Compare TSheets and PayScale MarketRate - Mar 2022

Shlomi LaviShlomi Lavi / Mar 15, 2022

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

PayScale MarketRate is more expensive to implement (TCO) than TSheets, and TSheets is rated higher (93/100) than PayScale MarketRate (91/100). TSheets offers users more features (13) than PayScale MarketRate (5). There is a clear winner in this case and it is TSheets!

Looking for the right Time Tracking 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:

Tsheets Vs. PayScale, Inc.

Tsheets: Founded in 2006 and now headquartered out of a view-worthy riverfront office building in Eagle, Idaho, TSheets serves entrepreneurs and corporations across the globe. Businesses of all shapes and sizes utilize our service to manage and maintain accurate time keeping records, and save on overall payroll costs across the board.TSheets is the brainchi...

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? TSheets or PayScale MarketRate?

The real total cost of ownership (TCO) of Time Tracking 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 TSheets and PayScale MarketRate.

TSheets price starts at $15 per month , On a scale between 1 to 10 TSheets is rated 2, which is much lower than the average cost of Time Tracking 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 Time Tracking software cost.

Bottom line: PayScale MarketRate is more expensive than TSheets.

Which software includes more/better features?

We've compared TSheets Vs. PayScale MarketRate based on some of the most important and required Time Tracking features.

TSheets: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Basic Reports, Data Import/Export, Mobile Access, Online Customer Support, Automated Scheduling, Employee Database, Group Scheduling, Multi-Location Support.

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

Target customer size

Customers of the software include small and medium businesses as well as large enterprises. Customers of the software include small and medium businesses as well as large enterprises.



TSheets

ITQlick rating
(4.7/5)

starts at $15 per month

TSheets is a cloud-based HR time tracking and scheduling solution designed to help track time on any device in real-time to streamline payroll, and to send accurate invoices. The solution offers mobile time tra...

Categories: Human Resources, Employee Scheduling, Time-sheet entry, Professional Services Automation.

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.

Compare specifications

Compare features

TSheets: 13 Features

Basic Reports
Data Import/Export
Mobile Access
Online Customer Support
Automated Scheduling
Employee Database
Group Scheduling
Multi-Location Support
Hourly Employee Tracking
Overtime Calculation
Salaried Time Tracking
Sick Leave Tracking
Scheduling

PayScale MarketRate: 5 Features

Appraisal Performance
Employee Self-Service
HR Management
Payroll
Performance Record
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
TSheets
ITQlick rating
4.7/5
Score
93/100
Pricing
2.2/10
License pricing
$15 per month
Functionality
18
Compare
PayScale...
ITQlick rating
4.6/5
Score
91/100
Pricing
6.4/10
License pricing
$219 per user/month
Functionality
7
TimeCloc...
ITQlick rating
3.3/5
Score
92/100
Pricing
4.8/10
License pricing
$2.50 per employee/month
Functionality
5
Harvest
ITQlick rating
4.5/5
Score
90/100
Pricing
2/10
License pricing
$12 per seat/month
Functionality
16
Toggl
ITQlick rating
4.6/5
Score
90/100
Pricing
2.2/10
License pricing
$9 per user/month
Functionality
15
Review

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.