How do I change my payroll Team Member's compensation details?

This article shows you how to make changes to compensation details for a payroll Team Member. You do not need to contact Oyster Support to make these changes.

Prerequisites

• You have Admin access to your company’s account.
• You are logged in to the Oyster Platform with your admin credentials.

Steps

Click Team > Team members from the left navigation.  Locate the contractor in the list of Team Members and click their name. Click the Type column heading ✨ to sort Team Members by employment type.
In the pop-up that appears, click the Request payroll information changes button.
Select the type(s) of contract change(s) you would like to request. Select an Effective from date using the calendar. For compensation, bonus, commission, and allowances:  The earliest effective date is provided to you.  If you select an earlier date or a date in the past, Oyster will calculate the closest date this change can be applied and provide a one-off bonus payment to cover the missed days. Click Continue.
Enter the new Annual payment amount. Update the One-off bonus payment amount, if necessary.  Click Confirm.
A confirmation message appears and indicates that your requested change(s) will be applied on the chosen date.  You can view the change request history on the Team Member's profile.