Teamed is a comprehensive global employment platform designed to simplify international hiring and workforce management for businesses of all sizes. By acting as an Employer of Record (EOR, Teamed enables companies to hire employees in over 150 countries without the need to establish local entities. The platform manages all aspects of global employment, including payroll, taxes, benefits administration, and compliance with local labor laws, allowing businesses to focus on growth while ensuring their international teams are well-supported.
Key Features and Functionality:
- Employer of Record Services: Teamed hires international employees on behalf of businesses, providing locally compliant employment contracts and handling all legal responsibilities.
- Global Payroll Management: The platform ensures timely and accurate salary disbursements in over 50 currencies, managing all necessary deductions and tax obligations.
- Comprehensive Benefits Administration: Teamed offers competitive, localized benefits packages tailored to each country, including healthcare, pensions, and other essential perks.
- Compliance Assurance: With a robust compliance framework, Teamed ensures full adherence to local employment laws, tax regulations, and international labor standards, mitigating legal risks for businesses.
- Dedicated Support: Clients and their employees receive personalized support from dedicated account managers and local experts, ensuring a seamless employment experience.
Primary Value and Solutions Provided:
Teamed addresses the complexities and challenges associated with international hiring by offering a streamlined, compliant, and cost-effective solution for managing a global workforce. By handling the intricacies of employment laws, payroll, and benefits across multiple jurisdictions, Teamed enables businesses to expand their talent pool globally without the administrative burden and legal risks typically involved. This allows companies to focus on their core operations and growth strategies while ensuring their international employees are well-managed and supported.