Article
3 min read
Hire Anyone, Anywhere with Deel
Deel news
Author
Deel Team
Published
July 28, 2020
Last Update
August 12, 2024
Table of Contents
Hiring independent contractors on Deel
Hiring full-time employees on Deel
How do payments happen on Deel?
Deel is free for contractors
Deel pricing for companies
See Deel in action
Hey, Deel community! We have some exciting updates - Deel is launching a full platform redesign and an all-in-one service to help you employ anyone, anywhere. 🌎
Our mission is to make hiring anyone anywhere simple and fully automated. We are proud to support over 400 companies worldwide. We figured the platform redesign is a great time to share more details about the services that help you streamline working with global talent.
Hiring independent contractors on Deel
Hiring independent contractors is the most cost-effective way to hire talent globally. However, navigating local compliance can be tricky and is often overlooked.
That's where Deel comes in, backed by an expert network of 150+ law and accounting firms worldwide. We help you navigate local regulations easily, create dynamic localized contracts, collect compliance documents based on your teammates' setup, criminal background checks, automate invoicing, and collect tax forms (W-8BEN/E, W-9, and file 1099-MISC), enabling the whole team to keep everything in one system of record.
On top of that, in 2020 we will introduce various benefits for contractors, which will make them on par with their employee counterparts. For example, they will have access to products such as health insurance at a 30%+ discount!
Hiring full-time employees on Deel
In some cases, an employment relationship is necessary. We support hiring full-time employees in over 80+ countries, either via our own structures or experienced partners in different regions that have been in the market for over 15 years. All that at a competitive industry pricing.
How do payments happen on Deel?
We want to give our users the best payment experience. Payments on Deel are two-fold, which offers both parties the flexibility to choose how they want to pay/be paid.
A client processes one mass payment in a click (in multiple currencies and pay-in methods), which then appears on contractors' balances. Then, the contractors choose how they are paid: the amount, withdrawal method, and currency. There are 15 methods and 100 currencies to choose from!
The best part? This flow significantly reduces the transaction costs because local payments are a lot cheaper than USD payouts going through SWIFT bank transfers and then exchanged to local currency.
Deel is free for contractors
Deel doesn't charge contractors; the contractor only covers the transaction costs (if they occur). All fees are broken-down on Deel before the withdrawal is confirmed, giving the contractor the option to choose the best option for their specific case.
Deel pricing for companies
Our monthly fee starts at $49 per active contract to companies. For 50+ contractors, a special quote can be requested.
For full-time employees, the pricing differs per country. In countries like the UK, Canada, and a few others our solution starts at $449. In the rest of the world, it's always below $849.
Are you a Y Combinator company? There is a special discount for you- ping us for more details.
See Deel in action
We would love to show you around and help you understand how Deel can streamline your business. Request a demo, and we will follow up!