickly as possible.

Gap in Services

• Lack of proactive measures regarding overdue invoices to the end client.
• Request for an expensive setup fee for each candidate.

Foxhire can be a suitable choice for efficient HR management for businesses that don't require extensive international operations.

3. Globalization Partners (G-P)

Globalization Partners is an AI-driven Employer of Record platform that primarily helps companies build teams anywhere in the world in days. Its unique selling point has to be its many years of expertise in global expansion and management of local labor laws for global organizations. 

As a SaaS-based global growth platform, G-P pairs the industry's most responsive tech with legal, HR and tax experts to support growing organizations.

However, the downside to using G-P is that if you are a US-based organization, there may be better EOR platforms to use as they solely focus on international employees, which means that you may be required to use another EOR platform for managing your local workforce.

Core Capabilities

• Global expertise experience of over 10+ years.
• Worldwide entity infrastructure built and staffed in‑house by world-class legal, HR, and tax experts
• Automated employment contracts

Gap in service

• Lack of visibility into its various country policies.
• Globalization Partners has no transparent pricing, and additional features come with added fees.

4. Velocity Global

Velocity Global is well-known for its immigrant and foreign employee hiring approach. Also, it specializes in delivering tailored EOR solutions for businesses that operate in specialized markets. The company excels in making it easier for organizations to navigate the complexities of employment, especially in traditionally difficult markets.

Instead of offering an all-encompassing HR platform, they offer advisory services alongside traditional employer-of-record capabilities. However, businesses seeking a more comprehensive, end-to-end solution might find Velocity Global lacking in some areas.

Core Capabilities

• Specialized Markets Focus: Velocity Global shines in its ability to navigate complex, specialized markets where generic EOR services might struggle.
• Consultative Approach: Alongside traditional EOR offerings, Velocity Global provides advisory services to guide your HR decisions.
• Compliance Management: The platform maintains a strong focus on compliance, reducing the risks associated with global employment.

Gap in Service

• Limited Payment Options: While Velocity Global has great payroll options, there exist limitations in certain aspects, such as cryptocurrency payments.
• ‍Lack of pricing transparency and complaints with customer support: Velocity Global does not provide its payment information online.

5. Rippling

Rippling enters the EOR arena with a unique proposition. Unlike traditional EOR platforms, it offers distinct products like HR Cloud, IT Cloud, and Finance Cloud, aiming to be a one-stop shop for global employment management. While its range of services is impressive, the user experience can be compromised due to its less intuitive interface.

Core Capabilities

• Multi-Cloud System: Rippling offers separate cloud functionalities for HR, IT, and Finance, aiming to provide a comprehensive employment management system.
• Global Employment Management: The platform supports global onboarding, payments, and HR and finance management.
• Payment Processing: Rippling allows easy payment processing for employees and contractors globally.

Rippling offers a variety of functionalities that could be ideal for organizations seeking a multi-functional EOR service. However, its user interface and lack of certain key features make it a less comprehensive choice.

6. Remofirst

Remofirst is designed to simplify the global hiring process for businesses. This all-in-one platform is available in 160+ countries and offers same-day onboarding for international employees. Remofirst allows you to hire full-time employees anywhere in the world with just one click, without the need for setting up local entities. 

Core Capabilities

• Same-Day Onboarding: With Remofirst, you can onboard employees internationally on the very same day you decide to hire them.
• Locally Compliant Contracts: Remofirst ensures that your contractor agreements are locally compliant, reducing risks related to misclassification and audits.
• 24/7 Customer Service: Around-the-clock support ensures that issues or queries are addressed promptly, allowing smooth operations.

Remofirst’s affordability and speed make it a viable option for businesses that want to quickly scale their operations internationally.

7. Deel

Deel is a recognized EOR service platform with a significant amount of client organizations. It is a platform that enables organizations to expand globally in 150 countries without setting up a subsidiary. With Deel, organizations can hire contractors and employees while also streamlining their HR operations. 

Core capabilities

• Established legal entities in 150 countries.
• Simplifies onboarding of employees and contractors
• Provision of benefits via its platform
• Management of compliant payroll for global teams

Gap in Service

• Pricing is quite expensive
• Difficulties in customizing benefits packages
• Additional costs with some features

8. Shield GEO

Shield GEO offers a streamlined approach to EOR services, aimed at businesses looking to hire and manage global talent without the complexities of navigating various legal frameworks. Shield GEO brings to the table a simple and direct EOR service that eliminates some of the most common hurdles in global employment.

Core Capabilities

• Ease of Use: Shield GEO’s platform is designed for simplicity and straightforward navigation, making it easy for businesses to manage their international workforce without getting bogged down by unnecessary complexities.
• Legal Compliance: One of Shield GEO's key offerings is its focus on legal compliance. The platform ensures that all employment activities are in line with local laws, helping businesses avoid costly mistakes and potential legal pitfalls.
• Global Reach: Although not as extensive as some other platforms, Shield GEO does offer a decent range of countries where they can facilitate employment, making it a good fit for companies with a less diverse but still global footprint.

Shield GEO may be a good fit for companies looking for a simplified, no-frills EOR service. However, it lacks some of the advanced features offered by platforms like Skuad, particularly in the realms of onboarding, payment processing, and benefits management.

9. Multiplier

Multiplier positions itself as a comprehensive EOR service that aims to manage various facets of international employment, from payroll to local insurance policies. With a focus on compliance and employee well-being, Multiplier offers a robust set of features that make global team management easier and more efficient, although it still has some room for improvement compared to competitors like Skuad.

Core Capabilities

• Comprehensive Payroll Management: Multiplier takes care of all aspects related to your global team’s payroll, taxes, and social contributions, allowing you to focus on your core business.
• Multilingual Compliant Contracts: Crafted by legal experts, Multiplier ensures that your employment contracts are compliant with local laws and available in multiple languages to suit your international workforce.
• Unified Management Dashboard: Manage expenses, leaves, and time sheets for all your global employees from a single platform, simplifying administrative tasks and increasing efficiency.

Gap in services

• The platform’s onboarding and offboarding processes could benefit from a review to enhance effectiveness and employee satisfaction.
• Recurring discrepancies in payroll management.

Multiplier offers a wide range of services aimed at making global employment easier and more compliant. However, it lacks in some areas, making it less comprehensive than other market options.

10. Omnipresent

Omnipresent offers a comprehensive suite of services to simplify hiring and managing remote talent globally. It's especially known for providing employees with local benefits like healthcare and social contributions. While it serves as a one-stop solution for international employee management, it falls short on some capabilities when compared to EOR leaders like Skuad.

Core Capabilities

• OmniPlatform for Unified Management: One of Omnipresent’s strongest features is its OmniPlatform, a centralized dashboard that allows managers to view operations and data for all international and remote employees. Employees can manage their employment relationship from onboarding to off-boarding, benefits, and expenses through the platform.
• Local Benefits: Omnipresent is committed to providing local healthcare and social contributions to employees, giving them the comfort of home while working for a global team.
• Dedicated Service Team: The company prides itself on offering ongoing support from the onboarding process throughout the full lifecycle of the employment relationship, ensuring your team is well-supported internationally.

Gap in services

• High pricing fee: Omnipresent starts between $500 to $800 per employer monthly, excluding VAT. To compare, Skuad starts at $199, offering the same services with zero hidden fees.
• Additional fee requirements: Users are required to pay set-up fees in addition to the basic EOR management fee.

Build Global Remote Teams With Skuad

In today's globalized business landscape, choosing the right Employer of Record (EOR) service is crucial for seamless international expansion and effective remote team management. 

From onboarding talent in over 160 countries to managing payroll and ensuring compliance with local laws, Skuad offers an all-encompassing solution for your global employment needs. Its commitment to handling the entire employment lifecycle allows organizations to focus on core business activities while scaling operations globally. For those looking to build a winning remote team effortlessly and compliantly, book a demo with Skuad today.