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Global Work Glossary

Lost in a maze of global employment jargon? Find your way out with our handy collection of work and HR terminology

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EOR Agreement

What is EOR agreement?

An EOR agreement is a contract between an employer and an Employer of Record. This outlines the responsibilities and terms of engagement for the EOR to handle the administrative and legal aspects of employment on behalf of the employer.

An EOR agreement typically includes a clear explanation of the services provided by the EOR, such as payroll processing, tax compliance, benefits administration, and adherence to local labor laws. It will also outline what the client is still responsible for. This includes policies regarding time off, travel, expenses, and performance expectations.

The contract will also specify the duration of the engagement, fees, and payment terms, as well as any additional services the client may need. For example, when clients use Mutliplier’s EOR solution, they may also use their benefits management service.

As increasing numbers of staff work remotely, Employer of Record solutions become even more important. And it’s equally important to use a solution (like Multiplier) that has an EOR agreement tailored to meet your specific needs.

Ready to take the leap? Choose Multiplier as your EOR partner

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