Multiplier Review: The Global EOR Solution for International Teams

Multiplier

$

400

• Try Multiplier
• How we test →

Multiplier is a comprehensive solution for global employment that operates in 150+ countries. It facilitates hiring, onboarding, payroll, benefits, and time management of EOR and contractors. Partnering with Multiplier, you can hire full-time employees at $400/employee and $40/freelancer.

While considering Multiplier, you might ask, is it free from limitations? Will it be able to cater to the specific needs of my organization? In this Multiplier review, I will answer these questions while discussing its major features and functionalities.

Features

• EOR service in 150+ countries.
• Global payroll supporting 100+ countries.
• Pay using 120+ currencies and cryptocurrencies.
• Immigration and visa support for employee relocation.
• Local payroll and compliance experts.

Pros

• 24/5 technical support by human.
• 100% GDPR compliant platform.
• AWS services and encryption for robust data security.

Cons

• Does not offer phone support.
• Accepts payments only in 5 currencies.
• Limited integration support.

What Is Multiplier?

Multiplier is a global employment platform that helps you hire and manage international teams. It was founded in 2020 and has a team of 500 employees spanning 30 countries. It facilitates global hiring by being Employer of Record (EOR), managing payroll, and compliantly handling remote teams. While it serves a wide range of industries, such as technology and IT, startups, eCommerce and retail, professional services, and healthcare, particularly benefit from using Multiplier.

How Does Multiplier Work?

Multiplier simplifies global employment by acting as an Employer of Record (EOR), allowing you to hire from an international talent pool without establishing legal entities abroad. Opening a subsidiary in a foreign country is a complex and costly process that involves navigating intricate local labor laws, registering businesses, and maintaining ongoing compliance. It also requires adhering to tax regulations, labor law compliance, and accounting standards, which vary significantly across jurisdictions. 

Multiplier streamlines every stage of international hiring by handling onboarding, payroll setup, and legal compliance. For onboarding, it collects necessary employee information and generates locally compliant employment contracts. Multiplier efficiently sets up international payroll and makes timely payments in local currencies with currency conversions after calculating tax withholdings, benefits, and local statutory contributions.

Multiplier has a team of experts who help you comply with labor laws and regulations about employment contracts, tax filings, and benefits administration, mitigating risks for penalties due to non-compliance. Its seamless integration with popular HR and payroll software automates workflows and reduces chances of errors. Overall, it’s multi-country support enables you to expand your global workforce using a single platform, eliminating the need to manage multiple vendors or navigate disparate systems. 

3 Multiplier Product Offering

Multiplier is a global employment platform that offers three primary products.

1. Employer of Record

Multiplier’s global EOR enables you to hire people from 150+ countries, ensuring your compliance with the local laws while doing so. It quickly performs employee onboarding by creating locally compliant contracts in 5 minutes. It saves you between 70-90% of the cost of hiring a traditional EOR.

You can pay your international teams using the Multiplier payroll, which supports payment in local currencies, and several payment methods such as bank transfer and cryptocurrency. Multiplier’s network of local benefits partners ensures your employees get the best health and dental care they deserve.

When it comes to managing the international team, you can track time-offs, manage timesheets, and pay incentives in just a few clicks. Multiplier also generates insightful reports on headcount, time-off utilization, expenses, and timesheets. 

2. Global Payroll

Multiplier payroll manages international payments and payroll in 100+ countries. This fully managed payroll calculates multi-country tax, benefits, and compensation to keep you compliant with local laws and regulations. Regardless of your team size, you can use it to pay them accurately and on time. 

Its preview feature makes the payroll process transparent and offers complete, real-time visibility. At the same time, you can distribute payslips, adjust payrolls for time-offs and expenses, track and approve team expenses, and generate payroll reports using this software.

3. Contractors

Multiplier offers a smart and effortless contractor management system that lets you manage your global workforce and pay them in 120+ currencies. Onboarding takes only minutes and subsequently, you can manage their invoices, expenses, and timesheets from the same dashboard. Paying multiple invoices at once and quick expense reimbursement to the independent contractors are also available on this platform.

If you find remote team management difficult, you can leverage the immigration service offered by Multiplier. Its mobility specialists handle the immigration process of your employees and make it speedy. It even keeps you updated on the visa status and upcoming steps of the process.

6 Multiplier Features

Multiplier provides a comprehensive suite of tools for global employment. Let’s check out the top Multiplier features that are designed to empower businesses to expand globally with ease.

1. Global EOR Services

Multiplier’s EOR service lets you hire employees from 150+ countries. It not only saves you from the hassle of setting up legal entities but also reduces your cost of employee ownership by 35%. Multiplier EOR is fully compliant with local labor laws, thanks to its team of experts. 

While hiring, it saves your time by quickly generating locally compliant contracts and completing the onboarding process in minutes. Its employee cost calculator gives you an estimation of the country-specific costs of hiring an employee so that you can make the right decision according to your company budget.

You can access its 24/7 human-first support by dedicated managers. It’s transparent pricing saves you from any hidden charges or fees. You don’t have to worry about paying the international talents hired using this service as it lets you pay them in 100+ currencies.

SOCRadar used Multiplier for global expansion without any legal or administrative complexities. This US-based cybersecurity company hired full-time employees or contractors from 16 countries without setting up infrastructure that supports direct employment. It also offered pre-onboarding support and automated workflows, enabling SOCRadar to easily manage payroll, benefits, and contracts with reduced administrative burden. 

2. Multi-Country and Multi-Currency Payroll

Multiplier offers global payroll so you can pay your team across different countries without switching platforms. With precise calculation, it offers 99.95% accuracy in payroll processing. The payroll system is efficient and easy to use as it automates the process into a single workflow. It also saves you from the stress of managing local payroll and time-consuming admin work.  

Multiplier empowers you by managing payroll in 100+ countries with payment options available in 120+ currencies and cryptocurrencies. With the wide range of options, you can attract top talents and manage them seamlessly. 

Multiplier provides real-time visibility into the entire payroll so that you can know at a glance which of your employees is getting paid and when. It also provides a preview of upcoming payroll that you can check before running it accurately and transparently.

As a delivery management company, FarEye had employees in 5 different countries. However, it faced several challenges such as delayed salary payments and non-compliance, leading to employee dissatisfaction and operational inefficiency. Multiplier resolved these issues with timely and accurate payouts to overseas employees. It also automated compliance by managing local regulations and statutory contributions.

3. Compliance Automation

Whether it is international employee onboarding, global payroll, benefits, or tax compliance, Multiplier has you covered by its compliance automation. It navigates through the complex and evolving scenario of local laws and regulations, so you don’t have to go through the hectic process. I like how it suggests whether you should hire someone as a full-time employee or contractor based on your needs. It saves you from employee misclassification risks.

While generating contracts for your global employees and contractors, it takes care of salary breakdowns, working hours, appropriate benefits, statutory leave, and termination laws to make the contracts 100% compliant. It also pays the right taxes, social contributions, and other government fees to ensure compliant payroll.

With its compliant business practices, Multiplier saves you from the risks and penalties involved in non-compliant hiring. As you establish your company as a compliant employer, your reputation as a reliable organization strengthens.

New York-based technology firm Axero Solutions was facing global compliance challenges as it had to manage teams from several countries, such as India, the Philippines, and Spain. Being compliant with local employment laws, regulations, contracts, company taxes, employee taxes, and social security withholding across multiple countries is time-consuming, expensive, and labor-intensive. 

Multiplier helped Axero to cross the hurdles by becoming the EOR and hiring employees on behalf of Axero. Besides reducing cross-border employment-related compliance risks, Multiplier has saved $1 million annually.

4. Employee Onboarding Tools

Multiplier has efficient tools that help you onboard remote and international employees. Organizations can get started with its user-friendly interface without any learning curve. It only takes a few minutes to generate regionally compliant contracts for employees living in any country. 

Multiplier lets you track employee onboarding milestones from the dashboard so that you know where they stand in the process. You can also provide onboarding essentials like laptops to your employees in just a few clicks from the same platform. These save you days of time and labor, freeing up your admin team for more strategic tasks.

Fintech company Aspire was planning to increase their team size. However, the high cost of hiring tech professionals made things difficult for them. Multiplier assisted them onboard 80 employees from India with a smooth process.

5. HR Integrations

If you are already using HR software and want to use Multiplier to hire an international team, utilize the HR integration support offered by Multiplier. It supports popular HR software such as HiBob, TriNet, BambooHR, TriNet, and Personio. Once integrated, you can seamlessly transfer employee data from Multiplier to the integrated HR software and manage them. While it supports limited integration, more applications will be added to the list soon.

6. HR, Time Tracking & Reporting

Multiplier functions as an extension to your HR team with its time tracking and expense management features. It has an employee directory and an org chart so you can easily understand the organizational hierarchy and contact an employee whenever needed.

It lets you manage and approve time off requests of the employees to stay compliant with local regulations. Its timesheet feature enables you to send them accurate invoices and pay them on time. You can generate various reports on headcounts and timesheets using filters, as seen below.

Multiplier enables you to approve bulk employee expenses, make multiple payments at a go, and assign specific managers for expense approval. Moreover, it compares insurance plans to find the most suitable ones for your employees, allowing you to offer them competitive benefits as per their local regulations. You can even use this platform to grant Employee Stock Option Plans to your employees. 

4 Multiplier Use Cases

Multiplier’s adaptable platform caters to a wide spectrum of business needs. The following use cases highlight its core capabilities.

1. Expanding to New Markets

Multiplier facilitates cost-effective and hassle-free global expansion with its Employer of Record service. If you want to expand globally and hire talents from different countries, you have to go through this costly and lengthy process of setting up legal entities in those countries. 

Multiplier saves you from these difficulties and enables you to quickly and compliantly hire talent in new markets. As it helps you bypass the need to navigate complex local regulations and intricacies of local employment contracts, payroll, and benefits, you can focus on strategic growth and market penetration. 

2. Managing Remote Teams

If you have a distributed team operating remotely, you know how difficult it is to manage onboarding, payroll, and HR management of that team. Multiplier makes things easy with its centralized solution that lets you carry out various tasks from one place. It only takes a few minutes to create regionally compliant contracts for risk-free onboarding of a global team. 

You can manage your team’s payroll in 120+ currencies with global benefits, time-offs, expenses, and taxes. Multiplier lets you handle employee operations with its self-service platform. Handling employee expenses through approval is another robust capability of this platform.

3. Freelancer and Contractor Hiring

Multiplier simplifies the administrative and legal complexities of hiring contractors and freelancers across the borders. Multiplier’s hiring assessment tools guide you in choosing whether to hire someone as an employee or a contractor. You can use Multiplier to pay your contractors in 120+ currencies while managing timesheets, invoices, and expenses.

Multiplier also enables you to reimburse expenses to the freelancers and contractors, pay multiple invoices, and pay them with cryptocurrency. It lets you get rid of lengthy admin work and generate contracts instantly.

4. Ensuring Legal Compliance

Multiplier helps you navigate the complex and ever-changing landscape of international labor laws. As different countries have different regulations regarding employment, payroll, taxes, benefits, and termination, it is not easy to have necessary knowledge about the laws of the countries from which your employees belong. Multiplier makes sure you comply with all the related national and international regulations while having an international team.

Being the Employer of Record, it takes the responsibility for adhering to local labor laws, mitigating the risk of legal penalties and disputes. It also manages tax withholdings, social security contributions, and other statutory obligations. It has a team of local legal experts who help you whenever needed without any third-party delays. 

Multiplier Pricing

Multiplier comes with flat and transparent subscription plans, all of which are available in country-specific pricing. It does not have any additional or hidden charges for onboarding and offboarding. You also get a detailed invoice with a breakdown of country-specific employee costs.

Plans	Pricing (month)	Features
Employer of Record	$400	Instant employment contracts, employee payslips, ESOPs, benefits, and insurance
Contractor Management	$40	Instant contracts and agreements, worker classification, crypto payments
Global Payroll	Custom	Global payroll, payroll reports, expense management
Immigration	Custom	Visa support in 140+ countries, visa management, 24/5 local immigration experts

Multiplier Support

Multiplier customers get 24/7 customer service via email and live chat from the software interface and website. It also boasts a comprehensive knowledge base that helps you with how-to guides and FAQs. Companies are assigned with a dedicated customer manager who is here to help them during any technical difficulty.

Multiplier Alternatives

If you want to know what other options you have if you don’t want to use Multiplier, check out this table that compares Multiplier with its alternatives such as Papaya Global, Deel, and Rippling.

Who Should Use Multiplier?

As a global employment platform, Multiplier primarily serves companies involved in international workforce management.

• Expand Internationally without Setting up Local Entities: The biggest challenge for any company aiming for rapid global expansion is establishing legal entities in each country. Multiplier saves them from this time-consuming and expensive process and streamlines it with Employer of Record (EOR) services. Startups and SMEs looking to access global talent pools quickly and efficiently should use Multiplier.
• Manage Global Teams: If you want to manage a global team, Multiplier helps you tackle unique challenges of managing HR, payroll, and compliance. Its centralized platform simplifies these processes so you can manage them from one place even if your employees are in different locations.
• Handle Cross-border Payroll and Benefits: Companies that need to manage international payroll, adhere to diverse tax regulations and follow locally standard benefit structures will find Multiplier to be highly beneficial.

Who Shouldn’t Use Multiplier?

Multiplier might not be the best fit for the following organizations:

• Companies with no international hiring needs and focused solely on local hiring: If your business has no plans for international expansion and only hires locally, using Multiplier would be unnecessary.

Multiplier Verdict

Multiplier is the ideal choice for companies looking to expand their businesses worldwide at a low cost and with less effort. Its focus on local compliance makes it a suitable option for companies that want to avoid risks associated with compliance. In my opinion, visa and immigration support will add an advantage to any business that is planning to relocate its remote employees.

Multiplier receives the Geekflare Innovation Award for its satisfactory products for EOR service.