Compare PayScale MarketRate and BambooHR - Dec 2022

Shlomi LaviShlomi 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.



PayScale MarketRate

ITQlick rating
(4.6/5)

starts at $219 per user/month

PayScale MarketRate software is a cloud-hosted human resource and compensation management solution that is engineered to serve businesses of every size. The solution provides precise and on-demand compensation ...

Categories: Compensation Management, HR Analytics.

BambooHR

ITQlick rating
(4.5/5)

starts at $5.25 per employee/month

BambooHR is an integrated, cloud-hosted human resource software solution built to serve small, medium and large enterprises. The platform is a comprehensive suite of HR functionalities that include applicant tr...

Categories: Human Resources, Applicant Sources & Marketplace, Applicant Tracking, Benefits Administration, Compensation Management.

Compare specifications

Compare features

PayScale MarketRate: 5 Features

Appraisal Performance
Employee Self-Service
HR Management
Payroll
Performance Record

BambooHR: 11 Features

Employee Self-Service
HR Management
Payroll
Performance Record
Software Customization
Timesheet
Applicant Tracking
Document Management
Email Integration
Mobile Access
Recruiting Management
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
PayScale...
ITQlick rating
4.6/5
Score
91/100
Pricing
6.4/10
License pricing
$219 per user/month
Functionality
7
Compare
BambooHR
ITQlick rating
4.5/5
Score
97/100
Pricing
2.2/10
License pricing
$5.25 per employee/month
Functionality
27
DynamicPolicy
ITQlick rating
4.6/5
Score
78/100
Pricing
6/10
License pricing
Pricing not available
Functionality
3
Zuman
ITQlick rating
2.8/5
Score
77/100
Pricing
5/10
License pricing
$0.01 per license
Functionality
21
Review
myHRpartner
ITQlick rating
2.8/5
Score
77/100
Pricing
2.2/10
License pricing
$100 per month
Functionality
21

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.