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2 min read

G-P Achieves Top Position in The IEC Group’s 2023 Global EOR Study, Reinforcing Industry Leadership

Globalization Parnters IEC Eor
2 min read

G-P Achieves Top Position in The IEC Group’s 2023 Global EOR Study, Reinforcing Industry Leadership

G-P (Globalization Partners), a trailblazer and acknowledged frontrunner in the worldwide employment sector, has proudly announced its distinction as a leading employer of record (EOR) provider by The IEC Group, a distinguished research entity. This recognition comes from The IEC Group’s Global EOR Study 2023, solidifying G-P’s stronghold in the market and marking its fourth inclusion as a premier EOR service provider as endorsed by industry experts.

Evaluation Process

Standing out among the 25 evaluated contenders, G-P secured the highest overall position in the evaluation, underscoring its industry leadership and unmatched proficiency. The report lauds G-P for its innovative technological advancements, most notably the introduction of the G-P Meridian™ Suite. This recognition is further propelled by G-P’s unwavering commitment to enhancing customer experiences, its expansive global reach, certified integrations, and one of the industry’s most extensive partner networks.

Dr. Kenn D Walters, Partner & Practitioner at The IEC Group Limited, commented, “G-P stands at the forefront in terms of maturity and innovation within the industry. With a remarkable reach spanning 187 countries, G-P seamlessly integrates with clients’ existing HCM systems, offering a highly automated, predictive, and efficient technology solution through the G-P Meridian Suite.”

IEC Group

The IEC Group is a global authority in business research and consultation. The IEC Dynamic Map™, a provider comparison approach devised from the collective experience, research insights, and client feedback of IEC practitioners, was employed for this evaluation. The inaugural Global EOR Report emphasizes the crucial role EOR services play in facilitating expansion strategies and realizing growth objectives of companies aiming for global reach. The report also includes a market analysis projecting the EOR market to attain a value of $9.8 billion USD by 2028. IEC’s assessment scrutinizes vendors based on the scope, depth, and maturity of their EOR platforms, their investment in technology and innovation, the extent of their partner networks, and their capabilities in international service delivery.

Nat (Rajesh) Natarajan, Chief Product and Strategy Officer, expressed, “IEC’s acknowledgment of G-P’s distinct standing in the EOR sector reaffirms our dominant market position. G-P continues to stand as the sole EOR provider recognized by all three independent analyst firms specializing in our domain. Our commitment to revolutionizing global work dynamics is unyielding. The recent introduction of the G-P Meridian Suite, an all-encompassing and customizable suite designed to streamline the process of locating, hiring, and managing global teams, serves as further testament to G-P’s dedication to innovation and propelling the industry forward.”

Conclusion

G-P’s prior accolades include being named the industry leader in Nelson Hall’s 2021 and 2022 Global Employer of Record Research Reports and Everest Group’s PEAK Matrix® Assessment 2022. Alternatively, you can read our review of Globalization Partners. 

Travis is a global business development advisor. He has spent the last 14 years supporting business establishment and development in North America, Southeast Asia, and throughout the world. With multiple degrees from the University of Oregon, Travis currently splits his time between the US, and Bali, Indonesia. At RemotePad, Travis writes about remote work, hiring internationally and PEO/EOR business models.

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