Fourth vs OysterHR

Fourth PEO, a leading Human Capital Management (HCM) software company headquartered in Austin, Texas, specializes in Professional Employer Organization (PEO) services for small and medium-sized businesses (SMBs). With a foundation in HCM since 1999, they have expanded into the PEO sphere, incorporating AI-driven technology into their platform. Catering to industries like restaurant, hospitality, and retail, Fourth offers a range of services, including payroll, HR solutions, benefits administration, tax management, and compliance assistance. While praised for live chat support, a dedicated HR team, and AI-driven tech, drawbacks include the lack of ESAC accreditation and limited pricing transparency. Despite some mixed customer feedback, Fourth remains a reputable choice for SMBs seeking streamlined business operations.

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.