Why people consider Employer Of Record as extension of Payroll Service Provider


 

EOR(Employer of Record)services have become increasingly popular in recent years as more and more companies look to expand their global workforce. In India, many businesses are turning to EOR services as a way to streamline their operations and ensure compliance with local laws and regulations. But why do people consider an Employer of Record as an extension of a Payroll Service Provider in India? Let’s take a closer look.

First, it’s important to understand what an Employer of Record is. Essentially, an EOR is a company that acts as the legal employer for a group of employees, even though they work for another company. This means that the EOR takes care of all the administrative tasks associated with employing workers, such as payroll, taxes, benefits, and compliance with labor laws.

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