Today, businesses of all sizes face the challenge of managing HR, payroll and compliance as they expand their operations globally. Deel, a leading HR, payroll and compliance platform has recognized this challenge and has created advanced AI-powered tools to support the global hiring and compliance process.
In this article, we explore how Deel's AI tools can assist HR and legal teams throughout various stages of the hiring and compliance process, including workforce planning, hiring, onboarding and more. With Deel's advanced AI tools, HR and legal teams can streamline their operations, increase efficiency and focus on strategic tasks that can drive the company's success.
Conduct strategic workforce planning
As an HR manager, you are responsible for building a global workforce that meets the needs of your business. To achieve this, you need to have a comprehensive understanding of your current workforce skills, talent gaps and distribution.
However, often this data is scattered across different HRIS modules or separate systems, making it challenging to consolidate and analyze holistically. Deel AI can help you overcome this challenge by collecting, storing and analyzing your workforce data. For instance, you can ask the Deel AI Assistant to tell you how many contractors you have in France, your total employment costs in Germany, or verify an employee's visa status. Deel AI will collect, store and retrieve this information when you ask, empowering strategic planning and decision-making to ensure that your workforce aligns with your organizational objectives.
Having a clear picture of your workforce can significantly improve your strategic planning, resource allocation and risk management. It can also influence your decisions regarding workforce flexibility, cost management, and engagement strategies. Additionally, awareness of your workforce's classifications and legal statuses can support global mobility strategies, ensuring that talent can be relocated or leveraged in different regions as business needs evolve.
Discover what countries hired globally, who got hired for what roles and how the economic climate impacted terminations and salaries in Deel’s State of Global Hiring Report 2023.
Make informed hiring decisions
Once you have gained valuable insights into your workforce, it's time to search for suitable talent. To make informed hiring decisions, it's important to know the best places to hire, the cost of talent in those locations, and other relevant factors.
With Deel AI, you can access a vast global hiring knowledge base to help you find the answers you need. For example, you can ask the AI assistant about sick leave allowances in the UK, statutory benefits in Slovakia, or PTO entitlements for employees in Canada. Deel AI can help you create attractive job offers for candidates in places without salary benchmarks and estimate employer costs to align with your budget.
Sharpen your global hiring skills with this free HR course from Deel: Global Hiring Fundamentals
Accurately classify workers
Expanding into new markets often introduces the complex issue of correctly classifying workers. Different countries have varying standards for worker classification, and legal precedents are often specific to particular business-worker relationships and are constantly evolving.
Deel’s AI-powered worker classifier, built in partnership with Queen's University, can evaluate the classification of newly hired employees located across the globe. The tool uses award-winning research on localized employment count cases and classification tests, resulting in a worker classification accuracy rate of over 90%.
See also: Mastering Global Employment Status: A Guide to Worker Classification
Streamline compliant background checks
Once you have correctly classified your new hires, you may need to conduct background checks tailored to their classification and local regulations. Companies face various challenges when conducting international background checks, including navigating diverse data privacy laws, overcoming language and time zone hurdles, and addressing cultural and ethical considerations.
Deel, with its AI-powered background checks, offers a fast and efficient approach that reduces hiring timelines by about 80%. This not only speeds up the onboarding process but also creates a positive new hire experience, setting the tone for their role in your company. With Deel, you can ensure that your employees are thoroughly vetted and that you comply with relevant regulations, giving you peace of mind as you build your workforce.
See also: How to Conduct International Reference Checks: Compliance Considerations
Avoid workforce risks
As your company grows, your compliance risk also increases. Each country has its unique set of regulations that you must follow based on your workforce's growth stage. For instance, in Argentina, a foreign company becomes subject to permanent establishment (PE) status if it has more than 50 employees working there for over 183 days in a taxable year. Similarly, in Brazil, a contractor working for a company on a fixed-term contract for more than two years must be reclassified as an employee.
To mitigate compliance risks, relying solely on your compliance function to conduct internal audits and risk assessments might not suffice. That's where Deel's AI-powered workforce insights reports come in handy. These reports analyze worker data and the latest compliance developments and generate a tailor-made compliance report that can be accessed via the platform or delivered to your inbox.
You can customize the report to address your business's specific concerns, such as misclassification risks, visa expiration, and non-compliance with employment laws, including minimum wages, benefits and more. With Deel's AI-powered compliance report, you can stay on top of your compliance obligations and make informed decisions to avoid any potential risks.
See also: How EORs Protect Companies From Permanent Establishment Risk
Proactively implement regulatory updates
It's important to stay on top of compliance regulations, both internal and external. External change, such as new regulations, can quickly lead to workforce non-compliance, which can be costly for companies. In 2022, there were over 61,000 regulatory events across nearly 200 countries. That's an average of 234 daily alerts, highlighting the need for companies to stay updated on new regulations.
Deel offers a powerful AI-powered compliance monitor that tracks changes to employment laws across more than 150 countries. This includes updates to areas such as wages, pensions, private insurance, leave policies and tax obligations. With simple, concise summaries of legal language, Deel can help your company manage risks and save hundreds of hours that would otherwise be spent tracking compliance. Say goodbye to the time-consuming task of compliance tracking and let Deel handle it for you.
See also: The Key to Continuous Company Compliance in Today’s Global Landscape
Simplify global HR and compliance with Deel
Work's gone global, but figuring out how to hire and manage an international team is complex. And until now, no HR platform has handled everything, for everyone, anywhere. Most teams use up to 16 tools to make global team management work.
Deel's the future of global HR, but it's a platform you can use today. It works for you and your team wherever they are, whatever their employment status. It's built-in contracts, visas, background checks, payroll, equipment, benefits, equity, salary insights and more, made to help businesses of all sizes compliantly hire, manage, and pay anyone worry-free.
Whether you want to hire worldwide without opening legal entities, streamline HR for your global team, or consolidate payroll for everyone, Deel does it all. Plus, local legal experts teamed with the latest advancements in AI and automation help you stay on top of labor laws everywhere and remain compliant.
Deel's the only global-first HR platform built to scale with your business, no matter your stage of growth.
Sounds like the solution you’re looking for? Book a demo today to start your global expansion journey.
