Yes, a US company can hire a foreign employee remotely. The company may need to navigate immigration and tax requirements, depending on the employee's location and citizenship status. Partnering with an EOR is the best way to hire remote employees from other countries.

Having remote employees can potentially be cheaper for a company in terms of expenses such as office space, utilities, and equipment. However, the cost savings can vary depending on the specific job and industry, as well as any additional expenses associated with managing remote employees, such as communication and collaboration tools.

Yes, a remote team and a virtual team generally refer to the same concept of a team that works together from different locations using technology to communicate and collaborate. However, some may use the term "virtual team" to specifically refer to a team that is geographically dispersed and may not have regular face-to-face interactions.

The cost of a remote employee can vary depending on factors such as their location, skill level, and job responsibilities, as well as the company's benefits and compensation package. However, remote employees may potentially be less expensive for a company in terms of expenses such as office space, utilities, and equipment.

A successful remote team requires clear communication and collaboration, as well as trust and accountability among team members. It is important to establish clear expectations and guidelines for communication, work hours, and task management, and to use technology tools that facilitate effective collaboration. Additionally, fostering a sense of community and team culture through virtual events and regular check-ins can help remote team members feel connected and engaged.