Best Professional Employer Organizations (PEO) of 2021 in England

The English market is one of the easiest to do business in and a top-ten market for rising tech companies. London, the UK’s economic engine, generates more tech startups than any other European capital. London got more venture capital funding in 2019 than Germany and France combined.

When expanding into England or starting a new company there, you may need to overcome some obstacles. Businesses that rely on imports and exports, especially with EU member countries, must plan for disruptions in both. Rising tech companies face the most confusion as a result of Brexit (You can have a look at Brexit aftermath). It’s really hard to find a suitable talent pool for your business in England.

A professional employer organisation (PEO) or an employer of record (EOR) is suitable for small and midsize companies looking for an experienced administrative workforce to help them provide quality health insurance to their workers while still staying on top of financial and legal requirements. PEOs and EORs also help businesses navigate through compliance, payroll, employee benefits, risk and enforcement management.

Here are the Top PEOs/EORs who can help you hire, pay, and manage employees in England

Velocity Global:

Velocity Global is a leading global workforce solutions company that has revolutionized the way businesses grow internationally. Velocity Global provides personalised end-to-end solutions for global expansion and best-in-class support in over 185 countries, enabling businesses to comfortably manage the entire lifecycle of international business.

Velocity Global offers a broad range of services to ensure a compliant, reliable, and scalable international expansion, including International PEO, Global Talent Acquisition, Global Immigration, Global Payroll, Global Consulting, and Entity Setup & Support. Companies will reach new markets up to 90% faster using its International PEO approach while cutting global expansion costs by up to 60%.

Omnipresent:

Omnipresent provides a human resource and onboarding platform designed to help companies employ remote teams worldwide. It handles local employment compliance, payroll, human resource support, and benefits for international teams, enabling clients to productively hire and manage full-time personnel internationally. The company was founded in 2019 and is headquartered in London, England.

Omnipresent makes it easy to employ remote talent and employees anywhere in the world, providing them with access to home comforts such as local healthcare and social contributions while working for a global team. Omnipresent’s focus on delivering a high-quality expertise-backed service sets it apart from other typical professional employer organisations (PEO) and employers of record (EOR).

Global PEO:

Global PEO is a well-known global expansion firm that has consistently provided excellent advice in recent years. Although the company is headquartered in Hong Kong, their knowledge base in other countries is localized and up to date with modern working practices.

Global PEO’s emphasis on offering cost-effective expansion solutions is a strong selling point for companies expanding into the United Kingdom, and the company provides rates that are both valuable and affordable as compared to industry norms. Global PEO can handle a wide range of tasks, including entity setup, personnel, payroll, and a number of administrative roles, in addition to recruiting and hiring.

Globalization Partners:

Globalization Partners has a large global network of more than 170 firms. They promote themselves as a platform-based business expansion solution. Onboarding of jobs, a multi-layered payroll system for the staff, and responsibility for the requisite tax filings are all part of their UK capabilities.

One of the PEO/EOR companies that can assist with turnkey office openings could be preferable for new businesses that need assistance on the ground in the UK. They offer 24/7/365 premium support services. They have teams and offices worldwide with global headquarters located in Boston and California and regional headquarters in London, Ireland, Singapore, and Dubai.

Alternative Solutions:

Taking the company to the United Kingdom comes with its own set of challenges. From payroll, pensions, and permits for employees, to recruiting and taxes, and so on.

To reach the new market with minimal pressure, lower operating costs, and speed, contact EOR and PEO firms like Skuad, TriNet, etc. They are also providing best-in-class service. These players can help you with all HR and payroll solutions in the UK.