In the next five years, 54% of respondents to the CFO Research’s Survey claimed their organizations will hire an EOR to support their global business strategy. These figures are not shocking given that EOR provides businesses all around the world with a lot of wonderful advantages.
Company estimates that up to 70% of the world’s workforce is currently available for remote work.
Time, money, and connections to a bigger talent pool are all benefits of practical EOR solutions for your company.
Let’s see what people think….
1. What Do Consumers Believe About Eor Being Crucial To An Organization?
Answer Type
Agree
Strongly Agree
Disagree
Strongly Disagree
Response (%)
15.9%
23.6%
8.11%
5.9%
Percentages (%)
21.3%%
54.7%
24.8%
6.9%
2. Is Using An Employer Of Record Legal?
Answer Type
Yes
No
Response (%)
48%
2%
Percentages (%)
89%
0. 5%
3. Are Services Provided By An Employer Of Record Expensive?
Answer Type
Yes
No
Response (%)
42%
8%
Percentages (%)
92.3%
0.6%
4. Who Has The Most Need For Employers Of Record Services?
Answer Type
Entrepreneurs
Mail Forwarding
Telephone Answering
Response (%)
17.4%
28.5%
9.3%
Percentages (%)
33.5%
44.6%
17.9%
5. What Services Could Our Employer-of-record Be Able To Offer Your Business?
Answer Type
Local knowledge
Tax compliance
Long-term strategy
Cost-effective
Selection (%)
19.3%
15.4%
16.8%
18.2%
All Question Responses
24.5%
21.3%
26.7%
37.8%
6. How Does The Employer Of Record Concept Work?
Answer Type
Cost
Need
Strength
Quality
Selection (%)
17.4%
11.3%
26.7%
19.2%
All Question Responses (%)
36.2%
21.2%
32.11%
41.6%
7. What Adjustments Do You Think We Should Make To The Employer Of Record?
Answer Type
Flexible and varied work environments
Employees ought to be paid promptly
Local benefits for employees
Selection (%)
22.3%
26.8%
19.9%
All Question Responses (%)
32.3%
2.3%
28.9%
8. Are There Any Services We Could Provide To Immigrants As A Record Employer?
Answer Type
Persons with no residence
Residency
Permit holder
Selection (%)
8%
21.6%
21.5%
All Question Responses (%)
4.6%
28.3%
22.1%
9. When Does Your Business Need The Assistance Of An Employer Of Record?
Answer Type
Employ several workers
Improve employee experience
Save time & money
Selection (%)
25.6%
11.6%
21.8%
All Question Responses
44.1%
19.3%
11.12%
10. How Valuable Is An Employer Of Record (Eor)?
Answer Type
Very Valuable
Not Very Valuable
Response (%)
33.8%
19.2%
Percentages (%)
85.3%
28.3%
The geographical location of employees is no longer important to businesses nowadays as long as they can meet predetermined goals. But it’s not easy to hire a remote, international crew. Most businesses now use Employer of Record services in order to create a successful worldwide team without having to deal with foreign business setup hassles. Scaling an ideal international team is made much more flexible using EOR.
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