Spending too much on recruitment, payroll or global HR?
Our verdict
Velocity Global hires employees on behalf or client companies in 185+ countries and territories, including coverage in every US state. It is a premium EOR provider, well-suited to large enterprises in need of superior client service.
Pros
- Coverage in 185+ global locations, including US-wide
- Reputation for white glove client support
Cons
- Does not disclose its pricing online
Visit Velocity Global
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.
100+
N/A
ACH and SWIFT/Wire Transfer
Overview
Pebl (formerly known as Velocity Global) delivers a payroll, employment management, and employer of record (EOR) service as a software as a solution (SaaS) provider.
Velocity Global is a well-established service provider in the EOR space, having been founded in 2014 in Denver, Colorado. Velocity Global operates in 185+ locations, both by owning a large number of subsidiaries as well as by partnering with numerous companies in other countries.
Velocity Global provides EOR and contractor management services worldwide. It also helps businesses that want to expand their markets register entities around the globe. The Velocity Global platform is simple to use, comprehensive, and extensive in its integration with other human resources (HR) applications. Rather than posting its prices online, Velocity Global offers quotes for tailored services. These services are priced out based on your employees’ salaries and the additional services you need rather than flat rates per employee.
Key Features
Velocity Global is one of the most established players in the EOR industry. The key features of this online platform-based EOR include:
1. EOR
Velocity Global acts an EOR in over 185 countries. It’s able to help companies that don’t have entities abroad hire in multiple countries even without registering in them. As mentioned, Velocity Global owns dozens of subsidiary companies internationally and works with third-party partners in many others to create an extensive global network. These businesses can hire employees on your behalf, becoming their sole legal employers and taking on legal responsibilities for them. Velocity Global also lets you outsource most of the HR functions related to your international team. While you manage each team member’s daily schedule and tasks, they handle thei payroll, contract management, leave schedules and benefits. In case you need to terminate employees, Velocity Global handles the legal side of terminating contracts as well as providing notice periods and severance pay if and when required.
Aside from the full-time employees you want to hire in other countries with the help of this EOR, Velocity Global also helps you manage independent contractors. The manage the contracts you have with them and can include contractor payments on your regular invoices. This provideralso monitors your relationships with contractors closely to ensure that you don’t misclassify employees as contractors and, therefore, risk big fines or damage to your company’s reputation.
VG also manages constant compliance for all of your full-time employees. It works with local labor law experts to ensure that the contractual terms you agree on are fully legal. Because it also handles payroll, VG can monitor the hours your employees work and indicate when there could be a compliance issue. It calculates and makes payments to the local tax and social security bodies in each country where your employees work and that, too, ensures that these payments are on time and correctly computed.
Unlike many other EORs, Velocity Global offers international recruitment services as part of its EOR program. You can let it know how many employees you need to find, the descriptions of the jobs you need to fill, and the skills and certifications you require. VG will put forward candidates for your positions from its talent banks around the world. The platform will also estimate the costs of hiring these employees based on your selected salary, other benefits and contributions, and VG’s fees. If you accept, it will generate contracts and sign them with the employees. It will then collect their information and documents for all compliance needs and keep you appraised of the onboarding process. You can also choose to offer additional benefits packages, such as international pension plans and equity incentive plans that VG will also manage on your behalf.
This platform offers around-the-clock support since it works all over the world. You can contact VG by live chat, email, or phone for your issues to be addressed.
2. Payroll
You can hire Velocity Global to perform multi-country payroll for you if you already own your own entities. If not, you get this service as part of VG’s overall EOR service. This platform can integrate with many popular human resources information systems (HRISs) to make the transfer of worked hours data seamless. This data is then used to calculate your employees’ gross salaries. Bonuses and other additions are taken into account as are mandatory benefits deductions and the withholding of personal income tax to arrive at your employees’ net salaries. VG disperses these to the employees and pays taxes and social security contributions as mandated by law. It provides you with payroll records and gives employees detailed payslips for their records.
In almost all countries, it’s mandatory for employee wages to be paid in the local currency. For that reason, Velocity Global pays your employees in over 100 currencies worldwide. You can consolidate all of your employee and contractor payments into a single invoice and pay through wire transfers, automated clearing house (ACH) payments, or by credit card for each pay period.
3. Platform
Like most EORs today, Velocity Global bases its services on a SaaS (software as a service) online platform. Through the system, employees can keep track of their pay, payslips, and benefits, such as leave. When companies open their accounts, they can see their employee data, including who’s already working and who’s being onboarded. They can view their contracts with independent contractors and examine the payments they need to make to them and for their employee payroll.
Integration is a key factor for the VG platform. It has a customizable API that allows integration with most HR software packages and already features built-in integration with some popular applications, such as BambooHR and Greenhouse applicant tracking software.
Velocity Global is committed to data protection, as shown by its certifications. Its platform is ISO 27001 and SOC2 certified for data security and privacy. It’s also compliant with the GDPR in the EU and Canada’s PIPEDA information protection regulation.
4. Compliance
Not only does the platform itself comply with international data protection standards, Velocity Global also manages constant compliance with the tax and employment laws in all of the countries in which it works. Through its subsidiaries and partners, VG works with legal experts to ensure that local laws are reflected in the contracts it generates for its clients. It also constantly monitors for new legislation and adapts accordingly so that your workers are always treated equitably in the eyes of the law.
5. HR
Many other EORs don’t offer recruitment services, but this is where Velocity Global’s services begin. It can help you find employees across the globe through its talent pools and recruit them quickly. It creates contracts for your employees and hires them when you agree. Onboarding can be performed quickly, often within 48 hours, if an employee’s documents are in order. VG then manages payroll, benefits administration, and leave management for your employees over the long term.
Velocity Global Customer Reviews
We looked at Multiplier reviews and scores on G2 and TrustPilot. The average scores (as of the time of writing) were:
- G2 = 4.6/5 (465 reviews)
- Trustpilot = 2.9/5 (3 reviews).
Pricing
Velocity Global pricing is based on a percentage of total employee cost, but it is currently not published on the Velocity Global website. To obtain a quote based on your business needs, contact Velocity Global for a consultation.
Pros and Cons
Velocity Global is a long-established EOR that operates differently from many startups in the industry. Its specific pros and cons include:
Velocity Global Pros and Cons
| Pros | Cons |
|---|---|
| Strong security: VG is SOC2 and ISO 27001 certified and compliant with GDR and PIPEDA to ensure the safety and privacy of client data. | Lack of transparency in fees: While most EORs clearly state their starting rates for contractor management and EOR services, Velocity Global’s fees are by quote only based on each client’s needs. These fees are based on a percentage of the employee’s salary, not a fixed fee for each employee. |
| Extensive add-ons: Velocity Global offers services tailored to each client. Aside from EOR and contractor management, you can add on pension management and employee stock ownership plans, among other services. | Third-party partners: Rather than owning all of its own entities around the globe, VG partners with some third-party companies in various countries. This can add confusion and lead to communication challenges in some countries. |
| Robust integration: Unlike many EORs, Velocity Global’s platform can be integrated with most HR software like HRISs and applicant tracking systems to allow easy flow of data. |
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| Recruiting services: VG offers recruitment as one of its many services to help clients find employees around the world. |
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Video — Meet the Velocity Global Platform
Unique Selling Point
Velocity Global stands out from the crowd by offering EOR services in over 185 countries as well as a full PEO service across the United States. This combined with their state-of-the-art platform and white glove service makes them the ideal provider for large enterprises.
RemotePad Score for Velocity Global
7.5/10 Our expert score for Velocity Global
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, Velocity Global received the following score:
| Employer of Record features | 20/25 |
| Payroll features | 7/10 |
| HR features | 7/10 |
| Compliance features | 7/10 |
| Platform features | 9/10 |
| Pricing | 12/20 |
| User reviews | 13/15 |
Oyster HR Competitors and Velocity Global
Remote People vs Velocity Global
Top provider for:
Global Hiring
Monthly fee per employee
From $199+
Remote vs Velocity Global
Top provider for:
Direct EOR solutions
Monthly fee per employee
From $599+
Overall Assessment: Velocity Global
Velocity Global is not upfront about its prices, which suggests they are higher than average. However, this company offers personalized services tailored to each client’s needs, which makes it a good choice for larger enterprises managing large international teams or expanding into other countries.
FAQ
Yes, there’s an app now available for Android and iOS that both employees and employers can use.
Yes, it dips into its talent pools and lets you choose from appropriate candidates in multiple countries to fill your vacancies.
