EOR vs. Global PEO? The Difference is Clear.
How an EOR is built for more global success.
What is an EOR?
An EOR (Employer of Record) solution offers companies a direct employment relationship with global hires while reducing legal liability and offering greater control over all HR functions. This allows you to save time and money as you scale your workforce globally, avoiding non-compliance issues, and mitigating risk along the way.
What is a Global PEO?
A global EOR serves as a back-office administrator for companies with international employees. EOR places their clients’ global employees on their payroll, eliminating the need to set up subsidiaries in foreign countries. The EOR handles payroll, benefits, and compliance and regulatory tasks related to hiring globally, along with other HR duties as needed.
Why partner with G-P as your global EOR?
Control.
Access.
Compliance.
Transparency.
Five key reasons to choose our EOR solution.
| Reduced Risk | ||
|---|---|---|
A EOR takes on compliance to mitigate your risk, while a global PEO makes you share the risk. | Owns compliance to mitigate risk | Co-employment means shared risk |
| Total Compensation | ||
A EOR considers total compensation, while a global PEO focuses mainly on benefits. | Offers total compensation guidance | Offers location-specific support |
| Payroll Compliance | ||
A EOR considers total compensation, while a global PEO focuses mainly on benefits. | Compliance is a key payroll focus | Focused on taxes, timely payments |
| Global HR Compliance | ||
A EOR ensures global compliance, while a global PEO works country by country. | Works globally by nature | Works country-by-country |
| Scalable Expansion | ||
A EOR handles all global hiring challenges, while a global PEO handles certain pieces. | Global scope means global support
| Offers standard expansion support |
Explore G-P’s Employer of Record solutions.
Onboarding & Offboarding.
Our HR experts help simplify and streamline onboarding to bring new hires onto the team quickly, while handling offboarding with sensitivity, care and compliance with local laws.
Bulk Onboarding.
Our Bulk Onboarding feature is a key upgrade that allows G-P Meridian Prime™ account holders to handle large onboardings of employees or easily mass convert contractors to FTE.
Employment Contract Generator.
Our in-platform Employment Contract Generator makes it easy to create legally compliant contracts in just a few clicks and presents them to your candidates to accelerate and simplify hiring.
Employment Contract Customization.
Request contract template customizations directly through our platform to get the contract that best suits your needs.
Benefits Offering.
Attract top talent by offering competitive, up-to-date benefits that meet all country-specific rules and norms, then easily administer plans for a smooth employee experience. A choice between statutory and supplemental benefits packages is available in most countries.
M&A Transitions Services.
G-P Meridian Prime account holders can benefit from G-P's expertise in M&A transition services, such as mass onboarding and employee transfers, as a separate billable service to support compliant transitions during mergers, acquisitions, or divestitures.
G-P Recruiting Tools.
Identify the very best talent around the world with the help of our highly-vetted global network of expert recruiting specialists.