Oyster Expert Review, Pricing, Alternatives - 2022
Oyster lets you hire, pay, and provide benefits to your team members across a myriad of borders.
What's Inside
Oyster is notable among the global payroll vendor landscape for being able to help with hiring, compliance, benefits, payroll, and other HR processes in over 180 countries. You can hire and onboard A-players, regardless of their location, in a matter of days.
Another cool thing about Oyster is that they're a remote company too. Their team is distributed across 30+ countries and 5 continents, so they're certainly no strangers to the remote-first philosophy, which is evident in their product and operation.
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- Hiring and HR processes in 180+ countries
- Grew revenues 8x in the last year
- Aggregated invoices: You can manage all invoices in one portal and pay all global team members from the same place, all in a matter of a few clicks.
- Expense reimbursement: Oyster also offers a reimbursement tool, so you can reimburse employees when they purchase what they need to perform their best work.
- Local health benefits: Cover team members at competitive rates and in over 175 countries, all under the same healthcare plan. A great perk is that these benefits are accessible even during short or long term travel to every country on earth.
As of 2022, Oyster is working on integrations with HRIS's and various accounting software.
With Oyster, you can choose whether to hire people with them acting as the employer of record, or take people on as contractors. You can have up to two contractors for free. Then, pricing is as follows:
- Contractors: $29 per team member per month
- Business: pay $399 or $699 per employee per month, when Oyster acts as the EOR.
- Enterprise: get custom pricing for extra HR and legal support apart from payroll processing services.
Aside from having a CS department, Oyster also has several interesting resources available for free. Through their website, you can use their cost calculator, get a contractor assessment, and even check out a guide they put out on the best cities to live, work, and hire from as a digital nomad.
Security-wise, it's worth noting that Oyster adheres to some of the most rigorous standards when it comes to data management. They use SSL encryption all throughout their product, and are also pursuing GDPR, ISO 27001, and NIST CSF certifications.
