Featured Webinar
How to (Legally) Pay Global Contractors
On-Demand
29 minutes
When determining how to pay independent contractors, there are some unique considerations employers should be aware of to comply with global employment laws while eliminating fees, delays, and errors that can be common with international contractor payments. Join this session for an informative overview of common ways to pay global contractors.
Tim Manning
Technical Account Consultant
Jen Waters
Global Solutions Advisor
In this webinar, you'll learn:
The financial benefits of hiring independent contractors
How to prepare compliant offers and agreements for contractors
Common payment structures and payment methods for contractors
How to determine what currency to pay international contractors
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How to (Legally) Pay Global Contractors
Learn common contractor payment methods, how to think about foreign exchange rates, and how to minimize employer risk.
Speakers
Key Takeaways
01
Hiring global contractors has many advantages.
There are financial benefits (don't need to provide equipment or benefits), better flexibility (can hire for temporary periods of time), and increased productivity (specialized skills and fewer meetings).
02
There are many ways to pay global contractors.
Common contractor payment structures include project fee, retainer, and time and materials. Popular payment methods include wire transfers, money orders, digital payments, and native payroll solutions like Rippling. Each offers unique benefits and should be selected carefully.
03
Determine what currency you'll pay contractors in.
You need to specify the currency in which contractors will be paid in the original agreement, before they start working–don’t just assume your international contractor will be paid in US dollars. You may need to convert the amount you would pay in US currency to the equivalent in theirs.
