A lot of things can impact your global team’s employment experience—obtaining the right to work in a specific location, being compensated competitively, receiving equity, and more.
This month we bring you several product updates that help you better manage, reward, and look after your global team while ensuring compliance and adhering to local employment regulations and best practices.
Here’s our roundup for the month:
- Visa sponsorship in 60+ countries
- Access to global salary insights
- Offering equity in 40+ countries
- Automatic contract changes through HRIS integrations
- Enhanced time-off reports
- Half-day vacation restrictions
Secure work visas to support your global team
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We’re expanding our visa sponsorship solution to include Poland, Singapore, and Switzerland, bringing total coverage to 60+ countries!
Don’t let visas be an obstacle for building a global team. Our network of immigration experts and local HR business partners will guide you through the process of applying for visas and work permits, so you can engage global talent with ease.
Salary Insights Tool is out of beta
Starting April 1, 2024, Oyster’s Salary Insights Tool will go out of beta and transition to a paid subscription priced at US$3,500 per year. With this self-serve tool, you can instantly access low, mid, and high salary data for specific roles based on location. It's your key to creating competitive offers and attracting top global talent.
Your subscription includes:
✅ Unlimited tool queries
✅ Access to Oyster Pay Bands
✅ Continuous salary data expansion
✅ Exclusive offers for new Oyster Intelligence features
Subscribe by March 31, 2024, and receive a US$500 discount on the annual price.
Oyster’s equity solution now available in 42 countries
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We’re excited to share that we’ve expanded the country coverage for our equity solution from 14 to 42 supported countries to help you grant equity to more Oyster team members.
Automatic contract changes through your HRIS integrations
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Amend team member contracts in just two clicks by automatically syncing data from your HRIS tool to Oyster.
Avoid double entry, eliminate errors, and save time: Make job title and salary changes in your HRIS tool—Workday, Hibob, or BambooHR—and find the updates automatically pulled into Oyster.
Send updated agreements pronto: Process the contract change and send the amended agreement to your team member—in just a few minutes.
What else is new?
Enhanced time-off reports: Time-off reports now include a detailed view of a team member’s carryover days. These reports can be easily accessed and downloaded from the Oyster platform by customer admins, team managers, and time-off admins.
Half-day vacation restrictions: There are several countries where half-day time off is not legally permitted. To ensure compliance, team members in these countries are now unable to request half-day vacation. The impacted countries are Brazil, Bulgaria, Germany, Greece, Hungary, India, Poland, Romania, and Sweden.
Want to see these new features in action? Log in to Oyster to try them out yourself!