An Employer Of Record (EOR) also known as a Portage Salarial is a company or organisation that acts as the official employer for a worker, even though that worker may be performing services for another company or client. The EOR is responsible for legal and compliance matters related to the worker, such as taxes, benefits, payroll, employment laws and contracts. This arrangement is often used in situations where a company wants to hire a worker on a contract basis but does not want the legal and administrative responsibilities that come with being the worker's official employer.
What are the benefits of using an employer of record in France?
An employer of record in France can provide several benefits for your company looking to hire locally in France. Some of these benefits include:
1. Compliance with French labour laws:
French labour laws and regulations can be complex and difficult to navigate for companies that are not familiar with them. An employer of record will have knowledge of and be able to navigate the complex regulations and laws surrounding employment in France, ensuring your company follows all relevant laws and regulations, reducing the risk of fines or penalties.
2. Reduced administrative burden:
An employer of record can handle many of the administrative tasks associated with hiring employees in France, such as payroll, taxes, and benefits.
For example, an EOR can handle all the tax and social security requirements for the company's employees in France, which can be a significant administrative burden for companies that are not familiar with the French system.
3. Flexibility:
An EOR can provide your company with the flexibility to hire employees on a temporary or project basis, without the need to set up a legal entity in France. These flexible workforce solutions, allows you to quickly scale your operations up or down as needed.
4. Reduced risk:
An employer of record can assume some of the legal and financial risks associated with hiring employees, providing added protection for your company.
5. Access to a larger pool of candidates:
An employer of record can provide access to a larger pool of potential employees, as they can handle the hiring process for your company.
6. Help with the local language and culture:
An employer of record can help the company to understand and navigate the local language and culture, which can be a significant advantage for your company if you are unfamiliar with the French market.
How does an employer of record work in France?
Through our EOR services, Leap29 would legally employ your selected employees whilst you will be responsible for the employees tasks. Leap29 operate in multiple countries which allow us to gain specialist knowledge of local laws and compliancy. Contracts for your employees will be compliant with French laws and can include benefits such as pensions and insuring your employees.
We will ensure the employees have a fast and transparent onboarding process, a monthly agreed salary which is paid on time, employee benefits such as insurance and pensions and a point of contact which will be available to answer any queries which they may have.
If you would like to find out more about employers of record in France, contact our experts today.
