Deel announces two major product launches - Deel Shield, removing misclassification risks, and Deel API

Deel, the leading global payroll and compliance solution, has today announced two major launches – Deel Shield and Deel API/the Deel Partner Program. Deel Shield offers businesses the most secure level of contractor compliance, allowing them to unlock global hiring with zero misclassification risks and liability. Deel API offers companies and developers worldwide the ability to supercharge and globalise their HR products with Deel’s industry-leading hiring software. Misclassification risk: Deel Shield Hiring an independent contractor is one of the quickest, easiest, and most cost-effective ways for businesses to start building an international team. However, misclassifying an employee as an independent contractor is one of the most common employment-related mistakes. This is particularly true when hiring internationally. Different definitions of employees and contractors for employment law and taxation purposes vary from country to country. When a business hires a worker, they must classify the worker appropriately, use proper documentation, and follow all applicable laws. Beyond country differences, laws are constantly evolving over time, so businesses require up-to-the-minute information to stay compliant. Deel Shield targets businesses looking to eliminate any possibility of misclassification, through its most secure level of contractor hiring to offer complete protection. Deel takes on the complete responsibility by classifying and hiring a contractor on your behalf, so businesses can:

• Scale hiring efforts without a risk of misclassification with full access to a contractor’s work, documentation, and invoices
• Save hours going through local legislation and classification tests to classify a new hire correctly
• Provide contractors with an exceptional remote working experience—advanced payments, multi-currency withdrawals, perks, etc.

Commenting on the launch, Alex Bouaziz, Co-Founder & CEO at Deel, said: “We built Deel Shield to empower businesses to hire global talent at record speed with zero misclassification risks and enjoy all the benefits that come with working with a contractor, without the HR or compliance hassle. This way, it’s our liability, not yours. As for Deel API – this is just the beginning. We have big plans to expand our API’s capabilities so companies can build more global hiring solutions." Chloe Riesenberg, People Specialist at Project44 said: “Deel Shield gave us peace of mind when hiring people as contractors in any part of the world. I don’t have to worry anymore about compliance, it feels much safer.” Deel API: Powering the rise of global hiring As the rate of global hiring continues to rise, so too does the demand for easy-to-use hiring, onboarding, and payroll software that works anywhere. Deel API offers Deel customers and partners alike access to market-leading global hiring solutions. Through Deel API, Deel partners can offer their customers the ability to hire and pay global talent directly and seamlessly, without leaving their platform. Existing Deel customers can add custom integrations to their own internal tech stack, so they can connect Deel to existing HR tools, automating workflows (such as creating contract, importing timesheets, and managing expenses) and saving hours on HR admin work and data entry. Through this, companies can easily and efficiently expand their product offering and improve customer retention. Those building with Deel’s API will have exclusive access to the API Program, and will be featured on the Deel marketplace, reaching 9000+ companies and 100,000+ workers around the globe. Marc Escubin, Product Manager at Magic said: “Deel API is a timesaver for us. We are saving 13+ hours per week in admin, which freed up time for the HR team to do twice as much. It became a way to supplement the HR team without bringing in another person. So it is a cost saver as well.”