The quest for flexibility and scalability has driven many organizations to explore innovative workforce solutions. One solution that has gained significant traction in recent years is the Employer of Record (EOR) model.
The popularity of EOR services stems from the fact that they allow organizations to access global talent, streamline their workforce management and minimize compliance-related hassles, all while retaining the flexibility they need to focus on their core business objectives.
An analysis from The IEC Group shows that the growth of EOR services will continue, projecting the market for EORs to reach $9.8 billion by 2028. A report from The Everest Group broke down the geographic adoption of EORs, with North America companies representing more than one-third of the global EOR services market.
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