How Deel revolutionized processes for the Nomic Foundation
$150K+
USD savings in entity setup costs
$120K+
USD saved in HR Admin processes
15+
Eingestellte Teammitglieder
10+
Verschiedene Länder
Industrie
Software
Region
Europa und Mittlerer Osten
Unternehmensgröße
1-50
Das Unternehmen
Decentralizing the world
The Nomic Foundation is a non-profit organization dedicated to Ethereum and its developer ecosystem. They provide open-source engineering software to empower developers to build decentralized applications.
Das Problem
Building and retaining a first-class international team
From the start, Nomic knew it had to be a remote-first organization. Given its specialized industry, finding niche talent was crucial. The team needed access to developers around the world to stay ahead of the competition while remaining lean and compliant. This presented a challenge. Hiring legal and accounting professionals in every location would be costly and time-consuming.
Zusätzlich wollte Nomic wettbewerbsfähige Vergütungsoptionen über das Gehalt hinaus, um die gewünschten Talente anzuziehen. Manuel Freire, Leiter der Rechts- und Finanzabteilung der Nomic Foundation, betonte: "Wie viele andere Start-ups wie unseres wollten wir unserem Team etwas Ähnliches wie ein Aktienpaket anbieten, das für die Talente, die wir suchen, sehr attraktiv ist. Da wir eine Stiftung sind, haben wir kein tatsächliches Eigenkapital, aber wir wollten unserem Team Zuschüsse gewähren, die die Vorteile von Eigenkapital widerspiegeln."
As a result, the team began searching for a partner to compliantly hire, onboard, and pay international team members and offer additional benefits. Initially exploring other providers, Nomic discovered that other companies were quite satisfied with Deel as their HR and compliance solution. This encouraged Nomic to choose Deel as its provider.
Die Lösung
Expanding globally with additional benefits on a unified platform
With Deel, Nomic achieved its goal of hiring and paying international talent seamlessly and compliantly.
Obwohl Nomic aufgrund seines Stiftungsstatus kein traditionelles Eigenkapital anbieten konnte, erkundete Nomic die Möglichkeiten des Deel Equity Managements, um eine maßgeschneiderte Lösung zu finden. Freire sagte: „Deel war hochgradig flexibel und hilfreich; sie entwickelten eine spezielle Lösung, die es uns ermöglichte, ein maßgeschneidertes Stipendienprogramm anzubieten, wodurch unsere Angebote attraktiver wurden, um die benötigten Talente erfolgreich einzustellen und zu halten.“
Additionally, as Nomic continued to grow, it explored other Deel products that simplified many HR processes, saving them effort, time, and money:
- Deel Immigration: The Nomic Foundation identified an ideal candidate for a crucial position who was an European national residing in North America and needed sponsorship for a visa. Nomic’s Deel Customer Success Manager introduced the Immigration and Visa support product. Impressed, Nomic chose Deel for this crucial hire. Freire said, "The most important thing for us was that, through Deel Immigration, we were able to make this hire." Nomic saved both time and money in the process. Freire added, "The process was very smooth and simple. If it hadn't been for this solution, we would've ended up spending thousands of dollars and time engaging with other local providers."
- Deel's built-in HRIS and Deel Engage: After migrating their team to Deel’s platform, Nomic utilized Deel's built-in HRIS to simplify team management and automate its HR processes. Deel Engage streamlined time-off requests, syncing with Slack and Deel’s platform, providing managers with easy approval and visibility of their team’s PTO. Thanks to Deel’s solution, Nomic kept its team lean and saved $120k+ USD in HR admin processes. Freire said, “Prior to Deel's HRIS, we were managing all this information manually through different spreadsheets. This was time-consuming and error-prone, whereas now we have everything under the same platform as a one-stop tool for everything.”
Without Deel, we couldn't have scaled and grown our international team as desired.
—Manuel Freire,
Head of Legal and Finance at Nomic Foundation
Die Ergebnisse
Finally, a truly efficient global HR platform
Mit Deel fand die Nomic Foundation einen Partner, der mühelos ihr internationales Einstellungsproblem löste und ihre HR-Prozesse revolutionierte. Durch die Einstellung von über 15 Teammitgliedern in mehr als 10 Ländern wurden über 150.000 US-Dollar an Einrichtungskosten eingespart. „Angesichts unseres Wachstums und unserer zukünftigen Expansionspläne hätte das Fehlen von Deel die Einhaltung der Vorschriften erschwert und unsere Gemeinkosten erheblich erhöht“, sagte Freire.
Most importantly, with Deel, Nomic focused on building their dream team without worry.
