San Francisco, CA – December 19, 2024 – Deel, a leading global payroll and HR platform, today announced the acquisition of Assemble, a prominent compensation management company. This strategic move aims to enhance Deel's capabilities in delivering comprehensive payroll and HR solutions worldwide.

Since its inception in 2019, Deel has enabled businesses to hire, pay, and manage teams across more than 150 countries with compliance and ease. The integration of Assemble's technology is set to streamline compensation management for global teams, addressing challenges such as diverse market rates, compliance complexities, and the growing demand for fairness and transparency in compensation.

Assemble's platform offers:

  • User-Friendly Interface: Allows companies to create structured compensation plans, manage pay and equity bands, ensure pay transparency, and gain data-driven insights to retain talent, all within a self-service platform.
  • Seamless Integration and Insights: Integrates with leading HRIS solutions, Applicant Tracking Systems (ATS), and cap table tools like Carta, consolidating insights. It also utilizes aggregated and anonymized market data to provide industry insights, ensuring a company's compensation strategy aligns with industry standards.
  • Comprehensive Stakeholder Dashboards: Offers tailored dashboards for executives, HR leaders, managers, employees, and candidates, providing clear overviews of compensation, insights into pay equity, and market benchmarks. This transparency fosters trust and enhances satisfaction among all stakeholders.

"Compensation is more than just numbers on a paycheck; it's a critical tool for attracting and retaining top talent," said Alex Bouaziz, CEO of Deel. "By integrating Assemble's innovative platform, we're empowering companies to make informed, equitable, and competitive compensation decisions on a global scale."

The acquisition underscores Deel's commitment to providing a unified platform that addresses all aspects of payroll and HR management, further simplifying the complexities of managing a global workforce.

For more information about Deel and its services, visit www.deel.com.

About Deel

Deel is an all-in-one HR solution for global teams, helping companies simplify every aspect of managing an international workforce, from culture and onboarding to local payroll and compliance. With entities in over 150 countries, Deel enables businesses to hire anyone, anywhere, compliantly and in minutes.

About Assemble

Assemble is a leader in compensation management, offering a platform that simplifies the complexities of global compensation. By providing structured compensation plans, pay transparency, and data-driven insights, Assemble helps companies make better compensation decisions faster.