Version updates and improvements to Panther.
Panther is already the easiest way to hire talent wherever in the world they live, and now we are launching a feature that lets you bring on contractors just as easily. This platform extends the power of global payroll and compliance automation to your entire workforce, regardless of status. However you choose to hire, we're here to help.
You can now create fixed-rate contracts and invite contractors. Fixed-rate contracts are great when you need to pay a contractor at a fixed recurring rate eg. $1,000 every month.
You can define the contract name, scope, start date, end date, as well as the recurring payment rate and the date of payment.
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Once you've created a contract, you can review that contract or share it with your teammates for approval. Once you are ready to share the contract with your contractor, you can invite them to the contract with a single click.
Once you've reviewed your contracts and invited your contractors, you can sign your contracts with a single click.
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You can cancel any contract that hasn't started yet. You can also terminate contracts after they have started. The default contract termination notice is 10 business days. Contracts with a pre-set end date will terminate automatically on the end date.
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You can view your due contracts and pay your contractors at any time. We'll also let you know whenever a contract is due.
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View and download invoices for any due contracts, or find your receipts for paid contracts in your payment history.
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3 new healthcare plans for your employees based out of the US are now available. You can either select a plan during the hiring process, or add one later from the employee's profile in the Benefits tab.
You can now access the employer obligations information for each of your employees. These will vary based on the country of tax residence of your employee, and are shown in the Compensation tab on the employee's profile.
If you are an account admin, you will now receive a payroll reminder email 2 days before we automatically run your payroll. This should give you enough time to review your payroll, and make any final changes if needed.
It is now super easy to select a job title if you've already created without typing it in, and create new ones as well. Best part is, all of the job titles you've added are accessible for all of your account admins, making the hiring process even faster than before.
Our healthcare plans now feature lower prices and improved benefits for your employees! Have a look at our updated healthcare brochure for more details on the plan updates.
You can now enter the employee's manager information when onboarding the employee or straight from their profile. If the manager information is missing, you will see a notice on the top of the employee's profile asking you to fill it in.
You can now end/remove compensations from the employee's profile, or cancel pending requests for new compensations.
You can now hire employees with more flexible start dates.
Expand the rows in the payroll page to see a breakdown on the employee's salary and compensation.
From now on, when you are requesting a salary change for an employee, or adding compensation, you will be able to specify an amount in the employee's local currency as well as your invoice currency.
Last month we updated the hiring process to include the employee's local currency and your invoiced amounts when you enter a salary.
This week we're migrating to our own FX service for more regular updates on currency exchange rates.
You will now be able to see all of your company admins listed in the "Company Details" page.
This month Panther changed to the new panther.co domain (from the old withpanther.com). And while we're making sure all links are updated, some may slip trough the cracks, while others may not be redirecting correctly. If you are having trouble logging in to your account with the old link, please use this one:
https://app.panther.co/auth/log-in
You can now view your employee's profile, where you have access to their personal information, onboarding status, compensation, and benefits details. Payslips and document management are coming soon!
Your company will now have a default Invoice Currency set to USD. You will be able to change this from your Company Details later on as we add support for more currencies.
You will now be able to enter the employee's salary in either your invoice currency or in the employee's local currency based on their country. We'll do the math for you.
Below the salary input, you can now also see the employer's obligations based on the employee's country and their gross annual salary.
You will now be able to add additional compensation (e.g., bonus, allowance, expense, etc.) to any of your employees from the Compensations tab on their profile in the form of one-time or recurring compensations. You can also apply the compensation to the current payroll cycle (if it's before the 25th of the month) or plan it for a future payroll cycle.
Additional compensations are pending by default until one of our customer success reps has approved it. When it happens, the "pending" icon will no longer show up next to that compensation.
If your employee lives in a country where they are not eligible for one of our healthcare plans, we'll let you know during the New Hire process.
You can also add healthcare plans to your existing employees from the Benefits tab on their profile. If the employee is not eligible, we'll let you know.
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We've been working hard on making v1.0 happen, and it's finally here! Here's what's in the first version of Panther:
Customers can now onboard employees in a couple of minutes. Just fill in their basic information and details about the job position, and let us do the magic.
To learn more about remote hiring and onboarding employees, visit our help center.
A single button packed with magic. Run payroll by clicking a single button, or let us run it for you automatically on the 25th of each month. You deal with a single currency, and everyone on your team is paid in their local currencies.
To learn more about running payroll, payments, and invoicing, visit our help center.
Your personalized global payroll dashboard keeps track of the information that matters. Stay up to date on your team statistics, payroll history, upcoming payments, and the status of onboarding members.
Panther was #5 product on Product Hunt on Feb 17, 2021 with over 340 upvotes!
We are deeply grateful for everyone at the PH community who shared feedback and support.
