USA Employer of Record Benefits
You can quickly enter the US market and compliantly hire remote workers in any state by utilizing US Employer of Record services (EOR).
Using US Employer of Record services, means the EOR will be responsible for facilitating the employment of your US workers, including onboarding, payroll, benefits, remitting taxes, and more. The video and points below explain common employer of record benefits.
1) Simplify US employment compliance
Using US Employer of Record Services ensures compliance with employment laws related to back-office payroll services in any state you are hiring employees in. An Employer of Record can provide best practice guidance based on applicable federal, state, and local employment laws.
This includes staying up to date with federal and local employment law changes, tax codes, and more to assist with you remaining compliant.
Remember there are 50 different states, all with varied employment laws on federal and local levels. If you hire and payroll employees in each state alone, you must stay on track with these or face penalties.
2) Time and cost savings
Partnering with a US Employer of Record eliminates the need to establish a US entity in all states you are hiring in. You can quickly enter the US market, and employ US workers quickly, knowing payroll and other back-office services are covered.
Save time and money on administrative burdens like:
Employment compliance research
Setting up a US payroll division
Taxes
Sourcing benefits
Employment paperwork, and more.
3) Payroll and Benefits Management
One of the main employer of record benefits is that the solution takes care of payroll processing, ensuring accurate and timely salary payments to your employees.
In the US, your employees also expect their employer to provide them with healthcare insurance. In fact, many employers are legally required to offer health insurance that is affordable in accordance with the federal Affordable Care Act to employees.
An Employer of Record will handle benefits administration, including providing your US employees with:
Health insurance plans
Retirement plans
Dental and vision cover
Employee perks
Short term and long term disability
PGC offers US employee healthcare benefits plan from a top 3 provider in the US. Thanks to our economies of scale gained from our large workforce, we access high quality benefits plans, at a lower cost to you.
4) Provide Competitive Employee Healthcare Plans
If you were to source US employee benefit plans yourself, not only would it be extremely time consuming and expensive, but you may not have the knowledge of the exact healthcare benefits US employees expect.
Additionally, some PEOs and EORs in the US require you to have a minimum number of employees to access their benefit plans.
If you utilize PGC as your Employer of Record, you can access our top-class US employee benefit plans, no matter what size your business is. Healthcare benefits are often a deal-breaker for US employees accepting job offers. You can advertise the US Employer of Record extensive plans as your own to attract and retain high quality talent.
5) Free up Time to Focus on Growing your US Business
Using an Employer of Record provides businesses with the flexibility to scale their operations swiftly. You can onboard employees quickly anywhere in the US with reassurance that payroll and benefits are covered. Don’t limit your business potential to one area, this solution enables you to employ remote workers in any state.
By delegating administrative back-office payroll related tasks to a Employer of Record, businesses can concentrate on their core strategic initiatives. Save time and money you would dedicate back office tasks and staying on top of US employment law updates.
When you are entering the US market for the first time or a new state, you can focus all your energy and resources on tasks to grow your business, without worrying about payroll.
So, what are you waiting for, there’s never been an easier way to expand business to the US. Simplify the employment process by using Employer of Record Services.