GoCo Pricing Plans & Cost Guide (Dec 2022)
Compare Pricing
| ITQlick Score: | 84/100 |
|---|---|
| ITQlick Rating: |
|
| Pricing: | 2.6/10 - low cost |
| Category: | Employee Onboarding -> GoCo review -> GoCo pricing |
| Ranking: | Ranked 3 out of 15 Employee Onboarding systems |
| Company: | GoCo |
| Pricing: | starts at $5 per employee/month |
| Typical customers: | Small businesses and start ups |
| Platforms: | Cloud |
| Links: | GoCo review, GoCo alternatives |
Shlomi Lavi / Dec 28, 2022We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .
Table of Contents
GoCo pricing: How much does it cost in 2024?
-
As far as pricing is concerned, GoCo's offers start from $5 per employee per month.
-
However, GoCo does not offer a standard plan to businesses.
-
Users are offered a custom plan to fit the HR workflow based on their requirements.
Prices and Plans Compared
Although the plans provided by GoCo may vary from business to business because of customisation, all the custom plans include onboarding, hiring, MagicDocs, and employee self-service. The plans are designed to serve small to medium companies and are priced accordingly.
Some of the key features offered by GoCo plans include email integration, reporting, employee database, HR & payroll, salary information & history, application security, MIS reports, payroll management, task management, and analytical reports.
By availing of automated hiring and onboarding tools, small businesses can ensure running HR-related tasks smoothly. For instance, the hiring manager can customise a letter to the newly hired employee and embed it with an e-signature. Besides that, the software can also help ensure i9 and w4 compliance etc.
For payroll, Businesses can also run payroll inside the software, experience automatic reconciliation, ACA compliance and reporting, capture paystubs seamlessly, and much more.
Which Plan Is Right for You?
Usually, HRIS or payroll software offer different plans for businesses to choose from. The purpose is to let every business decide which plan would be the most significant to them based on their requirements, number of employees, and budget.
However, GoCo is all out of customisation. It is one of the unique factors of this software. It doesn't provide generalised plans but customises them according to the customers’ demands. Nevertheless, it is made to support small to mid-sized businesses.
Another worth-mentioning feature of this software is that it offers support to existing processes, providers, and policies. It makes the implementation of GoCo for SMBs easier as they won't be required to change their existing systems. Hence, if you believe that your business can benefit from transferring all the current policies, processes, and providers to new and more efficient software, it might be a suitable option.
GoCo vs. competitors (pricing)
|
Software |
Pricing |
Free Trial |
|
GoCo |
$5 per employee per month |
Free trial unavailable |
|
BambooHR |
$5.25-$8.75 per month |
7 days |
|
Zenefits |
$10 per employee per month |
14 days |
|
Rippling |
$8 per employee per month |
Free trial unavailable |
|
APS online |
$5 - $11 per employee per month |
Free trial unavailable |
|
Inova Payroll |
Contact for pricing |
Free trial unavailable |
Cost of software customizations
Customizing the software to meet the specific needs of the organization can be a costly process, especially if the customization requires significant development or integration work. The average cost of customization can range from a few thousand dollars to several hundred thousand dollars, depending on the complexity of the customization work.
Data migration cost Relevant for GoCo
Migrating data from old systems to the new software can be a time-consuming and costly process, especially if the data is large or complex. The average cost of data migration can range from a few thousand dollars to several hundred thousand dollars, depending on the size and complexity of the data.
Cost of training
How many groups (different departments, usages, type of users) are needed for GoCo training? Training employees to use the new software can be a significant cost, especially if the software is complex or requires specialized knowledge. The average cost of training can range from a few hundred dollars to several thousand dollars per employee, depending on the complexity of the software and the duration of the training.
Cost of maintenance
Ongoing maintenance and support for the software can be a significant cost, especially if the software requires frequent updates or has a high rate of bugs or issues. The average cost of maintenance can range from a few hundred dollars to several thousand dollars per year, depending on the complexity of the software and the level of support required.
Frequently Asked Questions (FAQs)
Our Veredict
From onboarding to payroll, GoCo provides a wide range of efficient solutions to businesses and helps them streamline their processes for efficient performance. Thanks to the automated features, small businesses can benefit from this all-in-one HR software and let it lift heavier weight. For instance, companies can start the onboarding process even before the employees enter the business on the first day.
Additionally, some companies prefer customised plans according to their demands. GoCo can work well for such companies as the offered plans are completely customised.
However, compared to one of its competitors Ripplings, GoCo offers fewer features. Furthermore, Ripplings can be used by larger companies, whereas GoCo is made for small to mid-sized businesses. Due to more features and benefits, Ripplings is more expensive, and GoCo is more cost-effective.
Another competitor of GoCo is Zenefits, which is also more expensive and offers features that are missing in GoCo. For instance, Zenefits provides document management, bonus loan & advance management, help desk, and expense management. On the other hand, GoCo offers MIS reports, application security, employee database, and analytical reports.
Human Resources Software Products Price Range
HRIS comes with different prices, which are usually determined by either number of employees or the number of users. Either way, HR Tools pricing ranges from $5–$15 and $16–$25 per employee per month; for most providers, these prices are also set based on the robustness of the chosen package feature-wise, and they may not include fees for setup or training.
However, HR software that are priced based on the number of users may have slightly higher prices because, unlike ones with per employee prices, they do not require an organization to pay for every employee but, instead, employees that are actively using the tools. For example, Conrep is priced at around $30 per user per month, while HRnest costs around $20 per employee per month. Another instance is HRnest, which costs $1 per employee, provided its paid in bulk for 35 employees each, and 2 feature plugins, which cost $40 and $60 respectively, must be paid for alongside.
In addition, HRIS pricings are adjusted by most vendors, depending on the business size.
- Small Businesses can expect around $5 for a single employee or nothing at all, as some software makes their basic HR features free for small workforces. Some examples are PeopleBookHR, Snappi, and IceHRM. At the same time, premium HR providers like VAIRKKO Suite costs $1 monthly per employee, Optimity pricing is around $5 monthly per user, and Attendee HRM costs $28 per year to manage 28 employees.
- Medium Businesses that need more robust HRIS features can expect to pay between $5–$15 per employee. For instance, ICMIS Recruit costs around $6,000 per year to manage between 51–100 employees, Info:HR charges a one-time fee of $2800, and FingerCheck pricing is priced at $200 monthly for 50 employees.
- Large Businesses can expect to pay less on a per-employee basis because the logic is the more the employee, the lesser the fee. However, the number of features and onboarding costs may cost more. For instance, FingerCheck costs $1,600 monthly for 500 employees and Britix24 $199 per month.
HRIS best of breeds and their price ranges are as follows:
- Applicant Tracking Tools While some applicant tracking apps are priced per job posting, businesses can, however, expect to pay between $19–$28, $28–$49, and $49 upwards per user, per month. For instance, Yahoo Indeed costs around $150 per month, Monster TMS costs $5,000 per year while Manatal pricing is charged at $15 per user per month.
- Performance Appraisal Software Like most applicant tracking solutions, performance appraisal pricing is based on a "per user, per month" basis. So, business enterprises can expect to pay between $1 to $4, $4 to $10, and $10 upwards. Note that the package type is also a determining factor for performance appraisal tool pricing, as some packages have more features than others. The pricing of some performance appraisal appls like Performly Talent starts from $2 monthly per user, Small Improvements from $5 per user per year, and AssessTEAM costs $1 monthly per user.
- Onboarding Software Onboarding Tools are also priced on a "per user, per month" basis. Users can expect to pay between $1 and $12 upwards. However, these prices are mostly for entry-level prices found on vendor website; more robust packages may be slightly higher, depending on the number of users. For example, Boardon costs $50 per month for a bunch of active users, EmployeeConnect $6 monthly per user, and WISP pricing falls around $50 depending on company size.
- 360 Degree Feedback 360 Degree feedback products mostly have per month pricings. In this case, companies can expect to pay between $1 and $149 and above. Again, these prices depend on the number of features the vendor is offering. Examples are Click-360 costs between $7-$55 per report, SurveyLab $29 per month, and Bloomin costs $4 monthly per user.
- Payroll The pricing for payroll products is usually divided into three tiers and priced per user per month. Enterprises can expect to pay between $1 to $5, $5 to $12, and above $12 per user, per month and depending on the tier. For instance, Payroll Mate is priced around $120 per year ($15 per month) and Payment Evolution Payroll costs $22 monthly per user. Alternatively, some payroll products have a one-time payment; examples are Accounting Xpert costs around $1,500 for one user, and Brightpay pricing is around $300.
Auditor - Shlomi Lavi
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.