The main difference between Paylocity and BambooHR is that BambooHR offers a free trial for 7 days but Paylocity does not offer this.
In this versus, we compare Paylocity vs BambooHR in-depth to help you choose one of them. If you want to know more details, we recommend you to read our Paylocity 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 Paylocity. Find out their ratings, features, prices and then discover the winner of the versus.
When it comes to pricing, Paylocity presents a compelling narrative of value and affordability. With pricing plans that range approximately from $18 to $27 per employee per month, Paylocity positions itself as an accessible solution for businesses of all sizes. This section will delve into the pricing structure of Paylocity, highlighting how its cost-effective approach does not compromise on quality and functionality.
Whether you’re a small business or a large corporation, understanding Paylocity’s pricing is the first step in realizing the potential of a top-tier HR and payroll management system within your budget.
Paylocity’s pricing is structured on a per employee per month (PEPM) basis. The cost for a Paylocity subscription can range from approximately $18 to $27 per employee per month. This pricing structure allows for scalability, making it suitable for organizations of various sizes.
The exact cost may vary depending on the specific services and features included in the package chosen by the organization. This flexible pricing model ensures that businesses only pay for the services they need, making it a cost-effective solution for managing payroll and HR functions.
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.
