It’s the little things that make a big difference: July product updates

See what’s new this month.

Oyster Product Updates: July 2024

Oyster Team

At Oyster, we believe it’s the small details that make a big difference. We pride ourselves on ensuring every task, no matter how minor, is a pleasant experience for both our customers and team members. This month, we’re celebrating those often overlooked features that enhance the user experience in subtle but impactful ways.

Let’s dive in to what’s new this month:

  • Adjust pay fairly when relocating team members
  • Past employment verification letters for your team members

Adjust pay fairly when relocating team members

Did you know Oyster offers a free tool called the Global Salary Converter? This tool is essential for estimating the appropriate salary when relocating team members internationally. By using up-to-date cost of living data that includes rent, food, clothing, transportation, and more, the Global Salary Converter helps ensure your team maintains a similar lifestyle in their new country.

Past employment verification letters for your team members

To help you save time and effort, former team members can now request past employment verification letters in the Oyster platform and in just a few clicks.

SAP Concur Expense integration

We’re thrilled to announce the launch of our integration with Concur Expense! 🚀 You can now manage your expenses directly from Concur Expense while ensuring that they’re accurately paid out to your Oyster hires through our robust payroll system.

What else is new?

TriNet Integration: TriNet and Oyster are teaming up to help companies employ global talent. Through our collaboration and platform integration, businesses can onboard, pay, and care for employees in the U.S. and beyond (180+ countries), all while maintaining local compliance. Set up integration.

Vacation rules for Brazil Team Members: In Brazil, Team Members are not allowed to take any paid vacation days in their first year of employment. Our platform enforces this policy by restricting the use of paid vacation days until the completion of their first year of service. Learn more.

Can’t wait to see these new features in action? Log in to Oyster to try them out yourself!

About Oyster

Oyster is a global employment platform designed to enable visionary HR leaders to find, engage, pay, manage, develop, and take care of a thriving distributed workforce. We let growing companies give valued international team members the experience they deserve, without the usual headaches and expense of hiring abroad.

Oyster enables hiring anywhere in the world—with reliable, compliant payroll and great local benefits and perks.

Learn more about Oyster

Watch our explainer video to learn all you need to know or book a demo with our team to get direct information.

Illustrated world map with simplified continents on a folded paper against a dark, radial background.

About Oyster

Whether you’re engaging employees, contractors, or running payroll across borders, Oyster helps you bring on great talent by making global employment simple and human.

With Oyster, you get a platform that moves fast and in-house HR experts who care about getting it right. As the only B Corp-certified EOR, you can be sure that when you grow with Oyster, you grow responsibly.

Book a demo to access our best pricing for readers

FAQs

What is an EOR?

An employer of record (EOR) is an entity that legally employs workers on behalf of another business. An EOR takes full responsibility for all aspects of employment, including compliance, payroll, taxes, and benefits.

Is it hard to switch from another EOR provider?

Switching from one employer of record partner to another can be seamless with the right planning and support.

Oyster offers a dedicated team of specialists who guide you through the process compliantly, while keeping your team members’ experience at the center.

What is an EOR in payroll?

An employer of record is an entity that employs workers on behalf of another business. An EOR partner takes on the responsibility of many HR services, including payroll administration. When you work with an EOR partner to employ global talent, you provide funds to the EOR and they will handle salary disbursement, ensuring proper tax withholding, social security contributions, and retirement account funding.

Book a demo to access our best pricing for readers