Global PEO Services
What is PEO?
International PEO (Professional Employment Organisation) is a model of outsourcing the employment of international staff to a third-party provider. Employees are hired by the third-party (known as the Employer of Record) in each country eliminating the need to establish or maintain a foreign corporate entity to manage staff. PEO can also be referred to as GEO (Global Employment Outsourcing) or Employee Leasing.
Advantages of using the PEO Model
Time to Market
Dramatically reduce the turnaround time in establishing a local presence in each country. The GEO/PEO model allows immediate (within days) deployment of staffing requirements locally, meeting legislation/compliance without having to wait months setting up local subsidiaries and applicable back office requirements.
Setting up/Shutting down local entities and the applicable legal/accounting/HR/Payroll elements can be expensive. Is there a need for a permanent presence? Increase revenue and respond to business/market demands by having agile and responsive resource deployment.
Do you even need to establish an entity in the relevant country? Each situation is unique and sometimes a permanent establishment is not the best solution. Having to manage local compliance across a range of jurisdictions is a Head Office’s worst nightmare. By outsourcing the risk, you outsource the headache.
Businesses are 50% less likely to go out of business one year to the next using the PEO model. (NAPEO Whitepaper - The State of the PEO Industry 2016)
Contactor vs Employee
Have the flexibility to engage each worker appropriately and legally. Permanent, Full Time, Part Time, Casuals, you name it, we have it covered, legally bound and remunerated according to local legislation. Don’t get caught out paying contractors illegally, ensure taxes/social payments are being withheld and paid, the penalties for getting it wrong are not worth the risk!
Best of all, you can attract, (migrate if need be) and keep permanent staff long term, The engagement and communication process can be created as an extension of your current business, linked to your brand and culture, as if they are an internal worker of your company. Happy, included workers are productive workers.
Like all expansion, it is imperative to plan for exiting a market if need be. The PEO model allows for minimum fuss when leaving a country and best of all is you avoid any close down of entities and the subsequent headaches and risks attached.
How does it work?
We holistically analyse your needs and guide you through options and in-country requirements. We then build a relevant proposal and service agreement, including an itemised breakdown of the costs involved. You can budget and decide accordingly, no lock in/long term contracts in play, we are as flexible as you need to be.
We establish your account up and build relevant employment contracts for the worker(s). This is customisable and can include your company policies and any relevant procedures.
We on-board the worker using the approved employment contract, and any other company procedures/inductions and cultural requirements. Our HR & Onboarding system makes this process quick and easy.
Where needed, we can provide local support and guidance to the worker and client. This includes a courtesy call to the employee to answer any questions, salary packaging options, Employee Self Service training, expense management, cultural inclusion activities and much more. See our HR Services page for more value-add services we offer.
We build Monthly Payroll/Invoices as scheduled. Our processes ensure these are accurate, on-time and professional.
You have around the clock access to a dedicated payroll/HR manager to discuss bonuses/incentives/performances/ terminations and any other HR/ongoing employment items. No matter the time zone, we are available to support where required. Again, we ensure you are meeting local compliances at all times.
We provide extensive and customisable global reporting. We use leading and modern technology appropriate for each country and client. You have access to fully online, 24/7 report access.
Value Added Services
- Pre-employment verification and checks
- Travel Booking & Expense Management
- Office Space & Hot Desking
- Relocation & Cultural inclusion services
- Salary Packaging, Cars and more
Our HR & Onboarding Software Suite
Supporting our New Zealand team is our web-based HR & On-boarding tool which enables the streamlined and transparent recruitment of global staff. Our software builds and sends compliant contracts, policies and documents that are catered specifically to your requirements. Employees fill in all data online, and then sign and acknowledge documents and policies via electronic signature. All data is kept in a secure environment and accessible for future reference and action when needed.
Cutting Edge Technology
It is crucial to use the latest in software to offer enhanced levels of efficiency when working on the global scale. Our in-house technology team ensure we are using the best-of-bread technology to provide innovative solutions to our clients.
Easy Payroll have established, maintain, and continuously enhance security measures and controls that safeguards the assets and the interests of both our company and our clients.