Pebl (Velocity Global) Employer of Record pricing
Published price
$399 per employee per month
Pebl (Velocity Global) lists its Employer of Record plan at that price. The fifth lowest of the thirteen vendors here that publish a price.
What does one employee in Brazil cost through Pebl (Velocity Global)?
On top of the salary, Brazilian law makes the employer pay 20 percent social security (Lei 8.212/1991 art. 22) and 8 percent into the worker's FGTS account (Lei 8.036/1990 art. 15). Pebl (Velocity Global) charges its fee on top of both.
Includes the thirteenth salary: Brazilian law requires 13 monthly salaries a year, added here at face value. Not included: the employer charges on that extra salary, benefits and any currency conversion fee.
And in the United Kingdom
A UK employer pays 15 percent National Insurance on pay above a yearly threshold, and at least 3 percent into the worker's workplace pension, both set by the government on gov.uk. Pebl (Velocity Global) charges its fee on top.
This slightly overstates the cost: both rates are worked out here on the whole salary, while the law applies them only above a threshold or within a pay band. Not included: holiday pay rules, benefits and any currency conversion fee.
What does Pebl (Velocity Global) say about deposits, contracts and exit costs?
Does Pebl (Velocity Global) ask for a deposit?
A Payroll Funding payment is required for each Supported Worker(s) hired under an Order Form before Pebl will proceed with the onboarding process.
sourceThe Payroll Funding amount functions as a form of security, it is not a pre-payment.
source
What does it cost to stop using Pebl (Velocity Global)?
Client is responsible for all Offboarding Costs and any additional amounts it authorizes to be paid to the Supported Worker.
source
What does Pebl (Velocity Global) charge for contractors?
Pebl (Velocity Global) does not publish a contractor price. The lowest published is Skuad's Contractor Management System, starting at $19 per contractor per month.
Closest in price to Pebl (Velocity Global)
- Rivermate lists from $349, less than Pebl (Velocity Global).
- Multiplier lists from $459, more than Pebl (Velocity Global).
Where these numbers come from
- Pebl (Velocity Global)'s pricing page read
- Rivermate's pricing page read
- Multiplier's pricing page read
- Skuad's pricing page read
- Lei 8.212/1991 and Lei 8.036/1990 on planalto.gov.br
- HMRC rates and thresholds for employers and workplace pension minimums on gov.uk