Deel Payroll Review (2023): Pricing, Features, Pros And Cons
- by Tech Today News
- Posted on May 9, 2023
Deel Payroll is a cloud-based payroll management solution designed to help businesses of all sizes automate and manage their payrolls. Read our review to learn more about Deel’s features, pricing, and pros and cons. Handling global payroll is a challenge not every business was ready for when they were originally forced to confront it. As a result, many turned to SaaS solutions like Deel Payroll to help them maintain compliance while paying a distributed workforce. In this review, you will learn about what Deel has to offer and whether it’s a good fit for your use case. Pricing: Free for startups with direct employees; contractor payroll starting at $49 a month per contractor Key features: EOR services in 90+ countries Built-in HR functionality Try cost-free until you’re ready to start running payroll Jump to: Deel Payroll is an SaaS solution designed to help businesses maintain compliance and pay their workforces in over 90 countries. While it’s not the only cloud-based payroll platform, or even the only global payroll solution, Deel sets itself apart by reducing the complexity of navigating international payroll regulations, making it easy to pay employees and contractors no matter where they work. Deel is designed to help businesses onboard global workers more quickly and scale up in a digital-first professional environment. The organizations that will benefit the most are those who want to hire talent, but who don’t yet have systems in place to support their payroll in their location. While businesses with direct employees will find value in Deel’s offerings, especially if they’re within its free-to-use boundaries, those that use Deel to allow for paying employer of record employees will likely find the cost difficult to sustain as the number of global employees grows. For any given country or locality, businesses will likely hit a threshold where establishing their own EOR will be the more cost-effective option. Even so, Deel will continue to provide those companies with a way to more easily add workers to the payroll when they live outside locations that qualify for “direct employee” status. Pricing for Deel users is offered in three categories, based on the payroll arrangement of the workforce. The categories are contractor payroll, direct employee payroll and EOR payroll. Using Deel to pay contractors starts at $49 a month. For businesses that want to use Deel as their EOR to pay international employees, it’s $599 a month. For businesses with direct employees hired through their own entities, Deel is free to use for any company with 200 or fewer employees. With its current pricing structure, Deel can be nearly fully explored at no cost and without requiring payment information. In fact, users can benefit from its entire suite of HR functionality this way, using Deel to manage onboarding, PTO, expense reporting and more. Deel was built, first and foremost, to facilitate global payroll. While many of its competitors started as domestic payroll services, Deel was designed from the ground up to power businesses that run on Anywhere Operations. Recently, Deel has also added a suite of HR tools to further expand its usefulness, many of which can be used at no cost by startups and SMBs. Deel’s number one feature is its global payroll. Establishing processes to handle paying employees or contractors in another country is costly and time-consuming, so Deel’s primary value proposition of lowering barriers to entry is a major advantage. This is especially true as businesses these days often need to start paying professionals in multiple countries at once, rather than establishing a presence in new nations one at a time. Beyond that, Deel supports numerous payment methods for payroll, includes HR functions like PTO management and provides a wealth of support for answering or solving concerns about compliance, legal concerns and even contractor misclassification. And, it facilitates integration with multiple popular virtual collaboration suites, such as Teams, GSuite and Slack. Deel is a solid option for global payroll, but no software tool is applicable to every use case. If Deel isn’t quite the right match for your company’s needs, take a look at some of the other top choices in the market, such as those listed below. Comparable in many ways to Deel with regards to the level of service and the price, Papaya Global has one major advantage over most other international payroll solutions: advanced analytics. In an age where data intelligence often means the difference between boom and bust, Papaya Global’s prescriptive algorithms can do a lot to help minimize costs and avoid risks. Check out our full review of Papaya Global’s software. Rippling’s offerings are simultaneously more and less robust than Deel’s. One difference is that its software suite includes IT services and functionality. Additionally, the platform integrates with over 500 third-party apps and tools. However, its payroll functionality is only available in about 50 countries, compared to Deel’s 90+ countries. Check out our full review of Rippling’s software. Remote payroll can be used to pay workers in over 160 countries, though its EOR service is only supported in 70 of them. That said, the platform comes with mobile functionality, contractor agreement templates and API access for companies who want to build their own integrations for other software they are using. To write this review, we reviewed the vendor’s website, those of its primary competitors, news sites and user review sites (such as Trustpilot) to aggregate information and feedback regarding current expert consensus, user experience and market environment.Deel’s fast facts
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If Deel isn’t ideal for you, check out these alternatives
Papaya Global
Rippling
Remote
Review methodology
Deel Payroll is a cloud-based payroll management solution designed to help businesses of all sizes automate and manage their payrolls. Read our review to learn more about Deel’s features, pricing, and pros and cons. Handling global payroll is a challenge not every business was ready for when they were originally forced to confront it. As…