- Yersin’s EOR Outsourcing service is a flexible, cost-effective solution to help grow both businesses and personnel.
A.Yersin will act on your behalf to legally hire workers and then dispatch personnel to work for you according to the service agreement between the parties (ie the EOR provider becomes the nominal employer on behalf of the parties). This simplifies the business expansion process, allowing you to immediately hire people to handle sales, market research and other creation activities without spending too much. costs, time and effort to set up an entity.
The EOR method will include a part of the enterprise and its employees on its payroll, will keep the labor contract and the two parties cooperate according to the service provision agreement.
- Main activities of EOR
- Discussing terms of employment
- Prepare labor contract with contract staff
- Handling pension fund related issues
- Manage employee/employer contributions
- Provide workers’ compensation insurance
- Calculating wages for employees
- Maintain employee salary records
- Maintain and calculate annual leave
- Calculating statutory sick leave for employees
- Maintain records of sick leave and unpaid leave