Oyster offers an annual, seat-based plan that allows you to purchase EOR seats at a locked, negotiated rate. These seats can then be filled with new or existing EOR Team Members.
When to choose EOR annual?
As your global footprint grows and your operations expand, having a larger international team becomes a top priority. Oyster helps you grow your global teams efficiently, compliantly, and cost-effectively.
An annual plan is an ideal solution for large and growing companies and for companies that have long-term EOR hires. Companies that value cost-predictability and cost-effectiveness will find this billing plan to be ideal. Through negotiated seat-based pricing, companies lock in reduced rates for the full year and have the flexibility of re-using their seats for new global hires and backfills.
Why chose EOR annual?
Here are the key benefits of Oyster's EOR annual plan:
- Reduced rates: Lock in reduced rates when you purchase seats up front.
- Reuse seats: Empty seats can be used for new roles or backfills at no additional cost.
- Robust Customer support: With Scale, you'll work with a dedicated account manager and access robust customer support, and success resources.
- Experience faster bulk hiring: When hiring multiple Team Members at a time, you can benefit from a quicker and smoother guided bulk hiring process.
Frequently asked questions
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How do seats work?
When you you purchase annual “seats” with Oyster, you can fill these seats with new or existing EOR Team Members for an entire year.
Each Team Member occupies one seat. For example, if you purchase 10 seats you can add 10 Team Members to those seats.
Team Members can be moved in and out of seats at no additional cost. For example, if a Team Member occupying one of your seats resigns, you can add a new Team Member to the same seat and pay no additional fee to Oyster.
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How much does EOR annual cost?
EOR annual costs less than our month-to-month pricing. Because you are purchasing seats for the year, you’ll benefit from reduced, locked rates. The cost varies based on the number and location of Team Members you are looking to hire using Oyster. For quotations, please submit a request here.
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Do you offer refunds on EOR annual?
No, this is a non-refundable plan. However, seats can be reused at no additional cost. For example, if a Team Member resigns or is terminated and their seat opens up, you can add a new hire to occupy the same seat without making additional payments to Oyster.
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What are the payment terms for EOR annual?
With EOR annual, your payment is made upfront for the entire year. Once you have received, reviewed, and signed your proposal, you will receive an invoice for the full amount with a net 30 payment term. This amount would be non-refundable once paid.
Once your payment is received, your seats will be activated. There will be no Oyster subscription fee on your subsequent invoices up until renewal time.
Semi-annual and quarterly billing options are also available at a higher per-seat price.
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What if I need to add more hires but all my seats are occupied?
If all of your seats are full, you can continue to grow and hire using Oyster. For Team Members who do not occupy a seat, our standard Subscription Fee will be applied.
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Can I use the same annual plan to hire contractors?
No. annual seats are only available for Employer of Record Team Members at this time.
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How do I subscribe to the EOR annual plan?
To subscribe to our annual plan and add new and/or existing Team Members, please contact your Sales Executive or submit a request here.
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How do I renew my EOR annual plan?
This plan is renewed annually. However, you can add seats anytime before your renewal date to minimize overage fees. At renewal, we guarantee to not increase your per-seat price by more than 5%. Contact your Sales Executive or submit a request here to discuss renewal and top-ups.