Skuad is a global employment and payroll platform designed to help businesses hire, manage, and pay remote employees and contractors across multiple countries. With its emphasis on compliance, automation, and scalability, Skuad serves as a one-stop solution for businesses looking to expand their global workforce without the administrative complexity of establishing legal entities in each location. Read on for our full Skuad review.
Company profile
- Founded: 2020
- Headquarters: Singapore
- Coverage: 160+ countries worldwide
- Target audience: Startups, SMEs, and large enterprises seeking to expand their remote workforce without establishing physical operations in multiple locations.
- Technology: Skuad’s platform integrates with HR and payroll systems to deliver a seamless experience, offering APIs for customisation and compatibility.
Key services offered by Skuad
- Global payroll management – Skuad simplifies payroll processes by providing a unified platform for managing payments to employees and contractors in over 160 countries. The platform ensures timely and accurate payments while handling local tax laws and regulations.
- Employer of Record (EOR) – As an EOR, Skuad takes on the legal responsibilities of hiring and managing employees on behalf of businesses. This service allows companies to legally employ workers in foreign markets without setting up a local entity.
- Contractor management – Businesses can easily onboard, manage, and pay international contractors with Skuad’s tools. The platform supports compliance with country-specific contractor laws and agreements, ensuring that all engagements remain legally sound.
- Compliance and legal expertise – Skuad ensures adherence to local employment laws, tax regulations, and labour standards, reducing the risk of fines or legal disputes. The platform handles complexities such as tax filings, benefits administration, and employee termination processes.
- Customisable benefits packages – Skuad enables businesses to provide tailored benefits to their employees, such as health insurance, pension contributions, and wellness programmes, aligning with local market expectations and laws.
- Onboarding and offboarding support – The platform streamlines the onboarding process by automating document collection, contracts, and compliance checks. Similarly, it simplifies offboarding procedures, ensuring smooth transitions and compliance with labour laws.
Skuad pricing
Skuad operates on a subscription-based model, with prices tailored to the number of employees or contractors managed and the specific services required.
Typical costs include a flat fee per employee or contractor, with optional add-ons for benefits and custom solutions. Businesses are encouraged to request a quote for an accurate estimate.
Pros and cons
Pros
- Comprehensive global payroll and compliance support.
- Easy-to-use platform with robust automation features.
- Reduces the need for in-house HR and legal expertise.
- Scalable solutions for companies of all sizes.
Cons
- Pricing can be higher compared to hiring locally in certain markets.
- Dependence on Skuad’s platform may require training for internal teams.
Why choose Skuad?
Skuad stands out as a reliable partner for businesses navigating the complexities of global employment. With a strong focus on compliance, streamlined operations, and scalability, it offers an ideal solution for organisations seeking to expand their workforce across borders.
Verdict
Skuad provides a powerful platform for global hiring and payroll management, making it easier for businesses to operate in multiple countries.
By offering a suite of services designed to minimise administrative burdens and ensure compliance, Skuad empowers organisations to focus on growth and innovation.
Whether you are a startup entering new markets or an established enterprise building a global team, Skuad is a platform worth considering.
FAQ
Skuad is suitable for a wide range of businesses, including startups, SMEs, and large enterprises. It is particularly valuable for companies looking to expand globally without setting up local entities or hiring in-house legal and HR teams for compliance management.
Skuad relies on a team of legal experts and advanced technology to stay updated with the latest labour and tax regulations. The platform ensures all employment contracts, payroll processes, and tax filings are aligned with the legal requirements of each country.
Yes, Skuad is equipped to handle employment and compliance in countries with complex or restrictive labour laws. The platform provides tailored solutions to navigate unique challenges in such markets.
Skuad is designed to support businesses during periods of rapid growth. Its automated onboarding, payroll, and compliance solutions make it easy to scale operations across multiple regions without overburdening internal teams.
Yes, Skuad can manage both short-term projects and long-term employment contracts, ensuring compliance and consistency throughout the employee lifecycle.
Yes, Skuad works with businesses to design benefits packages that are competitive and appropriate for the local market, helping to attract and retain top talent.
Skuad follows stringent security protocols, including encryption and GDPR compliance, to protect sensitive employee and payroll data. It also regularly audits its systems to ensure high standards of security.
Yes, Skuad’s platform offers integration capabilities with common HR and payroll tools, enabling seamless operations and efficient data management. APIs are also available for custom integrations.
Yes, Skuad includes detailed reporting features that allow businesses to track payroll expenses, compliance statuses, and workforce performance metrics, helping them make data-driven decisions.
Skuad provides support for resolving disputes or grievances by ensuring compliance with local employment laws and assisting with negotiations or resolutions, as needed.