Businesses expanding globally often face challenges with onboarding employees in foreign countries, primarily due to the costly and time-consuming nature of legal compliance. Many business owners in Canada find this process particularly daunting.
To address these challenges, Employer of Record (EOR) services in Canada have become a popular solution for managing international employment. These services simplify the complexities of international hiring, reducing the burden on business owners and enabling them to benefit from global talent.
After evaluating various EOR services, we recommend using Multiplier. This platform is intuitive and cost-effective, helping companies manage the legal and administrative responsibilities of employing remote workers across borders at an affordable price. If you’re interested in a detailed review, let’s dive in.
Top Employer of Record Services in Canada
1. Multiplier EOR
Multiplier is a leading leading (EOR) Employer of Record services in Canada, enabling companies to employ overseas workers & expand globally without setting up entities. Its technology simplifies the employment process by handling the complexities of local compliance, onboarding, employer tax filing, payroll processing, and other HR functions. Its excellent customer support makes it the best, as whenever issues arise, the team is swift to tackle & solve them.
Multiplier is widely known to be the best as it takes time to understand what clients want.
Core Features of Multiplier
Multi-country payroll: You must comply with local labor laws and taxes if you have employees in other countries. Still, it will be time-consuming and complicated to learn the differences in foreign payroll regulations from your HQ country. So, Multiplier combines payroll, time, and expenses on one platform to help you compliantly pay your global workforce.
Compliance Tracking: As Regulations and requirements are continuously changing, Multiplier helps companies to demonstrate clear compliance expectations and adopt clear policy statements, making it easier to comply with regulations, thereby reducing the legal risk of regulatory compliance failures.
Payroll Management: Multiplier manages everything concerning paying employees and filing employment taxes, including calculating wages, withholding taxes and other deductions, printing and delivering cheques, and spending government employment taxes.
Employee Onboarding: Multiplier knows the perfect thing to do in the employee onboarding process. It assists companies in orienting and acclimating new employees to their work environment to adjust to their new roles and become productive team members as quickly as possible.
| Multiplier's Pros | Multiplier's Cons |
|---|---|
| It's cost-effective | |
| Multiplier has an intuitive dashboard with a top-tier customer service team. | |
| Always making operational processes better by collecting customer feedback. | None for now (they can tackle all noticeable drawbacks through their excellent customer support) |
2. Oyster EOR
Oyster is a global employment platform for companies looking to employ talent in countries where they do not have a legal entity, i.e., companies unfamiliar with foreign employment laws and regulations.
One of the things Oyster does well is onboarding and offboarding. Its services cover more than 180 countries, allowing small to midsize businesses (SMBs) to handle global human resources (HR) processes and local benefits. They’re adept at delivering a quality service and helping your organization navigate foreign laws and requirements. The only downside we observed is that their customer support personnel are not swift and responsive.
Core Features of Oyster
Onboarding: Oyster enables companies to integrate new hires into their organization by helping them become familiar with its values, goals, expectations, and the tools and resources they need to be productive. This ensures that new employee feels comfortable and confident in their new role and can perform their job to the best of their ability.
Applicant tracking: With Oyster, you can organize information about job seekers and make it searchable, track candidates through the hiring process, schedule interviews, issue notifications, and alerts, and send automated emails to candidates and employees, such as recruiters and hiring managers, and also you can cull applicants and recommend the top candidates.
Employee self-service: Oyster enables company employees to update their personal information, access their payslips and documents, enroll for benefits, and enter details on tax withholdings, deductions, etc., from anywhere and from any device instantly without the intervention of the HR team. It also helps them in planning how the onboarding process should look.
Cost tracking: Organizations must keep their projects under control to identify areas where they expect to spend money. Oyster helps you compare your expected expenses to your actual costs and monitor budget and cash flow fluctuations.
| Oyster's Pros | Oyster's Cons |
|---|---|
| Robust payroll calculations and tax compliance. | The lack of phone support can be a drawback for some users. |
| Streamlined HR functions for efficient management. | The exchange rates between currencies made the process harder to manage. |
| The onboarding process is straightforward and fast. |
3. Rippling EOR
Rippling is a fantastic employer of record service in Canada that can integrate several vital functions, such as payroll, new employee onboarding, benefits management, and device management, into a single platform.
Here, you can save hours of reconciliation work each month with payroll and expense data that are automatically categorized and synced to your general ledger. Through Rippling EOR’s entities, you can start hiring and working with employees in Canada quickly and compliantly.
This highly customizable platform means you can tailor it to your company’s needs, but they are not big on phone support. They mainly respond via email, and there is an extra fee for everything, including payroll corrections.
Core Features of Rippling
Time tracking: Rippling enables companies to track work hours by requiring employees to clock in and out at designated times, such as starting and ending the workday and unplanned breaks. This helps them make more intelligent decisions about how they price and run projects, how they schedule your team, and even how they spend their day.
Tax compliance: One of the most significant advantages of working with Rippling is that they are responsible for ensuring compliance with tax laws and regulations. It takes on the burden of calculating and filing payroll taxes, withholding and remitting taxes, and issuing tax forms so that businesses can avoid costly penalties and fines for non-compliance.
Customizable reports: Rippling custom reports allows companies to configure all settings, including when and how often to run the report, delivery format, and destination. It also enables them to translate any data into actionable insight to help their team make better, evidence-based decisions for their company.
Employee database: Rippling employee databases contain records of employees, including their contact information, job titles, payroll data, and other information related to employment. So this helps companies to track employee performance, attendance/leave, and salary in one central. It also allows companies to identify potential training needs and manage other human resources functions.
| Rippling's Pros | Rippling's Cons |
|---|---|
| Rippling is great for automation. | Lack of phone support. Their responses are via email. |
| Great for onboarding and integration. | There is an extra fee for everything, including payroll correction. |
| Ripping has been incredibly helpful in tracking hours. |
Conclusion
Employer of record services in Canada provides valuable solutions for managing global employment, each with its strengths and weaknesses. Businesses should choose the service that best meets their needs based on features, pricing, and support.
We recommend Multiplier as the top choice for global employers of record services in Canada. Its user-friendly platform, comprehensive features, and exceptional customer support make it stand out.
Frequently Asked Questions
Confidentiality matters for legal and reputational reasons, so your EOR must have the appropriate data protections in place and secure technology that eliminates potential disclosures of private information. Employers of record services in Canada listed in this article utilize secure networks that align with all local requirements for protecting employee data.
With employers of record, especially Multiplier, you don’t have to worry about compliance errors or legal risks that come with in-house compliance assurance. Their legal team is experts in international and local labor laws. They stay up to date with every development in labor and employment laws.
