Role And Liabilities Of EOR Service Providers For Making The Right Choice

Managing the expansion of a business into overseas markets can be a complicated task. This is especially true in case of organizations seeking growth opportunities in countries like Israel, where the labour laws tend to be extremely stringent. However, with the growing need to cater to a global audience for better business sustenance, most organizations have no option than to take up this challenge. In this context, partnering with the right company offering the services of employer of record Israel can prove extremely beneficial. This single decision can go a long way in enhancing the business productivity and goodwill besides ensuring that the expansion is carried out in a successful manner.

Choosing The Right EOR Service Provider

Hiring the right EOR service provider can help business organizations to ensure that they enjoy a positive employer-employee relationship with the members of their workforce. This is because such service providers ensure that the employees are treated with respect and their needs and expectations are fulfilled in a consistent and comprehensive manner. However, in order to gain all these benefits, it is important to choose the right EOR service providers with respect to their experience and know-how about the labour laws of Israel. One way of ensuring the same is to gain a thorough understanding of the responsibilities and liabilities of such service providers.

 

Responsibilities Of An EOR Service Provider

The primary responsibility of a company offering employer of records services is to ensure that their client companies have a committed and reliable workforce. Fulfilling this responsibility comprises of providing the below listed services with respect to the employees of the clients.

• Handle all communication related to the employees with third party individuals and organizations.

• Handle the various taxation details and issues of the employees and provide proper representation to them in such issues.

• Manage the various aspects of payroll services Israel for the employees on behalf of the clients.

• Establish direct deposit for the employees and forward any debits that need to be deducted from their paycheck.

• Offer and process employment contracts for the employees and hold the same at all times on behalf of the client.

• Handle the various claims of the employees including unemployment claims and workers compensation claims.

• Conduct direct communication with the employees with regard to the available benefit package options.

• Work towards finding a positive resolution to the employee complaints in accordance with client policies and employee needs.

 

Liabilities Of The EOR Service Providers

In addition to the above mentioned responsibilities, the providers of EOR services also pose the following liabilities for the clients. Even though they are referred to as liabilities, these do not actually hinder the working of the business in any manner. Rather these are actually the various ways in which a business organization can benefit by hiring the EOR services.

• The companies offering such services share the employment responsibility with the clients and even though they are not involved in the day to day working and management of the employees.

• The EOR service providers handle all the responsibilities as well as the liabilities of the employees of their clients, leaving the management completely stress free to focus on the various business growth opportunities.

• The EOR ensures complete compliance with all the mandated regulations with respect to individual employees, including management and processing of their insurances.

• The EOR addresses any complaints with regard to employee contracts and try to provide an on-house solution for the same, without actually involving the clients, in person or even remotely.

• The EOR service providers maintain their business registration status at all times and even handle the various issues related to the termination of an employee by the client company.