Compare Payroll Solutions
A payroll software or service can help you save time, reduce errors, boost security and stay compliant. Use Nav to find the right payroll solution for your business.
What Is the Deal with Deel?
Deel is a software-as-a-service provider based in San Francisco. The company was founded in 2019 as a professional employer organization (PEO), which is basically an external company that performs all human resources (HR) tasks for your employees. Deel can also act as the employer of record (EOR), or the legal employer, for global employees. The company has hired over 150,000 people for businesses and startups worldwide.
The most notable Deel features include:
- Domestic or international hiring solutions: Deel can hire contractors, freelancers, full-time or part-time employees from over 100 countries around the world. Get visa and immigration support if needed, and Deel will make sure you stay compliant.
- Global HR solutions: Send equipment, find flexible workspaces, and manage your international team through Deel HR. The service offers over 20 integrations for software like Bamboo and Bob.
- International payroll solutions: Deel payroll operates over 100 countries and don’t worry about local tax laws, compliance, or benefits. Deel can also act as the PEO for your U.S.-based teams.
In other words, Deel is an HR platform that makes hiring and paying remote teams all over the world a lot easier.
Is Deel Trustworthy as a Global Payroll Services Company?
It can be hard to trust a new company with important parts of your business, like making sure you hire the right people and that your employees get paid. And using a remote payroll service can seem daunting if you haven’t done it before. Although Deel is not yet accredited by the Better Business Bureau (BBB), it has overall positive ratings. Its Trustpilot ratings are very good (4.8 out of 5 stars at the time of writing).
The company is also trusted by powerhouses like Nike, Dropbox, and Shopify, as well as over 20,000 other businesses. Deel promises a 24/7 in-app response from the Deel team, as well.
Does Deel Do U.S. Payroll?
Yes, you can use Deel payroll to pay your employees based in the United States. Deel can help you hire employees, as well as manage the entire payroll process, HR, and benefits for your employees in the U.S. If you have employees in both the U.S. and in other supported countries, you can manage payroll for all your employees together in your Deel platform.
Is It Easy to Work With Deel as a Small Business?
As you know, running a small business is no easy feat. Whether your business has a global team or a fully domestic group of workers, Deel could be a good option to offload all the little tasks that take up your limited time. From onboarding and offboarding when you hire employees to running payroll every two weeks, outsourcing this work can help you feel supported on your small business journey.
Deel’s customer support and its functionality is well rated, so if Deel is in your budget, it could be a valuable addition to your toolbelt.
Let’s take a quick look at Deel pricing at the time of writing:
- $0 (and up) for Deel HR
- $599 (and up) per month for EOR services (final price depends on the number of
- $49 (and up) per month for contractors
- Must call for cost of global payroll and immigration services
However, Deel typically works with startups or enterprise businesses, so if you have a very small business, you may want to look at the alternatives listed at the end of this article.
Compare Payroll Solutions
A payroll software or service can help you save time, reduce errors, boost security and stay compliant. Use Nav to find the right payroll solution for your business.
How Do Your Employees Get Paid in Deel?
Deel manages the payroll process from start to finish and handles the associated risks. It will do the math for you on taxes and local fees, as well as stay up to date on local laws to make sure you stay compliant.
Payments happen together in one invoice each month or bi-monthly, and you’ll be able to pay full-time employees and contractors at the same time.
Your payment options are:
- ACH electronic transfer
- Single Euro Payments Area (SEPA)
- Bacs payment
- Pre-authorized debit (PAD)
- Brex
- Credit card
- Debit card
- Manual bank transfer
- Wise transfer
- Mercury transfer
- Crypto currency transfer (through specific crypto providers)
Deel customers can set up several types of payments:
- Fixed payments: Pay full-time employees a fixed amount once or twice per month.
- Milestone payments: Pay per project (as many times as needed).
- Variable payments: Hourly employees submit their timesheets for approval.
Also, you can pay contractors with a Deel Advance up to 30 days early.
What Currencies Does Deel Pay?
Deel accepts most global currencies. You can pay employees in over 120 currencies, including several types of crypto currencies, as well as gold and silver currencies.
A sample of the supported currencies include the:
- Argentine Peso
- Australian Dollar
- Bahamian Dollar
- Swiss Franc
- Canadian Dollar
- Egyptian Pound
- Hong Kong Dollar
- Naira (Nigeria)
- Philippine Peso
- Russian Rubel
- Turkish Lira
- US Dollar
Do I Have to Worry About Compliance If I Use Deel for Payroll Management?
Deel will manage the compliance part of maintaining a global staff. The Deel team is global itself, so the on-the-ground teams keep up with local labor laws and compliance changes. That means you don’t have to worry about it.
Deel can manage compliance for immigration and visas in 25 countries around the world, and payroll and hiring in over 100 countries.
Overall Pros and Cons of Using Deel for Payroll Services
Pros
- You can hire and pay employees in over 100 countries.
- Deel is trusted by over 20,000 companies.
- Deel can manage employees based in the U.S. and abroad.
- You can get immigration and visa support if needed in 25 countries.
Cons
- Typically work with startups and enterprise-sized companies, so may not be the best fit for a small business.
- Deel isn’t Better Business Bureau accredited.
Deel Alternatives
If you want to shop around for Deel alternatives, here are some other options worth looking into. Some of these options offer their own payroll software, while others offer integrations with global payroll software.
Oyster HR
Oyster can hire and manage workers in over 180 countries around the globe, and pay workers in over 140 currencies. The EOR services will take care of the compliance side of hiring and paying workers in other countries. Reviews say Oyster has a very user-friendly interface and is easy to use.
Paychex
All-In-One Payroll and HR
Paychex
Paychex makes it easy to pay and manage employees. Easily expand Paychex Flex beyond payroll by turning on HR modules, from recruiting and hiring to time and attendance and benefits, as your business needs change. You’ll have the option to work with a dedicated payroll specialist, plus 24/7 support from highly trained, U.S. based specialists. Request a quote today and get three months of free payroll processing!
Pricing
- Starting at $39/month + $5 per employee
- Request pricing & get 3 months free
Payroll Run Limit & Frequency
Unlimited
Key Features
- All-in-one payroll and HR
- Dedicated, responsive service
Remote
Remote has excellent user reviews and offers a global HR platform for businesses. It can act as your employer of record, manage contractors, deal with global payroll, and more. There is also human resource information system software and self-service features for employees.
Rippling
Full Unified Workforce Platform
Rippling
Payroll so powerful it can run itself, Rippling syncs all your business’s HR data with payroll, so you never have to use a calculator or manually enter data, like hours and deductions. Pay employees accurately, on time, every pay run. Once your employee data is in the system, Rippling takes care of the rest.
Pricing
Starts at $8 a month, per user
Payroll Run Limit & Frequency
Unlimited
Key Features
Dedicated mobile app
RUN Powered by ADP®
Great for Built-In Compliance
RUN Powered by ADP®
Running a small business can be challenging today. ADP’s got your back with faster, easier, more reliable, and affordable solutions designed to help you stay focused on what matters. Trusted by nearly 800,000 clients.
Pricing
- Contact ADP for a custom quote
- Get 6 months FREE payroll when you sign up
Payroll Run Limit & Frequency
Unlimited
Key Features
- Easy to use, all-in-one platform
- Expert service and support
Workday
Workday offers global services with an AI-embedded platform. Workday is for businesses looking for enterprise resource planning software that can help with more comprehensive needs, like finance, HR, payroll, and analytics. User reviews are good, but Workday typically supports mid-size or large businesses, so it might not be the best fit if you’re a small business.
Nav’s Verdict
If you’re looking to simplify your global onboarding process and employee management system, Deel could be a good option for your business. Pricing is based on the number of contracts you have running, and the user reviews are overall positive. However, if you run a small or very small business, you may want to consider alternatives that are more suited to your size of business.
Compare Payroll Solutions
A payroll software or service can help you save time, reduce errors, boost security and stay compliant. Use Nav to find the right payroll solution for your business.
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Tiffany Verbeck
Digital Marketing Copywriter, Nav
Tiffany Verbeck is a Digital Marketing Copywriter for Nav. She uses the skills she learned from her master’s degree in writing to provide guidance to small businesses trying to navigate the ins-and-outs of financing. Previously, she ran a writing business for three years, and her work has appeared on sites like Business Insider, VaroWorth, and Mission Lane.