Payoneer Workforce Management

Payoneer Workforce Management does not publish a standard UK payroll price; both the per-employee rate and monthly base fee are quote-based. Its Employer of Record service, for hiring UK staff without a local entity, is priced from £149/emp/mo per employee per month, notably cheaper than most competing EOR platforms in this comparison.

Payoneer handles HMRC recognition, RTI reporting, and pension auto-enrolment via its Employer of Record service rather than as standalone own-entity payroll software, since it acts as the legal employer on your behalf. There is no dedicated CIS support for construction subcontractors, so businesses needing CIS reporting should look elsewhere.

Payoneer's Employer of Record (EOR) service, built on the former Skuad platform it acquired in 2024, lets a business hire full-time staff in the UK or over 160 other countries without setting up a local legal entity. Payoneer becomes the legal employer and handles contracts, payroll, tax, and statutory benefits on your behalf.

Payoneer is a direct competitor to Deel and Remote for cross-border hiring. Its main advantage is price: its Employer of Record rate sits well below the typical Deel and Remote EOR cost. The trade-off is that it is a newer brand post-acquisition, and unlike Deel it does not offer a standalone own-entity UK payroll product.

Yes. Payoneer includes misclassification protection through its Agent of Record service, along with immigration support and a contractor-to-employee conversion path for cross-border hires. These features are aimed at businesses hiring or paying people outside their home country rather than running domestic UK-only payroll.

No. Payoneer Workforce Management is built for cross-border hiring through Employer of Record and contractor payment services, not for running domestic UK payroll on your own entity. Rated 4.6 out of 5 on G2 from 130+ reviews, it earns its place when you are hiring or paying people outside the UK.

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 Core HR at a flat USD $5 per employee per month, 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.