Unlocking the Power of Employer of Record Services with Parallel

Welcome to Parallel

Welcome to Parallel, where we strive to provide the best employer of record service in the industry. Our team is dedicated to ensuring that businesses have access to the resources they need to succeed. With our comprehensive suite of services, we can help you streamline your operations and focus on what matters most: growing your business.

What is an Employer of Record Service?

Employer of Record Service is a third-party organization that es on the responsibility of being the legal employer for a mpany's employees. This means that the Employer of Record ndles all administrative tasks related to employment, including yroll, taxes, benefits, and compliance with labor laws. using an Employer of Record Service, businesses can save e and resources that would otherwise be spent on managing se tasks in-house. Additionally, an Employer of Record can p companies expand into new markets by providing local pertise and knowledge of labor laws and regulations.

Why Choose Parallel's Employer of Record Service?

Choosing an employer of record service provider is a crucial decision for any business. At Parallel, we understand that you need a partner who can provide reliable and efficient services that meet your specific needs. Our employer of record service is designed to help you manage your workforce more effectively, while reducing administrative burdens and compliance risks.

How Does Parallel's Employer of Record Service Work?

Parallel's Employer of Record Service works by acting as the legal employer for a company's contingent workforce. This means that Parallel takes care of all the administrative tasks related to payroll, taxes, benefits, and compliance. The client company maintains full control over their workers' day-to-day activities while Parallel handles all the behindthe-scenes paperwork.

To get started with Parallel's Employer of Record Service, the client company first signs a service

agreement with Parallel. Then, the client company identifies the contingent workers they want to onboard under Parallel's service. Parallel conducts background checks and verifies employment eligibility for each worker. Once the workers are approved, Parallel sets up payroll and benefits for them. Parallel also manages all tax filings, including federal, state, and local taxes. Finally, Parallel provides ongoing support for any HRrelated issues or questions.

Who Can Benefit from Parallel's Employer of Record Service?

Parallel's Employer of Record Service is designed to benefit businesses of all sizes and across various industries. Whether you are a small startup or a large corporation, our service can help you simplify your HR processes and reduce administrative burdens.

Industries that can particularly benefit from our service include technology, healthcare, and finance. For example, a tech startup may need to hire employees in multiple states but may not have the resources or expertise to navigate complex state employment laws. Our service can take care of legal compliance and payroll processing, allowing the company to focus on its core business operations. Similarly, a healthcare provider may need to quickly onboard temporary nurses for a seasonal surge in patient demand. Our service can handle background checks, onboarding paperwork, and payroll processing, ensuring that the nurses are ready to work as soon as possible.