Employer of Record in Middle East
Establishing a distributed remote team in the Middle East region comes with challenges like hiring the right talent, managing their payroll, staying compliant with local laws, and more. These tasks are essential, but also very daunting.
With an Employer of Record (EOR) in the Middle East region, you can now have a team of your own without setting up a local legal entity. Skuad is an Employer of Record that simplifies hiring and compensation of full-time employees in a foreign country.
New Trends in Middle East Employee Benefits
According to the survey conducted by 2019-2020 Willis Towers Watson WTW Benefit Trends Survey, the following conclusions were made.
Focusing on talent experience
According to the Willis Towers Watson 2019 Middle East Benefits Trend Survey, talent experience and employee engagement with benefits are major goals for many multinational corporations.
According to the poll, 73% of respondents wanted to improve their communication of benefits to employees. However, it remains a major sticking point, with many businesses still trying to engage and excite their employees with their perks.
Enhancing both core and wider benefits
While essential benefits like health insurance, pension (or end-of-service benefits), and paid time off remain top priorities for employees, there is a rising emphasis on wider perks to attract and retain top personnel. In 2020, the emphasis will be on implementing a larger variety of benefits such as employee welfare, inclusion and diversity, and increased flexibility and choice.
According to the Middle East Willis Towers Watson 2019 – 2020 Benefit Trends Survey, the most effective organizations prioritize improving core and wider benefits. In fact, this was prioritized by 74% of organizations in this category.
Increasing the effectiveness of analytics, tools, and technology
Benefits strategies are concentrating on the use of analytics to understand employee behavior and requirements as firms move toward digital transformation.
According to the Willis Towers Watson 2019 Middle East Benefit Trends Survey, 88 percent of highly productive organizations utilize analytics to identify employee wants and requirements.
How does an employer of record (EOR) work?
Skuad is an Employer of record in the Middle East region, which serves as a Global HR Platform for companies looking to hire and pay remote talent. Partnering with an employer of record allows organizations to legally and effortlessly hire the best talent in the Middle East region, without setting up a local legal entity. Skuad manages the hiring and onboarding of employees, runs payroll and provides statutory benefits, gives ongoing legal and HR support, and much more.
Skuad provides Employer of Record services in the following countries of Middle-East Region:
Talk to our People Ops experts to discuss your requirements and see how Skuad can help. Book a demo today!
FAQs
What is an Employer of Record in the Middle East?
An Employer of Record (EOR) in the Middle East, is a third-party organization that legally hires your foreign employees without a local entity and compliantly manages payroll, taxes, benefits, devices, work visas, background checks and more.
How much does employer of record cost in Dubai?
The Employer of Record in Dubai usually costs between $600 to $1200+ per month depending on the EOR you choose. For instance, the EOR provided by Skuad (A Payoneer Company) starts from 199 USD per employee.
What is the best employer of record in the Middle East?
Skuad, a Payoneer company, is one of the best employer of record in the Middle East. Partner with Skuad EOR to compliantly hire employees and manage payroll, benefits, taxes and more without a local entity.
What is the difference between employer of record and payroll?
An Employer of Record legally hires employees of a client business and manages their payroll, taxes, compliance, benefits, work visas, devices and more while a payroll company helps with disbursing employee salaries.
What are the benefits of Employer of Record?
An Employer of Record helps client companies with compliantly hiring and managing foreign employees without an entity and quick market entry into new regions while reducing administrative costs and handling onboarding, payroll, taxes, benefits, insurance, devices, work visas, background checks and more.
What is the difference between Employer of Record and PEO?
An Employer of Record (EOR) becomes the legal employer of your workforce and manages payroll, taxes, benefits, compliance and more without a local entity whereas a Professional Employer Organization (PEO) co-employs your employees with shared responsibilities of payroll and HR via a local entity.
.png)
.svg)
.svg)
.png)