The organization acts as the Employer of Record (EOR) to hire and pay international employees on your behalf. You still manage the employee's day-to-day work, but the organization takes full legal responsibility and handles their contracts, payroll, benefits, time off, taxes, and offboarding.
This type of contract allows you to:
Set probationary periods, start dates and contract terms
Provide local healthcare and benefits
Add bonuses and variable compensation
Manage time off and vacation
Offer stock options
Equip team members globally with laptops, monitors and more
Provide a coworking pass