Oasis PEO vs OysterHR

Paychex acquired Oasis Outsourcing in 2018 for $1.2 billion in cash. Oasis Outsourcing was an ESAC-accredited human resources services company based in Florida that offered services in human resources, employee benefits, and payroll processing. The acquisition was about building revenue, and Paychex aimed to grow its human resource outsourcing capability and extend its technology to a new client base as part of the acquisition. While Oasis initially operated as its own entity, it is now fully part of the Paychex brand as one of the available solutions in "Paychex HR."

Oyster HR was founded in 2020 with a straightforward mission: to make quality jobs accessible to people everywhere, regardless of geography. Headquartered in the US and operating across more than 180 countries, they have grown rapidly since launch, reaching a valuation of $1.2 billion as of 2024 and raising $286 million in total funding from investors including Salesforce Ventures, PayPal Ventures, and Slack Fund. Their platform is built primarily around Employer of Record services, though they also offer a US PEO product, global payroll, and contractor management. Key features include automated compliance, localized employment contracts, multi-currency payroll, and an employment cost calculator that helps businesses plan hiring budgets by country. On review platforms, they hold a 4.4 out of 5 on G2 and a 4 out of 5 on Trustpilot, with users most frequently praising the onboarding experience, platform usability, and compliance reliability. Common criticisms center on customer support responsiveness and pricing relative to competitors.