What is EOR?
Employer of Record (EOR): Your Gateway to Global Talent
An Employer of Record (EOR) is a third-party organization that legally employs your workforce in a foreign country on your behalf. They handle all the HR and payroll responsibilities, including:
- Payroll processing and tax remittance
- Benefits administration
- Employment contract management
- Employee onboarding and offboarding
- Labor law compliance
By using our EOR service, you can access talent in the Vietnamese market without establishing a local entity, significantly reducing the complexity and risks of international expansion.
Unlocking growth with Peace of Mind
Monata's EOR services make this a reality by becoming the legal employer on your behalf. We handle all facets of HR and payroll, allowing you to focus on building your dream team and growing your business.
Compliance Confidence
- EOR experts navigate complex Vietnamese employment laws, mitigating compliance risks and ensuring peace of mind.
Faster Talent Acquisition
- Tap into a wider pool of talent without setting up a local entity in Vietnam, leading to quicker team building and project initiation.
Reduced Costs
- Minimize overhead expenses associated with establishing and maintaining a local entity, legal fees, and administrative staff.
Scalability and Flexibility
- Easily adjust your team size up or down without the burden of additional legal and administrative tasks.
Streamlined Operations
- EORs handle payroll, benefits, and compliance, freeing your HR team to focus on strategic initiatives.
Improved Risk Management
- Minimize legal and financial risks associated with non-compliance and potential employee claims.
Enhanced Focus on Core Business
- Allocate more time and resources to your core business objectives instead of navigating international HR complexities.
Global Expansion Catalyst
- Access new markets and opportunities without the long-term commitment of establishing a local subsidiary.
Access to Local Expertise
- Leverage the EOR's deep understanding of local employment laws and cultural nuances to navigate the market effectively.
Reduced Time to Market
- Expedite your entry into new markets and launch projects faster with streamlined talent acquisition and compliance support.
Ready to expand your IT WorkForce?
Contact us today.