1、A guide to creating the ideal HR tech stackThis guide explains why an all-in-one,global-first HR tech solution will be an advantage in 2023.A guide to creating the ideal HR tech stackContentsIntroductionAudit your existing techCreate a flexible HR ecosystemPrioritize global-first techStreamline your

2、 tech with Deels full-stack global HR platform3569 1013132424253IntroductionThe pandemic forced organizations to explore how effective people can be in a remote work environment across many industries.This change caused the tech industry to explode with tools to manage remote and distributed teams,w

3、hich companies bravely signed up to in hopes of streamlining their HR processes.Before investing in your HR tech stack,read this guide to understand the importance of a flexible and intuitive HR platform,the essential HR functions for a globally minded company,and why an all-in-one solution such as

4、will be the advantage in 2023.To kick off,lets look back to 2022 when we saw significant changes;across all major geographies,54%of voters operated in two or more countries,and remote jobs received 50%of all applications on LinkedIn.Deel HRglobal hiring grew triple digits HR Brew,January 2023,Most c

5、ompanies surveyed have employees in more than one country LinkedIn,April 2022,In a First,Remote Jobs Attract a Majority of Applications on LinkedIn4IntroductionWhile these uptakes in remote working,technology,and global hiring have produced tremendous benefits and opportunities for businesses and em

6、ployees worldwide,theyve also caused two poignant challenges:?Companies now have a glut of HR tech,which costs them a lot of money and time to run and doesnt integrate well with new and emerging tools and technologies?HR teams are trying to navigate a global workforce with HR tools built for single

7、geographies causing data silos and compliance issuesThe above pain points drove the idea behind,a global HRIS()that enables you to consolidate multiple HR platforms into one,manage onboarding,payroll,and compliance in any country,and view your global workforce data in one place.Free resource:Deel HR

8、Human Resources Information System A Case Study on Deel:How We Saw the Need for an HRISOnce your knowledge and tools are in place,there are no bounds in what you can do and build to support your workforce.You will be able to unlock future programs,scale,and iterate alongside your business.”5casey ba

9、ileyhead of people(troophr)deel6Audit your existing tech7Before comparing new tech providers,audit your existing tech to establish whats working well and what isnt.Even if youre starting from scratch,this section will help you understand what you should look for in future tech.In 2021,companies worl

10、dwide invested$24 billion in tech to upgrade their HR processes and create efficiencies in storing employee information,recruitment,reporting and analytics,and many more essential HR functions.Some companies opted for standalone HR systems,attempting to build their own tech stacks.Others opted for m

11、ore integrated systems that perform multiple HR functions.Whether standalone or integrated,many of these tech modules dont address the workforces specific needs and,unfortunately,werent built to play well together,causing data silos,system inefficiencies and increased pressures on both budget and HR

12、 team resources.Audit your existing tech LinkedIn,April 2022,In a First,Remote Jobs Attract a Majority of Applications on LinkedIn8The following statistics paint a clear picture of the problem?Companies now use an average of 976 applications,133 apps more than a year ago.Only 28%of these apps are in

13、tegrated?45%of HR professionals say accessing and combining data from several HR-related systems is their top problem?45%of organizations rank poor integration across applications to be the second main barrier to the effective application of technology,with poor data quality ranking as the number on

14、e problem?38%of IT leaders see the integration of siloed applications and data as their biggest challenge to digital transformation within their organizationAsk the following when reviewing your tech stack:?Are your objectives being met without compromise?Can integrations be made to enhance function

15、ality?Is your current stack future-proofed or does it limit your ability to scale?Does it offer the flexibility or customizability you need?Once youve narrowed down your legacy tech to the essential components,the next step is to house them under one HR hub that allows you to manage your entire work

16、force in just one system.Learn more:Top Remote Work Tools and Software for a Productive Team MuleSoft,2022,2022 Connectivity benchmark reportJitterbit,September 2021,Jitterbits 2021 HR Integration Survey Reveals a Consumer-Like Approach to Digital Transformation at All Touch Points of the Employee E

17、xperience Deloitte,2021,Global Chief Procurement Officer Survey 2021 MuleSoft,2022,2022 Connectivity benchmark reportAudit your existing techHaving everything in one system allows for everything to be updated in a much more streamlined way.Live and gather data from one source of truth:the finance te

18、am can use them,the access team can use them for provisioning,the culture team can use them for swag sends,etc.If everything is one system,its easier to get insights.”9Lauren FryeDirector of people tech&datadeel10Create a flexible HR ecosystemThe best tech solutions provide all essential HR function

19、s,integrate with your existing tools,and can be modified to meet your needs.The following HR functions are essential for any growing organization:The solution:Deel HRIntegrationsEliminate duplicate administrative tasks with Deels or customize your own integrations with 15+integrationsDeel API.14Core

20、 HR information databaseContracts and document managementRecruiting and hiringOnboarding and offboardingPerformance managementWorkforce engagementTraining and developmentTime off and attendance managementPayrollReporting and analyticsCompensationBenefits and perksEquipment and app provisioningFlexib

21、le workspacesComplianceBackground checksHR technology helps you build and sustain trust with your team members by showing them you have accurate data about their work engagement with you,have their history of progression and performance,and understand and apply the compliance requirements for them b

22、ased on their employment status and country.”12casey baileyhead of peopledeel13Prioritize global-first tech14When designing a global strategy(hiring in more than one geography)you must prioritize tech that enables you to set up and manage a globally dispersed workforce.Global teams arent new,but the

23、 technology available to enable global team management on a single platform is.Certain tech platforms,such as,provide the following tools and capabilities,making hiring and managing global teams easy.When creating your ideal tech stack,look out for providers with the following capabilities.Deel HRPr

24、ioritize global-first tech15Global hiringGlobal mobilityDeels HR platform integrates with(EOR)solutions that enable companies to and anywhere in the world without opening an entity.Learn more:Employer of Recordhire employees contractors When to Hire Employees through an EOR Instead of ContractorsTod

25、ay,enables competitive talent strategies for businesses and provides workers with the ultimate employee experience.The Deel HR platform delivers in-house mobility experts who can help with:?visa eligibility and procuremen?application suppor?liaison with local government?relocation-related expenses m

26、anagemen?streamlining and facilitating the relocation process.Watch the webinar:global talent mobility The Future of Work:What Talent WantsPrioritize global-first techDeel HR is fully integrated into the Deel hiring stack.With Deel HR,youre able to engage contractors,direct employees,and EOR employe

27、es globally in any country that Deel supports.So when youre on that search for talent,and you find the person you want to hire,you can use Deel to hire themno matter where they areand that transaction seamlessly syncs into Deel HR.”16Dan Westgarthchief operating officerdeel17Prioritize global-first

28、techGlobal insightsGlobal complianceFrom the Deel platform,users gain immediate access to in-house experts who are on hand to provide a wealth of experience and knowledge in the following areas:?Global and compensation strategies?International talent hubs?Sourcing candidates locally versus regionall

29、y versus globall?salary insights Global HR policiesDeels in-house lawyers and partner relationship managers(PRMs)worldwide ensure,including?for over 150 countries,covering everything from minimum wage and working hours to parental leave and termination requirement?Compliance documentatio?Tax complia

30、nc?Learn more:compliance with local laws and regulationsLocalized contracts Mandatory benefit?Misclassification prevention A Guide to Accounting and Compliance for SMBs18Prioritize global-first techGlobal payrollGlobal benefits and perksDeel combines HR and in one platform handling local payroll tas

31、ks for your entire global workforce,regardless of their location or employee status.Many companies decentralize their operations,opening new entities or setting up multiple payroll teams in the countries they operate in.Deel unifies all types of payments toward your workers so you can streamline you

32、r tech stack and reduce your operational overheads.payrollEmployee benefitsperks How to Grant Stock Options to Foreign Employees for companies that hire globally vary by country.If you hire a person outside of your country,youll need to ensure benefits are compliant with local laws.With Deel HR,you

33、can provide your international employees and contractors with the best benefits packages,and stock options entirely compliant with local regulations no matter where they live.Learn more:In 2023,I think we will see HR teams look to consolidate their HR technology stack,but also look for technology th

34、at is smartmeaning,how does my HR technology serve up knowledge to allow me to compliantly set up and manage my workforce independent of where they sit around the world.”19casey baileyhead of peopledeel20Prioritize global-first techGlobal securityGlobal supportThe rise of cloud-powered remote work i

35、ntroduced new vulnerabilities.Companies must double down on device management,access management,security updates,and security training to keep sensitive company information safe.Companies that hire globally must also comply with international data privacy laws and secure WFH setups around the globe.

36、Deel HR is built on the,and is also SOC 2 certified to ensure the highest international security standards so you can be confident that your teams sensitive data is always safe and secure.Learn more:globally recognized security framework,ISO 2700111 Data Security And Privacy TipsWith international h

37、iring,its not uncommon for complex,time-sensitive scenarios to arise.Whether you need help with a relocation or payroll,our dedicated support team is available in-app 24/7 to help you and your workforce with any questions you may have across time zones and in multiple languages.Learn more:How to Hir

38、e a Customer Support AgentHRIS is fundamental,a single source of truth that feeds all your HR tech stack.All your metrics and data should come from the HRIS,and everything should be integrated into that HRIS.”21casey baileyhead of peopledeel22Prioritize global-first techGlobal viewA challenge many H

39、R departments face when managing both local and global teams is being able to view their entire workforce,inclusive of direct employees,international workers,and contractors,in one place.With,you can view and manage your entire global workforce in just one HRIS system,providing you with a single sou

40、rce of truth for your workforce data.From the platform,you can see whom you employ or contract with,where they are located,their status of work,and how you manage them compliantly through their life cycle with you.Learn more:Deel HR Limitations of Local HRIS Systems:Why Global HRIS is the Answer23Pr

41、ioritize global-first techConclusionHow you build your tech stack influences much about your company;how efficiently it functions,the culture and experience of its workforce,and how effectively it will grow and evolve.In 2023,HR practitioners must think more strategically about their HR tech to succ

42、essfully position their organizations to navigate the new reality of work.Consolidating your HR technology in one flexible,global-first platform that enables you to manage your entire global workforce and integrate your existing tech will significantly benefit you,your team,and your closest partners

43、 in Finance and IT.With,there are no bounds to what you can do and build to support your workforce.You will be able to unlock future programs,scale and iterate alongside your workforce,scale and business,workforce strategies,reduce your operational overheads,and compete globally,all while providing

44、a seamless and engaging user experience for your team.Deel HRStreamline your tech with Deels full-stack global HR platform2425Streamline your tech with Deels full-stack global HR platformDeel HR is a global-first platform that enables you to manage your entire global workforceEOR employees,direct em

45、ployees,and independent contractorsin one powerful platform.Instead of using multiple platforms to manage your global workforce,Deel HR covers everything for everyone?Easy onboarding that covers equipment,workspaces,background checks,localized contracts,and app provisionin?Consolidated people manage

46、ment that keeps expenses,time off,documents,and your entire people directory in one plac?Visual reporting for headcount planning,retention,global costs,and payroll to clearly understand the health of your entire organizatio?Deel Engage plugins for PTO(paid time off),Pulse Surveys,Onboarding,Org Charts(feature coming soon),Referrals,One-on-Ones,and more to help you track and increase engagementTo empower scaling teams,were offering Deel HR free to companies with up to 200 workers,with no setup fees or monthly costs.to see Deel HR in action.Book a demo