EMPLOYER OF RECORD (EOR)

WHAT IS AN EMPLOYER OF RECORD

Employer of Record (EOR) provides many of the same human resource services as Professional Employer Organization (PEO), like payroll processing, tax collecting/remittance, state regulation compliance, risk management, worker's compensation, and sometimes even employee benefits. However, there are many differences between the two and SETO CORP, INC. can help you find the solution that best fits your businesses needs.

Insurance

Sometimes PEOs may have difficulty getting worker's compensation insurance for businesses in risky industries. If the nature of your business is accompanied by a risky worker's compensation code you would be forced to seek insurance on your own. Partnering with an EOR covers your employees under their master plans.

Registration/Licensing

Using a PEO still requires you to register your business in any state you plan to do business. Employers of Record are usually set up across all states, allowing their clients to operate freely in any state the EOR is registered.

Employment

Using the PEO model leaves employment contracts with you EMPLOYER of RECORD become actually become your employee legal employer, leaving any employment contracts with the EOR much like a staffing company and their temporary workers

Labor Law Compliance

  • A PEO do not assume responsibility of the treatment of the employee(s). 
  • This leaves any statutory compliance risks with the client. Employer of Record become the employees legal  employer and assume ALL RISKS involved.

EOR program provides:

  • Complete workforce compliance and classification 
  • Co-employment risk mitigation 
  • Claims management 
  • Benefits program management and administration 
  • Payroll processing—registered in all 50 states 
  • Payroll tax payments and filings 
  • Unemployment insurance payments and filings 
  • Workers’ compensation 
  • Paycheck and payroll distribution 
  • W2 filings
  • Retirement plans

HR Outsourcing Services Include:

  • Recruiting and ramp up 
  • Payroll administration 
  • Employer liability management 
  • Payroll Services for Small Businesses 
  • Vendor Management System Staffing 
  • Outsourcing Managed Services 
  • Contingent Workforce Management Solutions 
  • Performance and evaluation 
  • Health and welfare benefits 
  • Retirement Plan
  • Government compliance