Responsibilities of an Employer of Record in Costa Rica

Known for its excellent climate and stable political situation, Costa Rica is an island country in the heart of the Pacific Ocean. Among other Latin American countries, Costa Rica is the most popular one for doing business. Not only this, but it has acquired a good ease-of-doing business rank as well. Costa Rica offers skilled workers and a stable economy as well. Today, many companies are thinking about expanding their business in Costa Rica. For such a hectic task, it is recommended to take the help of an Employer of record in Costa Rica every step of the way.

Responsibilities of the Costa Rica Employer of record

The Employer of Record is an integral part of the global business expansion for a company. The Employer of record generally takes care of all the administrative tasks, payroll, and compliances. Many consider Employer of record as an external human resource organization. They provide all required support to the company which is thinking of business expansion in Costa Rica. Let's learn about the responsibilities of the Costa Rica employer of record.

• Arrangement of the recruitment process

The Costa Rica Employer of record arranges the entire recruitment event for the foreign companies. They inform the interviewers about cultural norms, etiquette, and compliances prevalent in Costa Rica so that they do not offend the local talents in the middle of the interview. The Employer of Record team finally decides which candidate is suitable for the company and recruits them for the Company subsidiary in Costa Rica. The EOR accelerates the recruitment process on foreign land. It is beneficial for both the company and the candidates. Otherwise, it would have taken around one year for the company to decide and conduct the following formalities related to the recruitments of local candidates.

• Creating employment contract

It is considered the responsibility of the Employer of record in Costa Rica to draft the employment contract from scratch. They mention working hours, salary, company terms and policies, termination grounds, employment benefits, etc., on the employment contract. Every employee recruited by the Employer of Record team is requested to abide by the terms and conditions of the company drafted in the employment contract form. The Costa Rica Employer of record team hands over the contract to the hired candidates on the day of joining.

• Keeping track of leaves, vacation, and salary

The Employer of record in Costa Rica keeps a record of the leaves taken by the employees. If an employee has no paid leave left, the Employer of Record team will deduct money from the salary for that employee's extra leaves. The Employer of Record provides the salary to the employees on time every month. The EOR handles maternity leaves, paternity leaves, sick leaves, etc., taken by employees. If required, they can extend such types of leaves as well depending upon the condition. Apart from these, the Employer of record provides paid leaves for every national holiday of Costa Rica as well.

• Local network building

The Costa Rica Employer of record helps the company to build a network in Costa Rica. As a result, the company will get to know better the local market and the expectation of the local customers. The EOR generally takes the help of local Lawyers to keep the company away from legal traps.

• Payroll assistance

The Employer of record in Costa Rica helps the company with payroll processing and calculation to some extent. They help the employees with tax declaration as well. The employees should turn to the Employer of Record for doubts regarding their salary payment and other employment benefits.

• Termination and Severance

The Employer of record in Costa Rica handles everything related to the termination of employees. They draft the termination letter if they see any violation of the termination ground. The EOR assists with the due payment of the employee's post-termination as well.

The Employer of record makes the global expansion process a piece of cake for business owners. The team of EOR saves money and time for the foreign company. Not only this, but the Employer of the record takes care of every single task related to employment. In simple words, the Employer of the record plays the role of an international human resource. In return, the team of Employer of record in Costa Rica asks for a minimum amount of fees.

So, what are you waiting for? Pick up your phone and dial an employer of record today. They will give the company some valuable suggestions regarding compliances and the business strategy in Costa Rica as well.