Rivermate is a payroll management solution offered by an Employer of Record service provider to make it simple for companies and businesses to handle onboarding, payouts, benefits, and compliance for their remote employees around the world. It lets you effortlessly and seamlessly hire, onboard, and engage with full-time, part-time, or contract or project-based employees in other countries or states without managing all associated labor, legal, and regulatory requirements on your own.
You can set up and run payroll internationally. Rivermate ensures you always meet the payroll, tax, employment, government, and compliance regulations and requirements applicable in your host countries. The payroll management solution also gives you a flexible and straightforward way of setting up and handling employee benefits for remote workers. Plus, it provides tools built to streamline and automate your essential HR processes. As a result, your employees can accomplish onboarding procedures, access their payslips, and download important documents from an easy-to-use dashboard.
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With Rivermate, you can expand your company or business across various countries and states without worrying about the expenses, complexities, and hassles of complying with regulations and requirements enforced in those locations. Rivermate is an EOR or Employer of Record solution that takes care of government, legal, work, payroll, and tax regulations and requirements for your remote employees on your behalf.
You can employ and manage employees in different countries and states without registering local subsidiaries or entities. Rivermate does all the heavy lifting so you won’t take the risks of violating any labor and legal regulations and policies in host countries where your employees are working. Moreover, it keeps you updated with the latest developments and changes in employment, payroll, and tax regulations and policies from all of your host countries.
Streamlined HR Processes
Rivermate provides you the tools you need to automate your HR processes while staying compliant with host countries’ laws, regulations, and policies. For instance, you no longer have to use papers or spreadsheets when onboarding new hire employees from foreign countries or other states. Instead, remote teams and employees can quickly onboard themselves using Rivermate’s easy-to-use dashboard wherever they are.
The dashboard also centralizes and automates how you handle remote workers’ payrolls. You can send salaries and payouts to employees in different countries or states without switching between multiple screens and doing a lot of data entries. Remote employees can also view payroll details, download pay stubs, and access other pertinent information and documents in the dashboard. You’ll be able to run accurate payrolls that follow policies on worker compensations and benefits, salary deductions, and withholding taxes across countries or states. As a result, you can focus more on developing and expanding your business.
Cost-Effective Solution
Using Rivermate brings a lot of cost savings for your company or business. It offers a simple and transparent pricing model in which you only need to pay 10 percent of the total amount of payroll processed for the entire month. This means you won’t be charged with any annual or monthly contract fees. Rivermate also doesn’t require you to shoulder any sign-up, minimal, and hidden costs.
Moreover, you can save money through Rivermate’s employee benefits management features. Rivermate works with various insurance providers to give you a wide selection of insurance offerings and packages you can offer to your remote employees. You choose those health insurance plans with lower coverage and premium rates.
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Bearing in mind businesses have distinctive business wants, it is prudent they steer clear of seeking an all-in-one, “perfect” solution. Just the same, it is hard to try to discover such an app even among recognizable software systems. The efficient step to do can be to note down the varied critical aspects that necessitate deliberation such as crucial features, price plans, skill levels of staff, company size, etc. Thereafter, you should double down on the product research fully. Have a look at some Rivermate analyses and scrutinize each of the software systems in your list more closely. Such well-rounded research makes sure you circumvent poorly fit applications and select the one which has all the function your business requires in growing the business.
Position of Rivermate in our main categories:
Rivermate is one of the top 100 Remote Work Software products
Every enterprise has different needs and needs an application that can be customized for their size, kind of workers and clients, and the particular industry they are in. For these reasons, no system can offer perfect functionality out-of-the-box. When you look for a software product, first be sure what you want it for. Read some Rivermate Payroll Software reviews and ask yourself do you need basic tools or do you require complex functionality? Are there any industry-specific tools that you are searching for? Get the answers to these queries to help your search. There are plenty of factors that you need to reflect on and these include your budget, specific business needs, your organization size, integration needs etc. Take your time, use a few free trials, and finally zero in on the app that provides all that you require to boost your company competence and productivity.
Rivermate Pricing Plans:
$45/contractor/month
$450/employee/month
Rivermate Pricing Plans:
Free Trial
Contractor
$45/contractor/month
Employee
$450/employee/month
Rivermate offers monthly billing, and you will only be charged once you added a new team member. It has no minimum costs and no contrasts. You can also cancel anytime.
Contractor – $45/contractor/month
Employee – $450/employee/month
We know that when you decide to purchase a Payroll Software it’s important not only to see how experts rank it in their reviews, but also to check whether the real users and companies that purchased these solutions are indeed content with the service. That’s why we’ve designer our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and Rivermate reviews across a broad range of social media sites. The data is then presented in a simple to digest form showing how many users had positive and negative experience with Rivermate. With that information available you should be equipped to make an informed business decision that you won’t regret.
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Rivermate integrates with a global network of insurance providers.
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