Article
Deel acquires Assemble to transform global compensation management
Author
Deel Team
Published
December 19, 2024
Last Update
December 19, 2024
Since our founding in 2019, we’ve empowered businesses to hire, pay, and manage teams in over 150 countries—compliantly and with ease. Today, we’re taking another major step toward streamlining all payroll and HR needs on one platform by acquiring Assemble, a leader in compensation management.
Why we’re acquiring Assemble
Compensation management for global teams is no small feat. Companies face the challenge of balancing diverse market rates, compliance complexities, and growing expectations for fairness and transparency. Compensation is more than just numbers on a paycheck; it’s a critical tool for attracting and retaining top talent.
Assemble has earned its reputation as a leader in global compensation management by removing the complexity, friction, and pain out of compensation to help companies make better decisions faster. Here’s what makes their approach stand out:
- Easy self-serve platform: Assemble enables companies to create structured compensation plans, manage pay and equity bands, ensure pay transparency, and derive data-driven insights to retain talent in one self-serve platform.
- Integration & Insights: The platform integrates effortlessly with leading HRIS solutions, Applicant Tracking Systems (ATS) and cap table tools like Carta to bring your insights together. It also pulls from aggregated and anonymized market data, providing industry insights to ensure a company’s comp strategy is in line with its peers.
- Customer-Centric 360 Experience: Assemble’s platform offers tailored dashboards for C-suite executives, HR leaders, team managers, employees, and prospective candidates. These dashboards provide a clear overview of compensation, delivering key insights into pay equity and market benchmarks. By promoting transparency, the platform fosters trust, enhances satisfaction, and ensures everyone feels valued and well-informed.
Assemble doesn’t just simplify compensation—it makes it fair, equitable, consistent, competitive and easily explainable. All at scale for global teams.
What this means for our customers
By rebuilding Assemble in the Deel platform, we’ll combine Deel’s performance management, payroll and AI tech to create an all-in-one solution for global workforce management. We will enable teams to enforce world-class compensation strategies from start to finish within Deel, connected to everything they need to manage a global workforce. Here’s what you can expect:
- One seamless flow for people management: Assemble’s compensation tools will integrate directly with Deel’s talent management, payroll and HRIS products, creating a smooth workflow from performance cycles, to compensation planning to payroll— all in one platform.
- Data-Driven Compensation: Assemble creates insights pulled from anonymized market data. Paired with Deel’s dataset of 500,000 workers, your company will gain unparalleled visibility into global pay trends to stay competitive and compliant.
- AI-Powered Insights: Use Deel AI to forecast pay trends, recommend adjustments, and optimize pay structures, making smarter decisions faster.
Together, Deel and Assemble eliminate the need for disconnected tools and spreadsheets, making workforce management simpler, smarter, and more seamless than ever before. Instead of stitching together unconnected products and systems, we’re thrilled to partner with the passionate Co-founders of Assemble to rebuild compensation management all in-house in the Deel platform. The team has dedicated nearly 5 years to building their vision, and we’re excited to drive it forward with shared excitement and care.
“Fixing pay equity and driving transparency in compensation has been Assemble’s driving force since day one, Enrique and I, along with our team, are thrilled to join Deel to help accelerate that vision. As pay transparency continues to be a hot topic, we’re looking forward to building out how compensation strategy can partner with the rest of the HR suite to drive change for businesses and employees alike.”
—Lisa Wallace,
co-founder and co-CEO, Assemble
Get a demo of Assemble today. Once you sign up, you can start using Assemble and continue to use all of the same Compensation Management features when we rebuild it on Deel. For Assemble customers, we’ll be delivering an even better experience and seamlessly migrating your data for a smooth transition.