Rise is pleased to now be offering partnering businesses in Canada fully compliant international payroll and employee management services for their global teams.
More information is available at https://www.riseworks.io/products/employer-of-record
Rise understands that many Canadian companies today have a global workforce, and that while this opens up countless new business and growth opportunities, it can come with a high volume of logistical and legal challenges. As such, they are focused on meeting this need with their comprehensive employer of record service.
By utilizing their services, partnering companies can ensure that their global workforce receives all the benefits and assurances of a ‘real’ full-time job contract—avoiding the pitfalls of having to work as an outsourced freelancer. They can also ensure that they can officially hire these global team members without having to set up a local entity, or having to manage the ins and outs of their local employee agreements and tax rules.
Rise allows clients to hire full-time employees via one of their local entities in some of Canada’s biggest partnering countries, like the United States and the United Kingdom, as well as in a growing list of 60 other nations.
Rise guarantees fast automated onboarding, fully compliant employment agreements verified by their local compliance and legal teams, appropriate benefits packages according to local standards, including healthcare and retirement payments, like 401(k)s, and full tax compliance, including handling of annual tax filings.
This advantageous approach means that partnering companies can focus on expanding their business globally, and can take their pick of a global talent pool, without having to worry about regulatory hurdles.
Rise is also distinguished by their embrace of modern financial technologies, which means employees can elect to receive their salary in their local currency, stablecoins or cryptocurrencies. This means that partnering businesses can also fund their payroll in stablecoins.
Their spokesperson said, “We can help you hire employees globally without setting up local entities, stay compliant with local employment and tax laws, simplify payroll for full-time employees and contractors, onboard employees in days, not weeks, reduce expansion costs and operational risks, and provide benefits, insurance, and HR support worldwide.”
Rise encourages businesses in the US, as well as in Canada and the UK—where their main offices are currently based—to get in touch regarding their global payroll services.
For more information, visit https://www.riseworks.io/products/employer-of-record
