Employer of Record Statistics 2026: Market Size, Providers and What They Charge
We read the pricing pages, FAQs, help centres and terms of 29 EOR providers and recorded what each one publishes about price, owned entities, deposits, exit fees and contract terms. We also checked what it takes to register your own company in 37 countries, and set both beside the figures providers disclose, every deal since January 2025 and the market estimates, sorted by what each one counts.
24 of 29
EOR providers publish a starting price
EmployerRecords audit, Oct 2026
USD 499
median published starting price per employee a month
24 providers, Oct 2026
USD 4.4–6.8bn
range of ten estimates of the 2025 EOR market
EmployerRecords review of 8 research firms
USD 1.5bn+
Deel's annual recurring revenue, H1 2026
Calcalist, Aug 2026 (company figure)
Key findings
Most EOR providers publish a price, but few publish the terms that change the bill
Three findings come from reading 29 providers' pricing pages, help centres and terms, to see what a buyer can learn before a sales call. The other three set the scale: the largest provider's revenue, the US PEO industry EOR is often compared with, and the official share of agency work in the EU.
24 of 29
EOR providers we checked publish a starting monthly price on their own site. Rippling, G-P, Safeguard Global, Employment Hero and Ontop quote only.
EmployerRecords provider audit, Oct 2026
10 of 29
say how many legal entities they own, or list the countries where they own one. Eight more say they own some without a number.
EmployerRecords provider audit, Oct 2026
6 of 28
publish their security deposit rule. Remote, Oyster and RemotePass say a deposit may be required but give no amount.
EmployerRecords provider audit, Oct 2026 (1 provider unverified)
USD 1.5bn+
Deel's annual recurring revenue in the first half of 2026, up from the USD 1bn run rate it reported in early 2025.
Calcalist, Aug 2026, company figure
502
PEOs operate in the US, serving 233,000 client businesses with USD 446bn in industry revenue. EOR has no official count of this kind.
NAPEO, page updated Sep 2026
2.3%
of people in work in the EU aged 15 to 64 were temporary agency workers in 2024, the closest official measure of outsourced employment in Europe.
Eurostat, 2024
At a glance
Employer of record statistics at a glance: the 25 numbers that matter
Each figure shows its period and source. Market estimates come from research firms, provider figures from the companies themselves, and the pricing figures from our own audit.
Market size
- 01
USD 2.05bn in EOR provider revenue worldwide in 2023, the only estimate built from vendor revenue.
NelsonHall, Sep 2024
- 02
USD 6.24bn in EOR service revenue for 2026, by Mordor Intelligence's estimate.
Mordor Intelligence, Sep 2026
- 03
USD 4.4bn to 6.8bn is the range of ten estimates of the 2025 market. The median is USD 5.4bn.
EmployerRecords review of 8 research firms, Oct 2026
- 04
800+ EOR providers are active, by IEC Group's count.
IEC Group, May 2025
- 05
55% of executives use an EOR or third party to hire where they have no entity; 35% set up an entity. Vendor survey of 3,100 executives.
G-P World at Work report, Oct 2026
- 06
54% of organisations use or plan to use an EOR. Vendor survey of 425 leaders.
Atlas HXM Global Atlas Report, Mar 2026
The providers
- 07
USD 1.5bn+ was Deel's annual recurring revenue in the first half of 2026.
Calcalist, Aug 2026
- 08
USD 17.3bn was Deel's valuation after its USD 300M Series E.
SIA citing Deel, Oct 2025
- 09
1.5 million workers were paid by Deel, for 37,000+ customers and USD 22bn of payroll a year.
SIA citing Deel, Oct 2025
- 10
USD 300M+ was Remote's annual recurring revenue, with cash flow turning positive.
Remote, May 2026
- 11
9 acquisitions, rebrands and USD 20M+ rounds since January 2025. Deel is in five.
EmployerRecords deal log, Oct 2026
What providers publish
- 12
24 of 29 EOR providers publish a starting monthly price.
EmployerRecords provider audit, Oct 2026
- 13
USD 499 is the median published starting price per employee a month, from USD 99 to USD 699.
EmployerRecords provider audit, Oct 2026
- 14
10 of 29 providers say how many legal entities they own.
EmployerRecords provider audit, Oct 2026
- 15
6 of 28 publish their security deposit rule.
EmployerRecords provider audit, Oct 2026
- 16
0 of 29 publish an offboarding fee amount. Five say they charge none.
EmployerRecords provider audit, Oct 2026
- 17
7 of 29 give two different country counts on their own site.
EmployerRecords provider audit, Oct 2026
- 18
USD 499 is the most common country median starting fee, in 21 of 37 countries.
EmployerRecords EOR Pricing Index, Oct 2026
Setting up your own company
- 19
10 of 37 countries register a company within a working day, from 1 hour online in Hong Kong.
EmployerRecords company setup check, Oct 2026
- 20
13 of 37 company registries publish no processing time.
EmployerRecords company setup check, Oct 2026
- 21
EUR 25,000 is Germany's minimum GmbH capital, the highest general minimum of the 37 countries.
German Limited Liability Companies Act
- 22
13 of 24 countries with a stated rule require a resident director.
EmployerRecords company setup check, Oct 2026
Context
- 23
16% is the median employer cost on top of salary across 184 countries.
EmployerRecords EOR Pricing Index, Sep 2026
- 24
502 PEOs operate in the US, serving 233,000 client businesses.
NAPEO, Sep 2026
- 25
2.3% of EU employment aged 15 to 64 was temporary agency work.
Eurostat, 2024
01 · Market size
Ten estimates put the 2025 EOR market between USD 4.4bn and USD 6.8bn. One says what it counts.
Research firms publish EOR market sizes without saying whether they count provider fees, software, or the salaries that pass through providers. That choice can change a number tenfold, so we sorted every free estimate we could read by what it measures.
How big is the EOR market? Ten estimates of the 2025 market from eight research firms range from USD 4.4bn to USD 6.8bn, with a median of USD 5.4bn. NelsonHall, which counts provider revenue only, put 2023 at USD 2.05bn. Mordor Intelligence, which counts service revenue, estimates USD 6.24bn for 2026.
Published EOR market estimates, USD billion
Forecasts
One hire, two market sizes
A market sized by client spend counts the salary and employer costs a provider pays on your behalf. A market sized by provider revenue counts only the fee. For one employee, the gap looks like this.
USD 75,588
client spend in a year
USD 5,988
provider fee in a year, 7.9% of spend
Our calculation: USD 60,000 salary, 16% median employer cost across 184 countries (EOR Pricing Index), USD 499 median starting fee from our audit, 12 months.
800+
EOR providers in the field, by IEC Group's count. It assessed 110 of them in 2025.
IEC Group, May 2025
29
providers assessed in Everest Group's 2025 EOR PEAK Matrix, up from 23 in 2024.
Everest Group, 2025
1 of 10
syndicated 2025 estimates defines what it counts. None publishes a method a reader could check.
EmployerRecords review, Oct 2026
02 · Largest providers
Deel's USD 1.5bn run rate is the largest revenue figure any EOR provider has disclosed
Only Deel and Remote have put a revenue figure on the record in the past year. The others share customer counts, valuations or growth rates, so each card shows what the company said, when, and where.
Deel
USD 1.5bn+annual recurring revenue, H1 2026
- Customers
- 37,000+ (Oct 2025)
- Workers paid
- 1.5 million
- Payroll a year
- USD 22bn
- Valuation
- USD 17.3bn (Oct 2025)
Remote
USD 300M+annual recurring revenue, May 2026
- Customers
- "Tens of thousands"
- Owned entities
- 100+
- Cash flow
- Turning positive
- Payroll product
- Up 300%+ a year
Remote, 14 May 2026
Rippling
USD 16.8bnvaluation after a USD 450M Series G, May 2025
- Customers
- 20,000+
- Total raised
- USD 1.85bn
- Staff
- 4,000+
- Revenue
- Not disclosed
TechCrunch, company-confirmed
Globalization Partners (G-P)
~30%customer growth in 2025
- Revenue
- "Highest ever", no figure
- Coverage
- 180+ countries
G-P, 21 Jan 2026
Pebl (formerly Velocity Global)
1,500+customers at the September 2025 rebrand
- Owned entities
- 65
- Coverage
- 185 countries
- Revenue
- Double-digit growth, no figure
Pebl, 9 Sep 2025
Multiplier
2,700+customer organisations, 2026
- Payslips processed
- 170,000+
- Entities listed
- 26
Multiplier, 2026
We list only what each company has said on the record. Press reports of Rippling's revenue cite unnamed sources and are left out, and so are valuations older than two years.
03 · Provider audit Original research
24 of 29 EOR providers publish a price. Only 6 publish their deposit rule.
We checked each provider's pricing page, FAQ, help centre and terms between 20 and 25 October 2026, and counted a point as published only if a buyer could read it without a form or a sales call. The exit side was the biggest blank: none of the 29 publishes an offboarding fee amount.
24 / 29
publish a starting price
10 / 29
say how many entities they own
6 / 28
publish a deposit rule
5 / 29
address exit fees, and all five charge none
12 / 28
state a minimum term position
| Provider | Starting price a month | Owned entities | Security deposit | Exit fee | Minimum term | Published |
|---|---|---|---|---|---|---|
| DeelCountries claimed: 150+ | USD 599 | 100+ | Not stated | Not stated | No minimumMonth-to-month, cancel any time | 3/5 |
| RemoteCountries claimed: 90+ | USD 599 | 100+ | Required, no amount | Not stated | Not stated | 2/5 |
| RipplingCountries claimed: Not stated | Quote only | Not stated | Not stated | Not stated | Not stated | 0/5 |
| Oyster HRCountries claimed: 120+ | USD 699Annual discount optional | Not stated | Required, no amount | None charged | Not stated | 2/5 |
| Papaya GlobalCountries claimed: 180+ | USD 499 | Not stated | Not stated | Not stated | Not stated | 1/5 |
| MultiplierCountries claimed: 160+ | USD 499USD 459 with annual billing | 26 listed | Not stated | Not stated | No minimumCancel anytime; annual contract optional | 3/5 |
| Globalization Partners (G-P)Countries claimed: 180+ | Quote only | 100+ | Not stated | Not stated | No minimumNo minimum contract length | 2/5 |
| PeblCountries claimed: 185+ | USD 399 | Owns some, no number | Not stated | Not stated | Not stated | 1/5 |
| Safeguard GlobalCountries claimed: 187 | Quote only | Not stated | Not stated | Not stated | Not stated | 0/5 |
| RemoFirstCountries claimed: 185+ | USD 199 | In-country partners | Not stated | None charged | No minimumNo minimum | 3/5 |
| SkuadCountries claimed: 160+ | USD 199 | Owns some, no number | Unverified | Not stated | Unverified | 1/5 |
| PlayrollCountries claimed: 180+ | USD 399 | Owns some, no number | 1 month's salary1 month salary, refundable | None charged | No minimumNo minimum commitment | 4/5 |
| Borderless AICountries claimed: 170+ | USD 579 | Owns some, no number | No depositNo deposit | Not stated | No minimumNo long-term commitment | 3/5 |
| Native TeamsCountries claimed: 95+ | USD 99Starting price on its pricing page; help centre shows EUR 99, ad page USD 79 | 95+ countries | Not stated | Not stated | Not stated | 2/5 |
| RivermateCountries claimed: 180+ | USD 319From USD 319 to 639 | 38 | Formula, months blank | None charged | 12-month first term12-month initial term, 30 days notice | 4/5 |
| JustworksCountries claimed: 35 | USD 599 | 35 countries listed | Not stated | Not stated | Not stated | 2/5 |
| Atlas HXMCountries claimed: 160+ | USD 599Starting price; USD 399 nonprofits | 160+ countries | Not stated | Not stated | Not stated | 2/5 |
| BoundlessCountries claimed: 110+ | GBP 149about USD 199Starting price; FAQ gives EUR 175 / USD 199 | 31 | Not stated | Not stated | No minimumNo minimum commitments | 3/5 |
| RemotePeople (formerly Horizons)Countries claimed: 150+ | USD 199EOR Select starting price | Not stated | Set in proposal | Not stated | Not stated | 1/5 |
| TeamedCountries claimed: 187+ | USD 599 | 57 | 1 month's gross salary1 month gross salary | None charged | No minimumNo minimum, cancel any month | 5/5 |
| PlaneCountries claimed: 100+ | USD 499Plus partner markup of unstated size | Not stated | 1 month payroll + taxes1 month payroll plus employer taxes | Not statedSays no cancellation fee | No minimumNo minimum, cancel any time | 3/5 |
| GlorootsCountries claimed: 150+ | USD 199 | Not stated | Not stated | Not stated | No minimumNo long-term lock-in by default | 2/5 |
| Employment HeroCountries claimed: 180 | Quote only | Not stated | Not stated | Not stated | Not stated | 0/5 |
| Agile HROCountries claimed: 150+ | USD 599USD 599 / 749 tiers | Owns some, no number | Not stated | Not stated | Not stated | 1/5 |
| INS GlobalCountries claimed: 160+ | USD 299From USD 299 a month (per employee not stated) | Not stated | Not stated | Not stated | Not stated | 1/5 |
| WorkMotionCountries claimed: 160+ | EUR 499about USD 559 | Owns some, no number | Notice period's costNotice-period months x monthly cost, or risk-based | Not stated | 3 monthly fees minimumMinimum 3 monthly fees per employee | 3/5 |
| LanoCountries claimed: 170+ | EUR 499about USD 559 | Not stated | 1 to 2 months1 month (2 in some countries), refunded within 60 days | Not stated | Not stated | 2/5 |
| RemotePassCountries claimed: 150+ | USD 349 | Not stated | Required, no amount | Not stated | Not stated | 1/5 |
| OntopCountries claimed: 150+ site-wide; 6 on EOR page | Quote only | Owns some, no number | Not stated | Not stated | Not stated | 0/5 |
7 providers give two country counts on their own site
Deel says 150+ and 130+, Oyster 120+ and 180+, Multiplier 160+ and 150+, Safeguard Global 187 and 170+, Justworks 35 and 11, Employment Hero 180 and 150+, and Ontop 150+ site-wide but 6 on its EOR page. Ask for the list of countries where the provider employs people itself.
What is changing
Payoneer now owns Boundless, Deel bought Safeguard Global's enterprise payroll business, and Horizons has traded as RemotePeople since February 2026. When an owner rewrites a pricing page, we update the row and log the change.
04 · Deals
Nine deals since January 2025, and Deel is in five of them
We logged every acquisition, rebrand and funding round of USD 20M or more involving an EOR provider since 1 January 2025. Only one acquisition price is public: the roughly USD 13M Payoneer paid for Boundless, which surfaced in its annual report.
2025
Feb 2025
Deel secondary share sale
USD 300M at about USD 12bn
Calcalist
11 Mar 2025
Deel buys Safeguard Global's payroll unit
Price not disclosed
Safeguard Global
9 May 2025
Rippling Series G
USD 450M at USD 16.8bn
TechCrunch
9 Sep 2025
Velocity Global becomes Pebl
Rebrand, 1,500+ customers
Pebl
16 Oct 2025
Deel Series E
USD 300M at USD 17.3bn
SIA citing Deel
2026
20 Jan 2026
Payoneer buys Boundless
About USD 13M plus up to USD 4M
Payoneer 10-K via Irish Times
20 Jan 2026
Remote buys Atlas
Spend and benefits platform, price not disclosed
Remote
5 May 2026
Deel buys Sastrify
SaaS procurement, price not disclosed
SIA
31 Jul 2026
Deel closes Clarity deal
Identity security, price not disclosed
Deel via SIA
05 · What EOR costs
Country fee medians span USD 200 a month, while employer costs run from 2% to 62% of salary
Half the providers that publish a price start at USD 499 a month or less, and six start at exactly USD 599. Across the 37 countries where we rank providers, median starting fees run from USD 299 in Denmark to USD 579 in Austria and Taiwan, and 21 of the 37 sit at exactly USD 499. Statutory employer costs in those countries range from 2% of salary in Georgia to 62% in Brazil, with a median of 16% across all 184 countries we model.
Published starting prices, 24 EOR providers
Median employer cost on top of salary, by region
Dark line: 16% median across all 184 countries. Highest: Brazil 62%, Spain 54%, Colombia 52%.
Median published EOR starting fee by country
Europe
Americas
Asia Pacific
Middle East
06 · EOR or your own company Original research
A company can be on the register within a working day in 10 of 37 countries
Your own company is the alternative to an EOR. For the company form a foreign parent usually uses, we checked each country's registry and company law for minimum capital, the published registration time, the registry fee and whether a director must live there. Thirteen registries, including Germany's, France's and Japan's, publish no processing time at all.
How long does it take to set up a company abroad? In 10 of the 37 countries we checked, the registry or company law says a company can be registered within a working day: Hong Kong promises 1 hour online and the UK usually within a day. Thirteen registries, including Germany, France, Japan and Australia, publish no processing time. The World Bank measured 65 days for a foreign-owned firm in Indonesia and 45 in Colombia.
10 / 37
register within a working day
13 / 37
publish no registration time
5 / 37
set a general minimum capital, up to EUR 25,000
4 / 37
set a minimum for foreign-owned companies
13 / 24
require a resident director, where the rule is stated
| Country | Company form | Minimum capital | Registration time | Registry fee | Resident director |
|---|---|---|---|---|---|
| United States | Delaware corporation or LLC | Not stated | LongerExpedited filing in 1 hour to next day for an extra fee; standard time not stated | USD 109 (corporation) | Not stated |
| United Kingdom | Private limited company (Ltd) | None or nominalNo minimum | Within a dayUsually within a day online | GBP 100 onlineabout USD 134 | No |
| Canada | Federal corporation (CBCA) | Not stated | Within a day1 business day online (4 hours express) | CAD 200 onlineabout USD 143 | YesAt least 25% of directors resident Canadians |
| Australia | Proprietary company (Pty Ltd) | Not stated | Not published | AUD 636 (adviser source)about USD 447 | YesOne director ordinarily resident in Australia |
| New Zealand | Limited company (Ltd) | Not stated | Not publishedProcessed automatically, no time published | NZD 136.55 incl. GSTabout USD 78 | YesOne director living in NZ, or in Australia and director of an Australian company |
| Ireland | Private limited company (LTD) | Not stated | Not publishedNo service standard; about 10 days in the Oct 2026 queue | EUR 50 onlineabout USD 56 | YesOne EEA-resident director, or a EUR 25,000 bond |
| Germany | GmbH | Minimum setEUR 25,000; EUR 12,500 paid in before registration | Not publishednotary deed required | EUR 225 register fee plus notaryabout USD 252 | No |
| Netherlands | BV | None or nominalEUR 0.01 | Not publishednotary deed required | EUR 85.15 KVK fee plus notaryabout USD 95 | Not stated |
| France | SAS or SARL | None or nominalEUR 1 | Not published | EUR 38.25 excl. VATabout USD 43 | No |
| Belgium | SRL / BV | None or nominalNo minimum; financial plan required | LongerAbout 10 working days (adviser source) | About EUR 383 (publication and register, 2024 tariff) plus notaryabout USD 429 | No |
| Austria | GmbH | Minimum setEUR 10,000; EUR 5,000 paid in cash before registration | Not publishednotary deed required | About EUR 493 (adviser source), waivable for new foundersabout USD 552 | No |
| Spain | Sociedad limitada (SL) | None or nominalEUR 1, fully paid | Within a day6 business hours with model statutes online | EUR 40 registrar fee with model statutesabout USD 45 | No |
| Italy | Srl | None or nominalEUR 10,000, or from EUR 1 if fully paid in cash | Not publishednotary deed required | EUR 65 stamp duty plus chamber fee | Unverified |
| Denmark | ApS | Minimum setDKK 20,000, fully paid | Not published | DKK 670about USD 100 | No |
| Finland | Osakeyhtio (Oy) | None or nominalNo minimum | LongerAbout a week online | EUR 400about USD 448 | YesEEA residence rule for at least one board member |
| Norway | Aksjeselskap (AS) | Minimum setNOK 30,000, paid in before registration | Longer5 to 10 working days | NOK 6,825 onlineabout USD 730 | YesResidence rule for the general manager and half the board |
| Poland | Sp. z o.o. | Minimum setPLN 5,000 | Within a day1 day via S24 with template articles, otherwise 7 days | PLN 250 via S24about USD 64 | Unverified |
| Czech Republic | S.r.o. | None or nominalCZK 1 | Within a dayPractically immediately when a notary registers it | CZK 2,700 via notaryabout USD 124 | Unverified |
| Georgia | Limited liability company | None or nominalNo minimum | Within a day1 working day (same day for GEL 400) | GEL 200 | Not stated |
| Israel | Private company (Ltd) | Not stated | Not published | ILS 2,559 onlineabout USD 820 | Not stated |
| United Arab Emirates | Mainland LLC (Dubai) | Not stated | Not published | Varies by licence | Unverified |
| Singapore | Private limited company (Pte Ltd) | None or nominalSGD 1 | LongerMost approved soon after payment; up to 15 working days if reviewed | SGD 315about USD 246 | YesAt least one director ordinarily resident in Singapore |
| Hong Kong | Private company limited by shares | Not stated | Within a day1 hour online (e-Registry) | HKD 1,545 onlineabout USD 197 | No |
| Japan | Kabushiki kaisha (KK) | None or nominalJPY 1 | Not published | 0.7% of capital, minimum JPY 150,000about USD 957 | No |
| South Korea | Stock company (jusik hoesa) | Foreign-owned minimumNo minimum; KRW 100m per foreign investor to register as FDI | LongerAbout two weeks (Invest Korea) | 0.4% of capital plus education tax | No |
| China | Wholly foreign-owned LLC | None or nominalNo minimum; capital paid within 5 years | LongerOn the spot, or within 3 working days | Free | Not stated |
| Taiwan | Limited company | None or nominalNo minimum; capital audited by a CPA | LongerAbout a month across name check, investment approval and capital check | 1/4,000 of capital, minimum TWD 1,000about USD 35 | Unverified |
| India | Private limited company | None or nominalNo minimum | Within a day1 day target via SPICe+ | INR 0 up to INR 15 lakh capital | YesOne director in India for 182+ days in the financial year |
| Philippines | Domestic corporation with foreign equity | Foreign-owned minimumUSD 200,000 paid in if over 40% foreign-owned (USD 100,000 in some cases) | Longer1 day via OneSEC (reported) | 0.2% of capital, minimum PHP 2,000about USD 31 | YesResident officers required |
| Indonesia | PT PMA | Foreign-owned minimumIDR 2.5bn paid-up capital | Longer65 days for a foreign-owned firm (World Bank, 2024) | Unverified | Not statedNo residence rule found; foreigners cannot be HR directors |
| Thailand | Private limited company | Foreign-owned minimumTHB 2m to 3m for majority foreign-owned companies | Unverified | From THB 5,500 (scales with capital)about USD 163 | No |
| Vietnam | Single-member LLC with foreign investment | None or nominalNo general minimum | Longer3 working days for the enterprise certificate, after the investment certificate | VND 50,000, free online | YesLegal representative must reside in Vietnam |
| Malaysia | Private limited company (Sdn Bhd) | Not stated | Within a day1 working day | MYR 1,010about USD 247 | YesAt least one director resident in Malaysia |
| Brazil | Limitada (Ltda) | Unverified | Within a day22 hours national average | Set by each state; Sao Paulo BRL 263.58about USD 52 | YesResident administrator required (adviser source) |
| Mexico | S. de R.L. de C.V. | None or nominalNo minimum; 50% paid at incorporation | Not publishedName approval 2 business days; total not published | Name approval free; registry fees vary | Not stated |
| Colombia | SAS | None or nominalNo minimum; paid within 2 years | Longer45 days for a foreign-owned firm (World Bank, 2024) | Varies by chamber of commerce | Not stated |
| Argentina | SRL | None or nominalNo minimum for an SRL (SA: ARS 30m) | Longer5 business days by urgent IGJ filing | 24 IGJ modules (urgent: 96) | YesMajority of managers must reside in Argentina (adviser source) |
Registration is the first step, not the last
Before the first payroll you still need tax and employer registrations, a local bank account and a payroll setup: PAYE registration with HMRC in the UK, a Betriebsnummer from the Federal Employment Agency in Germany, an EIN and a state withholding account in the US. Our EOR vs entity setup guide walks through the full sequence.
Where foreign ownership is limited
China applies its Negative List for foreign investment, the Philippines its Foreign Investment Negative List and Indonesia its Positive Investment List. Thailand requires a Foreign Business Licence for listed services, and Mexico reserves some activities. The UAE has allowed 100% foreign ownership for most mainland activities since 2021.
07 · Who uses an EOR
Vendor surveys put EOR use near 55%, with no official count to test them against
No statistics office or regulator measures how many companies use an employer of record. The best evidence comes from surveys run by EOR providers, so we show only those that publish a sample and a method, label them as vendor surveys, and keep them out of our key findings.
55%
of executives use an EOR or another third party when their best candidate is in a country where they have no entity. 35% set up an entity instead.
G-P, 2026 World at Work report (21 Oct 2026). 3,100 executives at companies with 500+ staff, plus 4,000 employees, in six countries; run by Talker Research.
54%
of organisations use or plan to use an EOR, against 45% using their own entities and 34% using contractors. 24% of respondents could not define an EOR.
Atlas HXM, Global Atlas Report 2026 (4 Mar 2026). 425 senior HR, legal, finance and operations leaders in North America and Europe. Combines current use and plans.
86%
of people hired through Oyster in developed economies in 2024 were full-time employees rather than contractors. In emerging markets the contractor share was 47%.
Oyster, 2025 Global Hiring Trends and Impact Report (2 Jun 2025). Hires on Oyster's platform in calendar 2024.
08 · For employers
What to ask a provider before you sign, based on what 29 of them leave out
What a provider leaves off its website tends to show up later, on an invoice or in a contract clause. These are the gaps we met most often.
Get the deposit in writing. 22 of 28 providers don't publish their rule. Where they do, it runs from none (Borderless AI) to the cost of the full notice period (WorkMotion).
Ask who employs your hire in their country. Only 10 of 29 say how many entities they own, and RemoFirst states it works through in-country partners. A partner model is legal, but it adds a party to every payroll and dismissal.
Ask what ending the contract costs. None of the 29 publishes an offboarding fee amount. Five say there is none; the rest leave it to the contract.
Check the minimum term. Rivermate's agreement starts with 12 months and WorkMotion bills at least three monthly fees per employee. Ten others say there is no minimum.
Price the total employer cost. At the 16% median, employer costs on a USD 60,000 salary are USD 9,600 a year, more than the median fee of USD 5,988.
Ask for the country list. Seven providers give two different country counts on their own sites. The number that matters is whether they employ people in yours.
Context
Next to EOR: the employment models that do have official counts
502
US PEOs, with 233,000 client businesses and USD 446bn in revenue
NAPEO, page updated Sep 2026
2.3%
of EU employment aged 15 to 64 was temporary agency work
Eurostat, 2024
622,000
agency workers in Germany, 1.8% of employees paying social insurance
Federal Employment Agency, Jun 2025
Methodology
How we built this report
Between 20 and 25 October 2026 we read 29 provider websites, 37 company registries and 30 statistical sources. Where an official page would not load, we marked the cell unverified and left it out of every count rather than fill it from a secondary site.
29 providers, their own pages
We read pricing pages, FAQs, help centres and terms between 20 and 25 October 2026. Review sites and comparison blogs were not used.
37 registries and company laws
Company setup rules come from registries, business portals and legislation, with the World Bank where a registry publishes no time. Adviser guides fill a cell only when the official page could not be read, and are labelled.
Company figures and one rate date
Revenue and funding come from company announcements or company-confirmed reports. Other currencies convert to USD at ECB rates for 23 October 2026 (Taiwan: central bank, 22 October).
Every change logged
When a figure changes we record the date, old value, new value and source below.
- 25 Oct 2026Native Teams starting price changed from USD 111 (EUR 99, help centre) to USD 99, the price on its own pricing page, so the range now starts at USD 99. Country fee medians recalculated with the corrected Pricing Index prices; Argentina and Malaysia added, 37 countries in all. The most common country median is now USD 499.
- 25 Oct 2026Report moved from the EmployerRecords blog to Research. Market research adoption and segment figures without a stated method were removed and replaced by our provider audit, a 37-country company setup dataset and labelled vendor surveys. Compliance and remote work figures moved to their own reports.
All sources (30 plus 29 provider websites and 37 registries)
Statistics and company figures
NelsonHall, Global EOR Services Market Analysis, Sep 2024
Mordor Intelligence, Employer of Record market, updated Sep 2026
Global Growth Insights, EOR market, EOR services market, EOR platform market, 2026
Custom Market Insights, Global EOR market, Jan 2026
Verified Market Reports, EOR services market, May 2026
Kings Research, EOR market, Mar 2026
Data Bridge Market Research, EOR market, May 2026
Cognitive Market Research, EOR market, Aug 2026
Dataintelo, EOR market, Apr 2026
IEC Group, Global EOR Study 2026 and 2025 report, Apr 2026, May 2025
Everest Group, EOR PEAK Matrix, 2025
Calcalist, Deel ARR and secondary sale, Feb and Aug 2026
Staffing Industry Analysts, Deel Series E, Sastrify and Clarity, Oct 2025 to Aug 2026
Remote, ARR announcement and Atlas acquisition, Jan and May 2026
TechCrunch, Rippling Series G, May 2025
G-P, 2025 results release, Jan 2026
Pebl, rebrand release, Sep 2025
Multiplier, company news, 2026
Safeguard Global, sale of the pay business, Mar 2025
The Irish Times, Payoneer and Boundless (from Payoneer 10-K), May 2026
NAPEO, PEO industry statistics, updated Sep 2026
Eurostat, temporary agency workers, 2024
Federal Employment Agency (Germany), temporary agency work, Jun 2025
EmployerRecords, EOR Pricing Index, Sep and Oct 2026
G-P, 2026 World at Work report (vendor survey), Oct 2026
Atlas HXM, Global Atlas Report 2026 (vendor survey), Mar 2026
Oyster, 2025 Global Hiring Trends and Impact Report (platform data), Jun 2025
World Bank, B-READY 2024 country profiles (Indonesia, Colombia), 2024
Central Bank of the Republic of China (Taiwan), USD/TWD closing rate, 22 Oct 2026
European Central Bank, euro reference rates, 23 Oct 2026
Provider websites (pricing, FAQ, help centre, terms), read 20 to 25 Oct 2026
Deel, Remote, Rippling, Oyster HR, Papaya Global, Multiplier, Globalization Partners (G-P), Pebl, Safeguard Global, RemoFirst, Skuad, Playroll, Borderless AI, Native Teams, Rivermate, Justworks, Atlas HXM, Boundless, RemotePeople (formerly Horizons), Teamed, Plane, Gloroots, Employment Hero, Agile HRO, INS Global, WorkMotion, Lano, RemotePass, Ontop
Company registries, business portals and company laws, read 20 to 25 Oct 2026
United States, United Kingdom, Canada, Australia, New Zealand, Ireland, Germany, Netherlands, France, Belgium, Austria, Spain, Italy, Denmark, Finland, Norway, Poland, Czech Republic, Georgia, Israel, United Arab Emirates, Singapore, Hong Kong, Japan, South Korea, China, Taiwan, India, Philippines, Indonesia, Thailand, Vietnam, Malaysia, Brazil, Mexico, Colombia, Argentina. Each row's source is listed in the dataset file.
FAQ
Employer of record questions, answered with the data
How big is the EOR market in 2026?
Mordor Intelligence estimates USD 6.24bn for 2026, counting revenue from EOR services. Ten estimates of the 2025 market from eight research firms range from USD 4.4bn to USD 6.8bn. NelsonHall, which counts only provider revenue, put 2023 at USD 2.05bn and forecasts USD 5.9bn by 2028.
How many EOR providers are there?
No regulator keeps a count. IEC Group says more than 800 providers are active and assessed 110 in 2025, while Everest Group assessed 29 for its 2025 PEAK Matrix. Our audit covers 29 providers that sell to international employers.
How much does an EOR cost per month?
Across the 24 providers in our audit that publish a price, the median starting price is USD 499 per employee per month, from USD 99 (Native Teams) to USD 699 (Oyster). Statutory employer costs come on top, a median 16% of salary across 184 countries.
Who is the largest EOR provider?
By disclosed figures, Deel: annual recurring revenue above USD 1.5bn in the first half of 2026, with 37,000+ customers and 1.5 million workers paid in October 2025. Remote reported ARR above USD 300M in May 2026. Rippling is valued at USD 16.8bn but sells much more than EOR and does not publish revenue.
Do EOR providers charge a security deposit?
Most don't say. Six of 28 publish a rule: Borderless AI charges none, Playroll and Teamed take one month's salary, Plane one month of payroll plus employer taxes, Lano one month (two in some countries), and WorkMotion the notice period's cost or a risk-based amount.
What is the difference between an EOR and a PEO in numbers?
A PEO shares employer duties with a client that already has a local entity. An EOR becomes the legal employer where the client has none. NAPEO counts 502 PEOs in the US with 233,000 client businesses; EOR has no comparable official count. See EOR vs PEO for the full comparison.
How long does it take to set up a company abroad?
In 10 of the 37 countries we checked, the registry or company law says a company can be registered within a working day, from 1 hour online in Hong Kong to 1 business day in Canada. Thirteen registries publish no processing time, and the World Bank measured 65 days for a foreign-owned firm in Indonesia. Tax and employer registrations, a bank account and payroll come after that.
How many companies use an EOR?
No official figure exists. In G-P's 2026 survey of 3,100 executives at companies with 500+ staff, 55% use an EOR or other third party when hiring in a country without an entity, and 35% set up an entity. Atlas HXM's 2026 survey of 425 leaders found 54% use or plan to use an EOR. Both are vendor surveys.