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Paylocity good for small businesses
February 28, 2023

Paylocity good for small businesses

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with Paylocity

HRIS, Payroll, Time Keeping, Spending Account and COBRA management, Onboarding
  • Onboarding
  • Time Keeping
  • HRIS Information
  • Spending Account Management
  • Reporting
  • Consistent processing of HR/PR actions
  • System utilization by HR and departments
Payroll and time works well for organization and employees
We use other survey tool

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?

I wasn't involved with the selection/purchase process

Did implementation of Paylocity go as expected?

I wasn't involved with the implementation phase

Would you buy Paylocity again?

Yes

Reporting could use improvement as you are unable to preview reports before running them. The descriptions do not make it apparent what is actually in the report or the report format.
The Spending Account administration has had issues with HSA management as has COBRA managewment.
Onboarding module can be set up with whatever elements you need and the ease of it helps onboarding new hires.
HRIS has a lot of information that can be maintained and that is helpful in the running of the business

Paylocity Feature Ratings

8.7
Employee demographic data
10
Employment history
9
Job profiles and administration
8
Workflow for transfers, promotions, pay raises, etc.
10
Organizational charting
6
Organization and location management
10
Compliance data (COBRA, OSHA, etc.)
8
9.2
Pay calculation
9
Support for external payroll vendors
Not Rated
Off-cycle/On-Demand payment
8
Benefit plan administration
9
Direct deposit files
10
Salary revision and increment management
10
Reimbursement management
Not Rated
10.0
Approval workflow
10
Balance details
10
Annual carry-forward and encashment
10
9.4
View and generate pay and benefit information
10
Update personal information
10
View job history
10
View company policy documentation
9
Employee recognition
8
Not Rated
Tracking of all physical assets
Not Rated
7.0
Report builder
7
Pre-built reports
7
Ability to combine HR data with external data
Not Rated
Integration with other HR capabilities ()
Not Rated
8.0
Performance plans
8
Performance improvement plans
Not Rated
Review status tracking
8
Review reminders
8
Multiple review frequency
Not Rated
Not Rated
Create succession plans/pools
Not Rated
Candidate ranking
Not Rated
Candidate search
Not Rated
Candidate development
Not Rated
10.0
New hire portal
10
Manager tracking tools
10
8.0
Corporate goal setting
Not Rated
Individual goal setting
8
Line-of sight-visibility
8
Performance tracking
8
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