Velocity Global vs. Remote
With many HR and payroll options on the market, how do you choose a solution that will meet you where you are today and help you grow?
This comprehensive guide will help you compare Remote with Velocity Global so you can decide which solution is right for you.
Remote
Pricing
Contractors
Free contractor payments and invoicing in 170+ countries with zero exchange fees
Additional fees for contractors
No extra fees
Employees
Free for the first employee, then $299-$599 per employee/month based on country selection
Additional fees for employees
No extra fees
Startups
Free for the first employee, and 2 months free for all other employees for 12 months; free contractor management
Social Purpose Organizations (nonprofits, charities, social enterprises, benefit corporations)
Free for the first employee, then 25% off for up to 10 employees and free contractor management
Hiring Refugee Talent
Free for any refugee talent hired
Contractor Capabilities
Payments in 170+ countries
Exchange fees
$0
Locally compliant contracts
Tax document management
Localized guidance for hiring contractors in each country
Contractor payment methods
Wire transfer, Wise, Payoneer
Contractor health benefits
EOR Capabilities
Owned entities
100% fully owned entities
Localized benefits package and administration
Ironclad IP and invention rights protection
Equity incentive planning support
Security
GDPR Compliant
SOC 2 Compliant
ISO 27001 Compliant
Integrations
Greenhouse
Rippling coming soon in Q4!
BambooHR coming soon in Q4!
Velocity Global
Pricing
Contractors
No public pricing. Recently acquired a contractor product but it is not integrated.
Additional fees for contractors
Unknown
Employees
Complex pricing structure. Monthly fee of 18% of fully burdened compensation, or a minimum of $1,600 per employee per month.
Additional fees for employees
Setup fee per employee with minimums per country of $6,000. $45 wire transfer fee per month per country. And many more...
Startups
Social Purpose Organizations (nonprofits, charities, social enterprises, benefit corporations)
Hiring Refugee Talent
Contractor Capabilities
Payments in 170+ countries
Exchange fees
$0
Locally compliant contracts
Tax document management
Localized guidance for hiring contractors in each country
Contractor payment methods
N/A
Contractor health benefits
EOR Capabilities
Owned entities
A mix of owned entities and third parties
Localized benefits package and administration
Ironclad IP and invention rights protection
Equity incentive planning support
Security
GDPR Compliant
SOC 2 Compliant
ISO 27001 Compliant
Integrations
Greenhouse
Rippling coming soon in Q4!
BambooHR coming soon in Q4!
Questions to ask when comparing global employment solutions
While we believe in fair and transparent pricing, traditional EORs tend to have complicated pricing structures with lots of hidden fees that could blow your budget out of the water. Make sure you understand your provider’s fee structure as you’re budgeting for your international workforce.
Traditional EORs typically only support employees. The Remote platform has robust support for contractors and employees alike, so you can manage your entire workforce in one place.
What’s the time-to-hire in a given country? Will you have to do a lot of administrative work to get a new hire onboarded? Is your global employment provider streamlining the hiring process for you through automation or do they still rely on manual processes and email? The Remote platform is modern and secure with an automated onboarding process, so your new hires can start as quickly as possible.
Compare Velocity Global vs. Remote in more detail
At Remote, we believe in fair and transparent pricing. Our services range from $299 to $599 per month per employee when billed yearly and $349 to $699 if billed monthly. Invoices and payments for contractors are free. There are no hidden fees or long-term commitments required.
Velocity Global charges a $3,000 setup fee per employee with a minimum fee per country of $6,000. On top of that, you’ll pay a monthly service fee of 18% per each employee’s fully burdened compensation with a minimum of $1,600. These minimums and additional fees make it cost prohibitive to hire top international talent.
Remote
Pricing
Contractors
Free contractor payments and invoicing in 170+ countries with zero exchange fees
Additional fees for contractors
No extra fees
Employees
Free for the first employee, then $299-$599 per employee/month based on country selection
Additional fees for employees
No extra fees
Startups
Free for the first employee, and 2 months free for all other employees for 12 months; free contractor management
Social Purpose Organizations (nonprofits, charities, social enterprises)
Free for the first employee, then 25% off for up to 10 employees and free contractor management
Velocity Global
Pricing
Contractors
No public pricing. Recently acquired a contractor product but it is not integrated.
Additional fees for contractors
Unknown
Employees
Complex pricing structure. Monthly fee of 18% of fully burdened compensation, or a minimum of $1,600 per employee per month.
Additional fees for employees
Setup fee per employee with minimums per country of $6,000. $45 wire transfer fee per month per country. And many more...
Startups
Social Purpose Organizations (nonprofits, charities, social enterprises)
Remote is the only company with a 100% vertically integrated stack. That means we own legal entities in all covered countries for faster service with no third-party delays. Owning our own entities enables us to provide faster legal and HR support in each country, ironclad intellectual property (IP) protection, and fair and transparent pricing.
Velocity Global owns legal entities in some countries and relies on a network of third-party partners in others. They act as an intermediary, outsourcing employment to in-country providers, passing on their fees and pocketing the difference. This is not only expensive for you but can also cause delays when onboarding new hires or requesting support. Furthermore, how can you trust that your sensitive data and IP is being properly handled and protected?
Remote offers free invoices and payments for contractors in more than 170 countries with zero exchange fees. We have thousands of contractors on our platform today.
Velocity Global acquired a company called iWork Global for contractor compliance, but they have not yet merged the two companies or their product offerings.
Remote offers the strongest protection for your IP and invention rights in the industry. We are constantly monitoring changes in IP laws so you receive the maximum rights to your company’s IP.
Velocity Global relies on third-party partners in most countries, putting your intellectual property rights at risk. An intermediary may inadvertently retain possession of your IP without your knowledge or consent, forcing you to fight the issue in foreign courts.
Remote is SOC 2 compliant and 100% GDPR compliant. We don’t rely on third parties, so we never share your sensitive data. Period.
Velocity Global holds an ISO 27001 certification, another recognized standard for data protection. But you cannot guarantee that their third-party partners adhere to the same standards, leaving your data at risk.
Remote offers a secure and modern platform. Our streamlined and automated onboarding process significantly reduces your time to hire in a country. No long back-and-forths over email to set up a new hire. Plus, all necessary employment documents are securely stored for easy access.
Velocity Global’s platform has an outdated user interface, and their onboarding process can be slow and manual. You can expect a lot of back-and-forth over email, which can significantly slow your time-to-hire.
When you choose Remote, you receive 24/7 access to our local HR and legal experts. Our support teams are spread across the globe, guaranteeing you receive the most comprehensive and informed service with every interaction.
Velocity Global relies on third-party experts to provide information to your team members. Answers to important questions could take a few days as they reach out to their partner vendors before getting back to you. This service also extends to your employees, who may not get direct assistance when needed.
* Competitive data on this page was collected as of June 24th, 2021 and is subject to change or update. Remote does not make any representations as to the completeness or accuracy of the information on this page.
Integrations built to simplify HR from end to end
Remote partners with the most powerful HR systems to seamlessly connect their people, payroll, and HR data. Through our Global Employee API and native partner integrations, we empower our partners to leverage our global infrastructure in their offerings and help more customers scale their global teams faster.
