Skuad Company at a Glance
Skuad is a platform for hiring and managing global talent in over 160 countries. It provides a dashboard for streamlining various processes, including employee onboarding, payment processing in 100+ currencies, compliance management, and more. The company also offers round-the-clock support on business days.
Skuad was founded in 2019 by Sundeep Sahi, in Singapore, to help businesses build distributed teams. It has reported raising $19 million in 2022 thanks to venture funding. In August 2024, the fintech Payoneer announced the acquisition of Skuad to enhance its international payroll and contract management offerings.In this Skuad review, we’ll cover the provider’s services and explore its user experience to get a well-rounded platform evaluation.
Skuad Company Mission
The company’s mission is to democratize global talent and opportunities, aiming to create one million opportunities worldwide by 2027. Skuad envisions a world where companies can seamlessly access the best talent, regardless of geographical boundaries, and where individuals can pursue their passions without relocating.
Skuad’s Key Offerings
This section examines how the platform’s services enhance business operations based on case studies.
Core Features of Skuad
Global Hiring Support
Payroll Processing
Full-Cycle Employee Management
Employee Onboarding
Compliance Management
Candidate Screening and Background Verification
Skuad HR Teams
Skuad handles onboarding, payroll, and international relocations allowing HR teams to focus on key goals without the hassle of navigating foreign systems. The platform provides access to a global talent pool for easy, compliant hiring, employee benefits, and more.
Example:
- For Ninja Van, Skuad helped scale a team of full-time employees and manage their payroll, improving the company’s time to market and onboarding 42 new hires.
Finance Teams
Skuad enables payment management in over 100 currencies, ensuring timely and accurate compensation for international teams. The platform eliminates the necessity for multiple banking partners and reduces currency conversion costs through optimized exchange rates. It guarantees adherence to local tax laws, robust data privacy, and security.
Example:
- Skuad handles localized payroll for OpenSolar’s 40 team members distributed across three countries.
Legal Teams
TSkuad helps legal teams navigate the evolving local employment laws, ensuring organizational compliance and reducing the risk of misclassification fines. It also prioritizes data privacy and security, aligning with global data protection regulations to safeguard sensitive information.
Example:
- Skuad helps Cactus take care of work permits and all the necessary paperwork for employees in Spain and the UAE.
Skuad Review Based on 4Ps Evaluation
We have established our assessment approach to deliver a comprehensive review of the platform. It includes four key elements of a provider: performance, presence, pricing, and platform experience.
Skuad Performance
_ Evaluation label: Swiss Army Knife _
Skuad employment services enable businesses to hire, onboard, and manage employees and contractors without establishing local entities. The platform also provides tools for background verification, visa and immigration support, and integration with various HR and finance systems.
Skuad Performance
Top Differentiators
- Wide range of functionalities.
- Streamlined onboarding workflows.
Skuad User Considerations
- Users have reported inconsistencies in mobile and desktop designs.
Skuad Presence
_ Evaluation label: 100% Anywherer _
Skuad global hiring capabilities ensure that businesses can expand their global footprint seamlessly. The platform’s extensive presence allows for efficient navigation of diverse regulatory landscapes, ensuring compliance with local laws and regulations.
Skuad Presence
Top Differentiators
- Provides coverage in 160+ countries.
- Ensures localized onboarding.
Skuad User Considerations
- Some users had trouble understanding which countries Skuad covers from the publicly available information.
Skuad Pricing
_ Evaluation label: Transparent _
Skuad’s pricing is straightforward, with no hidden fees, upfront costs, or long-term commitments. The platform fee encompasses all necessary features for seamless hiring, onboarding, and payroll management of your global team.
- Contractors management starting at $19/month : manage payments and invoices for independent contractors worldwide.
- Full-time employee management starting at $199/month : onboard, manage, and pay full-time employees in over 160 countries, ensuring compliance with local regulations.
- Enterprise solutions with custom pricing : tailored for larger organizations with specific requirements. Contact Skuad’s experts for a personalized quote.
Skuad Pricing
Top Differentiators
- Offers a straightforward pricing model.
- Ensures that companies can manage their global workforce without unexpected expenses.
Skuad User Considerations
- Some users experienced issues with invoices receiving bills with errors.
Skuad Platform Experience
_ Evaluation label: Intuitive _
The Skuad Employer of Record platform is designed with user experience in mind, featuring an intuitive interface that simplifies global HR processes. Users benefit from automated onboarding workflows, self-service portals for employees, and real-time notifications, all of which contribute to a streamlined operational experience.
Skuad Platform Experience
Top Differentiators
- A simple and intuitive solution where employees can report time off, vacations, and sick leave.
Skuad User Considerations
- Some users report a lack of detailed information about benefits and social security expenses.
Skuad stands out as a reliable partner for businesses seeking to expand their global operations. Its extensive geographical coverage, user-friendly platform, and transparent pricing make it a valuable asset for managing a distributed workforce. While there is room for enhancement in areas like advanced customization and reporting features, the platform’s overall capabilities effectively support global employment needs.
Skuad Positive Feedback
Helpful support
“I truly appreciate the hands-on support I receive whenever I encounter issues or need a deeper understanding of the platform. The ability to book a call through Calendly is a fantastic feature, especially for addressing sensitive and urgent matters related to my account.”
A Skuad user in Management Consulting
Intuitive centralized management
“The platform of Skuad is pretty useful to keep a track of all the necessary documentation, update details and find everything in one place.”
Harsh V., Technical Implementations Analyst
Skuad Considerations Reported by Users
Slow payment processing
“The payment processing time after invoice approval could be improved to provide a smoother and more efficient experience. Currently, it takes about two weeks for the payment to reach my bank account after approval, which could be faster.”
A Skuad user in Management Consulting
Skuad Features Overview
Skuad Employee Management Dashboard
Skuad provides an intuitive dashboard that centralizes global team management. This unified interface helps oversee various aspects such as onboarding processes, payroll management, employee information, and more. The dashboard is designed to offer real-time insights and analytics, enabling efficient monitoring and management of your international workforce.
Skuad Employee Onboarding
Skuad simplifies the onboarding of remote hires through a structured process that includes information submission, offer letter generation, agreement execution, and so on. Once the agreement is signed, the new hire is officially onboarded onto the platform. This process ensures compliance with local laws and provides a seamless experience for integrating new employees into your organization.
Skuad Payroll Management
Skuad automates global payroll, allowing for multi-currency payments and consolidated invoicing. This system streamlines financial operations and ensures your global payroll processes are efficient, helping you adhere to local tax laws and regulations and reducing the administrative burden on your finance team.
How Does Skuad Work?
Here’s a simple guide on how to get started with the platform, explained in easy-to-understand steps.
Skuad Setup Process
How it looks for an employer
- Add company details to set up a profile.
- Add employees or contractors and send onboarding requests.
- Provide compensation details, including any bonuses or allowances.
- Step 4. Complete contract details to initiate onboarding.
- Use the dashboard to centrally handle all processes related to hiring, managing, and paying employees.
How it looks for an employee
- Sign up on the platform through a welcome email.
- Enter your basic details and verify documents.
- Complete onboarding and add payment details.
- Log time and submit leave requests.
- Track public holidays using the built-in calendar.
Final Thoughts on Skuad EOR
The Skuad Employer of Record emerges as a solid choice for companies looking to expand their workforce globally without the complexities of setting up local entities. Its broad geographical coverage, compliance expertise, and intuitive platform make it a convenient solution for HR, finance, and legal teams managing international hires.
FAQs About Skuad EOR
What does Skuad do?
Skuad offers comprehensive solutions for managing global employment, such as managing the hiring, onboarding, and payment processes.
Can Skuad handle both full-time employees and contractors?
Yes, Skuad manages full-time employees and contractors across over 160 countries, ensuring compliance with local labor laws for each employment type.
How does Skuad onboard new employees or contractors in different countries?
Skuad facilitates quick onboarding by managing contracts, documentation, and payroll setup, ensuring compliance with local regulations.
How does Skuad streamline payroll management for global teams?
Skuad handles multi-currency payroll, taxes, and benefits, simplifying the complexities of global payroll management.
Skuad’s Alternatives
Use this Skuad review to help you reach a well-informed decision.
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