Paylocity Pays for Itself!
September 15, 2022

Paylocity Pays for Itself!

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Paylocity

Our company uses Paylocity for all onboarding, time & attendance, HR, payroll, and health & benefits administration. We moved from another national payroll processing company earlier this year and have been very pleased with the decision to change. The interface is user friendly and the reporting ability saves so much time and research.

Pros

  • Customer Service
  • Reporting
  • Intuitive interface

Cons

  • more dedicated contacts for your company
  • easier IP policy setup for clocking in from work computers only
  • reduced time expenditures
  • reduced errors in payroll
  • better data-driven reporting
These automation tools are helpful, but not ones that we use all of the time due to how our employees are reviewed/managed.
We have only been using Paylocity for roughly 7 months, so there has not been enough time to determine the impact of these tools that we have seen.
Paychex was the company we switched from due to poor customer service and errors in payroll. Paycom was one of the companies we considered, but they were much more expense than Paylocity and didn't meet our needs as well.

Do you think Paylocity delivers good value for the price?

Yes

Are you happy with Paylocity's feature set?

Yes

Did Paylocity live up to sales and marketing promises?

Yes

Did implementation of Paylocity go as expected?

Yes

Would you buy Paylocity again?

Yes

Paylocity is a huge help for companies who are looking for a all-in-one system for HR-type administration. It works well with medium size companies, but could be a bit overkill for smaller ones given the features may not be as relevant.

Paylocity Feature Ratings

Employee demographic data
9
Employment history
8
Job profiles and administration
7
Workflow for transfers, promotions, pay raises, etc.
7
Organizational charting
Not Rated
Organization and location management
7
Compliance data (COBRA, OSHA, etc.)
Not Rated
Pay calculation
10
Support for external payroll vendors
Not Rated
Off-cycle/On-Demand payment
10
Benefit plan administration
Not Rated
Direct deposit files
10
Salary revision and increment management
10
Reimbursement management
9
Approval workflow
9
Balance details
7
Annual carry-forward and encashment
7
View and generate pay and benefit information
10
Update personal information
10
View job history
10
View company policy documentation
10
Employee recognition
Not Rated
Tracking of all physical assets
5
Report builder
10
Pre-built reports
9
Ability to combine HR data with external data
Not Rated
Performance plans
Not Rated
Performance improvement plans
Not Rated
Review status tracking
Not Rated
Review reminders
Not Rated
Multiple review frequency
Not Rated
Create succession plans/pools
Not Rated
Candidate ranking
Not Rated
Candidate search
Not Rated
Candidate development
Not Rated
New hire portal
10
Manager tracking tools
10
Corporate goal setting
Not Rated
Individual goal setting
Not Rated
Line-of sight-visibility
Not Rated
Performance tracking
Not Rated
Job Requisition Management
Not Rated
Company Website Posting
Not Rated
Publish to Social Media
Not Rated
Job Search Site Posting
Not Rated
Duplicate Candidate Prevention
Not Rated
Applicant Tracking
Not Rated
Notifications and Alerts
Not Rated

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