Great system, needs improvement for contractors
March 27, 2023

Great system, needs improvement for contractors

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Paylocity

Paylocity is our HRIS, payroll, and benefits administration system. We use Paylocity for payroll processing, tax filings, benefit administration (including EDI feeds to carriers), ACA reporting, and collection of employee new hire paperwork.
  • Interface is easy to use for administrators
  • Paylocity continually works toward upgrading their system and providing additional options for employees and administrators. You receive the benefit of these upgrades without additional charges.
  • In my experience, tax amendments take a painfully long time and often times require follow-up
  • Support staff don't have a lot of depth of knowledge in payroll and benefit concepts, and following their advice can lead you down the wrong path from time to time.
  • In my opinion, tax deadlines are completely unreasonable for administrative staff. As an example, year end tax forms sometimes have to be reviewed and approved by the first business day of the new tax year (depending on what day of the week the year ends) and if you don't have changes in, you incur amendment fees and have to issue corrected tax forms. It's great that they publish tax forms early for employees, but it creates an unnecessary burden on the administrative staff of Paylocity clients.
  • Better data-driven decision making
  • Reduction in number of support staff necessary in HR/payroll
Payroll automation has made it possible for us to add additional services for our employees without adding additional HR/payroll staff. As a construction company, we have a relatively complex need for job costing capabilities and unfortunately the Paylocity system is not yet sophisticated enough to accommodate the job costing needs that we have. In addition, the approval workflows on time off require a one-to-one relationship between employee and supervisor, which is nearly impossible when you have employees that transitioning from job to job (and therefore supervisor to supervisor) frequently. Because of these issues, we have not been able to automate timekeeping, expense reimbursements, time off approvals, or scheduling.
We do not use these features.
We were only with Paychex for a year before switching to Paylocity. Paylocity has been a much better partner for us.

Do you think Paylocity delivers good value for the price?

Not sure

Are you happy with Paylocity's feature set?

No

Did Paylocity live up to sales and marketing promises?

Yes

Did implementation of Paylocity go as expected?

Yes

Would you buy Paylocity again?

Yes

If you are an experienced payroll and benefits administrator that doesn't need a lot of technical support, the Paylocity system is great and certainly gets the job done. Payroll and tax support at Paylocity is lackluster and inconsistent, so if you are an organization needing a strong external partner in terms of payroll support, Paylocity may not be your best bet.

Paylocity Feature Ratings

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