As the curtain falls on 2023, there’s no time like the present to reflect on a year that’s been nothing short of extraordinary. Multiplier has had a super productive and exciting year, driving innovation in the global employment space while simultaneously facilitating global expansion and economic growth with a record-breaking 104 direct entities. But that’s not all.
Let’s reflect on our best bits from 2023.
We onboarded 5K employees
We created 5000 employment contracts, enabling businesses to onboard the best available talent from 150+ countries. In the process, we completed a staggering 300,000 payslips! Every business should be able to bolster its workforce with incredible, diverse professionals with the skills they need to succeed. We’re honored to play a role in such a crucial aspect of the working world.
Team Multiplier grew to over +400
In 2023, we experienced a fantastic year of growth and expansion. Our workforce increased to more than 400 employees spanning 55 countries and counting. We take great pride in our exceptional team, where each member supports one another and embodies our three key cultural tenets: trust, transparency, and thoroughness.
Our commitment to these principles is unwavering, reflecting our dedication to excellence and being an employer of choice.
Multiplier direct entities grew to 104
Beyond our ever-expanding workforce and community, we’re excited about our global expansion through direct entities. We now have 104 direct entities, with seven more already in the pipeline for early 2024.
That’s more than any of our competitors! 🥇
Establishing entities in other countries means a lot to us here at Multiplier, as it supports diversity, global employment, and economic growth. Yes, we help businesses find the best talent, but we also ensure people and communities all over the world have access to vital opportunities to grow and prosper.
We welcomed 1000 new customers this year
We’re proud to announce that we’ve served 1000 new customers this year, a testament to the quality of our services and the dedication of our team. As the business world continues to evolve, we’re proud to enable global expansion and support economic growth.
5-star service
Our commitment to delivering excellent service has been recognized by our customers, with 433 five-star reviews on G2. We can’t thank you enough for your continued support and positive feedback.
And the award goes to…
Multiplier won more awards this year, further demonstrating our employees’ hard work and dedication. Although we see it daily amongst our teams, awards play an important role in recognizing and celebrating our people’s achievements.
In the G2’s Employer of Record (EOR) category, Multiplier was named a leader and awarded badges for “Most Implementable” EOR and “Best Support” in our category.
We attended 14 global events
When we say we have a global presence, we mean it. This year, we attended 14 global events across six countries, including Unleash World Paris, HR Tech Singapore, Unleash US, and Collision Canada.
Meeting new people, immersing ourselves in other cultures, and celebrating the working world at events is a genuine pleasure. We look forward to attending as many events as possible in 2024. See you there?
We love our community
This year, we’ve seen impressive growth in our digital community. We’ve welcomed 86,880 new followers across all platforms, bringing our total follower count to over 183k. These platforms have generated an astounding 24 million impressions.
Additionally, we’ve engaged with our community through 9 webinars, five in-person events, and 6 LinkedIn Lives.
We can’t thank you enough for your support. 🙏
We launched 40+ features and enhancements
In 2023, we continued our mission to simplify global employment by introducing 40+ new features and enhancements along with some notable product launches.
Including:
New products
Agent of Record
Multiplier’s Agent of Record (AOR) is a trusted solution for hiring and managing independent contractors. From generating order forms to handling legal agreements, invoicing, payments, and more, we handle administrative tasks, allowing clients to prioritize what truly matters – growing their business.
Global Payroll
Our cutting-edge Global Payroll solution simplifies and streamlines payroll activities. Clients benefit from a risk-free and compliant system that effortlessly calculates multi-country tax, benefits, and compensation. A unified, sustainable, and user-friendly payroll solution like no other.
New features
Payroll View for Employers
The Payroll View offers unmatched control and visibility, ensuring clients have a comprehensive overview of their entire payroll. This empowers them to stay well-informed throughout each pay cycle, resulting in accurate and timely employee salary payments.
Employee Onboarding Awareness
Onboarding awareness offers clients a clear, step-by-step visibility into their progress, enabling them to anticipate and overcome any potential delays or challenges. This visibility empowers users to grasp completed steps more effectively and proactively address any issues that may arise during the onboarding process.
2023 hiring trends
Companies worldwide, from small businesses to large corporations, use Multiplier’s platform to facilitate efficient and compliant global expansion. Throughout the year, we gather hiring data for all the businesses we help to grow. Here are a few cool things we learned in 2023:
- Top countries: Multiplier is the market leader in APAC! We’ve seen a significant amount of our hiring happen in The Philippines, accounting for almost 22% of all overseas hires. 🇵🇭 However, India is in hot pursuit with more than 18% of hires. 🇮🇳
- Top skills: Skills are in high demand amidst the talent crunch, and tech roles show no signs of becoming less crucial. We’ve noticed the demand for Engineering, Product, and Data (EPD) skills remains high, making up 28% of all hiring. Followed closely by management roles (21%).
- Roles and regions: Fun fact—most EPD hires were for businesses in the US recruiting skilled workers from APAC countries. We love helping companies find the best talent regardless of their location, and APAC workers continue to demonstrate their skills and value for global employers. 🇺🇲🌏
- Top Roles: Our services have been particularly effective in helping companies find software engineers, a role we’ve filled more than any other. In the digital age, roles such as this are vital for business growth and innovation—so it pays to have the tools you need to hire globally. 🧑💻
We’ll see you in 2024
As 2023 comes to a close, we’re overjoyed and grateful for the year that’s passed and excited for what’s ahead. It was a year of highs, lows, achievements, and challenges for businesses and the world. Multiplier continued to grow as a company, a workforce, and as a leader in global employment.
We’re looking forward to the future, and our teams eagerly await a bigger and better 2024. It wouldn’t have been possible without the hard work of our dedicated team members, leaders, and (of course) our incredible clients.
If you thought 2023 was a good year… watch this space. 🚀
