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.
Wondering what countries we are available in? Visit: remote.com/country-explorer
- For employers
- What are statutory benefits?
- What statutory benefits are required in the location of my employees?
- Are there extra costs associated with statutory benefits?
- What more benefits/perks do you support?
- Do you support stock options (ISOs, NSOs)?
- For employees
- Will I be covered by social security programs in my location?
For employers
What are statutory benefits?
Statutory benefits are those you are legally required to provide to employees. For example, many countries have legislation in place to ensure employers provide compensation for employees that are injured on the job. Sick leave and annual leave benefits are two other common statutory benefits mandated by national governments. 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.
What statutory benefits are required in the location of my employees?
Statutory benefits differ from country to country. Figuring out the specific statutory benefits required in different countries is a very complicated task. We handle this process for you, serving you with all of the relevant information you need to ensure local compliance whenever you employ 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?
We support following benefits/perks:
| Benefit or perk name | Availability | Costs |
|---|---|---|
Private health care insurance | Depends on country and coverage, charged on top | |
Pension scheme (depending on country) | Depends on country, charged on top if it's not statutory | |
Employee expenses and reimbursements | ||
Custom benefits or perks available on request | ||
Bonus and commissions | ||
Monthly stipends and allowances |
Do you support stock options (ISOs, NSOs)?
At the moment, we do not support stock options programs. We do want to include this service in the future and we are actively researching possible solutions, so make sure you stay tuned in to our Product Updates newsletter.
For employees
Will I be covered by social security programs in my location?
Yes, as a full employee through Remote you will be covered by local social security programs. Remote's local entity contributes on your employer's behalf to local social security programs as well as other statutory requirements.
Want to learn more about employing with Remote? Speak to our team today: https://remote.com/contact-us