Deel’s Workforce Insight reports can assist you in this regard, alerting you to potential misclassification risks, expiring visas, and non-compliance with local labor laws such as minimum wages, benefits, and more. You can access these reports on the Deel platform or have them delivered to your email monthly, tailoring the results to your business’s unique concerns.
What problem does Deel’s workforce Insight reports solve?
Navigating the complex web of laws and regulations governing your global workforce can be daunting for both large and small businesses. The myriad of rules and regulations can impact your business structure, worker status, and tax obligations. For instance:
Permanent establishment risk
Different countries and jurisdictions have their own laws and guidelines that determine what constitutes a permanent establishment (PE) status. Understanding and adhering to these regulations is crucial for any business operating globally.
For example, in Argentina, a foreign company is considered to have PE status if it has more than 50 employees working there for more than 183 days in a taxable year. In Canada, however, a foreign company triggers PE status if it has more than ten employees working there for more than 183 days in a taxable year. Both of these scenarios impact corporate tax obligations.
Misclassification
Similarly, in some countries, what constitutes a contractor vs. an employee can change depending on how long a worker has been with the company, their responsibilities, and their degree of control over their schedule.
For instance, in Brazil, a contractor can work for a company under a fixed-term contract for a maximum of two years before the company must reclassify them as an employee. In Germany, a worker may need to convert to an employee if their income is primarily or entirely derived from the company or if the worker’s role is essential to the company’s operations.
Unauthorized workers
Companies with globally mobile workforces must also consider immigration laws and regulatory requirements that govern visas, sponsorship, work permits, and employment authorization.
Organizations are responsible for ensuring their workers have the legal documentation to work in a particular country. They must stay informed about evolving immigration laws, visa expiration dates, and renewal procedures to avoid financial penalties and potential employee deportation.
Traditionally, companies would need an entire in-house compliance function to conduct regular internal audits and risk assessments to identify and address potential workforce compliance gaps. However, with Deel’s Workforce Insights, human resources can focus on more strategic activities while the software gets to work mitigating workforce compliance risks.
How does Deel’s Workforce Insights report feature work?
Deel functions as a global HR platform and HRIS, collecting and storing your workforce data in line with the most stringent data protection regulations. Through the analysis of this data and the latest compliance software, the platform detects and generates insight reports to inform you of any current or potential workforce non-compliance. 
Deel’s Compliance Hub comprises a range of powerful AI-powered compliance management tools, each designed to help businesses stay on top of regulatory obligations. In addition to Workforce Insight Reports, Deel offers the following:
- The Worker Classifier to accurately assign employment status
- The Compliance Monitor to detect labor law changes and regulatory updates
- AI Assistant to get answers to your global hiring questions
Deel's Compliance Hub keeps you ahead in the ever-evolving world of global regulations. We actively monitor your workforce and update you on the latest legal changes so you can hire and manage with confidence.
How does the software integrate with Deel’s other platform features?
You can use Deel’s other key features to streamline the following:
- Compliant global hiring without an entity with Deel EOR
- Compliant international contractor hiring with Deel Shield
- Contract localization with Deel’s contract generation workflow
- Benefits administration
- Background checks
- HR compliance management
- Equipment management
- Equity management
- Visa and immigration support
- Global payroll
Unlock continuous compliance with Deel
Staying ahead of compliance trends is crucial for maintaining a competitive edge. In 2024, these trends are likely to emphasize the importance of technology in compliance solutions.
Deel’s compliance and HR management solution centralizes your company’s compliance activities to reduce corporate compliance risks and vulnerabilities. HR teams can automate the compliance process and bolster existing compliance programs without having to build compliance departments, conduct extensive compliance training, or outsource compliance to external providers.
Sit back while the compliance management system proactively monitors, flags, and delivers regulatory notifications and compliance insights impacting your business in real-time.
Ready to put corporate compliance on autopilot? Book a call with a legal expert to see how Deel’s compliant workforce software can take more risk off your plate than any other provider. I am running a few minutes late; my previous meeting is running over.
