Deel has quickly become one of the most notable platforms in the global HR and payroll space, catering to businesses of all sizes. With a focus on simplifying remote workforce management, Deel offers a suite of services designed to help businesses hire, pay, and manage employees and contractors across the globe. Here’s a comprehensive overview of Deel’s services and company profile.
Company profile
- Founded: 2019
- Headquarters: San Francisco, California, USA
- Founders: Alex Bouaziz and Shuo Wang
- Industry: Global HR and Payroll Solutions
- Target audience: Businesses with remote or global workforces, ranging from startups to enterprises.
Deel has experienced rapid growth since its founding, with a mission to make remote work accessible and seamless. The company has attracted major investments from notable venture capital firms and has expanded its services to over 150 countries.
Overview of Deel services
Deel provides a comprehensive platform that combines HR, payroll, compliance, and contractor management into one solution. Below is a breakdown of its core offerings:
1. Global payroll solutions
Deel allows businesses to pay employees and contractors in their local currencies, streamlining payroll across multiple countries. Its platform supports over 120 currencies and ensures compliance with local tax laws and regulations.
Features:
- Automated payroll processing.
- Tax and compliance management.
- Currency conversion with competitive exchange rates.
- Integration with existing HR systems.
2. Employer of record (EOR) services
Deel’s EOR service enables businesses to hire full-time employees in countries where they don’t have an entity. Deel acts as the legal employer while the employee works for the business.
Benefits:
- Handles employment contracts, tax filings, and benefits.
- Fully compliant with local labour laws.
- Simplifies global workforce expansion.
3. Contractor management
For businesses hiring freelancers and contractors, Deel offers tools to create legally compliant contracts, manage invoices, and process payments.
Key features:
- Customisable contract templates tailored to local laws.
- Automated invoice generation.
- Payment in various methods, including bank transfers, PayPal, and cryptocurrency.
4. HR and compliance tools
Deel’s platform includes a range of tools to ensure compliance with labour laws across jurisdictions. This is particularly beneficial for businesses expanding into new markets.
Capabilities:
- Pre-vetted legal templates for employment agreements.
- Local compliance support.
- Built-in tax calculators.
5. Benefits management
Deel enables businesses to offer competitive benefits packages to their global employees, including health insurance, pension schemes, and equity options.
Advantages:
- Tailored benefits based on location.
- A wide range of plans to suit business needs.
- Simplified benefits administration.
6. Onboarding and offboarding
Deel streamlines onboarding and offboarding processes for both employees and contractors. The platform ensures compliance with regional laws while providing a smooth experience.
Process highlights:
- Automated workflows.
- Digital contract signing.
- Access to employment and tax documentation.
Deel pricing
Deel’s pricing is transparent and varies based on the services chosen:
- Contractor management: Starting from £39 per contractor per month.
- EOR services: £400-£600 per employee per month, depending on the location and complexity.
- Customised solutions: Available for enterprises with large-scale or unique needs.
Additional costs may apply for benefits administration or specific legal consultations.
| Service | Description | Starting Price (per month) |
|---|---|---|
| Contractor Management | Provides locally compliant contracts, automated invoicing, bulk payments, and compliance support for contractors in over 150 countries. | $49 per contractor |
| Employer of Record (EOR) | Enables hiring of full-time employees internationally without establishing a local entity, handling payroll, taxes, benefits, and compliance. | $599 per employee |
| Global Payroll | Manages payroll for employees across multiple countries, ensuring compliance with local tax laws and regulations. | Custom pricing |
| US Payroll | Facilitates payroll processing within the United States, including tax filings and compliance management. | $19 per employee |
| US PEO | Offers comprehensive HR, payroll, and benefits management for US-based employees, ensuring compliance with state and federal laws. | $89 per employee |
| Deel HR | A free global-first HR platform designed to scale with your business, offering tools for managing global HR operations. | Free |
| Deel Engage | Includes performance management, learning management, and career management tools to drive employee engagement and growth. | $20 per employee |
| Deel IT | Provides IT onboarding, offboarding, device lifecycle management, and app management services. | $99 per month |
| Immigration Support | Assists with employee relocation, visa sponsorship, and compliance across multiple countries. | Custom pricing |
Pros and cons of Deel
Pros:
- Simplifies global hiring with compliance built in.
- Supports payments in a wide range of currencies and methods.
- Transparent pricing structure.
- Intuitive platform with excellent user experience.
- Scalable solution for businesses of all sizes.
Cons:
- Costs can add up for large teams or complex operations.
- Limited support in some smaller markets.
- Dependence on Deel for compliance could pose challenges if switching providers.
Why choose Deel?
Deel stands out as a one-stop solution for businesses seeking to expand globally or manage remote teams. Its robust compliance features, user-friendly platform, and wide range of services make it an attractive option for companies prioritising global workforce management.
Whether you’re a startup hiring your first international contractor or an enterprise looking to streamline your HR processes, Deel offers the tools and support needed to succeed in today’s interconnected business world.
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FAQ
Deel caters to a wide range of industries, including technology, e-commerce, finance, healthcare, education, and professional services. Its platform is particularly popular among businesses with remote-first or globally distributed teams.
Yes, Deel’s platform is designed to handle compliance for multiple countries simultaneously. This is particularly useful for organisations with employees and contractors spread across various jurisdictions.
Deel adheres to international data protection regulations such as GDPR. It implements robust security protocols, including data encryption, regular audits, and secure access controls to safeguard sensitive information.
Yes, Deel integrates with several popular tools, including QuickBooks, Xero, BambooHR, and Workday. These integrations help streamline payroll and HR management by syncing data across platforms.
Deel supports various payment methods, including bank transfers, PayPal, Payoneer, and even cryptocurrency. This flexibility ensures timely and convenient payments for contractors globally.
Yes, Deel allows businesses to manage equity and stock options as part of its employee benefits offerings. This feature helps companies provide competitive compensation packages to attract top talent.
Absolutely. Deel offers scalable solutions that cater to businesses of all sizes, from startups to large enterprises. Its contractor management and payroll features are particularly beneficial for small businesses looking to hire remote talent.
While Deel ensures compliance with local laws to minimise risks, it does not provide direct legal representation in disputes. However, its compliance team can offer guidance and documentation to support audits or legal processes.
The onboarding process with Deel is quick and efficient. For contractors, it can be completed within minutes, while full-time employees may take a few days, depending on the complexity of local compliance requirements.
Yes, Deel provides 24/7 customer support to cater to businesses operating across different time zones. The support team is available via live chat, email, and a comprehensive help centre.
No, Deel does not charge upfront setup fees. Businesses are only charged based on the specific services they use, making it a cost-effective solution for global workforce management.
Yes, Deel includes clauses in its contract templates to safeguard intellectual property and confidentiality, ensuring that businesses retain ownership of work created by their employees and contractors.
Deel’s strengths lie in its ease of use, wide global reach, and robust compliance support. Its ability to handle complex payroll and tax scenarios across multiple countries sets it apart from other HR and payroll platforms.
Yes, Deel provides immigration and relocation support for employees, including visa sponsorship and documentation assistance, helping businesses relocate talent globally with ease.
Yes, Deel provides businesses with the opportunity to request a demo of its platform. This allows companies to explore its features and assess how it fits their needs before committing.