Payoneer Workforce Management

Employer of Record starts at $199/emp/mo (from) per employee per month, which is the lowest published Employer of Record price of any provider on this page. Agent of Record, where Payoneer engages a contractor through its own entity and carries the misclassification risk, starts at $99 per contractor per month, and paying contractors you engage yourself starts at $19 per contractor per month. All three are floors sold through a demo, and there is no standalone HR plan to price, which is why the cost column shows Get quote.

Not on its own. Like Oyster and Multiplier, it sells Employer of Record, contractor engagement and contractor payments, and its HR features (onboarding, documents, leave, timesheets, an employee dashboard) come bundled inside those subscriptions rather than as a core-HR plan you can buy for an existing US team. For running HR on US staff, an HRIS such as Gusto, Rippling or BambooHR is the right tool, with Payoneer added when you start hiring abroad.

It has no own-entity US payroll product, so it does not run your W-2 payroll or file your federal and state returns. It also makes no published statement about I-9 and E-Verify, ACA reporting, multi-state compliance, or workers compensation, so this table records those as Not stated rather than guessing. If any of them matter, confirm directly with Payoneer or pick a US-native HRIS that states them plainly.

On price it leads clearly: Employer of Record from $199/emp/mo (from) per employee per month against Multiplier from $400, Papaya at $499, Deel at $599 and Oyster at $699. On breadth it trails. Deel is a genuine HR system as well as a global hiring platform, with a free HR plan for up to 200 employees, and Oyster publishes far more of its rate card and its compliance detail. Payoneer is the pick when Employer of Record cost is the deciding factor and you already have a US HR system.

It is built on Skuad, a global employment platform that Payoneer acquired in 2024, and is delivered by Skuad Pte Limited as part of the Payoneer group. Payoneer itself is a long-established cross-border payments company, which is the strongest part of the proposition: paying people in 70+ currencies is what its parent already does at scale. The brand is younger than Deel or Oyster in this market, which is worth weighing if a long track record matters to you.