Employer Of Record In The Philippines

WHAT IS AN EMPLOYER OF RECORD

Hiring a remote team can be tough, but Employer of Records (EORs) simplify the process. They handle key tasks, ensuring legal compliance while helping businesses meet their goals. Read on to learn why an EOR is a valuable asset for your business!

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What is Employer of Record (EOR)?

An Employer of Record (EOR) is a professional service that facilitates and streamlines the process of hiring and managing a global workforce. Whether your business is expanding internationally or engaging remote employees, an EOR acts as a trusted intermediary, shouldering the responsibilities associated with employment while offering flexibility and compliance.

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Global Workforce Management

EORs empower businesses to expand globally without the burden of establishing legal entities in each target location, ensuring swift entry into new markets.

Legal Compliance

Specializing in international employment laws, EORs guarantee your business stays compliant with local regulations, minimizing legal risks.

Payroll and Benefits Administration

EORs streamline payroll, benefits, and HR tasks, liberating businesses from intricacies and enabling a focused approach on core operations.

KEY FUNCTIONS AND RESPONSIBILITIES OF AN EOR?

DCC’s Employer of Record (EOR) services offer a versatile array of solutions, allowing client companies to tailor services according to their unique needs. While maintaining total control over business operations, DCC takes charge of fundamental personnel functions.

Serving as the legal entity, our EOR provides an end-to-end business solution, ensuring seamless and customized support for the following responsibilities:

Efficient Payroll Management

Seamless Work Permits and Visa Coordination

Simplified Invoice Compilation

Expertise in Local Labor Laws and Compliance

Strategic Legal Benefits Assessment

Liaison with Local Authorities

Streamlined Employee Onboarding

Automated Timesheet Generation

Innovative Incentive Scheme Design

Professional Employee Termination Support

BENEFITS OF HAVING AN EOR IN THE PHILIPPINES

The EOR offers efficient end-to-end solutions to talent insourcing for businesses. In this way, companies can become more efficient with allocating time and resources. Read on below to know more about the benefits of having an EOR in your business functions!

ENHANCED EMPLOYEE SUPPORT

EORs prioritize employee well-being, executing responsibilities mandated by authorities and health maintenance organizations. This encompasses tasks such as comprehensive insurance coverage and meticulous payroll processing.

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AMPLIFY TIME AND COST SAVINGS

Collaborating with an EOR empowers companies to concentrate on pivotal business growth tasks. The elimination of payroll and HR management burdens not only provides ample room for strategic focus but also fosters significant cost savings through a fixed hourly rate for each employee.

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ENSURING COMPLIANCE & MONITORING

Dealing with different tax and labor laws across countries is tough. An EOR simplifies this by ensuring compliance with local laws, making it easier for overseas clients hiring talent. They handle payroll and keep up with legal changes to ensure everything is done right.

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AVOID LOCAL INCORPORATION HASSLES

With an EOR, sidestep the complexities of local incorporation. Save time and money as the EOR manages legal compliance without the need for local incorporation hassles.

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WHEN TO USE AN EMPLOYER OF RECORD (EOR)?

Leveraging an EOR is beneficial for companies eyeing expansion. With reliable local expertise, an EOR streamlines the expansion process, offering a practical and convenient avenue for businesses to achieve their growth and expansion goals. Here are some instances where partnering with an EOR proves invaluable:

Global Expansion

When expanding internationally, EOR simplifies hiring and workforce management, ensuring compliance in diverse markets.

Short-Term Projects

Ideal for short-term projects requiring specialized skills or temporary workforce flexibility without long-term commitments.

Remote Workforce Focus

If managing a remote workforce is a priority, EOR centralizes HR tasks, including payroll and benefits administration.

Compliance Challenges

When navigating complex international employment laws becomes a hurdle, EOR offers expertise to ensure legal compliance.

HUMAN RESOURCES MANAGEMENT

Recruitment, Hiring, and Onboarding of Employees
New Employee Orientation and Training
Termination on Behalf of the Company
Redundancy Control
Employee Compensation and Benefit Programs
Management of Legal Reports

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PAYROLL SERVICES

Monitoring of Employee Attendance and Time
Generation of Employee Payslip
Compliance with Authority-Mandated Reports and Remittances
Reporting of Tax and Payroll
Handling of Issues Regarding Labor Management

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Establish Your Dedicated Offshore Team with DCC

Embark on a journey to uncover the exceptional offerings of the Philippines. Dive into a diverse talent pool that reflects the nation's excellence. Explore today and witness the unique skills and capabilities waiting to elevate your ventures.

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