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Liz is HR Technology and Services Research Director at NelsonHall, with global responsibility for key HR research projects including Cloud-Based HR Transformation, Cloud-Based Benefits Services, HCM Technology, EoR, Global Payroll and The Future of HR, as part of NelsonHall's wider HR Technology & Services practice.
meet & followNikki is a Principal Research Analyst at NelsonHall and a member of the HR Technology & Services practice. Nikki covers HR services research in the areas of Recruitment Process Outsourcing (RPO), Managed Service Programs (MSP), Total Talent, and Learning.
meet & followJeanine is a Principal Research Analyst at NelsonHall and a member of the HR Technology & Services practice. She has global responsibility for key HR areas including employer of record (EOR) and learning platforms.
meet & followDeeAnna is a Principal Research Analyst at NelsonHall and a member of the HR Technology & Services practice. She has global responsibility for key HR areas including HCM technology, workforce management, and health & welfare administration.
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Please visit NelsonHall's HRO Insight blog for further updates from our analysts daily
published on Aug 15, 2023
This NelsonHall vendor assessment analyzes Magnit’s offerings and capabilities as a provider of global employer of record services.
NelsonHall’s Global EOR profile on Magnit is a comprehensive assessment of Magnit’s offerings and capabilities, designed for:
The report provides a comprehensive and objective analysis of Magnit’s Global EOR offerings, capabilities, and market and financial strengths, including:
This NelsonHall vendor assessment analyzes Magnit’s EOR offerings and capabilities.
Magnit, formerly PRO Unlimited (founded in 1991), provides workforce management services and enabling technology, including EOR, MSP, strategic advisory consulting, vendor management, and diverse talent pool solutions. Magnit was created from a risk management/advisory company, not from a staffing business, a fact that would inform its unique vendor-neutral approach in the decades to come.
As the marketplace has changed over the years, Magnit’s vision and mission have evolved, aiming to shape and deliver the next chapter in workforce management for its employees, clients, suppliers, and partners worldwide. Magnit’s Integrated Workforce Management (IWM) SaaS platform enables the real-time intelligence its clients need to successfully source, track, and manage high-quality talent, while effectively managing costs and risks.
Throughout 2021-2022, Magnit acquired several companies to expand its services portfolio and global footprint, including the following:
Magnit bases its value proposition for its EOR solutions on offering an integrated workforce management platform, seamlessly integrating its solutions to bring its clients a unified experience.
Powered by its proprietary Magnit platform, the company’s global EOR offerings address the following challenges:
To meet the needs of its ~326 clients and the evolving EOR industry, Magnit provides the following tech-enabled EOR services: