What Is Safeguard Global?
Safeguard Global is a trusted HR and payroll solution founded in 2008, having headquarters located in the US, UK, China, Mexico, India, and Germany. With access to a proprietary recruiting network and exclusive sourcing channels, Safeguard Global provides global recruitment services to businesses in more than 170 countries.
To help you determine what Safeguard Global is and whether it’s a good fit for your recruitment needs, this review takes a deep dive into its key features, benefits, pricing, and other important factors. We’ll also take a look at what the main advantages of using Safeguard Global for international expansion are.
Safeguard Global EOR: Key Highlights
Safeguard Global is a comprehensive EOR solution built for companies looking to hire multinational employees. Operating in various countries all over the globe, the solution combines HR management and contractor management in one unified platform. Whether you need to hire tech professionals, sales and marketing employees, accountants, or HR managers, Safeguard Global company has an extensive recruiting network that can help you find the top candidates.
What makes Safeguard Global stand out?
- Helps businesses find hard-to-fill roles with its access to professional communities, industry networks, and hidden talent pools.
- Engages with local experts around the world to help businesses navigate hiring and recruiting nuances.
- Conducts background checks for every candidate to minimize hiring uncertainties and ensure qualifications.
- Provides real-time updates and insights into HR data, with payroll insights available through integrated solutions.
Concurrent with its mission to build a workplace that’s unbound by borders, Safeguard Global values aim to support businesses across the globe. According to Safeguard Global CEO Bjorn Reynolds, “building a caring culture has been integral to building a successful company,” which has also played a key role in driving Safeguard Global revenue growth.
As such, one of Safeguard Global EOR’s key features is its people analytics, which enables businesses to collect and analyze loads of payroll and HR data. It standardizes operational data across currencies, languages, and time zones. From a centralized dashboard, Safeguard Global provides comprehensive data and analysis on labor costs and workforce trends.
Core Features of Safeguard Global EOR
Compliant Employment Contracts
Payroll Processing
Tax Withholding
Benefits Administration
HR Support
Compliance Management
Safeguard Global Company: Customer Stories
Managing multinational teams
Safeguard Global HR software company enables businesses to hire and manage employees without geographical constraints. Their services help companies establish a presence in multiple countries, allowing them to expand into new markets without setting up legal entities. Safeguard Global also ensures compliance to local labor laws and regulations.
Example:
- Younique was able to expand into 17 new countries, with Safeguard Global helping businesses in hiring top talents from foreign countries.
Ensuring tax and legal compliance
Safeguard Global works with in-country legal and tax experts to stay updated on local employment laws, tax regulations, and labor compliance. Acting as the legal employer on behalf of businesses, Safeguard Global handles work permits, visas, and employment contracts to comply with local labor laws.
Example:
- Fluent Commerce navigated a labyrinth of local labor laws and regulations as they expanded into new markets, with Safeguard Global doing the heavy lifting of hiring, onboarding, and managing payroll for international employees.
Setting up legal entities
For businesses who want to set up legal entities in countries where they’re looking to expand, Safeguard Global provides expert guidance on entity establishment, compliance, and operational setup. Their services also include partnering with businesses to prepare documents, apply for licenses, and obtain tax IDs. With legal, accounting, tax, payroll, and HR professionals located in every region in the world, businesses can rely on Safeguard Global to ensure compliance with foreign ownership laws and investment regulations.
Example:
- Poshmark established a legal entity in India, thanks to Safeguard Global service guiding them throughout every step in the process and ensuring a smooth and compliant transition for all its local employees.
Safeguard Global Review: 4Ps Approach
In this Safeguard Global review, we’ll assess its key aspects as an EOR platform. We’ll use our specialized 4Ps evaluation, which helps us provide an unbiased and objective approach on evaluating every feature that makes Safeguard Global stand out among its clients. Let’s take a look at how Safeguard Global does in each area:
Safeguard Global Performance
_ Evaluation label: Exceptional _
Safeguard Global is known for its high-quality workforce solutions, which ensures seamless hiring, payroll, and compliance for businesses across the globe. With over two decades of experience in global employment laws, the platform helps businesses find the top talents in multiple countries and reduce employment risks. They also provide a dedicated Safeguard Global recruiting team to ease onboarding and employee retention processes.
Safeguard Global
Performance
Top Differentiators
- Backed by local HR experts
- Dedicated data security team
- Extensive networks of pre-qualified candidates
User Concerns
- Reports of customer support needing improvement
Safeguard Global Presence
_ Evaluation label: New Markets Opener _
For businesses looking to establish a global presence, Safeguard Global is the ideal EOR partner to do so. It simplifies business expansion with its HR and payroll services, as well as its capabilities to help businesses set up an international business structure in a foreign country. With Safeguard Global headquarters located in various countries, the company assists in hiring and managing employees during an international acquisition, allowing businesses to focus on setting up their legal entity.
Safeguard Global
Presence
Top Differentiators
- Global talent pools
- In-county HR and payroll expertise
- GDPR and SOC1 compliant HR platform
User Concerns
- Some countries are experiencing complicated offboarding processes
Safeguard Global Pricing
_ Evaluation label: Custom _
Company offers tailored pricing based on business size, location, and service requirements. Instead of fixed Safeguard Global pricing, they provide customized solutions to fit the specific needs of companies expanding globally.
Safeguard Global Platform Experience
_ Evaluation label: Intuitive _
Safeguard Global reviews highlight its user-friendliness, designed for seamless global workforce management. With integrated payroll, compliance tracking, and HR analytics located in a centralized dashboard, businesses can efficiently manage international teams with minimal administrative burden.
Safeguard Global
Platform Experience
Top Differentiators
- Easy-to-use hiring and onboarding tools
- Real-time payroll data and labor costs
- Walkthroughs and comprehensive FAQs
User Concerns
- Difficulties in invoicing
Safeguard Global EOR Feedback
Ease-of-use
“It is very easy to use for me. Implementation was very easy. I like the customer support. I normally use this software. I like the multiple features which are provided in the software. Integration can be done easily.”
Integrated payroll
“Whilst the process was in place, everything went smoothly.”
Ludovic L., global influencer and analyst director
Safeguard Global EOR Services
International Recruitment
By working with in-country recruitment experts, Safeguard Global PEO services ensure that international businesses follow local hiring laws, cultural expectations, and salary benchmarks. It also helps mitigate the risk of noncompliance, allowing companies to stay updated on wage regulations and compliance to payroll taxes or insurance audits. Furthermore, Safeguard Global assists in administering employee benefits following local requirements.
Contractor Management
Safeguard Global makes it easier for businesses to pay their international contractors from a simple and secure platform. The solution streamlines onboarding, payment, and compliance processes for contractors. It also provides invoicing tools, which make sure that contractors can get paid on time and in their preferred currencies.
Workforce Analytics
Data-driven decision-making is crucial for effective workforce management. Thus, Safeguard Global locations offer businesses with people analytics tools. These help provide insights into total workforce spend, tax deductions, and key performance metrics, allowing businesses to make informed decisions in optimizing their global workforce strategies.
Third-Party Integrations
So, how does Safeguard Global integrate with existing HRIS systems? Well, the platform enhances its services by seamlessly connecting with existing HRIS, notably through its robust partnership with Workday. This collaboration offers organizations streamlined payroll processes and unified data management.
Safeguard Global Platform: How It Works
Safeguard Global Setup Process
How it looks for an employer
- Schedule a consultation with Safeguard Global.
- Receive a customized expansion strategy based on your business goals.
- Sign an agreement outlining employment terms and service scope.
- Collaborate with Safeguard Global on the recruitment process and discuss candidate requirements.
- Join candidate examination (if needed), assessments, and final interviews.
- Safeguard Global will guide you through negotiating and finalizing employment offers.
How it looks for an employee
- Safeguard Global will reach out to you if selected as a qualified candidate.
- Receive your employment contract and onboarding documents from Safeguard Global on behalf of the company that you are hired for.
- Upload ID documents for employment verification and tax processing.
- Receive payments on time and in your preferred currency.
- Contact Safeguard Global for any workplace concerns, tax discrepancies, or contract inquiries.
Safeguard Global: Final Insights
Safeguard Global stands out as a comprehensive EOR platform. Trusted by businesses in various countries, the solution helps remove the complexities of global hiring, allowing companies to focus on growth and market expansion.
With Safeguard Global’s expertise in handling compliance, payroll, and workforce management, it’s the ideal choice for companies aiming to expand internationally while minimizing risks. Packed with Safeguard Global payroll tools, workforce analytics, and recruitment tools, the solution streamlines every aspect of global employment.
Safeguard Global Review: FAQs
What are the key features that differentiate Safeguard Global from other EOR providers?
Safeguard EOR prides itself in having an extensive global reach, enabling comprehensive support for companies hiring and managing teams virtually. It is backed by localized teams and legal entities in key markets, allowing companies to gain a better understanding of each region’s employment laws, cultures, and best practices.
What types of companies benefit the most from using Safeguard Global as an EOR?
Safeguard Global is the perfect fit for firms entering new international markets. With its robust EOR services and HR management tools, the platform helps businesses quickly hire, onboard, and manage employees without establishing a legal entity in each country.
What support does Safeguard Global provide for global workforce management?
Safeguard Global provides HR support to global businesses. Its in-house HR professionals can be relied upon for contracts and onboarding, benefits administration, performance management, compliance, and more.
How transparent is Safeguard Global’s pricing for EOR services?
Safeguard Global offers customized pricing based on specific client needs and the countries of operation. Although they do not publicly disclose standard pricing, they provide detailed quotes upon request, ensuring clarity on costs associated with their EOR services.
Safeguard Global’s Alternatives
Explore Safeguard Global’s services to understand how they can help streamline your global workforce management.
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