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Rise's Employer of Record (EOR) service manages employment responsibilities like compliance and payroll for your company, allowing you to hire globally without setting up local entities.
With Rise as your Employer of Record (EOR), we act as the legal employer, managing compliance, payroll, taxes, and benefits, enabling your business to hire globally without local entity establishment.
By using Rise EOR, we provide significant time and cost savings while mitigating compliance risks associated with local labor laws, allowing your business to focus on strategic growth.
Rise EOR offers access to a global talent pool and streamlines HR functions like onboarding and payroll, making it the perfect solution for companies looking to expand internationally.
Partnering with Rise as your EOR offers numerous benefits for businesses looking to expand internationally.
These benefits include:
Our EOR service simplifies international hiring, ensuring compliance with local employment laws and allowing companies to focus on strategic growth.
Let’s explore these benefits in more detail.
The most significant advantage of using an EOR is the time and cost savings it offers.
Avoiding the need to establish a local entity saves your business significant time and resources, sparing you from dealing with complex bureaucracy and local labor laws.
In fact, utilizing an EOR can lead to substantial financial savings, with estimates suggesting that businesses can save around $74,000 per year, especially when employing a few dozen workers.
Rise EOR also streamlines various human resources tasks, such as onboarding, payroll processing, and compliance management, thereby enhancing efficiency and reducing the administrative burden on your business.
The EOR solution from Rise offers a range of essential services that help businesses manage their international workforce effectively.
These services include payroll processing, benefits administration, and onboarding and offboarding processes.
Our EOR offers full HR support, ensuring that all employment-related tasks are managed efficiently and comply with local regulations
EORs play a crucial role in managing international payroll, and with Rise, you have the unique advantage of hybrid payroll options, allowing payments in both fiat and cryptocurrency.
This ensures that employees are paid in compliance with local tax regulations while enjoying the flexibility of modern payment methods.
Rise handles all aspects of payroll processing, including:
By taking on these responsibilities, Rise helps businesses avoid the complexities and potential pitfalls of managing payroll across multiple jurisdictions.
The efficiency and accuracy of Rise's EOR payroll services are particularly beneficial for businesses with a global workforce.
Rise streamlines payroll processing, ensuring that all employees are paid correctly and on time, regardless of their location or payment preference.
This not only helps maintain employee satisfaction but also ensures compliance with local employment laws.
Sign up, enter your company details, and agree to our Master Service Agreement. Once we verify your business, you’ll be ready to invite your employees and global contractors to join.
Invite US employees and global contractors en masse and let us handle all the professional agreements and employment contracts, tax compliance, and KYC/AML requirements.
Easily fund your payroll in USD or USDC, set up payment schedules and let each payee choose how they’d like to withdraw their earnings direct to their bank account or crypto wallet.
Rise's Web3 EOR service is tailored for global Web3 companies, startups, and DAOs looking to hire U.S. employees while navigating the complexities of international employment.
By offering seamless crypto to fiat payroll processing and ensuring compliance with U.S. employment laws, Rise enables Web3 companies to efficiently manage their workforce without establishing a local entity.
As the Web3 environment keeps evolving with blockchain and decentralized finance, Web3 companies face unique challenges in hiring and payroll management.
Rise's EOR service addresses these by providing a hybrid payroll solution, allowing payments in both fiat and cryptocurrencies, ensuring compliance with local tax regulations.
This allows Web3 companies to attract top U.S. talent without the burden of legal and HR responsibilities.
Expand your global business into the U.S. with ease.
Our EOR solution for international businesses handles compliance, payroll in fiat or crypto, and benefits, simplifying your U.S. hiring process.
By leveraging our comprehensive employer services, businesses can navigate different employment laws efficiently, ensuring that all legal and HR responsibilities are met.
This allows companies to focus on their strategic growth and market expansion without the need to establish a local entity.
Additionally, with our EOR services, businesses gain access to a diverse global talent pool, enhancing their workforce capabilities and competitiveness in the U.S. market.
An Employer of Record (EOR) is an entity that assumes full legal responsibility for employing workers on behalf of another business.
For example, with Rise acting as your legal employer, our EOR service manages:
Compliance
Payroll
Taxes
Benefits
This frees your business from the complexities of local employment laws, making it easier for global employer companies like yours to hire employees in different countries within global markets without establishing a legal entity in each location.
EORs take on comprehensive employer responsibilities, including creating compliant employment contracts, ensuring adherence to local labor laws, and managing all aspects of employment such as payroll processing and benefits administration.
EORs manage these essential tasks, allowing businesses to concentrate on their core operations and strategic growth instead of dealing with HR and compliance complexities.
This means that the EOR, such as Rise, handles all of the legal and HR responsibilities, ensuring that all employment tasks are performed in compliance with local labor laws.
When a business like yours decides to hire employees overseas, the EOR steps in to handle everything from payroll processing to employee benefits and legal responsibilities, including terminations.
This allows businesses to hire employees in different countries without the need to set up a legal entity, making the process of global expansion much smoother and more efficient.
While EOR services offer numerous benefits for businesses looking to expand globally, opting not to use an EOR and instead establishing a foreign entity can be an extremely challenging and arduous process.
Here's everything you have to do if you don't use Rise EOR:
This involves:
You’ll be responsible for:
Each country has its own set of rules, requiring businesses to:
This includes:
You must guarantee compliance with local labor laws while maintaining data security.
The burden of managing these legal and HR responsibilities can be overwhelming, diverting focus from strategic growth and core business functions.
