What is the full form of EOR services?valid until: 18 Apr 2024date published: 18 Apr 2023
EOR stands for Employer of Record, which is a service that companies can use to outsource many of their HR functions, including payroll processing, benefits administration, compliance, and other administrative tasks related to managing employees.
An EOR service provider essentially becomes the employer of record for the company's employees, handling many of the administrative and legal responsibilities associated with managing a workforce. This can be particularly helpful for companies that are expanding into new markets or hiring employees in different states or countries.
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