Deel.com Review: Global Payroll, HR, EOR, and Compliance for Remote Teams

The rise of remote work can be attributed to a variety of factors, including advancements in technology, changing attitudes towards work-life balance, and the desire for flexibility.

And it’s all good.

However, managing remote workers comes with unique challenges.

This is especially true when it comes to legal compliance with employment laws in different countries, payments, and payroll, just to mention a few.

This is where Deel comes in.

Since launch, Deel as a remote work software has streamlined the hiring and onboarding process for remote workers worldwide while ensuring compliance with local labor laws and regulations.

It has become an essential tool for companies looking to succeed in the rapidly evolving world of remote work.

But what can deel offer you, your business, or your remote team? What are the important features that make it a great product for remote, hybrid, and digital nomad teams? Let’s find out.

Before Deel

Before the emergence of platforms like Deel as a remote work software, companies and teams that hired remote workers had to navigate complex legal requirements in different countries. This involved a lot, including;

Spending significant time and resources researching and complying with local employment laws
Dealing with tax regulations
Handling immigration requirements.
Long process of hiring local legal and accounting professionals to help navigate the various legal requirements.
Dealing with the traditional hiring process, which is often time-consuming, with lengthy contracts, multiple rounds of negotiations, and manual paperwork.

The entirety of these processes added significant costs to the hiring process. It delays the onboarding process and hinders productivity.

Ultimately, this could lead to legal and financial risks for companies. Deel as a remote work software, is solving many of the problems.

What is Deel

Deel is a powerful platform designed to simplify and streamline the process of hiring and managing remote employees.

The platform offers a range of tools and features to help companies of all sizes build and manage distributed teams. From onboarding new employees to handling payroll and compliance, there are many features for any team.

Features of Deel’s global/remote hiring platform

From simplifying the onboarding process to providing access to a global talent pool, Deel’s platform offers a comprehensive solution for companies looking to hire and manage remote workers in a fast-paced and ever-evolving work environment.

Let me take you through Deel’s global hiring (HR) platform and its features.

1. Global hiring – EOR

Deel’s EOR and international hiring features are designed to make it easy for businesses to hire and manage global employees. These include:

Access to a global talent pool,
Simplified payroll and compliance
Customizable employment contracts.
Expand your workforce without having to navigate complex local labor laws and tax regulations.
Multilingual support
Country-specific employment contracts

2. Contractor hiring and management

Deel as a remote work software offers lots of tools for teams looking to hire and manage contractors remotely. These include access to a global network of contractors, simplified onboarding and payment processes. It also provides customizable contracts, automatic invoicing and compliance with local laws and regulations.

3. Deel Shield

Deel Shield is a valuable solution for businesses seeking to reduce their risks and liabilities associated with contractor misclassification.

By allowing Deel to classify and hire contractors on your behalf in over 150 countries, your business can eliminate potential legal fines, fees, and reputational damage.

4. Worldwide Visa Support

Deel offers a comprehensive immigration service for companies looking to expand their workforce globally. With a team of in-house immigration experts, Deel streamlines the visa process for employees in many countries. Here are some ways Deel’s immigration service can help startups and businesses:

Simplify the immigration process: Deel’s immigration team handles all the visa admin, from sponsorship to compliance, saving valuable time for HR teams.
Get one-on-one support: Deel’s immigration experts are always available to answer case-specific questions or provide general guidance.
Speed up immigration: With Deel’s help, your company or startup can obtain the proper visa for employees in a fraction of the time it would take to do it in-house.
Streamline US visa process: Deel’s acquisition of Legalpad, a leading US immigration provider, makes it easier for companies to help their team move to the US, whether it’s for a temporary work visa or a Green Card.

5. Background checks for candidates

Deel’s background check service streamlines the candidate screening process, making it faster and more efficient for businesses. Here are some benefits of using Deel’s background check service for startups and businesses:

Simplify the screening process: With Deel, requesting and running a background check on a candidate takes only a few clicks, saving HR teams time and reducing administrative burden.
Quick turnaround time: Deel’s AI-powered technology delivers screening results in minutes, reducing time to hire by around 80%.
Convenient candidate experience: Candidates can easily verify their identity through a mobile or desktop device, track the status of their background check, and access in-app support.
Stay compliant: Screening candidates is critical for businesses to protect their interests and comply with regulations. Deel’s background check partner, Certn, keeps results safe and secure.

Here’s how to create a Deel Account

Deel’s Global/Remote team management features

With Deel’s Global/Remote team management (HR) features, managing a global team has never been easier. Deel as a remote work software streamlines the process, freeing up valuable time for HR teams.

1. Equipment management for remote employees

Deel Equipment helps companies manage and equip their global team with the tools they need to work from home. The platform helps companies equip their teams with different items, including laptops, monitors, headphones, and more. Here’s what it’s all about:

With Deel, companies can ensure a consistent experience when equipping their remote team.
There’s a 360 equipment management, which allows companies to manage the entire equipment lifecycle from shipping and repairs to replacement and collection.
Deel’s equipment partner, Hofy, handles all logistics, including tax compliance, customs, and shipping documents, and offers in-transit loss and damage protection.
Moreover, Deel offers a lifetime device support and expert IT help via Hofy’s Remote IT Service Desk and provides courtesy loaner devices during device repairs.

2. Equity for your remote team

As a remote work software, Deel Equity helps companies provide equity to their global employees with legal and tax support. Here’s a snapshot of what it offers:

With extensive coverage in over 90 countries, there’s guidance on different equity types and it ensures compliance with local laws and necessary reporting.
Deel takes care of payroll and reporting at taxable events, based on the type of equity granted and location.
There are equity experts to provide support remotely whenever needed.

3. A workspace for your team, wherever they are – Deel Workspace with WeWork

Deel as a remote work software, offers an easy way to provide workspaces all around the world for your team. With WeWork All Access, your team can work from hundreds of locations, access high-speed Wi-Fi, meeting rooms, and networking opportunities.

4. Deel Perks

Deel has an array of exclusive discounts and perks from some of the world’s best brands that are accessible wherever you work. These perks can help you save money on everything from electronics to travel, and even food and beverage.

Deel’s Global Payroll

Deel has built a platform for businesses to simplify their global payroll and compliance in over 100 countries. Here’s what you get as a business that want to run a global payroll:

Deel provides unmatched global payroll expertise with in-house payroll experts who can help with local payroll and entity set up.
It offers reliable and fast support, payroll and HR together, and eliminates data errors.
With centralized payroll for 100 countries, Deel handles all things compliance, employee benefits and deductions, salary and tax payments, payslip creation and delivery, localized contracts and documents, and compliant onboarding and offboarding.
Businesses can onboard employees quickly and efficiently by syncing employee details from their HR platform, and Deel offers standardized global reporting to provide new insights.

How to pay your remote team with Deel

Here’s a guide on how to pay your remote team with Deel:

Create an account: Sign up for a Deel account and select the appropriate payment method and currency.
Set up your team: Add your remote team members to the Deel platform by providing their personal and payment details.
Create a contract: Use Deel’s contract templates or create a customized one to ensure compliance with local laws and regulations.
Approve time and expenses: Track your team’s time and expenses on Deel, and approve them for payment.
Process payment: Once approved, Deel will process payment to your team members through various payment options such as bank transfers, PayPal, and more.
Stay compliant: Deel will handle all tax and compliance requirements on your behalf, ensuring that your team is paid accurately and on time.

Deel Pricing and Plans

Deel as a remote work software, offers three different pricing plans: Contractors, EOR Employees, and Direct Employees.

1. Contractors

The Contractors plan allows businesses to hire and pay contractors compliantly in over 150 countries. The plan includes localized agreements, compliance documents collection, multiple payment methods, automated invoicing, and more. The Contractors plan starts from $49 per month.

2. EOR Employment

The EOR Employees plan allows businesses to hire and pay employees through Deel’s owned entities in over 90 countries. This plan includes localized agreements, payroll handling for taxes and deductions, payslips, benefits, time off and expenses, compliance documents collection, and advanced IP protection. The EOR Employees plan starts from $599 per month.

3. Direct Employees

The Direct Employees plan allows businesses to onboard and run payroll for employees hired through their own entities in 90 countries. Deel provides services such as onboarding and offboarding, payroll, benefits, time off and expenses, government declarations, payslips, and more. The Direct Employees plan is available for free.

Deel’s extra features

1. Employee Cost Calculator

The Employee Cost Calculator provides businesses with a precise estimate of how much a potential global hire may cost. It calculates the cost of hiring an employee based on various factors such as social security, injury insurance, and other relevant expenses. This service helps businesses to accurately estimate the cost of hiring employees globally and plan their budgets accordingly.

2. Global Salary Insights

With this, users can explore and compare salaries for different roles in more than 120 countries. By using this service, users can ensure that their job offers remain competitive while staying within their hiring budget. The platform provides valuable insights into the job market, enabling companies to make informed decisions about salaries and attract top talent from around the world.

3. Global Employment Comparison

Using the Global Employment Comparison, you can quickly and simply compare employment costs and laws in more than 80 countries.

The tool enables businesses and remote teams to make educated decisions about hiring and growing their employees in various locations. It achieves this by providing information on things like perks, holidays, the minimum pay, and onboarding timeframes.

It also gives users a thorough grasp of the employment environment in many and different geographical locations. This helps them so they can negotiate local laws and make wise business decisions.

4. Take-Home Pay Calculator

The Take-Home Pay Calculator helps new hires determine their salary after taxes, enabling employers to make competitive global offers while keeping their employees informed.

5. Global Benefits Tool

The Global Benefits Tool assists in selecting the appropriate package by providing guidance on the legal, standard, and competitive benefits in each market.

Why Deel as a remote work software?

One of the key benefits of Deel is its user-friendly interface. The platform is easy to navigate, even for those who are new to remote work or online HR management. From the dashboard, you can quickly access all of the features you need to manage your team, including employee profiles, contracts, and payments.
With Deel, you can create customized employment contracts that comply with local laws and regulations in just a few clicks. This not only saves time, but also helps ensure that your company remains compliant with local labor laws.
Deel also simplifies the process of paying remote employees. With support for over 120 currencies, you can easily pay employees in their local currency. With this, Deel takes care of all of the tax and compliance issues that come with international payments. This makes it easy to manage payroll for distributed teams.
In addition to its payroll and compliance features, Deel also includes tools for onboarding new employees and managing expenses. The platform integrates with great tools like BambooHR, QuickBooks, and Xero, making it easy to incorporate Deel into your existing workflow.

In conclusion, Deel as a remote work software is an excellent tool for managing remote teams. It’s one of the pioneers in HR, Global Payroll, and compliance tools for remote-first teams. This means it’s built and still building some of the best tools out there for remote teams to work together regardless of their location.

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