In a nutshell, this is what you need to know: In general, we support the statutory benefits that are required by law in each local jurisdiction we operate in. As full employees through Remote's local entity, your employees are guaranteed the statutory benefits in their local jurisdiction. For any extra benefits beyond the statutory benefits, Remote can arrange what you need and advise on benefits and perks packages.
What are statutory benefits?
Statutory benefits are benefits that are legally required to provide to employees. For example, many countries have social security programs in place that provide compensation for those unemployed, injured on the job, sick or with disabilities. Most often contributions towards statutory benefits are made by employers as well as employees.
Remote takes care of everything related to the statutory benefits that are required by law for your employees through Remote. As local employees through Remote's local entity, your employees are guaranteed statutory benefits in their local jurisdictions and Remote handles all contributions related to these statutory benefits.
What statutory benefits are required in the location of my employees?
Statutory benefits differ from country to country and it's often a complex task to figure out what applies to your employees. Remote will inform you and help you with everything related to statutory benefits and local compliance when employing through Remote.
Are there extra costs associated with statutory benefits?
Contributions towards statutory benefits are always included in the Total Cost of Employment (TCE) and we will never hide or surcharge any of this.
What more benefits/perks do you support?
Benefit or perk name
Private health care insurance
|Depends on country and coverage, charged as part of TCE|
|Pension scheme (depending on country)||Depends on country, charged as part of TCE|
|Company credit cards (currently in trial)|
|Employee expenses and reimbursements (currently in trial)|
|Custom benefits or perks available on request|
Do you support stock options (ISOs, NSOs)?
At the moment, we do not support stock options programs. It is something that we have interest in supporting in the future, but at the moment we are researching possible solutions for it.