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☆ More Americans are working remotely for international companies—here's where they live
▼ + stars: | 2024-02-04 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

The hiring game is getting globally competitive: The number of American workers hired by international companies grew 62% last year, according to the State of Global Hiring Report from Deel, an HR platform that specializes in global hiring. Most of those roles allow Americans to work remotely, and workers in some U.S. cities are more likely to take on the arrangement. Americans who work remotely for international employers tend to live in San Francisco, according to the report. As far as roles go, international companies are eager to hire Americans to fill jobs in research, sales, software engineering, content and product. Check out: U.S. workers are getting scooped up by international companies hiring remote roles

Persons: Alex Bouaziz, Bouaziz Organizations: State, Global, Workers, San, San Francisco New York Chicago Austin Miami Portland Boston Atlanta Seattle Dallas Locations: Deel, San Francisco, Bay, U.S, San Francisco New York Chicago Austin Miami Portland Boston Atlanta Seattle Dallas These U.S, Canada, France, Singapore, Australia

☆ The 7 most popular countries for U.S. workers moving abroad
▼ + stars: | 2024-01-28 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

For many Americans, work hasn't just gone hybrid or remote — it's gone global. That's based on 300,000 contracts between Deel customers and workers. The majority, 85%, of Deel's contracts are for remote jobs, but there's also interest among a select few to actually move abroad. Many workers are highly interested in location flexibility, whether they want to move around or simply untether their work from where they live. Want to be smarter and more successful with your money, work & life?

Persons: hasn't, That's, there's, Alex Bouaziz, Bouaziz, FlexJobs, Toni Frana, Frana, that's Organizations: State, Global, Portugal Spain United Kingdom United, CNBC Locations: Deel, Portugal, Emirates Canada Germany France, Southern Europe, Dubai, Expats, Spain, UAE, expats, Malaga, Alicante, Valencia

☆ U.S. workers are getting scooped up by international companies hiring remote roles
▼ + stars: | 2024-01-25 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

The number of American workers hired by international companies grew 62% last year, according to the State of Global Hiring Report from Deel, an HR platform that specializes in global hiring. The report is based on 300,000 contracts between Deel customers and workers for both contractors and full-time employees, and roughly 85% of those contracts are for remote positions. American workers are most likely to be hired by companies in the U.K., Canada, France, Singapore and Australia. The spike in U.S. workers vying for remote jobs headquartered overseas "feels correlated with the elimination of remote roles" stateside, says Deel CEO Alex Bouaziz. By age, roughly half of American workers with contracts via Deel are between 25 and 34 years old; 18% are between 35 and 44, while 25% are 45 years or older.

Persons: Alex Bouaziz, Bouaziz, downsides Organizations: State, Global, Workers Locations: U.S, Deel, Canada, France, Singapore, Australia, San Francisco , New York, Chicago, Austin, Miami

☆ US lawmakers are calling for a Department of Labor investigation into $12B HR startup Deel over its use of independent contractors, citing Insider's investigation
▼ + stars: | 2023-07-26 | by ( Rob Price | ) www.businessinsider.com time to read: +4 min

Democratic lawmakers are demanding a Department of Labor investigation into HR startup Deel. In March, Insider reported on internal concerns at Deel over its use of independent contractors. A group of Democratic congresspeople led by California representative Adam Schiff are calling for a federal investigation into the $12 billion HR startup Deel for allegedly misclassifying employees as independent contractors. Insider's March 2023 story found the startup, which helps large organizations hire and manage workers around the world, classified at least half of its workers as independent contractors. Deel workers who are hired as independent contractors do not receive certain employment rights that they would otherwise be entitled to if they were full-time employees.

Persons: Adam Schiff, Democratic congresspeople, Julie Su, Deel, Alex Bouaziz, Bouaziz, Schiff, Bill Pascrell, Raúl, André Carson, John Garamendi of, Haley Stevens of, Red Bull, Stephen Padilla Organizations: Department of Labor, Morning, Democratic, Labor, United States Department of Labor, Bloomberg, Insider's, Haley Stevens of Michigan, Nike, state's Labor, Workforce Development Agency Locations: California, Canada, Australia, France, Germany, Spain, Greece, Brazil, Turkey, India, Pakistan, Hong Kong, Singapore, Philippines, Nigeria, New Jersey, Arizona, André Carson of Indiana, John Garamendi of California

☆ A California state senator is calling for a labor investigation into $12B HR startup Deel over 'brazen employment misclassification' after Insider's reporting
▼ + stars: | 2023-07-06 | by ( Rob Price | ) www.businessinsider.com time to read: +6 min

$12 billion HR startup Deel is facing calls for a California Secretary of Labor investigation. Multiple California state senators criticized Deel for misclassifying workers, citing reporting from Insider. The company is heavily reliant on independent contractors, Insider previously reported. A California senator is calling for the state's Secretary of Labor to investigate Deel, a buzzy San Francisco-based HR startup valued $12 billion, over "brazen employment misclassification." 17 current or former Deel workers had told Insider in March that they had concerns the company may be misclassifying contract workers' employment status.

Persons: Deel, Stewart Knox, Stephen Padilla, Andreessen Horowitz, Emerson, Alex Bouaziz, Padilla, Dave Cortese, María Elena Durazo, We've, Thomas Lenz Organizations: Labor, Morning, Labor and Workforce Development Agency, Contractors, Senate Labor, Public, Global Employment, University of Southern California Gould School of Law Locations: California, San Francisco, Canada, Australia, France, Germany, Spain, Greece, Brazil, Turkey, India, Pakistan, Hong Kong, Singapore, Philippines, Nigeria

☆ HR firm CEO says more US companies are 'nearshoring' less-expensive workers from Latin America
▼ + stars: | 2023-05-11 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Global human resources company Deel says more US-based companies are hiring workers from Latin America. Deel's CEO says US companies can hire Latin America-based staff at a lower cost than domestic employees. It's called "nearshoring," and in this case it's companies zeroing in on workers from Latin America who can work in a time zone close to the US — and for less money than US-based staff. Deel said in the first quarter of this year, it's seen a 50% increase in US companies hiring workers from Latin America when compared to the same quarter last year. Deel's 2022 State of Global Hiring Report shows that Latin American countries were at the top of the list from where global companies were hiring.

☆ Workers at $12 billion HR startup Deel say they may have been misclassified as independent contractors. Deel says it has not.
▼ + stars: | 2023-03-23 | by ( Jenna Gyimesi | Rob Price | ) www.businessinsider.com time to read: +4 min

Over half the company's workers are classified as independent contractors — including the CEO. But in a recent Insider feature, workers at the $12 billion company said they have concerns Deel may have misclassified them and their colleagues as independent contractors. At least half the company's 2,000 workers around the world are employed as independent contractors. Many workers that Insider spoke to said there seems to be no noticeable difference in the responsibilities of independent contractors and employees. While most independent contractors work on short-term tasked based projects, contracts reviewed by Insider showed independent contractors at Deel work for multiple years at a time.

☆ Deel Speed: The inside story of a $12 billion HR startup's breakneck growth
▼ + stars: | 2023-03-20 | by ( Rob Price | ) www.businessinsider.com time to read: +32 min

Insider spoke with more than 30 current or former Deel workers about the HR company's extraordinary rise, and the unconventional tactics that made it possible. "I think if you talk to anyone, they would say that Alex is the face but all decisions run through Phillipe," one former Deel worker told Insider. "They lose every employment and labor protection," Valerio De Stefano, a professor at Osgoode Hall Law School, said of independent contractors. Alex Bouaziz, Deel on Centre Stage during day two of Collision 2022 at Enercare Centre in Toronto, Canada. The company didn't have an internal human-resources team until sometime in 2021, by which point it had grown to hundreds of people.

☆ HR startup Deel striving to be more than a well-funded flash in the pan as it confirms $12 billion valuation and touts five-fold jump in annual revenue
▼ + stars: | 2023-01-23 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

HR startup Deel, which lets employers hire remotely, has raised capital at a $12 billion valuation. The funding round more than doubles the company's previous $5.5 billion valuation. The founder of HR startup Deel has insisted the company is more than just a "well-funded flash in the pan" as he confirmed a long-mooted funding round that more than doubled its valuation to $12 billion. Deel also automates payroll, benefits, compliance, and other HR functions through an API to help companies scale remote teams. The company previously raised $425 million at a $5.5 billion valuation in a round led by Coatue in October 2021.

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