Welcome to Moneyjack.online’s Comprehensive Review
In this detailed review, we’ll take an in-depth look at globalization partners. Our focus will be on the company’s background and its operations in Australia, specifically how it effectively manages remote teams. Additionally, we’ll demystify the concept of a global Employer of Record (EOR) and highlight the EOR services offered by Globalization Partners.
What are the globalization partners?
Globalization Partners is an international recruitment agency that enables employers to hire skilled and talented professionals from around the world, tailored to their specific needs. The company has extensive connections in nearly every country, ensuring legal and efficient international hiring. For example, Globalization Partners Australia excels at sourcing global talent to meet the unique demands of Australian employers.
Why is the ‘Employer of Record’ a Model for Global Working?
The Employer of Record (EOR) model is changing how businesses handle their global workforce. Now, companies can hire workers in other countries without having to set up a legal presence there, all thanks to this innovative approach. With an EOR, businesses can easily navigate complex international employment laws and regulations, staying compliant while focusing on their main activities.
The EOR takes care of tasks like payroll, benefits, taxes, and other administrative duties, reducing the workload for employers and streamlining the process. This model not only simplifies global hiring but also ensures that employees receive the protections and benefits guaranteed by local labor laws. As remote work and international teams become more common, the EOR model provides a flexible, efficient, and compliant solution for businesses aiming to grow their global presence.
How are globalization partners different from others?
| Features | Closest competitors | Globalization Partners |
| Available in 187 countries | No | Yes – The world is at your fingertips |
| Worldwide entity infrastructure built and staffed in-house by world-class legal, HR, and tax experts | No | Yes – Ensure compliance by using one vetted partner |
| Transparent pricing and consolidated invoices | Inconsistent | Yes – Know what to expect every month |
| Regional and in-country experts are available 24/7 | Inconsistent | Yes – Streamlined communication with our local, in-house HR experts, held to a 97% customer satisfaction rating |
| Help Center for you and your global team | No | Yes – Get your questions answered with fast response times |
| End-to-end technology platform | Inconsistent | Yes – One simple, secure login, globally accessible via desktop or mobile |
| Automated employment contracts | No | Yes – Digitized options to make issuing offers to valuable candidates quick, compliant, and easy |
| Easy time and expense management via a mobile app | Inconsistent | Yes – Seamless experience for global employees |
| Employee data is protected with a GDPR-compliant solution | Inconsistent | Yes – No more storing data in email and spreadsheets |
| Add headcount anywhere in just a few clicks | No | Yes – Take control of your growth timeline and scale faster |
| Maintain legal ownership of intellectual property | Inconsistent | Yes – Keep one of your company’s critical assets under your control with a product built by a world-class legal team |
| Preferred partner of major payroll providers | No | Yes – is the most trusted brand in the industry |
| Vetted and endorsed by world-class employment lawyers and analyst firms | No | Yes – Market leader operating globally since 2012, built to scale with you |
| Proven financial stability | No | Yes – A $150 million minority investment in January 2020 ensures a strong cash position and provides assurance your team is secure |
| Leading remote teams | Yes | Yes – Globalization partners are best at leading remote teams |
What is a global employee of record (EOR)?
An Employer of Record (EOR) is a service that helps companies hire workers in new international markets without the hassle and cost of establishing a legal presence in a foreign country. EOR providers take care of all the administrative tasks for the client company, making it easier for them to expand globally without worrying about legal complexities or financial risks. It’s an ideal solution for companies aiming to grow internationally while keeping costs and risks low.
TOP 10 Companies for Employer of Record
| Sr.No | Best Companies for Employer of Record | |
| 1 | Worksuite | Best for Combined EOR and AOR |
| 2 | Velocity Global | Best EOR for Enterprise |
| 3 | Globalization Partners | Best EOR for Add-On Services |
| 4 | Omnipresent | Best EOR for Visa Support |
| 5 | Safeguard Global | Best EOR for Global Expansion |
| 6 | People2.0 | Best EOR for Contractor Management |
| 7 | Multiplier | Best EOR for Equity Payments |
| 8 | Remofirst | Best EOR for Startups |
| 9 | WorkMotion | Best EOR for Hiring Flexibility |
| 10 | Skuad | Most Cost-Effective EOR |
What are EOR services?
Employers of Record (EORs) are outside companies hired to take care of everything related to managing employees. This includes tasks like handling tax paperwork, making sure everyone gets paid correctly, dealing with visa applications and sponsorship, offering benefits, and managing insurance matters.
Analysis of the 10 Best EOR Services
| Sr. No | Best Global EOR Services |
| 1 | Horizons |
| 2 | Remote |
| 3 | Deel |
| 4 | Papaya Global |
| 5 | Atlas HXM |
| 6 | Rippling |
| 7 | Talent500 |
| 8 | Oyster HR |
| 9 | Agile |
| 10 | Bradford Jacobs |
Best Employer of Record Comparison
| Ranking | Company | RemotePad Score | G2 Score | EOR Price | Countries | Other Services | Review |
| 1st | Horizons Remote | 9.6/10 | 4.9/5 | $299+ | 180+ | Contractors, Global Payroll, Recruiters, Visa Support | Horizons Review |
| 2nd | Deel | 9.4/10 | 4.5/5 | $599+ | 100+ | Contractors, Global Payroll | Remote Review |
| 3rd | Papaya | 9.3/10 | 4.6/5 | $599+ | 150+ | Contractors, Global Payroll, Visa Support | Deel Review |
| 4th | Atlas Rippling | 9.2/10 | 4.4/5 | $650+ | 180+ | Contractors, Global Payroll | Papaya Global Review |
| 5th | Talent500 | 9.1/10 | 4.4/5 | $595+ | 180+ | Contractors, Global Payroll | Atlas Review |
| 6th | Oyster | 9/10 | 4.8/5 | N/A | 180+ | Contractors, Global Payroll | Rippling Review |
| 7th | Agile | 8.9/10 | 5/5 | N/A | 180+ | Contractors, Global Payroll, Recruitment | Coming Soon |
| 8th | 8.8/10 | 4.4/5 | $499+ | 180+ | Contractors, Global Payroll | Oyster HR Review | |
| 9th | 8.7/10 | N/A | $599+ | 180+ | Contractors, Global Payroll, Visas | Coming Soon |
How long have globalization partners been around?
When Nicole Sahin established Globalization Partners in 2012, the concept of a global employer of record was relatively unknown and not well-defined. In the United States, the closest equivalent was the professional employer organization (PEO) market, which was valued at over $170 billion.
Who competes with globalization partners?
Top 9 Alternatives to Globalization Partners
1.Velocity Global
2.Lumity Benefits Solution
3.Safeguard Global
4.Omnipresent PEO
5.Insperity Workforce Optimization
6. Zenefits Services
7. ADP Comprehensive Services
8. Sequoia
9. Safeguard Global
What are globalization partners worth?
The company’s estimated worth is currently $4.2 billion.
How many employees do globalization partners have?
As of August 2022, the number of employees was 1170.
What kind of company is Globalization Partners?
Globalization Partners is a company that specializes in providing Employer-of-Record (EOR) services, which help businesses expand internationally by managing compliance, payroll, and HR functions for remote teams in different countries. It facilitates global expansion for businesses without the need to set up legal entities in foreign jurisdictions.
Is Globalization Partners a good company?
As for whether Globalization Partners is a good company, opinions may vary based on individual experiences and perspectives. However, it is generally recognized as a reputable organization in the field of global expansion services, with many clients benefiting from its expertise and support.
What are the values of globalization partners?
The values of Globalization Partners include integrity, customer-centricity, innovation, collaboration, and diversity. These values guide the company’s operations and interactions with clients, partners, and employees.
What is the mission statement of Globalization Partners?
The mission statement of Globalization Partners is to make it easier for companies to expand globally by providing compliant and efficient solutions for managing remote teams, enabling businesses to focus on their core objectives and growth strategies.
Conclusion
This post mainly discusses employer-of-record (EOR) services and globalization partners. It explains what a global employer record is and highlights how effectively managing remote teams can simplify the process of hiring talent from other countries. I hope you enjoyed reading it! If you found it helpful, please consider liking and sharing it.