One payroll platform for all countries and employees that seamlessly integrates with existing HRIS and expense management software
Oyster, the global employment solution to employ, pay, and care for distributed teams, announced that its Global Payroll product is now available in 24 countries. Now, organizations with multi-country teams can use one platform to quickly and compliantly run payroll operations within their existing HR tech stack and across all employment modalities—employees, contractors, or Employer of Record (EOR) team members. With Oyster’s Global Payroll, HR teams get simple, automated workflows to deliver on-time and accurate payments, alongside the trusted knowledge and support from Oyster’s payroll experts around the world.Payroll is a critical function for maintaining compliance and employee satisfaction at every organization—especially for those running payroll in multiple locations, currencies, and cycles. What’s more, using different payroll solutions for each country or modality is costly, and compounds the effort and cognitive load on HR as they navigate dissimilar and often disjointed interfaces and workflows. Oyster’s Global Payroll eliminates these manual processes and complexities, ensuring teams are paid compliantly and with accurate deductions and tax calculations, even when laws change. HR Tech Insights: Rival Workflow: New Automation Solution for Employee Experience “Running global payroll in-house simply isn’t scalable. It’s incredibly difficult to keep up with various regulations and reporting requirements, and a hassle to manage different platforms and approval workflows. The risks of getting payroll wrong are far too great, impacting everything from employee satisfaction to the bottom line,” said Oyster COO, Mark Frein. “Instead of a piecemeal approach of platforms and providers, Oyster’s Global Payroll solution delivers a best-of-breed experience through a single software solution.”“Running global payroll in-house simply isn’t scalable. It’s incredibly difficult to keep up with various regulations and reporting requirements, and a hassle to manage different platforms and approval workflows. The risks of getting payroll wrong are far too great, impacting everything from employee satisfaction to the bottom line”