Boundless

Boundless is a startup that specializes in helping companies hire and manage employees across different countries in a compliant and efficient manner. The company operates as an Employer of Record (EOR), which means it takes on the legal responsibilities of employing workers on behalf of its clients. This includes handling payroll, taxes, benefits, and ensuring compliance with local labor laws. Boundless primarily serves businesses looking to expand their workforce internationally without the complexities of setting up local entities.

The market Boundless operates in is the global employment and HR compliance sector. This market is growing as more companies adopt remote work and seek to hire talent from different parts of the world. Boundless's clients range from small startups to larger enterprises that need to hire employees in countries like the UK, Canada, Australia, and Lithuania, among others.

Boundless's business model is service-based. It charges its clients a fee for managing the employment of their international workers. This fee typically covers the administrative costs of payroll, benefits, and compliance, as well as a margin for Boundless's services. By outsourcing these tasks to Boundless, companies can focus on their core business activities while ensuring their international employees are properly managed and compliant with local laws.

In summary, Boundless provides a crucial service for companies looking to hire and retain international talent without the hassle of navigating complex employment laws and regulations. Their commitment to compliance and quality service makes them a reliable partner for businesses expanding their global workforce.

Keywords: Employer of Record, global employment, HR compliance, payroll management, international hiring, remote work, talent retention, labor laws, employee benefits, administrative services.