# Rise Works > Modern Payroll ‍for the Global Workforce Rise Works is a global payroll and contractor compliance platform. It helps businesses hire and pay contractors and employees across many countries in local currency or crypto. Rise Works is a global payroll and contractor compliance platform that helps businesses hire, onboard, and pay international talent. It combines identity verification, contract generation, and tax documentation with flexible payout options so companies can compensate workers in local currency or digital assets. The platform serves finance and HR teams, remote-first companies, and Web3 organizations that manage distributed teams without establishing local legal entities. The platform addresses the gap between traditional payroll infrastructure, which was not built for international contractors or digital-asset payments, and newer crypto-native tools that often lack compliance safeguards. Companies can send compliant contracts, automate onboarding checks, and run payroll from a single dashboard covering both fiat and crypto treasuries. Rise is registered as a money transmitter and is regulated as such, and it publishes information about its security and privacy certifications. Core offerings include Global Contractor Pay for onboarding and paying international contractors, an Employer of Record service for hiring full-time employees abroad without a local entity, and a Direct Payroll product for domestic employees with daily payout options. Users can fund payouts and withdraw in local currency or a range of supported cryptocurrencies. The platform is used by finance and operations teams, legal and compliance functions, HR departments, and decentralized organizations managing globally distributed contributors. - Type: Company - Sector: Payments - Status: Active - Founded: 2019-08-01 - Profile: https://thegrid.id/profiles/rise_works ## Products - [Rise Pay](https://thegrid.id/profiles/rise_works): Rise Pay is a payroll platform that processes payments to global contractors and full-time employees in local currency or stablecoins. It combines contractor onboarding, tax documentation, compliance checks, and flexible payout scheduling with funding in fiat or stablecoins, settling through blockchain-based smart contracts. Businesses use it to run recurring, milestone, or one-time payroll across multiple countries, and workers withdraw earnings in their preferred currency or crypto asset. The platform also lets balances earn yield through an integrated decentralized lending feature without requiring separate self-custody or bridging steps. (Payroll, Live, Main Product) - [Rise ID](https://thegrid.id/profiles/rise_works): Rise ID is a blockchain-based professional identity system built on ERC-725 smart contracts deployed on Arbitrum. It stores verified KYC and KYB status, work history, and credentials in a reusable digital identity that also functions as a wallet for initiating payments. Employers, contractors, and platforms accepting Rise ID use it to skip repeated identity checks and authorize payroll transactions securely. (Decentralised Identity, Live) - [Employer of Record](https://thegrid.id/profiles/rise_works): Employer of Record is a legal employment service that lets companies hire full-time staff internationally without establishing local entities. It handles employment contracts, benefits administration, payroll funding in fiat or stablecoins, and compliance with local labor and tax law. Businesses use it to expand into new countries quickly while Rise manages employer-side legal and administrative obligations. (Legal Service Provider, Live) - [Agent of Record](https://thegrid.id/profiles/rise_works): Agent of Record is a compliance service that acts as the legal contracting party for independent contractors on behalf of client businesses. It manages contractor agreements, classification checks, tax documentation, and payment funding in fiat or stablecoins, reducing misclassification risk for hiring companies. Businesses operating in jurisdictions with strict worker-classification rules use it to engage contractors across many countries without direct contractual exposure. (Tax tooling & Accounting, Live) ## Links - [Main](https://www.riseworks.io) - [Documentation](https://docs.riseworks.io) - [Blog](https://www.riseworks.io/blog) - [Privacy policy](https://www.riseworks.io/privacy-policy) - [Terms of Service](https://www.riseworks.io/terms-of-service) - [Twitter / X](https://x.com/rise_pay) - [LinkedIn](https://linkedin.com/company/riseworks) - [GitHub](https://github.com/riseworks) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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