Global Employment
How Ironhack uses Lano to manage and pay global talent
Learn how Ironhack uses Lano to employ team members for their international software development and design bootcamps.
<5 Min
To approve expenses and pay foreign employees
2
Weeks to onboard new employees with Lano
1
Platform to hire, onboard, and pay foreign employees
"Having one platform to onboard, manage and pay our remote employees made our talent strategy effective."
Adrià Baqués
VP of Operations
About Ironhack
Founded in 2013 in Madrid, Ironhack is a globally acclaimed Tech School that has been the starting point for many of today’s top engineering talent. They are known for their high-quality boot camps which give aspiring developers the ability to learn new skills or make a shift in their career towards tech, specialising in Web Software Development, UX/UI Design, Data Analytics, and Cybersecurity.
With eight campuses worldwide, aspiring tech enthusiasts have the opportunity to live and work in some of the most thriving tech cities. With the world shifting more towards a remote approach to content and work, Ironhack viewed this as a prime opportunity to adapt their model. They aimed to become remote-first and create remote teams in countries where they previously didn’t have a presence.
Challenge
Flexible international expansion with minimal bureaucracy
Ironhack had two challenges that they were trying to tackle with a global employment solution. First, they wanted to transform their organization into a remote first company, meaning that they wanted to open up the opportunity to hire talent from anywhere regardless of whether or not they had an entity there. This way Ironhack could have access to the best talent for their needs and have a simple way of validating whether or not it could make sense to open a new entity in the future.
The second consideration was how to hire remotely to meet the demands of their new remote-only course offering. In the past, the team only offered in-person learning, but due to COVID19 the team decided to use this as an opportunity to create a new offering that would serve as an alternative to in-person learning.
Solution
Validate new approaches with a global employment solution
With Lano, Ironhack quickly hires and onboards new employees to help realize their goals of growing globally. In addition to having a simple platform where teams can manage the hiring and onboarding of new employees, Lano offers a straightforward way to make payments to foreign employees, without ever leaving the Lano platform.
The transition to using Lano was a smooth one. Ironhack had several candidates in mind that they wanted to hire who were based in the United Kingdom and Italy. After finding these candidates, Ironhack initiated the official hiring process with Lano. The team received a cost breakdown of how much it would cost to hire these employees within 48 hours. Working with their dedicated Lano Account Manager, it was easy to onboard these new employees within 2 weeks of the initial offer.
By paying employees and managing salaries of all foreign employees with Lano, Ironhack simplified the processes related foreign employees to within a single platform. This ensures workflows are straightforward and removes the need for manual work. The Lano Wallet enables Ironhack to make payments with competitive foreign exchange rates, keeping their costs lower than many traditional banks.
Lano is transparent about the fees and prices and the rate that is shown at the time of payment is what will be charged to your account. Clarity on pricing, in tandem with the low foreign exchange rates, makes using the Lano Wallet a for payments to their foreign employees a clear choice. The overall transparency around prices and processes gave Ironhack peace of mind that Lano was the best choice to help build their global employment strategy.
Results
Onboard new employees within 2 weeks using Lano
With Lano, Ironhack hired employees internationally quickly and efficiently without opening entities or getting caught up in complex compliance processes. This enabled the team to have access to new, global talent pools and validate whether or not these two new approaches of creating a remote offering and moving the team to remote-first were feasible for their model. In addition to hiring, Lano helps simplify the processes around payroll and payments in a single platform. This level of flexibility is key for Ironhack to match the current trends in work but also to attract the highest quality talent no matter where they are.
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