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As remote guy I see potential for disruption in this area. So far umbrella subsidiaries or agencies and invoice-based contracting does the job, but stuff like I
by imhoguy 8y ago
As remote guy I see potential for disruption in this area. So far umbrella subsidiaries or agencies and invoice-based contracting does the job, but stuff like IP rights and liability is quite complex.
We would need some Stripe-like service for employment matters.
- awad 8y agoThis is spot on. People who've never had to deal with the administrative overhead of having to accommodate a new locale per employee don't realize how difficult it can be. There is substantial tooling on the front office side with respect to remote work, but the back office is sorely lacking and one of the key inhibiters of more companies doing this at sufficient scale.
- Androider 8y agoIn the US there are PEOs (professional employer organizations) that function as virtual co-employers that allow companies to hire in all 50 states without establishing a physical presence, handles payroll, state taxes, health insurance and benefits in all the states etc. Something like that, but on a global scale, would be amazing for remote hiring. What unfortunately now seems to happen is that remote foreign employees get classified as contractors (which probably wouldn't stand up to any real scrutiny), which isn't great for either party.