If you’re reading this, you’re probably exploring expanding your team internationally or streamlining your global workforce management. You’ve heard about Employer of Record (EOR) services and are considering Deel and Oyster HR as potential solutions for your business needs.
But you’re also probably uncertain about:
- How Deel and Oyster HR compare in terms of features, pricing, and global reach
- Which platform offers better compliance management and risk mitigation across multiple countries
- The user experience and ease of implementation for each service
- Whether Deel or Oyster HR is the right fit for your specific business size and industry
- The potential drawbacks or limitations of using either platform as your EOR
If that sounds familiar, this comprehensive comparison will provide the insights you need to make an informed decision. This detailed analysis could save you significant time in research and help you avoid potentially costly mistakes in your global expansion journey.
The key to choosing between Deel and Oyster HR lies in understanding their unique strengths and how they align with your specific business needs:
TLDR: Choose the right EOR solution:
- Deel: Best for businesses hiring contractors globally, with a user-friendly interface and extensive integrations.
Get started with Deel - Oyster HR: Ideal for companies needing strong support and guidance through the international hiring process.
Try Oyster HR now
Here’s what you’ll learn:
- Overview of Deel and Oyster HR (the essentials you need to know)
- Key features and benefits of each platform (what sets them apart)
- Pricing structures and value propositions (is the investment worth it?)
- User experiences and platform interfaces (because ease of use matters)
- Security and compliance measures (crucial for global operations)
- Pros and cons of each service (the good, the bad, and the noteworthy)
- Recommendations for different business types (who should choose which)
By the end of this comparison, you’ll understand Deel’s and Oyster HR’s strengths and limitations, enabling you to choose the EOR solution that best fits your company’s global workforce needs, compliance requirements, and overall business strategy.
Deel
Country Coverage: 150+ Countries
G2 Rating: 4.85/5
EOR Pricing: $599 per employee/month
Contractor Pricing: $49 per contractor/month
Oyster HR
Country Coverage: 180+
G2 Rating: 4.4/5
EOR Pricing: $599 per employee/month
Contractor Pricing: $29 per contractor/month
Overview of Deel and Oyster HR
Deel and Oyster HR are two popular options for managing HR and payroll globally. Both offer services to handle compliance, hiring, and onboarding for a global workforce.
Overview of Deel
Deel provides Employer of Record (EOR) services, allowing companies to hire employees and contractors internationally. The platform manages payroll, onboarding, compliance, and taxes across multiple countries.
Deel supports W-2 and 1099 forms, making them flexible for hiring needs. It also includes tools for benefits management and equity tracking. My experience with Deel showed that it integrates with popular software like QuickBooks and Xero, simplifying accounting and financial management.
Key Details:
- Pricing: Tiered based on services
- Coverage: 150+ countries
- Key Features: EOR services, contractor management, compliance, payroll, mobile app
- Integrations: QuickBooks, Xero, NetSuite
Company Information
- Headquarters: San Francisco, United States
- Founders: Alex Bouaziz, Shuo Wang, and Ofer Simon
- Funding: Over $680 million
- Founding Date: 2019
Overview of Oyster HR
Oyster HR specializes in EOR services, helping companies hire, pay, and manage talent worldwide. It also handles local compliance, tax filings, benefits, and employment contracts, easing businesses’ HR tasks.
With Oyster HR, onboarding employees in different countries is straightforward, and it ensures compliance with local laws. One standout feature is its customizable benefit packages tailored to each location. Oyster HR integrates smoothly with platforms like BambooHR and Zapier, enhancing its utility.
Key Details:
- Pricing: Subscription-based
- Coverage: 180+ countries
- Key Features: EOR services, international payroll, benefits management, compliance
- Integrations: BambooHR, Zapier, Greenhouse
Recently, Oyster HR has raised $59 million in Series D funding led by Silver Lake Waterman. This investment boosts Oyster’s value to $1.2 billion and total funding to $286 million. Oyster plans to use the funds to expand its product offerings, enhance compliance, and help companies attract top talent. The company, which supports borderless teams with services like global payroll and visa sponsorships, aims to democratize access to global job opportunities. Over 40% of its workforce is in emerging markets, and it operates in over 180 countries, simplifying global employment for its clients.
Company Information
- Headquarters: San Francisco, California
- Founders: Tony Jamous and Jack Mardack
- Funding: Raised $286 million in multiple funding rounds
- Founding Date: 2020
| Feature | Deel | Oyster HR |
|---|---|---|
| Pricing | Tiered based on services | Subscription-based |
| Coverage | 150+ countries | 180+ countries |
| Key Features | EOR services, contractor management, compliance, payroll, mobile app | EOR services, international payroll, benefits management, compliance |
| Integrations | QuickBooks, Xero, NetSuite | BambooHR, Zapier, Greenhouse |
Key Features of Deel
Deel offers 10 key features that set it apart.
These key features include:
- Global Payroll: Processes payroll in multiple currencies and supports various payment methods, including cryptocurrency.
- Automated Compliance: Continuously monitors and flags potential compliance risks across multiple jurisdictions.
- Employer of Record (EOR) Services: Enables companies to hire employees in over 150 countries without setting up local entities.
- Contractor Management: Allows management of both employees and contractors on the same platform.
- Legal Contracts: Generates locally compliant employment contracts tailored to each country’s regulations.
- Benefits Administration: Provides locally aligned benefits packages with multiple tiers in most markets.
- Onboarding and Offboarding: Streamlines the employee lifecycle management process from hiring to departure.
- Expense Management: Facilitates expense submission and reimbursement for global teams.
- Reporting and Analytics: Offers centralized, granular reporting for workforce data to support informed decision-making.
- Visa and Immigration Support: Assists with work visa and immigration processes for international hires.
Key Features of Oyster HR
Oyster HR offers 8 key features that set it apart.
These key features include:
- Global Hiring Platform: Simplifies hiring across borders, managing everything from job postings to employment contracts in over 180 countries.
- Compliance Management: Ensures adherence to local labor laws and regulations in each country, minimizing legal risks.
- Payroll Processing: Handles payroll calculations, payments, and tax withholdings in over 120 currencies.
- Benefits Administration: Offers locally aligned benefits packages with multiple tiers in most markets.
- Contractor Management: Allows management of both employees and contractors on the same platform, with easy conversion options.
- Global Payroll Solution: Recently introduced for companies with existing entities, expanding service offerings.
- Visa and Immigration Support: Assists with work visa and immigration processes for international hires.
- Oyster Academy: Provides a platform for upskilling employees, enhancing talent development.
Pricing and Plans
I compared Deel and Oyster HR’s pricing and plans. Each service offers different structures and plans suited to contractors and employees. Here’s what I found.
Deel Pricing
Deel offers several plans to support various business needs and sizes. A Contractor Plan starts at $49 per contractor per month, which includes payment and compliance tools. For more comprehensive features, you can choose the Deel Premium or Deel Shield plans, which offer added benefits such as enhanced compliance and risk management.
Deel also provides an Employee Plan, facilitating payroll, benefits, and local laws. The pricing is more custom based on the number of employees and services used. The Free HR Plan is available, but it’s basic, covering just the essentials for smaller teams or startups.
| Service | Price |
|---|---|
| Employer of Record (EOR) Pricing | $599 per employee/month |
| Contractor Management Pricing | $49 per employee/month |
| Annual Discount | Available |
Oyster HR Pricing
Oyster HR has a transparent and straightforward pricing model. They provide a Contractor Plan starting at $29 per contractor per month, which includes global payroll and compliance services. A Full-Time Employee Plan starting at $599 per employee per month covers payroll, benefits, and compliance extensively.
Oyster HR emphasizes value, offering good features for its price. They also have a Free Plan for small teams needing essential HR functions. This plan is limited but an excellent way for small businesses or startups to get started without significant costs.
| Service | Price |
|---|---|
| Employer of Record (EOR) Pricing | $599 per employee/month |
| Contractor Management Pricing | $29 per employee/month |
| Payroll Pricing | $25 per employee/month |
| Annual Discount | Available |
Pros and Cons of Deel
Pros
- User-Friendly Interface: Intuitive platform requiring minimal training for users.
- Extensive Global Coverage: Operates in over 150 countries, providing broad international reach.
- Fast Onboarding: Enables quick employee onboarding, often within 24 hours.
- Transparent Pricing: Offers clear, upfront pricing without hidden fees.
- Flexible Payment Options: Supports various withdrawal methods, including cryptocurrency.
- Dedicated Support: Provides 24/7 customer service in multiple languages.
Cons
- Limited Document Localization: Cannot generate invoices in languages other than English.
- Learning Curve: Despite being user-friendly, there may still be an initial learning period for some users.
- Dependency on Third-Party Services: Uses external providers for some services like background checks.
- No Native Payroll: Relies on partnerships for payroll processing in some regions.
Pros and Cons of Oyster HR
Pros
- User-Friendly Interface: Offers an intuitive platform that’s easy to navigate and use.
- Extensive Global Coverage: Operates in over 180 countries, providing broad international reach.
- Comprehensive Compliance Management: Strong focus on keeping businesses compliant with local regulations.
- Ethical Focus: Emphasizes ethical employment practices and social responsibility.
- Integrated Cost Calculator: Helps businesses estimate employment costs in different countries.
- Third-Party Integrations: Offers integrations with various HR and business tools.
Cons
- Premium Pricing: Can be expensive compared to some competitors, with EOR services starting at $599 per employee per month.
- Feature Limitations: Some features require additional purchases, potentially increasing costs.
- Limited Analytics: Reporting and analytics capabilities may be less comprehensive than some competitors.
- Potential Overkill for Small Teams: The comprehensive nature of the platform may be more than necessary for very small businesses.
Customer Reviews and Ratings
When comparing Deel and Oyster HR’s ratings across G2, Capterra, and Trustpilot, the following scores and review volumes provide insight into user satisfaction levels:
| Review Platform | Deel | Oyster HR |
|---|---|---|
| G2 | 4.85/5 (4630 reviews) | 4.4/5 (714 reviews) |
| Trustpilot | 4.9/5 (5332 reviews) | 4.6/5 (199 reviews) |
| Capterra | 4.8/5 (1554 reviews) | 4.5/5 (68 reviews) |
Deel vs Oyster HR: Summary
A detailed summary of the comparison of Deel and Oyster HR:
| Feature | Deel | Oyster HR |
|---|---|---|
| Best For | Fast-Growing Companies Needing Global Hiring at Scale | Scaling Companies Focused on Remote Team Success |
| EOR Pricing | $599 per employee/month | $599 per employee/month |
| Contractor Pricing | $49 per employee/month | $29 per employee/month |
| Country Coverage | 150+ Countries | 180+ |
| Support Channels | Email, Phone, Live Chat | |
| Support Availability | 24/7 | Business Hours |
| G2 Rating | 4.85/5 (4630 reviews) | 4.4/5 (714 reviews) |
| Capterra Rating | 4.8/5 (1554 reviews) | 4.5/5 (68 reviews) |
| Trustpilot Rating | 4.9/5 (5332 reviews) | 4.6/5 (199 reviews) |
| Partnership Discount | 20% Off | N/A |
| Visit Website | Visit Website |
Recommendations
Deel and Oyster HR offer different advantages depending on your business needs. Let me help you choose which one might be the best fit for you.
Who do I recommend Deel to?
Deel is an excellent choice for businesses hiring contractors in over 150 countries. Its self-serve platform is intuitive and easy to manage, making it ideal for companies that need streamlined operations. Deel is particularly effective for handling 1099 and W9 tax forms, simplifying the complexities of hiring U.S.-based contractors. Additionally, Deel offers pre-created local benefit packages, facilitating the provision of comprehensive benefits with minimal effort.
Deel’s robust Employer of Record (EOR) services benefit businesses that frequently contract internationally. The platform’s document management feature is well-organized, ensuring that important papers are easily located.
Who do I recommend Oyster HR to?
Oyster HR is better suited for businesses that prioritize strong support and need more guidance through the hiring process. The platform is known for its excellent customer support and ease of use, which is particularly beneficial for companies new to international hiring.
Oyster HR benefits hiring U.S.-based contractors, offering a highly streamlined experience in compliance with local employment laws. While it may not have as many ready-made solutions at a global scale, its detailed software ensures a smooth process. Oyster HR’s comprehensive EOR services are backed by solid hiring support, and its focus on document management ensures that everything is well-organized and easy to find.
When to consider another EOR provider?
Choosing the right Employer of Record (EOR) provider is crucial. While Deel and Oyster offer great services, they might not fit everyone’s needs. Here are some other options to consider:
| EOR Provider | Best For | Key Strength |
|---|---|---|
| Multiplier | Businesses expanding in Asia-Pacific | Robust compliance management |
| Remote | Companies needing global HR solutions | Comprehensive service offering |
| Remofirst | Budget-conscious SMEs | Cost-effective global hiring |
| Papaya Global | Enterprises with complex payroll needs | Advanced payroll automation |
| Rippling | Companies seeking integrated HR and IT | All-in-one workforce platform |
When picking an EOR, consider the country coverage. Some providers may have better reach in specific regions. If you need detailed analytics, you might prefer providers like Rippling. Companies like Multiplier and Remote offer good options for simplified payment methods.
Customer support is also essential. Check if they provide 24/7 assistance, which can be crucial when managing international payroll services.
Next Steps
Now that you’ve reviewed the comparison between Deel and Oyster HR for Employer of Record (EOR) services, here are your next steps to make an informed decision:
1. Schedule Demos
Seeing these EOR platforms in action will help you better understand their features and user interfaces. Our exclusive partner links ensure you get the best available offers.
2. Prepare for Your Demos
- List your specific EOR needs (e.g., target countries, number of employees, compliance requirements)
- Prepare questions about international hiring processes, local labor laws, and employee benefits management.
- Consider your international hiring goals and how each EOR solution aligns with them.
3. Compare Quotes
- After the demos, request detailed quotes from both Deel and Oyster HR
- Ensure the quotes are based on your specific EOR requirements and hiring plans
- Don’t hesitate to negotiate or ask about special offers for new customers
4. Get Personalized Support
- Need help deciding? Fill out our quick assessment form
- Our experts will analyze your EOR needs and provide a personalized recommendation within 24 hours
5. Make Your Decision
- Create a pros and cons list based on your demos and research
- Consider factors like country coverage, pricing, compliance expertise, onboarding processes, and user experience
- Choose the EOR provider that best aligns with your current needs and future international hiring plans
Remember, selecting the right Employer of Record (EOR) is a significant decision that can impact your company’s ability to hire and manage international employees compliantly. Take your time, ask questions, and ensure you’re comfortable with your choice before proceeding.
Need more guidance? Don’t hesitate to contact our support team for personalized advice tailored to your unique EOR requirements. You can also use the live chat feature in the bottom right corner of this page for immediate assistance.
Get Started with Deel
Explore Oyster HR Now
By using our partner links, you’ll get the best available offers and support our efforts to provide comprehensive, unbiased comparisons of EOR solutions.
Frequently Asked Questions
How do Deel and Oyster HR compare their global payroll solutions?
Deel offers a robust payroll solution that supports multiple currencies and countries. Oyster HR also provides global payroll services, emphasizing compliance with local payroll regulations. Both platforms aim to simplify the complexities of international payroll.
What is the pricing structure for businesses for Deel vs. Oyster HR?
Deel charges based on the number of contractors or employees managed, with different tiers based on features. Oyster HR offers a subscription model with various plans to cater to different business sizes and needs. Pricing can vary significantly based on the services picked.
What are the main differences between the services Dele and Oyster HR provided?
Deel focuses on helping companies easily hire contractors and employees globally. Oyster HR aims to provide a comprehensive platform for hiring, onboarding, and managing international employees. Both have tools to ensure compliance with local laws.