Amplify PEO vs OysterHR

Amplify HR is a PEO that provides human resources and payroll services to small and medium-sized businesses (SMBs). The company was founded in 2018 and is headquartered in Lincolnshire, Illinois. They help each of their client's businesses and employees grow by handling the administrative aspects of HR, payroll administration, risk management, employee benefits administration, workers' compensation, and compliance. They use a cloud-based technology portal to deliver their services, like payroll information, benefit deductions, and time clock information. They claim that their clients experience 32% faster growth and 21% cost savings and that it saves companies an average $1,185 per employee per year. They do not share specific solution plans or pricing on their website, so prospective clients have to submit a form to be contacted.

OysterHR offers an all-in-one global employment platform (GEP) that helps businesses hire, pay, and care for their distributed team in over 180 countries. Its services are similar, but OysterHR is not a PEO. It does offer a global employment consulting service and operates as a hybrid Employer of Record (EOR) in most countries. It was founded in 2020 and is headquartered in Wilmington, DE. Its services include guided onboarding, global employment software solutions, HR process streamlining, global health benefits, localized recommendations, compliance and protection, and an all-in-one platform covered by on-demand support. OysterHR offers three service options on their website, where clients can choose to pay $29 per contractor per month, or $599 per employee a month for their global EOR and employee management solution, $499 per employee a month if the client opts for the annual plan. There is also a discounted Scale plan for which prospective clients must request a quote. OysterHR is considered a "unicorn" business and has earned certification as a B Corporation, honoring it as a business that upholds the strict criteria of social and environmental performance, openness, and responsibility.