Today’s contingent workforce is complex. Organizations need Contingent Employer of Record (EOR) Services that optimize compliance, payroll, and benefits to mitigate risk and maximize the worker experience.
Client Benefits
Magnit delivers the industry’s most comprehensive Contingent Employer of Record (EOR) services and Worker Experience solutions for enterprises worldwide, which is fully customizable to fit your requirements.
100% Compliance
Achieved
Successfully meet all compliance requirements and ensure readiness for upcoming compliance audits.
20%+ Cost
Savings
Unmatched value with lower markups and faster time-to-fill with high-quality referred contingent talent.
99% Positive
Engagement
Deliver an elevated worker experience with the industry’s first on-demand contingent EOR payroll solution.
Better Attract, Manage and Retain Talent with Our Contingent EOR Services
Comprehensive Worker Benefits
Offer workers the industry’s most comprehensive benefits package, which includes:
- Comprehensive coverage across medical, vision, dental and more
- Expedited onboarding and training processes
- Access to the industry’s first on-demand pay solution for the contingent workforce
Contingent Referral Program
In a world where talent is the ultimate currency, we empower you to hire faster and smarter from known, referred contingent workers. With Magnit’s Contingent Referral Program you:
- Gain access to Redeployment Marketplace – a pre-vetted pool of top talent you can trust.
- Bypass expensive agency markups by leveraging Magnit’s network of proven, quality talent.
- Quickly identify and connect with qualified candidates, so your projects can stay on track.
Process Efficiencies
Provide workers and managers with an enhanced experience through our integrated VMS, which is easily accessible by web browser or mobile app. Users can easily:
- Enter and view timecards via a centralized system of record
- Track & enter expenses in real-time
- Manage contracts and invoices without additional hassle or third-party logins
Technology
Effectively and intelligently identify, engage and secure the best talent in the world and achieve diversity goals through our direct sourcing solution. We offer:
- Trends, analysis and reporting on hiring activity to provide unprecedented visibility across the entire workforce
- Optimized pay rates to ensure the most competitive offers
- Accelerated time-to-fill rates through a comprehensive understanding of your global talent landscape
Extended Visibility for Your Workforce
Procurement
Comprehensive program visibility coupled with ongoing education and support to achieve full workforce compliance. Full access to contingent workforce spend.
HR
Directly source top talent from curated talent clouds. Best-in-class benefits packages pair with expedited onboarding and training processes from an award-winning, omnichannel system of record
Finance
True vendor neutrality bypasses staffing agency markups to drive cost savings. Access to the world’s largest market rate, salary and talent intelligence repository.