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Rivermate In-Depth Review

Are you thinking about hiring internationally? Rivermate is an international Employer of Record (EOR) that can help you hire in 150+ countries. Here is my honest take on their services.

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Rivermate Review Summary

rivermate_logo

Score 8 out of 10

Currency

100+

Monthly fees

€299+

Payment options

ACH/SWIFT

Rivermate partners with companies to tailor workforce solutions to their unique needs. With experience supporting over 200 businesses and managing a global workforce of 2000 employees, Rivermate provides a full suite of services, including executive search, Employer of Record (EOR) services, global payroll, and recruitment. Their centralized HR dashboard simplifies hiring and streamlines employee time tracking, making talent management efficient and user-friendly.

Rivermate Company Overview

Rivermate was established in 2020 in response to the changing needs of the post-COVID workforce. The organization’s mission is to provide businesses with tailored and cost-effective staffing solutions. Although still relatively young, the company has grown considerably over the last 4 years, employing more than 2000 employees worldwide and supporting over 200 companies. Rivermate promises a comprehensive and customized service, working closely with companies to understand their specific hiring needs.

Unlike other providers who divide their services into departments, Rivermate prioritizes a one-on one human approach. Companies who are interested in receiving legal and administrative support when hiring talent or expanding globally are directly connected with one of Rivermate’s trusted experts.

Rivermate, a platform for remote work management solutions.
Rivermate: Simplifying remote work management for teams worldwide.

In addition to helping businesses navigate foreign legal environments and source and recruit talent, Rivermate also provides an EOR service, offering compliant global payroll management for employers. Using Rivermate’s fully integrated HR platform, employers and employees can view, assess and if necessary amend their working hours and pay-related information.

By ensuring that every employee is paid accurately and fairly, and by helping businesses administer benefits and implement protections, Rivermate is taking significant action to redefine the global employment landscape.

How Rivermate Works

Using Rivermate, employers can contract a number of skilled and highly educated professionals. The provider works to connect businesses with professionals who can best support their long-term goals, whilst remaining compliant with industry and national labor and taxation laws. The provider’s centralized online platform expedites the onboarding process, allowing employees to self-onboard and familiarize themselves with company software and systems.

Global EOR

Rivermate's Employer of Record solution for easy global hiring and payroll management.
Effortless global hiring and payroll management with support in 135+ countries.

Rivermate provides an EOR service in which it is responsible for helping business source and hire talent; accurately pay their employees and remain compliant with industry-level and national labor and taxation laws.

  • Companies can avoid the high costs and complexities of setting up a legal entity in each country where they operate, saving significant time and resources.
  • File accurate and timely tax returns.
  • Protection from financial and reputational damaging non-compliance penalties.

Charging a monthly fee, Rivermate alleviates companies of their administrative burdens, affording the freedom and finances needed to prioritize their core business activities.

Permanent Positions (Employees)

Rivermate helps companies source and hire talent for both permanent and temporary positions. Using their understanding of the specific nuances and roles of the job the company is hiring for, Rivermate can create an informed and strategic recruitment strategy.

The provider will be responsible for shortlisting candidates based on their skills and qualifications. Rivermate will then assist companies in conducting the necessary background checks and skills tests needed to verify the candidate’s claims. The provider will ensure that all structured interviews and tests conducted do in no way infringe upon the privacy or rights of the candidate.

When sourcing talent, Rivermate will sift through its expansive and expanding global network of industry professionals. The use of automated systems such as an applicant tracking system will also allow recruiters to quickly and accurately source and shortlist candidates.

Temporary Staffing/ Contractor Management

Rivermate additionally helps companies hire freelance workers and part-time workers. These workers will tend to work for the duration of a project or for a season. Using their legal expertise, Rivermate will help draft compliant employment contracts which specify the duration of employment and the requirements of the role. Rivermate experts will then use their knowledge of the relevant industry to source and hire professionals with the necessary and applicable skills. 

As companies are at a higher risk of misclassifying employees when contracting freelancers, Rivermate will perform due diligence when drafting employment contracts and administering supplementary benefits.

Streamlined global payroll and employee management dashboard by Rivermate.
Effortlessly manage global teams and payroll with Rivermate’s all-in-one HR dashboard.

Rivermate Key Features

Rivermate offers an EOR service with global payroll management. However, companies are not required to pay for the full EOR service should they only require one aspect of the service such as recruitment or payroll. Rivermate’s main feature is its HR dashboard which minimizes administrative delays by allowing employees to onboard themselves and review pay related data through one centralized platform.

1. Rivermate Professional Sector Focus

Rivermate has provided tailored staffing solutions to a variety of businesses across a range of industries. With more than 2000 employees placed worldwide, Rivermate works collaboratively with companies to ensure that the service offered best aligns with their organizational goals and financial needs. 

 Type of businesses that Rivermate has supported include:

  • E-commerce
  • Software Development and IT Services
  • Tech consultancy

In addition to sourcing and recruiting global talent, Rivermate also provides an executive search service. Rivermate helps connect companies with professionals with the potential needed to fill leadership and managerial roles such as CEOs. The provider’s executive search service ensures that companies have the human capital needed to propel their business.

2. Rivermate Administering Benefits

Rivermate's compliant benefits administration, tailored benefits packages, and optional health insurance add-ons.
Rivermate makes employee benefits easy to manage, offering compliant solutions and customizable packages that give employers a competitive edge.

Rivermate stands out in the HR and hiring space by integrating compliant benefits administration into its EOR (Employer of Record) service. Managing employee benefits—especially when it comes to navigating mandatory and supplemental options—can be overwhelming. Rivermate simplifies this process by ensuring that employees receive the correct benefits according to local laws and industry standards. Here’s a breakdown of the unique offerings and advantages:

  • Comprehensive Benefits Administration: Rivermate handles the complexity of determining which benefits are required by law and which are voluntary, ensuring full compliance.

  • Tailored Benefits Packages: The provider helps companies create custom benefits packages, giving employers a competitive edge in attracting top talent.

  • Attractive Supplementary Benefits: Companies can offer additional perks like equity plans, wellness programs, flexible working hours, and remote work options, helping to make their work environment more appealing.

  • Optional Health Insurance Add-ons: For companies looking to go further, Rivermate provides the option to add health insurance packages, enhancing the overall employee experience.

3. Rivermate Global Reach

Rivermate has an extensive network of in-country partners located across over 150 countries. The provider’s in-country experts make certain that companies are kept up to date with ever-evolving legislative requirements, ensuring that their payroll service aligns with global standards. 

Using Rivermate, companies can enjoy access to skilled and qualified professionals in over 135 countries and the provider’s centralized platform makes hiring these employees very simple.

4. Rivermate Other Services

In addition to providing a comprehensive EOR and global payroll service, Rivermate also allows companies to cover their employees with health insurance for an additional charge. Rivermate works closely with health insurance companies to provide clients with discounted group packages, making Rivermate’s global health insurance plan 50% cheaper than individual rates. Although this service is not applicable in certain locations, Rivermate is continuing to expand its global network of insurance providers to cater for more companies in more locations.

Rivermate's competitive pricing for global health insurance plans, with discounts for pooled members and local rates.
Rivermate offers competitive pricing on global health insurance, providing discounts through pooled plans and access to local rates for added savings.

5. Rivermate Platform

Companies looking to outsource recruitment or engage Rivermate as an EOR are required to submit their contact details or create an account on the Rivermate website. An expert will then contact the employer to discuss their specific hiring needs and how Rivermate can best support these. 

Companies will not be charged when creating an account but will need to provide an active business email address and phone number. Companies will only be charged upon hiring an employee. 

Rivermate’s employee management dashboard, showcasing features for onboarding, payslip access, and easy employee management.
Simplify your HR management with Rivermate’s all-in-one dashboard, making employee onboarding and data management effortless.
  • Centralized platform where employers and employees can easily access and track data relating to working hours and payslips.
  • New recruits can also familiarize themselves with the company’s policies, practices and systems through self-onboarding.
  • Request reimbursements. Rivermate’s platform increases the efficiency of recruiting and paying employees by streamlining payroll management and integrating automated systems.

6. Rivermate Resources

Rivermate’s website serves as a valuable resource for both employers and employees, offering a wealth of information on global business expansion, labor laws, taxation, and career development. Through their regularly updated blog, visitors gain important market insights and real-world stories of business incorporation across different regions. The blog not only shares Rivermate’s progress and challenges but also serves as a transparent window into the company’s journey from its early days to present.

Here’s a look at the key features that stand out:

  • Comprehensive Blog Content: Rivermate’s blog provides in-depth market insights and practical advice on global business expansion, helping both employers and employees navigate complex issues like labor laws and taxes.
  • First-Hand Business Accounts: The blog shares real stories about incorporating a business in various countries, offering valuable perspectives on the challenges and triumphs companies face when going global.
  • HR Glossary for Clarity: To make complicated legal and industry terminology more accessible, Rivermate offers a comprehensive HR glossary, helping users understand complex legal jargon and industry-specific terms.
  • Client Testimonials & Success Stories: Rivermate showcases customer testimonials and success stories, giving businesses an opportunity to evaluate the reliability and quality of the service before committing.

These features reflect Rivermate’s commitment to transparency and its effort to provide both informative content and practical tools to support businesses and employees alike.

Rivermate Reviews

The average scores (as of the time of writing) were:

Rivermate Pricing 

PlanPrice per employee/contractor per month
Rivermate Freelancer€39 per contractor per month
Rivermate EOR€399 per employee per month
Rivermate Payroll€49 per contractor per month

Rivermate prides itself in providing a clear and transparent pricing structure. Whilst costs may vary depending on the type of service, Rivermate aims to make its comprehensive EOR and global payroll service affordable and cost-effective.

Businesses will be required to pay a monthly charge of £399 when engaging Rivermate as an EOR and £39 for every freelancer and contractor hired. This monthly payment funds several aspects of the EOR service, including employee self-onboarding, locally compliant contracts, payroll management, IP protection, localized benefits administration, and 24/7 customer service support.

Rivermate Pros and Cons

Centralized platform

Rivermate leverages the latest technology to provide companies with an efficient and easy to use online recruitment, onboarding and tracking system.

Global reach

Rivermate has in-country partners in over 150 countries and has helped employers hire talent in over 135 nations worldwide.

Benefit Packages

Using their legal and industry expertise, Rivermate experts can ensure that companies create competitive and compliant benefits packages.

Transparent Pricing

The cost of Rivermate’s services can all be easily viewed online, allowing businesses to properly assess the affordability of the service provided. Rivermate’s commitment to transparent pricing also means that businesses do not need to be wary of hidden or additional costs when using an EOR.

New to Market

Having only been established in 2020, Rivermate is a relatively new player in the EOR and recruitment industry. The company’s young age means it has not garnered the same renown or reputation as other providers who have been active for longer. This may limit Rivermate’s ability to expand and strengthen its talent pool with top-performing corporations.

Additional Service Costs

Employers will need to pay an additional fee if they wish to provide their employees with health insurance coverage.

Rivermate Unique Selling Point

Rivermate is one of the few services to compliantly administer both statutory and supplementary benefits at no additional cost, making the service both comprehensive and cost-effective. Moreover, Rivermate’s partnership with health insurance companies affords businesses unique discounts when covering employees for sick leave and other medical concerns, again making the service particularly affordable.

RemotePeople Score for Rivermate

8/10

Our expert score for Rivermate

Our team came to this score by considering the following components in the following weightings:

Employer of Record features

25%

Payroll features

10%

HR features

10%

Compliance features

10%

Platform features

10%

Pricing

20%

User reviews

15%

For each component, Rivermate received the following score:

Employer of Record features

18/25

Payroll features

8/10

HR features

8/10

Compliance features

9/10

Platform features

8/10

Pricing

17/20

User reviews

12/15

Rivermate — Our Take

Rivermate provides companies with an efficient, reliable and tailored service. The quality of the service provided is supported by positive client testimonials in addition to the company’s impressive growth over the last four years. Rivermate works collaboratively with clients to cater to their specific hiring needs, matching them with individuals best able to facilitate and support their organizational goals. The provider’s expansive global network of in-country partners and expert staff ensures optimal efficiency and legal security when using Rivermate.

Hire Globally. Stay Compliant.

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