Borderless launches Employer of Record in UK: See how it benefits your business

Sleek v2.0 public release is here

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What has changed in our latest release?

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All new features available for all public channel users

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Coding collaboration with over 200 users at once

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Real-time code save every 0.1 seconds

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Borderless UK EOR 2.0 release is here

Following close to 2 years of research and development working in tandem with some of the most specialist UK legal & compliance representatives we are pleased to announce the launch of our version 2.0 of our UK Employer of Record structure.

The UK has been a leading geography that Borderless has focussed on penetrating however we understand that in order to successfully win the hearts and minds of clients, we had to offer something world leading to UK employers.

What has changed in our latest release?

Our latest employer of record provides a systemic offering that allows customers to hire, fire, management HR and provide a full suite of staff workplace benefits at the same time.

We are focussed on building strong partnerships with the likes of Wagestream & Juno in order to ensure that employers can put their employees first. While we work to create operational savings, your team are the ones that are driving your business forward and supporting them with top quality benefits that actually get used is proven to deliver increased output & happiness.

What is an Employer of Record?

An employer of record (EOR) is a global employment services provider that helps you employ people legally in other countries. Your EOR handles payroll, benefits, taxes, stock options, and local compliance, freeing you to focus on your team.

Your employer of record’s biggest responsibility is acting as the local employer on paper for your employees in other countries. Your EOR shields your company from liability and compliance risks by employing workers legally on your behalf.

In addition, an employer of record handles the complicated HR work that accompanies hiring workers in other countries. Different places have different rules for things like how often employees should be paid, which currencies are allowed, how much paid time off employees must receive, and so on. Your employer of record manages all of these complexities on your behalf, so you can spend less time on administrative work and more time on growing your business.

Importantly, an EOR is not involved in the management of the employee’s tasks or performance. You work with employees employed through an EOR the same way you work with any of your other employees. The only difference between an employee in your office and an employee under an EOR in another country is in who handles the paperwork.

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“With recession looming, UK businesses are looking for every edge to streamline, improve margin and minimise costs. Our Borderless Employer of Record offers employers direct savings that can translate to margin gains and improvements to capital efficiencies”

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Savings for your business

Alongside the standard benefits of tightened levels of local compliance, we are also able to save your business a variety of other costs often attributed to the management of international & local payroll. If you are a business and are looking at cost reduction strategies, we would welcome you getting in touch to understand further about your current processes and if we are able to assist in generating savings for your business.

While each business is different, in some cases we have been able to create substantial savings comparative to gross payroll cost without affecting their output & staffing resource.

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