Hiring in Ghana with an Employer of Record (EOR)

Setting up a team in Ghana? An EOR can help you hire employees in Ghana quickly.

Ghana is one of the key economies in West Africa, playing an essential role in regional trade and economic development. With a competitive business environment and opportunities across various sectors, Ghana is an attractive destination for international businesses.

If you’re considering expanding your business presence in Ghana, an Employer of Record or EOR can help you get started quickly. This allows you to bypass the complexities of establishing a local entity or managing HR functions independently.

An Employer of Record acts as the legal employer for your workforce in Ghana, while you maintain control over daily operations and staff management.

Why choose an EOR for hiring in Ghana

Startups, small businesses, and medium-sized enterprises often face the need for global expansion, but may lack the in-house expertise and resources to manage this transition smoothly. These and other employers can benefit from partnering with an EOR to make new hires in Ghana. An EOR enables you to:

• Hire and onboard employees quickly without establishing a formal business entity in a new country.
• Minimize compliance risks, as the EOR assumes responsibility for employing staff on your behalf.
• Delegate payroll, tax withholding, and benefits management.
• Alleviate the administrative burden associated with HR, compliance, and payroll.

Acting as the legal employer for your workforce in Ghana, an EOR oversees onboarding, payroll management, and administration of benefits and taxes—all in compliance with local employment regulations and in line with your organization’s standards.

By delegating essential HR and compliance functions to an EOR, you can redirect your focus toward growing your business in the country.

Choosing between an EOR and PEO in Ghana

You can choose either an EOR or a PEO to start building a team in Ghana. Knowing the fundamental differences between and EOR and PEO is significant should you choose to follow that route.

An EOR is the best choice by far for any organization that wants to transfer all compliance risk related to employment law in Ghana.

How to select the right EOR provider in Ghana

A few essential questions should guide your decision-making over which EOR is best for your needs. Compared to other providers, how well does the EOR handle compliance with employment law in Ghana? Is the EOR’s customer support high quality? Can the EOR fully handle operations in Ghana? Not all EORs have the resources to do so.

It’s critical to evaluate several factors carefully when choosing an EOR. Selecting the wrong provider can lead to frustrations over compliance, unanticipated costs, and a bad experience for the workforce. Here’s what to consider:

• Legal compliance: The right EOR will have a thorough understanding of Ghana’s labor laws, worker protections, tax regulations, and local benefits. Look for a strong track record and ask about their experience handling challenges specific to your industry.
• Customer service: Does the EOR offer 24-7 support and assign dedicated account managers? Multiplier provides continuous, human-first support, with no bots, and each client gets a dedicated manager.
• Transparent pricing: Some EORs may seem cost-effective at the outset yet soon subject buyers to hidden fees. Their pricing structures are unclear. Ensure you have a full understanding of the EOR’s start-up costs before making a commitment.
• Total cost of ownership: It’s not just about initial costs. Opting for a seemingly inexpensive provider may lead to higher expenses if service quality or compliance suffers. Ensure you’re investing in an EOR that aligns with your budget without compromising quality and reliability.

How EOR services work in Ghana

Step 1: Send that contract over

Once you’ve sourced candidates, work with the EOR to send them locally compliant employment contracts.

Thanks to the automation of essential HR functions, Multiplier can create contracts that fully comply with Ghanaian labor law in under five minutes. You can customize these contracts with terms like job responsibilities, working hours, salary, and termination conditions. Once finalized, your EOR will securely send the contract and manage the signing process.

Step 2: Enhance compensation with competitive benefits

Considering adding a competitive benefits package? This can help attract top talent, so it’s a good move. Instead of navigating local providers on your own, your EOR simplifies the process by offering benefits options that align with local standards and preferences.

Step 3: Get all your documentation in order

Next, it’s crucial to collect the new hire’s tax and banking information. If you’re working with an EOR like Multiplier, this step is seamlessly managed to set up payroll. Multiplier handles all required documentation, making the process smooth and hassle-free.
While onboarding employees in Ghana may seem like a mountain to climb, partnering with an EOR takes the heavy work off your plate.

Step 4: Run payroll for employees based in Ghana

Running payroll in Ghana can be complicated, with specific tax rates and required social contributions. Employing through an EOR like Multiplier ensures accurate and timely salary disbursements while managing all local taxes, contributions, and deductions. With Multiplier’s global payroll solution, you can manage payroll for your entire international team from one centralized platform, eliminating the need to sort through a long list of local vendors yourself.

Step 5: Manage your employees and leave HR compliance to the EOR

Multiplier takes care of all post-hire onboarding processes, ensuring new employees in Ghana receive their first paycheck—and every one thereafter—on time and calculated correctly, including all benefits, taxes, and social contributions. If an employee in Ghana needs to be terminated or leaves voluntarily, Multiplier ensures that all compliance aspects are handled properly.

Moving forward with Multiplier EOR in Ghana

An EOR is an ideal solution for any business that needs to expand quickly into Ghana. The operational efficiency, flexibility, and reduced risk that come with using an EOR make it a valuable choice. With Multiplier’s Employer of Record (EOR) services, you get a comprehensive, end-to-end solution for building your team in Ghana.

By outsourcing essential HR functions, you can hire top talent without the complexities of setting up a local entity all by yourself. Multiplier enables seamless hiring, onboarding, and employee management. You benefit from locally compliant contracts, managed payroll and taxes, and a range of customizable benefits aligned with local standards. In short, it’s a positive employee experience with no compliance-related snafus.

Book a demo to see how Multiplier makes HR and compliance in Ghana simple and effective.