Oyster Employer of Record pricing
Published price
$699 per employee per month
Oyster lists its Employer of Record plan at that price. The thirteenth lowest of the thirteen vendors here that publish a price.
What does one employee in Brazil cost through Oyster?
On top of the salary, Brazilian law makes the employer pay 20 percent social security (Lei 8.212/1991 art. 22) and 8 percent into the worker's FGTS account (Lei 8.036/1990 art. 15). Oyster charges its fee on top of both.
Includes the thirteenth salary: Brazilian law requires 13 monthly salaries a year, added here at face value. Not included: the employer charges on that extra salary, benefits and any currency conversion fee.
And in the United Kingdom
A UK employer pays 15 percent National Insurance on pay above a yearly threshold, and at least 3 percent into the worker's workplace pension, both set by the government on gov.uk. Oyster charges its fee on top.
This slightly overstates the cost: both rates are worked out here on the whole salary, while the law applies them only above a threshold or within a pay band. Not included: holiday pay rules, benefits and any currency conversion fee.
What does Oyster say about deposits, contracts and exit costs?
Does Oyster charge any other fees?
Oyster does not add extra charges for essentials like setup and onboarding, talking to HR experts, or processing terminations
source
Does Oyster ask for a deposit?
Oyster requires a refundable deposit for EOR Team Members to initiate the engagement and to ensure on-time payments to your team.
source
How does Oyster handle currency conversion?
Oyster charges a fee for currency conversions but the fee applies only if you pay us in a currency different from the contract currency.
source
What does Oyster charge for contractors?
Oyster also sells Global Contractors at $29 per contractor per month. The lowest published is Skuad's Contractor Management System, starting at $19.
Closest in price to Oyster
Where these numbers come from
- Oyster's pricing page read
- Atlas HXM's pricing page read
- Deel's pricing page read
- Skuad's pricing page read
- Lei 8.212/1991 and Lei 8.036/1990 on planalto.gov.br
- HMRC rates and thresholds for employers and workplace pension minimums on gov.uk