New HR Tech from Deel, SkillCycle

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Deel, the global HR company, recently announced the launch of Deel HR, US Payroll, and Deel Engage, making it possible, for the first time, to hire, manage, and pay global teams compliantly on one platform. This news comes as Deel hits $295 million annual recurring revenue (ARR) at a $12 billion valuation – up from just $57 million ARR a year ago.

New functionality includes:

  • Deel HR  The global-first Human Resources Information System (HRIS) with everything needed to compliantly manage an entire global workforce – from direct employees, to international contractors, to EOR employees. Deel HR will be free for businesses with fewer than 200 people, roughly a $20k savings for companies.
  • US Payroll  This marks the expansion of Deel’s global payroll offering with its first in-house payroll engine, starting in the US. It will never be simpler to handle payroll for global teams, all in one platform.
  • Deel Engage  A set of HR Slack plug-ins connected to Deel HR to help distributed teams build a stronger culture, increase team collaboration, manage time off requests, 1-on-1s, candidate referrals, and more.

GoCoach, a leading Coach Marketplace and Learning Experience Platform that serves mid-market and enterprise customers, today announced a series of innovative product developments including a company rebrand as SkillCycle and a complete overhaul of its core user experience. SkillCycle now brings all of the tenets of talent, learning, and career development together into one ecosystem to weave personalized learning into every stage of the employee lifecycle to empower companies to develop human capital before its managed.

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The work-life success platform produces metrics that matter for senior organizational stakeholders to lead to true productivity outcomes. Designed to allow leadership, L&D and HR teams to quietly hire and build talent within their organization, SkillCycle offers a full and personalized learning experience for career and growth progression. 

Key features of SkillCycle’s robust, all-in-one employee lifecycle suite of services include performance management, engagement and learning plus a certified coaching marketplace to serve the needs of mid-markets and enterprises and all of their employees. Skillcycle brings equity in development to enhance equity in jobs, pay and more with learning at its core.

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