1. How will health benefits be transferred?
There will be no impact on health benefits. Your team members previously enrolled with SafetyWing or IMG will continue to be enrolled there for health insurance. There is no action required from you and your team’s end.
2. What will happen to any accrued holidays and leaves?
All unused vacation days will be carried over to Oyster and Team Members will be able to use them in nature while employed by Oyster’s own entity.
3. What is the process transfer my India team's employment from the third-party employer and onboarding them into an Oyster-owned entity?
Here is a step-by-step process of the migration
4. Will my team's May payroll be impacted?
No changes will happen on the payroll front.