Company attributes
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Deel is a technology company that has developed a human resources management system (HRMS) solution for businesses working with global remote contractors. The company is headquartered in San Francisco, California, and was founded in 2018 by Alex Bouaziz and Shuo Wang.
Deel overview
Deel's platform is described as a tool for global recruiting, human resources management, and payroll. Notable companies using Deel include Nike, Dropbox, Shopify, Forever 21, Reebok, Notion, and Revolut.
Deel can be used for recruitment purposes. It has features that help with Employer of Record (EOR) needs when hiring talent from abroad, onboarding freelancers while adhering to compliance standards, and tools to facilitate necessary immigration and background check processes for new employees.
The Deel platform can be used as a comprehensive HRMS as well. It can be used for onboarding new employees and managing HR-related tasks, such as time-off requests and compensation changes. The platform also has a feature that creates business intelligence reports based on analytics from employee data to show the user insights about trends in costs to the company, which are related to employees.
Deel allows companies to make secure payments to their employees regardless of their location in the world. The company states that the platform acts as a professional employer organization (PEO), meaning that administrative functions related to HR can be done using the platform. The payroll feature gives users access to training regarding payroll and HR, tax and compliance information, and health insurance benefits options for the company.
In October 2023, Deel launched Deel IQ, its artificial intelligence (AI)-powered assistant. Deel IQ is integrated with ChatGPT and is intended to provide organizations with expert HR knowledge, such as local compliance regulations for remote and international employees.
Companies wanting to use Deel can pay monthly subscription fees depending on the features and services they want to use. They can pay for a feature that helps to manage independent contractors and payroll for a global team and act as an EOR. Deel has an HR option that is free to use.
