Globalization Partners and Deel: A brief comparison of EOR services

Organizations worldwide are expanding their global talent acquisition efforts. With almost 4 out of 5 employers reporting difficulty hiring skilled talent, many are looking off-shore for the right candidates. 

And with international hiring, companies cannot get bogged down by the need to create official entities (which can both be extremely expensive and highly time-consuming) in every country where they need – or want – employees. The need for a reliable and efficient Employer of Record (EOR) service then quickly becomes crucial. 

Providers such as Globalization Partners and Deel have established themselves firmly in this domain: Like the other prominent EOR companies, they have simplified the complex tasks of international hiring, payroll management, and compliance processes. 

But when faced with the decision of choosing between these two EOR providers, who do you go with? 

In this article, we have drawn a detailed comparison of Globalization Partners vs. Deel based on essential factors like features, global payroll capabilities, customer reviews, pricing, user experience, and more. Additionally, we will introduce you to the excellent alternative to Deel and GP which is Multiplier – a powerful EOR platform recognized the world over for its global employment solutions.

Factors to consider when comparing EOR services

What is most important when choosing the right EOR for your company? The obvious and most important thing is understanding one’s business requirements, especially how the EOR will take care of global hiring, payroll, compliance, and employee experience. 

Here are the most important factors to consider:

1. Global compliance

Compliance often ends up being the most trying task of managing a workforce across different countries. Employers need to comply with not just one, but several labor laws, tax laws, regulations on employee benefits, and other employment-related rules specific to each country. Non-compliance could mean severe implications for companies, ranging from financial penalties to litigation, or even having your organization barred from working in a particular country.

A credible EOR service provider can help address these issues by taking on the responsibility of handling employment compliance. This includes ensuring compliance with local labor laws, preparing contracts that meet regional requirements, adhering to minimum wage standards, and managing tax filings.

For instance, If you’re hiring in countries like Brazil, the U.S.A. or India, where labor laws are particularly complex, your EOR needs to stay updated on frequent changes to laws governing employee rights, terminations, and severance packages. Globalization Partners, for instance, emphasizes its legal expertise and local teams to handle these nuances.

2. International payroll solutions

Ensuring that all the employees and contractors are paid appropriately in multiple currencies, considering tax rates and wage regulations requires stringent management. An ideal EOR platform would therefore provide a comprehensive global payroll solution that simplifies the pay process, where disbursements are always made promptly and according to local tax laws.

A good global payroll service provider should offer:

• Automatic payroll using the calculation of taxes, benefits, and deductions
• Convert local currencies for employees in many countries
• Instant status updates of each payroll
• Automatic registration and withholding in compliance with employment and tax laws

Deel’s payroll system can handle over 150 currencies and track real-time transactions, making it an excellent solution for business operations across multiple continents with people who work remotely. Globalization Partners also ensures timely payments and accurately manages tax withholding.

3. Human resources and benefits administration

Employee benefits typically include health insurance, retirement plans, paid time off, and many other statutory benefits, most of which an EOR would manage and frequently tie to local preferences and regulations.

For example, full health insurance and retirement plans are considered essentials in France, while in the United States, there is greater flexibility in how benefits are provided.

Benefits management is offered by both Globalization Partners as well as Deel. Larger companies favor Globalization Partners due to its extensive HR offerings, while Deel provides more streamlined and flexible tech-based solutions that appeal to smaller, fast-growing organizations.

4. Onboarding and employee experience

The onboarding process influences the employee experience of a new hire to a great extent. A structured process creates a foundation for the remainder of the time an employee spends working for an organization. It plays an even greater role when hiring international talent, who will need much more orientation to local regulations, organizational policies, and benefits than their domestic counterparts.

Both Globalization Partners and Deel allow for streamlined onboarding of employees. Large corporations, for instance, hiring in countries that have such complex labor law requirements like China or Japan, will require an EOR to demonstrate strength within local expertise, meaning onboarding is legally compliant and culturally appropriate.

5. User-friendly platforms

As businesses grow globally, the need arises for a user-friendly interface that can handle contracts, HR, payroll, and compliance management in one place. It also needs to be easy to use for your HR team and the employees.

Deel offers a user-friendly experience on its platform. Its automatic contract generation and real-time payroll tracking reduce administrative time and costs to a great extent. On the other hand, the dashboard provided by Globalization Partners is more holistic, and it may need greater onboarding support for HR teams that are not geared up to handle larger teams.

6. Pricing and transparency

The EOR you select should offer transparent pricing. Different EOR providers typically use one of the following pricing models: A subscription fee that is either charged per employee or based on country-specific rates. Ensure that your chosen provider outlines all costs upfront, avoiding any hidden fees.

7. Scalability

Another critical decision while determining a suitable EOR service provider is its ability to scale up or scale down its operation alongside yours. If your business is going through a bold expansion phase, the EOR that you choose should be able to support multiple hires in new locations.

Both Deel and Globalization Partners promise to scale with your business. However, Deel is specifically suited for firms that deal with contractors, while Globalization Partners is best suited for companies trying to build large, distributed teams of full-time employees.

Detailed comparison of Globalization Partners vs. Deel

Let us dive deeper into comparing Globalization Partners and Deel on their EOR services along with global payroll offerings.

EOR services

Payroll

Customer reviews and ratings (sourced from marketplace websites)

How satisfied are users with employeeand Deel? Let us now have a look at the customer reviews on review platforms such as G2, Trustpilot, and others.

Globalization Partners

• G2 rating: 4.8/5
• Trustpilot rating: 4.7/5
• Positive feedback: Customers appreciate Globalization Partners for its strong compliance capabilities and extensive international reach. Larger companies particularly value its comprehensive legal services and means of guaranteeing painless operations from one country to another. Clients also like its hands-on customer service and reliable performance in complex regions.
• Negative feedback: The pricing could prove expensive for smaller companies, and according to some reviews, GP is more relevant for teams with bigger budgets.

Deel

• G2 rating: 4.5/5
• Trustpilot rating: 4.6/5
• Positive feedback: Deel offers a simple and quick onboarding experience that makes the product very attractive for companies hiring different kinds of contract workers quickly. Many have praised its intuitive interface and transparent pricing for contractor onboarding.
• Negative feedback: Some users report issues with service quality in certain regions, especially in complex legal requirements. Companies that employ full-time employees in international markets may find that Deel’s support is inadequate when compared to that of Globalization Partners.

Reddit insights: What are users talking about?

Redditors don’t mince words about what is good and bad about popular tools. Deel vs. Globalization Partners is no different. In a thread reviewing Deel, Globalization Partners, Remote, and Oyster, people shared their experiences with the different platforms, highlighting their advantages and weaknesses.

Deel reviews

Several Redditors praised Deel for how easy and fast it is in contractor onboarding. A user claimed that Deel’s automated contract generation saved them time, allowing their business to onboard freelancers in different countries quickly. They appreciated that Deel let them manage the payment of contractors in several currencies.

Globalization Partners reviews

Users reviewed Globalization Partners extremely positively, especially for companies that are looking to hire full-time employees. One reviewer mentioned its expertise concerning compliance, which was stated to be reassuring when entering markets such as India and Brazil, where compliance with labor laws prove challenging.

Multiplier: The best alternative to Globalization Partners and Deel

While Deel and Globalization Partners are both well-established in the EOR and payroll space, Multiplier is a compelling alternative, providing an affordable and scalable solution paired with a user-friendly interface and round-the-clock support.

Some of the areas in which Multiplier specializes include:

• Comprehensive EOR services: Multiplier provides EOR services in more than 150 countries, with a sharp focus on compliance. Whether you are operating in Europe, Asia, or the Americas, Multiplier’s local expertise keeps you updated on labor laws and tax regulations in each country.
• Scalability: Multiplier supports businesses at all stages of growth, from startups to large enterprises. It allows you to seamlessly hire both full-time employees and freelancers as your business scales, without added complexity.
• Global Payroll Management: You get to run a payroll in your employees’ local currency. Plus, the streamlined payroll calculations and timely payments add to positive employee experience. 
• Pricing: Multiplier has a transparent and more competitive pricing structure as compared to Deel and Globalization Partners. 

Conclusion: Choosing the right EOR for your business

Your company’s approach to global workforce strategy will determine which Employer of Record you choose. If you are more contractor management-oriented, Deel provides a cost-effective solution to quickly onboard international talent. On the other hand, Globalization Partners offers a complete solution designed for large enterprises that require stringent compliance support while managing full-time employees across many countries.

But for companies seeking an affordable, scalable EOR and global payroll solution that offers flexibility, Multiplier stands as the right alternative. 

With an easy-to-use platform, competitive pricing, and global reach, it enables businesses of any shape or size to manage their international teams efficiently.

Schedule a demo today and learn how Multiplier can make managing your global workforce simpler and better.