Work with a local professional and delegate your employment and payroll tasks to save money and concentrate on your expansion.
What Is A PEO?
A Professional Employer Organization or PEO is an organization that co-opts into mutually beneficial employment agreements with employers by leasing professional workers. A PEO is able is tasked with managing and sharing employee-related liabilities and responsibilities, allowing the employer to concentrate on business growth and day-to-day operations.
Businesses can outsource HR functions to a PEO such as handling employment taxes, insurance, payroll administration and employee compensation, worker benefits and many more.
How Does A PEO Work?
From a legal standpoint, PEOs and employers work in a framework commonly known as co-employment or joint employment. This means employees are employed by both the international PEO and the company that wishes to expand its operations.
However, the professional employer organization can undertake all aspects of employment services and payroll management, leaving the expanding organization to concentrations on operational elements, as opposed to potentially complex local employment processes.
Why Use A PEO?
Working with an international PEO is the fastest way to pay and hire an employee globally. It eliminates the stress of creating a new corporate entity overseas and attempting to stay compliant with local employment regulations.
TopSource Worldwide provides international PEO services that allow you to hire overseas and make recruiting abroad easy. We support businesses looking to expand into new international markets using our comprehensive expertise and infrastructure.
Maybe you want to recruit workers globally now that remote working is the new norm. We can get your new employees working as soon as possible, regardless of where they are located.
Benefits of Using A Global Professional Employer Organization
• Employ internationally without creating a local company
Begin recruiting employees from around the globe without having to set up companies in every state, country or jurisdiction you expand into.
• Stress-free payroll
Outsource your human resource and payroll obligations so that you can focus on running your company.
• Global compliance
Employ securely and legally regardless of where you’re expanding.
• Country-specific expertise
Enjoy country-specific employment guidance from on-ground experts.
• Employee benefit packages
Delegate employee benefits like holiday allowance and health care coverage to local experts.
• Global HR Support
Get HR insights at your own convenience for better workforce management.
Choose TopSource Worldwide as your preferred professional employer organization, and we’ll take care of your HR and payroll obligations for you. We recruit for you, making sure you stay compliant so that your global expansion journey is as smooth as possible. You will still be able to decide who to hire and fire. We will simply handle the rest.
TopSource Worldwide are a reputable PEO firm with headquarters in the UK. We have an extensive global footprint, and we specialize in employment contracts, global employment benefits, global HR outsourcing, multi-country payroll, Employer of Record (EOR) and many other services.
How It Works
1. Give us instructions as your PEO
Get your very own professional account manager when you choose to work with us.
2. Recruit & onboard employees
Expand your workforce in your target market or region with help from our experts.
3. We will handle both national and local law compliance
We’ll make sure all your employees are employed ethically and legally wherever they are.
4. You concentrate on your global expansion and growth
Run your company and leave the rest to us.
What’s the difference between an EOR and a PEO?
An EOR employs global employees directly and most often assumes all operational and legal obligations. A PEO co-employs employees together with a partner company that is looking to expand internationally, taking up certain operational and legal obligations.