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Deel

A Flexible Payroll Platform Suitable for Remote Teams

(705 Ratings) Write Review

What is Deel and how does it work? Deel is a platform that enables businesses to make mass payments to remote team members. It also partners with labor law experts to minimize the risk of hiring employees from other nations. They offer localized sample contracts that are in accordance with the labor laws of the involved parties and also mention which documents and permits will be required for onboarding an employee from that party. The employees have access to 100+ currencies and different types of payment methods, which allows bulk payment in one go. Other features such as e-signing, tax compliance, auto-invoicing, and customer support in different languages helps to streamline the hiring process. The employees can also create a contract, sign it, invite a team member, and allow the member to review and sign it. This end-to-end solution makes it easy for businesses to hire and pay people from around the world without worrying about the legal terms, contractor agreements, and different time zones.

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Deel Features Show All Features

Payroll Features

W-2 PreparationForm W-2 (officially, the "Wage and Tax Statement") is an Internal Revenue Service (IRS) tax form used in the United States to report wages paid to employees and the taxes withheld from them. Employers must complete a Form W-2 for each employee to whom they pay a salary, wage, or other compensation as part of the employment relationship. An employer must mail out the Form W-2 to employees on or before January 31. This deadline gives these taxpayers about 2 months to prepare their returns before the April 15 income tax due date. The form is also used to report FICA taxes to the Social Security Administration.
Leave Tracking (Vacation)A leave management system, also known as LMS, is a platform that enables a company to easily and correctly allocate, track and grant leave as well as allow for employees to request and track their own leave.
Self Service PortalA self-service portal is a website that offers information and resources to help users find answers and resolve their issues. The job of any self-service portal is to help users address common needs efficiently and without outside help.
Multi-countryMulti-country means involving multiple countries. Often, different countries and regions are analyzed. The data and insights gained can be further analyzed for patterns, similarities, differences, opportunities and challenges for a company. The benefits are comprehensive insights for strategic decision making and business growth. Traditionally, businesses only had to worry about the payroll rules of the country they operated in. However, in a globalized economy, many businesses employ staff around the world. So, this adds extra complexity when it comes to achieving compliant payroll. Each country has its own payroll laws, including data laws and different employee benefit rules for example. These change often. Businesses with employees in different markets around the globe therefore have a responsibility to ensure they meet the latest rules and regulations.
Direct DepositThe term direct deposit refers to the deposit of funds electronically into a bank account rather than through a physical, paper check. Direct deposit requires the use of an electronic network that allows deposits to take place between banks. This network is called the automated clearing house (ACH). Because the funds are transferred electronically, recipients' accounts are credited automatically, so there is no need to wait for the money to clear. Common uses for direct deposit include paychecks, tax refunds, and other benefits. Direct deposit is a safe and convenient way to receive payment. Funds are deposited into a recipient's account directly through an electronic network. In order for the funds to be transferred from the payer, the recipient must provide the name of their bank, their account number, and the bank's routing number to the person or business making the deposit.
Deductions ManagementHelps optimizing deductions workflow and assist in calculating various deductions or additions like ESI, PF, integrating leave, performance
Compensation ManagementManages employee compensation related data in an organized and automated manner
Benefits ManagementFrom the inception of a program or project investment until the last expected profit is realized, benefits management entails defining, preparing, evaluating, and monitoring benefits. Its goal is to ensure that the desired outcomes are precise, measurable, agreed upon, achievable, and time-bound. The terms ‘benefits management’ and ‘benefits realization’ are often used interchangeably.
Wage GarnishmentHelps in deducting the amount from an employee's monetary compensation including salary as per a court order to pay off debt
Check PrintingIn the old days, check writing was done by hand. Today, there's a digital solution for everything and, when it comes to making prompt payments via check, that solution is check printing software. These programs aren't just used by the payroll departments of large enterprises. They can be useful for small businesses, bookkeepers, accountants, and even individuals who don't have physical checks handy. We reviewed dozens of companies offering either cloud-based or software solutions for check writing. These are the very best check printing software programs in terms of overall reputation, key features offered, and price—the top criteria considered by those shopping for check printing software.
401(k) TrackingHelps to track and manage matters concerning 401(k) that is a retirement savings plan sponsored by an employer.
Attendance TrackingThe attendance tracking is a functionality that allows you to keep a track of the attendance of students and teachers taking part in your virtual classroom sessions.
Tax ManagementThe aim of tax management is to ensure that the provisions of the Income Tax Act and related laws are followed. Through the tax management function of various tools, you can handle local and foreign tax rates.

Deel Technical details

Support	Online	Customer Type	Individuals Freelancers Large Enterprises Medium Business Small Business
API		Location / Phone Number	San Francisco, CA
Deployment	SaaS/Web/Cloud	Official Website	https://www.deel.com/
Deployment	SaaS/Web/Cloud	Category	Payroll Software

Deel Pricing

Pricing ModelSubscription , Quotation Based

Hire Contractors

$49 /Month

$49 Per contract/ month

Features

Hire and pay contractors compliantly, with localized contracts and compliance document collection
Choose from 150+ currencies, including crypto, and pay contractors in just one click.
Provide automated invoicing, perks, and benefits.
Access Deel's global network of 200+ legal partners.

Add Deel Premium

$99 /Month

$99 per contract/ month

Features

Add an additional layer of protection against misclassification risk to your business.
Deel covers costs up to $25,000 if a misclassification case arises with one of your contractors.
The $25,000 can cover legal costs, tax penalties, and third-party indemnity costs.
If a third party gets negatively impacted by misclassification, we handle it.

Add Deel Shield

Custom

Custom quoted pricing

Features

We review each contract and confirm whether we can hire them as a contractor. If so, we will hire them via Deel Inc.
We’re responsible for the classification of each contractor, so if a misclassification case arises, Deel assumes total liability.
Get access to a global team without the hassle of managing the HR or administrative elements.

Hire Employees

$599 /Month

Hire Employees In countries you don't own entities

Price starts from $599 per contract/ month

Features

Deel hires an employee on your behalf, taking on all employment liability to ensure you comply with local laws.
You approve the payment with one click and get a single invoice  on payday. After that, we handle the rest.
We make sure all employees have a competitive localized benefits package.
Get access to Deel’s global network of 200+ in-country experts to help navigate local compliance and benefits as you enter new markets.

Run Global Payroll

Custom

Suitable In countries where you own entities

Custom monthly pricing per employee

Features

Deel manages payroll, benefits, and taxes for employees hired through your entities worldwide.
We handle all payroll and local HR items, from government declarations and deductions to payslips.
Reduce manual work by integrating Deel with your favorite HR and accounting system.
Get access to Deel's in-house HR expertise and payroll managers in each country.

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Disclaimer: The pricing details were last updated on 09/11/2022 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Learn more about Deel pricing.

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Deel Reviews

OVERALL RATING 3.9 Based on 705 Rating(s)

Rating Distribution

Excellent 93.8 %
Very Good 2.5 %
Average 0.7 %
Poor 0.4 %
Terrible 2.6 %

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Deel FAQs

Q. What is Deel used for?

Deel is Payroll Software. Deel offers the following functionalities:

W-2 Preparation
Leave Tracking (Vacation)
Self Service Portal
Multi-country
Direct Deposit
Deductions Management
Compensation Management
Benefits Management

Learn more about Deel features.

Q. What are the top alternatives for Deel?

Here`s a list of the best alternatives for Deel:

Q. Does Deel provide API?

Yes, Deel provides API.

Articles on Deel

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