Today in volatile market, companies look for better recruitment solutions. The providers of Employer Organisation (PEO) service and the Employer of Record in Singapore enable them to do it quickly. These providers help you expand your distributed workforce. They streamline the recruitment process expertly and align it with the legal framework dictated by the Ministry of Manpower (MOM). If you are in a hurry to expand your distributed team, the question is, “Whether you should choose a PEO service or an Employer of Record in Singapore?” To choose correctly, you will need to know more about these entities.

What is an Employer of Record in Singapore?

An Employer of Record in Singapore is a registered employer on the record. It is a company that helps you streamline employment engagements. They ensure that every employment contract is compliant with the Singaporean Employment Law. EOR is responsible for hiring, payroll management, Central Provident Fund (CPF) contributions, insurance & benefits management, taxes and other HR-related tasks. They also take care of Singapore work passes for the employees.

How to Choose Between an Employer of Record & PEO Service

Before hiring a provider of PEO service or an Employer of Record in Singapore, you need to understand your business and administrative/legal needs and choose accordingly. Remember that your EOR is the full legal employer of your distributed team. On the other hand, your PEO, along with you, is its co-employer.

If you need to hire full-time, permanent employees in Singapore, you may choose a Singapore PEO service provider. They will assist in your expansion into Singapore. You will need to take care of operations and overall management. Your Professional Employer Organisation (PEO) service will handle the rest.

If you want to hire a talented distributed team, hire an Employer of Record in Singapore. Your EOR will handle all its HR and employer-related activities and enable you to focus on the core responsibilities. Your Employer of Record in Singapore reduces time, hassle, and cost of your distributed team.

Call us on +65-6536 0036 or email us at [email protected] for our customised recruitment solutions.

Recruitment Agency Singapore - Nimmish is a well-known global manpower consultancy based in Singapore - Recruitment and Staffing Solutions.