I’ve been considering using an EOR service for expanding our team internationally, but I’m curious about the costs. I know that setting up a local entity in another country can be really expensive and complicated, so I thought an EOR could be a good alternative. However, I’ve heard some mixed things about the pricing, and I’m not sure if the benefits outweigh the costs. For example, last year we almost expanded into Germany but the administrative cost was overwhelming. Anyone here have experience with the pricing of EOR services? Is it worth it?

I totally get your concerns about cost—it’s something we thought a lot about when we first started using an EOR. The fees can vary depending on the number of employees and the countries you’re dealing with, but overall, it’s definitely cheaper than setting up a whole new entity. What’s great about an EOR is that it handles all the legal, compliance, and payroll stuff, which saves you time and potential fines. You can check out more details on the cost breakdown here https://theemployerofrecord.com/ . We found it to be much more cost-effective in the long run, especially when you consider the risk of making mistakes in unfamiliar markets.

It’s interesting how the cost of using an EOR is sometimes underestimated. From what I’ve read, the initial fees might seem a bit high, but once you factor in the costs of setting up local entities and the legal risks, it starts to make more sense. Plus, for remote teams, it helps streamline payroll and compliance across borders, so there’s definitely value in that. If you’re planning on scaling fast, it could save you a lot of headaches and hidden costs down the line!