Deel offers several contract types depending on your unique needs, and if you need to hire employees or contractors.
You can create three types of full-time employee contracts:
- Employer of Record (EOR) Employee model
- Deel is the legal employer of record and provides all mandatory and statutory benefits in a worker's specific country
- Global Payroll Direct Employee model
- Employees are hired using a company's own local entity and paid through Deel
- Deel HR Direct Employee Model
- Employees are managed on Deel but paid through a local payroll provider
You can create three different types of independent contractor contracts:
- Fixed Rate contract
- Contractor and client agree to a predetermined base rate for work, which recurs each pay cycle
- Pay As You Go contract
- Contractors are paid at a variable rate based on the working days, hours, or tasks submitted
- Milestone contract
- Contractor is paid a predetermined amount when they reach particular milestones along a project timeline