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Rise Expands Employer of Record Services, Enabling Global Hiring with Compliance

HR Tech

Business Honor
05 April, 2025

Rise’s Employer of Record services streamline global hiring, offering payroll flexibility with cryptocurrency options.

The Employer of Record (EOR) services offered by Rise, the industry-leading Web3-enabled payroll and compliance platform, have expanded, allowing companies to easily hire full-time workers internationally without establishing local entities. For businesses looking effective and legal ways to manage teams spread across borders in an increasingly borderless workforce, this is a major turning point.

By enabling Rise to serve as the legitimate employer for employees in other countries, the Employer of Record approach streamlines international hiring. Businesses may hire people without having to deal with complicated labor rules or establish expensive local subsidiaries by using Rise-owned organizations in the US, UK, and Canada, which will shortly expand to over 60 countries by the end of 2025. This solution ensures that employees comply with local regulations while providing competitive employee benefits and payroll flexibility.

According to Hugo Finkelstein, co-founder and CEO of Rise, administrative obstacles and legal complications have historically made international hiring difficult for companies. Rise's EOR services handle important compliance challenges that come up when recruiting people from other countries, going beyond typical payroll systems. By programing processes like employment contract creation, Know Your Customer (KYC) checks and Anti-Money Laundering (AML) compliance, the program guarantees that workers are onboarded efficiently and in accordance with regional labor laws. Additionally, Rise's dedicated compliance team manages tax returns and labor law compliance for its clients, reducing the likelihood of employee misclassification or regulatory violations.

The hybrid payroll model of Rise's EOR solution is one of its best qualities. Rise provides payments in fiat and cryptocurrencies, including stablecoins like USDC, in contrast to typical payroll providers who only accept fiat money. Employees have the opportunity to withdraw their earnings in any of the more than 90 fiat currencies or the more than 100 cryptocurrencies of their choice. This adaptability meets the demands of contemporary international teams and is indicative of the increasing use of cryptocurrency payments in the workplace.