I quit my previous job in 2023 because I couldn’t do full-time remote work. I was working for a huge tech company with over 100+ years of history and legacy. The work environment was great, but they weren’t up to date with the future of work.
Let’s face it: the world is changing really fast, particularly regarding jobs needed, how we work, and where we work. Since the start of the COVID-19 pandemic, there has been a back-and-forth between companies trying to cut costs, searching for talent abroad without relocation, and workers that want to work from home full time. There’s a universe of legal aspects to solve when businesses try to build an international team sourcing talent from other countries. It’s not easy.
Businesses face complex legal, tax, and employment challenges that could slow down their growth and hold them back if not addressed properly (as happened with my previous employer, they were just not ready). This is where Remote Employer of Record (EOR) services come into play.
If you are a business trying to grow internationally, Remote can solve your hiring challenges at a fraction of the cost of other solutions. In this post, we have a close look at all the features offered by Remote, as well as its pricing and what it can mean for the future of work. Let’s dive in!
What are Employer of Record Services?
Employer of Record (EOR) services provide a straightforward, compliant way for businesses to hire employees globally without setting up a legal entity in every country. In a nutshell, the EOR becomes the legal employer, handling all employee-related administrative tasks, including payroll, tax withholdings, benefits administration, and compliance with local labor laws, while the client company retains day-to-day control over the employee’s work and responsibilities.
During 2010-2012 I worked for Google while I was in Argentina, and at that time, Google sourced their talent via an agency called Manpower. The concept was similar, Manpower took care of all the legal stuff. But the actual implementation was a mess. I had to do A TON of paperwork, and it wasn’t cheap for Google, so my rates and benefits were heavily reduced compared to other Google employees. In addition, Manpower worked only in Argentina. Imagine the burden of talking to different agencies everywhere. It’s painful if you are trying to run your business.
Fast-forward 10 years and one pandemic, businesses need a real and global solution. What I really like about Remote is their pricing, which is also useful to scale smaller teams, such as our content team at our agency.
Remote Review: Key Features (2023)
1. Employer of Record (EOR)
Remote can act as the employer of record for your company, which means that they will handle all of the employment-related tasks, such as payroll, benefits, and compliance. This can be a great option for companies that are new to hiring remote workers or that do not have the resources to handle these tasks themselves.
2. Contractor Management
Remote can help you hire and manage contractors, which can be a great option for companies that need short-term or temporary help.
3. Global Payroll
Remote can process payroll for employees in over 100 countries. This can help you save time and money on payroll processing.
4. Employee Benefits
Remote can help you set up employee benefits programs for your remote workers. This can help you attract and retain top talent.
Remote can help you stay compliant with local labor laws in the countries where you hire remote workers. This can help you avoid costly fines and penalties.
6. Time Tracking
Remote offers a time tracking tool that can help you track the hours worked by your remote employees. This can help you ensure that your employees are working the hours that they are supposed to be working.
7. Project Management
Remote services a project management tool that can help you manage projects with remote workers. This can help you keep track of tasks, deadlines, and progress.
8. Communication and Collaboration
There are a number of communication and collaboration tools incluided, such as video conferencing, instant messaging, and file sharing. This can help your remote workers stay connected and collaborate on projects.
9. Employee Onboarding and Offboarding
Remote can help you onboard and offboard employees. This can help you ensure that your employees have a smooth and positive experience.
Here are some examples where Remote’s services can become very handy. Of course it will depend on your business, and what your business is trying to achieve.
Remotehas two pricing plans:
- Employer of Record (EOR): This plan is for companies that want Remote.com to handle all of their employment-related tasks, such as payroll, benefits, and compliance. The EOR plan costs $599 per employee per month when billed annually, or $699 per employee per month when billed monthly.
- Contractor Management: This plan is for companies that want to hire contractors through Remote.com. The Contractor Management plan costs $29 per contractor per month.
There’s a free trial for both plans which includes access to all of the features of the plan, but there are some limitations. For example, you can only have up to 10 employees or contractors on the free trial.
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