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 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 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


    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.