Compare Namely and PayScale MarketRate - Nov 2022

Shlomi Lavi

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Bottom Line: Which is Better - Namely or PayScale MarketRate?

Namely is more expensive to implement (TCO) than PayScale MarketRate, and Namely is rated higher (97/100) than PayScale MarketRate (91/100). Namely offers users more features (10) than PayScale MarketRate (5).

Looking for the right Human Resources solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Namely Vs. PayScale, Inc.

Namely : Namely is the leading HR platform for the world's most exciting companies. Based in New York, the company was founded in 2012 by Matt Straz, the serial entrepreneur and former media executive. Today, Namely is in use in over 20 countries and offers a full suite of HR tools including HRIS, payroll, benefits administration and performance management...

PayScale, Inc.: PayScale MarketRate gives you instant access to current salary data that matches your positions and your company. Eliminate compensation guesswork. Stop overpaying employees. Reduce the risk of losing top performers. Cut HR Costs.

Who is more expensive? Namely or PayScale MarketRate?

The real total cost of ownership (TCO) of Human Resources software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Namely and PayScale MarketRate.

Namely price starts at $12 per employee/month , On a scale between 1 to 10 Namely is rated 6, which is similar to the average cost of Human Resources software. PayScale MarketRate price starts at $219 per user/month , When comparing PayScale MarketRate to its competitors, the software is rated 6 - similar to the average Human Resources software cost.

Bottom line: Namely cost is around the same cost of PayScale MarketRate.

Which software includes more/better features?

We've compared Namely Vs. PayScale MarketRate based on some of the most important and required Human Resources features.

Namely: Dashboard, Talent Management, Payroll, Employee Scheduling, Absence Management, Employee Time Clock, FMLA Tracking, Overtime Tracking.

PayScale MarketRate: Appraisal Performance, Employee Self-Service, HR Management, Payroll, Performance Record.

Target customer size

Namely's typical customers include: SMBs, Customers of the software include small and medium businesses as well as large enterprises.