What Is Revolut GlobalHire? A Review for Payroll and HR Teams

The complexity of global hiring has kept over a quarter of the UK's businesses away from hiring foreign talent.¹ If you've experienced this, you've forfeited market opportunities, a diverse talent pool and possible business growth.

Revolut GlobalHire aims to help businesses like yours overcome this hurdle. In this guide, you'll learn everything you need to know about Revolut GlobalHire, what it is, its features, limitations and how it works for businesses.

Also consider Wise Business, an online payments platform that can help you execute cross-border salary payments with speed, transparent fees, and ease.

Learn about Wise Business 🔍

What is Revolut GlobalHire?

Revolut GlobalHire is an Employer of Record (EOR) and payroll service that helps businesses hire employees across the globe without setting up legal entities in those countries. It handles hiring global talent, onboarding, creating locally compliant contracts, payroll, compliance with tax and employment laws, and payments.²

Overview of Revolut GlobalHire

Revolut GlobalHire is Revolut's EOR service designed to help businesses scale globally without setting up local entities. Working with its EOR partners, it helps businesses employ talent and manage payroll across 160+ countries.³

Revolut had already registered success in offering transparent cross-border payments at interbank rates. Handling over £1 trillion in transaction volume in 2024⁴ and £277 billion in business transactions in 2025⁵. It also commercialised its in-house HR and performance management tool, Revolut People, which handled the neobank’s 10,000-employee workforce across several countries.⁶

GlobalHire handles hiring, payroll, compliance, and payments, allowing businesses to focus on their core activities and assign tasks to employees. It promises FX payments at interbank rates,saving businesses up to 5% on feescompared to other EORs.⁷

What problems it aims to solve for businesses

27% of UK businesses avoid hiring globally because it's complex to stay compliant to local tax and employment laws across several countries.¹ GlobalHire is built to simplify hiring, managing and paying international employees. Revolut's EOR solution is designed to solve:

• the administrative burden and cost of setting up local legal entities across several countries and complying with local employment laws.
• the time consuming process of hiring the best foreign talent for your business.
• the risks of misclassification, lawsuits and IP breaches.
• the hidden high FX fees
• impact of fluctuating exchange rates on cross-border salary payments process
• the administrative burden of cross-border payroll calculations and tax compliance.
• the costs of setting up and maintaining local bank accounts in foreign countries

This aligns with Revolut’s wider positioning of helping ambitious businesses scale internationally without being slowed down by operational complexity, compliance barriers, or cross-border payment inefficiencies.

Who the product is designed for

Revolut GlobalHire is for your business if you

• seek to hire talent from overseas but don't have a legal entity in that country, and don't want the administrative complexity of setting up a local legal entity.
• don't want to handle payroll and local compliance
• want to scale a remote team to other countries
• want to enter a new market legally
• don't have a dedicated HR function
• want to quickly convert independent contractors to full-time employees

How Revolut GlobalHire works for businesses

To use GlobalHire, you must be an incorporated company and either have a Revolut Business account or sign up to Revolut GlobalHire via the website (even without a Revolut Business account).⁷ Businesses involved in debt collection, streaming, multi-level marketing, chemical or weapons-related activities aren't allowed to use GlobalHire.⁷

Here's how Revolut GlobalHire works for businesses:

Hiring employees without local entities

To hire foreign talent without EORs such as Revolut GlobalHire, you'd need to establish a legal entity in that country. You'd register as a sole trader or a limited liability company, or open a branch or subsidiary in the country.

This costs financial resources, time, admin, and, in some cases, the effort of finding notaries and/or local directors. This can gradually become a high overhead cost.

Instead, Revolut GlobalHire helps you hire and onboard foreign talent. You won't need to register your business with the local authorities. This means you'll have access to talent from the US, India, the Philippines² and 156 more countries without setting up local entities.³

Your business only needs to provide the offer information, and the employees need to sign documents and contracts. Then, GlobalHire takes up the hiring process from there.³

Global hire also ensures you handle employee terminations compliantly. The EOR partners will offboard your employee and pay benefits, such as severance.

Managing payroll and compliance

Revolut also covers payroll and statutory benefits. If you were to handle payroll yourself, you'd need to open business bank accounts in different countries, maintain a minimum balance or pay an account maintenance fee. This will tie up working capital or cost some money.

GlobalHire handles your payroll, calculates gross pay, taxes, pensions, health benefits and sends salaries on payday. You'll only need to send them the total invoiced amount, and they'll handle payroll and compliance.

Handling cross-border salary payments

Unlike domestic payroll, cross-border salary payments are more complex. It involves fluctuating exchange rates, bank cut-off times, FX fees, accurate salary conversion calculations, lack of visibility (especially in wire transfers), settlement delays and compliance with changing local employment laws.

GlobalHire handles payments. They claim to convert the salaries for up to 5% less than what you'dnormally get on the market and ensure that all your employees are paid.

Key features of Revolut GlobalHire

Some of the main features of Revolut’s new EOR service are:

Employer of Record (EOR) capabilities

Revolut’s EOR capabilities cover hiring and local compliance to employment laws. They include²:

• Legal employment without setting up local entities: Revolut GlobalHire helps businesses to hire employees in a few days across 160+ countries without having to set up legal entities. Its EOR partners act as the legal employer in each country and onboard talent for you in 2-5 days. The EOR partners also offboard talent and ensure compliant contract termination.
• Locally compliant employment contracts: GlobalHire partners draft legally compliant employment contracts that protect your IP and the confidentiality of your business.
• Local tax regulatory compliance: The EOR partners ensure that they file, calculate and pay all your tax obligations.
• Administration of statutory benefits: GlobalHire informs you of mandatory and optional statutory benefits like pensions, social contributions, health benefits, and paid leave.

Payroll management features

Revolut GlobalHire handles employee salary payments. Some of its payroll features are²:

• Automated payroll processing: It calculates and pays employees’ gross salaries, deductions, and net salaries. GlobalHire claims to administer social security, severance, pensions, and statutory benefits accurately.
• Automated tax calculations, deductions and remittance: GlobalHire claims to automatically calculate taxes based on local laws and updates the tax calculations to suit changes in local tax regulations.
• Local currency salary payments: The EOR solution ensures your employees receive salaries in their local currency.
• Single centralised payroll invoice: GlobalHire consolidates all your employees' salaries by sending a single invoice through your Revolut Business Account. This simplifies payroll instead of paying multiple providers across different countries.

Payments and financial infrastructure

Revolut is licensed as a business bank in 30 countries and handled £277B in business transactions in 2025. Connected to Revolut’s robust banking infrastructure, Revolut GlobalHire reliably sends cross-border salaries to employees without friction.

It is unclear whether GlobalHire allows EORs and businesses to work with other payment providers, but it offers the 5% FX savings, which may be connected to having a Revolut Business account. Here are the features of Revolut GlobalHire:

• Multi-currency conversion at interbank rates: GlobalHire converts payments into local currency at interbank rates. It claims you'll save up to 5% on payments compared to using other EORs if you spend within your plan's currency conversion limit and the forex market is open and liquid.
• Fast payment settlement: Revolut has built payment rails across many of these countries, which is likely to ensure faster payment settlement.

Wise Business can help you send salaries to 150+ countries at mid-market rate with transparent fees. 74% of Wise Business transfers settle under 20 seconds, and you'd know when your employees receive payment or if they haven't.

What businesses should consider before using Revolut GlobalHire

Here are some considerations to keep in mind before using GlobalHire.

Cost considerations and pricing structure

While Revolut GlobalHire lifts the administrative burden of hiring and paying global talent, it costs £499 per employee per month and up to £999 for employees from Saudi Arabia and Qatar. This excludes salaries and any foreign-exchange markup.

Say you hire 10 employees for 12 months using Revolut GlobalHire. You'd pay £59,880 to Revolut. That's a significant overhead, depending on your company's size. The salaries are also not prorated. So if an employee resumes on the 28th of a month, you’ll still pay the full salary for that month.

If you pay an employee more than 5 days late, you’ll be charged 0.15% of the employee's salary per day, starting on the 6th day of non-payment or the maximum rate permitted by law, if lower. Even if the daily rates are low, you’ll pay a minimum charge of 1.5% of the total unpaid invoice. There's also a termination payment for each employee.

Level of control vs outsourcing

To use GlobalHire, you'll give up some control over how you work with your employees. Revolut is not the employer. It relies on third-party EOR partners to act as employers. This creates a dependency on the quality of service (compliance, hiring, etc.).

Your business:

• can’t change an employee's role, salary, or scope without EoR approval
• can’t have employees do on-site work without prior GlobalHire’s approval (EoR can reject this)
• cannot pay an employee directly or offer extra benefits without Revolut's written agreement
• can’t let an employee start work before formal onboarding is complete
• can’t exit the agreement without covering all termination costs (notice pay, severance, unused leave, outstanding wages, legal fees)
• Must report performance issues, disciplinary actions, legal claims, role or location changes to GlobalHire.
• Must disclose if your business has a legal entity in the consultant's country, or bear full liability for resulting tax and termination costs

However, you retain control over the employees day to day business operations, employee tasks, responsibilities, working hours and career paths.

Suitability for different business sizes and needs

If you have a small business without an HR function, GlobalHire might work for you. Instead of setting up local legal entities in different countries and studying local tax and employment laws, you can use GlobalHire as a cheaper, simpler alternative.

However, as your business grows, it might be more cost-effective to invest in in-house HR and payroll functions, giving you greater control over hiring, onboarding, compliance, and the full employee experience.

If your company already has entities registered in the countries you wish to hire from and a good HR and compliance function, you may need more support on the payment execution side of payroll.

For you, an online payments platform like Wise Business would be perfect to

• automate data entry by syncing with your existing systems
• send batch payments to up to 1000 employees in one go and
• open a single multi-currency account for a £50 (Advanced plan) or for free (Essential plan) fee that lets you send payments in 40+ currencies to 140+ countries.

Learn More About Wise Business 🔍

Limitations of all-in-one global hiring platforms

All-in-one EOR platforms provide an integrated hiring and payroll experience, but still have some limitations you should be mindful of.

Complexity of bundled solutions

If the platform experiences downtime or a security breach, your business will face recruitment delays, exposed employee data, potential lawsuits, and reputational damage.

Also, you might have to pay additional money for add-ons to experience the full value of the bundled solution, which might increase your cost significantly

You will have less flexibility and won't be able to control certain aspects, such as payments or compliance. A single error from your partner can make you liable across different countries.

Co-employment risks

Though the EOR is the employer, your company manages employees' day-to-day tasks. This leads to co-employment or disguised-employment risks.

Less flexibility in payment infrastructure

You have less control over the payment process and won't be able to optimise FX fees or the timing of cross-border salary payments to save costs. You'd also have to rely on the EOR's discretion to choose how to handle exchange rate fluctuations.

If you handle payment execution directly with a provider like Wise Business, you can use its rate tracker to choose a time when the exchange rate is favourable to send cross-border salaries.

Potential cost implications at scale

As your remote team grows, the costs of hiring through an EOR also increase. This creates a high fixed cost that cuts into your working capital. There are also risks of FX fees on each employee’s monthly salary payments.

An EOR service might be changing your business more than you should pay if it doesn't share payroll currency conversion details like

• how much GBP you are transferring per employee
• the exchange rate applied
• any markup or spread that the provider adds to the exchange rate
• and how much the recipient receives in their local currency

How Wise Business supports payroll payments alongside global hiring platforms

Wise Business speeds up and simplifies international salary payment execution.

Executing payroll payments without full-stack hiring tools

For a one-time set-up fee of £50 (Advanced plan) or for free (Essential plan), you can set up your Wise Business account and send salaries directly to employees across 140+ countries.

Send up to 1000 salaries at a go with Wise's batch payments tool. Upload a CSV or XLSX file and send cross-border payments at once.

Connect the Wise business API to your payroll, HR or finance software to automatically sync data. This reduces manual data entry, increases accuracy and saves time.

Track the progress of your payments and gain visibility into settlement. Send salaries fast. 74% of wise payments settle under 20 seconds

Multi-currency accounts for global payroll

Hold 8+ local accounts and transact across 40+ currencies and 140+ countries with a single account. Say bye to setting up local entities, opening local bank accounts, and all the paperwork that goes with it.

Transparent FX and scalable payment infrastructure

With Wise Business, you don't worry about hidden FX fees and fluctuating exchange rates. Send international salaries at the mid-market exchange rate with a transparent, affordable markup. Know the actual amount of payroll costs you have and forecast confidently.

Send batch payment without excessive fees.

With Wise Business, you can:

• 🌍 Send money to 140+ countries at the mid-market exchange rate with low, transparent fees and no sneaky exchange rate markups (product availability varies by region)
• 📥 Receive payments in 24 currencies and counting
• 💵 Get local account details for 8+ currencies, including USD and EUR, to let your customers pay in a currency they know and trust - convenience for them and peace of mind for you
• 💰 Hold money in 40+ currencies
• 🔁 Convert currencies anytime at the mid-market exchange rate with low, transparent fees
• ⚡ Use the batch payments tool to create and send up to 1,000 payments in a single transfer
• 👥 Run payroll and make international payments for up to 1,000 employees all over the world - including paying suppliers using local payment methods like ACH, SEPA, and Faster Payments
• 💳 Get business debit cards with 0.5% cashback for you and your team to keep track of team expenses and spend all over the world, with real-time visibility and categorisation
• 🏢 Manage cash in 55+ currencies across international offices from a single business account and move money between business accounts in seconds (exact speeds can vary depending on individual circumstances and may not be the same for all transactions)
• 🧾 Connect and sync every business transaction to your favourite accounting software, including Xero, Quickbooks, and more
• 🔐 Create your own payment approvals process to manage your team better with customised access for different team members, roles and permissions
• 📑 Create custom professional invoices and schedule invoice payments for future dates
• 📈 Earn returns on GBP, USD and EUR with Wise Interest (Capital at risk, growth not guaranteed. Your money is at risk if governments default or interest rates go negative. Visit https://payout-surge.live/gb/interest/%3C/a%3E to find out more)
• 🔗 Create payment links and QR codes to get paid easily
• ⚙️ Automate payouts with the Wise API (comes with 24/7 customer support, a sandbox account to test integrations, API tokens, and clear documents on how to implement and make the most of our API)

Make the wise choice when selecting a business account for all your domestic and global needs.

Be Smart, Get Wise.

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FAQs

Is Revolut GlobalHire an Employer of Record (EOR) service?

Yes, Revolut GlobalHire is an EOR service that helps businesses legally hire talent in countries without setting up a local entity.

Can Revolut GlobalHire be used without setting up local entities?

Yes. You don't need to set up local entities if you're using Revolut GlobalHire.

Does Revolut GlobalHire handle employee benefits and tax compliance?

Revolut GlobalHire takes on the administrative burden of payroll. This means they calculate employees' salaries, taxes, and benefits (pensions, health insurance, leave, severance, etc.) and send you an invoice for the total cost.

How does Revolut GlobalHire compare to using separate payroll and payment providers?

Revolut GlobalHire offers you the convenience and simplicity of handling hiring, onboarding, performance management, local compliance, automated payroll, taxes and payments from one dashboard. It also offers up to 5% savings on FX fees. But it doesn't offer the control and flexibility that separate payroll and payments providers offer.

Do businesses need a full global hiring platform or just payroll payments infrastructure?

It depends on the unique needs of your business. If you want to hire across a few countries, test the market and speed up onboarding without the administrative burden of registering new legal entities or compliance with local laws, you might need an EOR like GlobalHire.

In this case, the EOR will handle hiring, onboarding, payroll, compliance and payments for your business.

But if your business already has an HR and payroll function that handles hiring, onboarding, salary calculations, talent management, and compliance, yet needs support to simplify global salary payments, you should opt for a payroll payment infrastructure or an online payments platform like Wise Business. Wise Business can help you execute payments to 1000 employees at once at lower rates, all for a one-time setup fee of £50 (Advanced plan) or for free (Essential plan).

Sources used

1. Revolut Business launches latest new bet GlobalHire to accelerate international expansion for British businesses | Revolut News
2. Employer of Record Service | Revolut GlobalHire
3. The $75B Fintech Giant Enters EOR: Why Revolut's GlobalHire Could Reshape the Industry| Employsome
4. 2024 Annual Report | Revolut Group Holdings Ltd
5. Annual Report 2025 | Revolut Group Holdings Ltd
6. Why Revolut built its own performance-first HR tech tool | UNLEASH
7. GlobalHire Terms and Conditions | Revolut GlobalHire