The skills gap is a global challenge. Businesses are struggling to find the talent they need to stay competitive, which will only become more difficult as the economy recovers. On-hire labour agreements and Employer of Records are one-way businesses can access the skills they need.
What is an On-hire labour agreement?
If you’re a business that wants to sponsor workers from overseas to work on short-term projects in Australia, you may be eligible for an On-hire Labour Agreement (OHLA).
An OHLA allows you to sponsor skilled overseas workers who meet specific occupation requirements. The workers can be employed directly by an Australian on-hire company, such as EPG Migration, or your business.
What are the benefits of an on-hire labour agreement?
There are several benefits for businesses that enter into an On-hire Labour Agreement, including:
- Access to a global pool of talent
- Fast turnaround time
- Cost effective
- Reduced red tape
What to look out for during the recruitment process
If you’re interested in applying for an On-hire Labour Agreement, you first need to submit an expression of interest through the Department of Home Affairs website. Once your expression of interest has been approved, you’ll need to lodge a formal application with the Department. The On-hire Labour Agreement team will assess your application and make a decision.
What is an employer or record?
An employer of record (EOR) is a third-party organization that hires employees on behalf of another company. The EOR takes on employment’s legal and financial responsibilities, including payroll, benefits, taxes, and workers’ compensation.
This arrangement is often used when a company wants to hire employees in a country where it doesn’t have a legal entity or when it wants to outsource its human resources (HR) functions.
What are the benefits of an employer of record?
There are several benefits of using an employer or record, including:
- Reduced compliance risk
- Flexibility in hiring
- Access to global talent
- Cost savings
How does an employer of record work?
If you’re interested in using an employer of record, you first need to identify a reputable EOR that operates in the country where you want to hire employees. Once you’ve found an EOR, you’ll need to sign a contract outlining the agreement’s terms. The EOR will then handle all aspects of the hiring process, from advertising positions to onboarding new employees.
What you should consider when considering On-hire labour agreements and employer of record
When considering On-hire labour agreements and employer of record, there are a few things you should keep in mind, including:
- The type of business you have
- The country where you want to hire employees
- Your budget
- Your compliance risk tolerance.
On-hire labour agreements and Employer of Records are one-way businesses can access the skills they need to stay competitive. If you’re considering using an On-hire labour agreement or Employer of Record, you should keep a few things in mind, including the type of business you have, the country where you want to hire employees, and your budget.
Contact EPG Migration today if you’re interested in learning more about On-hire labour agreements and Employer of Records. We can help you assess your needs and find the right solution for you.
EPG Migration is part of a larger solution
What if you could tap into one group for all your workforce management needs?
On the ground in 14 global locations, the EPG Group’s permanent and contingent staffing solutions, immigration expertise and payroll services are powered by HCM technology that helps keep you compliant and delivers global workforce analytics to drive business growth.
