Recruiting and retaining employees has become the biggest HR challenge in 2023. Luckily, there’s no shortage of solutions to help. In fact, there are so many platforms, it can be tough to pick one.
Paycor bills itself as human capital management (HCM) software that helps with recruiting, hiring, and managing employees. Using the software, you can easily manage payroll and benefits and empower employees to provide feedback and request time off. Using Paycor review, you can go through its features and make sure it’s the right solution for your business.
Quick View: Pros & Cons
pros
- Robust suite of solutions
- Features can be customized
- Includes user-friendly mobile app
cons
- Pricing only available through custom quote
- No free version available
- Features and price may be better for midsized businesses
When To Use
- You need a scalable solution: If you need a solution that can adjust as your business changes and grows, Paycor is worth considering.
- You want to reduce HR workload: Employee self-service can shift some HR duties to employees.
- You need in-depth reporting: Paycor’s reports will give you ongoing insights into your work culture.
- You need a quick solution: Paycor’s implementation process takes time, making it less than ideal if you need to get started soon.
- You’re keeping things simple: The robust offerings can make Paycor tough to learn.
- You’re on a budget: Although its pricing isn’t publicly disclosed, Paycor reviews indicate it costs more than competitors.
Deciding Factors
| Price | Paycor operates on a quote-based pricing process. Reports indicate you’ll pay both a flat fee and a monthly per-user fee, and the price can be exorbitant for larger teams. |
| Ease of Use | 3/5: With so many features, Paycor comes with a steep learning curve. |
| Ease of Sharing with Accountants | 2/5: Although you can pull reports, Paycor is designed to be used by HR teams and employees, not third-party vendors like accountants. |
| Support | 5/5: Customer service is one area where Paycor excels, providing help throughout implementation and after it’s in use. |
| Scalability | 4/5: Your Paycor implementation is customized to your needs and can be adjusted as you grow and change. |
| Maximum Number of Users | 5/5: You can add as many users as you need, although your per-user monthly price will increase. |
Paycor Plans & Pricing
Paycor pricing is based on the size of your business. There are separate plan structures for businesses that have under 50 employees and those with 50 employees or more.
Unfortunately, you won’t find the Paycor price on its site. You’ll choose your business size and fill out a form to be contacted with pricing information. However, Paycor review indicate the price ranges from $99-$299, plus $6-16 per user per month, but you’ll need to request a quote to get an idea of what you’ll pay.
Paycor does give you a detailed feel for its plan tiers. If you’re a small business, the basic plan will likely give you everything you need to hire, file taxes, and manage your payroll. It includes:
- Federal and state tax filing
- New hire tax reporting and Employee Verification Service (EVS) filing
- Check stuffing and online check stubs
- Employee self-service
- Basic wage garnishment service
- Multiple employee pay options (direct deposit, payroll cards, digital wallet payment, and paper checks)
- Off-cycle pay runs
- Additional local and state tax authorities
- Multiple online reporting options
- Access to The Work Number
- Access to OnDemand Pay (Earned Wage Access) to pay employees early
- Worker Opportunity Tax Credit management
If you need more advanced features, you’ll want to consider upgrading to one of the higher-tier plans. The Essential plan includes all the above features plus time off requests and tracking, job costing, employee onboarding, and 401(k) Electronic Data Interchange (EDI) processing.
The Core plan adds expense management and compensation planning, along with all the above features. But if you need advanced analytics, the Complete plan will give you the most comprehensive features.
Businesses that have 50 or more employees will get pricing and a setup customized to their environment. You’ll simply schedule a meeting to discuss your needs with a Paycor representative.
Paycor Advantages & Disadvantages
Advantages
- Dedicated support provided
- Full suite of HR offerings
- Free trial and demos available
Disadvantages
- Slow implementation process
- Can be tough to learn
- Pricing isn’t transparent
Paycor Setup
Although Paycor’s lack of pricing transparency can be frustrating, there is a benefit to its setup. From the start, Paycor will work with your small business to craft a customized solution. You’ll work directly with a representative who will help you transition from your old systems to the new environment.
It’s important to note that implementation doesn’t happen overnight. In fact, it can take weeks for the team to get the software set up and all your workers trained on using it. Our Paycor review mention that it might take a couple of months before the software is a seamless part of your operations.
Throughout the setup process, the Paycor team will help with training. You’ll get a variety of resources that you can pass on to your team, as well as ongoing support for any questions you have once the software is in use.
But the customer support doesn’t end once implementation is complete. Both Paycor employee reviews and supervisor reviews report friendly, accessible customer service. You may be able to find answers to your questions in the Paycor knowledgebase, but if you want to go directly to a representative, you can get help by chat or phone. Support is available Monday through Friday, 8 am to 8 pm Eastern Time.
As with most HR solutions, though, it’s important to send employees directly to your administrators with any issues they have. You can then pass those questions on to support if it’s not something you can answer right away.
Is Paycor Worth It? The Final Verdict
Reading Paycor reviews can give you a feel for whether the app will work for your small business. Paycor customer reviews indicate the software has a bit of a learning curve, but has the features to handle all of their HR needs. It’s worth a conversation with a Paycor representative to see what the solution can do for your business.
FAQs
How does Paycor compare to ADP?
Both Paycor and ADP are popular HR solutions, but ADP is geared toward large corporations, while Paycor can handle even businesses with only a few employees. Paycor excels in customer support, but ADP has a larger suite of features.
