Millennials and Gen Z made up for over 60% of the global workforce in 2020.
They'll make up for 75% of the global workforce by 2030.
The majority of this demographic doesn't want to work full-time in the office, once the pandemic is over.
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90% of Gen Z and Millennials do not want full-time office work once the pandemic is over. (Citrix, 2021)
50% of this population prefers work that aligns with their personal interests and goals, turning to the gig economy. (Freelancing in America, 2017)
Between March and April 2021, a FlexJobs survey found that 58% of respondents would “‘absolutely’ look for a new job if they cannot continue remote work.”
So how can employers capitalize on this opportunity?
Remote work has paved the way for companies to hire employees across the globe. So how can employers change their work environments to accommodate talent from around the world?
By offering a flexible work environment
By taping into the contingent workforce
Through and Employer of Record (EOR)
What is an EOR?
An EOR or an Employer of Record is an organization that partners with you to help you hire employees from countries where you do not have a registered local entity. EORs employ talent into their payroll and become the legal employer of the foreign talent you want to hire while you manage their day-to-day tasks.
Download this guide to:
Understand what an EOR is and the benefits in comparison to hiring contractors or using a staffing agency, for example.
See how an EOR works in an example conversation between a Founder based out of USA and his Global Recruitment Consultant.
Discover SIX things fast-growing companies do with an EOR
Learn what you cannot do when you partner with an EOR
Consider if an EOR is right for you, and questions to think about when choosing an EOR vendor.
