For startups navigating the dynamic landscape of employment management, finding the right workforce solution is a critical step in ensuring growth and success. Two popular options that startups often consider are the Employer of Record (EOR) and the Professional Employment Organization (PEO) models. These models offer tailored approaches to handling HR and administrative tasks, allowing startups to focus on their core business while effectively managing their workforce.
In the past, organizations relied on top-down training, where leadership determined and enforced training topics. However, this conventional approach proves insufficient in closing skill gaps promptly in today’s fast-paced environment. To remain competitive, organizations must enhance their workforce’s skills at an accelerated pace.