Shlomi Lavi /
Dec 26, 2022
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Bottom Line: Which is Better - PayScale MarketRate or BambooHR?
PayScale MarketRate is more expensive to implement (TCO) than BambooHR, and BambooHR is rated higher (97/100) than PayScale MarketRate (91/100). BambooHR offers users more features (11) than PayScale MarketRate (5). There is a clear winner in this case and it is BambooHR!
Looking for the right HR Department 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:
PayScale, Inc. Vs. BambooHR
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.
BambooHR: We're a group of hard-working and fun-loving people who are passionate about building great web-based software. Members of our team have worked for small successful companies, as well as publicly-held giants like Disney, Intuit, Intel, Novell, Omniture (an Adobe company), and HP. We're working hard to create tools that make our customers' ...
Who is more expensive? PayScale MarketRate or BambooHR?
The real total cost of ownership (TCO) of HR Department 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 PayScale MarketRate and BambooHR.
PayScale MarketRate price starts at $219 per user/month , On a scale between 1 to 10 PayScale MarketRate is rated 6, which is similar to the average cost of HR Department software. BambooHR price starts at $5.25 per employee/month , When comparing BambooHR to its competitors, the software is rated 2 - much lower than the average HR Department software cost.
Bottom line: PayScale MarketRate is more expensive than BambooHR.
Which software includes more/better features?
We've compared PayScale MarketRate Vs. BambooHR based on some of the most important and required HR Department features.
PayScale MarketRate: Appraisal Performance, Employee Self-Service, HR Management, Payroll, Performance Record.
BambooHR: Employee Self-Service, HR Management, Payroll, Performance Record, Software Customization.
Target customer size
Customers of the software include small and medium businesses as well as large enterprises. BambooHR offers its intuitive online HR software to medium and small businesses.