Paylocity Review 2024
August 05, 2024

Paylocity Review 2024

Jeremy Smith | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Paylocity

We use Paylocity for recruiting, interviewing, hiring, onboarding, payroll, and time tracking for hourly employees. We also utilize the expense reimbursement section and love that it integrates directly into payroll after approval. We love that all of these aspects are connected and in one system.

Pros

  • Payroll
  • Recruiting with the JobTarget and Checkr BG check integrations
  • Reporting

Cons

  • Transition of hired applicant from Recruiting to Onboarding section
  • Integrations with employee benefit providers
  • Self-Service enrollment for FSA
  • 1 hour plus time savings on payroll processing days
  • Many less payroll errors than previous system
  • $1,000ish cost savings per month from previous system
  • 401k integration with Fidelity saves an additional 30 minutes each payroll cycle
I wear many hats in my organization from HR, Payroll, Benefits, to Finance, Accounting, etc. All of Paylocity's automations allow me to spend much more time in more strategic areas and I'm truly grateful for the system.
We have a long-used SharePoint home page for our organization where we do more of the things that Community and Impressions are designed for, so we don't utilize these tools that much. Surveys, however, have provided a big benefit as we send out multiple surveys per year to track employee satisfaction as well as other things. We love the Surveys function!
Paylocity was much cheaper and appeared to have a much more streamlined approach compared to these other systems. I actually was not at the organization during the Paylocity decision making process, but our major concern was cost and ease of use and Paylocity has not disappointed! There are just some minor features missing that would guarantee we never look for another software!

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 works great for small businesses! Our company is less than 50 people. I could see how Paylocity would be more difficult to use for larger companies because of the improvements I listed on the last page.

Paylocity Feature Ratings

10.0
Employee demographic data
10
Employment history
10
Job profiles and administration
10
Workflow for transfers, promotions, pay raises, etc.
10
Organizational charting
10
Organization and location management
10
Compliance data (COBRA, OSHA, etc.)
10
9.0
Pay calculation
10
Off-cycle/On-Demand payment
10
Benefit plan administration
4
Direct deposit files
10
Salary revision and increment management
10
Reimbursement management
10
10.0
Approval workflow
10
Balance details
10
Annual carry-forward and encashment
10
10.0
View and generate pay and benefit information
10
Update personal information
10
View job history
10
View company policy documentation
10
Employee recognition
10
Asset Management ()
Not Rated
8.3
Report builder
10
Pre-built reports
10
Ability to combine HR data with external data
5
Integration with other HR capabilities ()
Not Rated
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
8.3
Create succession plans/pools
8
Candidate ranking
8
Candidate search
10
Candidate development
7
8.0
New hire portal
6
Manager tracking tools
10
Performance and Goals ()
Not Rated
10.0
Job Requisition Management
10
Company Website Posting
10
Publish to Social Media
10
Job Search Site Posting
10
Duplicate Candidate Prevention
Not Rated
Applicant Tracking
10
Notifications and Alerts
10

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