Tech companies that choose to expand engineering and development teams into emerging tech hubs, like Kazakhstan, Uzbekistan, or Armenia will discover a wealth of benefits. A deep talent tool allows U.S.-based tech companies to find talented developers and engineers with the specific skills, knowledge, and experience that they need to accomplish their goals — and with lower employment costs.
The value of creating a remote development team in an emerging market is evident, but questions still remain. A question for many tech companies developing proprietary code or building AI applications is — how do we protect our intellectual property (IP)? An Employer of Record might prove to be the solution for growing tech companies, and Truss has the knowledge and experience that companies need to succeed.
Contact Truss today to find out how your employer of record protects intellectual property!
READ MORE: EOR vs. Local Entity in Central Asia
5 Ways an Employer of Record Protects Intellectual Property
When you hire in emerging markets, there can be a different legal definition of “work for hire” that impacts how your intellectual property is viewed and how the law is enforced. A key advantage of partnering with an employer of record is that an EOR handles the legal aspects of hiring and operating in a foreign country and will protect intellectual property, no matter where your employees may live and work.
Here is a better look at the ways that an employer of record protects intellectual property when you operate a global remote team:
1. Local IP Assignment Clauses
When an employer of record writes employment contracts for remote employees, they are written to be specific to local employment laws. These employment contracts handle more than salaries and PTO, they include mandates that intellectual property rights are immediately transferred to the end client. An employer of record can also incorporate Non-Disclosure Agreements (NDA) within contracts that prevent employees from sharing proprietary information.
2. Legal Compliance with Local Statutes
There are countries around the world that have specific moral rights for employees that pertain to intellectual property, and may require that employees receive compensation for IP transfers. When employing engineers and developers in countries where this is common, an employer of record can draft moral rights waivers that ensure that your intellectual property is yours and you do not have to pay additional compensation due to this local law.
3. Create a Chain of Ownership
When you partner with an employer of record, this partnership helps create a documented chain of ownership for your intellectual property. This process documents the development of intellectual property at every step of the process, from the employee involved in its development, to the employer of record, and from the EOR to your company. With this established chain of evidence and documentation, there is no legal doubt who owns the intellectual property.
4. Enhanced Data Security Protocols
There is more beyond paperwork, documents, and legal compliance. An experienced employer of record can create and enforce a legal framework that details enhanced data security protocols that can include secure hardware details and Virtual Private Network (VPN) requirements for global employees. This provides a physical layer of protection for your intellectual property.
5. Secure Onboarding and Offboarding
Tech companies that partner with an employer of record will discover a partner that manages the entire employee lifecycle — including onboarding and offboarding employees. With an employer of record providing legal support and working closely with new employees, it can ensure that all employees sign the necessary documents and contracts to protect your intellectual property during the onboarding process.
READ MORE: Why AI Startups Are Choosing EOR Services to Scale Remote Teams
The Benefits of Truss as Your Employer of Record
There are many benefits to partnering with an employer of record like Truss. Tech companies gain access to a broader and deeper talent pool in emerging markets around the world, gain support in writing employment contracts for new employees, and receive legal support and protection that can be invaluable.
When you make the decision to hire remote employees in emerging markets, you may find that the law does not view intellectual property the same way as it may here in the United States. An employer of record that understands the legal aspects of intellectual property in these global hiring markets can write legal protections into employment contracts, update data security protocols, perform secure onboarding, and much more that will protect your intellectual property.
Tech companies that are interested in growing their team will find a valued partner in Truss. With years of experience finding, recruiting, hiring, and managing remote employees in emerging markets like Central Asia, Truss can help you navigate the challenges of building a remote team of talented software engineers and developers. Provide the Truss team with an overview of skill and salary requirements, and Truss will provide you with a list of qualified candidates to choose from, and onboard new employees when you have found the perfect fit.
Contact Truss today to find out how we can help you protect your intellectual property!
