Spending too much on recruitment, payroll or global HR?
We help you find the Best Providers at the lowest cost.
Our verdict
Teamed provide international Employer of Record services, allowing global companies to hire and onboard employees in virtually any location. They are customer-focused, not relying on the one-size-fits-all packages of some other providers.
Pros
- Broad coverage — 150+ locations
- Customer-focus
Cons
- Fewer integrations and add-ons than some other larger providers
Visit Teamed
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+, including crypto
€299+
Credit or debit card, direct debit.
Are you looking for a market-leading global Employer of Record solution to help you hire employees anywhere in the world? Check out my in-depth 2024 review of Teamed, and find out why they are one of the best international hiring partners out there.
Overview
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
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 as well as crypto.
Teamed even has a payroll-only option for companies that already have a subsidiary in place.
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 €45 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.
5. Platform
Teamed offer an automated payroll and EOR platform providing clients with:
- Easy access to labor contracts and employee details from the dashboard
- A user-friendly interface
- A quick overview of onboarding status
-
One page for tracking documents, employees, and their payments.
Pricing
| EOR | Pricing differs by region, but starts at €299 per employee, per month. |
| Contractors | €45 per month per contractor |
Teamed Pros and Cons
| Pros | Cons | ||
|---|---|---|---|
| Hire anywhere internationally with Teamed’s full international coverage | No payroll-only option for companies that already have an entity on the location of hire | ||
| Superb customer service with glowing customer reviews putting them among the best in the industry | Lacks some integrations, compared to other providers |
|
|
| Customized solutions — as Teamed tailors its services to your specific needs (such as altering employment contracts, or offering employee stock options) |
|
||
| Affordable pricing — starting at €299 per employee per month, making them one of the best value providers on the market. |
|
||
| Pricing transparency — Updated pricing for all services is publicly available on the website. |
Video — A Teamed Case Study in Financial Services Expansion
User and Employee Reviews
We looked at user and employee reviews and scores on Featured Customers and G2. The average scores (as of the time of writing) were:
- Featured Customers = 4.8/5 (187 reviews)
- G2 = 4.7/5 (16 reviews)
The reviews reveal a deep commitment to customer and employee care and a tech-first approach to its business.
Unique Selling Point
Teamed is not the largest or the oldest EOR on the market, but it may just be the most customer-focused EOR. 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.
RemotePad Score for Teamed
8.5/10 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% |
| Compliance features | 10% |
| Platform features | 10% |
| Pricing | 20% |
| User reviews | 15% |
For each component, Teamed received the following score:
| Employer of Record features | 22/25 |
| Payroll features | 6/10 |
| HR features | 9/10 |
| Compliance features | 9/10 |
| Platform features | 9/10 |
| Pricing | 18/20 |
| User reviews | 12/15 |
Teamed HR Competitors and Alternatives
Horizons vs Teamed
Top provider for:
Global EOR
Monthly fee per employee
From $299+
Remote vs Teamed
Top provider for:
Direct EOR solutions
Monthly fee per employee
From $599+
Deel vs Teamed
Top provider for:
Compliance
Monthly fee per employee
From $599+
Our verdict
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.
FAQ
Yes. Teamed stands apart from many other EOR companies in offering a payroll-only option for companies that already have a local entity in place.
An EOR company, or Employer of Record company, is a global HR provider that hire employees internationally, without the need for an entity in the country of hire.
