As the world becomes more interconnected, and remote work takes center stage, it's important to understand the economic forces that impact both businesses and their employees. A significant factor that is often overlooked is the fluctuation in currency values. At Ontop, we've conducted an in-depth analysis to shed light on how currency valuations impact the purchasing power of remote workers, specifically in emerging markets. Our study focuses on the currencies of Peru (PEN), Brazil (BRL), Colombia (COP), and Argentina (ARS) against the U.S. Dollar (USD) since 2013.
Contracting a full time employee benefits both parts, the company and the worker. Here we focus on all the benefits and conditions EOR can bring to the table.
