In today’s competitive landscape, international recruitment offers a strategic advantage for businesses. IT companies are seeking ways to optimize budgets and manage resources effectively by tapping into talent across various countries. Managing an international workforce while coordinating HR processes, taxes, local regulations, and employee integration can be complex. Partnering with a Professional Employer Organization (PEO) can streamline international hiring and facilitate business expansion.
In this guide, we’ll outline the services and outcomes offered by GEOR as a provider of professional employment outsourcing. We’ll explain how we collaborate with clients, the guarantees we provide, and the costs involved.
What Services Does GEOR Provide as a PEO Service Provider?
If you’ve decided to integrate a PEO into your company, or if you are still evaluating its suitability for your business model, check out our comparative chart.
Compare alternative staffing methods to determine what best fits your business needs. PEO are particularly beneficial for small and medium-sized businesses that may lack the resources to establish in-house HR and accounting departments and to ensure full compliance with all regulatory requirements.
Once you have clearly defined the services you require from a provider and the standards they must meet, let’s delve into what GEOR offers and the expected results.
- Recruitment and hiring
GEOR manages all recruitment processes: identifying suitable candidates, evaluating their qualifications, experience, skills, and offboarding. Acting as the official employer for your staff, we handle hiring both domestically and internationally. If a hired employee is not a good fit, we will provide a replacement within 10-20 days during the probation period.
Note: PEOs address the issue of staffing shortages, simplify hiring, reduce risks associated with international growth, and allow you to focus on strategic business tasks. However, you remain responsible for some HR, accounting, and compliance tasks.
- PEO for payroll and employee management
We handle all aspects of HR administration and payroll management, including salary payments, benefits administration, tax withholding, and mandatory reporting, as a leading PEO payroll company, allowing you to focus on core business activities.
- Overtime management
We calculate overtime, handle taxation, and compliance with legal requirements to ensure adherence to regulations.
- Regular reporting and analytics
We provide current insights into your international workforce through reports and software, enabling you to make informed decisions based on real data.
«The essence of working with any PEO company is that it liberates your company’s resources and saves your time».
- Workforce forecasting
In addition to the previous point, we assist with workforce forecasting to predict staff shortages and secure additional resources to meet all project and plan deadlines.
- Regulatory compliance
We ensure all hiring processes are legally compliant and assume management of associated risks.
Trust but Verify: A Case Study on How the Company
Failed to Launch a Project Due to Staffing Shortages
Step-by-Step Interaction with a PEO – Your Co-Employer
What is the process of working with a Professional Employer Organization (PEO) like? Here are the steps we follow with clients when starting our role as a PEO provider:
PEO for Peace of Mind
Step #1 We begin with a preliminary consultation to discuss your business goals, expansion plans, and staffing needs.
Step #2 Based on this information, we develop a customized solution tailored to your objectives and compliant with local regulations.
Step #3 We enter into a contract with the client company. Upon starting, the GEOR becomes the official employer for your employees and manages all aspects of payroll and benefits through its PEO payroll services.
Step #4 Our team manages the complete employment process: contract drafting, employee onboarding, and payroll administration in the target country.
GEOR enables you to hire IT specialists from over 100 countries, leveraging our database of over 40,000 vetted professionals and advanced PEO management software.
Step #5 As your Employer of Record (EOR), we handle all legal and administrative responsibilities for your foreign employees, ensuring compliance with local labor laws and regulations.
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What Benefits Do Our Clients Gain from Partnering with GEOR?
Transparency and client convenience are core principles at GEOR. We provide software that keeps clients informed remotely:
- Time and performance tracking tool, ensuring all employees stay on task and meet deadlines.
- Benefits and compensation management software, ensuring compliance with regulations and internal policies.
- Our ERP Platform (Enterprise Resource Planning) houses all employee data, organized and accessible via an admin panel.
GEOR utilizes its proprietary ERP platform, offering clients easy administrative access to all employees and contractors, while GEOR experts oversee onboarding, billing, payroll, and tax processes through a unified HR management system.
If needed, we can develop a connector for «seamless» integration between your existing systems and ours, allowing for automatic data transfer in and out of our system. If the client is ready, they can fully transition to our system.
A review from our esteemed client at “N Technologies”
In addition, partnering with GEOR as a PEO benefits not only our clients but also their employees. Streamlined processes enhance talent productivity and facilitate swift adaptation.
What Quality Guarantees and Support Do We Provide?
GEOR specializes in IT recruitment and offers rapid recruitment of IT professionals to organizations worldwide. We have 1,344 experts from 7 countries with a minimum of 5 years of experience, ensuring high-quality service.
GEOR adheres to international standards developed by ISO
(International Organization for Standardization)
Our managers offer 24/7 support for remote employee, vendor, and contractor management. We address any personnel-related questions and keep you updated on your foreign employees’ status and local legal updates.
What Are the Costs and Are There Hidden Fees?
Most PEOs charge a fixed fee per employee or a percentage of your company’s total payroll, regardless of your business size.
We offer ready-to-work candidates hourly rates, eliminating high recruitment commission fees and the need for employee documentation processing and monthly operational costs. The average markup for one employee is 20%, significantly lower than freelance recruiter commissions by about 5 times. You can calculate independently how much employees would cost with GEOR as your PEO provider.
Ready to optimize your global hiring process and leverage our expert PEO services? Complete our service request form today to get started. Our team is ready to answer any questions and guide you through every step. Click below to fill out the form and begin your journey with GEOR.