Compare PayScale MarketRate and Workforce Ready - Mar 2022

Shlomi LaviShlomi Lavi / Mar 15, 2022

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Bottom Line: Which is Better - PayScale MarketRate or Workforce Ready?

PayScale MarketRate is more expensive to implement (TCO) than Workforce Ready, and Workforce Ready is rated higher (98/100) than PayScale MarketRate (91/100). Workforce Ready offers users more features (16) than PayScale MarketRate (5). There is a clear winner in this case and it is Workforce Ready!

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. Kronos Incorporated

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.

Kronos Incorporated: It started off with a simple idea: there had to be an easier way to record employee time transactions. And then one innovation led to another and that idea grew into something we now call workforce management.

Who is more expensive? PayScale MarketRate or Kronos Workforce Ready?

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 Kronos Workforce Ready.

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. Kronos Workforce Ready price starts at $6 per employee/month , When comparing Kronos Workforce Ready 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 Kronos Workforce Ready.

Which software includes more/better features?

We've compared PayScale MarketRate Vs. Workforce Ready based on some of the most important and required HR Department features.

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

Kronos Workforce Ready: Benefits Administration, HR Management, Payroll, Performance Record, Recruiting.

Target customer size

Customers of the software include small and medium businesses as well as large enterprises. Kronos Labor force Ready is especially developed for small as well as midsize services who wish to automate a lot of their workforce management processes with great functions like real-time staff member data as well as scheduling.



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.

Workforce Ready

ITQlick rating
(4.1/5)

starts at $6 per employee/month

Kronos Workforce Ready is a cloud-hosted human resources system that integrates workforce management and HCM (human capital management) capabilities in one platform. The system covers organizations of all sizes...

Categories: Human Resources, Applicant Tracking, Attendance Tracking, Benefits Administration, Compensation Management.

Compare specifications

Compare features

PayScale MarketRate: 5 Features

Appraisal Performance
Employee Self-Service
HR Management
Payroll
Performance Record

Kronos Workforce Ready: 16 Features

Benefits Administration
HR Management
Payroll
Performance Record
Recruiting
Timesheet
Biometric
Labor Cost Reporting
Manual Time Entry
Multiple Pay Rates
Offline Timesheets
Online Timesheets
Overtime Calculation
Telephone Time Reporting
Time Categorization
Work History
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
Workforc...
ITQlick rating
4.1/5
Score
98/100
Pricing
2/10
License pricing
$6 per employee/month
Functionality
32
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.