PEO vs EOR: Similarities & Differences, Which One to Choose For Business
When it comes to business growth and global expansion, especially for small or mid-sized businesses, Professional Employment Organizations (PEO) or Employer of Record (EOR) services can help you realise the HR capacity to optimise your workforce or manage your remote team. Efficiency, cost-effectiveness, and streamlined HR processes are some of the advantages that are associated […]
3 Ways A PEO Helps Your Growing Business
HR, when used strategically, can unlock plenty of opportunities and growth for a business. However, HR is also often burdened by administrative work, which can potentially hinder strategic planning. Local labour laws in Asia Pacific can differ vastly, and hence, is a challenge to navigate. This is just one of many HR challenges that […]
How A PEO Helps With Risk Management
Risk management is a critical component of running a business. Strategic risk management usually includes protecting employees’ safety via insurance protection, mitigating legal exposures via compliance, and avoiding hefty non-compliance fines due to unfamiliarity with the local laws.Any organization can benefit from partnering with a PEO, even companies with an in-house HR team. PEO is […]
EOR Innovations That Add Value To Your Company
And if you want the best of both worlds, AYP offers PEO solutions too. EOR stands for Employer of Record, a third-party organisation that does hiring and payroll on behalf of businesses. They take responsibility for all formal employment tasks, and enable businesses to legally hire overseas workers in another country without setting up a […]
Things to Look At Before Considering an EOR Solution
Need to hire or onboard employees? Your business can gain so much more with the help of an EOR like AYP. Businesses from all over the world have been turning to Professional Employer Organisations (PEO) and Employers of Record (EOR) in pursuit of smoother business expansion. These services essentially help businesses like yours to streamline […]
PEO: The Solution to Business Payroll Compliance
Hybrid workforces are on the rise, but there’s an answer to the woes of increasingly complex payroll requirements. The hybrid workforce model has been hailed as the workforce of tomorrow for businesses everywhere. With this new work model, you can run your company with staff from anywhere in the world. That being said, many businesses […]