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Why is FX exposure important when paying your remote workers and how to offset the risk?
Currency fluctuations can cause financial risks to companies, and they have three options to mitigate the risks: paying in the company's own currency, using forward contracts, or using the Forex market to hedge the risks. Companies should consider hiring a professional FX trader to help manage the risks and ensure financial stability.
Konstantin Rabin.
March 23, 2023
4
min read
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Global payment and compliance
Keep up with updates and announcements from the Workpay team.
Global Payment and Compliance

The Benefits of Using an EOR Service for Hiring and Managing Staff in Africa

What Is An EOR In Staffing? PEO Vs. EOR? The Benefits of EOR For Hiring And Managing Staff In Africa. The Benefits of Hiring More Employees. Why Hire From South Africa?

Workpay
March 14, 2023
5
min read

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March 14, 2023
Global Payment and Compliance

Navigating the Business Landscape of Mauritius

Is Mauritius good in doing business? What is the ease of doing business in Mauritius? Can a foreigner start a business in Mauritius? How much does it cost to open a business in Mauritius? How many businesses are there in Mauritius? Is it easy to make payments in Mauritius? What are the requirements for opening a business in Mauritius? Who sets up the business?

Workpay
March 9, 2023
4
min read

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March 9, 2023
Global Payment and Compliance

New NSSF Rates 2023 Take Effect this Month!

Employers are required to adhere to the new NSSF rates effective as of February 2023. What are the new NSSF rates? This article addresses the new NSSF 2023 contributions. Get your NSSF automated by Workpay's HR and Payroll Software. New NSSF Rates 2023

Workpay
February 10, 2023
2
min read

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February 27, 2023
Global Payment and Compliance

Tax Exemption for Persons with Disabilities in Kenya

Tax exemption in Kenya. Do people with disabilities pay tax in Kenya? Difference between Tax Exemptions for Disabled People and Tax Rebates for Disabled People. How Do I Get A Tax Exemption Certificate In Kenya? Qualifications for tax exemption in Kenya.

Workpay
February 9, 2023
6
min read

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February 9, 2023
Global Payment and Compliance

The Nigeria Startup Act 

What is the Nigeria Startup Bill? Benefits Of The Nigerian Startup Bill.

Workpay
November 22, 2022
4
min read

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November 23, 2022
Global Payment and Compliance

Everything You Need To Know About PAYE Calculation In Nigeria

PAYE in Nigeria. Who Should Pay PAYE in Nigeria? What is Chargeable Income? How is PAYE Calculated in Nigeria? What are the PAYE Tax Rates and Due Dates for Payments in Nigeria?

Workpay
November 11, 2022
5
min read

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November 11, 2022
Global Payment and Compliance

Compliance Tips for Small Businesses

What is Compliance in Business? What are the Types of Compliance in Business? Why is it Important for a Business to be Compliant?

Workpay
November 3, 2022
6
min read

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November 3, 2022
Global Payment and Compliance

Hire and Pay Remote Workers and Contractors in Cote d’Ivoire

What are the Advantages and Disadvantages of Hiring Remote Workers and Contractors in Cote d’Ivoire? What is the Best Way to Hire Remote Employees and Contractors in Cote d’Ivoire? What is the Best Way to Pay Remote Employees and Independent Contractors in Cote d’Ivoire?

Workpay
October 25, 2022
6
min read

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November 1, 2022
Global Payment and Compliance

Hire and Pay Remote Employees and Independent Contractors in DRC

What is the Difference between Employees and Independent Contractors? What are the Pros and Cons of Hiring Remote Workers? How to Hire Remote Employees and Independent Contractors in DRC. Best Payments Methods to Pay Remote Workers Directly in DRC. How to use an EOR service provider.

Workpay
October 13, 2022
7
min read

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January 24, 2023
Global Payment and Compliance

Hire and Pay Remote Employees and Contractors in Angola

What are the Pros and Cons of Hiring Remote Employees? What is the Best Way to Hire Remote Employees and Contractors in Angola? What is the Best Way to Pay Remote Employees and Independent Contractors in Angola? What are the Difficulties faced by Companies Who Want to Hire Remote Workers in Angola?

Workpay
October 6, 2022
6
min read

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November 1, 2022
Global Payment and Compliance

Hire and Pay Remote Employees in Senegal

How to hire and pay remote employees in Senegal. What is the Difference between Employees and Independent Contractors? Is it Cheaper to Hire an Independent Contractor or Employee? How to Hire Remote Employees and Independent Contractors in Senegal. Best methods to pay remote employees and independent contractors in Senegal.

Workpay
September 23, 2022
6
min read

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November 1, 2022
Global Payment and Compliance

Hire and Pay Remote Employees in Mauritius 🌴

What is the Difference between a Freelancer and an Independent Contractor in Mauritius? How to Hire Remote Employees and Independent Contractors in Mauritius. How to Pay Remote Employees and Independent Contractors in Mauritius. The most effective methods for paying remote employees and independent contractors in Mauritius 

Workpay
7
min read

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November 1, 2022
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Remote Teams

Why is FX exposure important when paying your remote workers and how to offset the risk?

By
March 23, 2023
Back to Blog
Global payment and compliance
Global Payment and Compliance

The Benefits of Using an EOR Service for Hiring and Managing Staff in Africa

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

March 14, 2023
Global Payment and Compliance

Navigating the Business Landscape of Mauritius

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

March 9, 2023
Global Payment and Compliance

New NSSF Rates 2023 Take Effect this Month!

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

February 10, 2023
Global Payment and Compliance

Tax Exemption for Persons with Disabilities in Kenya

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

February 9, 2023
Global Payment and Compliance

The Nigeria Startup Act 

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

November 22, 2022
Global Payment and Compliance

Everything You Need To Know About PAYE Calculation In Nigeria

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November 11, 2022
Global Payment and Compliance

Compliance Tips for Small Businesses

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November 3, 2022
Global Payment and Compliance

Hire and Pay Remote Workers and Contractors in Cote d’Ivoire

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

October 25, 2022
Global Payment and Compliance

Hire and Pay Remote Employees and Independent Contractors in DRC

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October 13, 2022
Global Payment and Compliance

Hire and Pay Remote Employees and Contractors in Angola

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

October 6, 2022
Global Payment and Compliance

Hire and Pay Remote Employees in Senegal

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

September 23, 2022
Global Payment and Compliance

Hire and Pay Remote Employees in Mauritius 🌴

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Global Payment and Compliance

Remote Work Compensation in Africa

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July 15, 2022
Global Payment and Compliance

Should I Pay My Employees in Crypto? Is It Legal?

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July 8, 2022
Global Payment and Compliance

Hire and Pay Remote Employees and Independent Contractors in Algeria

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June 24, 2022
Global Payment and Compliance

Hire and Pay Remote Employees and Independent Contractors in Tunisia

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June 21, 2022
Global Payment and Compliance

Hiring Remote African Teams Gives You a Competitive Advantage

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June 14, 2022
Global Payment and Compliance

How to File KRA Returns (KE)

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May 25, 2022
Global Payment and Compliance

Social Security Services in Egypt 

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June 16, 2022
Global Payment and Compliance

Gross Pay Vs. Net Pay 

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May 24, 2022
Global Payment and Compliance

Hire and Pay Remote Employees and Independent Contractors in Zambia: A Complete Guide 

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May 12, 2022
Global Payment and Compliance

How to Hire and Pay Remote Employees in Morocco

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May 12, 2022
Global Payment and Compliance

How to Hire and Pay Remote Employees in Ghana

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May 12, 2022
Global Payment and Compliance

How to Pay Remote Employees in Uganda

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April 6, 2022
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