Shlomi 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.