Paycor
Compare Paycor to Paychex, Gusto, and TriNet Zenefits. Includes a detailed review of Paycor, pricing information, and answers to common questions.
Updated on July 18th, 2022
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Updates:
Updated 16th of February 2022
We updated mentions of Zenefits to TriNet Zenefits.
Updated 16th of November 2021
We updated the review format and added comparisons to Paychex, Gusto, and Zenefits.
Paycor is an HCM software platform that integrates recruiting, talent development, payroll, and time and attendance. Businesses can use Paycor to modernize the way they manage their employees.
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Pricing:
Plan* | Monthly Pricing |
|---|---|
Basic | $99.00 + $5.00 /employee. |
Essential | $149.00 + $6.00 /employee. |
Complete | $199.00 + $7.00 /employee. |
HCM | $199.00 + $12.00 /employee. |
*Plans can be customized to include additional products or services, including benefits administration, workers' compensation, time and scheduling, and recruiting features.
Review:
Paycor's solutions include payroll software with a good range of useful, user-friendly features, such as unlimited pay runs, auto-run payroll, document storage, in-product compliance, and employee self-service. The top-tier plans also include advanced analytics tools, automated workflows, and performance management features.
While Paycor offers a good range of HR and payroll tools, along with optional add-ons, such as recruiting tools, time and scheduling, and benefits administration software, it is one of the more costly options available. Leading competitors Gusto and TriNet Zenefits, for example, have a far lower starting price and offer more features.
Pros:
- The software is user-friendly.
- Businesses have a choice of several plans, from essential payroll and HR features to a comprehensive HCM solution.
- Users can request a customized plan to meet their individual business needs.
- All plans include unlimited pay runs, employee self-service, and new hire reporting.
- The HCM plan includes workflow automation, document management, and performance management tools.
Cons:
- Payroll features don't include tip credits or lifetime accounts.
- Paycor is costlier than top-rated competitors Gusto and TriNet Zenefits.
Reputation:
Paycor is accredited by the Better Business Bureau and has an A+ rating on the platform. On G2, Paycor has more than 540 reviews and a rating of 4.1 out of 5 stars. While many users found the software to be easy to use, several complained about the customer support.
At-a-Glance:
Feature | Paycor |
|---|---|
Automated taxes | ✓ |
Direct deposits | ✓ |
Expense integrations | x |
Time, attendance, and scheduling tools | ✓ |
Benefits administration | ✓ |
Employee self-service portal | ✓ |
Learning management system | ✓ |
Reporting and analytics | ✓ |
Lifetime accounts | x |
Paycor vs. Paychex:
Paychex and Paycor have a similar feature profile and both lack some of the more advanced features, such as lifetime accounts. Unlike Paycor, Paychex also functions as a PEO. Of the two, Paychex is the more affordable option.
Paycor vs. Paychex Comparison:
Feature | Paycor | Paychex |
|---|---|---|
Starting price | $99.00 /mo. + $5.00 /employee /mo. | $39.00 /mo. + $5.00 /employee /mo. |
Payroll tax administration | ✓ | ✓ |
Manage garnishments and deductions | ✓ | ✓ |
Expense integration | x | ✓ |
Direct deposits | ✓ | ✓ |
Employee self-service portal | ✓ | ✓ |
Mobile access | ✓ | ✓ |
Paycor vs. Gusto:
Gusto offers a wider range of payroll features than Paycor, including items such as expense integration, lifetime accounts, and tip credits. While Gusto charges more per employee than Paycor, it has a much lower monthly base price than Paycor.
Paycor vs. Gusto Comparison:
Feature | Paycor | Gusto |
|---|---|---|
Starting price | $99.00 /mo. + $5.00 /employee /mo. | $40.00 /mo. + $6.00 /mo. /employee. |
Payroll tax administration | ✓ | ✓ |
Manage garnishments and deductions | ✓ | ✓ |
Expense integration | x | ✓ |
Direct deposits | ✓ | ✓ |
Employee self-service portal | ✓ | ✓ |
Mobile access | ✓ | ✓ |
Paycor vs. TriNet Zenefits:
Unlike Paycor, TriNet Zenefits does not include payroll functionality in its core plan but only makes it available as an add-on product, which can make it a costlier option depending on the number of employees. However, TriNet Zenefits offers several features that Paycor doesn't, including lifetime accounts and banking information management.
Paycor vs. TriNet Zenefits Comparison:
Feature | Paycor | TriNet Zenefits |
|---|---|---|
Starting price | $99.00 /mo. + $5.00 /employee /mo. | $10.00 /employee /mo. + $6.00 /employee /mo. |
Payroll tax administration | ✓ | ✓ |
Manage garnishments and deductions | ✓ | ✓ |
Expense integration | x | ✓ |
Direct deposits | ✓ | ✓ |
Employee self-service portal | ✓ | ✓ |
Mobile access | ✓ | ✓ |
Key Information:
Legal Name | Paycor, Inc. |
Founder | |
Founding Date | Jan 01, 1990 |
Address | 4811 Montgomery Rd., Cincinnati, OH 45212 |
Number of Employees | 2000 |
Number of Customers | 40000 |
Telephone | |
Website |
News & Activity:
Date | News or Activity |
|---|---|
September 23, 2021 | Paycor Launches Product to Help Companies with Vaccine Mandates |
July 21, 2021 | |
March 2, 2021 |
FAQs:
What is Paycor?
Paycor is a human capital management platform that integrates recruiting, talent development, payroll, and time and attendance. Businesses can use Paycor to modernize the way they manage their people.
Is Paycor a good service?
Paycor is a reputable company with overall good customer ratings.
What is the cost of Paycor?
Paycor's pricing starts at $99.00 per month plus $5.00 per employee per month.
How secure is Paycor?
Paycor employs several security features to keep their clients' payroll and personal information confidential and secure. These include an intrusion detection and prevention system, data encryption, threat detection, and regular vulnerability software scans.
Is Paycor a public company?
Yes, Paycor announced their initial public offering (IPO) on July 21, 2021.