An Employer of Record (EOR) is a third-party entity that takes full responsibility for the employment of an individual on behalf of another company.
Under an EOR employees are not “co-employed” like they are with a Professional Employer Organization (PEO). An EOR acts as a legal employer, hiring an employee to perform services for a different company.
At Oyster, we provide EOR services through our platform. As an EOR, Oyster is the legal employer of our customers' employees and as such, Oyster is responsible for:
In countries where Oyster does not have a direct entity, we use trusted Employer of Record Vendors to manage workers employed there. In these cases, the vendor is the legal employer.
Find out more about how Oyster can make it easy for your company to hire globally.
Disclaimer: This article and all information in it is provided for general informational purposes only. It does not, and is not intended to, constitute legal or tax advice. You should consult with a qualified legal or tax professional for advice regarding any legal or tax matter and prior to acting (or refraining from acting) on the basis of any information provided on this website.
