Hire anyone, anywhere. Then, make one payment and your whole team will get paid in the currency of their choice.
Whether your employees are in Nigeria or Los Angeles, you can run payroll with just one click. We’ll handle the calculations: All you have to do is make a single payment. Your employees will love it, too, because they get paid in any currency they prefer (with no additional work required from you).
On our global payroll platform, you’ll be able to see each employee’s invoice in the same place. They’ll show up automatically every month. And you can set your payments on autopilot, too, so you don’t have to lift a finger at all.
In the past, paying globally meant getting hit with huge fees and bad exchange rates. Not with Panther: We won’t charge you a cent in fees, no matter which currencies your employees would like to get paid in. And we’ll get the best exchange rate available for your payments.
We charge you in USD and pay your employees in their local currency, using the mid-market rate. Currency fluctuations may impact the amount you pay, as your employees will always be paid the same amount in their local currency.
All that with one invoice, only, for your entire global team.
Gross salary is the pre-tax amount that is awarded to the employee. It includes social security contributions and/or other payments or taxes mandatory by local laws, along with income tax, which varies both according to local laws and the employee's personal tax situation.
Net salary is the post-tax amount that the employee actually receives in their bank account. The rules for calculating the net salary also vary from country to country according to their legal framework.
We currently support direct debits via ACH in the United States and via SEPA in the Eurozone.
Email us at hi@panther.co, or use the contact form in the Contact page.