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Word of the week: Employer of record

October 08, 2019

Uber Technologies Inc. (NYSE: UBER) announced last week it formally launched its Uber Work industrial staffing app in the city of Chicago, and it’s using two staffing firms to supply employer of record services for the offering.

Staffing Industry Analysts’ lexicon defines employer of record as:

"An employer of record serves as an employer for tax purposes while an employee performs work for the client, such as a staffing firm or other business. An employer of record handles all personnel functions, including payroll processing and funding; tax deposits and filing; and employment contracts and paperwork. Maintaining a Certificate of Insurance, I-9, and E-Verify forms; unemployment insurance; and workers’ compensation are done. An employer of record also performs background checks and drug screenings; administers benefits; terminates employees; and may handle worker issues."

Note: This article has been corrected from a previous version.

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