Gusto acquires Remote Team
Payroll, HR and benefits platform Gusto has acquired Remote Team, the HR platform for remote teams.
Founded in 2019, Remote Team offers a range of features to allow companies to hire remote employees. These include time tracking, tax compliance, global payroll, reimbursements, and more.
The acquisition will allow Gusto to support international talent strategy for the 200,000+ businesses it serves. The company also announced that it now supports paying contractors in 80 countries and quick tax registration in all 50 American states.
“Remote work isn’t going anywhere. In fact, it’s becoming an increasingly important part of the employee experience at many growing companies worldwide. The global pandemic has only accelerated the appetite for and adoption of distributed workforces. With faster internet speed, more widely available workplace technology, and the rise of open source collaboration and online upskilling/reskilling courses, there’s more opportunity than ever for distributed workforces to grow and work effectively beyond borders.” – Gusto.