2023 Oyster End-of-Year Guide

Navigating the end of the year is challenging in the HR world. Similar to last year, payroll is adjusted to give way to office closures and reduced manpower due to the holiday season. This adjustment allows us to ensure that payments are still processed promptly and as expected. 

If you have any questions or require further details, please contact the support team by logging a request through our portal.

What dates can I expect to change?

• Cut-off dates for: 
  • Payroll changes
  • Engagement dates
  • Offboarding & onboarding dates
• Salary and bonus payments
• Invoice release and due date

Will there be changes in invoicing?

The invoices can be accessed through the platform. There will be no significant change in the invoicing dates. Details of invoicing dates are as follows:

• The settlement invoice for the November payroll will be issued by December 7th.
• The pre-funding invoice for the December payroll will be issued by December 11th. 
• The settlement invoice for the December payroll will be issued by January 8th. 

Are there changes impacting offboarding?

All offboarding requests will still require a 30-day notice period. To ensure that we’re able to manage all requests as efficiently as possible, kindly note the following dates:

*Bulk offboarding is in reference to a request to offboard multiple Team Members within the same timeframe, i.e., within the context of a company re-org/redundancy round.

NOTE: For offboarding of indirect Team Members, international local partners have differing cut-off dates for the holiday period. Please contact our team immediately if you wish to offboard an indirect Team Member, and we will advise on the earliest possible date for termination. 

What are the expected changes for Direct Team Members?

We would like to inform you that the payroll cut-off date for all direct Team Members is December 7. 

• Dec 7: Latest engagement date for Dec 2023 payroll processing. Team Members engaged after this date will not be included in the December payroll period, and their first salary will be paid out in January. 
• Dec 21: Target date for salary payments into Team Member's accounts for those paid monthly. 

The following countries have differences from the planned timeline for direct payroll:

• Jan 11: Target date for salary payment for the Czech Republic
• Dec 15: Christmas Bonus payment in Portugal

Countries where salary payments will not have any changes:

• Canada
• United States

What are the expected changes for Indirect Team Members?

The cut-off date for most indirect Team Members will remain December 6th; however, please note that, as we work with several local partners, changes may vary per Team Member. You may refer to the legend below to see the changes. 

• Red font signifies changes on the dates
• Red font with * has changes that vary per Team Member

Additional Information

Here are some related articles that you may find helpful:

• How Do I Know Whether My Team Member Is Hired Through A Local Partner Or A Direct Entity?
• What are the cut-off dates? 
• How can my company notify Oyster of a termination?
• Salary payment dates at Oyster