FAQs for Admins - Migration to Oyster-owned entity

Callum Sweeney
Callum Sweeney
  • Updated

1. How will the migration affect health benefits?

There will be no negative impacts on health benefits. In fact, Your Team Member will receive a new, comparable benefits package specifically tailored to the Polish market.

2. Why is the holiday being paid out and not carrying over to the new employer?

This is a normal process of any resignation. Your Team Member is ending their employment with their current employer and joining Oyster. With Oyster as the new employer, your Team Member will start to accrue leave for the remainder of the year.

3. But what if my Team Member already has leave booked in the latter part of 2022? Will they be paid as normal?

The answer is maybe. It will depend on whether or not your Team Member has enough leave days to take as part of their normal allowance. If not, the days may be taken as unpaid, but remember, they will have already been paid for the untaken, accrued days from the first part of the year with their original employer.

4. How will my Team Member be paid for the accrued but untaken annual leave?

Their current employer will confirm their accrued but untaken leave days and will pay them as part of their normal offboarding pay cycle. Please ask your Team Member to check with their current employer to find out how this will work.

5. What will happen to any bonuses or allowances and accrued holidays and leaves?

Any accrued bonus and allowance, as well as unused holidays will be paid along with their last salary payment from the third-party employer.

6. Can my Team Member decide to use the vacation days left instead of having them paid out?

Your Team Members can use remaining vacation days as long as their request for time off is approved by the cut-off date for the final month of employment (See: What are cut off dates?). No vacation days can be cancelled or added after the cut-off date.

7. How will my Team Members payroll be impacted?

No changes will happen on the payroll front. Your Team Member’s salary including any bonuses and allowances will be prorated and paid by the agreed end date with the third-party employer.

8. What is the timeframe for the migration from the local partner and onboarding into the Oyster owned entity?

Overview of migration schedule (dates are approximate only):

August 10 - August 24 Informational emails sent to Team Members
August 24 - August 31 Team Members submit resignation form to the third party employer and sign new employment agreement with Oyster
Early September

Team Members will be onboarded into the Oyster owned entity on a date which has been previously agreed upon with you (preferably September 1 or October 1). Termination must be processed by this point and the previous employer requires at least 3 weeks notice to process this.

Team Members receive payment for vacation days accrued but not taken from the previous employer.

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