Everest Group EOR PEAK Matrix 2026: nine Leaders named

Written by Lucia AparicioFact-checked by Michael Ennis

Updated 11 Nov 2026~12 min read

Editorial details

Lucia AparicioSenior Editor and HRIS Specialist

Author

Michael EnnisSenior Editor and Payroll Specialist

Fact-checker

Reported from company announcements and filings, fact-checked by a second editor against the sources.

Updated 11 Nov 2026 · Published 5 Nov 2026

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What happened

Everest Group, a research firm, has released its Employer of Record (EoR) Solutions PEAK Matrix Assessment 2026. The chart places 29 EOR providers in three categories: nine Leaders, 16 Major Contenders and four Aspirants. The Leaders are Atlas HXM, Deel, G-P, Multiplier, Oyster, Papaya Global, Pebl, Remote and Safeguard Global. Seven providers, four of them Leaders, also carry a Star Performer mark for year-over-year improvement.

The earliest provider announcement in the sources is Rivermate’s: on 28 October 2026 it reported a Major Contender position in its first appearance. Atlas HXM followed on 2 November, and G-P, Oyster and Pebl issued releases on 5 November 2026. The 2025 edition also covered 29 providers and named six Leaders. Multiplier, Oyster and Papaya Global account for the increase: all three were Major Contenders a year ago.

The 16 Major Contenders are BIPO, GCE Global Solutions, GoGlobal, LanceSoft, Lano, Mauve Group, Mercans, Native Teams, Neeyamo, Payoneer, RemoFirst, RemotePass, RemotePeople, Remundo, Rippling and Rivermate. The four Aspirants are EuroDev, Interloop, Parakar Group and Suna Solutions.

The seven Star Performers are Atlas HXM, Multiplier, Oyster and Papaya Global among the Leaders, and GCE Global Solutions, Payoneer and RemoFirst among the Major Contenders. GCE Global Solutions was an Aspirant in 2025.

Five names from the 2025 list are absent: Africa HR, Boundless, Links International, Omnipresent and Skuad. Five names are new: LanceSoft, Payoneer, RemotePass, Rivermate and Suna Solutions. Two of the absent names now belong to Payoneer, which announced its purchase of Boundless on 20 January 2026 and says it bought Skuad in 2024. RemotePeople, which announced its rebrand from Horizons on 9 February 2026, appears under its new name.

Provider	2026 category	2025 category	Our review
Provider Deel	2026 category Leader	2025 category Leader	Our review Deel review
Provider G-P	2026 category Leader	2025 category Leader	Our review G-P EOR review
Provider Multiplier	2026 category Leader, Star Performer	2025 category Major Contender	Our review Multiplier EOR review
Provider Oyster	2026 category Leader, Star Performer	2025 category Major Contender	Our review Oyster EOR review
Provider Papaya Global	2026 category Leader, Star Performer	2025 category Major Contender	Our review Papaya Global review
Provider Pebl	2026 category Leader	2025 category Leader	Our review Pebl EOR review
Provider Remote	2026 category Leader	2025 category Leader	Our review Remote EOR review
Provider RemoFirst	2026 category Major Contender, Star Performer	2025 category Major Contender	Our review RemoFirst review
Provider RemotePeople	2026 category Major Contender	2025 category Major Contender (as Horizons)	Our review RemotePeople review
Provider Rippling	2026 category Major Contender	2025 category Major Contender	Our review Rippling EOR review

The eleventh, Borderless AI, is not among the 29 providers on the 2026 chart, and it was not on the 2025 list. The FAQ in Everest’s 2025 reprint says some providers are assessed and not placed, and the chart does not show which case applies.

A footnote on the chart says eight providers were assessed without their own input: EuroDev, GoGlobal, Interloop, Lano, Mauve Group, Native Teams, Parakar Group and Rippling. For these, Everest relied on its conversations with buyers, the providers’ public disclosures and its own transaction database. Rippling, the only provider in the table on that footnote, was not on the 2025 one. Papaya Global and Horizons were, and neither Papaya Global nor RemotePeople is on the 2026 footnote.

What a PEAK Matrix placement measures

The 2025 reprint, which G-P hosts publicly, gives the report’s scope as global, so a category describes a provider’s whole EOR business and no single country. It splits market impact into market adoption, portfolio mix and value delivered, the last drawn partly from customer feedback. Vision and capability covers five areas: vision and strategy, technology capability, services capability, innovation and investments, and the engagement and commercial model. The 2026 chart uses the same two axes.

The 2025 reprint’s FAQ says the scores draw on information requests that providers answer, on Everest’s own databases of deals and operations, and on briefings and buyer conversations. Everest’s PEAK Matrix page adds interviews with providers’ reference customers. The same FAQ says Everest realigns its criteria when the market changes, so a move between categories can reflect new criteria as well as a provider’s own progress. No source below says whether the criteria changed for 2026.

Star Performer is judged separately. Under the 2025 reprint’s methodology, the title goes to the providers with the highest count of top-quartile year-over-year gains, with at least one on each axis. Atlas HXM’s 2026 announcement describes the same rule. Everest’s PEAK Matrix page separates the title from a provider’s overall position, so a Star Performer can sit in any category.

Everest’s standard disclaimer, printed on Oyster’s report page, says “no organization has paid a fee to be featured or to influence their ranking.” The 2025 reprint’s FAQ says a provider needs an agreement with Everest to issue a release, use the badge or circulate a customized profile, and that a purchased profile comes with analyst quotes for PR. G-P’s copy of the chart is marked as licensed to G-P, and the releases from Atlas HXM, G-P, Oyster and Pebl each quote the same Everest vice president, Priyanka Mitra.

Legal employer. Ask which entity would sign your hire’s contract in each country, and whether the provider owns it. Everest’s 2025 reprint credits Leaders with their own entities in the large majority of countries they cover, which is short of all. The direct vs indirect EOR guide sets out what changes when a partner is the employer.
Fee, deposit and exit terms. Get the monthly fee per employee, any deposit, and the termination and offboarding charges in writing. The chart prints none of them.
Provider participation. Read the footnote. Eight of the 29 placements, Rippling’s included, were made without the provider’s input.
The full profile. Ask any provider that cites its placement for Everest’s complete profile of it. The 2025 profile of G-P has a page of strengths and a page of limitations.
The right matrix. Confirm the badge is for the EOR assessment. Everest runs separate matrices: Neeyamo announced a Leader and Star Performer result in the global multi-country payroll assessment on 27 October 2026, and is a Major Contender on the EOR chart.

TheBestEOR’s own list of the best employer of record providers uses different criteria, set out in how we review providers. For the contract terms to compare line by line, see how to choose an employer of record. Our reading: the chart is a reasonable first filter for market presence and capability, and it cannot replace a country-level quote.

The full 2026 report is not among the public sources below. Everest’s PEAK Matrix page says reports go to its members and can also be bought online. Oyster and Pebl offer their own 2026 profiles through a download form. Everest’s page for the 2025 edition says the full report lists each provider’s strong points and possible limits.

Two questions stay open: which providers Everest assessed and left off the chart, and what limitations it recorded for each of the 29. No source below gives Everest’s publication date for the 2026 edition; Rivermate’s release of 28 October 2026 calls the assessment just published. No date for a 2027 edition appears in any source either. The 2025 reprint is dated September 2025.

Who are the Leaders in the Everest Group EOR PEAK Matrix 2026?

What does Star Performer mean in the PEAK Matrix?

Do EOR providers pay to be in the Everest PEAK Matrix?

Is a Major Contender a weaker EOR than a Leader?