Via Hyperlocal EOR Approach: 9 Key Benefits

When you’re choosing an EOR partner for hiring abroad and building your global team, you want to select a provider that goes above and beyond basic payroll and benefits. 

Most EORs focus on helping companies hire 1 or 2 workers in 100+ companies. While this approach can be great for some distributed teams looking to hire dozens of people scattered across dozens of countries, it’s not the optimal solution for companies looking to build a local HQ or gain a serious foothold in a new market. 

As a hyperlocal EOR provider, Via focuses on depth, not just breadth. Via is your HR team abroad. Our team plays a critical role in your company’s day-to-day operations, helping you navigate any challenges that arise related to payroll, benefits, onboarding, offboarding, and compliance. 

Here’s a look at how our hyperlocal EOR approach works. 

1. Management of end-to-end employee lifecycle without an entity or local HR team

From helping your workers complete all of the required onboarding documents to ensuring that your terminated employees receive the right amount of severance, Via guarantees that your HR processes remain compliant with all local laws.

Via has established its own entities abroad, which means we can manage all HR functions in markets where you lack a local entity or local HR team. This enables us to support your team with the following: 

• Creating customizable and compliant employee contracts that protect your business’s intellectual property (IP)

• Hands-on onboarding, including support with navigating the platform, registering with government institutions such as social security, filling out bank account information, and completing benefits enrollment 

• Hands-on offboarding, including support with terminations and severance payments

• Ongoing payroll management, including biweekly or monthly payroll, reimbursements, bonus payments, 13th-month payments, and payroll taxes 

• Benefits administration

• Support with other HR processes, such as mandatory trainings for companies with large teams and employment verifications 

Our approach saves your business $200,000 in entity setup costs and 6-12 months of time. 

2. Ongoing payroll management and support

While some EORs outsource payments to financial partners, which can cause unexpected delays, Via pays workers directly from our own bank accounts. Via’s hyperlocal approach to payroll ensures that your workers are always paid on time and correctly. 

Our local accounting experts work closely with your customer support team to help you navigate more challenging payroll situations as well, including:

• Paid leave, including parental leave

• Sick leave

• Overtime pay

• Holiday pay

• Reimbursements

• Bonuses

• 13th-month payments 

• Severance payments

• Converting contractors to full-time employees 

3. Best-in-class benefits packages

When you're recruiting for software engineers, HR managers, customer support specialists, and other tech or business roles in a new country, you might be surprised by how different the compensation & benefits packages abroad are from those offered in your home country. 

Many EORs offer basic benefits packages that meet the legal requirements, but that's just scratching the service. Via ensures that your full benefits package is on par with what is being offered by local employers for that specific role.

Best-in-class health care plans 

Partnering with Via means having access to a robust group plan, which is crucial for recruiting top talent. Your employees will receive health coverage that is equivalent to plans offered by established local employers and local PEO providers. 

Customizable packages

Some employees, including senior hires, require a different benefits package. Via’s healthcare plans enable your business to offer customizable benefits packages for older employees, such as more robust healthcare coverage or life insurance. 

Other benefits

Each country has their own set of unique mandatory and recommended benefits. Some benefits might be common in one country, but hardly exist in another. For instance, employers in Mexico often include grocery allowances in their employee benefits package. As you begin hiring in a new country for the first time, Via ensures you’re building the perfect benefit package to recruit and retain top talent. 

Other common benefits offered by Via clients include life insurance, private retirement plans, access to co-working spaces, mental health resources, gym/fitness stipend, and other supplemental benefits.

4. Seamless invoicing and local payments

We invoice your business in the currency that makes the most sense for you. Via then pays your worker in their local currency to maintain compliance. Our system ensures that your business is not subject to double taxation. 

Thanks to our payment system, you also don’t have to worry about high FX fees or bad conversion rates. 

The best part? There are no hidden fees. Our employer cost simulations transparently line item out each tax & statutory benefit so you have full clarity into your costs.

5. Immigration and visa sponsorship support 

Via can sponsor work visas & permits in a number of countries, with the list growing each day. Our hyperlocal EOR model makes it possible for you to relocate employees from, say, India to Canada or Ukraine to Portugal. 

With our immigration services, you won’t need to worry about hiring immigration lawyers or disrupting your business operations.

6. Equipment and technology support 

Do you need to supply your workers with laptops, tablets, monitors, headphones, or other pieces of equipment? If so, Via allows you to add on an equipment distribution service.

Our technology distribution partners ensure that your employees have access to the high quality tools they need to succeed in their roles. 

7. Access to local talent 

While Via does not recruit talent for you, we can put you in touch with our local recruiting partners. You can start by hiring a few workers in a new hub and slowly scale up your business’s operations at your own pace. 

8. Compliant hiring practices 

Today, many EORs focus on cutting corners or hiring workers as contractors, which can lead to serious compliance risks and fines. Through our hyperlocal EOR model, we ensure that your workers are classified correctly. We can also help you convert contractors to full-time employees.

9. Access to a hands-on customer support manager

Via pairs each company with a seasoned customer support manager who is tasked with answering all of your questions and supporting your team. Your customer support manager is also a strategic consultant, prepared to help you structure your team abroad and begin expanding into new markets. 

Interested in learning more about Via’s EOR services?

Talk to us today.