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Pros

  • Contractor management tools at an affordable price
  • Special pricing and discounts are available for new businesses, charities, and companies that hire refugees
  • Compliance with local regulations
  • Accessible in over 170 countries
  • Customized benefits packages tailored to each country

Cons

  • Limited price information is available
  • Lacks time-tracking features
  • Standard customer support is limited to email only
  • Professional support is available exclusively for the Remote Enterprise solution

Founded in 2019, Remote Payroll offers human resources services and solutions for managing global payroll, taxes, benefits, and security catering to businesses of all sizes. The platform aims to simplify the hiring of foreign employees by facilitating billing and payment processing in over 170 countries.

Remote’s Employer of Record (EoR) services allow users to manage all payroll and compliance needs in countries where they do not have corporate entities. It also provides benefits packages tailored to specific countries and offers free or low-cost solutions for managing and paying contractors.

Remote excels at managing payroll and employment taxes for each country by utilizing its vast network of local partners. This expertise enables them to navigate complex tax systems and regulations effortlessly. Moreover, Remote is equipped to handle bonus and incentive payments for international employees, ensuring that all compensation-related matters are effectively managed.

A key feature of Remote’s services is their support for the Dutch 30% ruling. This special provision allows qualified highly skilled migrants who have moved to the Netherlands for specific positions to receive tax-free allowances of up to 30% of their salary. By providing assistance with this provision, Remote showcases its dedication to offering comprehensive and customized solutions for its clients’ international workforce needs.

Remote offers substantial support for businesses by simplifying the approval and payment of contractor invoices in more than 170 countries. Their invoicing tools allow contractors to create and send invoices directly from the Remote platform. This feature is particularly advantageous for businesses with long-term contractor agreements, as it provides a convenient way to review, approve, and make online payments for submitted invoices.

Remote payroll solutions and services are advantageous for companies with teams spread across the globe. With a suite of features that includes strong pay processing tools, thorough payroll compliance support, and coverage in over 100 countries, Remote payroll is a convenient and effective option. Additionally, having local entities in the countries they operate in facilitates smoother operations. However, the lack of built-in time-tracking tools does somewhat diminish its overall appeal.

Remote adheres to a strict monthly payroll cut-off timeline, requiring submissions to be made by the 11th of each month. To ensure smooth processing, it’s essential to enter details for bonuses, commissions, incentives, and expense reimbursements into their platform before 11:59 p.m. UTC on the 11th. This enables Remote to handle the information both efficiently and accurately. If you happen to miss the payroll cut-off deadline and do not want to wait for the next payout schedule, Remote provides an option for off-cycle payroll for an additional fee.

Remote supports payments via debit and credit cards, as well as ACH and SEPA transfers. With the ability to handle over 65 currencies, Remote offers a diverse range of payment methods. If a contractor operates in a different local currency than Remote, TransferWise will be utilized to facilitate seamless payments to the contractor.

Compared to its competitors, Remote Payroll tends to be on the pricier side. However, its contractor management tools enable users to quickly onboard international contractors and ensure timely payments without currency conversion fees. It also offers a customizable Global Payroll module and an Employer of Record (EoR) option that includes compliance, payroll, hiring, and benefits functionalities. Depending on whether you opt for a monthly or annual plan, the costs range from $599 to $699 per month for each plan.

The most affordable and basic plan from Remote costs $349 per month for each employee. If you choose to pay for a full year upfront, you can save 14%, though the total will exceed $3,500 per employee. Additionally, Remote provides a free contractor management plan that allows you to easily pay contractors abroad in their local currencies and automatically generate 1099 forms for U.S. contractors.

The basic employer plan includes features such as new hire reporting, an HR library, a ledger report, a self-service employee portal, and analytics. While most competitors offer similar services, they typically restrict them to companies located in the U.S. In contrast, Remote Payroll provides tailored employment agreements, insurance policies, and payroll options for any country where you wish to hire.

Paying the management fees annually is more cost-effective, as it provides lower rates compared to monthly payments. However, for an employee’s first billing, you are required to pay the full year’s subscription upfront. It’s important to note that Remote will not reimburse any unused management fees if the employee is terminated before the end of the 12-month payment period. Additionally, monthly fees are non-refundable, even if a contract for one of your employees is canceled before the end of the month.

The complex pricing structure of Remote Payroll may pose challenges for growing companies. To access premium features like Global Payroll and Remote Enterprise, you must consult with a sales representative for pricing information. Some clients may find this process time-consuming, and rates may change as your business grows and new products are introduced.

When you choose the Remote Enterprise solution, you gain access to a dedicated customer support team. However, the standard support provided by Remote is restricted to email submissions. For less urgent inquiries, there is an online chatbot, a Frequently Asked Questions section, and a help center that offers additional resources.

Hiring and compensating overseas workers can be challenging due to the unique labor laws, mandatory benefits, and local tax and employment regulations in each country. Remote simplifies this process by alleviating the stress and workload associated with managing complex HR, benefits, and payroll systems.

As an Employer of Record (EoR), Remote can help you manage the entire employee lifecycle for your international workforce while ensuring compliance with local laws and tax regulations in over 170 countries.

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