Paycor HR Review - why 3.3 stars?

Shlomi Lavi / updated: May 06, 2022

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What is Paycor HR?

Paycor HR Management is a cloud-based payroll management solution as well as a human resource management solution that is provided as a suite with it containing a talent tracking system. The solution can be perfectly used by both individuals as well as by companies that are in various industries such as finance, marketing, and insurance among others.

With the software, payment is centralized and the work is reduced due to direct deposit features that are available. The main features include direct deposit, payroll reporting, and vacation tracking among others.

Paycor HR Management is a software product that has been designed, developed, distributed, and maintained by a company known as Paycor. The company is located in the united states and was started in the year 1990.

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Who is it best for?

The software is a viable solution for businesses of all sizes and a wide range of types. It can be used in such major industries and domains as retail and wholesale, healthcare and hospitality, education, automation and manufacturing, and others. Some notable clients of the software include Churchill Downs, Tampa Lowry Park Zoo, and others.

Main features and functionalities

The software offers self-service portal to empower employees and managers to maintain their personal and team information from anywhere. It eliminates paper enrollment and offers online open enrollment. Benefit enrollment changes can be seamlessly transmitted in the HR application. The software also offers over 75 standard reports for management of critical HR information.

Paycor HR Management allows customization of standard reports in addition to creation of new customized reports. Other important capabilities of the software include benefits administration, workflow management, applicant tracking, employee communication, performance appraisal, compliance management, employee database, compensation management, attendance management, and others.

What is the actual cost?

Paycor HR Management pricing is based on four subscription plans, namely Basic, Essential, HCM, and Complete. No free trials or versions are available. Paycor Basic pricing starts at $99/month, plus $5/employee/month, and it offers automated onboarding, payroll, and tax service. Paycor Essential pricing starts at $149/month, plus $6/employee/month, and offers all Basic plan features plus time off requests and PTO tracking.

Paycor Complete pricing starts at $199/month plus $7/employee/month and offers all features of the Essential plan plus scheduled reports and payroll analytics. Paycor HCM pricing starts at $199/month, plus $12/employee/month, and it offers all features of the Complete plan plus automated workflows and employee recognition.

ITQlick pricing score is 4.2 out of 10 (10 is most expensive). Access ITQlick pricing guide for Paycor HR. You can also find here pricing information from Paycor HR's website.

Pros

• Paycor HRM has a friendly user interface and is easy to use
• The HR platform has excellent security tools to protect sensitive data
• Paycor HRM supports employee self-service

Cons

• Occasionally, the Paycor HRM platform slows or crashes
• The platform is somewhat pricey compared to its top alternatives

How it stacks up?

Access a head to head analysis of Paycor HR vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is Paycor HR right for you or your business?

Paycor HRM is a cloud-based payroll and HR solution built for businesses of all sizes. The platform serves clients in retail, hospitality, healthcare, and manufacturing, and some clients that use Paycor HRM include Peerless Products, Capital III, and SimpleNexus.