Paylocity works for mid-sized company.
November 24, 2023

Paylocity works for mid-sized company.

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

Overall Satisfaction with Paylocity

We use Paylocity to process our semi-monthly payroll. We also use it for various trainings and are about to implement the annual review process using this platform.

Pros

  • Track time for employees.
  • Automates the pay process.
  • Tracks onboarding of new hires.

Cons

  • Difficult to find where some setup fields are located.
  • Reduced time required to process payroll.
  • Reduced errors.
  • Better tracking of accruals.
The timecard tracking and ability to import that into payroll has been a timesaver. But it still takes a bit too many steps to accomplish.
We have seen an uptick in employees interacting with the platform and getting information themselves that they used to call and ask for.

Do you think Paylocity delivers good value for the price?

Not sure

Are you happy with Paylocity's feature set?

Yes

Did Paylocity live up to sales and marketing promises?

No

Did implementation of Paylocity go as expected?

No

Would you buy Paylocity again?

Yes

Overall, I think Paylocity works well for a small to medium sized company (20-100 employees). That is the universe I am in, and I have found it to be a robust package.

Paylocity Feature Ratings

9.0
Employee demographic data
8
Employment history
10
Job profiles and administration
8
Workflow for transfers, promotions, pay raises, etc.
10
Organizational charting
7
Organization and location management
10
Compliance data (COBRA, OSHA, etc.)
10
9.0
Pay calculation
10
Support for external payroll vendors
Not Rated
Off-cycle/On-Demand payment
6
Benefit plan administration
Not Rated
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
8.0
Tracking of all physical assets
8
9.0
Report builder
Not Rated
Pre-built reports
9
Ability to combine HR data with external data
Not Rated
Integration with other HR capabilities ()
Not Rated
8.5
Performance plans
8
Performance improvement plans
8
Review status tracking
9
Review reminders
9
Multiple review frequency
Not Rated
7.5
Create succession plans/pools
6
Candidate ranking
8
Candidate search
8
Candidate development
8
10.0
New hire portal
10
Manager tracking tools
10
9.8
Corporate goal setting
10
Individual goal setting
10
Line-of sight-visibility
9
Performance tracking
10
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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