OysterHR vs Velocity Global

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.

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.