Deel is one of the most popular Employer of Record (EOR) and payroll platforms. It help uses to hire, pay, and manage employees overseas from a single platform.
Currently, it has more than 40000 clients globally and has processed $20B+ in global payroll.
In this article, I am going to share with you an honest review of Deel. I will cover all features, pricing, and pros and cons.
Deel Overview
Deel is a popular workforce management platform that lets you hire and pay overseas employees. It was started in 2019, and Deel offers services like EOR, HR, Payroll, Contractor Management and Compliance.
The platform allows businesses to hire talent in 150+ countries without establishing local entities.
Deel manages everything from the hiring process, contracts, compliance, tax filing, and employee benefits for you. Deel simplifies hiring for businesses and saves thousands of dollars when it comes to hiring and paying global talent.
It offers payroll services both for all US states and globally.
The best thing about Deel is that it has an in-house team that handles all back-office work to make sure to solve compliance issues and tax filing.
Deel is the best-suited platform for small and mid-sized businesses that are looking to hire and pay global talent.
Currently, 40,000+ companies trust Deel for hiring, including some big names like DoorDash, Reddit, Coinbase, Klarna, and Canva.
Key Features of Deel:
- Employer of Record service
- Contractor management
- Multi-currency payroll service
- Employee benefits
- Self-service portal
- Add-on services
- US-based payroll
- Integrations
- HR functions
- Mobile apps
Top Reasons to Choose Deel
Deel offers various products and services. Here I have mentioned some of its important features.
1. EOR Service
Employer or Record (EOR) is the main product of Deel. It simplifies hiring permanent employees overseas. Deel becomes a legal employer on your behalf.
As a legal employer, it manages everything from contract creation, onboarding, salary disbursement, tax compliance, and more.
With Deel EOR, you can hire and pay employees in 150 + countries. If you are looking to hire international employees without setting up legal entities in different countries, Deel is the right choice.
The platform offers country-specific employee hiring cost tools, which allow businesses to calculate the cost of hiring before recruitment full time employees.
Unlike Gusto, a Deel competitor that relies on a third-party partner for EOR service. Deel owns entities in 100+ countries.
2. Global Payroll
Deel offers a global payroll service for companies to outsource their payroll. It allows you to run payroll in 100+ countries across the world.
Using the Deel payroll service, you can set up bulk payroll payments to reduce repetitive tasks.
It offers a centralized dashboard to manage payroll-related tasks like salary calculation, tax payment, deduction, benefits, and payslip creation.
We can also review your payroll before proceeding to pay.
For US-based staff, Deel offers PEO service, which lets you pay employees in all 50 US states after deducting all taxes.
Deel can be integrated with your existing system to streamline the payroll process and workflow.
3. Contractor Management
Deel offers a contractor management service that helps businesses onboard, manage, and pay independent contractors in 150+ countries.
With Deel, you can easily onboard contractors worldwide. Deel will take care of everything from contract creation, onboarding process, tax compliance, local laws, and invoice processing. Deel supports multiple payment methods, including bank transfer, PayPal, Wise, and more.
It also offers a Deel Card, a virtual debit card for contractors to access their funds. The platform allows you to make a payment to contractors in their local currency.
With Deel’s contractor of record (COR) service, businesses can reduce the risk of misclassification and protect themselves from heavy penalties.
COR is the best way to hire contractors legally. The service starts from $325/contractor per month.
4. Integrations
Deel supports third-party integration and a custom API.
It can be integrated with apps and tools for multiple categories, including accounting, HR, expense management, time & attendance, learning management, and calendar.
Some of its popular integrations include BambooHR, NetSuite, Greenhouse, Xero, Foxit, 1Password, and Slice Global.
There’s API support to build custom integration to automatically update data in your workflow.
5. Ease of Use
Deel has an intuitive interface that is best suited for beginners. Using Deel, you can easily onboard global talents, set up bulk payroll, manage employee benefits, local laws, and tax compliance from a single platform.
It has zero learning curve; you can easily start using Deel even if you have basic knowledge.
To simplify Global hiring and payroll, it provides a complete, easy-to-use platform. If you’re looking for a platform to onboard global talent with ease, Deel is the best platform out there.
I personally found it very easy to use when it comes to managing HR functions and Payroll processing.
6. Self-Service portal
Deel HR service is a self-service portal for employees and contractors.
It will get you tools for storing employee data, recording expenses, time and attendance tracking, automating repetitive tasks, and downloading payslips.
Deel has a centralized system to upload and share important documents in one place. No need for any third-party platform.
Deel’s self-service portal reduces administrative tasks and automates business HR functions.
Deel’s self-service portal is very easy to use. It has a clean and intuitive interface where employees can use the mobile app to request time off, download payslips, and upload documents.
When you collaborate with a team, you can give them access and assign tasks.
With the EOR plan, you’ll get an HR plan for free at no extra cost.
Deel Pricing Plans: How Much Does it Cost?
Deel offers straightforward pricing compared to competitors. It displays all service rates on the website. There are no hidden charges.
Employer of Record (EOR)
The plan starts at $599/month. The plan lets you hire and pay employees in 100+ countries. You don’t need to set up legal entities for hiring. Deel manages everything on your behalf, from the employee onboarding process to employee benefits, local laws, compliance, and tax filing.
Global Payroll
The plan starts at $29 per month. With this plan, you can run payroll in 110+ countries. Deel manages local taxes, benefits, payslips, and more.
Hire Contractor Plan
The plan starts from $49 per month. This plan lets you manage and pay overseas contractors. The plans come with features such as contractor management, automated invoicing, multi-currency payments, and contract building.
Core HR
The plan starts at $5 per month. Deel offers features in this plan like time tracking, PTO, document management, and more.
Contractor of Record
The plan starts at $325 per month. In this plan, Deel works as a legal contracting entity to hire Global contractors. You’ll get features like compliance & classification, reduced misclassification risks, and automated invoicing.
US PEO Employees
The plan starts at $125 per month. It is designed for hiring and paying employees in all 50 US states. You can manage everything from a single dashboard, such as payroll, compliance, HR functions, and federal & state taxes.
Pros and Cons of Deel
Here are some common pros and cons of Deel.
| Deel Pros: | Deel Cons: |
| 👍 You can hire employees in 150 + countries | 👎 Deel HR functions are limited |
| 👍 It supports multi-currency payroll | 👎 It is specially designed for hiring Global talents |
| 👍 Deel comes with an easy-to-use interface | 👎 It might be expensive for small businesses |
| 👍 It supports a US-based payroll service | |
| 👍 Hire, manage, and pay global contractors | |
| 👍 It manages local compliance, tax filing, documents, and employee benefits | |
| 👍 Offer a self-service portal to perform HR tasks | |
| 👍 Deal offers add-on services | |
| 👍 You can deliver employee equipment, immigration support, and background checks | |
| 👍 Integrates with third-party apps | |
| 👍 It offers an in-house expert team 24/7 | |
| 👍 Mobile application to manage tasks on the go |
Is Deel Worth It? My Take On This Platform
When it comes to hiring global talent, Deel is one of the best platforms in the market.
It’s designed for businesses that want to hire overseas employees without setting up legal entities in other countries. It offers various tools and services, including global talent, global payroll, HRIS, tax compliance, contractor management, and employee benefits.
Deel has in-house experts who help you in every process of hiring and automating payroll.
Deel is worth investing in. The platform is ideal for businesses who needs outside assistance to simplify the hiring and onboarding process.
Deel is the market-leading platform, but there is one drawback: EOR service starts at $599 per month, which is not ideally suitable for small businesses.
However, if you’re looking for the best tool to hire global talent, outsource payroll, and manage contractors, Deel is the #1 platform for you.
Final Thoughts
Deel is a comprehensive platform for hiring and paying Global employees and contractors.
It’s designed for companies that don’t want to spend money on setting up local entities in different countries for managing remote teams.
Deel simplifies the hiring and onboarding process, domestic and global payroll, contractors, and employee benefits.
It’s a leading platform in the space of global hiring and payroll automation. It is well suited for large enterprises. Deel might be expensive for small companies.
However, if you want to manage Global talent, Deel is the best platform out there.
FAQs on Deel Review
Can I use Deel to hire contractors?
Yes, you can use Deel Contractor Management Service to hire and pay Global contractors with ease.
Does Deel support local currency payments?
Yes, Deel supports employee payroll and contractor payments in over 150+ countries in 90+ currencies. Your employees will get salary in their salaries in their native currencies.
Does Deel offer US payroll service?
Yes, Deel offers a US-based payroll plan that is compliant with payroll across all 50 US states.
What’s included in the Deel EOR service?
The Employer of Record (EOR) service of Deel comes with an employee onboarding process, local compliance, payroll processing, tax filing, and benefits administration.
Do I need to setup local entity to hire an employee?
No, with Deel, you don’t have to set up a local entity to hire Global talent. Deel will onboard employees on your behalf.
What is the Deel Card?
The Deel Card is a virtual/physical debit card for employees and contractors. It allows them to spend their earnings directly without any bank transfer.
Can I try Deel for Free?
Yes, you can try Deel through a free demo. Request the Deel team for a free demo before upgrading to any paid plan.
Do I get customer support?
Yes, Deel offers 24/7 customer support via live chat, email, and help center. You can connect to an expert in just a few minutes through live chat.