Deel Vs Multiplier – Which Is a Better EOR?

Deel and Multiplier are top global HR platforms.

They facilitate international hiring and payroll, allowing you to work with overseas professionals legally.

If you plan to hire freelancers or permanent employees from another country, Deel and Multiplier are both excellent options. They have vast country coverage and provide hassle-free employment solutions.

In this article, I have compared Deel and Multiplier’s core services to help you pick the best option. The review contains Deel and Multiplier’s summary, feature comparison, and pricing.

Deel Overview

Deel is an SaaS HR platform. It offers hiring and payroll services to startups and companies to help them onboard and pay overseas employees.

The product line includes employer of record services, freelancer management, global payroll, and immigration assistance. The platform handles compliance and paperwork on your behalf and delivers digital portals to let you manage day-to-day routine work.

Deel was launched in 2019 to provide global employment solutions. In the last five years, it has attracted over 20,000 companies from all over the world and worked with some well-known brands including Nike, Shopify, and Forever 21.

Core Features of Deel Are;

• Employer of Record.
• Contractor Management
• Global payroll.
• Compliance.
• Immigration assistance.
• Self-service platform.
• Integrations.

Deel packages start at $49. You’ll find details in the pricing section.

Multiplier Overview

Multiplier is also an SaaS platform. It sells software and services to simplify global hiring and cross-border payments.

Founded in 2020, Multiplier has grown significantly, offering HR services in America, Asia, Europe, and Australia. It has also won several awards for its service quality and digital experience.

The platform is user-friendly and accessible. Whether you need legal employment contract and compliance management or onboarding and side services like benefits administration, you can hire Multiplier to manage paperwork and payments.

Core Features of Multiplier Are;

• Employer of Record.
• Contractor Management.
• International payroll.
• Immigration.
• Compliance.
• Digital Platform.
• Integrations.

Multiplier prices start from $40. Check out the price section for package details.

Deel Vs Multiplier—Comparison

Deel and Multiplier share a lot of common features. Both sell global HR administration services, and both deliver multi-country payroll solutions.

The purpose of the comparison is mainly to highlight their unique selling points. Deel and Multiplier may offer similar services, but their features, coverage, and packages differ slightly.

1. Employer Of Record

Employer Of Record (EOR) is a global employment service in which third-party agents—like Deel and Multiplier—hire overseas workers on your behalf.

The agents act as the legal employer, taking on compliance responsibilities, like contracts and salaries, to ensure a smooth onboarding process.

Overall, EOR is designed to facilitate international workforce management. Companies with no legal representatives in other countries can recruit remote employees through Deel and Multiplier.

Deel EOR

Deel provides EOR services in 100+ countries. The package includes legal contracts, onboarding and offboarding, time and attendance, and payroll. If you need visa or immigration assistance, Deel can help you with the paperwork.

The in-house team handles all the back-end work to ensure the documentation is in compliance with local laws and that you get regular updates on country-specific policies.

Onboarding and offboarding are completely online, providing you with a step-by-step guide to simplify the process.

Deel also offers PEO services for US-based companies. You can outsource local HR administration tasks to Deel and manage your domestic and international teams from one platform.

Multiplier EOR

Multiplier EOR service covers almost the same areas. You can use it to onboard new employees, process documentation, and disburse salaries.

The platform supports 150+ countries and works with more than 100 local experts. You can onboard new workers within 24 hours and run payroll each month.

You and your employees will receive separate portals to upload documents, submit requests, and manage pay slips. If you want to terminate someone, you can run the offboarding process from Multiplier.

Multiplier also offers benefits administration. You can allow local experts to negotiate benefits with your employees on your behalf.

Verdict

Deel and Multiplier are equally good options for the EOR service.

Deel has its own infrastructure, which improves its service quality. Multiplier, on the other hand, is affordable and has excellent customer service, ensuring a smooth flow of information.

Onboarding is quick on both platforms, and both offer compliance management and side benefits.

2. Global Payroll

Global payroll involves salary calculation, taxes, and international payments.

It’s a managed service provided by third-party platforms like Deel and Multiplier to help you create country-specific salary packages and pay employees living in different countries.

Deel Payroll

Global payroll is one of Deel’s best features. The platform consolidates employee and contractor invoices and sends payments to individual accounts in local currency.

As an employer, you’ll have the option to set up a custom payroll cycle and send allowances, bonuses, and reimbursements with the salaries. 

You can also issue equity stocks to your staff and offer employee benefits like insurance. Deel handles everything on your behalf, including salaries, stocks, taxes, and benefits administration.

Onboarding and offboarding are part of the service, but you might be charged extra for it.

For US staff, Deel offers an additional payroll service. It covers 50 states and comes with consolidated reporting. 

Multiplier Payroll

Payroll processing is easy and quick on Multiplier. The platform automates multi-country payments while giving you full control over the data and processes.

Salaries are typically disbursed every month, but you’ll have the flexibility to run semi-monthly cycles for independent contractors.

The package also contains benefits, stocks, and expenses, allowing you to adjust salaries before each cycle.

Verdict

Deel payroll is ideal for US-based companies. You can process local and international payroll separately and consolidate the amounts for better visibility.

Deel also supports 24 currencies for billing. 

Multiplier specifically aims at multi-country payroll. You can disburse salaries with one invoice, or go for the local funding option and run separate payrolls for each entity. 

3. Contractor Management

Contractor plan is a managed service that enables you to pay overseas freelancers.

Deel and Multiplier offer this service to companies that want to work with international contractors but lack the resources to process payments compliantly.

Deel Contractor Management 

Deel provides an excellent package for contractor management. Its main services cover compliant agreements, miscalculation assessment, bulk payment, and invoice automation. 

Deel also manages taxes for US-based freelancers. Additionally, if you want to hire contractors on a permanent basis, you can convert freelancers into employees through the platform.

You will receive 15 different channels for payments and a virtual card for company expenses. 

Via its self-service portal, you can onboard freelancers, deliver equipment, oversee routine tasks, and send compensation. 

Multiplier Contractor Management

Multiplier offers a separate package for contractors, which contains onboarding, background checks, worker classification, and payment transfer services.

You can generate agreements for freelancers and manage their invoices, timesheets, and expenses online. 

Benefits administration facility is also available for contractors. If your project requires insurance coverage, you can provide it as an add-on.

Pay cycle options are flexible on Multiplier. You can run hourly, daily, weekly, and monthly billing rates and pay them in their local currency. The platform supports 120+ currencies and several payment methods.

Verdict

Deel and Multiplier’s packages contain all the necessary services for global workers.

Deel’s package, however, has several add-on features. For example, you can issue debit cards and give advance to long-term freelancers. 

Deel also has more funding options, which makes it ideal for foreign companies.

4. Digital Platform

Deel and Multiplier are online services. Users are required to sign up to their digital platform to purchase their services and process onboarding and payroll.

The platforms are self-service apps designed to give operation control to users. Companies can connect with the in-house team via these portals and manage time and attendance.

Here are the summaries of Deel and Multiplier digital platforms.

Deel Platform

Deel’s digital platform is rich in features. You’ll get the tools to store employee data, automate repetitive workflows, record expenses and time off, and generate reports.

The data is centralized on the platform, and the core modules are visible to find information with ease. You’ll get a monitoring dashboard to keep an eye on your pending tasks—such as onboarding paperwork— and an approval system to manage leave requests and payroll workflows.

If you work with a team, you can allow them access to the information. You can add roles to assign duties and control access.

An app store is built into the platform for integration. You can additionally engage third-party services for core functions like equipment provision.

Deel also delivers engagement features to connect with teams and train new employees. You will receive templates to create growth plans and draft training courses.

Multiplier Platform

Multiplier’s platform has all the essential features for HR administration. You can automate onboarding paperwork, manage timesheets and leave requests, approve expenses, and download reports.

The software is easy to use and comes with a dashboard for monitoring. Like Deel’s platform, you will get a clean navigation menu with separate modules for administration and integration.

If you run multiple companies or branches, you can create a global admin section to oversee everything and add roles to delegate tasks.

Other things you can do via the Multiplier platform include leave calendar planning, bonus and allowance issuing, and IT asset purchasing.

Verdict

If you compare Deel and Multiplier by the user interface, both are good options. They are easy to navigate and offer data visibility.

Multiplier, however, is comparatively simple.

Based on features, Deel appears to have more functions. For instance, Deel has an engagement module with a Slack plugin for communication and performance measurement. Multiplier doesn’t have any similar built-in features.

If this is something you don’t need, you can go for any of the platforms.

Prices

Deel and Multiplier’s package prices are structured similarly. They offer tailored packages with the option to get add-on services.

The prices are typically standard, but they increase with feature usage, like employee numbers or add-on services. You may also find the different rates for each country. 

Here, I have reviewed their basic packages to give you some idea of their starting prices. You can get more details from customer services.

[You can alternatively use their price calculators to check employee costing. Customer service can help you with calculations.]

Deel Prices

Deel sells EOR, Contractor Management, Payroll, and Immigration as separate products.

Benefits administration, expert support, and integrations are available in all the packages.

For US PEO service and other add-ons, you may have to pay extra charges. 

Summary of Deel’s Packages;

• EOR Package: Starts from $599.
• Contractor Package: Starts at $49.
• Global Payroll: Provides custom quotes.
• SaaS platform: Free access to companies with less than 200 users.
• Immigration: It’s an add-on service with custom prices.

You can sign up for free and ask for customization.

Get started with Deel

Multiplier Prices

Multiplier offers three core packages and some add-ons for side services like visa assistance and equipment service. Each package covers benefits administration and allows access to the digital app and expert support. 

Summary of Multiplier’s Packages;

• EOR Package: Starts from $400
• Contractor Package: Starts at $40.
• Global Payroll: Provides custom quotes.
• Immigration: It’s an add-on service.

You can get free access to the software.

Get started with Multiplier

Conclusion

As EOR and payroll service providers, Deel and Multiplier are the best options.

They have a large network of local experts to cover in-country employment laws and run a well-structured payroll system.

It makes them good at compliance management and cross-border payments.

Below, I have shared a few pros and cons of Deel and Multiplier to summarize their best features. Compare their services and unique selling points to make an informed decision. Good luck!

Deel Pros and Cons

Pros

• Free HRIS system for small businesses.
• Multiple currencies for billing.
• Owned infrastructure with more coverage.

Cons

• Average customer support.
• Comparatively expensive.

Multiplier Pros and Cons

Pros

• User-friendly interface.
• Better customer service.
• Ideal for Singapore, Australia, and European clients.

Cons

• Limited billing options.
• A few add-on features and integrations in comparison.

We hope our guide helped you choose between Deel and Multiplier.