BBSI PEO vs OysterHR

BBSI (Barrett Business Services Inc.) is a PEO founded in 1972, starting out as a staffing company. BBSI, which is also its symbol on NASDAQ, is headquartered in Vancouver, WA. It provides its services to small and medium-sized businesses (SMBs) spanning eight industries. They serve all 50 states in the US, with offices in 14 states. Their services include business strategy, HR consultation, risk and safety, payroll administration, workers' compensation, staffing and recruitment, employee benefits, retirement benefits, and various technology solutions. With a team of people who meet with clients on-site to understand their culture and dedication to establishing a safe workplace, BBSI provides businesses with customized services. They do not specify plans or pricing on their website, preferring prospective clients to contact them so that they can "create a pricing structure that fits their needs." They are certified by the Employer Services Assurance Corporation (ESAC), whose accreditation is considered the gold standard for PEO reliability and financial assurance. They have repeatedly earned the yearly "Great Place to Work" certification.

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.