Europe

Employer of Record in Europe

Establishing a distributed remote team in Europe comes with challenges like hiring the right talent, managing their payroll, staying compliant with local laws, and more. These tasks are essential, but also very daunting. 

With an Employer of Record (EOR) in Europe, you can now have a team of your own without setting up a local legal entity. Skuad is an Employer of Record that simplifies hiring and compensation of full-time employees in a foreign country.

Employment in Europe - Facts and Stats

• The slow recovery of the European job market following the late-2000s global financial crisis came to an abrupt end in 2020, with the onset of the Coronavirus pandemic in the spring of that year. 
• There were 227.4 million persons employed in the European Union and the United Kingdom at the end of 2019, with this number expected to fall by six million in the first half of 2020.
• The employment rate in the EU's 27 member nations fell to 66.9 percent, the lowest since early 2018. 
• The unemployment rate, which had fallen to as low as 6.4 percent in January 2019, has quickly risen to 7.7 percent by the summer.
• While the great majority of European employees work full-time, a rising proportion of Europeans exclusively work part-time. There are also a large number of self-employed people and individuals who only work on a temporary basis. 
• Working from home is another flexible working arrangement that has grown in popularity in recent years, with 37.2 percent of Swedish employees able to take use of it in 2019, compared to the European average of 16.1 percent of workers.

How does an employer of record (EOR) work?

Skuad is an Employer of record in Europe, which serves as a Global HR Platform for companies looking to hire and pay remote talent. Partnering with an employer of record allows organizations to legally and effortlessly hire the best talent in Europe, without setting up a local legal entity. Skuad manages the hiring and onboarding of employees, runs payroll and provides statutory benefits, gives ongoing legal and HR support, and much more.

Skuad provides Employer of Record services in the following European countries: 

• Russia
• Germany
• United Kingdom
• France
• Italy
• Spain
• Ukraine
• Poland
• Romania
• Netherlands
• Belgium
• Czech Republic (Czechia)
• Greece
• Portugal
• Sweden
• Hungary
• Belarus
• Austria
• Serbia
• Switzerland
• Bulgaria
• Denmark
• Finland
• Slovakia
• Norway
• Ireland
• Croatia
• Moldova
• Bosnia and Herzegovina
• Albania
• Lithuania
• North Macedonia
• Slovenia
• Latvia
• Estonia
• Montenegro
• Luxembourg
• Malta
• Iceland
• Andorra
• Monaco
• Liechtenstein

Talk to our People Ops experts to discuss your requirements and see how Skuad can help. Book a demo today!

FAQs

What is an employer of record in Europe?

An Employer of Record (EOR) in Europe, is a third-party organization that legally employs your international workforce without a local entity and compliantly manages payroll, taxes, benefits, devices, work visas, background checks and more.

What are the benefits of EOR?

An Employer of Record helps client companies with quick market entry into new regions, compliantly recruiting and managing of foreign employees without a local entity while reducing administrative overhead and also takes care of onboarding, payroll management, taxes, benefits administration, insurance, devices, work visas, background checks and more.

How much does an EOR cost in Europe?

The Employer of Record in Europe usually costs between $300 to $2000+ per month depending on the EOR you choose. For instance, the EOR provided by Skuad (A Payoneer Company) starts from 199 USD per employee.

What is the difference between an EOR and a PEO?

An Employer of Record (EOR) becomes the legal employer of your workforce and manages payroll, taxes, benefits, compliance and more without a local entity whereas a Professional Employer Organization (PEO) co-employs your employees with shared responsibilities of payroll and HR via a local entity.

What is the best employer of record in Europe?

Skuad, a Payoneer company, is one of the best employer of record companies in Europe. Partner with Skuad EOR to compliantly hire employees and manage payroll, benefits, taxes and more without a local entity.