If you’re reading this, you’re probably navigating the complex world of global hiring and considering Employer of Record (EOR) services to streamline your international expansion. You’ve heard about Multiplier and Deel as potential solutions, but you’re unsure which one fits your business.
But you’re also probably uncertain about:
- How Multiplier and Deel compare in terms of features, pricing, and global reach
- Which platform offers better compliance and payroll management across multiple countries
- The user experience and ease of use of each platform
- Whether Multiplier or Deel is more suitable for your specific business size and needs
- The potential drawbacks or limitations of each EOR provider
If that sounds familiar, this comprehensive comparison will answer every one of your questions. It could save you hours of research and potentially costly mistakes in your global expansion journey.
The key to choosing between Multiplier and Deel lies in understanding their unique strengths, pricing structures, and how they align with your business requirements:
TLDR: Multiplier vs Deel – Balancing Cost-Effectiveness and Advanced Features
- Multiplier: Optimal for small to medium businesses and startups seeking a cost-effective global hiring solution. Excels in user-friendly interface and competitive pricing.
Explore Multiplier’s offers - Deel: Ideal for businesses of all sizes requiring extensive integrations and global workforce management. Offers superior features but at a higher price point.
Discover Deel’s platform today
Here’s what you’ll learn – table of contents:
- Overview of Multiplier and Deel (the essentials you need to know)
- Key features comparison (what sets each platform apart)
- Pricing structures and value propositions (which offers better ROI?)
- User experience and interface comparison (ease of use matters)
- Security and compliance measures (keeping your data safe and operations legal)
- Pros and cons of each platform (the good, the bad, and the ugly)
- Recommendations for different business types (who should choose which in the Multiplier vs Deel decision?)
Let’s dive in and explore whether Multiplier or Deel is the right EOR solution to power your global workforce management strategy.
Multiplier
Country Coverage: 150+ Countries
G2 Rating: 4.7/5
EOR Pricing: $400 per employee/month
Contractor Pricing: $40 per contractor/month
Deel
Country Coverage: 150+ Countries
G2 Rating: 4.85/5
EOR Pricing: $599 per employee/month
Contractor Pricing: $49 per contractor/month
Overview of Multiplier and Deel
Multiplier and Deel are two global employment platforms that provide Employer of Record (EOR) services. They help companies manage compliance, payroll, and local laws when hiring across borders and offer scalable solutions to streamline global workforce management.
Overview of Multiplier
Multiplier is a global payroll solution that supports companies by handling compliance and employment laws. Its platform offers an easy onboarding process and a user-friendly interface.
They handle payroll and contracts, ensuring everything aligns with local regulations. Through its API, Multiplier integrates with popular software tools, making it easier to manage a global workforce. Their customer support team is known for solving issues quickly, contributing to a seamless user experience.
Company Information
- Headquarters: Sydney, Australia
- Founders: Sagar Khatri, Amritpal Singh, and Vamsi Krishna
- Funding: Over $77 million
- Founding Date: 2020
Also, read our in-depth Multiplier Review
Overview of Deel
Deel specializes in global onboarding and payroll, helping companies hire employees worldwide without struggling with compliance. They provide EOR services to handle local employment laws and ensure smooth operations.
Deel’s comprehensive platform integrates various tools to simplify managing global teams. Its strong network of local partners ensures adherence to local laws and regulations. Deel users enjoy a robust support system and a detailed dashboard for monitoring payroll and compliance tasks.
Company Information
- Headquarters: San Francisco, United States
- Founders: Alex Bouaziz, Shuo Wang, and Ofer Simon
- Funding: Over $680 million
- Founding Date: 2019
Also, read our in-depth Deel Review
Key Features of Multiplier
Multiplier offers 9 key features that set it apart.
These key features include:
- Global Employment Solutions: Enables hiring in over 150 countries without establishing local entities, facilitating rapid international team expansion often within 24 hours.
- Comprehensive Payroll Management: Processes multi-currency payroll in 120+ currencies, handling tax calculations, deductions, bonuses, and social contributions automatically.
- Compliance and Legal Support: Ensures adherence to local labor laws, crafts compliant multilingual contracts, and manages country-specific tax and statutory requirements.
- Benefits Administration: Offers locally competitive insurance and customizable benefits packages, including options for dependent coverage across different countries.
- Expense Management: Simplifies submission, reimbursement, and integration of employee expenses with payroll cycles.
- Contractor Management: Supports onboarding, management, and payments for international freelancers in their preferred currencies.
- User-Friendly Platform: Provides an intuitive dashboard for streamlined workforce management, featuring real-time updates and notifications.
- Customer Support: Offers guidance throughout setup and ongoing support for HR and compliance issues, backed by local experts in various countries.
- Cost-Effective Pricing: Provides competitive rates starting at $400 per employee per month for EOR services, with potential savings of 70-90% compared to traditional solutions and no hidden fees.
Key Features of Deel
Deel offers 10 key features that set it apart.
These key features include:
- Global Payroll: Processes payroll in multiple currencies and supports various payment methods, including cryptocurrency.
- Automated Compliance: Continuously monitors and flags potential compliance risks across multiple jurisdictions.
- Employer of Record (EOR) Services: Enables companies to hire employees in over 150 countries without setting up local entities.
- Contractor Management: Allows management of both employees and contractors on the same platform.
- Legal Contracts: Generates locally compliant employment contracts tailored to each country’s regulations.
- Benefits Administration: Provides locally aligned benefits packages with multiple tiers in most markets.
- Onboarding and Offboarding: Streamlines the employee lifecycle management process from hiring to departure.
- Expense Management: Facilitates expense submission and reimbursement for global teams.
- Reporting and Analytics: Offers centralized, granular reporting for workforce data to support informed decision-making.
- Visa and Immigration Support: Assists with work visa and immigration processes for international hires.
Benefits of Using Multiplier
The benefits of using Multiplier are:
- Saving time and money: Hiring and onboarding with Multiplier is generally done fast and can save many companies significant time and money.
- Competitive pricing: Depending on which package(s) you choose, Multiplier is generally priced very competitively compared to other major EOR platforms.
- Extensive legal resources: Compliance is made easy with Multiplier in part because of its extensive legal repository.
- Customer service: Many users laud Multiplier’s excellent customer service representatives, guiding users expertly through the platform and any possible issues that may surface. I have also been happy with the customer service I have received from Multiplier.
- Comprehensive benefits management: One of the platform’s standout features is providing benefits management to organizations, which helps attract and retain the best talent.
- User-friendly interface: While I think Multiplier’s platform’s UX could still be improved, the interface is quite user-friendly.
Benefits of Using Deel
The benefits of using Deel are:
- Global Expansion: Enables rapid international hiring and market entry without the need for local entity setup.
- Compliance Assurance: Handles complex international labor laws, tax filings, and regulatory requirements.
- Time and Cost Efficiency: Significantly reduces the time and resources required for international hiring and HR management.
- Simplified Global Operations: Centralizes management of global workforce, payroll, and compliance in one platform.
- Risk Mitigation: Reduces legal and compliance risks associated with international employment.
- Flexible Payment Options: Offers various withdrawal methods, including cryptocurrency, to suit different needs.
- Access to Global Talent: Enables companies to hire the best talent regardless of location.
- IP Protection: Offers strong intellectual property protections through Remote IP Guard.
- Local Expertise: Provides access to local HR experts with extensive experience in various countries.
- Scalability Support: Facilitates rapid business growth and expansion into new markets with flexible hiring solutions.
Pricing and Plans
Understanding how Multiplier and Deel structure their pricing and plans helps make an informed decision. Both platforms claim fair and transparent pricing to users. However, they differ in terms of their services, costs, benefits, and specific features.
Multiplier Pricing
Multiplier offers a straightforward pricing structure. They charge a monthly employee fee, including handling salary, taxes, and localized benefits.
Here’s a breakdown of their pricing:
| Service | Price |
|---|---|
| Employer of Record (EOR) Pricing | $400 per employee/month |
| Contractor Management Pricing | $40 per employee/month |
| Annual Discount | Not available |
Multiplier’s big advantage is its equipment provision and equity handling. It also facilitates bank transfers, ensuring seamless payroll operations. Multiplier’s value lies in simplifying compliance and payroll complexities.
Deel Pricing
Deel’s flexible pricing depends on the number of workers and their required services. They provide different packages tailored to diverse business needs.
Here’s a breakdown of their pricing:
| Service | Price |
|---|---|
| Employer of Record (EOR) Pricing | $599 per employee/month |
| Contractor Management Pricing | $49 per employee/month |
| Annual Discount | Available |
Deel is known for its user-friendly contracts and ease of handling international payments. It also offers support for bank transfers and equity management. Deel’s value comes from its flexibility and comprehensive packages suitable for various business sizes.
User Data Security and Compliance
Both platforms prioritize user data security and compliance when comparing Multiplier and Deel.
Multiplier offers robust encryption to protect sensitive data. They comply with GDPR and ISO 27001 standards, ensuring data is safeguarded. Multiplier also emphasizes regular audits and maintains secure servers.
Deel, too, enforces stringent security measures. They use end-to-end encryption and comply with GDPR and SOC 2 standards. Deel conducts continuous monitoring and frequent security assessments to safeguard user data.
| Feature | Multiplier | Deel |
|---|---|---|
| Encryption | Robust encryption | End-to-end encryption |
| GDPR Compliance | Yes | Yes |
| ISO 27001 Compliance | Yes | No |
| SOC 2 Compliance | No | Yes |
| Regular Audits | Yes | Yes |
| Continuous Monitoring | No | Yes |
Both platforms take data privacy seriously, ensuring user information is handled carefully. They employ multi-factor authentication to add an extra layer of security.
Key Points:
- Multiplier complies with ISO 27001; Deel complies with SOC 2.
- Encryption: Both platforms provide strong data encryption.
- Regular audits and security assessments are part of their security measures.
Choosing between Multiplier and Deel might depend on your organization’s specific compliance needs and which security standards are more important.
Pros and Cons of Multiplier
Pros
- Competitive pricing: Multiplier’s EOR package is more favorable than other EOR providers.
- Customer support: Follow-ups are done well, and customer reps guide users expertly throughout the initial setting-up process.
- Real-time updates: Keeps me informed with real-time notifications.
- Integration support: Works well with other apps I use.
- Scalability: Suitable for both small and large projects, adapting as needed.
- Quick onboarding: Within minutes, new employees can be set up within your company.
Cons
- Complex interface: The user interface can sometimes be confusing, with many users initially reporting additional guidance.
- Speed of customer support: Response times from customer support can be slow, mainly via email.
- Limited features and customization: Some features that other tools offer are missing, and customization is limited.
- No offline mode: There’s no option to use it without an internet connection.
Pros and Cons of Deel
Pros
- User-Friendly Interface: Intuitive platform requiring minimal training for users.
- Extensive Global Coverage: Operates in over 150 countries, providing broad international reach.
- Fast Onboarding: Enables quick employee onboarding, often within 24 hours.
- Transparent Pricing: Offers clear, upfront pricing without hidden fees.
- Flexible Payment Options: Supports various withdrawal methods, including cryptocurrency.
- Dedicated Support: Provides 24/7 customer service in multiple languages.
Cons
- Limited Document Localization: Cannot generate invoices in languages other than English.
- Learning Curve: Despite being user-friendly, there may still be an initial learning period for some users.
- Dependency on Third-Party Services: Uses external providers for some services like background checks.
- No Native Payroll: Relies on partnerships for payroll processing in some regions.
Customer Reviews and Ratings
When comparing Multiplier and Deel’s ratings across G2, Capterra, and Trustpilot, the following scores and review volumes provide insight into user satisfaction levels:
| Review Platform | Multiplier | Deel |
|---|---|---|
| G2 | 4.7/5 (986 reviews) | 4.85/5 (4630 reviews) |
| Trustpilot | 4.9/5 (832 reviews) | 4.9/5 (5332 reviews) |
| Capterra | 4.7/5 (40 reviews) | 4.8/5 (1554 reviews) |
Multiplier vs Deel: Summary
A detailed summary of the comparison of Multiplier and Deel:
| Feature | Multiplier | Deel |
|---|---|---|
| Best For | Companies Looking for Same-Day Global Hiring & Payments | Fast-Growing Companies Needing Global Hiring at Scale |
| EOR Pricing | $400 per employee/month | $599 per employee/month |
| Contractor Pricing | $40 per employee/month | $49 per employee/month |
| Country Coverage | 150+ Countries | 150+ Countries |
| Support Channels | Email, Phone, Live Chat | Email, Phone, Live Chat |
| Support Availability | Business Hours | 24/7 |
| G2 Rating | 4.7/5 (986 reviews) | 4.85/5 (4630 reviews) |
| Capterra Rating | 4.7/5 (40 reviews) | 4.8/5 (1554 reviews) |
| Trustpilot Rating | 4.9/5 (832 reviews) | 4.9/5 (5332 reviews) |
| Partnership Discount | 15% Off | 20% Off |
| Visit Website | Visit Website |
Recommendations
When choosing between Multiplier and Deel, it’s crucial to consider your company’s needs. Factors like international hiring, payroll management, and whether you’re dealing with contractors or full-time employees play a big role in making the best decision. Yet, it is also important to consider the costs of these two providers.
Who I Recommend Using Multiplier To
Multiplier is ideal for companies focused on global hiring. If you’re a startup or small business needing to scale internationally fast, Multiplier simplifies hiring across different countries.
Multiplier also offers comprehensive payroll management, which is handy for managing salaries and benefits without dealing with multiple local payroll providers. The platform has robust tools that ensure compliance with local laws, making it easier to follow regulations in different regions.
If you’re planning to hire many remote employees and need an Employer of Record to handle employment contracts legally, Multiplier is a reliable option. The tool is especially beneficial for ensuring your company complies with international labor laws.
Here’s a quick list of the types of businesses that will find Multiplier useful:
- Small to medium-sized businesses
- Growing startups
- Freelancer platforms/agencies
Who I Recommend Using Deel To
Deel is excellent for companies of any size that work heavily with contractors and freelancers. If your business relies on a flexible workforce, Deel’s platform simplifies the process of hiring and paying contractors from around the globe.
Its payroll management tools are also top-notch for handling international transactions. Deel helps ensure that you stay on top of tax requirements and other local regulations, making managing finances for your contractors hassle-free.
For companies that need to hire quickly and efficiently without setting up foreign entities, Deel acts as an Employer of Record. This simplifies legal and administrative requirements, giving you more time to focus on your core business activities.
Here’s a quick list of the types of businesses that will find Deel useful:
- Medium-sized businesses
- Large companies
- Startups
- Freelancers and contractors
When to Consider Other EOR Providers
While Multiplier and Deel are excellent choices for many businesses, there are situations where other EOR providers might be more suitable. Here’s a table highlighting some alternatives and their key strengths:
| Alternative | Best For | Key Strength |
|---|---|---|
| Remote | Companies needing all-in-one HR and IT solutions | Comprehensive feature set |
| Papaya Global | Region-specific expansion | Expertise in specific geographical areas |
| Remofirst | Budget-conscious small businesses | Competitive pricing for basic EOR services |
| Rippling | Startups scaling in Southeast and South Asia | Fast onboarding and competitive pricing |
| Oyster HR | Companies focusing on global talent acquisition | User-friendly platform with strong compliance features |
Next Steps
Now that you’ve reviewed the comparison between Multiplier and Deel for Employer of Record (EOR) services, here are your next steps to make an informed decision:
1. Schedule Demos
Seeing these EOR platforms in action will help you better understand their features and user interfaces. Our exclusive partner links ensure you get the best available offers.
2. Prepare for Your Demos
- List your specific EOR needs (e.g., target countries, number of employees, compliance requirements)
- Prepare questions about international hiring processes, local labor laws, and employee benefits management.
- Consider your international hiring goals and how each EOR solution aligns with them.
3. Compare Quotes
- After the demos, request detailed quotes from both Multiplier and Deel
- Ensure the quotes are based on your specific EOR requirements and hiring plans
- Don’t hesitate to negotiate or ask about special offers for new customers
4. Get Personalized Support
- Need help deciding? Fill out our quick assessment form
- Our experts will analyze your EOR needs and provide a personalized recommendation within 24 hours
5. Make Your Decision
- Create a pros and cons list based on your demos and research
- Consider factors like country coverage, pricing, compliance expertise, onboarding processes, and user experience
- Choose the EOR provider that best aligns with your current needs and future international hiring plans
Remember, selecting the right Employer of Record (EOR) is a significant decision that can impact your company’s ability to hire and manage international employees compliantly. Take your time, ask questions, and ensure you’re comfortable with your choice before proceeding.
Need more guidance? Don’t hesitate to contact our support team for personalized advice tailored to your unique EOR requirements. You can also use the live chat feature in the bottom right corner of this page for immediate assistance.