Contracting with an Employer of Record Can Reduce Your Liability

While sourcing manpower is vital to the business operation, it can be a tricky and stressful process since it includes the assumption of responsibilities for all employment, costs and liabilities associated with labor. Hence, companies get an Employer of Record in order to alleviate their burden.

By using Excel Guyana as your Employer of Record, recruiters and other businesses’ burden of hiring and interviewing potential candidates will be alleviated. Not having to deal with payroll and HR issues can potentially save hours and instead be used to formulate business strategy. An Employer of Record is a cost-effective way to outsource payroll and HR functions. The company pays the Employer of Record a set rate for every hour the employee works, and the Employer of Record handles all tasks related to manpower. Excel has an excellent record of providing these services to Guyana and the CARICOM region by recruiting proficient talent in a global scale.

“Excel Guyana offers a more efficient and less expensive alternative to direct hiring by assisting business ventures needing manpower in their field. For instance, Excel as an Employer of Record has the capacity to perform different services as advised by the client such as hiring and terminating employees, processing of payroll and facilitating tax remittances,” Mr. Ewan Shanks, VP of Recruitment Services explained.

Employer of Record services can be particularly helpful when transacting with payroll dispensation and employment laws for employees in multiple states and countries. The Employer of Record stays updated on the state and local laws so the company does not have to worry about learning and complying with laws in multiple places.

In case of large companies that require large-scale hiring, the Employer of Record also comes in handy since they are in charge of organizing job fairs, interviewing and filtering potential candidates and providing more trained interviewers.

Excel Guyana is focused on sourcing and recruiting Expert Consultants in order to train and improve local services. Through this process, the Guyanese will have more education and learning experience from international sources which they can apply locally in order to strengthen the human workforce. This includes hiring positions such as lead engineer, architect, bank manager and other positions that can train and improve the skills of the local workforce on a limited contract.

As Guyana improves in terms of economic growth in certain sectors, the need for utilizing its workforce becomes more apparent. By having a productive local labor force, the boom in economic development will be much faster and cheaper than upscaling internationally. The end goal of this is for Guyana to become an independent nation supported by a productive population. Minimize your business risks while strengthening your business, without establishing your own legal entity in Guyana.

Excel Guyana’s Recruiting Division’s dynamic team is the foundation for a fast-growing integrated company focused on offering comprehensive solutions to our clients and partners.  Excel is committed to being a vital driver in the development of Guyana and welcomes interest from foreign partners that have skills and products that are essential to Guyana’s growth. It offers services to clients and partners in their recruitment needs including complying with local recruitment policies like the Local Content Registration. In addition, it also offers services to help job seekers in creating promising career paths and find sustainable employment in construction management, procurement and logistics, human resource, accounting, among others.

Excel Guyana is equipped with more than 30 years of experience in helping many businesses in Guyana and the CARICOM region to flourish. Entrusting your business and investments is a delicate process and you can be assured that with more than 10 years of local presence in Guyana, it has established business and supply chain networks in Argentina, Brazil, Canada, China, Colombia, India, Mexico, the United States of America, and Venezuela.

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