Employer of Record in Europe

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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.

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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: 

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

Building a remote team?

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