Employer of Record (EOR) Services in Nepal for US Companies

Expanding your business means going global by hiring employees. Nepal has become a center for United States companies to hire skilled workers and employ them for day-to-day activities regardless of the time zone and geographical difference. When you depend on workers from only your country, you usually limit the potential of your organization in many ways. However, hiring from other countries means that you promote diversity, growth, and profitability while also saving costs. This is exactly why you need to seek help from Employer of Record  EOR services providers. 

In this blog, we will discuss everything you need to know about using EOR services in Nepal for United States companies. Make sure to read till the end!

Employer of Record EOR Services refers to the third-party entity that works as an employer for the employees of a company. EOR service providers handle all the operational tasks, giving the hiring companies plenty of time to focus on their core objectives. Such agencies specialize in human resources management and payroll management and are just as compliant with the legal laws of the country of the company they’re working for. 

Similarly, a company located in the United States can easily seek help from an EOR service provider situated in Nepal, who can further help the firm recruit skilled Nepalese workers seamlessly. Once an organization uses the Employer of Record service, they are freed from the hassle of managing daily operations. They can let the service providers handle complaints and demands of the employees. Likewise, business owners in America will also be able to spread their operations globally without having to establish a local entity in Nepal. 

There are many reasons as to why you should consider hiring in Nepal. Nepalese youth have been working for companies in the United States wherever they are. With the growth of interest and skills in sectors like digital marketing, customer service, accounting, and Information Technology (IT), the Nepali workforce is getting more competitive every passing year. EOR services in Nepal will help you get your hands on the best talents. 

Moreover, since the workers in the country will be working remotely, they are just as flexible with their working hours. You don’t only get skilled but also a diverse set of employees in your organization, which will further help your company build a better reputation. 

A company, especially from the United States, can remain profitable and cut costs immensely without having to compromise on the quality of work from employees. The results you get even at the least possible cost are admirable, to say the least, when you hire EOR services in Nepal. 

That said, the following are some major benefits of hiring a Nepali EOR service provider:

United States companies don’t have to set up a subsidiary company in Nepal to hire employees from the country if they seek help from an Employee of Record service provider. You will be saving lots of time, money, and effort. The third-party agency will hire employees and handle the operations, leaving you with duties that are more crucial for company goals. 

Companies want to cut costs without having to risk the quality of work deliverance from their employees. In Nepal, you get the best of both worlds with an efficient workforce and low wage costs! As a business owner, you will pay less for a service that is the same or even better, as compared to work by employees in most other countries. 

Growing your company outside of the United States can seem expensive. However, when you seek help from a third-party entity, you can grow your business without having to worry about the costs and the efforts. An initial deal with the entity is adequate to grow and scale your business with flexibility. 

EOR service companies in Nepal run under strict legal regulations. Plus, they are completely safe and dependable. While outsiders are not permitted to employ the Nepalese workforce without going through certain legal obligations, your third-party partner will become the employer of the recruited workforce. This also means that they will be legally responsible for the 

employees and daily operations of your company, in general. 

While EOR Service gives your company the liberty to become mindless in several aspects of daily operations and employee management, there are several things to remember before hiring a service provider in Nepal. Though complications in the process when you’re working with a third-party entity as such are exceptional, keeping a few things in mind can always make the collaboration seamless and smooth. 

The following are a few things to remember as a US company seeking EOR help: 

Hiring from another country can be complex at first. Before you collaborate with a third party, you need to clarify your needs and goals. Likewise, you also need to hear from them and match conditions accordingly. Be sure to read contracts properly and set a budget that you both can agree with. Establishing clarity before collaboration will help avoid possible complications in the future. 

Companies often employ EOR service providers to handle their company’s operations without taking into consideration the legal regulations of the country they’re hiring from. It is best to learn about the laws and regulations in Nepal before you blindly dive into using the service. Staying updated on any changes in laws and regulations of the country can further help in accidental violations of the rules. And, you get a better picture of how things work in Nepal. 

Company owners and leaders who are hiring from the US must always keep an active flow of communication with the Nepali EOR team. You get an insight into how things are going among your employees and can also monitor the work in every other contact. This does not necessitate connecting with the employees directly, but getting reports and updates about operation, performance, and progress from the service provider. 

You have to make sure that all your employees who have been hired and working under an EOR partner are positive during work. You can consult with the partner as to how things can work better for the workers to get the expected results from them. Enforcing positivity is effective at all times!

Choosing the right EOR partner can be a tough decision. Many companies promise quality service, but not all can be trusted. Further, you have to match your objectives with the services provided by the third-party entity. 

You can simplify the process of choosing the right EOR partner in Nepal with the help of the following tips: 

A company in the United States can never tell, at first glance, if an EOR service provider in Nepal has a physical existence or is legit or not. The best way to find out is to find social proof and hear from the clientele. You can surf through their website and get in touch with companies who claim to have collaborated with the third-party agency before. 

Get to know about the experience of your EOR partner before signing a contract. Experience is crucial if you want to make your collaboration worthwhile. Make sure to ask a potential service provider about their past work, years of experience, and field of expertise. If their experience is relevant to your needs, then only you can proceed towards working together. 

The right EOR partner is going to cater to all your needs and objectives, from HR functions to scaling. Keeping into consideration your long-term goals, you need to make the ultimate choice. You also need to check into their quality of customer support beforehand to see how well-suited they can be for a long-term collaboration. 

Whether it is how they conduct monthly payroll management or how they are handling your workforce, there must be transparency in everything. But transparency does not start only after you sign the contract. The EOR service provider must make it clear to you as to how they’re going to work for you and what they can offer you. Without promising clarity, no collaboration will be fruitful. 

EOR services are meant for all types of businesses, whether they are startups or established ones. A company from the United States can grow from scratch in Nepal without having to go through the hassle of building a physical entity or investing heavily if it chooses the right EOR partner. Regardless of whether your company is seeking goal achievement in the short term or the long run, Employer of Record services hired from Nepal can be very beneficial. 

Srijana Neupane is a Human Resource enthusiast and VP Business Growth at EOR Nepal