These are benefits that employees hired through Remote in a specific country are entitled to based on local needs and expectations. At Remote, we see core benefits (such as health insurance and retirement plans) as part of an employee’s core compensation.
The stated cost is an estimate of the amount employers will be required to pay for core benefits when employing in a particular country. These core benefits are not always required by law but are important in order to have a comprehensive and competitive benefits package that protects an employee’s physical and financial wellbeing. When onboarding your employee on Remote you will be able to see more details about all the benefits, tiers, and perks that are available or required in this country.