Its 4,500 employees work 100% remotely and are doing phenomenally

2024 is being the year of the massive return to offices. Large technology companies such as Amazon or Dell have closed their adventures with teleworking and many other companies are following in their footsteps by tightening their hybrid working conditions.

However, as if it were the small French town of Asterix that resists conquest, Deel is a San Francisco company that has achieved a milestone: keeping all its employees remote.

They live from teleworking. Deel is a relatively young company in the Fintech sector founded in 2019 by French entrepreneur Alex Bouaziz and supported by important investors such as Andreessen Horowitz or the startup incubator Y Combinator led by Sam Altman.

The core of its activity is based on managing the hiring and payment of payroll to employees who work remotely for the companies that hire its services. Therefore, teleworking forms a very important part of your business.

All your employees remote. However, it is one thing for your business model to manage remote employees of other companies, and quite another for your own employees to be remote. Zoom is a good example of this. But that is the merit that must be given to Deel.

Despite being a young company, Deel has 4,500 employees spread around the world and, as its founder recognizes in a message published on his X profile, Deel is the global company with the largest number of remote employees in the entire world. world, with all its employees working 100% remotely. In fact, although the company has its headquarters in San Francisco, the geographical location of the X account of its CEO and founder indicates that it is in New York.

A distributed team. According to Bouaziz, the company is present in more than 104 countries from which its employees operate 100% remotely, managing the payments and payrolls of the remote employees of its clients, to whom, according to the data provided by its CEO, They have sent more than 11 billion dollars in more than 100 different currencies.

This distributed structure makes local management with your clients much simpler and more natural than if the bulk of the staff that serves them is located in a different time zone. Which posed a challenge for team management in other companies such as Eventbrite, which, although with a smaller team, also operates mostly remotely.

Employees are satisfied. According to the ratings published on the Glassdoor portal by employees who work or have worked at Deel, the company offers very good working conditions, obtaining a rating of 4.6 out of 5 and 91% of its current staff would recommend a friend work. in it.

Among its main advantages, registered users on Glassdoor highlight the flexible hours and teleworking, which is presented as the dream position for a digital nomad.

The world as a job market. The company has a good number of vacancies open and, as could not be otherwise, all of them are remote and full-time. A peculiarity is that, instead of specifying a certain city in the world, its vacancies section is filtered by countries and even geographical areas that the position will be filled, indicating that the place from which you work does not matter.

In its hiring model, Deel exploits one of the great advantages of remote work, that of the availability of talent without imposing geographical limits, while companies that force presence in their offices force their employees to move or access only the offers of employment close to their places of residence.

In WorldOfSoftware | Teleworking has not only resisted, it has grown: Spain registers 14.4% teleworking and 37.5% in hybrid work hours

Image | Unsplash (Alesia Kazantceva)