Ontop is a platform that addresses the challenges of managing a global workforce without the need for establishing local legal entities in every country where employees or contractors are hired.
This review will explore the platform’s features and solutions, its compliance capabilities, remote team payroll management, and its pricing structure.
What is Ontop?
Ontop is a cutting-edge platform that revolutionizes the way businesses manage their global workforce.
Designed to simplify and streamline payroll, onboarding, and payments for remote employees and contractors, Ontop empowers companies to effortlessly navigate the complexities of international employment.
Ontop has a focus on compliance and seamless processes. It offers tailor-made solutions that enable organizations to expand their operations globally without the need for local legal entities.
With this, it ensures that your business or small startup can hire the best international talent, offer competitive benefits, and maintain legal compliance, all while providing expert guidance and support throughout the employment journey.
Ontop’s Core Offerings:
- Streamlined Payments for Remote Workers and Contractors
- Easy and Compliant Contracts for Global Employment
- Tailor-Made Financial Solution for Global Workers, including a USD-based wallet and a globally accepted Visa card
- Expert Guidance and Support on Local Taxes and Regulations
- Bank-Level Compliance Standards for Security and Trust
- A Fast Solution for Onboarding International Workers
Now that we know what Ontop is, let’s take a look at its features, pricing, and why you should consider using it when hiring global talent.
Features/Solutions Provided by Ontop
In order to work with global talent while staying compliant, startups need a host of tools, from payroll to compliance and HR tasks. Ontop offers a lot of these, and we would like to talk about them in this section.
1. Hire employees anywhere around the world
Ontop’s Employer of Record Service enables companies to swiftly onboard new talent without the need for local legal entities in each country.
This feature is particularly valuable for organizations looking to expand their global reach without the administrative complexities.
One of Ontop’s standout features is the provision of one-on-one assistance to employees. Each individual is assigned a concierge manager, ensuring a personalized onboarding experience.
The EOR service facilitates the hiring of full-time employees in more than 150 countries worldwide while remaining compliant with local regulations and offering competitive benefits.
2. Hiring international contractors
For companies looking to scale their teams efficiently with international contractors, Ontop presents two convenient methods.
Method #1: The “You Sign Method” allows businesses to utilize their legal entity to hire and pay remote contractors through the platform.
Method #2: “Ontop Signs Method” transfers the legal responsibilities to Ontop, while companies retain control of day-to-day operations.
3. Compliance for remote teams
Ontop places a strong emphasis on ensuring legal compliance for remote teams, a crucial aspect of global workforce management.
The platform offers various hiring models that allow businesses to customize contracts according to their specific requirements while adhering to local laws.
An all-in-one platform for document management simplifies compliance efforts. Ontop provides a secure space to store and access all important documents related to global teams, streamlining the compliance process and ensuring businesses can easily manage their remote workforce.
4. Remote teams Payroll
Ontop offers a user-friendly payroll management system, addressing the challenges associated with managing payroll for remote teams. It provides multiple options that cater to both businesses and contractors, making the payment process efficient and hassle-free.
The Ontop Wallet enables companies to pay contractors instantly, while the Ontop Virtual Card offers a globally accepted payment method for contractors. The platform’s payroll system effectively reduces payroll costs by eliminating additional fees for paying remote teams.
Pricing of Ontop solutions
Ontop follows a transparent pricing structure, providing different plans to suit various business needs.
Pricing Plan #1:
The Contractor Starter plan, starting at $29 plus 1% per contractor, grants access to hire contractors legally in over 150 countries, automated document collection, and instant payment options.
Pricing Plan #2:
The employee Plan: For companies seeking to hire employees through EOR, the Employee plan starts at $299, alleviating the burden of administrative tasks and offering local employee benefits.
Pricing Plan #3:
Larger teams can opt for the Contractor Custom plan, which offers custom pricing options to support efficient scaling.
Why You Should Use Ontop
From facilitating efficient payments and contracts to providing tailor-made financial solutions and expert guidance, here are the reasons why you should use Ontop as a reliable partner in building and nurturing remote teams and contractors worldwide.
1. Streamlined Payments for Remote Workers and Contractors
Ontop offers a seamless payment system for remote workers and contractors, making the process efficient and hassle-free.
With just a few clicks, businesses can pay their global team members, eliminating the need for multiple transactions.
This streamlined approach ensures timely payments and contributes to a positive working relationship between employers and their remote workforce.
2. Easy and Compliant Contracts for Global Employment
Navigating the complexities of global employment contracts can be daunting, but Ontop simplifies the process.
The platform provides easy-to-use contract templates that comply with local regulations in over 150 countries.
This not only saves time but also ensures that businesses are on the right side of the law, fostering a transparent and compliant employment relationship.
3. Happier and More Productive Remote Teams
By streamlining payroll and offering compliant contracts, Ontop contributes to happier and more productive remote teams.
Timely and accurate payments, coupled with legal clarity, create a positive working environment, enhancing employee satisfaction and dedication to their roles.
4. Tailor-Made Financial Solution for Your Global Workers
Ontop understands the diverse financial needs of global workers and offers tailor-made solutions to address them.
Workers receive a wallet without limits to store their earnings in fiat USD, providing financial flexibility.
The Ontop Visa card empowers them to spend globally, further facilitating their day-to-day expenses.
Additionally, a suite of local money transfer options simplifies financial transactions, ensuring ease of access to their hard-earned money.
5. Expertise, Always
The platform’s commitment to customer support is evident through their human assistance available 24/7.
Employers and workers can rely on expert guidance regarding local taxes and regulations, ensuring compliance and avoiding potential pitfalls.
This continuous support creates a sense of trust and security in the partnership between Ontop and its clients.
6. Bank-Level Compliance Standards
Security is paramount when dealing with financial matters, and Ontop takes this seriously.
The platform has implemented robust Know Your Business (KYB) and Know Your Customer (KYC) processes for both companies and workers.
These bank-level compliance standards establish a secure and trustworthy partnership, protecting the interests of all parties involved.
7. Fast Solution for Onboarding International Workers
Time is of the essence when expanding a global workforce. Ontop addresses this need by offering a fast and straightforward onboarding process.
Creating contracts is a breeze with their user-friendly platform, and Ontop guides businesses through the submission of required local documents.
In just a matter of minutes, employers gain access to the platform’s suite of financial services, enabling them to seamlessly integrate new team members.
How to Employ Remote Teams or Contractors with Ontop: A Seamless Process for Global Workforce Management
Employing remote teams or contractors with Ontop is a straightforward and efficient process that takes the complexities out of global workforce management.
Here’s a step-by-step guide on how to utilize Ontop’s platform for seamless onboarding and employment:
1. Onboarding an Employee
To begin the process, provide Ontop with the new employee’s employment details and salary information.
Depending on the specific requirements of each country, Ontop can handle essential background checks and facilitate any necessary medical exams.
Using this approach ensures that the onboarding process complies with local regulations, easing the administrative burden on your organization.
2. Employee Agreement
Ontop provides a comprehensive employee agreement that is fully compliant with local laws and regulations.
This agreement covers all necessary legal aspects and ensures that the employment relationship is clear and transparent for both parties.
3. Employee Begins
With the employment details and agreements in place, the new employee can seamlessly begin their work.
They report to your organization as usual, without any disruptions to their onboarding process.
4. Salary Payment
Ontop ensures that employees receive their salary payments in the local currency, simplifying the financial aspects of international employment.
Additionally, employees can access local benefits, which further enhances their job satisfaction and overall well-being.
5. Manage Details
As your company’s needs evolve or any changes in employee details arise, Ontop provides full support in managing these aspects.
You can rely on Ontop’s expertise and assistance to handle any updates required, ensuring that your global workforce remains well-managed and compliant with local regulations.
Final Verdict: Using Ontop
Ontop presents a robust platform for businesses seeking a streamlined solution for managing a global workforce.
With its Employer of Record Service, efficient compliance management, user-friendly payroll system, and transparent pricing, Ontop offers valuable tools for companies expanding their operations internationally.
The personalized approach through one-on-one assistance for employees and the option to choose between different contractor hiring methods further enhance the user experience.
While Ontop may not be suitable for every organization, its focus on simplifying global workforce management makes it a compelling choice for companies aiming to navigate the complexities of an international workforce efficiently.
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