Magnit
Magnit is a United States-based workforce management company that operates a vendor-neutral managed service provider (MSP) platform for enterprise contingent workforce programs. It provides Employer of Record and payrolling services within these programs, with coverage extending to more than 130 countries. Its EOR offering is sold as part of its broader contingent workforce and staffing-agency solutions.
Global EOR Listed in 12 country lists Prominent in 1 market
| Fact | Value |
|---|---|
| Established | 1991 |
| Founders | Andrew Schultz |
| Region / headquarters | Global / multi-country / United States / international |
| Website | magnitglobal.com ↗ |
| What it does | Magnit is a United States-based workforce management company that operates a vendor-neutral managed service provider (MSP) platform for enterprise contingent workforce programs. It provides Employer of Record and payrolling services within these programs, with coverage extending to more than 130 countries. Its EOR offering is sold as part of its broader contingent workforce and staffing-agency solutions. |
| Entry price | Quote-based (no public price) |
| Countries covered | 130+ (provider's own claim) |
| Last verified | 4 Nov 2026 |
How it operates by country
| 🇬🇧 United Kingdom | Offers a commercial EOR product. More concretely, its MUFG worker FAQ says Magnit employs the workers and provides employer-of-record services, including PAYE payroll. Scope: temporary and contingent workers. magnitglobal.com Service model: Contingent / staffing EOR. Entity information: Magnit Global UK employment business (exact legal name not supplied). Location information: Demonstrated London employment coverage: Magnit’s own London assignment listings identify Magnit Global’s UK employment business, company 05537535, as the contracting employer. This is direct London-worker evidence. directsource.magnitglobal.com. |