Deel Review – The All-In-One Global Employment Platform

Deel provides hassle-free recruitment and payroll solutions to companies that want to expand their business overseas and need assistance with HR operations.

With Deel, they can easily manage their global workforce and process core functions without investing resources in physical offices or branch setups.

If you’re exploring Deel for your company, check out this guide. Here, I have shared a detailed review of the platform, covering its main features, pricing, and pros and cons. 

What is Deel?

Deel enables you to hire and pay overseas workers.

It’s a digital HR service provider that delivers self-service technology and in-house admin support to manage international recruitment and global payroll remotely.

Whether you want to hire someone from another country, engage independent contractors for temporary projects, or send payment to your employees’ local accounts, Deel can help you with all of the above.

You can connect Deel with your accounting software or integrate it into your company system to tailor and streamline your workflows.

Plenty of add-ons are also available on Deel to get extended features and services. For instance, you can purchase mandatory and optional perks for the staff directly from the platform and deliver them with the monthly salary.

Top services you can get from Deel;

• EOR services.
• Contractor Management.
• Multi-country payroll.
• PEO service for US employees.
• Visa and Immigration assistance.
• Self-service HRIS platform.

Deel has attracted 15,000+ businesses from all around the world since its launch in 2019. It owns legal entities in 100+ countries and has connections with local experts to handle country-specific regular and compliance matters.

How Does Deel Work?

Deel’s is entirely online. All it takes is creating an online account on the digital platform via the official website, and you can immediately start using its products and services.

The basic signup process for employees and clients is more or less the same. If you are a client, simply click the Log In button at the top corner of the landing page and fill out the initial forms.

After logging in, you can invite employees, process onboarding, and manage payments online.

Any employee and contractor you hire will receive an onboarding invitation via email and will go through the sign-up process. Here’s detailed information on account creation.

There’s a possibility you’d be asked to provide both business and personal details for verification to unlock all features. As a payroll platform, Deel works with various financial partners and has created a strict process to protect itself from unlawful activities. 

Once verified, you’ll get access to Deel’s App Store and payment methods.

Why Should You Choose Deel?

Deel simplifies global recruitment and payroll for you.

Companies, on average, purchase around ten tech solutions to manage their hiring cycle. Many find automation an efficient way to run operations and invest in technology to optimize the workflows. 

While the idea is good in theory, multiple systems often result in disorganized workflows, increasing the risk of errors. For global businesses, a small mistake in classification or compliance can turn into an expensive and time-consuming problem.

Deel provides a well-structured system to manage global employees. The platform is specifically built for remote teams, offering simple ways to handle complex processes without engaging ten different experts for accuracy.

Through Deel, you’ll get all the necessary tools to centralize your local and international HR operations and oversee them from one place.

Deel Features

Deel’s main products are recruitment and payroll, but it also offers several features and services for workforce management.

Here, I have reviewed its primary products, add-ons, and integrations to highlight its core functions.

1. EOR Services

Employer of Record—EOR—is an HR administration service that involves hiring permanent employees from other countries.

The service includes recruitment, onboarding paperwork, time and expense, salary disbursement, and offboarding. Deel acts as a legal employer on your behalf, allowing you to enjoy all the benefits without tangling in compliance and regulatory matters.

EOR service fee is typically charged during the contract creation process. Anytime you submit recruitment requests, Deel calculates your EOR service rates and generates a quote to help you determine the cost of hiring before initiating the onboarding process.

You can also see standard country-specific recruitment costs on Global hiring guides. It’s available on Deel’s official website.

EOR Product Features;

• Legal contract creation.
• Employee onboarding process.
• International payroll.
• Tax collection and filing.
• Intellectual property security.
• Benefits administration.
• Background checks—available for the US and Canada.

2. Contractor Management

Contractor Management product is ideal for those who want to build a global team without taking on employer obligations. With this product, they can onboard and pay overseas freelancers for temporary and long-term projects.

This service covers onboarding, international payments, expense management, and invoices. 

You can create legally binding agreements, set up payment workflows, and keep a paper trail for documentation. 

For international transactions, reimbursements, and bonuses, you’ll get around 15 different payment gateways and a Deel expense card.

The best thing about the contractor package is its flexibility. As contractors are generally categorized as independent workers and not applicable to perks afforded to permanent employees, you don’t have to provide benefits.

The drawback of contractor recruitment is misclassification risk. In some countries, misclassification of a worker can cause heavy penalties. 

To protect you from such penalties, Deel provides a premium option for a little extra fee. It would enable you to onboard contractors legally.

One other good thing about the contractor product is its payment option. You can set up your payment cycle based on your budgetary needs. Deel supports all the basic methods, including recurring, pay-as-you-go, and milestone-based fees.

Contractor Product Features;

• Legally binding agreements.
• Worker classification service.
• Invoice generation.
• Time off recording.
• Multiple withdrawal gateways, including crypto.
• Deel Card for expenses.
• Advances and early withdrawal options.

3. Global Payroll

Global payroll is one of Deel’s core strengths. With this product, you can set up a stable payroll system for overseas workers and seamlessly disburse monthly salaries and contractor fees in local currencies.

The platform supports international payments in 100+ countries and allows customization to send odd payments with the monthly salary, like bonuses and reimbursements.

Onboarding, payroll processes, tax filing, and benefits administration are all managed by an in-house team. You can upload and review your payroll with a few clicks and send monthly payments in bulk via one invoice.

For US-based employees, Deel offers PEO services. It gives you the flexibility to manage local and international payroll from one place.

You can switch any employee from EOR to Global payroll anytime without restarting the process. If you need help with something, Deel advisors are available for consultation.

Payroll Product Features;

• Onboarding and offboarding.
• Multi-country payroll.
• Benefits and taxes.
• Compliance management.
• Payslip generation.
• Central dashboard and reporting.
• Equity incentives management.

4. Integrations

Deel supports third-party integrations and provides API for customization. You can connect Deel with several HR, accounting, and hiring tools to synchronize data and streamline your workflows.

Deel has also recently introduced a new product called “Engage” that lets you add your Slack account to the platform. Using this plugin, you can manage day-to-day operations, like onboarding training, PTO, and surveys, directly from your Slack channel.

Top Integration Options;

• Quickbooks, Xero, and Netsuite accounting apps.
• BambooHR and Bob for HR administration.
• Greenhouse and Ashby recruitment software products.
• Slack plugins for communication, requests, and task assigning.
• API for data syncing and automation.

5. Add-ons

Deel sells several optional add-on services with the core products. It has partnership deals with various global vendors and connections to local government bodies to deliver additional services to clients.

For instance, you can purchase and ship equipment to overseas employees and rent shared workspaces for remote teams. 

If you have hired someone from your own resources, you can run background checks on Deel. (This feature is available for the US and Canada at the moment.)

You can also sponsor your employees through Deel. It offers visa and immigration assistance to help relocate employees to 25 selected countries. Here’s a list of countries and services Deel supports.

Top Add-on Services;

• Background checks.
• Employee benefits.
• Equipment shipment.
• Visa assistance.
• Shared workspace renting.

6. HRIS

Deel HRIS software is a self-service digital portal for clients, contractors, and employees. Via this tool, you can purchase Deel’s packages, perform day-to-day tasks, and automate workflows.

The app comes with plenty of management and tracking features. You can upload documents, supervise the onboarding process, approve PTO, and generate reports. In addition, you can use plugins, integrations, and add-ons to sync your data.

EOR and contractor recruitments are also managed via the HRIS platform. From onboarding to offboarding, you can handle everything from the app.

Deel HRIS is available in all the packages.

HRIS Product Features;

• EOR and contractor hiring.
• Onboarding tracking and document storage.
• Payroll and expense management.
• Approval workflows.
• Access to vendors for equipment delivery and shared workspace.
• Integrations and API.

If your company has less than 200 employees, you can use Deel HRIS for free.

Deel Prices

Deel offers five custom packages with some optional add-on products to get side features. All of its services including payroll and immigration can be purchased as separate products.

You can use Deel’s HRIS software free of charge for existing employees. However, as mentioned above in the HRIS section, this feature might be available to startups and small businesses only. (Do connect with sales to get more details regarding the eligibility criteria.)

Some of the software features may also not be accessible in the free package, but you’ll receive data storage and automation to perform basic functions.

Here’s a summary of Deel’s packages;

• EOR Package: It costs a minimum of $599 per month.
• Contractor Package: It starts from $49 per month.
• Global Payroll Package: Prices can vary. Customer service can provide the quotes on request.
• Deel HR Package: You can get it for free.
• Immigration Package: It’s a custom plan. Prices can be provided on request.

Deel Invoices are generally sent to customers on the 15th, 25th, or end of the month. You’ll only be charged for active employees/contractors, which also include users who are in the offboarding process.

Deel Pros and Cons

Deel delivers one of the best global workforce management solutions. However, the platform does have some limitations. 

Before purchasing any of its products, you should explore its strengths and weaknesses to measure its feasibility.

To make things easier for you, I have shared a few pros and cons to provide the necessary data for comparison. 

Pros

• It offers access to 150+ countries and supports 120+ currencies for local transactions. 
• It delivers a free HRIS platform to onboard and manage direct employees.
• You’ll get multiple gateways to send international payments to employees and contractors.
• You, as a client, can send monthly invoices to Deel in 24 currencies.

Cons

• Some might find Deel’s transaction fee slightly high.
• Contractor management features and third-party integrations are limited.
• Unlike some of its competitors, Deel doesn’t appear to have a mobile app.

For more details, check out its resource library or contact the customer service. They should help you answer specific questions regarding recruitment, payroll, and software usage.

Conclusion

Remote working is slowly gaining recognition in the global work industry.

90% of employers now expect remote staff in their workforce, and 65% of them are already planning to adopt a hybrid work model to keep up with the industry trends. 

With hiring platforms like Deel, you can easily incorporate a fully remote or hybrid work model within your budget and grow your business.

It’s an excellent recruitment and payroll platform for startups and growing companies like you and comes with plenty of side services to accommodate your human resource needs.

Take its demo, explore other options, and compare Deel with them to make a well-informed purchase decision.