In most cases, foreign employees are governed by the laws of their own country or the country they are tax residents of. Employers must process salaries according to the local employment laws of the employees’ country. As each country holds its own set of employment laws, meeting compliance demands is essential to avoid fines and penalties.

Salaries of international employees solely depend on the payroll benchmarking model followed by the company. While a few companies pay all their global employees the same wages, some might decide the pay based on specific factors like cost of living, location-specific parameters, etc. Usually, companies pay employee salaries at par with the salaries in the country of residence.

Skuad promises secure payments by maintaining the highest payroll security to protect you from any liability. Our multi-layered security processes ensure that your money remains safe and is paid to your workers on time.

Skuad’s unified platform lets you easily manage employee payroll and contractor payments in their currency of choice. All you have to do is make a bulk payment to us, and we’ll make sure your team gets paid accurately and on time.

Yes, Skuad manages payroll for full-time employees as well as contractors. We also take care of payroll, taxes, benefits, and more for your subsidiary through our payroll platform.

Gross salary is the pre-tax amount paid to employees, including mandatory taxes, social security contributions, and income tax, which depends on the country’s local laws as well as the employees’ tax condition.

Net salary is the amount paid to employees after the tax deductions. The net salary varies according to the country’s legal law.