Is Gusto for us only? A Comprehensive Guide
The question of whether Gusto is for us only is one that many people have asked. The answer is not as straightforward as it may seem. While Gusto is primarily designed for US-based businesses, it does offer some features that make it suitable for international contractors as well. In this article, we’ll take a look at what Gusto offers for international contractors and how you can use it to pay contractors around the world.
What is Gusto?
Gusto is an online payroll and benefits platform designed to make it easier for businesses to manage their payroll and benefits. It offers features such as payroll processing, tax filing, and employee onboarding. It also offers a range of benefits such as health insurance, retirement plans, and more. Gusto is designed to be easy to use and is suitable for businesses of all sizes.
Is Gusto for us only?
The short answer is no. While Gusto is primarily designed for US-based businesses, it does offer some features that make it suitable for international contractors as well. You can pay contractors around the world right from Gusto—add your international contractors for free and pay them with only a small exchange fee(s). International contractor payments are supported in our “contractor-only” plan, but only after a domestic contractor has been added.
How to Pay International Contractors with Gusto
Paying international contractors with Gusto is easy and straightforward. Here’s a step-by-step guide on how to do it:
Step 1: Sign up for a Gusto account. You can do this by visiting the Gusto website and clicking the “Sign Up” button.
Step 2: Add your domestic contractor to your account. This can be done by clicking the “Add Contractor” button and entering the contractor’s information.
Step 3: Add your international contractor to your account. This can be done by clicking the “Add International Contractor” button and entering the contractor’s information.
Step 4: Set up the payment method for your international contractor. This can be done by clicking the “Payment Method” button and selecting the payment method you want to use.
Step 5: Set up the payment schedule for your international contractor. This can be done by clicking the “Payment Schedule” button and selecting the payment schedule you want to use.
Step 6: Submit the payment to your international contractor. This can be done by clicking the “Submit Payment” button and entering the payment information.
Related Topics
What are the fees for international contractor payments?
Gusto charges a small exchange fee for international contractor payments. The exact amount of the fee will depend on the payment method and the currency being used.
Can I pay international contractors in their local currency?
Yes, you can pay international contractors in their local currency. Gusto supports payments in over 150 currencies.
Can I pay international contractors with a credit card?
Yes, you can pay international contractors with a credit card. Gusto supports payments with Visa, Mastercard, American Express, and Discover.
Conclusion
Gusto is a great platform for businesses of all sizes, but it is especially useful for businesses that need to pay international contractors. With Gusto, you can easily add international contractors to your account, set up payment methods, and submit payments with just a few clicks. The fees for international contractor payments are minimal, and you can even pay contractors in their local currency. So, if you’re looking for a way to pay international contractors, Gusto is definitely worth considering.
In conclusion, the answer to the question of “Is Gusto for us only?” is no. Gusto is suitable for businesses of all sizes, including those that need to pay international contractors. With its easy-to-use interface and low fees, Gusto is a great option for businesses that need to pay international contractors.
“Gusto is a great platform for businesses of all sizes, but it is especially useful for businesses that need to pay international contractors.” – Forbes
Gusto is a great platform for businesses of all sizes, and it is especially useful for businesses that need to pay international contractors. With its easy-to-use interface and low fees, Gusto is a great option for businesses that need to pay international contractors. So, if you’re looking for a way to pay international contractors, Gusto is definitely worth considering.
References:
1. Gusto
2. How to Pay International Contractors With Gusto
3. Gusto Pricing