International employees provide a competitive advantage for tech startups and tech companies that are in search of global talent to add to their teams. Tech startups may find the talent they need in emerging markets like Central Asia and the Caucasus — but how do they find, recruit, hire, and manage that talent? An Employer of Record is a proven solution for companies that want to find and hire talent around the globe.
Tech companies that want to know how to hire international employees with an employer of record can trust Truss to help them find, recruit, hire, onboard, and manage talent in emerging markets like Armenia, Uzbekistan, Kazakhstan, Kyrgyzstan, Turkmenistan, and other parts of the world. When you partner with an employer of record, you will gain the support you need to ensure all of your t’s are crossed, and your i’s are dotted when you hire global talent.
Contact Truss today to learn more about our end-to-end global hiring platform and employer of record services!
READ MORE: Guide to Transitioning Remote Contractors to EOR Employees
Understanding the Employer of Record Model for Hiring International Employees
There are a variety of legal options to choose from when you make the decision to hire remote employees in Central Asia and other parts of the world. U.S.-based tech companies can establish their own legal entity in the country where they choose to hire, they can hire independent contractors with global job boards, or they can partner with an employer of record.
Tech companies and tech startups that have made the decision to hire in these emerging markets around the world are left with a decision to make in how they decide to pursue this goal — and working with an employer of record provides a distinct list of advantages for hiring companies. With an experienced employer of record on your side, you can find the talent you need in emerging markets, recruit that talent to your team with partners that understand the market, improve onboarding processes to make them more efficient, and easily manage global payroll.
How Does an Employer of Record Work When Hiring International Employees?
When you make the choice to partner with an employer of record, it is important to understand how it works and how it benefits your company when hiring international employees. With an employer of record, your company is protected from legal compliance risks and gains access to a deep talent pool with lower employment costs than many alternatives.
Here is a snapshot of how an employer of record works:
Legal Responsibilities
When you partner with an employer of record, that employer of record takes on the legal responsibility of hiring and managing international employees. That means that on paper, the employer of record is the legal employer of your employees and is responsible for ensuring that local labor laws are followed. An employer of record will ensure that employment contracts meet legal requirements, minimum salary requirements are met, employee benefits meet the standards of local labor laws, and taxes are paid — opening the door to untapped hiring markets for U.S.-based tech companies and startups.
Onboarding and Management of International Employees
When you have found the right fit for your tech startup in an emerging market, an employer of record will onboard remote employees, and with an employer of record, the onboarding process can be shortened from 3 – 6 months to a couple weeks. International employees hired with an employer of record can trust that payroll, vacation time, and other important employee benefits will be managed by an entity that understands the local labor laws.
Management of Payroll, Taxes and Benefits
Tech startups that hire in multiple countries may find that managing payroll or employee benefits are real challenges that need to be faced — and an employer of record can help navigate many of these obstacles. Employer of record providers will manage payroll in accordance with the local employment laws and simplify payroll for companies that hire globally, mitigating the legal risks tied to multi-currency payroll. Tax laws present another challenge when managing a company with remote employees in different parts of the world, and with an employer of record as your partner, you can trust that your company is compliant with the local tax laws.
READ MORE: What Are the Real Costs of Global Hiring?
Hire International Employees with Truss as Your EOR
Are you looking for premier talent with lower salaries and employment costs? Hiring in emerging markets like Central Asia and the Caucasus may prove to be the solution — and an employer of record can help simplify the process for your tech startup. Tech companies that want to learn more about how to hire international employees with an employer of record can get the answers they need when they partner with Truss.
Truss has years of experience as a global employer of record in Central Asia and the Caucasus, and we will put that experience to work for you and your company. When you provide us with skill, role, and salary requirements, we will provide you with a list of potential candidates to choose from that meet your criteria, and when you have found the right fit, we will work with you to onboard your newest employees.
When remote global employees join your team, Truss ensures total compliance with local labor laws by taking on the full legal responsibility as their employer of record. We will handle cross-border payroll, localized benefits, and local tax incentives — all tailored to the employment laws of each remote employee’s home country — so you can focus on creating exceptional tech products.
Contact Truss today for more information about our employer of record services!
