Deel Uncomplicates Global Talent Management
- By DWFTrends editors
- February 07, 2023
Work is going increasingly global, and most companies find themselves using up to 16 different tools and platforms to manage their international teams. This results in data silos, tech consolidation issues, and inconsistent team experiences.
Deel, now valued at USD12 billion with USD295 million ARR, is addressing this challenge head-on with the launch of a new global HR platform. The Deel HR platform consolidates global team management and combines the many aspects of international hiring into one place.
Deel claims Deel HR is a global-first Human Resources Information System (HRIS) that offers everything needed to manage an entire global workforce compliantly. Deel HR is free for businesses with fewer than 200 people, saving them roughly USD20,000.
The company claims the new platform brings global HR into the 21st century along with the company’s other solutions, including US Payroll and Deel Engage.
US Payroll is Deel’s global payroll offering that started in the U.S. It simplifies payroll management for international teams. Meanwhile, Deel Engage is a set of HR Slack plugins connected to the Deel platform. Users can reportedly benefit from increased team collaboration, time off requests, 1-on-1s, candidate referrals, and more.
“We’ve disrupted global hiring, and now we plan to disrupt the whole HR industry,” said Alex Bouaziz, co-founder and chief executive officer of Deel. “Products that radically simplify HR get us closer to our goal of helping millions of people get to work for the best companies in the world.”
Deel HR is gaining support from its stakeholders. Camilla Giesecke, chief operating and expansion officer at Klarna, a payment solution provider, said, “We are excited to announce Deel as Klarna’s global partner for talent onboarding and payroll management.”
Sarah Pinto, a partner at venture capital firm Emerson Collective, added, “Our venture investing philosophy at Emerson Collective is to accelerate the growth of consequential companies helping people live to their full potential, which we believe includes providing access to high-quality work opportunities. Deel’s products help fulfill that mission by unlocking work opportunities for talented individuals wherever they are in the world.”
Image credit: iStockphoto/z_wei