OysterHR vs Velocity Global
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- Built-in compliance
- Localized benefits and rewards
- Global employment
- Broad global reach
- Global hiring expertise
- Scalable global services
- Dedicated account support
- No mobile application
- May be pricey
- Not transparent about PEO plans and prices
- Local benefits are not as comprehensive as those of local PEOs
- No US industry credentials
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.
Velocity Global is a technology company focused on human resources services. It was established in 2014 and is located in Denver, Colorado. The company provides a wide range of administrative services to businesses in 185 countries. They specialize in Employer of Record (EOR) features for companies not legally established in their countries of employment. They also function as an international PEO that takes on many of the administrative tasks of running a company with a global workforce. Their services include compliance support and expert advice. They aim to support every member of your team, no matter where they are located. Velocity Global offers a well-integrated SaaS solution that provides HR, hiring, payroll, benefits, risk management, and compliance services for international companies on one convenient platform. Although they have no service awards displayed online, Velocity Global has a good industry standing on the international stage. However, they lack the industry credentials of US-based providers. They are not members of the National Association of Professional Employer Organizations (NAPEO), are not accredited by the Employer Services Assurance Corporation (ESAC), and are not certified by the IRS. Velocity Global has a B- rating from the Better Business Bureau (BBB), but they are not BBB-accredited. However, they garner mostly excellent client feedback that praises their software's ease-of-use and generally responsive customer service, some say that current job restructuring has resulted in longer support wait times.
- Business Size : any
- Cost : $399 per month per employee
- Customer Experience : excellent
- IRS-Certified : False
- Business Size : Any
- Cost : Quote-based
- Customer Experience : Excellent
- IRS-Certified : False
- Expert HR Guidance : True
- BBB Rating : B-
- Trustpilot Score : N/R
- NAPEO Member : False
- ESAC Accreditation : False
- Global payroll in 140+ currencies, one platform
- Dedicated local expertise and support
- Integration with HRIS and expense management systems
- Automated local regulations compliance
- Offices in 60 countries & 6 continents
- Full-service global onboarding
- Dedicated expert support
- Large Businesses—Undisclosed
- Medium-Sized Businesses
- Small Businesses
- Large Businesses
- Medium-Sized Businesses
- Small Businesses
- 401(k)
- Accident—Undisclosed
- COBRA Administration—Undisclosed
- Critical Illness—Undisclosed
- Disability—Undisclosed
- Employee Self-Service—Undisclosed
- HSA/FSA—Undisclosed
- Medical, Dental, Vision—Undisclosed
- Shopping & Entertainment Discounts—Undisclosed
- Work-Life Employee Assistance Program—Undisclosed
- 401(k)
- Accident
- COBRA Administration—Undisclosed
- Critical Illness—Undisclosed
- Disability
- Employee Self-Service—Undisclosed
- HSA/FSA—Undisclosed
- Medical, Dental, Vision
- Shopping & Entertainment Discounts—Undisclosed
- Work-Life Employee Assistance Program—Undisclosed
- Onboarding—Undisclosed
- Report Builder—Undisclosed
- Risk Mitigation—Undisclosed
- Time & Attendance—Undisclosed
- Unemployment Insurance—Undisclosed
- Workers' Compensation—Undisclosed
- Workplace Compliance & Safety—Undisclosed
- Onboarding
- Report Builder
- Risk Mitigation
- Time & Attendance
- Unemployment Insurance—Undisclosed
- Workers' Compensation
- Workplace Compliance & Safety
- Direct Deposit—Undisclosed
- Garnishments—Undisclosed
- Global Payroll—Undisclosed
- Payroll History & Tracking—Undisclosed
- Reimbursement Management—Undisclosed
- Salary Revision & Raise Management—Undisclosed
- Tax Services—Undisclosed
- Time-Off Requests & Scheduling—Undisclosed
- US Payroll—Undisclosed
- Direct Deposit
- Garnishments—Undisclosed
- Global Payroll
- Payroll History & Tracking
- Reimbursement Management—Undisclosed
- Salary Revision & Raise Management—Undisclosed
- Tax Services
- Time-Off Requests & Scheduling
- US Payroll
- All-In-One Software Tool—Undisclosed
- Cloud Analytics, Insights, & Reporting—Undisclosed
- Customized Reports—Undisclosed
- Global EOR Platform—Undisclosed
- Third-Party Cloud Application Integration—Undisclosed
- Virtual Assistance—Undisclosed
- All-In-One Software Tool
- Cloud Analytics, Insights, & Reporting
- Customized Reports—Undisclosed
- Global EOR Platform
- Third-Party Cloud Application Integration—Undisclosed
- Virtual Assistance
- Construction—Undisclosed
- Consulting—Undisclosed
- E-Commerce—Undisclosed
- Education—Undisclosed
- Engineering—Undisclosed
- Financial Services—Undisclosed
- Food & Beverage—Undisclosed
- Government—Undisclosed
- Healthcare—Undisclosed
- Hospitality—Undisclosed
- Legal Services—Undisclosed
- Life Sciences—Undisclosed
- Manufacturing—Undisclosed
- Marketing/Advertising—Undisclosed
- Media/Entertainment—Undisclosed
- Nonprofit/Social Services—Undisclosed
- Professional/Technical Services—Undisclosed
- Retail—Undisclosed
- Technology—Undisclosed
- Construction—Undisclosed
- Consulting—Undisclosed
- E-Commerce—Undisclosed
- Education—Undisclosed
- Engineering—Undisclosed
- Financial Services—Undisclosed
- Food & Beverage—Undisclosed
- Government—Undisclosed
- Healthcare—Undisclosed
- Hospitality—Undisclosed
- Legal Services—Undisclosed
- Life Sciences—Undisclosed
- Manufacturing—Undisclosed
- Marketing/Advertising—Undisclosed
- Media/Entertainment—Undisclosed
- Nonprofit/Social Services—Undisclosed
- Professional/Technical Services—Undisclosed
- Retail—Undisclosed
- Technology—Undisclosed
- Comprehensive Resume Search & Service—Undisclosed
- Early Access to Earned Pay—Undisclosed
- Student Loan Repayment Program—Undisclosed
- Talent Growth & Retention—Undisclosed
- Third-Party HCM Integration—Undisclosed
- Comprehensive Resume Search & Service—Undisclosed
- Early Access to Earned Pay—Undisclosed
- Student Loan Repayment Program—Undisclosed
- Talent Growth & Retention—Undisclosed
- Third-Party HCM Integration
- FAQs
- Help Guides
- Live Chat—Undisclosed
- Mobile App—Undisclosed
- Phone—Undisclosed
- FAQs
- Help Guides
- Live Chat
- Mobile App
- Phone
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