Logo of Oyster

Oyster

Last updated on

Company health

Employee growth
7% increase in the last year
Web traffic
25% decrease in the last quarter
Financing
August 2024 - $288M

Reviews

G2
4.4/5
(475)
Capterra
4.5/5
(65)
Glassdoor
4.4/5
(204)

Oyster description

Oyster is a global employment platform for businesses to hire and manage full-time and contract employees in 180+ countries. It simplifies global hiring by automating tasks like generating compliant contracts, managing payroll in 140+ currencies, and offering competitive benefits packages tailored to local markets. Oyster acts as an Employer of Record (EOR), eliminating the need for businesses to set up legal entities in foreign countries. It aims to ensure legal compliance and streamline global employment complexities, making international hiring more accessible.


Who is Oyster best for

Oyster's ideal customer is a rapidly expanding business aiming to hire globally without the complexities of establishing foreign entities. Users praise Oyster's platform for its user-friendliness and ability to streamline international hiring. However, some users have expressed concerns about limited benefits options and occasional payroll issues.

  • Ideal for rapidly growing businesses.

  • A good fit for Finance, Banking & Insurance, and Software & IT.


Oyster features

Type in the name of the feature or in your own words tell us what you need
Supported

Oyster provides tools and services to ensure compliance with local labor laws.

Supported

Oyster allows creating custom benefit packages tailored to employee needs.

Supported

Oyster acts as the Employer of Record and handles legal employment globally.

Supported

Oyster can automatically generate legally compliant contracts specific to the country of employment.

Supported

Oyster automates tax calculations, filings, and ensures compliance.

Supported

Oyster supports multi-country payroll, handling local regulations and taxes.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Neutral
-0.16

Customer Service

Rather positive
+0.5

Ease of Use

Strongly positive
+0.88

Reliability and Performance

Rather positive
+0.31

Ease of Implementation

Rather positive
+0.62

Scalability

Rather positive
+0.45

Oyster reviews

We've summarised 540 Oyster reviews (Oyster Capterra reviews and Oyster G2 reviews) and summarised the main points below.

Pros of Oyster
  • User-friendly platform and intuitive user interface.
  • Responsive and helpful customer support.
  • Streamlined onboarding process.
  • Enables hiring in countries without establishing a legal entity.
Cons of Oyster
  • Limited benefits options and expensive benefits packages.
  • Payroll issues, including inaccurate payments and late payslips.
  • Slow customer support response times.
  • Difficulties in customizing contracts.

Oyster pricing

The commentary is based on 129 reviews from Oyster Capterra reviews and Oyster G2 reviews.

Oyster's pricing receives mixed reviews from users. While many appreciate its transparent pricing structure and value for global hiring, some find the platform expensive, especially for small businesses or those with multiple hires.

Users sentiment

Neutral
-0.16

See the Oyster pricing page.

  • Oyster has a free trial.

Contractor

$29/contractor/month

Includes generating compliant contracts, onboarding in minutes, managing invoices in 140+ currencies, and more.

Global Payroll

Starting at USD 25/month/employee

Includes multi-country payroll, accurate and compliant payments, payroll specialist support, payslip and report generation, and workflow integration.

Employer of Record

Starting at USD 699/employee/month

Includes compliant hiring in 100+ countries, fast talent onboarding, payroll in 180+ currencies, access to employment intelligence and support, reduced IP risk, and confidentiality and IP assignment agreements.

Scale

Custom

This plan includes everything in the Employer of Record plan, plus reduced annual rates, waived extra onboarding costs, and access to dedicated support managers.


Oyster alternatives

  • Logo of BambooHR

    BambooHR

    More suitable for companies focused on domestic rather than global hiring.
  • Logo of Remofirst

    Remofirst

    More suitable for small to medium businesses and has a more affordable pricing structure.
  • Logo of Paylocity

    Paylocity

    Better suited for companies operating in a variety of industries. It is growing faster. Users report that it has a user-friendly interface and robust payroll functionality. However, some users have mentioned inconsistent customer service experiences.
  • Logo of Rippling

    Rippling

    Rippling has a broader industry application. It is growing faster and has a more extensive user base. Rippling also offers a wider range of functionalities beyond just HR and payroll.
  • Logo of Transformify

    Transformify

    Better for managing freelancers in addition to employees. It's also a much better fit for small to medium businesses and the e-commerce industry. However, keep in mind that it is growing slower than Oyster.
  • Logo of ClickUp

    ClickUp

    Better for task management and project planning. It is growing faster and has more momentum. It's also a better fit for a wider range of industries. ClickUp is praised for its positive pricing sentiment.

Oyster FAQ

  • What is Oyster and what does Oyster do?

    Oyster is a global employment platform that helps businesses hire and manage employees in over 180 countries. Oyster streamlines international hiring by automating tasks like generating contracts, managing payroll, and offering benefits packages while ensuring legal compliance. This makes it easier for businesses to expand their operations globally.

  • How does Oyster integrate with other tools?

    Oyster integrates with various HRIS, payroll, and benefits providers, simplifying data synchronization and streamlining workflows. It offers integrations with popular tools like BambooHR, Workday, and Gusto.

  • What the main competitors of Oyster?

    The main alternatives to Oyster are **Remofirst, Globalization Partners, and Deel**. These companies offer similar global employment solutions, including Employer of Record (EOR) services, payroll, and benefits administration for businesses hiring internationally.

  • Is Oyster legit?

    Oyster is a legitimate global employment platform. It receives positive reviews for its user-friendly interface and streamlined onboarding. However, potential users should be aware of user feedback regarding limited benefits options and occasional customer support delays.

  • How much does Oyster cost?

    Oyster pricing starts at $29 per contractor per month. They offer a Contractor plan and an Employer of Record plan starting at $699 per employee per month. Oyster also offers add-ons such as benefits packages and visa sponsorship.

  • Is Oyster customer service good?

    Based on the reviews, Oyster customer service is generally considered responsive and helpful. Users appreciate the quick response times and thorough assistance provided. However, some users have experienced occasional delays and inconsistencies in the quality of support.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.