Remote, the leading global HR platform and payroll provider, has launched Remote Global Benefits, a groundbreaking solution for managing multi-country health insurance plans. Powered by Kota’s infrastructure and insurer network, this integration allows businesses to seamlessly handle employee benefits and payroll across borders. The launch simplifies a traditionally complex process, enabling companies to provide competitive benefits while ensuring compliance with local regulations.
1. Simplifying Multi-Country Benefits Management
- The Challenge:
- Managing global employee benefits is often fragmented and broker-led.
- HR leaders must navigate varying regulations, reconcile benefits with payroll, and ensure compliance.
- The Solution:
- Remote Global Benefits streamlines the process, integrating benefit selection, enrollment, and administration into the payroll workflow.
- The platform automates tax reconciliation, payroll deductions, and other administrative tasks, eliminating broker fees and saving time.
2. Key Features of Remote Global Benefits
- Plan Selection:
- Browse and select plans from local providers in multiple countries.
- Employee Enrollment:
- Instantly enroll team members with just a few clicks.
- Integration:
- Fully integrated with payroll to synchronize benefits administration and deductions.
- Automation:
- Automates manual tasks, ensuring compliance and accuracy.
3. Benefits for Employers and Employees
- For Employers:
- Save time and costs associated with benefits management.
- Attract and retain top talent with globally competitive benefits.
- Scale efficiently into new markets with confidence in compliance.
- For Employees:
- Access high-quality, localized health insurance plans.
- Enjoy a seamless benefits experience aligned with payroll.
4. The Importance of Competitive Benefits
- According to Remote’s Global Benefits Report:
- 60% of employees consider benefits a deciding factor when choosing jobs.
- 80% of companies see improved retention with enhanced benefits packages.
5. A Partnership to Revolutionize Benefits Management
- Kota’s Role:
- Digital-first approach to simplify multi-country benefits management.
- Luke Mackey, CEO of Kota: “We aim to empower businesses to offer world-class benefits with ease.”
- Remote’s Vision:
- Integrated benefits and payroll for a seamless HR experience.
- Iarla O’Carroll, COO of Remote: “This partnership supports businesses in delivering exceptional employee experiences globally.”
The launch of Remote Global Benefits represents a major milestone in simplifying global workforce management. By integrating benefits into payroll, Remote empowers companies to deliver localized, competitive benefits efficiently, ensuring compliance and enhancing employee satisfaction. As companies expand into new markets, this innovative solution positions Remote as a vital partner in supporting global talent strategies.