We validate all local employment contracts. This streamlines the onboarding process for your South Africa employees. All you need to do is review the agreement and approve it.
Benefits
EORs are a great benefit to companies. Local remote workers can be expensive, complicated, and risky.
An employer of record can be described as a local entity acting as an intermediary between employees and employers.
The EOR registers the remote worker as an employee. But it has no supervisory or management role.
The original employers retains the substantive relationship. They make all decisions about compensation, job duties and termination.
Employer of Records allows companies legally and efficiently to engage with remote workers in a new nation without having to establish a local entity or risk of being sued for violating local employment laws.
South Africa’s diversified economy is the second-largest in Africa. It has almost 60 million inhabitants.
A stable political environment makes it a popular destination for foreign investment.
But, it can be difficult to expand a business in South Africa.
There are still lengthy bureaucratic processes, cultural differences and regulations that can lead to delays. It can take up to weeks or even months for expansion projects to go live.
It can be challenging to set up South African benefits as a foreign employer.
Outsourcing your benefits management can help you save time and money and make sure you comply with all applicable laws.
Employer of Record SA will manage your South African benefits as your employer of record so you can focus on your expansion.
Why should you use an employer of record
Employers of Record are able to be used to overcome financial and regulatory hurdles in remote areas. These rules can pose a major obstacle to international business expansion.
Strictly speaking any company offering employer of record services to help legalize and legitamize the workers and the employer/employee relationship pertaining to the host contry can be considered such a company.
Companies don’t care where their workers live, as long as they are able to achieve agreed goals. It is not easy to hire remote workers, thus its important to hand over your remote worker recruitment to a respected in-country recruitment specialist.
Employer of Record is a great way to build a global team. Employer of Record services offer the flexibility needed to scale a global dream team.
It takes effort and time to grow a business to its desired performance. There are many obstacles that businesses face along the way.
Employer of record is responsible for onboarding selected remote workers from other jurisdictions. They also handle payroll and offer benefit packages that are compliant with local laws.
This means that the Employer-of-record significantly reduces the risk of the subject company not complying.
EOR also assumes compliance responsibility. This is crucial considering the severe penalties for non-compliance in modern-day.
It is crucial to find the right EOR company for your business in order to realize its full potential, and be successful on the global stage.
These are the specific tasks an EOR company can do for you:
The EOR is the registered employer for the worker. It does not have any supervisory or management role.
The original employer retains the relationship in substance and makes all decisions about compensation, job duties, and termination.
Particularly, the employer of record is the legal entity that: