Paylocity
Paylocity Pricing
For businesses exploring Paylocity payroll pricing, it’s crucial to understand that the platform offers a customizable ecosystem.
The Paylocity pricing structure is designed to fit an organization’s unique needs, starting with core functionalities and expanding to include advanced features. This flexibility ensures that businesses only pay for what they need, making Paylocity a cost-effective solution.
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Paylocity Pricing Structure
When it comes to modern HR solutions, Paylocity stands out as a comprehensive platform designed to manage the entire employee lifecycle. But what does the Paylocity pricing structure look like, and how does it align with the platform’s offerings?
Paylocity adopts a unique approach to its pricing. Unlike many competitors, there’s no flat rate available on their website. Instead, Paylocity is priced per employee per month (PEPM), ensuring scalability as your business grows. This means if your organization expands from 10 to 100 employees, your price per employee remains consistent. The exact cost depends on the features selected, making it essential for businesses to get a custom quote tailored to their needs.
So, the products that will compose your perfect HR & Payroll solution are:
- Payroll Software: Streamlines payroll processing with features like automated workflows, global payroll support, digital expense management, and more.
- Human Resources Software: Minimizes HR risks with templated workflows, a compliance dashboard, and centralized document management.
- Workforce Management Software: Ensures efficient time and attendance tracking, schedule management, and location-based clock-ins.
- Talent Management Software: Centralizes candidate communication, offers automated pulse surveys, and provides compensation management tools.
- Benefits Management Software: Empowers employees with expert benefit support, ACA compliance tracking, and flexible benefits administration.
- Employee Experience Platform: Enhances organizational culture with a social collaboration hub, employee engagement dashboard, and peer recognition functionality.
- Beyond Traditional HRIS Software: Offers 350+ integrations, AI-powered insights, benchmarking tools, and more.
Pricing FAQs
Paylocity adopts a unique approach to its pricing. It operates on a per-employee per month (PEPM) model. The standout feature of this model is its scalability.
Regardless of whether your organization is a budding startup or a rapidly expanding enterprise, the price per individual employee remains consistent. For instance, if your organization grows from 10 to 100 employees, you won’t see a spike in the price per employee.
This transparent approach ensures businesses can budget effectively and predictably. To get a clear picture of your organization’s specific needs, it’s best to request a custom HR & Payroll plan quote directly from Paylocity.
Yes, you have to pay for Paylocity. It is a premium, cloud-based HR and payroll software designed to streamline and optimize various HR functions, from payroll processing to benefits management.
Its comprehensive suite of tools caters to both basic and advanced HR needs. While there’s an associated cost, the value proposition is clear: Paylocity offers tailored solutions that can adapt to organizations of all sizes, ensuring that you only pay for the features you need.
The platform’s flexibility and adaptability have made it a preferred choice for many businesses.
One of the common concerns when adopting a new HR platform is the potential hidden costs, especially during the implementation phase.
With Paylocity, businesses can breathe a sigh of relief. The platform does not charge any implementation fees. This commitment to transparency extends beyond just pricing.
Paylocity ensures a smooth onboarding process by offering a range of complementary services, including training, support, and consulting. Their dedicated team assists businesses in making the transition seamless, ensuring that organizations can harness the full potential of the platform from day one.
Paylocity Pricing Review Conclusion
Paylocity excels with its transparent, scalable pricing in the competitive HR market. It offers robust features for all HR needs. Their PEPM model ensures adaptability for growing businesses.
To understand Paylocity’s value, schedule a demo for a personalized quote. With clear pricing and comprehensive tools, Paylocity is a prime choice for businesses.
