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Justworks’ Hyperlocal EOR Approach: 9 Key Benefits

If you've been considering partnering with an EOR for your global hiring needs, you may want to consider Justworks's hyperlocal approach. Learn more here.

Blog Author - Justworks
Justworks
Jan 23, 20244 minutes
Blog Author - Justworks
Justworks

Justworks is a technology company that levels the playing field for all small businesses. Through our software and as a partner, we help our customers take care of their teams, streamline their operations, and navigate the complex aspects of managing a workforce with confidence.

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When you’re choosing an EOR partner for hiring abroad and building your global team, you want to select a provider that goes above and beyond basic payroll and benefits. 

Most EORs focus on helping companies hire one or two employees in 100+ countries. While this approach can be great for some distributed teams looking to hire dozens of people scattered across dozens of countries, it’s not the optimal solution for businesses looking to build a local HQ or gain a serious foothold in a new market. 

As a hyperlocal EOR provider, Justworks focuses on depth, not just breadth. Justworks is your HR team abroad. Our team plays a critical role in your company’s day-to-day operations, helping you navigate any challenges that arise related to payroll, benefits, onboarding, offboarding, and compliance. 

Here’s a look at how our hyperlocal EOR approach works. 

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1. Management of employee lifecycle without an entity or local HR team

From helping your employees complete all of the required onboarding documents to ensuring that your terminated employees receive the right amount of severance, Justworks helps you keep your HR processes compliant with local laws.

Justworks has established its own entities abroad, which means we can manage all HR functions in markets where you lack a local entity or local HR team. This enables us to support your team with the following: 

  • Creating customizable and compliant employee contracts that protect your business’s intellectual property (IP).

  • Hands-on onboarding, including support with navigating the platform, registering with government institutions such as social security, filling out bank account information, and completing benefits enrollment.

  • Hands-on offboarding, including support with terminations and severance payments

  • Ongoing payroll management, including biweekly or monthly payroll, reimbursements, bonus payments, 13th-month payments, and payroll taxes. 

  • Benefits administration.

  • Support with other HR processes, such as mandatory training for companies with large teams and employment verifications. 

Our approach could save your business entity setup costs and 6-12 months of time. 

2. Ongoing payroll management and support

While some EORs outsource payments to financial partners, which can cause unexpected delays, Justworks pays employees directly from our own bank accounts. Justworks' hyperlocal approach to payroll ensures that your employees are always paid on time and correctly. 

Our local accounting experts work closely with your customer support team to help you navigate more challenging payroll situations as well, including:

  • Paid leave, including parental leave

  • Sick leave

  • Overtime pay

  • Holiday pay

  • Reimbursements

  • Bonuses

  • 13th-month payments 

  • Severance payments

  • Converting contractors to full-time employees 

3. Best-in-class benefits packages

When you're recruiting for software engineers, HR managers, customer support specialists, and other tech or business roles in a new country, you might be surprised by how different the compensation and benefits packages abroad are from those offered in your home country. 

Many EORs offer basic benefits packages that meet the legal requirements, but that's just scratching the service. Justworks helps you to ensure your full benefits package is on par with what is being offered by local employers for that specific role.

Best-in-class health care plans 

Partnering with Justworks means having access to a robust group plan, which is crucial for recruiting top talent. Your employees will receive health coverage that is equivalent to plans offered by established local employers and local PEO providers. 

Customizable packages

Some employees, including senior hires, require a different benefits package. Justworks’ healthcare plans enable your business to offer customizable benefits packages for older employees, such as more robust healthcare coverage or life insurance. 

Other benefits

Each country has their own set of unique mandatory and recommended benefits. Some benefits might be common in one country, but hardly exist in another. For instance, employers in Mexico often include grocery allowances in their employee benefits package. As you begin hiring in a new country for the first time, Justworks ensures you’re building the perfect benefit package to recruit and retain top talent. 

4. Seamless invoicing and local payments

We invoice your business in the currency that makes the most sense for you. Justworks then pays your employee in their local currency to maintain compliance. Our system ensures that your business is not subject to double taxation. 

Thanks to our payment system, you also don’t have to worry about high FX fees or bad conversion rates. 

The best part? There are no hidden fees. Our employer cost simulations transparently line item out each tax and statutory benefit so you have full clarity into your costs.

5. Immigration and visa sponsorship support 

Justworks can sponsor work visas & permits in a number of countries, with the list growing each day. Our hyperlocal EOR model makes it possible for you to relocate employees from, say, India to Canada or Ireland to Portugal. 

With our immigration services, you won’t need to worry about hiring immigration lawyers or disrupting your business operations.

6. Equipment and technology support 

Do you need to supply your employees with laptops, tablets, monitors, headphones, or other pieces of equipment? If so, Justworks allows you to add on an equipment distribution service.

Our technology distribution partners ensure that your employees have access to the high quality tools they need to succeed in their roles. 

7. Access to local talent 

While Justworks does not recruit talent for you, we can put you in touch with our local recruiting partners. You can start by hiring a few employees in a new hub and slowly scale up your business’s operations at your own pace. 

8. Compliant hiring practices 

Today, many EORs focus on cutting corners or hiring employees as contractors, which can lead to serious compliance risks and fines. Through our hyperlocal EOR model, we ensure that your employees are classified correctly. We can also help you convert contractors to full-time employees.

9. Access to a hands-on customer support manager

Justworks pairs each company with a seasoned customer support manager who is tasked with answering all of your questions and supporting your team. Your customer support manager is also a strategic consultant, prepared to help you structure your team abroad and begin expanding into new markets. 

Interested in learning more about Justworks’ EOR services? If so, get started today.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, legal or tax advice. If you have any legal or tax questions regarding this content or related issues, then you should consult with your professional legal or tax advisor.
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Written By
Blog Author - Justworks
Justworks
Jan 23, 20244 minutes

Justworks is a technology company that levels the playing field for all small businesses. Through our software and as a partner, we help our customers take care of their teams, streamline their operations, and navigate the complex aspects of managing a workforce with confidence.

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