💰 The Economics of Global Hiring: Staff Augmentation vs EOR 🌐🌎

This text examines the financial and operational differences between staff augmentation and the Employer of Record (EOR) model for international hiring. While staffing agencies act as high-cost middlemen by adding significant markups to employee salaries, an EOR provides a more transparent alternative by charging a flat service fee to handle legal and administrative tasks. By using an EOR, companies can hire talent directly and manage them personally, often resulting in substantial annual savings compared to traditional outsourcing. The source highlights that while agencies are useful for short-term needs, the EOR model offers better long-term value and fosters stronger relationships between employers and remote workers. Ultimately, platforms like Thriver CP represent a shift toward a more efficient global hiring market where businesses bypass unnecessary markups while maintaining legal compliance.

Jesus Romero | CEO - LinkedIn

Gama Rodriguez | CRO - LinkedIn

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