The employer of record

Opening a subsidiary is one way to tap into global talent, but it’s a time-consuming and costly procedure. A faster and cost-effective alternative will also ensure complete compliance for any foreign personnel – An Employer of Record.

As the Employer of Record, Scalable Global Solutions allows companies to commence operations in Croatia quickly and compliantly, without the costs and time restraints associated with establishing a new local entity/subsidiary. The employment relationship exists between the employee and the EOR (SGS), as we have the legal responsibility. However, the client company is responsible for the day-to-day management and activities.

When to use an employer of record?

• Whenlooking for a cost-effective solution for your hiring
• When hiring full-time employees without opening a subsidiary
• When ensuring compliance with laws and regulations in a foreign country
• When going beyond your local talent pool and expanding to a global market
• When there is no capacity or need to perform the research and operations in-house

SOURCE: https://www.linkedin.com/pulse/what-employer-record-definition-benefits-vendor-screening-mary-joseph/