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An Employer of Record is like your business's behind-the-scenes superhero. They tackle all the complex stuff so you can focus on growing your business. They handle payroll, benefits, taxes, and even tricky things like compliance with local labor laws. It's their job to take care of your people, so you can take care of business. But what exactly does an Employer of Record do? Let's find out.

Key Responsibilities

Payroll Administration

Simply put, an Employer of Record takes the headache out of paying your employees. They make sure everyone gets paid on time, every time. And it's not just about handing out paychecks. They also handle all the tax deductions, benefits contributions, and other bits and bobs that go into a paycheck. So, instead of worrying about calculations and deadlines, you can focus on your business.

Tax Compliance

Navigating the maze of tax laws can be a real headache. That's where your Employer of Record comes in. They handle all the tricky business of making sure you're on the right side of tax payments and deductions. They do all the paperwork, meet all the deadlines, and keep you out of trouble. So, you can breathe easy knowing that your tax obligations are all taken care of.

Employment Contracts

When it comes to employment contracts, your Employer of Record has it covered. They make sure every 'i' is dotted and every 't' is crossed. They handle creating contracts, managing changes, and even ending contracts if needed. So, you don't have to worry about any legal stuff, they got it all under control.

Benefits Administration

Benefits can be a tricky business, but your Employer of Record has it all sorted. They handle everything from health insurance to retirement plans. They'll set everything up, answer any questions, and make sure it all runs smoothly. So, you can sit back and know your team's benefits are in good hands.

When to Consider an EOR

If you're growing fast and hiring people left, right and center, it might be time to consider an Employer of Record. It's also a smart move if you're stretching into new countries and need to keep up with different labor laws. Or maybe you just want to free up time to focus on what you do best - running your business. If any of these sound like you, then bringing an Employer of Record onboard could be just the ticket. They'll take care of all the administrative and legal headaches, so you can keep your focus where it should be - on growing your business.

How EOR Differs from Other Employment Models

EOR vs. PEO

An Employer of Record (EOR) and a Professional Employer Organization (PEO) might sound like they do the same thing, but there's a key difference. When you team up with a PEO, you're basically sharing the responsibility for your employees. You're still in the picture. But with an EOR, they fully take over the nitty-gritty of employee management. It's like they step into your shoes and take care of all those pesky administrative tasks. So, while both EORs and PEOs give you more time to focus on your business, an EOR really lets you step back and leave the admin stuff to the experts.

EOR vs. Direct Employment

With direct employment, you as the business owner handle everything about employing your team. You're in charge of hiring, firing, paying everyone, making sure taxes are sorted, dealing with benefits and sorting out contracts. It's a lot of work, and it takes your time away from actually running your business. But when you work with an Employer of Record, you can hand over all these responsibilities to them. They take care of everything and let you get back to the important things.

EOR vs. Freelancers/Contractors

Working with freelancers or contractors is like having a team on demand. You bring them in for a project, and when it's done, they're off to their next gig. It's flexible, but you've got to handle all the contract stuff, payments, and usually taxes too. But with an Employer of Record, they can manage all that for you. It’s like having a backstage crew handling all the paperwork while you keep the show running on stage. So, if you want flexibility without the admin hassle, an Employer of Record could be your way to go.

Conclusion

In a nutshell, an Employer of Record (EOR) is like the invisible hand that helps your business run smoothly. They take care of all the behind-the-scenes stuff like payroll, taxes, compliance, contracts, and benefits. So, you can keep your eyes on the prize - growing your business. They're a great choice if you're expanding, hiring a lot, or just want more time to focus on your business rather than administrative tasks. The difference between an EOR and other employment models is that an EOR fully takes over the administrative roles, saving you from all the complexities. So, when you have an EOR, you've got more time to do what you do best - running your business.

Filipino talents are highly sought after by employers around the globe mainly due to their exceptional work ethic and adaptability. They're known for their resilience and ability to handle pressure, ensuring tasks are completed no matter what. Moreover, their excellent English language skills and cultural adaptability make Filipinos easy to work with, fostering stronger global team collaborations.

Cultural Compatibility

Filipino work ethic and values

Filipino culture places a great emphasis on hard work, dedication, and respect for authority. This translates into Filipino employees being efficient and diligent workers who are focused on achieving their goals. They also have strong values of teamwork and collaboration, which make them valuable assets in any team-based project.

Adaptability and Teamwork

In a global setting, being able to adapt to various situations is a critical skill, and this is where Filipinos shine. They are known to be quick learners and can adjust to changing work environments with ease. But it's not just about individual adaptability. Filipinos are also fantastic team players. They understand the importance of unity and collaboration, making it a joy to include them in diverse international teams. Their knack for building strong relationships with their colleagues, regardless of cultural backgrounds, is truly invaluable.

English Proficiency

High English proficiency rates in the Philippines

Filipinos are pretty good at English! Not just in speaking, but in reading and writing too. Philippines schools teach English from a young age, so most people grow up being fluent. This means they can easily communicate with teams around the world, understand complex instructions, and even lead international projects. It makes things smoother for everyone!

The advantage of bilingualism

Being bilingual, especially in English and Filipino, is a big plus! It's like having a superpower in the business world. It enables Filipino workers to switch between languages effortlessly, making it easier to understand and connect with people from different parts of the world. Plus, it's a great skill when it comes to problem-solving and thinking creatively. So, being bilingual is not just about communication - it's about bridging cultures, fostering understanding, and enhancing collaboration.

Education and Skill Set

Quality education system

The Philippines has a strong education system, with some of the best universities in Asia producing top-notch graduates every year. This means international employers can expect a highly skilled workforce that is well-equipped to handle complex tasks and adapt to different roles quickly.

Technical and soft skills possessed by Filipino workers

Filipino workers possess a wide range of technical and soft skills that are highly desired by international employers. These include IT proficiency, project management, customer service, and problem-solving skills. Additionally, they also have strong interpersonal skills like empathy, adaptability, and cultural awareness, making them valuable assets for companies with diverse teams.

Cost-Effective Workforce

Competitive labor costs

The Philippines offers high-quality talent at a fraction of the cost. By hiring Filipino workers, companies can save a lot, while still getting top-notch services. It's like getting a premium deal without the premium price tag. Now, who wouldn't want that?

Value for money in hiring Filipino employees

When you hire Filipino employees, you're truly getting your money's worth. Not only do you benefit from their skills and knowledge, but you also get a dedicated and hardworking team member. They're all about giving their best and adding value to your company. Plus, you get all these benefits at a cost-effective rate. It's a win-win situation!

Global Presence of Filipino Diaspora

Networks and connections

Filipinos are everywhere! From the bustling streets of New York to the serene landscapes of New Zealand, you'll find them making a home and building connections. This global presence means they're forming networks that cut across cultural and geographical lines. It's like having friends all over the world, and this offers huge advantages for businesses when it comes to networking and forming international partnerships. Cool, right?

Leveraging Filipino communities worldwide

Filipino communities worldwide aren't just about having a support system in a foreign land - they're also a business resource! With Filipinos present in almost every corner of the globe, employers have a unique opportunity to tap into these networks. Imagine having someone on your team who already understands the local culture and business landscape of a new market you're trying to enter. That's the edge a Filipino employee can provide. Simple, yet powerful!

IT and Technology Sector Dominance

Philippines as a tech outsourcing hub

The Philippines is a hot spot for tech outsourcing. Why, you ask? Well, it's because we've got a tech-savvy workforce that's always on top of the latest trends! Our young, educated, and English-speaking population is perfect for IT jobs. Plus, we've got a great infrastructure for IT businesses which makes setting up shop here a breeze. So if you're looking for a place to outsource your tech work, the Philippines is the place to be!

Tech-savvy Filipino workforce

Filipino workers aren't just tech users, they're tech lovers! They're always up-to-date with the latest tech trends, making them a perfect fit for the IT industry. Whether it's coding, web development, or IT support, they've got it covered. Their knack for technology, combined with their problem-solving skills, makes them real assets in the tech world. So, if you need a tech wizard, a Filipino worker might just be your answer!

Conclusion

So, what's the bottom line here? Hiring Filipino workers is a smart move. They're flexible, team players, and super good at English. They're educated, skilled, and can switch between languages like a pro. Plus, they don't cost a fortune and they're part of a global network. And let's not forget their tech-savvy! Honestly, what's not to love? So, if you're looking to expand your team, going Filipino is a brilliant choice!

Partnering with an EOR can bring numerous benefits to a company, including improved employee satisfaction and experience, flexibility and scalability, increased focus on core business activities, cost-efficiency and financial savings, and proper management of HR functions. By carefully considering their needs and goals, researching and selecting the right EOR provider, understanding contract terms and conditions, and effectively transitioning and addressing concerns, companies can maximize the advantages of using an EOR and take their business to the next level.

Definition and Role of an Employer of Record (EOR)

An Employer of Record (EOR) is a third-party organization that acts as the legal employer of your workers. This means that the EOR handles all administrative tasks, such as payroll, benefits, and taxes, on behalf of your company while you retain full control over their day-to-day work. EORs are becoming increasingly popular in today's workforce, especially among companies that hire remote workers or have a global presence.

1. Simplified Hiring Process

One of the main advantages of an EOR is the simplified hiring process. By outsourcing your administrative tasks to the EOR, you can save time and resources on recruitment and onboarding. The EOR takes care of all the necessary paperwork and legal requirements, so you can focus on finding the right talent for your company.

2. Legal and Compliance Expertise

Another significant advantage of an EOR is its expertise in legal and compliance matters. With a global workforce, it can be challenging to keep up with the ever-changing laws and regulations in different countries. However, an EOR has a thorough understanding of these laws and ensures that your workers are always compliant. This not only saves you from potential legal issues but also gives you peace of mind knowing that your business is operating within the boundaries of the law.

3. Efficient Payroll Management

Managing payroll can be a tedious and time-consuming task. However, with an EOR, you can rest assured that your workers' salaries will be processed accurately and on time. The EOR also takes care of all tax and payroll regulations, ensuring that your business remains compliant in this aspect as well.

4. Comprehensive Benefits Administration

Offering benefits to your employees is an essential aspect of any business. However, it can be a difficult task to manage and administer these benefits on your own, especially if you have a global workforce. With an EOR, you can provide benefits to your workers without the hassle of managing them yourself. Additionally, EORs offer customizable benefits packages that cater to the diverse needs of your employees, making it a win-win situation for both parties.

5. Risk Mitigation and Liability

Hiring and managing employees come with various risks and liabilities for the company. However, by utilizing an EOR's services, you can transfer these risks to them. This means that in case of any issues or disputes with your workers, the EOR will handle them on your behalf. As a result, your business is protected from potential legal liabilities, giving you more security and stability.

6. Global Expansion and Market Entry

Expanding your business globally or entering new markets is difficult, especially when it comes to employment laws and regulations. However, with an EOR, you have a partner who understands the complexities of global expansion and can help you navigate through them smoothly. This allows for a more seamless market entry process and allows you to focus on growing your business.

7. Employee Support and Satisfaction

An EOR can greatly contribute to improving your workers' overall experience and satisfaction. By handling all administrative tasks, the EOR allows your employees to focus solely on their work without any distractions. Additionally, if they have any concerns or issues, the EOR can address them promptly and effectively, creating a more positive work environment and boosting employee morale.

8. Flexibility and Scalability

An EOR offers your company flexibility and scalability. As your workforce needs change, the EOR can adapt to these changes without any hassle. An EOR provides you with the necessary support to maintain a smooth and efficient business operation regardless of the circumstances.

9. Focus on Core Business Activities

Perhaps one of the most significant advantages of an EOR is that it allows businesses to focus on their core activities. By outsourcing administrative tasks, companies can concentrate on their core competencies and improve overall productivity and efficiency. This ultimately results in a more successful and competitive business.

10. Cost-Efficiency and Financial Benefits

Employing an EOR can bring about significant cost savings for businesses. By outsourcing HR functions to an EOR, companies can reduce operational costs associated with recruitment, onboarding, benefits administration, and payroll management. Additionally, by mitigating risks and potential legal liabilities, businesses can also save on potential financial repercussions in the long run.

Considerations Before Choosing an EOR

A. Assessing company needs and goals.

Before partnering with an EOR, it is essential to assess your company's needs and goals. This will help you determine which EOR services are necessary for your business.

B. Researching and comparing EORs.

It is crucial to thoroughly research and compare different EOR providers before selecting one. Factors such as their experience, expertise, pricing, and range of services should be carefully considered.

C. Understanding the contract terms and conditions.

Before signing any contracts with an EOR, make sure to fully understand all the terms and conditions. This will ensure that both parties are on the same page and there are no misunderstandings or surprises later on.

C. Understanding the services provided by EORs.

Different EORs offer different services, so it is important to understand what specific services a provider offers before making a decision. Some may specialize in certain areas such as benefits administration, while others may offer a full range of HR functions.

D. Ensuring compatibility with company culture and values.

It is crucial to ensure that the EOR's values and culture align with those of your company. This will help foster a positive working relationship and ensure that your employees' needs are met by the EOR.

Transitioning to an EOR: Step-by-Step Guide

A. Steps involved in integrating an EOR into the existing structure

  1. Assess company needs and goals.
  2. Research and compare EOR providers.
  3. Select an EOR that meets your company's requirements.
  4. Understand the terms and conditions of the contract.
  5. Communicate with employees about the transition to an EOR.
  6. Collaborate with the EOR to transfer necessary employee information and documents.
  7. Provide training and provide support for employees to adapt to the new system.
  8. Monitor and evaluate the EOR's performance regularly.
  9. Communicate with the EOR about any changes or updates in your company's needs.
  10. Continuously assess the effectiveness and overall satisfaction of using an EOR.

By following these steps, your company can smoothly transition into working with an EOR and reap the benefits of this partnership.

Addressing Common Concerns

A. Addressing fears about loss of control and confidentiality.

One common concern about using an EOR is the fear of losing control and confidentiality of employee information. However, reputable EORs have strict privacy policies in place to protect sensitive data and ensure compliance with relevant laws and regulations. Additionally, companies can specify confidentiality requirements in their contract with the EOR.

B. Managing communication between employees and the EOR.

Another concern is the potential disconnect between employees and the EOR, as they may not have direct contact. To address this, companies should establish open communication channels between employees and the EOR, such as a dedicated point of contact or regular check-ins to ensure any concerns are addressed promptly.

Choosing to partner with an EOR can provide numerous benefits for businesses, including cost savings, scalability, and improved employee satisfaction. However, it is essential to carefully consider your company's needs and goals before making a decision and ensure that the chosen EOR aligns with your values and culture. By following a step-by-step guide and addressing common concerns, companies can smoothly integrate an EOR into their existing structure and reap the many advantages it offers. So, consider partnering with an EOR today and take your business to new heights!

Looking for remote software developers at reasonable costs? Consider outsourcing to the Philippines with Remotify. Here, you can find skilled professionals ready to turn your visions into real solutions. No matter if you're a growing startup or a big tech firm, the Philippines offers a pool of talent. Let's explore how outsourcing the best software developers there can be beneficial for you.

Key Takeaways

Benefits of Outsourcing Software Developers to the Philippines

Benefits of Outsourcing Software Developers to the Philippines

So, you're thinking, "Why the Philippines?" Well, let me tell you, a lot is going on in this country when it comes to outsourcing software developers. First off, the Philippines is home to a treasure trove of tech talent. Seriously, we're talking about a massive pool of skilled, English-speaking techies who are up-to-date with the latest trends and technologies in software development.

Now, let's talk money. As we mentioned earlier, hiring a software developer in the U.S. can be pricey. But guess what? In the Philippines, you can hire top-notch developers without breaking the bank. It's like getting a five-star meal at a three-star price. And don't worry, a lower cost doesn't mean you're compromising quality or dedication.

Lastly, let's touch on the time zone. If you're worried about the time difference, don't be. Filipino developers are known for their flexibility and willingness to align their work hours with yours. So, while you're getting some well-deserved rest, know that work is still getting done on the other side of the globe.

To sum it up, outsourcing software testing and developers to the Philippines gives you access to a wealth of talent at a fraction of the cost, and with the flexibility to work around your schedule. Not too shabby, right?

Our Experience in Hiring for Various Offshore Software Developer Roles

We, at Remotify, take pride in our vast experience in hiring for various offshore software development roles. We have successfully sourced, interviewed, and placed talent in a plethora of technical positions, tailored to the needs of our clients. Here are just a few of the roles we've recruited for:

Advantages of Engaging an EOR

Advantages of Engaging an EOR

Now, you might be thinking, "This all sounds great, but how can I do this without drowning in a sea of paperwork or losing sleep over legal matters?" That's where an Employer of Record (EOR), like Remotify, comes into play. Here's the deal: an EOR shoulder the responsibility of all the nitty-gritty admin tasks. Can't figure out local labor laws? No worries, they have it covered. Concerned about payroll and taxation? They've got you. An EOR is your one-stop shop for all things outsourcing.

By partnering with Remotify, you'll be tapping into a streamlined, worry-free approach to hiring remote software developers in the Philippines. Plus, you'll be gaining a partner who is firmly committed to ensuring legal compliance and financial transparency. So, you can relax, focus on your core business objectives, and let the experts handle the details. It's like having your cake and eating it too!

To put it simply, engaging an EOR like Remotify is a game-changer when you're outsourcing software developers to the Philippines. It's less hassle, more control, and a surefire way to set your business up for success. So, why not take the plunge and explore this incredible opportunity?

The Role of EOR in Recruitment and Employment Considerations for Outsourcing Software Development to the Philippines

The Role of EOR in Recruitment and Employment

Are you ready to outsource software development to the Philippines? Let Remotify help! We manage the complete recruitment process, from finding and interviewing candidates to skill tests. You choose the final hire from our top selection. After hiring, we handle all employment details, which include making contracts, managing payroll and benefits, and ensuring legality. In short, we handle recruitment while you focus on your main goals. With our broad experience in various software roles, Remotify is your trusted outsourcing partner.

FAQs

Q1. Why outsource software development to the Philippines?

Outsourcing software developers to the Philippines has become increasingly popular in recent years, thanks to its pool of highly skilled and certified professionals. The country offers a wide range of expertise across various fields, from front-end and back-end developers to cloud engineers and data engineers. Moreover, due to the lower costs associated with hiring talent in the Philippines compared to other countries, businesses can save substantially on labor costs.

Q2. What type of talent can I find in the Philippines?

The Philippines offers an excellent pool of highly skilled professionals. From software and web developers to cloud engineers and data scientists, you can find all sorts of tech talent here!

Q3. How do I ensure legal compliance in the Philippines?

The best way to ensure legal compliance when hiring offshore is to partner with an EOR like Remotify. We'll handle all employment considerations from contracts to payroll & taxes, ensuring total legal compliance and financial transparency.

Q4. How long does it take to hire a software developer in the Philippines?

Generally, the recruitment process for offshore software developers can range from 4-7 weeks depending on the roles you're looking for. With our experienced recruitment team and extensive candidate network, we can significantly reduce the time to hire developers.

Q5. How do I find the right software developers in the Philippines?

Partnering with an EOR like Remotify is the best way to find top-tier talent in the Philippines. Our dedicated team of experienced recruiters and technical evaluators will ensure you get exactly what you're looking for.

Q6. What measures do they have in place to ensure the security and privacy of sensitive data?

At Remotify, we have strict measures in place to protect your confidential information. From secure networks and data encryption methods to strict non-disclosure agreements with our employees, we go above and beyond to safeguard your data. Additionally, all our employees

Q7. What is the Average salary of a Developer in the US?

Hiring U.S. software developers can often be a substantial investment. According to data from Payscale, the average salary for a Software Engineer in the United States is projected to be around $91,983 in 2023. This figure can significantly increase when considering the associated costs like benefits, office space, training, and more. Hence, businesses, especially start-ups and SMEs, should consider cost-effective alternatives such as outsourcing their software development needs to countries like the Philippines.

So, are you ready to take your business to new heights by partnering with talented software developers in the Philippines? Trust us, it's a decision you won't regret!

Considering outsourcing your accounting and finance? The Philippines offers affordable, high-quality options. Suitable for startups or mature companies, there’s an outsourcing solution for you. Remember, success lies in aligning with a provider that matches your business values and needs.

Key Takeaways

Outsourcing accounting to the Philippines might seem like a big step, but let's break it down:

  • World-class talent at your fingertips: The Philippines is bursting with highly qualified professionals who are just waiting for the opportunity to excel. Don't worry - language is no barrier! With English as one of their official languages, communication is smooth sailing.
  • Cost-effective services: You'll be amazed at the excellent service you get for a fraction of the cost! And it doesn't end at bookkeeping - you can outsource everything from financial planning to fraud prevention.
  • Take advantage of the tech: Embrace the future, where artificial intelligence (AI) and robotic process automation (RPA) make remote accounting a breeze. And with most tasks being automated, you're guaranteed more accuracy and efficiency.
  • Security is a priority: Rest assured, your financial data is safe. A secure data storage system and non-disclosure agreements are part of the package when you outsource accounting services to the Philippines.
  • Communication is key: You'll find it easy to stay in touch with your remote team, thanks to digital tools like video conferencing and collaboration software.
  • Remotify EOR can help: At Remotify EOR, we'll help you find the best providers in the Philippines while taking care of all legal, tax, and payroll compliance matters. Let us help make sure that your business gets the most out of outsourcing accounting services. 
Why Outsource Accounting in the Philippines

Hire from the various types of remote accountants with Remotify

Advantages of Outsourcing Accounting to the Philippines

Setting Up Your Outsourcing Team

Setting Up Your Outsourcing Team

Defining Your Accounting Needs

Before hiring a remote accounting team, identify your needs. Determine the tasks they will handle and their frequency. This helps decide team size and the type of accountants needed.

Choosing the Right Outsourcing Partner

Once you’ve identified your accounting outsourcing needs, the next step is to find a reliable outsourcing partner. We recommend that you do some research and ask around. Read reviews on different providers and compare their services with one another. Alternatively, you could use an online platform like Remotify to easily filter and connect with the right professionals for your project.

Recruitment and Training Process

Once you’ve identified a potential service provider here, the recruitment and training process can begin. Make sure to interview each candidate thoroughly and make sure that they have the skillset and experience needed for your project. Additionally, consider providing them with some on-the-job training as it will ensure that they understand your business operations and specific requirements better.

Remote Working Tools

One of the most important aspects of successfully managing a remote finance and accounting team is having the right tools in place. Investing in good remote working tools such as project management software, video conferencing apps, or collaboration platforms can ensure smooth communication with your team and help streamline data transfer processes.

Overcoming Cultural and Communication Barriers

Overcoming Cultural and Communication Barriers

Legal and Security Considerations

Data Security and Privacy Measures

Outsourcing your financial management and accounting? Make sure to protect your data. Choose a provider that secures customer information. They should have a safe data storage system. Their staff needs to sign non-disclosure agreements. Also, they must follow all relevant accounting laws, like GDPR.

Legal Requirements and Tax Regulations

It's also important to understand the legal requirements and tax regulations for outsourcing the finance and accounting industry and services in the Philippines. This will help ensure that you're following all applicable laws and regulations and reduce potential risks associated with hiring remote workers. Check with local authorities to make sure your provider is compliant and licensed, and verify that they are paying all necessary taxes.

Compliance with International Laws and Regulations

Finally, it's important to consider international laws accounting standards and regulations. Depending on where your business is based, you may need to comply with specific rules for outsourcing services abroad. Research the regulations in your home country before signing any contracts or agreements with an offshore provider.

Navigating Intellectual Property Concerns

When outsourcing accounting services, intellectual property concerns may arise. Make sure that you and your provider are clear about who owns the rights to the data or information produced by their team accounting staff. Additionally, consider signing an agreement that specifies each party's intellectual property rights and ensures that all confidential information is held securely.

Managing Outsourced Accounting Operations

Managing Outsourced Accounting Operations Philippines

Future Trends in Outsourced Accounting

Easily Outsource Accounting to the Philippines with Remotify Employer of Record

Finding reliable and cost-effective providers in the Philippines can be a daunting task. Remotify Employer of Record makes it easy to quickly find and hire top accounting and financial professionals from the Philippines. Our platform allows you to manage your hiring process remotely, while our team of experts handles all legal, tax, and payroll compliance matters for you.

With Remotify Employer of Record, you can easily and securely outsource accounting services to the Philippines. Hire professionals from the country with confidence—we've got you covered! Get started today and take advantage of our range of services to make outsourcing accounting easier. With our help, you can focus on growing your business while we take care of all the paperwork.

Frequently Asked Questions

Is outsourcing accounting to the Philippines legal?

Yes, outsourcing accounting to offshore accountants in the Philippines is legal. Make sure you research and understand the applicable laws and regulations in your home country as well as those in the Philippines before signing any contracts or agreements with an offshore provider. Additionally, ensure that your provider is compliant and licensed, and verify that they are paying all necessary taxes.

How can I ensure the security of my financial data?

When outsourcing accounting services, it's important to ensure the security of your financial statements and data. Make sure that your provider has a secure data storage system in place and requires its employees to sign non-disclosure agreements (NDAs). Additionally, verify that they comply with all relevant industry regulations such as GDPR.

What accounting tasks can be outsourced?

Most accounting tasks can be outsourced, including bookkeeping, payroll management, tax preparation, financial planning, auditing, and data analytics. Depending on your needs and budget, you may choose to outsource all or just some of these services.

How can I effectively communicate with my outsourced team?

Effective communication is essential when outsourcing accounting services. Utilize clear guidelines and set expectations for both parties to ensure that everyone involved understands the project requirements and timeline. Additionally, consider utilizing digital tools such as video conferencing or collaboration software to make it easier to communicate with your remote team.

So, are you ready to take the plunge and outsource accounting and finance needs to the Philippines? Remember, with Remotify Employer of Record, we've got your back every step of the way. Let's get started!

Hire web developers from the Philippines through the outsourcing company Remotify. You'll access over 200,000 IT pros. You save 70% on costs compared to local hiring. Remotify makes the outsourcing process easy. Achieve your business goals with less cost and top-tier service.

Challenges in Recruiting Off-Shore Web Developers Team

Hiring an offshore web development team can come with its own set of challenges:

  1. Cultural and Communication Barriers: Different cultural norms and language barriers can sometimes lead to misunderstandings, affecting the overall productivity and timeline of the project.
  2. Time Zone Differences: Coordinating meetings and maintaining effective communication can be challenging when the team is located in a different time zone.
  3. Quality Assurance: Ensuring the quality of work can be difficult without face-to-face interactions and on-the-spot supervision.
  4. Data Security: Sharing sensitive data with offshore teams poses a risk, especially in countries with lax cybersecurity laws.
  5. Legal Complications: Navigating the legal requirements of hiring offshore can be complicated and time-consuming, potentially leading to increased costs.

However, these pain points can be effectively managed and mitigated when you hire offshore web developers from the Philippines with Remotify's Employer of Record service.

Benefits of Outsourcing Web Developers from the Philippines

You also benefit from Remotify's transparent pricing structures and digital marketing services that help you reach more clients faster. Our competitive pricing ensures top-quality work is delivered on time and within budget, so you don't have to worry about extra costs. We provide full support for all your web developers' needs, so you can be sure that the end product meets and exceeds your expectations.

Expertise in Hiring Experienced Web Developers

At Remotify, we excel in identifying and recruiting top-notch web developers from the Philippines to aid in your digital campaigns and web development projects. Our team's profound understanding of the industry, paired with a structured hiring process, ensures that we only pool candidates with the right skills and mindset.

Web developers are proficient in a wide range of programming languages and frameworks such as:

They are also adept in database management, content management systems, and e-commerce platforms, ensuring that they can tackle any web development challenge thrown their way.

Building a Philippine Web Developer Team

Building a skilled web developer team in the Philippines is not a herculean task when you work with companies such as us at Remotify. Our Employer of Record service is a game changer, managing all the recruitment and administration processes.

With English as an official language in the Philippines, communication with your offshore web developers is seamless and efficient. Moreover, Filipinos are known for their adaptability to Western work culture, ensuring harmonious collaboration. From recruitment to onboarding, we ensure that your offshore website development team aligns with your project requirements and business goals, delivering high-quality work on time and within budget.

Outsourced web development team structure

The usual team structure in web development includes the following roles:

Remotify will source highly skilled top professionals for each role to ensure that your offshore web development team is capable of delivering results that meet and exceed your expectations.

What Remotify Does for You

At Remotify, we provide the full-suite Employer of Record service that helps you navigate the complexities and challenges of offshore web development. We make sure that your Philippine team is compliant with local laws, properly taxed, and given the benefits they deserve by labor regulations.

We handle HR management, payroll processing, reporting, and other administrative functions to ensure everything runs smoothly. Remotify also provides digital marketing services that help you reach more potential customers faster.

With Remotify, outsourcing from the Philippines is efficient and cost-effective, allowing you to focus on your core business goals. So if you're looking for a reliable, experienced partner to outsource web developers from the Philippines, look no further.

Contact us today and let our dedicated team of experts guide you in building the perfect offshore team.

Outsourcing data entry is a cost-effective strategy for businesses. It involves delegating data input tasks to a dedicated team, reducing workload and organizational expenses. This service is particularly affordable when outsourced to regions like the Philippines. Our platform, Remotify, simplifies the outsourcing process, ensuring top-tier service and cost efficiency.

Summary

Outsourcing your data entry tasks to the Philippines is a clever move, and here's why:

  1. You save big bucks - Did you know you can save up to 70% on costs compared to managing in-house operations? That's some serious savings!
  2. Quality isn't compromised - With a wide pool of talented pros in the Philippines, you’re not trading quality for cost. You get both!
  3. Security is a priority - Rest easy, your sensitive data is in safe hands. Top-notch security measures are the norm, not the exception.
  4. Remotify EOR can help -  Our Employer-of-record solution makes it simple and cost-effective for you to outsource your data entry needs - quickly and securely.

The Growing Trend of Outsourcing Data Entry Services

Many businesses are outsourcing online data entry services to the Philippines. This trend is due to affordable, skilled professionals. These experts are familiar with tools like Excel, Google Sheets, and CRM software. Plus, the Philippines has fast internet, ideal for remote work.

Overview of Services Provided by Philippine Businesses

Hire Dedicated Offshore Data Entry Specialists

Benefits of Outsourcing Data Entry to the Philippines

Benefits of Outsourcing Data Entry to the Philippines

Overview of the Philippines as an Outsourcing Hub

There’s no doubt about the fact that the Philippines is one of the top-rated outsourcing hubs, with an estimated 1.3 million employees in the BPO industry. The country’s literacy rate of more than 94% and English proficiency among its workforce are another key factor that makes it attractive for businesses looking to outsource data entry services.

The Philippines is not only known for its highly skilled workforce but also its cost-effective labor force. This means businesses can easily find skilled data entry professionals at rates that are significantly lower than what they would pay in their own industry sectors in their own country.

Factors Contributing to the Philippines' Popularity as an Outsourcing Hub:

Choosing the Right Data Entry Service Provider

Evaluating Experience and Expertise: Just like all other jobs, you need to make sure that the data entry service provider that you are choosing has the experience and expertise necessary to meet all your business requirements. Make sure to read reviews and do research on their past projects before making any decisions.

Assessing Technology and Infrastructure: It’s also important to look into the company's technology infrastructure and ensure that it meets all your business needs. This can be done by a time-to-time evaluation of their security protocols, IT systems, and data storage capabilities. Doing so helps you ensure that they are up-to-date and secure.

Client Reviews and Testimonials: Client reviews and testimonials are a great way to gauge the quality of a company’s services. Read through their customer feedback to get an idea of how the company operates and whether they have been able to meet customers’ expectations in the past.

Price Comparison: Since the core reason why we are outsourcing data entry services is to cut costs, it's important to compare prices between different data entry service providers. Look for companies that offer competitive rates without compromising on quality.

Overcoming Challenges in Data Entry Outsourcing

Challenged in Data Entry Outsourcing

Language and Cultural Differences: The language and cultural differences between your country and the Philippines can be a challenge. Make sure to communicate with Filipino data entry personnel clearly and use simple language to avoid any misunderstandings or delays in the work process.

Data Security and Confidentiality Concerns: Another challenge in data entry outsourcing is ensuring the secure handling of sensitive information. Make sure to look for a company that has strict security protocols and confidential agreements with its personnel to protect your data.

Time Zone Issues: Now, outsourcing jobs like data processing and entry to employees from different countries are all well and good, but one potential issue with that can be time zone differences. These time-zone differences can be an issue when it comes to managing deadlines and communications. Businesses should look for a provider that offers 24/7 support so that they can access data entry services whenever they need them.

Ensuring Data Accuracy and Consistency: Data accuracy and consistency are essential for any successful data entry project. Make sure to review the work regularly to ensure that it is up to your standards, and use software tools like error tracking to detect any errors quickly.

Measuring Success and ROI in Data Entry Outsourcing

Key Performance Indicators (KPIs) for Data Entry Projects

Calculating Cost Savings and Operational Efficiency

Outsourcing data entry to the Philippines can save businesses up to 70% compared to in-house costs. Savings come not only from labor costs but also from reduced expenses on infrastructure, IT systems, and software licenses.

Best Practices for Seamless Data Entry Outsourcing

Effective Communication and Collaboration

Good communication and collaboration are essential for any successful data entry project. Establish clear guidelines, provide instructions in a way that is easy to understand, and ensure that there is regular feedback from both sides throughout the process.

Quality Assurance Measures

Assuring the quality of work being done is important for any business. To ensure the same, businesses must have quality assurance measures in place to ensure that all data entry tasks are accurate and completed on time. It is the regular review of the work that helps businesses identify any errors or omissions and provide accurate solutions and feedback as soon as possible.

Regular Performance Evaluation and Improvement Strategies

It’s also important to regularly evaluate the performance of data entry personnel and implement improvement strategies as needed. Monitor key performance indicators such as accuracy rate, turnaround time, and customer satisfaction metrics to ensure that the project is meeting your expectations.

Data Entry Automation and Emerging Technologies

Role of AI and Machine Learning in Data Entry

Artificial intelligence (AI) and machine learning enhance data entry. They automate tasks and lessen errors. AI uses natural language processing to analyze data. Machine learning identifies patterns and predicts outcomes.

Balancing Automation and Human Touch

Machines and automation aid data entry but can't replace human touch. Despite improved efficiency, manual review is still essential. A balance between automated and manual data management processes ensures quality.

Future Trends in Data Entry Outsourcing to the Philippines

Growth Prospects and Market Projections: The data entry outsourcing industry in the Philippines is projected to grow significantly over the next few years. With an increasing demand for skilled and cost-effective personnel, many businesses are turning to outsourcing as a viable solution for their data needs.

Technology Adoption: As technology advances, more businesses are adopting automated solutions and machine learning tools to streamline their data entry processes.

Evolving Skillsets and Industry Adaptation: As the industry evolves, data entry personnel in the Philippines need to constantly upgrade their skills and knowledge to stay competitive. Companies should look for providers of data processing services that are willing to invest in training and development programs for their workforce.

How Remotify Employer of Record Can Help

Remotify Employer of Record is an employer-of-record solution that enables businesses to outsource data entry projects to the Philippines more effectively. With our streamlined onboarding process, experienced team of experts, and comprehensive support services, we can help you find the right solutions for your data entry needs. Our suite of services includes payroll management, compliance assistance, access

Remotify EOR also provides an efficient and cost-effective way to manage your team - we take care of payroll, taxes, compliance, and other administrative tasks so that you can focus on what matters: getting the job done. Contact us today to learn how our data entry services can help your business succeed.

FAQs:

Is data entry outsourcing cost-effective for small businesses?

Yes, data entry outsourcing can be cost-effective for small businesses. By outsourcing to the Philippines, businesses can save up to 70% on costs compared to in-house operations. Additionally, Remotify EOR’s suite of services and comprehensive support make it easy and affordable for businesses of any size to outsource their data entry needs.

How can I ensure the security of my sensitive data?

Remotify EOR takes data security very seriously. Our team is experienced in handling confidential information and uses the highest measures of security when it comes to data entry projects. We also provide secure cloud storage for all your sensitive data, so you can rest assured that your information is safe.

So, what are you waiting for? Taking your data entry tasks to the Philippines not only saves your wallet but also gives you quality, security, and flexibility! Give it a try today. You won't regret it!

When planning to outsource your team legally from another country, it is important to consider the local employment laws, regulations and processes you must follow. Thus, to hire remote workers in the Philippines, you must familiarize yourself first with the Philippine Labor Code. However, there are a lot of notable differences between this law from other countries worldwide.

So, to help you prepare for hiring remotely in the Philippines, here is a comprehensive guide on Philippine Labor Laws.

The Rights of Employees and Employers According to Philippine Labor Laws

While it is excellent to maintain international relations in your business, notable differences in culture and laws can hinder building employer-employee relationships. To build a great relationship with your remote workers and encourage employee retention in your company, it is crucial to stay compliant with your employee’s local labor and employment laws.

However, it is also important to note that employers also have their own set of rights, especially regarding employee management, termination, and type of employment offer.

Providing employment contracts

Beneficial to both parties, having an employment contract presented by the employer is one of an employee’s rights. This serves as a legal bind between the two parties and a way to set boundaries and employment provisions.

An employment contract must include the following:

It is also important to include the rules, regulations, and limitations to make the contract more comprehensive.

Note that a project-based employee is regarded as definite while those hired for long-term arrangements are considered indefinite.

Compensation for remote workers

When talking about employment, compensation is one of the important things that an employer must come to an agreement with the employee.

Aside from the agreement from both parties, there is a minimum wage set by the Regional Tripartite Wages and Productivity Board that you must consider when determining just compensation. However, this depends on the region where the business or the employee is located in the Philippines.

At the end of the year, all Filipino employees are entitled to 13th-month pay. In some cases, other employers make it up to a 14th-month bonus.

Working hours

The standard working hours for Filipino employees is 40 hours for the five days that they will work for a regular wage. Depending on the agreement set between both parties, hours rendered beyond that time may be considered overtime work that may be compensated through pay or schedule offset. Overtime pay is equivalent to a percentage of their hourly rate. It may vary on weekends or holidays unless there is a stipulation in collective bargaining that says otherwise.

After a consecutive working day of at least six days, employees are entitled to a resting period of 24 hours or more. It is also important to note that there is a night shift differential pay for the working schedule between 10 p.m. to 6 a.m., and pregnant women are prohibited from working this shift.

Public holidays

Type of Leaves in the Philippines

In the Philippines, there are a lot of public holidays that people must observe. Employees can either not work these days or work and receive twice the amount of their daily wage.

Here are some of the public holidays:

Vacation Leave

Aside from public holidays, all regular Filipino employees are entitled to a minimum of 5 vacation leaves after one year of service. However, some companies offer over 15 days of leave as one of the benefits for their employees.

Sick leave

Although employers are not required to offer sick leave benefits to their employees, it is still customary for companies to offer their employees 15 sick leaves.

In addition, sick employees are eligible for benefits under the Social Security System if they can pay their contributions for at least three months in the 12-month period preceding the six-month period that they got ill.

Maternity/Paternity Leave

For female employees, they are entitled to 105 days of fully paid maternity leave. However, she must have paid at least three months' contribution in the 12-month period preceding the six-month period of pregnancy. Single mothers can also extend their paid maternity leave for 15 days, given that they do not have a partner who can help them take care of the child. Female employees can also extend their maternity leave for an additional 30 days but without pay.

Meanwhile, male employees have a minimum of 7 days of paternity leave, and women can transfer up to 7 additional leaves to their husbands.

Health Insurance Benefits

To ensure the health of Filipino employees, the state provides compulsory universal healthcare that both employees and employers will fund. However, employers can also offer private health insurance for their workers as additional benefits.

Termination and Severance

To ensure that there is fair treatment between employers and employees, the Philippine Labor Laws state the right of employers to terminate employees under some circumstances. A probationary period cannot exceed six months. If the employee does not meet the qualifications for their position or there is a just cause, the employer can terminate him/her.

As for regularized employees, the process of termination may vary depending on the cause of dismissal.

Just cause

If it is due to a just cause, there must be a written notice or memorandum stating the date of termination and the reason behind it. The employees can provide their explanation within six days after the notice is given.

Here are some of the just causes for termination:

Authorized cause

Meanwhile, companies can also dismiss their employees through an authorized cause, given they give their employees a notice of termination at least one month before the effective termination date.

It is an authorized cause if it falls under:

Employees terminated due to an authorized cause are entitled to severance pay, and it should be worth half to one month of their monthly salary for every year of service. Meanwhile, those who are dismissed due to just causes do not have the same right for this.

Understanding laws apart from your own country’s can be challenging and time-consuming. It is also prone to misunderstanding and mistakes, which may cause legal issues for cross-border employment.

Make employment more convenient through EOR services

We understand how complex studying Philippine Labor Laws can be, which is why engaging with an Employer of Record company like Remotify can help you cut through the complexities and simplify the way you outsource and expand your team.

Our EOR services include the following:

We also provide you with options to:

This makes the employment process more convenient and less troublesome in terms of legalities and labor compliance. It is one reason why many companies who are planning to extend their team in the Philippines prefer working with EOR companies rather than setting up their own entity.

Aside from that, Remotify also offers ongoing support for businesses like HR services and payroll management. We aim to maintain a great employee-employer engagement between the parties for better work performance and relationships.

Conclusion

While there are many provisions in Philippine Labor Law that you need to consider when employing remote Filipino workers, all the benefits that you could get from these talents will still be worth it. However, if you want a convenient, simplified, and legal employment process, you should partner with an EOR company like Remotify.

Learn more about the services we offer by visiting our page here.

FAQs

A. Are There Any Legal or Regulatory Restrictions for Hiring Remote Employees from the Philippines?

Ans. Yes, there are certain legal requirements that employers need to be aware of when hiring remote workers from the Philippines. These include obtaining a business permit or license, registering with the Bureau of Internal Revenue and Social Security System in the Philippines, registering at the Securities and Exchange Commission (SEC) and compliance with labor laws and other employment regulations.

B. How Can I Ensure Proper Communication and Collaboration With My Philippine Team?

Ans. Employers of Record (EOR) can help to ensure proper communication and collaboration between employers and their Philippine remote workers. An EOR provides a single point of contact for employers, allowing them to easily manage payroll, benefits, taxes, and other compliance-related matters related to hiring Filipino remote workers. They also provide support in the arrangement of the necessary legal and regulatory requirements, as well as offering additional services such as dispute resolution, employee engagement, and healthcare.

C. What is the minimum wage in the Philippines?

Ans. The current minimum wage starts from PHP 573 per day, depending on region and sector. The minimum wage for workers in the Philippines is set by the Regional Tripartite Wages and Productivity Board (RTWPB).

D. How much is overtime pay in the Philippines?

Ans. For hours worked over eight hours per day or 48 hours per week between 10 p.m. and 6 p.m., there is an overtime bonus ranging from 10% to 35% depending upon the work timings. Holidays are also subject to a different rate which ranges from 130% to 200% of the employee's salary depending on the kind of holiday.

E. How to pay remote employees in the Philippines?

Ans. Employers of Record (EOR) can help with the payment process for Philippine remote employees by managing payroll, benefits, taxes, and other compliance-related matters. This eliminates the need for employers to establish a separate legal entity in the Philippines to pay their remote workers, saving them time and money in the long run.

F. What are the typical working hours of remote workers in the Philippines?

Ans. The Philippines has a 24/7 work culture. Employees will work during the hours required by the client. If that means working at night, employees will have no problem with it.

About Remotify

Remotify is your next-generation solution to growing your team remotely and cost-effectively in the Philippines.

Through our Employer of Record services, Remotify will employ and payroll your workers in the Philippines and do the heavy lifting for you. We will take care of local HR, compliance, attendance tracking, payroll, and reporting so you can focus on what is most important: growing your business.

This means you can quickly and securely hire employees in the Philippines, attracting top talents and keeping them engaged through the process. At the same time, you avoid the overhead of establishing your own entity.

From complex local tax and labor laws to in-country capital requirements and compliant HR management, payroll, and benefits disbursement, getting started in a new country to tap on its low cost and great talents can be a time-consuming endeavor. But with the right partner, it doesn’t have to be. Remotify is here to keep things simple for you.

The Rise of Outsourcing in the Philippines

The Philippines holds approximately 10% to 15% of the global BPO market, positioning it as a key international player in the outsourcing industry. 

The local BPO industry contributes $32.5 billion annually to the economy, which makes outsourcing a great source of opportunity and revenue for the country.

Despite challenges in the global market, the Philippine outsourcing industry’s revenues continued to climb even during the pandemic. By 2022, the outsourcing industry reached over 1.4 million employees, surpassing its original target.

The Philippines is considered one of the top outsourcing destinations in the world — and there are several reasons why this is the case.

Why Businesses Should Outsource to the Philippines 

Why Businesses Should Outsource to the Philippines 

Cost efficiency

You can save 70% of operational costs by outsourcing in the Philippines because of the low living costs, allowing you to allocate resources to other high-priority areas.

English proficiency

Filipinos have a high English proficiency at a young age as this is the medium of instruction in schools. This ensures Filipino employees can easily understand and communicate with English-speaking international employers.

Culture compatibility

The Philippines has a long history of being occupied by countries such as Spain and the United States. This gives the Philippines a strong cultural affinity with Western countries, which makes it easy for Filipinos to adapt to an international work environment.

24/7 staffing

The Philippine outsourcing ecosystem is very mature and is built for the global employment market. Highly westernised with a 24/7 culture in the metros, the workforce can provide business solutions anytime and anywhere, regardless of the time difference. This benefits businesses with customer service and online sales, which require 24/7 availability.

High educational attainment 

The Philippines produces 700,000 university graduates per yet, creating a highly skilled and talented workforce that can compete in the global employment market and provide businesses with high-performing employees.

Benefits of Outsourcing to the Philippines

Benefits of Outsourcing to the Philippines

By outsourcing to the Philippines, you can experience the following benefits for your business:

Low labour costs

The Philippines provides more affordable services while maintaining high-quality output compared to other countries. For example, China may offer lower labour costs than the Philippines, but may not be as English-proficient and culturally compatible as Filipino workers.

Highly skilled workforce

The Philippines has a highly skilled workforce that excels in IT, finance and healthcare, allowing Filipino employees to succeed in different industries. You can be confident that your outsourced staff from the Philippines will demonstrate proficiency and competence in their respective fields.

Data privacy and security

Sensitive data and confidential business information are often shared with third-party service providers when outsourcing work, which is why it’s important for you to consider data privacy and security when choosing an outsourcing provider.

Philippine regulations require external service providers to follow strict data privacy and security measures. You can trust your external service providers in the Philippines to implement measures to adequately protect sensitive data.

Popular Outsourcing Services in the Philippines

There are three common types of outsourcing services in the Philippines you can choose from. 

Professional Employer Organisation 

While a Professional Employer Organisation (PEO) acts as a company’s outsourced HR partner, it is not the employer of the organisation’s workforce. PEOs serve as co-employer for businesses and work well for small enterprises with full-time employees. This requires you to have an entity in the country you are employing your team in.

Employer of Record

Unlike a PEO, an Employer of Record (EOR) takes on all employer-related responsibilities for small to large businesses. An Employer of Record can quickly hire top talent for your business without requiring you to set up a local entity while ensuring you remain compliant and reduce costs in the long run.

Fully managed services

This is also known as the traditional business process outsourcing model (BPO), which is best for business owners that have a hands-off approach, as the BPO will handle on-ground and on-site operations for outsourced employees. This also means you will not have control over the hiring process for your team or their wages. The traditional BPO pricing structures are typically bundled and offer no transparency as to how much of the fee goes to your team.

Companies that Outsource to the Philippines

Outsourcing to the Philippines has contributed to the success of numerous companies, some of the most popular ones being:

Google

According to Bloomberg, Google has more outsourced workers than direct employees, and many of their contract workers are from the Philippines. 

Outsourcing in the Philippines enables Google Inc. to fill in support roles and specialised positions at affordable labour costs while maintaining quality output from top talent.

American Express

A well-known credit card company in the Philippines, American Express works alongside BPO companies in the Philippines to offload non-core tasks to external providers. This allows the business to focus on key business areas while its back-office solutions are handled by outsourced employees. 

Wells Fargo

Another well-known multinational company that works with outsourced teams is Wells Fargo, which has a wide pool of dedicated remote professionals across Asia. Some of the tasks that Wells Fargo outsources in the Philippines include fraud management, financial accounting, payroll and customer support.

Choosing the Right Outsourcing Partner in the Philippines

Before you decide to choose an outsourcing provider in the Philippines, you must consider the following factors first.

The political and economic landscape in the Philippines

As a business, you need to consider a location’s political, social and economic health to develop a solid outsourcing strategy. Philippine regulations and governing bodies are supportive of the outsourcing industry because of its significant contribution to the national economy, resulting in little to no risks when outsourcing in the country.

Company values and goals

You need to review a potential provider’s company values and goals, ensuring that their principles align with yours. 

Company reputation

Check a potential service provider’s track record and reputation to ensure that you are partnering with a credible company.

Expertise and services

Identify the type of outsourcing services your business needs and make sure to assess whether a potential provider has a specialisation in different fields (e.g. IT, finance, customer service).

Budget adherence

Canvass the fees for the options you’re considering and calculate which providers can reduce costs for your business and which are more expensive in the long run.

How Remotify Helps Businesses

Remotify is one of the leading Employer of Record service providers in the Philippines. It is committed to being a good business for all — from its clients to its remote employees.

Businesses can expect the following benefits from partnering with Remotify:

Case Study: National Corporate Housing Expands Operations with the Help of Remotify

National Corporate Housing offers temporary, furnished corporate housing around the world and is headquartered in the United States. As its Employer of Record, Remotify provides HR support to National Corporate Housing, ensuring that the company maximises its talent.

“Remotify’s in-region service and elevated customer experience, combined with their understanding of our business and organisational needs, really set them apart from other potential HR suppliers.” — Tom Meertens, COO of National Corporate Housing

Frequently Asked Questions

1. Why do foreign companies want to outsource in the Philippines?

The Philippines is considered one of the top outsourcing destinations for many reasons. Foreign companies that partner with a top outsourcing provider in the Philippines can expect the following:

2. Why outsourcing to the Philippines is better than any other country in Asia?

The combination of qualities that the Philippine workforce possess enable the country’s outsourcing services to compete globally. 

For example, India may have a larger pool of IT professionals, but the Philippines has an advantage in terms of English proficiency and cultural similarity to Western countries. Vietnam may offer lower labour costs, but it may not have the same level of expertise as the Philippines in certain industries, such as call centre services and accounting and data entry services.

3. How much does IT cost to outsource to the Philippines?

While there are many variables that you need to consider (such as the services you need and the duration of the project), IT outsourcing services in the Philippines can range from US$80 - US$150 per user every month.

4. What business processes are usually outsourced in the Philippines?

The three most common business processes outsourced in the Philippines are:

5. What is the average cost of outsourcing to the Philippines?

In the Philippines, outsourcing companies typically calculate fees based on workforce costs, service fees and government-mandated employee benefits. Outsourcing rates may vary depending on the company you partner with, but the average cost is approximately US$285,000, including the contract bid price and contract administration fee.

Are you wondering if an Employer of Record is the magic solution you need for your international workforce? Let's journey together through this guide, where we'll help you figure out if an EOR is truly what your business needs. We'll delve into the upsides and challenges of utilizing an EOR, and provide tips on how to pinpoint the best global EOR partner, that aligns with your business objectives. Buckle up, and let's dive in!

Why should you use an Employer of Record?

An Employer of Record (EOR) is your genie in the bottle when it comes to global hiring! They are a global employment organization that steps into your shoes to legally hire, compensate, and oversee your international employees. Imagine entering new markets without the worry of navigating the maze of different tax requirements and HR tasks. That's what an EOR does.

They take the reins on international growth, manage risk, and guarantee compliance with local labor laws. Ever found a superstar candidate but could not hire them due to their location? An EOR solves this problem, enabling you to hire the best talent worldwide.

Data Deconstructed

  • According to Mercer's Global Talent Trends Study, 71% of companies are focusing on international expansion, making EOR services a critical part of their strategy.
  • According to an EY report, using an EOR can reduce the time to establish operations in a new country from 12–18 months to just 3–4 weeks.

When do you need an Employer of Record Services?

Say you've just discovered the perfect software developer for your next big project. There's a slight hitch though — they're based in the Philippines and you're not quite sure how to navigate the local labor laws, taxes, and employment nuances. That's where EOR services come to your rescue! By taking on the role of the legal employer, an EOR handles all the complexities, ensuring that you can focus on what you do best — growing your business!

Now, Ready to embark on your EOR selection journey? Start by posing some simple yet vital questions. Not only will these queries aid in discovering potential EORs, but they will also facilitate a cost-effective comparison to find the one that best fits your needs. Let's get the ball rolling!

Partner Evaluation and Services:

Does the EOR understand your target countries?

Indeed, understanding your target countries is a crucial first step. An EOR should possess a solid understanding of the local labor laws, tax legislation and customs within the countries you wish to expand to. So, ask yourself: Does the EOR have a strong presence in those countries? Do they have local legal experts on their team?

If they do, that's a good sign. After all, you want to avoid any legal landmines and cultural faux pas, right? Having an EOR that truly knows the lay of the land can help you dodge such pitfalls.

Does the EOR operate where you're hiring?

Geographical coverage is a non-negotiable when choosing your EOR partner. Why? Because to hire your dream team in multiple countries, you need an EOR company that operates in those very locations!

So, make sure your prospective EOR has an established local entity or at least a solid partnership in the countries where you want to expand. It's like setting up your chess pieces correctly before making a move—strategic and efficient. Remember, the right EOR should make your global expansion a breeze, not a maze!

Does the EOR offer additional workforce solutions?

When selecting an EOR, consider their additional services beyond payroll and compliance. Do they provide employee engagement solutions such as relocation assistance or learning and development programs? Also, do they offer other HR support like legal advice or IT solutions? These value-added services can be a huge plus for your business!

What's crucial in a reliable EOR?

When pinning down a trustworthy EOR, remember that their strength lies in their expertise, experience, and extensive service offering. You want an EOR that's well-versed in local labor laws, operates in your target countries, and offers more than just the bare bones.

Transparency and Support:

Is EOR pricing transparent?

A key factor when selecting an EOR is pricing transparency. It's like choosing a restaurant—you want to see the prices before you order, right? The same goes for your EOR. There should be no hidden costs or surprise charges. Look for the only EOR provider that provides clear, upfront pricing for its services.

After all, 53% of SMEs rely on EORs for managing their global workforce, so you need an EOR partner you can trust with your wad of cash!

How supportive is the EOR?

A good EOR is like a trusty sidekick - always there when you need them! So ask, how responsive are they? Do they provide 24/7 support? Remember, you're in different time zones, and you don't want to be left hanging for a response! You need an EOR that's on the ball, giving you peace of mind knowing that your international operations are in good hands. After all, we're talking about your business and your brand reputation on the global stage!

Will the EOR be responsive as a client?

Imagine having a partner who listens, understands, and acts promptly! It's like a relay race, where both you and your EOR are sprinting towards the same finish line - your business success! Surprisingly, only 35% of businesses have managed to find such a responsive EOR.

Track Record and Expertise:

Can the EOR prove success?

Just like in a job interview, you wouldn't hire someone without checking their references, right? The same goes for your EOR. Ask for their success stories, case studies, and client testimonials. 51% of businesses vouch for the effectiveness of an EOR based on their proven track record.

What are EOR agreement terms and termination?

Just like any business agreement, understanding the terms of your contract with an EOR is pivotal. What does their contract entail? What are their termination terms? Avoid falling into this trap! Ensure you're well-versed with the agreement terms—after all, it's all about securing a beneficial partnership for your global business ambitions, isn't it?

Employment Details:

Is legal employment ensured?

Ensuring legal employment is a must, and your chosen EOR should be able to confidently tick that box. We're talking about full compliance with local labor laws, proper employment contracts, statutory benefits and all the nitty-gritty paperwork neatly sorted.

Is EOR the direct employer?

Remember, your EOR should be the direct employer of your overseas workforce. They're the ones who handle all the legal, HR, and administrative aspects of employment, meaning you can focus on your core business.

How does the employment contract function?

Understanding the workings of an employment contract is critical. Who drafts it? Who signs it? The answer is your EOR. They're the ones who create and sign the contracts by local labor laws, ensuring everything is legit—no loopholes, no missteps.

What are EOR's employment models?

Does the EOR provide full-time or part-time employment? Do they pay employees or do they cater to independent contractors? Your business needs might vary and having an EOR that offers flexibility is a jackpot! An ideal EOR should accommodate your unique needs while ensuring compliance with local employment laws.

Data Management and Security:

How's payroll data managed?

When it comes to managing payroll data, an EOR should have a failproof system in place that ensures absolute accuracy and confidentiality. Ask how they handle and store sensitive payroll data. Do they use cloud-based platforms? How secure is their data management system from potential breaches?

How is data stored securely?

Ensuring that your sensitive data is stored securely is non-negotiable. You don't want your payroll data lying around, do you? So ask them straight up, how they secure data. Do they use encryption? Firewall protection, perhaps?

Any data sharing with third parties?

Sharing your data with third parties can feel a bit like handing over the keys to your house. It's critical to clarify whether your EOR shares any data, especially sensitive ones, with third parties. If they do, what measures do they take to ensure that this information is handled securely and responsibly?

Employer of Record Benefits:

What are the EOR Benefits?

Choosing the right EOR can be a game-changer for your whole global team and expansion plans! They bring a whole host of benefits to the table.

EOR for specific business needs?

You've got unique business needs, right? And that's why it's crucial to choose an EOR that aligns perfectly with them. Remember, it's not a one-size-fits-all game; we're talking about your global expansion dreams here! You need an EOR that offers tailored solutions—be it full-time, part-time, or gig workers—while ensuring 100% compliance with local laws and employment agreements.

EOR for safe international hires?

Choosing an EOR is much like choosing a safety net for your international hiring. It's all about having the right support when you're hiring internationally across borders. Think of it this way: Would you hire a babysitter without doing a background check? Of course not! It's the same with your EOR. They're your safeguard against any legal hiccups, ensuring your overseas hires are 100% legit. Remember, we're talking about your brand reputation and the future of your business here, so choose wisely!

EOR's role in legal compliance?

Remember, your EOR is like your legal eagle when it comes to local labor laws and compliance. They're the ones who've got their eyes on the nitty-gritty of it all—contracts, taxes, benefits, you name it. With a whopping 100% of businesses citing compliance as a top reason for using an EOR, it's clear that they're the experts at keeping you on the right side of the law. So, when you're considering how to choose an employer of record, make sure they've got a stellar track record in this area.

Localized benefit packages by EOR?

An EOR can provide you with a localized benefit package for your overseas employees that meets the local standards. With their expert knowledge, they can advise on the best course of action to ensure your workforce has access to benefits like health insurance and pension plans without breaking any labor laws. This is especially important if you're looking to make a good impression in international markets!

EOR's role in IP protection?

Your EOR also plays a crucial role in protecting your Intellectual Property (IP). When you hire overseas, you want to ensure your business secrets stay secret, right? That's where your EOR comes in. They'll have mechanisms in place to ensure your IP doesn't land in the wrong hands, safeguarding your business's most valuable assets. So when you're figuring out how to choose an employer of record, remember to ask them about their IP protection strategies!

What makes an employer of record different from a Staffing agency?

While an EOR and a staffing agency might seem like the same thing, they have different roles. An EOR handles both HR and administrative tasks for your overseas employees, and global payroll, while a staffing agency focuses on recruitment.

A staffing agency will typically process candidates and send them to you to make the hire—it's then up to you to handle the international employment aspect of things. An EOR, on the other hand, takes care of everything—they become the global employer and handle all aspects of employment from start to finish. While staffing agencies can be helpful in certain cases, if you're looking to hire overseas then an EOR is a must-have!

How is the Employer of Record different from than Professional Employer Organization?

While an EOR and a Professional Employer Organization (PEO) might look similar, there are several key differences. First off, an EOR is typically only used when hiring international employees, while a PEO can be used to manage and hire employees in both domestic and international markets.

An EOR also primarily focuses on the administrative aspects of employment—they're essentially your HR and payroll department when it comes to overseas hires—while a PEO typically specializes in managing the employee benefits side of things. Ultimately, both an EOR and PEO can be useful in their ways; the key is understanding which one can best meet your business's needs!

What's the difference between EOR, BPO and Staffing Agency?

Think of an EOR as your HR and payroll guru for your international hires - they've got you covered from A to Z. A BPO, on the other hand, is like outsourcing an entire business' hiring process - they're your go-to guys when you want to focus on the core functions of your business. And a Staffing Agency? They're the matchmakers of the job world, helping you find the perfect candidates for your team. But remember, they won't handle the nitty-gritty of employment like an EOR does. So, pick your player wisely!

What is the best employer of record in the Philippines?

When it comes to the best Employer of Record (EOR) in the Philippines, Remotify stands above the rest. With their deep understanding of local labor laws, extensive geographical coverage, and tailored services that align with various business needs, Remotify is an outstanding choice for businesses seeking efficient and reliable EOR services in the Philippines.

Not only do they provide comprehensive HR and administrative services, but they also ensure stringent data management and security, protecting your company's sensitive information. Additionally, Remotify offers localized benefit packages to employees, ensuring that your workforce is well taken care of. Therefore, if you're considering international expansion or hiring remote employees in the Philippines, Remotify is undoubtedly a top choice to consider.