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Multiplier named Industry Leader and IEC Star in the 2024 IEC Global EOR Study

Here at Multiplier, we’re pioneering new approaches to global employment by making it easier than ever to assemble globally distributed teams. But you don’t have to take our word for it. 

For the latest entry in our ever-growing trophy cabinet, we’re delighted that the IEC Group, a highly-experienced vendor-agnostic research and advisory company, recognizes us as a “Leader” in its Global EOR Study 2024 of the top 25 EOR companies worldwide. IEC has also awarded us its “IEC star” designation, an honor reserved for just three companies who demonstrate significant advancements in the field.

While that would be reason enough to celebrate on its own, we’re even happier to achieve such an honor as part of Multiplier’s first ever participation in the annual IEC Dynamic Map Quadrant. Not bad for first timers.

Debuting among the EOR greats

Multiplier leapfrogs competitors in its emergence into IEC’s rigorously-evaluated Leader quadrant, underscoring our commitment to our customers and industry-leading performance. 

Leader status is only offered to those who provide excellent service, offer broad and deeply capable solutions, and actively invest in their strengths.

“We are thrilled to be recognized as a Leader in the IEC Group Global EOR Study on our very first entry,” said Sagar Khatri, Multiplier’s CEO and co-founder. “This distinction is a testament to the hard work and dedication of our team, and it reinforces our commitment to providing superior services that meet the complex needs of businesses looking to expand globally. We are proud to stand at the forefront of the EOR industry, driving innovation and supporting our clients’ growth.”

What Multiplier is doing right

IEC recognized Multiplier’s easy-to-use software platform for its ability to streamline onboarding, automate payroll, ensure tax compliance, and support multinational companies with their global expansion strategies.

In particular, the IEC report picked out two key capabilities of our platform.

Transparent pricing model 

Our commitment to customization and transparency in everything from integrations to pricing helped us to win our place on the quadrant. IEC highlighted our lack of hidden costs as a particular boon for companies looking to avoid nasty surprises.


That transparency leads into the second capability: scalability. Transparent pricing helps us to cater to businesses of all sizes, and we have the capacity to seamlessly serve both medium and large enterprises.

Multiplier’s industry-leading capabilities

IEC’s recognition of Multiplier as a Leader is further validation of our strong portfolio of services. It’s also a welcome payoff for all the investment we make in our technology, and our broader culture of innovation. If you’d like to take a closer look at what IEC had to say, download the report.

Our EOR platform makes it possible for businesses to employ anyone anywhere, taking care of payroll, insurance, benefits and more so you don’t have to.

If you’d like to experience for yourself the power of a leading EOR, book a demo to talk to our experts today.

Will Smith
Will Smith

Content Writer

Will is a Content Writer at Multiplier. With a background in technology journalism, he is passionate about busting jargon, getting to the heart of complex topics, and writing pieces you'll enjoy reading.

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Employ the best person for job, regardless of location

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