(I am a HN regular using a temp username so as not to reveal employee info.)<p>My US (tech) company has a South American employee who is suffering from a weakening of their local currency. We pay this person in their currency using an exchange rate from approximately a year ago. S&#x2F;he asked me (the manager) if there is anything we can do to help with the diminished purchasing power that has resulted.<p>We <i>could</i> adjust to exchange rate changes, but there are problems with this, not least that the exchange rate will continue to change, and changes might or might not be in the employee’s favor in the future. We don’t want currency markets to change their compensation all the time.<p>An alternative would be to pay them in USD. My question for HN is: what are the best mechanisms for this, and what are the legalities?<p>Pointers and personal experiences are welcome. I will not interpret answers as legal advice. Thanks.
Ask HN: Paying international employees in USD