Introducing Selfwork Payroll: How to Pay International Contractors
Selfwork started as a platform designed to automatically match clients with freelancers, helping both sides. As we developed it, we encountered the challenges our clients told us about, and we know for a fact that for many companies, finding a freelancer is not nearly as difficult as actually paying them afterward.
For example, when a client is based in Brazil and their designer, who created two website pages for them, is in Germany. That's when the real headache begins: how to send the money, how to properly engage that freelancer to avoid misclassification risk, and how to complete the entire process without transaction fees eating up half of the payment.
That's why we know that payroll solutions are almost as important to clients as freelancer marketplaces themselves. And that's exactly why we're launching Selfwork Payroll.
We enable businesses to pay their global teams quickly and easily, without worrying about misclassification risk or hidden fees. Selfwork Payroll operates under the CoR model. All a client needs to do is sign an agreement with Selfwork and then pay a single invoice using their preferred payment method — in EUR, USD, USDT, or USDC.
From there, Selfwork handles contractor agreements, distributes payments, and allows contractors to withdraw their earnings in the most convenient way for them: to a bank account or in cryptocurrency, almost anywhere in the world.
We've also simplified document collection for both sides. For example, invoices are generated automatically in contractors' and freelancers' dashboards, so there's no need to create them manually.
This way, we solve pain points for both parties and make global payments safe, fast, and convenient.
FAQ
How can I pay contractors overseas?
Selfwork operates under the CoR model, where the client company signs an agreement with us, and Selfwork, in turn, independently signs agreements with contractors. This means the company works with a single counterparty and pays one consolidated invoice in USD, EUR, or USDT/USDC, while we handle the payments to the team.
Which jurisdiction does Selfwork operate under?
Selfwork is a Swiss company, but we accept and send global contractor payments to more than 100 countries worldwide.
How can I avoid contractor misclassification risk?
When working with contractors, the risk of misclassification can be significant. To help avoid it, Selfwork offers a CoR model, where the company signs an agreement with us rather than directly with the contractor. This helps reduce compliance risks and simplifies working with an international team.
