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/countries
- 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?
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?
We support some 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. It is something that we have interest in supporting in the future, but at the moment we are researching possible solutions for it.
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.
Interested in employing through Remote? Contact us: https://remote.com/contact-us