Paylocity System's Strengths and Weaknesses
December 02, 2024

Paylocity System's Strengths and Weaknesses

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

Overall Satisfaction with Paylocity

I have used Paylocity for over 6 years between two different companies. The Paylocity platform is user friendly for employees to easily complete their onboarding, find what they need, participate in learning, finish tasks and submit requests. Time keeping, LMS, and HRIS system is constantly evolving to better the employee user experience.

Pros

  • Timekeeping
  • Payroll
  • HRIS

Cons

  • Accruals of Leave
  • Dedicated Account Manager you can when you call
  • Benefits Platform needs major improvement
  • Streamlined Onboarding tremendously
  • Easy dashboard to monitor 40 different states taxes
  • Ease to pull reports and customize to pull specific data
Unfortunately in some areas, Paylocity has created more work for our team. We had to create a spreadsheet to ensure that the accrual rules are functioning correctly. Paylocity is still having accrual issues, and we have been with Paylocity for 4 years now. Onboarding is great to use, even when hiring hundreds of employees quickly. Great product for mass hiring.
Our employees love the Community and getting real time notifications when we add information to share with the different teams. Exit interviews, peer recognition and the birthday/anniversary announcements are wonderful! Our employees feel connected to us and can even message us through the platform.
With all of the other Payroll systems out there, Paylocity does well to stay ahead of the consumer trends and professional needs of HR. Constantly updating and improving the system, to make it an appealing platform for our employees.

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?

No

Did implementation of Paylocity go as expected?

No

Would you buy Paylocity again?

Yes

If you have a business model where there are only a few benefit groups and the benefits are offered to all employees, Paylocity is wonderful. If you have multiple employee groups, many different benefits plans offered the system does not function as smoothly. Leave accruals for simple functions, Paylocity works great. If you have sophisticated Leave Accruals, Paylocity cannot handle them, and the account managers will share that they have to submit a PDR and will let you know if/when it is created.

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.)
Not Rated
9.0
Pay calculation
10
Support for external payroll vendors
Not Rated
Off-cycle/On-Demand payment
10
Benefit plan administration
4
Direct deposit files
10
Salary revision and increment management
10
Reimbursement management
10
8.3
Approval workflow
10
Balance details
8
Annual carry-forward and encashment
7
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
10.0
Tracking of all physical assets
10
7.7
Report builder
10
Pre-built reports
6
Ability to combine HR data with external data
7
Integration with other HR capabilities ()
Not Rated
10.0
Performance plans
10
Performance improvement plans
10
Review status tracking
10
Review reminders
10
Multiple review frequency
10
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
Not Rated
Corporate goal setting
Not Rated
Individual goal setting
Not Rated
Line-of sight-visibility
Not Rated
Performance tracking
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
10
Applicant Tracking
10
Notifications and Alerts
10

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