EOR Standard vs. EOR Performance: Why TurnKey’s EOR Services Are a Game-Changer for Offshore Hiring

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When hiring offshore, most companies assume an Employer of Record (EOR) is simply a payroll and compliance solution. While that’s true for most providers, TurnKey’s EOR services go far beyond the basics — because hiring offshore isn’t just about paying people correctly. It’s about keeping the best people engaged, motivated, and committed to your company for the long haul.

At TurnKey, we’ve designed two distinct EOR solutions — EOR Standard and EOR Performance — to meet different levels of business needs. Let us explain how they work.

Table of Content

TurnKey’s EOR Standard: Beyond the Basics

Most EOR providers stop at payroll processing and compliance. TurnKey’s EOR Standard goes much further by integrating key HR and operational support services that ensure offshore developers feel like a seamless part of your team.

What’s Included?

  • Global Payroll & Compliance: Hassle-free, on-time salary payments with full tax and employment law compliance in Eastern Europe & Latin America.
  • Legal Shield & IP/NDA Protection: Secure contracts that fully assign all IP rights to your company and ensure developers adhere to confidentiality agreements.
  • Health Benefits & Wellness Programs: Comprehensive medical, mental health and wellness coverage tailored to local markets.
  • Accounting & Tax Support: Full financial compliance with local tax laws and regulations, shielding you from legal liability.
  • Seamless Onboarding & Offboarding: White-glove service to ensure a frictionless experience when hiring and transitioning team members.
  • Laptop Acquisition & Management: Hardware procurement, maintenance, and retrieval for an optimized remote work setup.

For companies looking for a solid, dependable offshore hiring solution, TurnKey’s EOR Standard provides all the critical elements to hire and manage developers without any legal, tax, or payroll risk.

TurnKey’s EOR Performance: A Retention-First Approach

While EOR Standard is a best-in-class compliance and HR support solution, EOR Performance is designed for companies that want to build long-term, high-retention offshore teams.

Hiring great offshore developers isn’t enough — you have to keep them. With offshore developer turnover rates often skyrocketing, companies that don’t proactively manage retention end up losing time, money, and product momentum.

That’s why we created TurnKey’s EOR Performance — the only EOR service on the market designed specifically to improve employee retention, engagement, and productivity.

What’s Included? (Everything in EOR Standard and...)

  • 🔥 Talent Retention Index Scoring & Tracking: Our proprietary system measures developer engagement, satisfaction, and risk of churn in real-time.
  • 🗣 Monthly Team Member Interviews: Ongoing one-on-one feedback sessions ensure your developers feel valued and supported.
  • 📊 Quarterly Retention Strategy Sessions: Proactive planning to prevent talent loss before it happens.
  • 💰 Ongoing Country-Specific Compensation Reporting: Stay ahead of market trends to ensure your offers remain competitive.
  • 📈 Performance Benchmarking by Country & Position: Compare developer performance against industry standards to ensure optimal efficiency.
  • 🌎 Team Offsite Management: We facilitate retreats and offsites to build stronger team culture and connection.

Why EOR Performance is a Game-Changer

  • Predict & Prevent Turnover: Instead of scrambling to replace talent when they leave, TurnKey helps you identify potential retention risks before they become problems.
  • Keep Compensation Competitive: Offshore salary trends shift quickly. Our compensation reporting ensures you’re never underpaying or overpaying.
  • Foster a Stronger Culture: Remote work can be isolating — TurnKey helps you create a real team environment.
  • Reduce Long-Term Hiring Costs: Retaining employees for 3+ years saves companies millions in rehiring, training, and lost productivity.

Who Should Use EOR Performance?

  • Companies scaling high-growth tech teams and need long-term stability.
  • Startups and enterprises that want low attrition and high engagement among offshore teams.
  • Companies that prioritize employee satisfaction and performance.

Key Metrics in TurnKey’s EOR Performance and Why They Matter

TurnKey’s EOR Performance isn’t just about managing payroll and compliance — it’s about proactively tracking and improving developer retention, engagement, and satisfaction. We use data-driven metrics to help companies keep their best talent and optimize team performance.

Here’s how we measure success and why these metrics are critical:

MetricWhat It MeasuresWhy It Matters
Talent Retention IndexDeveloper satisfaction, engagement, and likelihood of staying.Predicts turnover risks before they happen, reducing costly rehiring.
Compensation BenchmarkingDeveloper salaries across countries and roles.Ensures pay remains competitive, preventing talent loss to higher offers.
Performance Benchmarking by Country & PositionIndividual and team productivity metrics vs. industry averages.Helps companies identify high performers and areas needing support.
Developer Satisfaction ScoreEmployee Net Promoter Score (eNPS) based on surveys.Measures long-term happiness and company loyalty.

Why These Metrics Matter

  • High turnover costs companies millions in lost productivity and rehiring. Tracking these indicators prevents churn before it starts.
  • Engaged developers are more productive. Monthly interviews and satisfaction scores keep teams motivated.
  • Competitive salaries retain top talent. Compensation benchmarking ensures you’re paying market rates, not overpaying or underpaying.
  • Proactive retention strategies create stronger teams. Quarterly reviews help companies stay ahead of potential HR challenges.

By using these data points, TurnKey transforms offshore hiring from a short-term fix into a long-term growth strategy. 🚀

Summing Up

For years, Employer of Record (EOR) services have been treated as a transactional necessity — a way to legally hire offshore talent while handling payroll and compliance. But in today’s competitive tech landscape, compliance alone isn’t enough.

The real challenge isn’t just hiring offshore developers — it’s keeping them.

At TurnKey, we believe the future of EOR is retention-focused. Our EOR Performance model is designed not just to process payroll but to proactively manage engagement, satisfaction, and long-term retention.

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Start using the best EOR service for your offshore hiring today

FAQ

How is TurnKey’s EOR different from traditional EOR providers?

Traditional EORs focus only on payroll, compliance, and tax management. While they ensure legal hiring, they ignore employee satisfaction and retention.

TurnKey’s EOR goes beyond the basics by tracking developer engagement, preventing turnover, and optimizing compensation. With EOR Performance, we offer real-time retention metrics, monthly interviews, and salary benchmarking to ensure offshore teams stay productive and committed.

Why is retention so important in offshore hiring?

Offshore developer turnover can exceed 50% per year, leading to high rehiring costs, knowledge loss, and delayed projects.

With TurnKey’s EOR Performance, we proactively prevent churn by tracking satisfaction, optimizing compensation, and integrating developers into the company culture. This saves companies millions in long-term hiring costs.

How does TurnKey ensure fair and competitive developer salaries?

Unlike most EORs that hide salary details, TurnKey as a hiring and EOR partner provides full transparency — you see exactly what your developers are paid.

Our compensation benchmarking reports ensure your salaries stay competitive within specific countries and roles, so you don’t overpay or lose talent to higher offers.

January 30, 2025

TurnKey Staffing provides information for general guidance only and does not offer legal, tax, or accounting advice. We encourage you to consult with professional advisors before making any decision or taking any action that may affect your business or legal rights.

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