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Remote launches new HR platform for companies with a ‘global-first’ approach
Summary
Remote, a platform founded in 2019 to help companies hire and manage remote workers, has announced a new Global HR Platform designed for employers with workers in multiple countries. The platform consolidates different tools to make it easier for companies to make their workforces global and includes features like payroll, benefits, taxes and local compliance (including Employer of Record) services, talent management, time and attendance tracking, integrated payroll, remote API, and a personal time-off module. The platform is designed to reduce the amount of time it takes to onboard a candidate in another country from weeks to days. Remote has quickly scaled up in recent years and has customers including GitLab, Loom, DoorDash, Aston Martin, Burger King and HelloFresh.
Q&As
What problem did Job van der Voort and Marcelo Lebre encounter at GitLab that led them to found Remote?
Job van der Voort and Marcelo Lebre encountered a challenge in hiring remote workers in about 70 countries at GitLab, which led them to found Remote.
What is Remote's Global HR Platform designed to do?
Remote's Global HR Platform is designed to make it easier for companies to hire remote workers and manage payments and compliance, and to reduce the amount of time it takes to onboard a candidate in another country from weeks to days.
How does Remote's Global HR Platform help companies make their workforces global?
Remote's Global HR Platform consolidates different tools to make it easier to make their workforces global. It includes features such as Remote HRIS, payroll and financial compliance, and a remote API.
What services does Remote provide to help with global HR?
Remote provides services such as payroll, benefits, taxes and local compliance (including Employer of Record) services for remote workers, as well as Employer of Record services to allow companies to hire, manage and pay employees in countries where they don’t have a legal entity.
What challenges did Remote encounter while developing its Global HR Platform?
Remote encountered the challenge of developing a personal time-off module for global employers, as they had to look for a resource that gave them all public holidays and how they affect compliance and payroll. They ended up having to build and maintain this themselves.
AI Comments
👍 Remote's new Global HR Platform is an incredibly useful tool for companies expanding internationally, as it helps to reduce the onboarding process and provides a host of HR tools to make it easier for employers to manage their workforces.
👎 Remote's Global HR Platform is a great idea, but it may be too complicated for companies who don't have the resources to maintain its own personal time-off module or understand its international compliance and payroll regulations.
AI Discussion
Me: It's about a company called Remote that has created a new HR platform that makes it easier for companies to hire and manage remote workers in multiple countries. They have a series of products that can help with payroll, compliance, talent management, time and attendance tracking, and more.
Friend: That's interesting. What do you think the implications of this are?
Me: I think it could be really beneficial for companies who are looking to expand globally. It could save them a lot of time in the onboarding process and make it easier for them to provide their remote workers with the necessary benefits and equity. It could also make it easier for them to remain compliant with local laws. Overall, I think this could be a great tool for companies looking to go global.
Action items
- Research Remote's Global HR Platform and its features to determine if it is the right fit for your company.
- Explore the benefits of hiring remote workers and how it can help your company expand globally.
- Consider the implications of using Remote's Global HR Platform for payroll, benefits, taxes, and local compliance.
Technical terms
- Remote
- A platform that allows companies to hire remote workers and manage payments and compliance.
- Global HR Platform
- A product launched by Remote designed for employers with workers in multiple countries.
- Onboarding
- The process of integrating a new employee into an organization.
- Hybrid Model
- A model that combines elements of both in-person and remote work.
- Series C Round
- A type of venture capital financing round that typically follows the Series A and Series B rounds.
- Unicorn Status
- A term used to describe a privately held startup company valued at over $1 billion.
- Employer of Record
- A service that allows companies to hire, manage and pay employees in countries where they don’t have a legal entity.
- HRIS
- Human Resources Information System, a system used to manage employee data.
- Time and Attendance Tracking
- A system used to track employee hours worked.
- Integrated Payroll
- A system used to manage payroll processes.
- Equity Incentives
- A type of compensation that rewards employees with a share of the company’s equity.
- API
- Application Programming Interface, a set of protocols and tools used to build software applications.
- PTO
- Paid Time Off, a type of leave that allows employees to take time off from work with pay.