Multiplier vs Oyster HR: 2025 EOR Comparison

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 Multiplier and Oyster HR as potential solutions for your business needs.

But you’re also probably uncertain about:

1. How Multiplier and Oyster HR compare in terms of features, pricing, and global reach
2. Which platform offers better compliance management and risk mitigation across multiple countries
3. The user experience and ease of implementation for each service
4. Whether Multiplier or Oyster HR is the right fit for your specific business size and industry
5. 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 Multiplier and Oyster HR lies in understanding their unique strengths and how they align with your specific business needs:

Here’s what you’ll learn:

1. Overview of Multiplier and Oyster HR (the essentials you need to know)
2. Key features and benefits of each platform (what sets them apart)
3. Pricing structures and value propositions (is the investment worth it?)
4. User experiences and platform interfaces (because ease of use matters)
5. Security and compliance measures (crucial for global operations)
6. Pros and cons of each service (the good, the bad, and the noteworthy)
7. Recommendations for different business types (who should choose which)

By the end of this comparison, you’ll understand the strengths and limitations of both Multiplier and Oyster HR, enabling you to choose the EOR solution that best fits your company’s global workforce needs, compliance requirements, and overall business strategy.

Overview of Multiplier and Oyster HR

Multiplier and Oyster HR are designed to help businesses manage international teams efficiently. They simplify global hiring, payroll, and compliance, but each platform has distinct strengths that cater to different business needs.

Overview of Multiplier

Multiplier is known for its straightforward approach to global workforce management. Founded in 2020, it quickly gained traction with its user-friendly interface and flexible pricing. Multiplier supports hiring in over 160 countries, making it ideal for businesses looking to expand rapidly without getting bogged down by complex local regulations. 

The platform seamlessly handles payroll, benefits, and compliance, ensuring consistent employee management across different regions. With its strong emphasis on simplicity, Multiplier is a popular choice for startups and mid-sized businesses that need a scalable solution for international growth.

Multiplier’s proposition of remote hiring and employment without having to establish new markets or reallocate was an idea purpose-built for the post-COVID world, and the company was launched in November 2020.

In the words of our Co-Founder and CEO, Sagar Khatri – “Early in my career, I experienced firsthand the challenges of international expansion: the complex regulatory landscape, the daunting time constraints, and the substantial resource investments required to establish legal entities abroad. This experience ignited the spark that would become Multiplier.”

– Rimmi Kesari, Partner Marketing Specialist at Multiplier

Multiplier’s clients include PWC, The Economist, and Uber. As of August 2024, its valuation is $400M+.

Read more in our comprehensive Multiplier review

Overview of Oyster HR

Oyster HR focuses on building a more sustainable and ethical global workforce. Launched in 2019, Oyster HR has grown rapidly, supporting hiring in over 180 countries. It stands out for its commitment to fair employment practices, ensuring all employees, regardless of location, receive equitable treatment. 

The platform excels in compliance and payroll, particularly for remote teams, making it a top pick for companies with a distributed workforce. Oyster HR’s focus on sustainability also appeals to businesses aiming to align their HR practices with broader corporate social responsibility goals. This platform is well-suited for companies prioritizing ethical hiring and long-term workforce stability. Some of their clients include Aston Martin, Payhawk, and Metadata. As of August 2024, they are evaluated at $1.2B+.

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.

Read more in our comprehensive Oyster HR review

Key Features of Multiplier

Key Features of Oyster HR

Benefits of Using Multiplier

Benefits of Using Oyster HR

Pricing and Plans

Understanding the pricing of Multiplier and Oyster HR is crucial for making an informed decision. How do these platforms compare in terms of cost-effectiveness and value? Let’s break down their pricing structures.

Pricing of Multiplier

Multiplier offers transparent and flexible pricing that caters to different business needs. Their pricing model is based on the number of employees and the services required, making it scalable as your business grows. Here’s a breakdown of their key pricing tiers:

Multiplier’s pricing structure is designed to be straightforward, allowing businesses to scale services according to their needs without hidden costs.

Pricing of Oyster HR

Oyster HR offers a tiered pricing model that adjusts based on the size of your global team and the complexity of services. Their plans are designed to be flexible, accommodating businesses from startups to large enterprises. Here’s a summary of their pricing:

Oyster HR’s pricing reflects its commitment to flexibility. Businesses can choose plans that align with their specific global workforce management needs.

Pros and Cons of Multiplier

Pros and Cons of Oyster HR

User Data Security and Compliance

Data security and compliance are non-negotiables when managing a global workforce. Both Multiplier and Oyster HR prioritize protecting user data and ensuring compliance with international standards, but they do so in slightly different ways.

Multiplier’s Data Security and Compliance

Multiplier takes a comprehensive approach to data security. They comply with GDPR (General Data Protection Regulation), ensuring that all data processing meets European standards. The platform uses advanced encryption to protect sensitive information in transit and at rest. Multiplier also conducts regular security audits and employs multi-factor authentication (MFA) to add an extra layer of security.

For compliance, Multiplier adheres to local labor laws and tax regulations in every country in which they operate. They offer legal support to help businesses navigate complex international laws and ensure all employment contracts are fully compliant.

At Multiplier, our wider security philosophy, which we call security by design, is central to our focus. Security is embedded at the core of everything we do, rather than treating it as an afterthought.

This dedication to security and privacy is integral to our mission of being a unified, global system of record that simplifies employment worldwide.

Multiplier is proud to be SOC2 Type 2 compliant & ISO 27001:2022 certified!

– Rimmi Kesari, Partner Marketing Specialist at Multiplier

• Key Highlights:
  • GDPR Compliance
  • Advanced encryption and MFA
  • Regular security audits
  • Local labor law and tax compliance

Oyster HR’s Data Security and Compliance

Oyster HR strongly emphasizes data security, particularly given its global reach. The platform is fully compliant with GDPR and other international data protection regulations. Oyster HR uses end-to-end encryption to safeguard all data and relies on secure cloud infrastructure to minimize vulnerabilities. Additionally, they implement SOC 2 Type II controls to ensure their security practices meet high industry standards.

Oyster HR is also rigorous about compliance, offering extensive legal support to manage cross-border employment complexities. They ensure that all data handling and employment practices meet local and international regulations, providing peace of mind for businesses operating globally.

• Key Highlights:
  • GDPR and SOC 2 Type II compliance
  • End-to-end encryption and secure cloud infrastructure
  • Extensive legal support for global compliance
  • Focus on cross-border employment regulations

Customer Reviews and Ratings

When comparing Multiplier and Oyster HR’s ratings across G2, Capterra, and Trustpilot, the following scores and review volumes provide insight into user satisfaction levels:

Multiplier vs. Oyster HR: Summary

A detailed summary of the comparison of Multiplier and Oyster HR:

Recommendations

Multiplier and Oyster HR are designed to support businesses across various industries, particularly those that focus heavily on international expansion and remote work. Let’s examine the industries that commonly use these platforms.

Who is Multiplier Best For?

Multiplier is an excellent choice for businesses of all sizes that need a straightforward, scalable solution for managing international teams. Startups and mid-sized companies will appreciate Multiplier’s user-friendly interface and transparent pricing, allowing quick expansion without the hassle of navigating complex global regulations. 

The platform is particularly well-suited for companies that must manage a mix of full-time employees and contractors across multiple countries. Its strong focus on compliance and payroll automation makes it ideal for businesses looking to minimize risks and administrative burdens. If your company is expanding rapidly and needs a reliable, cost-effective way to manage a global workforce, Multiplier is a strong contender. 

Additionally, Multiplier’s flexible plans make it a practical option for companies anticipating scaling their international operations over time, ensuring the platform can grow alongside your business.

• Best For: Startups, mid-sized companies, and businesses managing full-time employees and contractors globally.

Who is Oyster HR Best For?

Oyster HR is tailored for companies prioritizing ethical hiring practices, sustainability, and a strong commitment to global compliance. Oyster HR is a perfect fit if your business has a distributed workforce and values equitable treatment of employees across different regions. It’s especially well-suited for enterprises and organizations operating in multiple countries with diverse legal requirements. 

The platform’s comprehensive compliance management makes it ideal for global companies that navigate complex labor laws and data protection regulations. Oyster HR is also a top choice for businesses that want to ensure their HR practices align with corporate social responsibility goals. 

Whether you’re a large enterprise seeking to manage a complex international team or a mission-driven company focused on fair employment practices, Oyster HR provides the tools and support needed to maintain a consistent, ethical, and compliant global workforce.

• Best For: Large enterprises, mission-driven companies, and businesses focusing on ethical hiring and global compliance.

Alternative EOR Providers to Have in Mind

While Multiplier and Oyster HR are strong contenders in the EOR space, several other providers offer competitive services that might better suit specific business needs. Here are some alternative EOR providers worth considering:

Depending on your specific needs, one of these alternatives might fit your global workforce management strategy.

Next Steps

Now that you’ve reviewed the comparison between Multiplier and Oyster HR for Employer of Record (EOR) services, here are your next steps to make an informed decision:

1. Schedule Demos

• Book a demo with Multiplier
• Request a demo from Oyster HR

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 Multiplier 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 Multiplier
• Explore Oyster HR Now