What are cut-off dates?

Cut-off dates are the monthly deadlines by which Oyster must approve changes regarding payments to Team Members to reflect the change in the effective month.

Team Members affected by cut-off dates:

  • Full-time Employees (FTEs)
  • Fixed Contractors

Changes that are affected by cut-off dates include:

  • Salary changes
  • Pay supplements
  • Benefit changes
  • Expense reimbursements

Request Type

Request by Date

Notes

Salary changes

at least 5 business days before the cut-off date

Requests made closer to the cut-off date may not be processed in time.

Pay changes

at least 3 business days before the cut-off date

Requests made closer to the cut-off date may not be processed in time.

Benefit changes

at least 3 business days before the cut-off date

Requests made closer to the cut-off date may not be processed in time.

Expense reimbursements

at least 3 business days before the cut-off date

Requests made closer to the cut-off date may not be processed in time.

Stop payment

at least 3 business days before the cut-off date

If the cut-off date has passed, please contact us. We will do our best, but cannot guarantee the payment will be stopped.

Expenses approved after the cut-off date are automatically added to the following month’s pay cycle.

You can always make payment changes to future months.

  • If you missed the current month’s cut-off date, add the payment change to the following month’s pay cycle.

Cut-off dates are indicated on the Payroll page on the Oyster platform.

cut-off-date-pay-payment-page.png

 

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