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RemoteTeam, an innovative platform designed for seamless international contractor management, emerged as a critical solution for companies looking to expand their remote work capabilities. Specializing in global payroll, compliance, tax regulation, and onboarding, RemoteTeam enabled businesses to navigate the complexities of international hiring. In 2021, Gusto, a leader in payroll, benefits, and HR solutions, recognized the potential of RemoteTeam and strategically acquired it to enhance its offerings and meet the growing demands of remote and hybrid work environments.
As remote work gained momentum, small and medium-sized businesses (SMBs) began recruiting talent beyond local borders. However, this expansion came with significant hurdles:
Gusto identified these challenges as barriers for its clients and sought a way to address them effectively.
RemoteTeam was a strategic response to these challenges. By integrating RemoteTeam’s robust global contractor management tools provide:
This move positioned Gusto to offer end-to-end HR solutions for businesses operating in a globalized economy.
The acquisition of RemoteTeam significantly bolstered Gusto’s ability to support its clients’ international hiring needs. Key achievements included:
Most notably, the successful integration and innovation stemming from this acquisition culminated in a major milestone: RemoteTeam’s journey of excellence recognized through its acquisition by Gusto, solidifying its impact on the HR tech industry and its legacy of supporting global workforce solutions.