Cut-off dates are the monthly deadlines by which Oyster must be notified of any changes regarding payments to team members to reflect the difference in the effective month.
Cut-off dates apply to these team members:
-
- Full-time Employees (FTEs)
- Fixed Contractors
Changes subject to cut-off dates include:
-
- Salary changes
- Pay supplements
- Benefit changes
- Expense reimbursements
Payment adjustment requests for any given month cannot be submitted after the cut-off date indicated on the Payroll
page. Expenses approved after the cut-off date will automatically be added to the following month’s pay cycle.
When are the cut-off dates?
Depending on your team member, the cut-off date will either fall on:
-
- 6th of the month or,
- 10th of the month
Also see: Why are the cut-off dates different for some team members?
Please note the exact times for the cut-off:
Cut-off Date |
System Lock Time |
6th of the month |
7th of the month at 05:00 UTC |
10th of the month |
11th of the month at 05:00 UTC |
Also see: What if the cut-off date falls on a weekend or a public holiday?
Where can I find the cut-off dates?
You don't have to remember the cut-off date for your team members - simply go to the Payroll
page to see the cut-off date for each of your team members.
Note:
You will always be able to make payment changes to future months, so if you missed the current month’s cut-off date, we recommend that you add the payment changes to the following month’s pay cycle.
If the cut-off date has passed and you want to stop a payment from being made, please get in touch with support@oysterhr.com. We will do our best to accommodate your requests but cannot guarantee this.