PEO/EOR Services in every major market across the globe. Our Global Payroll teams provide hassle-free management of your employees, from start to finish. Request for Proposal * * * Payroll Bureau doesn’t only do payroll, we are also a fully serviced, globally covered Employer of Record (EOR) and Professional Employment Organisation (PEO).
EOR What is an Employer of Record (EOR)? An employer of record (EOR) takes on the burden of everything to do with officially employing someone, this includes but is not limited to, tax, payroll and overall compliance with local and national law. EOR is most commonly utilised by employers who want to hire somebody outside of where their company headquarters are based. An EOR service provider essentially overtakes all legal responsibilities of employing employees to decrease complexities surrounding HR policies as they vary so drastically from one country to another. On paper the EOR will act as the primary employer of the employee. Although an EOR/PEO takes on these official responsibilities the global employee will still work totally for you, report to you, and act like any other employee. The EOR services provider deals with the fine print and the back-end responsibilities while you benefit from the expertise of your employee.
EOR or PEO? While we use the terms PEO and EOR interchangeably there is a slight difference between the two definitions; A Professional Employment Organisation will enter a more co-employer relationship, being an extension of the client’s already existing HR department, this means that the client would still mainly be responsible for the employment. Whereas an Employer of Record takes on the full liabilities and responsibilities of employment and is the legal employer. At Payroll Bureau we can offer both of these variations.
We know that as an employer it is imperative to have clear and constant communication to be able to ask questions and keep the employment process streamlined and consistently compliant. In this vein while we act as your EOR you will be assigned one of our EOR and Global Payroll Specialists as a dedicated point of contact, providing information, answers and modifications however and whenever you need them. In our experience keeping all of your information and email chains with one person really helps in keep all matters as organised and as uncomplicated as possible.
Take care of administrative duties We take care of most major administrative duties. For instance, we create the employment contract, when creating it though, like with all of our administrative responsibilities, we not only take all of your specifications into account but also maintains complete compliance with the local employment legislation. We also have the ability to go through the visa and work permit application process on your behalf, all you need to do is send us all relevant information and we can take care of this for an additional fee.
Provide expense management When it comes to international expense management, the reimbursement process can become quite tricky; we are here to help. If you notify us of the amount that you’d like your employee to be reimbursed, we can simply reimburse them in the next payroll run. Local expense reimbursement laws can become quite complicated, but we are always aware and take these into account
Your continued ownership Although we can take care of all of these avenues of employment responsibilities for you, you will still be totally in-charge and responsible for the employee’s day to day deliverables; you will manage any employee that is tied to us as their Employer of Record the same way you would manage any other employee within your company. We handle the administrative responsibilities, but you are still in full control of the employees work output.
Hiring globally We enable you to hire in any country around the world, regardless of whether or not you have an entity set up there. With the current pandemic forcing more and more people to work from home remote work is becoming the norm. This has meant a sharp increase in the utilisation of EOR/PEO services as employers now realise that their search for the perfect employee does not have to be limited to locality at all. It is also worth noting that we only require a minimum of one employee to start with so don’t hesitate to get in touch today to start your EOR journey with Payroll Bureau. With the benefits of using an EOR spanning from saving time, to cutting costs, to risk mitigation it is really the smartest choice when hiring overseas. Great companies 2/4
shouldn’t be limited by distance to hire the best people for the job. Make the world your oyster by using EOR services to keep you complaint and ahead of the game. Learn how we can help
Contact Us We can help you. If you would like to discuss any aspect of your company’s payroll with no pressure or obligation, discounts are available so please call us for a chat. Payroll Bureau 4th Floor, Marlborough House, 10 Earlham Street London, WC2H 9LN +44(0) 845 129 4993 * * *
Our Group Companies Our experienced payroll bureau runs large and often complex payrolls on behalf of scores of businesses, some with hundreds of employees. We are now part of the TopSource Group, and we pride ourselves on a personalised and flexible service. When last-minute amendments are required – as they frequently are – our focus is on delivering a fast and accurate response. www.epsilonbs.co.uk With 20 years of experience, Practical Payroll Solutions is one of the UK’s leading payroll companies offering a range of managed payroll services for large businesses. We are now part of the TopSource Group and provide flexibility in the way we can deliver your payroll be it – weekly, fortnightly, lunar or monthly. We are a payroll company that works around your needs. www.ppay.co.uk
TopSource India provides end-to-end payroll, leave and attendance management solutions to small, mid and large businesses across all industries in India. We provide our services and operational support from our facility in Pune. Our account management teams are locally based and work directly with clients to ensure accurate delivery of our services. www.topsource.in TopSource was founded in December 2003 as a UK company focussed on providing payroll & accounting services to mid-market companies in the UK. Our teams in the UK provide account management & work directly with clients to ensure accurate delivery of our services. We are SSAE16 and ISO 9001 certified and we have also International payroll BSI 25999 Business Continuity Planning. www.topsource.co.uk TopSource global provides international payroll, PEO/EOR services to clients across the globe. We provide these services from one of our three global locations: London and Kent in the UK and Pune in India. We provide our services in all the leading markets around the world including US, Europe, Middle East, China, India and Asia Pacific including Japan, Australia and New Zealand. www.topsourceglobal.com
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PEO / EOR Services payrollbureau.co.uk/peo-employer-of-record-services
PEO/EOR Services in every major market across the globe. Our Global Payroll te...