How does Global Squirrels help companies hire contingent workers worldwide?
Global Squirrels is a simple and easy-to-use SaaS (Software as a Service) platform that supports businesses in finding and employing talent all over the world in the most cost-effective and time-saving manner.
Our platform offers a simplified hiring process by finding the best remote contingent workers from a talent pool, setting up interviews, onboarding, and payrolling, as well as complying with local labor laws for the remote employee or contractor that you choose.
This blog highlights what Global Squirrels as a platform can offer your business, irrespective of its size, to fulfill your hiring needs. Further, it discusses remote hiring challenges, how our platform helps solve them, our platform’s exclusive features for remote employee management, and the top reasons to choose Global Squirrels to hire remote contingent workers.
PEO and EOR solutions offered by Global Squirrels
Global Squirrels offers a PEO (Professional Employer Organization) solution that helps your business take charge of essential administrative duties, including payroll management like error-free calculations and enhanced data security & confidentiality. Our solution is designed to provide certain benefits like assisting your entity in mitigating any employee misclassification risks, developing comprehensive reports, and auditing documentation. Moreover, you can leverage our PEO services for seamless expense reporting, accurate attendance tracking, streamlining approvals workflows, and compliance & work policy enforcement. Thus, our PEO will collaborate with your organization to establish global payroll management for your remote full-time employees or independent contractors.
In addition to PEO services, our software also offers numerous EOR (Employer of Record) solutions, such as helping you with competitive benefits plans by providing your employees with incentives and perks that enhance their job satisfaction, which gives your business an advantage in the market. We can handle compliance analytics & assessments by identifying potential areas to improve, eliminate risks, and ensure that your business complies and is updated with the regional labor laws to adhere to local labor laws. Our platform also fosters smooth onboarding & offboarding by seamlessly handling onboarding for your international employees, which ensures compliance and mitigates any legal complications.
Challenges with hiring remote contingent workers & how our platform resolves them
Challenge #1: Bill rate gets reduced due to agency markups
The hourly bill rate that you offer the candidate gets reduced by BPOs or staffing agencies as they charge markup fees that range anywhere from 40% to 50%. This implies that the remote employee is working for less than 60% of the bill rate, thereby affecting their longevity and job satisfaction.
Our solution: No markup fees, just the flat license fee
Our platform tackles this with our transparent hiring & payroll platform, meaning you know what you are spending, which enables you to save 20% to 25% on contingent worker hiring costs. Our platform does not engage in high varying markups charged by other agencies. This way, you will be able to pay the best to remote contingent workers, which will result in improved job satisfaction.
Challenge #2: Lack of transparency
One of the major challenges arises when you are trying to attract top talent for contract roles. Contract workers require top dollar and transparency on what you are paying for the services they are providing. Most staffing firms do not disclose the bill rates to them, which keeps the contingent workers demotivated.
Our Solution: Clarity in payment
As our platform eliminates staffing agency markups, you can attract top talent and pay them at industry-standard rates. Contingent workers respect that most of the bill rate goes to their pay rather than the staffing agency.
Challenge #3: Multiple systems to deal with
Having many tools to deal with can be stressful for both the employer and the employee, which could lead to less productivity on tasks that require more focus. Factors like VMS/end client software for timesheet approvals, staffing agency timesheet software, staffing agency HR/benefits software, and staffing agency payroll software can also lead to communication errors.
Our solution: All-in-one HR software
Global Squirrels offers a solution that helps you eliminate all the stress of working with various software. Our platform allows you to manage HR, timesheets, payroll, and benefits in one place. The end client approves all submitted timesheets in the Global Squirrels’ portal. This also eliminates processes that require manual intervention, such as invoice verification, which will give you and your employee more time to focus on other essential tasks.
Subscription-based hiring plans that Global Squirrels offers
Our platform helps you hire remote employees and contingent workers. There are three unique plans for employees and one plan for contractors you wish to hire. All of them are described below: check pricing plan
For hiring contractors
Purple plan
This is ideal if you already have identified remote contingent workers to hire. In the Purple plan, we simply help you onboard the contractor you want to hire in your company. Once the worker is confirmed for onboarding, we collect a deposit of the contractor’s monthly payroll cost along with the payroll service & compliance fee.
For hiring remote employees
Purple plan
Similar to the contractor Purple plan, we help onboard your remote employee(s), and when that is confirmed, you just need to deposit the employee’s monthly payroll cost and the PEO (Professional Employer Organization) and EOR (Employer of Record) fee as per the employment date.
Orange plan (Recruitment, PEO, EOR, payroll solution)
In this plan, we source suitable profiles for your job requirements, and once the remote contingent worker is confirmed to be onboarded, you can deposit his/her monthly payroll cost and a flat license fee (for EOR and PEO solutions) as per the employment start. A one-time recruitment fee is charged once the employee completes 90 days.
Blue plan (Recruitment only)
In the Blue Plan, we only source a suitable remote contingent worker for your business requirements. Upon onboarding, we will charge a one-time recruitment fee based on the candidate’s annual pay as per his/her offer letter.
Functional features in our hiring and payroll platform
Our global hiring and payroll platform offers country-specific timesheets and leave management tools. You can set the approval frequencies by aligning with local payroll cycles and adjusting them monthly, semi-monthly, or weekly while also monitoring and approving simply.
Our automated compliance software ensures you meet the legal standards for paid leaves and customized leave policies, which can be easily configured to match your company’s needs. You can also assign one-time and recurring tasks with clear start and end dates to the timesheet for easy tracking.
We have integrated AI-powered functions that automatically generate offer letters, ensuring consistency and reducing administrative work. Our platform also initiates pay raises when requested with just a few clicks and manages the termination process efficiently by submitting requests through the platform.
Why choose Global Squirrels to hire remote contingent workers?
Global Squirrels is the most cost-effective and time-saving way to recruit and pay remote employees. Here are some things you do not need to worry about:
1. Having an office in the country, you want your employees from
2. International payroll benefits
3. Compliance with international laws
We ensure that you are assisted exclusively in finding remote talent as per your job requirements. You decide the pay, get to train and manage, and decide the duration of the employment. Our platform is an efficient way to scale your team by not falling into the trap of using outsourcing companies while also saving hiring costs of up to 20% to 25% for contract workers.
Frequently asked questions
1. What is Global Squirrels?
Global Squirrels is a PEO (Professional Employer Organization) and EOR platform that global businesses use to hire remote contingent employees without needing a foreign entity or HR personnel. It is an all-in-one software platform that helps you find and hire employees worldwide and takes care of their payroll and compliance.
2. What types of businesses typically use global EOR solutions?
EOR services are commonly used by businesses that want to expand their operations into new countries or regions without establishing a legal entity or hiring a dedicated HR team in that location. Startups and small to medium-sized businesses also use EOR services to save time and reduce costs associated with HR management.
3. From which countries can I find employees using Global Squirrels?
You can hire remote contingent workers from India, Mexico, Canada, the USA, the Philippines, and more through the Global Squirrels platform. Our software sources candidates based on your preferred country and job requirements. Once the candidate is sourced, you can interview him/her, finalize his/her pay, and confirm the job offer. After you give a confirmation, you will be put on a monthly subscription that covers employee salary and flat pricing. As part of the subscription fee, our software automatically takes care of employee pay, benefits, required tax filings, etc.
4. Why should I choose Global Squirrels over other PEOs, EORs, and global recruitment service providers?
Hiring workers using Global Squirrels is fast, reliable, and cost-effective. We have engineered this platform to streamline your remote hiring process and payroll management. Many PEO/EOR firms only help you take care of the employee’s payroll and leave the burden of finding an employee on you. Global Squirrels will handle payroll and benefits and help you find the right talent.
5. How can Global Squirrels make remote contingent workers hiring more accessible and affordable?
With Global Squirrels, you do not need to set up an international office deal with external agencies, contractors, or recruiting firms or worry about international compliance. Global Squirrels charges you a fixed fee on top of the employee’s gross salary and takes care of your hiring, payroll, and compliance.
