We Are Your Employer of Record
Let us handle your company’s administrative tasks such as payroll, employee benefits administration, recruiting, onboarding, and termination. We provide all the back-office support you need while you can focus on growing and operating your business.
The Benefits of An Employer Of Record
An employer of record (EOR) is a third-party organization that becomes the full legal employer of your workforce and assumes all employer-related responsibilities and tasks on behalf of your company. An EOR takes on a company’s human resources responsibilities and onboards, pays, and manages your supported employees while you maintain and control the day-to-day operations.
Some of the services that a EOR provides:
- Drafts and maintains locally compliant employment contracts
- Manages all payroll and tax withholdings
- Pays supported employees on time
- Offers comprehensive and statutory benefits
- Ensures compliance with terminations and offboarding
- Avoid employee/contractor misclassification
- Provides ongoing support on local labor laws and regulations
- Strategic HR guidance & Risk Management
Considering An Employer Of Record Arrangement?
Employee outsourcing Has its Benefits
When you outsource your employees to Next Generation Payroll, we step in to provide the core infrastructure your company needs to thrive. Organizations that don’t an in-house Human Resource professional gain administrative support, specialized guidance, tax compliance, robust technology solutions and more.
A Host of Benefits
Access To Enterprise Software Tools
When you subscribe to an employer-of-record arrangement, you gain access to industry-leading software solutions for payroll, HR, time management, learning management, and more. Advanced software solutions help businesses to scale while operating efficiently.
Reduced Tax Liability & Tax Filings
You never have to worry about payroll tax liabilities again as the EOR will be responsible for all applicable federal, state, and local taxes. With fewer tax obligations to worry about, businesses can focus their time and resources on more pertinent operations.
Manage Recruiting and Onboarding
In recent times, it has become difficult to find and attract talent to fill open positions within the workforce. Leave it to the professionals to interview, hire and onboard the right fit employee to help you run your business.
Payroll Administration
We handle all of your companies payroll needs with an enterprise-level payroll system that works well for organizations operating with multiple departments across
Experienced HR Consultants
Our team of tenured HR professionals works with your organization to ensure compliance while building a workplace where people can thrive.
Employee Benefits Administration
Allow an insurance consultant to strategically create benefits packages that maximize savings and aid in the retention of your workforce. We Automate the enrollment process and help your employees select their coverage options.
Labor Law Compliance
We ensure that the labor law guidelines are followed according to the Fair Labor Standards Act.
Unemployment Admininistration
We will make the best judgment regarding approving or denying unemployment claims within a 5 day period.
Workplace Safety & Wellness
Ensure your workplace is free of incidents and receive advice on how to keep your workforce healthy and productive.
Workers Compensation Administration
We will ensure that your employee's wages are protected by workers' compensation insurance. Claims will also be handled by our team of professionals.
Frequently Asked Questions About EOR?
A Professional Employer Organization (PEO) acts as a co-employer and mainly provides HR administrative support and benefits for a company. An employer of record (EoR) acts as the legal employer of an organization’s employees and assumes all responsibility for employee-related functions.
An EoR agreement adds the convenience of human resource support, payroll, and administrative support in a cost-effective manner. Employers can focus their efforts on more pressing business matters.
Small and medium-sized businesses use an employer or record agreement when they need administrative support but don’t want to dedicate resources to an HR department.
The EoR handles all matters related to recruiting, hiring, onboarding, and termination on behalf of the client.
Complete the form below and we will have one of our consultants reach out to you and discuss how we can best serve your business. We invite you to learn how our enterprise level solutions can benefit your organization
Knowledge is Power
Get informed with insights and resources from NexGen Payroll.
