If you’re worried about the ongoing talent shortage, try searching outside of your borders. The world is filled with talent; you just have to know where to look for it. Consider hiring from Ireland, which is home to a large pool of highly skilled professionals. However, before you jump into the Irish talent pool, it’s critical to ensure you go about it properly to avoid any legal repercussions.
An Employer of Record (EOR) offers a simple and straightforward way to hire and pay global talent legally. It provides everything you need to compliantly hire and pay employees. This helpful guide will cover everything you need to know about hiring employees from Ireland through an EOR.
Why Hire Talent in Ireland?
Ireland has a thriving tech ecosystem filled with highly educated and skilled professionals. The presence of tech giants and a flourishing start-up scene have certainly contributed. All this tech activity has developed a pool of highly skilled and experienced professionals, particularly in software development, engineering, and data analytics.
In addition to a burgeoning tech scene, Ireland is a great place to hire from as it’s English-speaking with a well-educated populace. There’s also no need to worry about a significant cultural disconnect, as there are many similarities between Irish and North American customs. Ireland has a strong cultural affinity with the United States and other English-speaking countries. This can make it easy to build relationships with remote workers from Ireland and create a shared sense of values and goals.
Lastly, Ireland's time zone is aligned with the UK and is only one hour behind Central European Time. This makes it an ideal location for companies that require collaboration with European teams or customers. Overall, Ireland has much to offer employers and should be on your list of top countries to hire from.
How Can I Legally Hire an Employee in Ireland?
If you want to hire talent in Ireland on your own, things can get complicated. To hire, businesses must establish an entity based in Ireland. The process can be a headache and is only worthwhile if you intend to practice business in Ireland long-term.
EORs offer an easy, straightforward way to hire employees from Ireland. An EOR, like Borderless, serves as a middleman and facilitates the processes involved in global hiring. EORs already have an entity in place that’s capable of compliantly hiring and paying talent.
What Does an EOR Do?
EORs ensure you maintain strict compliance with local laws and regulations in the countries you hire talent from. They remove the legal roadblocks involved in hiring globally so that you can focus on growing your business and connecting with remote employees.
Hiring laws vary considerably around the world, and it’s critical to comply with them to avoid legal implications. EORs take care of the following processes and ensure they’re fully compliant:
- Work visas and permits
- Employment contracts
- Onboarding
- Tax documentation and filing
- Payroll processing
- Employee benefits
- Intellectual property protection
- Termination
EORs handle all of the tedious administrative tasks associated with these processes. They generate compliant employment contracts, collect tax documentation, file it per local laws, etc.
Employee Insurance and Benefits
It’s always important to stay competitive, especially in a tight labor market. An EOR will help your company stand out from the crowd with a comprehensive benefits package, including generous health and wellness benefits, time off benefits, financial security benefits, and much more. It will ensure you provide your team members with what they’re legally entitled to and help you attract top talent with attractive offerings.
Vacations and Public Holidays
Most employees in Ireland are entitled to 4 weeks leave each year. In addition to other forms of paid leave, such as sick leave and compassionate care leave, they’re also entitled to take the following public holidays off with pay.
- January 1: New Year's Day
- February 6: Saint Brigid’s Day
- March 7: Saint Patrick's Day
- April 6: Easter Monday
- May 1: May Day
- June 5: June Banke Holiday
- August 7: August Bank Holiday
- October 30: October Bank Holiday
- December 25: Christmas Day
- December 26: St. Stephen’s Day
Taxes & Social Security Contributions
Ireland requires that employers withhold taxes from their workers' paychecks, which includes Pay As You Earn (PAYE/income tax), Pay Related Social Insurance (PRSI), and Universal Social Charge. The amount deducted will vary based on the employee's income and any possible allowances or credits.
An EOR, like Borderless, will ensure you remit payroll taxes on time, every time. With the support and expertise of an EOR, social security contributions are simplified, and taxes are filed accurately and compliantly. So you can cut back on busy work and focus on growing your business.
What Are the Advantages of Going Through an EOR in Ireland?
Working with an EOR comes with a range of benefits.
- Saves time and money
- Minimizes risks and avoids penalties related to non-compliance
- Cuts back on busy work
- Improves retention and talent attraction
- Expands your talent pool
- Keeps your data safe and secure
- Keeps you up to date on hiring trends
These are just some of the ways EOR can positively impact your business. Sign up with Borderless to explore what an EOR can do for you.
How Do I Choose the Right EOR for Me?
With so many EORs to choose from, it’s important to determine which one suits your individual needs. It’s helpful to keep the following considerations in mind.
- Expertise: Choose an EOR with a history of hiring and paying employees in the countries you want to hire from. Checking this box will help ensure your EOR of choice maintains compliance every step of the way.
- User experience: It’s important to provide your team with an easy-to-use, intuitive EOR platform that’s packed with self-service options. The goal is to integrate it into your team's existing workflow stress-free.
- Support: Turn to EORs with a solid team of experts with a proven track record. Ensure that they’ll be there to lend you support when you need it.
- Security: Keeping your data safe and secure is paramount. This is especially true when working with a globally distributed team, leaving you more vulnerable to cyberattacks. So, choose an EOR that has a robust set of data security standards and protocols.
Borderless: The Employer of Record your Company Needs
Broaden your horizons by hiring global talent. Use Borderless as your EOR of choice to expand your talent base and get the most out of your global hiring experience. Get in touch and book a demo today.
Disclaimer
Borderless does not provide legal services or legal advice to anyone. This includes customers, contractors, employees, partners, and the general public. We are not lawyers or paralegals. Please read our full disclaimer here.
