What is an Employer of Record (EOR)?
At its simplest, an Employer of Record (EOR) is an entity that assumes full legal responsibility for employing workers on behalf of another business.
When you hire through Rise, we become the legal employer of your international hires. We take full responsibility for the compliance, payroll, taxes, and benefits, while you retain complete control over the day-to-day operations, goals, and projects of your employees.
This frees your business from the complexities of local employment laws, making it easier for global companies to hire in different countries without having to establish a legal entity in each location.
What Does Rise EOR Handle?
Rise EOR takes on comprehensive employer responsibilities to ensure you remain compliant while scaling fast:
⚖️ Total Compliance: We ensure every contract adheres to local labor laws, protecting your business from fines and legal headaches.
💸 Global Payroll: We manage payroll processing and local taxes, ensuring your team receives compliant payslips and timely payments.
🚀 Seamless Onboarding: Once you find the perfect candidate, we manage the employment agreements and set up the necessary processes to get them started instantly.
🏥 Benefits Management: From health insurance to parental leave and time-off policies, we ensure your team gets the local benefits they deserve.
📄 Contract Terminations: If a relationship ends, we handle the off-boarding process in full compliance with local termination laws.
Why Choose Rise EOR?
There are several scenarios where using an EOR is particularly beneficial, especially when facing talent shortages or increased competition.
Rapid Market Entry: Rise EOR enables businesses to quickly hire local talent before establishing a legal entity. This facilitates rapid market entry and helps address skill shortages immediately.
Mitigate Risk: We help organizations mitigate employment risks associated with hiring contingent workers and managing compliance with constantly changing local labor laws.
Cost Savings: Establishing a legal entity in a foreign country is expensive and slow. Rise allows you to expand into new markets without high upfront costs.
Strategic Focus: By offloading HR and compliance complexities to us, your leadership team can concentrate on core operations and strategic growth.
Capital Efficiency: Unlike traditional EORs, we do not require burdensome upfront payroll deposits. We leave your capital free for you to use, rather than locking it away in security deposits.
EOR vs. PEO: What’s the Difference?
It is common to confuse an EOR with a PEO; however, they are distinct models.
PEO (Co-Employment): With a PEO, you operate under a "co-employment" model where you share legal responsibility (and risk) with the provider. This usually requires you to have a registered entity in that country already.
Rise EOR (Legal Employer): With Rise, there is no co-employment. We act as the sole legal employer, assuming full legal responsibility for compliance. You do not need a local entity.
Secure, Compliant, and Built for the Future
At Rise, we take security as seriously as you do. Our platform is built to protect your business and your data:
SOC 2 Certified & GDPR Compliant: We have undergone thorough audits to ensure we meet the highest standards of security and data privacy.
Bank-Grade Protection: All information is protected by multi-factor authentication and high-level encryption.
Regulated Status: Rise Works Inc. is registered as a Money Service Business in the United States, with a FinCEN registration number 31000314184255. Rise Works Licensing LLC (NMLS ID: 2563938) is registered as a Money Service Business in the United States, with FinCEN registration number 31000314184274. The company holds licenses in 24 U.S. jurisdictions:
Got questions? Don't hesitate to contact our dedicated support team at hello@riseworks.io