The main difference between Namely and BambooHR is that BambooHR offers a free trial for 7 days but Namely does not offer this.
In this versus, we compare Namely vs BambooHR in-depth to help you choose one of them. If you want to know more details, we recommend you to read our Namely review and BambooHR review.
However, you can also directly find the Best Human Resources Management System, we list them by ranking (based on our review rating), you can find all the comparisons we made and we explain how you should choose the proper one.
Here is what we will talk about in the rest of this article:
To make your choice quick and efficient, here is a short summary about our comparison of BambooHR vs Namely. Find out their ratings, features, prices and then discover the winner of the versus.
When it comes to pricing, Namely offers a flexible range that caters to the diverse financial capabilities of small to mid-sized businesses.
With plans starting from a competitive range and scaling up based on the breadth of services and company size, Namely ensures that businesses can find a pricing option that aligns with their budget and HR needs.
In this section, we’ll delve into the pricing structure of Namely, providing a clear overview of what businesses can expect in terms of investment and the value they receive in return, making it easier to make an informed decision about this crucial aspect of HR management.
Namely’s pricing plans vary based on the services and the size of the company. Here are the details:
Namely Now: Starts at $9 per employee per month. This plan is designed for immediate HR needs, offering essential HR tools and services.
Standard Pricing: Ranges between $12 to $24 per employee per month. The cost depends on the modules included and the size of the company. This range suggests flexibility in the services offered, allowing businesses to choose according to their specific needs.
Basic Service (Excluding Payroll): Costs around $12 to $16 per month per employee. This plan focuses on HR functionalities excluding payroll services, suitable for businesses that might already have a payroll system in place or prefer a separate payroll service.
These pricing structures indicate that Namely offers a range of options to suit different business sizes and needs, from essential HR tools to more comprehensive packages including advanced features.
Understanding the investment in your HR software is crucial, and BambooHR’s pricing structure is designed with transparency and flexibility in mind.
In our pricing section, we break down the cost-effective plans offered by BambooHR, ranging from essential packages suitable for small businesses to more comprehensive solutions for larger enterprises.
With plans starting at a competitive per-employee, per-month rate, and additional discounts for non-profits, BambooHR provides affordable options without compromising on quality and functionality. Explore the pricing range and find the perfect fit for your business’s budget and HR needs.
BambooHR offers two main pricing plans, each designed to cater to different business needs:
Essentials Plan:
Cost: $108 per month for 20 employees + $5.40 per month per each additional employee
This plan includes basic but powerful tools for companies just starting out on their HR journey. Key features of the Essentials Plan include:
Employee Records Management
Standard Reporting & Analytics
Time-Off Management
Mobile App Access
Employee Self-Service
Email Support
Advantage Plan:
$180 per month for 20 employees + $9 per month per each additional employee
Designed as the complete platform for companies ready to experience the full business value of strategic HR. The Advantage Plan includes everything in the Essentials Plan, plus additional features like:
Onboarding and Offboarding Processes
Applicant Tracking System
eSignatures for Documents
Employee Wellbeing Surveys
Training Tracking
Customizable Reports
Phone & Chat Support
Open API for Integration
Additionally, BambooHR offers optional add-ons to expand the capabilities of these plans, including:
Payroll Management (for US-based employees) $7.25 per employee per month, featuring direct deposit, flexible pay schedules, tax filing, and a specialized support team.
Benefits Administration: $5 per employee per month, which includes enrollment management, election review and approval, benefit plan support, and carrier connections.
Performance Management: $5.25 per employee per month offering assessments, 360° feedback, goal setting, and performance reports.
Time Tracking: $3 per employee per month, with features like mobile & desktop time clock, project tracking, automated approval workflows, and automatic overtime calculations.
Each plan’s pricing is based on a per-employee, per-month basis for companies with more than 20 employees. For smaller companies with 20 employees or fewer, BambooHR charges a monthly flat rate.
The pricing structure includes volume discounts as the employee count increases, and an additional discount is offered to registered non-profit organizations.
