Payoneer Workforce Management

Employer of Record starts at £149/emp/mo per employee per month, which is the cheapest published Employer of Record rate 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 USD $99 per contractor per month, and paying contractors you engage yourself starts at USD $19 per contractor per month. Payoneer bills in US dollars, and all three prices are "starts at" floors sold through a demo. 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 and an employee dashboard) come bundled inside those subscriptions rather than as a core-HR plan you can buy for an existing UK team. For running HR on UK staff, an HRIS such as Personio, CharlieHR or Breathe is the right tool, with Payoneer added when you start hiring abroad.

No. It has no own-entity UK payroll product, so it will not run RTI submissions, handle pension auto-enrolment, or produce P60s for employees of your own limited company. Under Employer of Record, Payoneer becomes the legal employer of a worker in another country and meets that country's obligations. For UK staff on your own payroll you still need a UK payroll provider, and Payoneer sits alongside it rather than replacing it.

Agent of Record means Payoneer engages the contractor through its own entity, so the contract sits between the contractor and Payoneer rather than you, and Payoneer carries the misclassification risk. In the UK that matters because of IR35 and employment-status rules: if a contractor is later deemed an employee, that exposure sits with the Agent of Record. It costs more than paying contractors yourself (USD $99 per contractor per month against USD $19), and the difference is what you are buying: risk transfer, not extra software.

On price it leads clearly: Employer of Record from £149/emp/mo per employee per month, against Multiplier from USD $400, Deel at USD $599 and Oyster at USD $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 UK HR system.