GEIO’s Core Principles

Below are the Global Employment Innovation Organization’s core principles as defined and approved by the Core Principles/Standards/Best Practices Committee and the Board of Directors.

These serve as the foundation upon which every decision, action, and strategy is built within GEIO, ensuring consistency and integrity across all levels of operation. They define our identity and set the standards for how we interact with stakeholders, including employees, customers, partners, and the broader community. By adhering to these guiding tenets, GEIO not only fosters a sense of purpose and direction but also can cultivate trust and credibility in an increasingly competitive market. In the following list, we outline the fundamental principles that underpin our organization and drive our commitment to excellence and innovation:

  1. Due Diligence Standards: EoR providers must affirm their commitment to Anti-money laundering and Anti-slavery policies and principles. This includes a robust Know Your Customer (KYC) and Know Your Employee (KYE) system.
  2. Sanctions Adherence: EoR providers must demonstrate adherence to all applicable sanctions, both local and international. 
  3. Legally Required Employment Benefits and Social Contributions: EoR providers must commit to abide by and supply all legally required benefits and social contributions. This includes health benefits, social contributions, pensions, and any other benefits mandated by local labor laws.
  4. Payroll Tax: EoR providers must comply with all payroll tax filings and withholdings obligations in the jurisdictions in which they operate.
  5. Type of Business Establishment: EoR providers must own, or contract with, a legally established business entity, with all necessary registrations and licenses in place to provide services in country.
  6. Compliance with Data Protection and Privacy Laws: EoR providers must affirm their commitment to adhere to all applicable data protection and privacy laws and regulations, including but not limited to the General Data Protection Regulation (GDPR). EoR providers must ensure that their EoR business practices align with relevant regulations and any amendments or supplements to them. This includes using advanced technology and encryption methods to protect data from unauthorized access. EoR providers affirm that they monitor their internal systems for any potential security threats and respond quickly to any incidents that may occur as per the applicable data protection regulations. Finally, EoR providers are committed to being transparent with stakeholders about collecting and processing data. EoR providers commit to having a detailed privacy policy and notices that outline their data handling practices and provide clear guidance on how employees and customers can manage their data. EoR providers are encouraged to obtain applicable certifications, including ISO 27001, SOC I and II. 
  7. Service Provider Compliance: To the extent that an EoR provider uses a third party to provide or deliver EoR services, it shall ensure that its provider(s) adheres to the above principles.

Please note that these principles are subject to change based on the specific requirements of the membership body and the development of the industry, as determined by the Board of GEIO. Failure to comply with these guidelines will result in a review and possible suspension of membership.