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May 24, 2024

How to pay international employees anywhere in the world

Running payroll within your home country is tough enough. Paying a team in multiple countries is a headache: banking and compliance systems just weren’t set up for a world where you can just as easily work with someone across the street as across the globe. The good news? There’s a way to streamline your international payroll — so you can pay your team in a few minutes, not hours. Read on to learn more about paying your team in 2023.

How to pay international employees anywhere in the world

Akhil Reddy
January 30, 2023

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The easiest way to pay your international team in 2023

If you hire across borders, you’ll know that paying your team can feel like wrangling an 800-pound alligator. Or worse. Common problems include:

●     Paying teammates in different currencies

●     Following local labor laws and regulations

●     Finding a payment method that works for your whole team

Know the struggle? Then you’re in luck: We built Thera so you can pay your entire international team in a single click — in their currency of choice. If that sounds too good to be true, we don’t blame you. But it’s simple. Here’s how Thera works:

  1. Sign up for Thera in a few seconds (it’s free to make an account)
  2. Onboard your team to Thera with our compliant contracts (in 150+ countries)
  3. Pay your whole team in a single click, in their currency of choice.
  4. Repeat (and enjoy).

We take care of the stuff that makes payroll complicated. You just click. It really is that easy.

You should know: Thera’s built for hiring& paying independent contractors. It’s the faster and easier way to hire globally. If you’re ready to get started paying your team in a click, sign up for $0 today.

What to keep in mind when paying your international team

Paying international employees can definitely come with its own set of complications. Here are a few things to keep in mind:

  1. Currency conversions: Depending on where your employee is located, you may need to convert their pay into a different currency. This can involve exchange rate fees and other costs, which can eat into your employee's pay.
  2. Local laws and regulations: Each country has its own laws and regulations governing payroll and taxes. Make sure you're aware of these and are complying with them to avoid any legal issues.
  3. Payment methods: Not all payment methods are available in every country. If you’ve got team members in multiple countries, paying them all at once is difficult.
  4. Communication barriers: If your employee is in a different time zone or speaks a different language, coordinating payroll and other HR matters can be more challenging. Make sure you have clear lines of communication and consider using translation tools if necessary.

Overall, paying international employees requires a bit of extra effort and planning, but with the right tool sand processes in place, it's definitely doable.

Of course, you don’t need to worry about any of that when you use Thera.

The bottom line on running international payroll

Paying your international team can be challenging, but Thera makes it easy by allowing you to pay your entire team in a single click in their preferred currency. Thera is designed for hiring and paying independent contractors and is available in over 150 countries. Sign up to Thera and onboard your team with compliant contracts to get started.

Paying international employees can come with its own set of complications, such as currency conversions, local laws and regulations, payment method availability, and communication barriers, but using Thera can help alleviate these challenges.

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Elizabeth Wellington

Liz writes about business, creativity and making meaningful work. Say hello on Twitter or through her website.

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