Eliminate international contractor risk
November 17, 2024
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Two paths to compliance: Employer of record or entity to convert workers to employees
With the rise of work-from-anywhere employment, more and more businesses are hiring workers beyond borders. Hiring in other countries can provide access not only to a wider talent pool, but also to niche skill sets and local market expertise.
Related: Global hiring playbook
Many of these hires are freelancers or consultants who are brought on for a limited time or specific project—a category of worker typically referred to as an independent contractor.
Unfortunately, someone you consider and compensate as an independent contractor may be classified as an employee according to employment law in the country where they work. If you’ve misclassified someone on your payroll, your organization could be at grave risk of massive fines, a business shutdown or even jail time.
Related: Independent contractor or employee? Avoid misclassification and protect your organization from risk
This ebook helps you understand the risk and evaluate your options for eliminating it, most notably, converting international contractors to employees. We cover:
- The difference between a contractor and an employee
- What’s at stake if you have misclassified workers abroad
- Ways to convert contractors: legal entity vs. an employer or record (EOR)
After you download and read the ebook, contact us to learn more about how we help companies eliminate risk when using international contractors.