Deel vs Paychex

Deel is a San Francisco-based HR services company that was founded in 2019. The company's primary focus is to provide simplified hiring, payroll, and compliance services to businesses with international workforces. Although their Employer of Record (EOR), global payroll, and contractor hiring services are their main features, Deel began offering a US-based PEO in September 2023. This service streamlines workforce management needs specifically for companies operating within the US, including everything from payroll and taxes to compliance, hiring, risk mitigation, training, and benefits. It caters to the needs of both local companies and international ones that are looking to expand their operations in the US. Deel PEO offers a range of services to manage benefits, payroll, and HR-related procedures for your company while you focus on your daily operations. With their user-friendly interface and dedicated customer support, smaller businesses can rely on Deel to handle everything efficiently. However, as Deel PEO is a very new service, they have not yet received any awards or accolades. That being said, they are a member of the National Association of Professional Employer Organization (NAPEO) and have joined the organization even before they began operating their national PEO services. They are not yet certified by the IRS, nor are they accredited by the Employer Services Assurance Corporation (ESAC). As a payroll services company, they have not received accreditation from the Better Business Bureau (BBB) and have a B- rating from them. They enjoy an excellent client experience for their established HR and EOR products.

Paychex is a leading supplier of comprehensive human capital management systems for payroll, employee benefits, human resources, retirement plans, and business insurance services in the US and Northern Europe. Paychex, Inc. (NASDAQ: PAYX) was founded in 1971 and has more than 730,000 client companies, mostly small to medium-sized businesses but also larger businesses. They are considered one of the top companies in their field, claiming to pay 1 in 12 employees in the private sector. They offer three package categories tailored to fit a business's size and needs, with flexible payment options. They also boast easy-to-use online services and expert consultants that ensure proper federal and state compliance and can get you valuable tax credits and phone and online support. Paychex services vary according to the organization's needs and size, with a base monthly cost of $39 plus $5 per employee.