What is the expected invoice payment timeline?

Here's an overview of the employment related payments timeline

When your Oyster team members receive their salary at the end of the month, these are a few important dates to keep in mind:

 

6th of the month: you let us know any additional payments that you would like to pay to your team members (e.g. bonuses, commissions, etc.)

10-15th of the month or the closest business day: we invoice you for your team members (we accept wire transfers). In case of unexpected issues this could take longer.

20th of the month: ideally your payment has been received so that we can fund the payroll.

25th to 30th of the month: employees are paid.

 

In some countries Oyster follows a different payroll schedule which will of course affect the invoicing timeline.

 

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