BUSINESS INSIGHTS pandemic is over . EOR services can help companies manage their remote workers more efficiently , by providing them with a single point of contact for HR and payroll services across multiple countries .
Oil and the EOR industry
The oil and gas sector has historically been a major employer in the Middle East and Africa , and many EOR providers have strong relationships with companies in this industry .
However , the industry has been hit hard by the COVID-19 pandemic , which has led to an increase in oil prices and a reduction in demand . As a result , many companies in the industry are looking for ways to reduce costs , and EOR services can be a cost-effective way to manage their workforce .
Additionally , EOR services can help companies in the oil and gas industry manage the unique HR and compliance challenges that they face .
For example , many companies in the industry operate in remote or hazardous locations , which can make it difficult to manage payroll and benefits administration . EOR providers can help these companies by providing them with a single point of contact for all their HR and compliance needs , regardless of where their workers are located .
Challenges and opportunities in the Middle East and Africa
While there are many opportunities in the Middle East and Africa , there are also several challenges that companies need to be aware of .
Nobuntu Ndlovu , VP of Marketing / MEA , Atlas HXM
One of the biggest challenges is the complex regulatory environment in the region . Each country has its own set of labour laws and regulations , and it can be difficult for companies to stay up-to-date with all the changes . In addition , some countries in the region are more difficult www . intelligentcxo . com