Compare PayScale MarketRate and Paychex Flex - Apr 2022

Shlomi Lavi

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Bottom Line: Which is Better - PayScale MarketRate or Paychex Flex?

PayScale MarketRate is more expensive to implement (TCO) than Paychex Flex, and PayScale MarketRate is rated higher (91/100) than Paychex Flex (85/100). Paychex Flex offers users more features (8) than PayScale MarketRate (5).

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. Paychex, Inc.

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.

Paychex, Inc.: Paychex, Inc. is a recognized leader in the payroll, human resource, and benefits outsourcing industry, with a steadfast commitment to success and a record of achievement that continues a tradition of delivering excellence. The company was founded in 1971 by B. Thomas Golisano with just $3,000 and a good idea – to make payroll outsourcing easy a...

Who is more expensive? PayScale MarketRate or Paychex Flex?

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 Paychex Flex.

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. Paychex Flex price starts at $39 per month , When comparing Paychex Flex to its competitors, the software is rated 6 - similar to the average HR Department software cost.

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

Which software includes more/better features?

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

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

Paychex Flex: Benefits Administration, Payroll, Data Analysis Tools, Direct Deposit, W-2 Preparation.

Target customer size

Customers of the software include small and medium businesses as well as large enterprises. The software is a viable solution for businesses of all sizes and a variety of types.