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If you are looking for a simple and efficient way to manage your global payroll, you might want to check out Deel. Deel is an all-in-one HR platform for global teams that helps you hire, pay, and manage employees and contractors anywhere in the world. Whether you have a domestic team or a growing worldwide workforce, Deel can help you streamline your payroll processes, stay compliant with local laws, and save time and money.
What is Deel, A simple overview?
Deel is a global HR platform that simplifies every aspect of managing a global team, from hiring and onboarding, to payroll and compliance. Deel was founded in 2019 by Alex Bouaziz and Shuo Wang, who noticed a problem among their friends: they couldn’t get high-paying jobs they were qualified for due to visa issues and local labor laws in other countries. They decided to create Deel to make it easier for companies to hire anyone, anywhere in the world, without opening legal entities or dealing with complex paperwork.
Deel has grown rapidly since then, with worldwide customers, including Shopify, Nike, and Cloudflare etc.. Deel has also expanded its product offerings beyond hiring to include features such as benefits, equipment, visas, co-working access, integrations, and more. Deel’s mission is to empower businesses and workers to access new opportunities and work together seamlessly across borders.
How does Deel work?
Deel works by providing you with everything you need to hire, pay, and manage your global team in one platform. You can choose from three types of workers: contractors, EOR employees, and direct employees.
- Contractors are independent workers who are not employed by your company. You can work with contractors anywhere in the world with built-in compliance, automated invoicing, and effortless global payments. You can also offer them country-specific benefits at competitive rates.
- EOR employees are workers who are employed by one of Deel’s 100+ entities worldwide. You can easily hire and pay employees where you don’t have entities with Deel’s worldwide infrastructure. Deel handles taxes, benefits, payslips, and any other local government fees for you.
- Direct employees are workers who are hired through your own entities. You can quickly onboard and pay direct employees to consolidate your payroll processes. Deel also helps you with compliance, benefits, equipment, and more.
What are the benefits of using Deel?
Using Deel can bring you many benefits for your business and your team. Here are some of them:
- Save on your tech stack with one HR and payroll platform
- Reduce onboarding time to just 5 minutes
- Eliminate errors and duplicate work with one process
- Get a holistic view of employer costs, headcount, and churn
- Give your whole team a consistent experience
- Tap into the most extensive coverage on the market and hire anywhere in 5 minutes
- Stay compliant with local laws abroad without hassle
- Pay your workers in their preferred currency and method without fees
- Offer your team competitive benefits and perks
- Support your team with visa assistance and co-working access
- Automate any process and sync data with advanced integrations
How to get started with Deel?
If you are interested in using Deel for your global payroll needs, just visit Deel’s website and sign up for an account. You can also request a demo or contact their sales team for more information.
