Hire Anyone, Anywhere With Norwest Venture Partners Preferred Pricing

Global Employer of Record enables companies to establish a presence in foreign markets without the complexities and restrictions of setting up an entity. Velocity Global becomes your Employer of Record (EOR) and hires members of your global team on your behalf through local, compliant employment contracts

Global Employer of Record gets you set up and operating in new markets in as few as 48 hours, with savings of up to 60% when compared to entity establishment. We handle all compliance and risk mitigation, and our experts oversee payroll and benefits considerations with support available around the world. This solution allows you to tap into global talent pools and new international markets quickly, affordably, and compliantly.

Global Employer of Record benefits organizations of various sizes and sectors. However, it is particularly valuable to companies that:

• Are unsure if they will be in the market for five or more years
• Have international headcounts between one and 20 supported employees
• Cannot delay their hiring timelines and need to be operational in new markets quickly
• Do not have the extensive financial and internal resources required for global expansion
• Require a bridged solution between an acquisition close date and entity readiness

Yes, we use locally compliant employment contracts to hire new members of your global team and become their legal Employer of Record (EOR).

Employee misclassification is a considerable risk in this situation. If the employer manages an employee’s day-to-day responsibilities, or if the employee reports only to that employer, the employee is not a true consultant.
Misclassification can result in severe fines and penalties, so if you are unsure of the status of any employee, partnering with a Global Employer of Record provider ensures compliant hiring.