Employer of Record (EOR) Services

MORE WORKFORCE POWER – LESS RISK 

A nextSource employer of record (EOR) solution frees you to focus on your core business while minimizing employee classification risk.

End-to-end efficiencies

From specialized payrolling services to customized implementation plans ensuring full compliance with regulatory requirements nextSource takes all administrative and legal responsibility for paying wages, benefits and submitting local, state and federal payroll taxes for temporary workers.

 

Employer of Record Services Solution Overview:

  • Employee Classification (1099 vs. W-2 classification)
  • Workers’ compensation, unemployment and professional insurance
  • Administration of pre-hire screenings, benefits, and records
  • A fully-automated on-boarding & off-boarding process
  • Rate and salary determination
  • Statutory and regulatory compliance
  • Ongoing risk assessments and performance reviews
  • Cost benefit analyses of regular versus contractor utilization
  • Automated technology for efficient process management and on-demand reporting
  • Program metrics via satisfaction surveys and performance reviews

Benefits To You:

  • Protects against misclassification and penalties
  • Relieves risk associated with workers’ compensation and other types of insurance
  • Provides increased labor spend management and control
  • Streamlines and standardizes on-boarding and off-boarding processes
  • Minimizes the time, effort and overtime costs associated with learning and complying with employment laws
  • Simplifies expense reimbursement for temporary workers
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