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Our verdict
Teamed is a global employment solutions provider, hiring employees anywhere in the world on behalf of client companies. Teamed offers Employer of Record (EOR) and contractor payment solutions at some of the lowest prices on the market.
Pros
- Hire and pay employees all over the world
- Market-beating prices
Cons
- Does not currently offer a payroll only solution
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How is this calculated?
We calculate the Overall Rating by combining the ratings of several testing categories.
Learn more by reading our testing and review methodology.
50+
£199
SWIFT/Wire Transfer
Are you looking for a market-leading global Employer of Record solution to help you hire employees anywhere in the world? Check out our detailed 2023 review of Teamed, and find out why they are one of the best international hiring partners out there.
What is Teamed?
Teamed is an international hiring platform, supporting companies to hire employees all over the world. They support their international clients through:
- Employer of Record (EOR) solutions — Teamed hires your global team for you, no matter where the employee is based. There is no need for you to hire via costly local subsidiaries.
- Global Payroll — Teamed pays employee salaries and makes essential deductions for employees based all over the world.
- Local benefits — Teamed can ensure your team receives the compensation they need, including employee stock options.
- Total compliance — When you work with Teamed you are guaranteed full compliance with local laws and regulations.
Key features
1. Employer of Record
As an Employer of Record (EOR), Teamed prepares locally-compliant employment contracts for your overseas team members, and hires and onboards them in full compliance with local laws. This saves you from needing to set up a local subsidiary to employ staff, and means you can onboard in as little as 24 hours.
2. Payroll
Teamed takes care of salaries and wages, withholds income taxes, and makes necessary employer deductions in any country that you hire in. Teamed is currently able to pay employees in 50 different currencies.
3. Contractor support
Interested in hiring an international contractor rather than an employee? No problem. With Teamed’s contractor payment solutions you can ensure compliant contractor hire and payment for £29 per month.
4. Compliance
Teamed will ensure that all wages and salaries are processed according to local laws, that all required tax payments are withheld, and that compulsory deductions are made in accordance with the law. Teamed will also provide draft employment contracts for you, ensuring that hiring is fully compliant.
Pros and Cons
To decide whether Teamed is the right Employer of Record for your company, you need to consider how their services line up with other providers.
Pros
Benefits of choosing Teamed as your EOR include:
- Hire anywhere internationally with Teamed’s full international coverage.
- Customized solutions as Teamed tailors its services to your specific needs (such as altering employment contracts, or offering employee stock options).
- Superb customer service with glowing customer reviews putting them among the best in the industry.
- Unbeatable pricing at £199 per employee per month, making them one of the best value providers on the market.
Cons
Teamed does not currently offer a payroll-only option for companies that already have a subsidiary overseas, but would like a hiring partner to take care of payroll, employment taxes and HR.
Unique Selling Point
Teamed is not the largest or the oldest EOR on the market, but it may just be the most customer-focused. Customer reviews have consistently shown that Teamed is responsive to any problems as they arise and is happy to tailor its services to meet client needs.
For this reason, Teamed was judged top EOR for customer support.
RemotePad Score for Teamed
9/10 Our expert score for Teamed
Our team came to this score by considering the following components in the following weightings:
| Employer of Record features | 25% |
| Payroll features | 10% |
| HR features | 10% |
| Contractor features | 10% |
| Compliance features | 10% |
| Pricing | 20% |
| User reviews | 15% |
For each component, Teamed received the following score:
| Employer of Record features | 20/25 |
| Payroll features | 8/10 |
| HR features | 9/10 |
| Contractor features | 9/10 |
| Compliance features | 9/10 |
| Pricing | 20/20 |
| User reviews | 15/15 |
Top competitors
Horizons vs Teamed
Top provider for:
Global EOR
Read Horizons Review
Monthly fee per employee
From $299
Remote vs Teamed
Top provider for:
Direct EOR solutions
Read Remote Review
Monthly fee per employee
From $599
Deel vs Teamed
Top provider for:
Compliance
Read Deel Review
Monthly fee per employee
From $599
Teamed EOR — Our Take
Teamed is a relative newcomer to the EOR marketplace, bringing an emphasis on the customer and affordable pricing to the marketplace. For any business in need of a respected global EOR solution that won’t break the bank, Teamed is the ideal choice.
