Deel is one the leading global human resource (HR) and payroll platforms in the entire world. With world-class software and intuitive software, Deel provides a ton of benefits for companies with global multifaceted workforces. They offer a platform used by over 20,000 businesses, ranging from small startups to well-known brands. However, is it right for you? Let’s break it down.

What is Deel?

Deel is an HR and payroll platform that can handle the entire employee process from hiring to retirement. Specifically, Deel is one of the only companies that makes hiring global workers easy, and without having to have specific entities in other countries. Deel handles such services as:

Hiring employees

• Hiring in 100+ countries
• Compliance management with handling contracts, minimum wage, terminations, and local laws.
• Run payroll, and manage tax deductions, pensions, and benefits.
• Streamlines HR processes: onboarding, payroll, and time off.
• Localized onboarding for different countries.
• Global background checks in 200 countries contained in the Deel software.
• Deel is GDPR compliant, SOC 2 compliant, SOC 3 compliant, and ISO 27001 certified.

Payroll Services

• Run payroll processing in 100+ countries.
• In-house experts to help you process payroll across countries.
• Handle services like PTO, visa support, expenses, and more all in one application for a simplified process.

Hiring and Onboarding Contractors

• Keeping you compliant with local labor laws.
• Automated invoices for contractors.
• 15 Different payment methods include cryptocurrency.
• Can provide contractors with benefits like health insurance.

Misclassification Protection

• Deel will help you prevent 100% misclassification of global workers
• Assesses correct classification of the workforce.
• If misclassification occurs, Deel accepts legal liability as they will perform the hiring and HR admin on your behalf.

Immigration and Visa Support

• Deel will handle the visa applications in over 30 countries.
• In-house expert support for immigration-related queries.
• Integrates Employee of Record (EOR) services with visa sponsorship.

Equipment Management

• Manage employee equipment orders within Deel.
• Prices include shipping, customs, and exchange rates.
• Global delivery to 150+ countries with in-transit protection.

Equity Management

• Deel will handle all payroll and taxable reports and events based on the equity you grant.
• Offers legal and tax support for international equity management. Deel simplifies this process.
• Guidance on the following equity types such as NSOs, RTUs, RSUs, SARs, and Phantom Stocks.

Co-Workspace

• Provides access to coworking spaces worldwide through a partnership with WeWork.
• The spaces contain high-speed WIFI, conferencing A/V tools, hot desks, phone booths, and lounges.
• Can help the onboarding process with designated spaces.

PEO (Professional Employer Organization) and US Payroll Services

• Manages payroll, benefits, and HR for US teams, reducing administrative burden.
• Provides benefits, health insurance administration, and overall compliance.

Benefits of Using Deel

Deel is a large organization with an abundance of resources and staffing to help your company reach its highest potential. This company is a one-stop shop for all of your HR and payroll needs. Here are some of the top benefits you receive when partnering with the Deel platform:

Streamlined Global Expansion:

Deel’s EOR services allow businesses to hire personnel in more than 150 countries without the need to establish local corporations, considerably lowering the time and expense of global expansion. Deel’s knowledge of local laws and regulations across jurisdictions guarantees that recruiting and payroll methods are lawful, reducing legal risks for firms.

Operational Efficiency

Deel consolidates full-service payroll, human resources, and compliance responsibilities into a single platform, automating procedures that formerly required manual involvement and numerous tools, saving time and decreasing errors. Deel also has the ability to integrate with 3rd-party applications, so even if you do need something, you can transition to the new platform without skipping a beat. Deel’s partnerships with providers such as Hofy and WeWork provide seamless administration of equipment acquisition and access to coworking spaces, reducing time and effort in getting employees to work.

Cost Reduction and Transparency

Deel reduces operating costs for businesses by reducing the need for several providers and platforms for payroll, human resources, equipment management, and workspaces. Everything can be contained in one platform. You can also move with lightning speed to onboard employees with the tools they need. Deel’s simple pricing structure for its services provides better transparency for companies and managers. Pricing doesn’t have to be complicated with Deel.

Access to a Global Talent Pool

Deel’s global network enables businesses to access a vast talent pool. Find the top people regardless of location. Deel can also help you offer competitive pay packages including equity management and access to coworking spaces. This helps you enhance the employee experience and keep retention high!

Risk Mitigation

Deel Shield provides an additional layer of protection by ensuring that contractors are correctly classified as workers, safeguarding organizations from potential fines and legal concerns. Not only that, but they will take on the liability if an employee is misclassified.

Flexibility and Scalability

Whether a company wants to hire a single contractor or rapidly expand its global workforce, Deel’s platform is built to scale across continents and countries, making it a vital resource for companies trying to run a lean operation. Deel supports the growing trend of flexible work arrangements by offering companies remote work options, including equipment and workspace solutions, which help companies scale even without office space.

Enhanced Employee Experience

Employees can be onboarded in minutes and have a user-friendly platform to navigate to figure out their PTO or benefit needs. With simplicity, employees and employers can move quickly and find the information they need.

Why Companies Should Use Deel?

While there are many benefits to using Deel, are they right for you? That depends on a couple of key factors. You should use Deel if you are invested in:

Global expansion: Deel allows businesses to easily enter new markets by employing employees and contractors without the need to establish local legal entities, drastically decreasing the time and expense of global expansion.

Compliance coverage: Companies that use Deel Shield can safeguard themselves from the risks of misclassification and other legal difficulties, providing peace of mind and security in global operations.

Streamline administrative process: Deel greatly decreases the administrative load by unifying payroll, human resources, benefits administration, and compliance into a single platform, allowing businesses to focus on core company operations.

Need specialized workforce: Looking for the best of the best no matter where they come from? Deel makes this process easy and helps you hire and onboard with simplicity. The only thing holding you back is finding the right candidate.

Those looking to provide a better experience: Flexible work arrangements, streamlined onboarding, and access to benefits contribute to a positive employee experience, enhancing satisfaction and loyalty, which are crucial for retaining top talent.

24/7 Customer Service: Looking for better service that can help your business even across continents? Deel offers 24/7 customer support across nations and time zones.

Pricing of Deel Services

Deel offers custom pricing for it’s services because they are so multifaceted and companies need specialized pricing for the services they offer.

The value you get for using Deel is exceptional and can be well worth its price alone if it helps you navigate international law. Want to find out more about Deel? Check out their services here