Employer of Record (EOR) service in the Philippines.
5 Reasons for EOR Philippines:
Get your offer:
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Our Employment Agreements are made for your specific needs and made under close surveillance by our legal team.
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Our Employer of Record service includes professional payroll service and we can proudly say that our service quality is at the top of the industry. Our payroll accuracy is over 99.9%.
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Our legal team takes care of ongoing compliance for you and your employees.
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Our services include a high-end HR software so that you can manage your remote workers.
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We have built great relationships with the local authorities over the past decades. We have an outstanding reputation with them.
Why use an Employer of Record (EOR) in the Philippines?
Partnering with an Employer of Record (EOR) in the Philippines is a smart move for businesses looking to expand efficiently. An EOR ensures compliance with Philippine labor laws, tax codes, and employment regulations, reducing legal risks and operational costs. This service allows for quick hiring and market entry without the need for establishing a local entity. By outsourcing administrative tasks, you can focus on core business activities, driving growth and competitiveness in the Philippine market. Choose an EOR in the Philippines to streamline your expansion and ensure regulatory compliance. In sum you can say the following is essential:
Access to affordable workforce.
Low Risk market entry without your own entity.
Bespoke employment contract provided by the EOR provider.
Full insurance and social security coverage
Transparent employment cost and Fees
Must knows about Employer of Record (EOR) Services in the Philippines:
Annual Leave
The minimum number of annual leave days in the Philippines is 5 days. The common practice is 16 days. We recommend at least 15 days to keep your staff happy. 😇
Employment Contracts:
Employment Agreements in the Philippines can be either limited or open ended contracts. 📑
-> Reach out to get your bespoke draft
Termination:
Mutual Termination Possible ✅
1 month notice period 🕰️
1 month salary as severance pay 💰
Termination is legally possible for several reasons. We can consult you what to be aware of when terminating an employee.
Salary Payments
Salaries are usually paid bi-weekly. On the 15th of the month, and on the last day of the month 🗓️ .
Payroll Calculation (based on 150k PHP salary):
Employee Contributions:
Salary: 150,000 PHP
— Income Tax 27,726 PHP
— Social Security 1,350 PHP
— Phil Health 5,000 PHP
— Pag IBIG 100 PHP
Net Salary: 115,824 PHP
Employer Contributions:
Salary: 150,000 PHP
Health Insurance (PHIP): 2,500 PHP (2.5% capped at 100k)
Home Development Mutual Fund (HDMF): 200 PHP (fixed)
Social Security: 2,880 PHP (9.5% capped at 30,315PHP)
Total Employment Cost = 155,580 PHP (+ EOR fees)