Paycor

Manage payroll, taxes, HR, and compliance efficiently.

Paycor Overview

Paycor is a business tax and workforce management software that helps companies streamline payroll, tax filing, and compliance while also supporting broader HR functions. It is designed to simplify complex processes such as benefits administration, employee scheduling, and workforce analytics.

With its user-friendly platform, Paycor enables businesses to save time, reduce errors, and improve overall efficiency, making it a practical solution for organizations of various sizes.

Key Features

  • Payroll Management : A dependable system that calculates wages automatically and guarantees employees receive accurate, on-time payments.
  • Tax Filing : A built-in solution that manages payroll taxes and prepares the required filings, keeping every business fully compliant with local and federal regulations.
  • HR Management : A single, organized space for employee records and HR workflows. It simplifies recordkeeping, reporting, and day-to-day team administration.
  • Onboarding Tools : A digital process that replaces paperwork with guided forms and checklists. New hires settle in faster and start contributing from day one.
  • Time and Attendance Tracking : A precise system that records hours and integrates directly with payroll. The result is accurate wage calculations and full visibility into work patterns.
  • Benefits Administration : A unified platform that manages healthcare, retirement plans, and other benefits in one place, reducing complexity for both employees and HR staff.
  • Workforce Analytics : Actionable data that reveals trends in performance, turnover, and labor costs. Leaders gain the insight needed to plan strategically and allocate resources effectively.
  • Employee Self-Service : A secure portal where staff can view pay stubs, schedules, and personal details anytime. The access fosters transparency and trust across the workforce.

Price

  • Paycor displays multiple plan tiers for small businesses: e.g., Basic, Essential, Complete, and HCM.

  • For companies with fewer than 50 employees, pricing is explicitly shown:

    • Basic: $99/month + $5 per employee/month

    • Essential: $149/month + $6 per employee/month

    • Complete: $199/month + $7 per employee/month

    • HCM (full suite): $199/month + $12 per employee/month

  • They also publish “overage fees” for each employee beyond plan limits: e.g., Basic plan unit rate $10 per extra employee, etc.

  • For mid-market (50-1000+ employees) and larger orgs, Paycor offers custom quotes rather than fixed public pricing.

Plan Tier (for <50 employees) Monthly Base Fee Per Employee Fee Notes
Basic ~$99 ~$5 Payroll & tax service, standard features.
Essential ~$149 ~$6 Adds onboarding, time-off tools, HR support.
Complete ~$199 ~$7 More advanced HR, analytics, compensation planning.
HCM (Full Suite) ~$199 ~$12 All modules: HR + payroll + talent + etc.

 

🧮 My Estimate & Notes

  • For a small business (say 10 employees), using the Basic plan would cost roughly: $99 + (10 × $5) = ~$149 per month.

  • If you include many features (Complete or HCM) and more employees, the per-employee cost of ~$7-$12 adds up quickly.

  • Setup or onboarding may include extra one-time fees (not always publicly listed). For example, a PDF proposal showed a client paying ~$4,450 for one time fees for 107 employees.

  • For larger companies (50+ or 100+ employees), the pricing becomes custom, so expect negotiations, possible volume discounts, etc.

Pros

Competitor Pros of Paycor 
ADP Workforce Now Paycor gives a smoother single‑platform feel and easier onboarding. It lets businesses run payroll and HR tasks together and offers on‑demand pay flexibility.
Gusto Paycor caters better to mid‑sized businesses and has stronger talent development tools. It supports flexible pay schedules and deeper HR functionality.
BambooHR Paycor adds payroll, tax, and compliance to BambooHR’s HR strength. It’s better for businesses that want an all-in-one platform.
Paylocity Paycor tends to be more user-friendly for smaller to mid-sized firms. It has easier time tracking and doesn’t require as many add-on purchases.

Cons

Competitor Cons of Paycor 
ADP Workforce Now ADP has deeper global capabilities and broader third‑party integrations.
Gusto Gusto’s pricing is transparent and generally more affordable. Paycor’s pricing isn’t public and can be more costly.
BambooHR BambooHR’s interface is simpler and more intuitive for purely HR tasks. Paycor can feel heavier for small businesses focused on core HR.
Paylocity Paylocity offers strong engagement tools like internal messaging and surveys. Paycor doesn’t focus as much on internal communication features.

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