Papaya Global & Australian PEOs
With an Australian PEO, you can start hiring in Australian immediately – without opening an entity. It’s the quickest and most cost-efficient way to get your business started in Australia. You can use a global PEO provider if you’re ready to dive in the Australian market with a full team, or just want to test the market with a small team and build as you grow. Either way, an Australian PEO (also known as an Employer of Record) gives you the flexibility you need to get your team off the ground fast.
The Australian PEO provider serves as the official employer of record for the people you want to hire. The PEO assumes full legal liability for the employees and handles all of the back-end administration, such as calculating payroll, providing benefits, and delivering payslips each pay period. You direct the employees in their day-to-day tasks.
Why choose Papaya Global as an Australian PEO service
Papaya Global offers a fully-transparent pricing system – you pay only a monthly fee for each employee hired through the EOR. There are no hidden fees and no surprises at the end of the month.
The pricing system makes it easy to plan your hiring strategy in advance, since you know exactly what each employee will cost you. Our Australia PEO prices include HR support, benefits management, BI reports, and more. It’s all part of the service.
Advantages of Using an Employer of Record
The business world moves fast. Spotting a business opportunity abroad is only valuable if you are quick and agile enough to mobilize around the idea. With an Australian PEO/EOR, you bring your launch time down to the absolute minimum, all while maintaining strict compliance for all local labor laws and tax codes.
Opening an entity can take months to process. You can use that time to gain a head start on your competition with an Australian PEO. By the time the entity is done, you already have feet on the ground in an exciting new market. Switching from a PEO to a legal entity is simple. Minimize your risk and start with an employer of record who knows the local business practices.
Why Hire in Australia?
Australia is one of the best markets in the world to conquer, regardless of what your business offers. The OECD lists Australia as fifth in the world in disposable income. There is a high rate of employment across all of Australia and the people love to spend their money to improve the quality of their lives.
Australia boasts some of the most important cities in the Oceana region, with Melbourne and Sydney serving both as cultural centers and as economic hubs. The entire continent of Australia serves as a gateway to southeastern Asia. It also has the great advantage of being an English-speaking country, creating less of a language barrier than countries where English is spoken only as a business language.|