Key Takeaways
- Paycor uses a simple pricing model with options to add payroll, HR, and talent management features.
- Its advanced tools help automate routine tasks, which reduces the amount of manual work needed.
- Modern organizations use these tools to speed up hiring, make compliance easier, and improve workforce management.
- Paycor is well-suited for managing complex labor needs, controlling overtime, and providing leaders with useful insights.
In This Guide...
What To Consider When Choosing Paycor
Choosing The Right Paycor Plan
Overview Of Paycor
Paycor is a reliable platform for payroll, HR, and workforce management, designed for small and medium-sized companies. It helps manage the entire employee lifecycle, from hiring to retirement. The platform uses AI automation, flexible modules, and detailed analytics, making it suitable for businesses with multiple locations. Paycor's system also simplifies tax processes, including Affordable Care Act (ACA) reporting and federal payroll tax credits.
What Is Paycor?
Paycor is a cloud-based Human Resources system that helps businesses manage their HR tasks more efficiently. It brings all HR operations together in one place. The system includes automation features and organized compliance workflows to support human resources services. It also has a built-in ACA reporting feature and automatically alerts users to compliance updates, helping to reduce compliance risks in real time.
Paycor Features
The program aims to improve all areas of HR operations. It helps ensure compliance with regulations, manage labor costs accurately, and process payroll without errors. With advanced tools, the software offers a wide range of features that make it unique in the market.
Analytics And Reporting
Paycor is known for its helpful analytics tools. These tools offer visual dashboards, compliance analytics, workforce insights, and departmental reports. With these analytics, HR teams can monitor payroll differences and identify trends in labor allocation, budget usage, and overall performance. This information helps them make more informed decisions about scheduling and resource allocation.
AI-Powered Automation
Paycor's integration platform is an intelligent Human Capital Management (HCM) tool. It automates routine tasks, reducing the administrative workload, including checking attendance and managing documents. Its AI features help identify errors, highlight compliance issues, and improve process efficiency in HR. Paycor's HR software gives teams the support they need, minimizing the risk of payroll and compliance errors.
Recruiting And Onboarding
Paycor's workforce management solutions help quickly fill open positions. The recruitment platform automates tasks like sourcing candidates, scoring resumes, ranking applicants, and setting up interviews. Then, the HR software provides tools for offering forms, assigning tasks based on roles, checking compliance, and storing documents securely. Paycor's integration platform also makes it easy to transfer data from hiring to payroll without needing extra manual work.
Performance Management
Paycor's talent management system helps leaders assess employees fairly and without bias by providing useful data insights. It offers features like 360-degree feedback management, annual planning, automated reminders, and dashboards for leaders. The career management software also includes automated reminders and competency mapping, which support employee growth. This way, teams can set goals, align skills, and review their performance across different departments.
Time Tracking And Payroll
Paycor offers advanced time tracking capabilities, including custom work guidelines, geofenced punching, and biometric clock compatibility. The automated payroll software handles multi-location tax calculations, garnishment management, wage adjustments, and direct deposits. Additionally, developer tools simplify compliance management and ensure accuracy while supporting payroll business tax credits.
Benefits Administration
Paycor's payroll software tools also streamline benefits enrollment with modern capabilities, such as plan comparisons, automated eligibility updates, and deduction previews to ensure that no critical benefit details are missed.
Paycor Pricing Structure
Paycor uses a subscription pricing model. This includes a base fee and a charge for each employee per month (PEPM). The cost depends on the number of employees, the modules selected, and the integration needs.
Plan Type |
Pricing Per Employee Per Month Fee |
Key Features |
Best For |
Basic |
Custom quote |
|
Small teams |
Essential |
Custom quote |
|
Growing businesses |
Core |
Custom quote |
|
Businesses looking for extensive HR capabilities |
Complete |
Custom quote |
|
Businesses needing a full HCM suite |
- Paycor does not list its prices on the official website. However, the base monthly fee depends on the selected plan and the number of employees.
- The website does not list the PEPM fee. The amount typically varies depending on the preferred payroll software features and processing frequency.
- The Basic and Essential plans are suitable for small teams and growing businesses. In contrast, the Core and Complete plans are more ideal for companies seeking extensive HR capabilities and enterprises requiring a comprehensive HCM suite.
- The setup costs depend on the implementation process and the complexity of the data.
- Longer commitments and wider contract options typically result in lower overall costs.
The Strengths Of Paycor
Paycor stands out for its data accuracy, automation capabilities, and compliance support. Here's what makes Paycor a unique payroll software:
- Paycor offers top talent management tools.
- Its Applicant Tracking System (ATS) has AI sourcing, custom workflows, and recruiting dashboards.
- It provides advanced performance tools, including career planning, goal tracking, and pulse surveys.
- The system includes strong scheduling and timekeeping features, especially for industries with hourly workforces.
- If customers hire a third-party firm to help with implementation, they may get a fee waiver or a significant discount on implementation costs.
What To Consider When Choosing Paycor
Before using Paycor for your HR activities, keep these important points in mind:
- Some features may be too advanced for smaller businesses.
- Be sure to include extra costs for analytics, performance, and recruiting when planning your budget.
- Paycor works well with many third-party systems through its integration platform.
- If you have an enterprise account, the onboarding process may take longer.
Choosing The Right Paycor Plan
When deciding on the best Paycor plan, keep in mind these factors:
- Determine your HR goals. Do you want to achieve compliance control, payroll efficiency, recruitment optimization, or automate routine tasks?
- If you need compliance, Paycor's AI and automation tools can simplify compliance management.
- Companies that hire a lot of people can use talent modules to fill open positions more easily.
- For businesses where managers oversee several teams, talent management features can help make processes more efficient.
What Affects Paycor Pricing?
Key factors that determine Paycor pricing include:
- Employee strength.
- Necessary modules.
- Compliance challenges.
- Support level.
- Integration setup.
- Training requirements.
References:
Paycor Pricing Guide 2025: Plans, Features, and Hidden Costs Explained
FAQs About Paycor Pricing
Paycor does not show its prices on the website. The fees depend on the plan you choose, the number of employees, and the payroll features you want.
Paycor is perfect for growing businesses, multi-location chains, and any company that needs better human capital management features.
Paycor does not provide a free trial. Instead, you can access guided demos and pilot experiences to evaluate their services.
Popular support options, including chat, phone, ticketing, and dedicated account managers, are available.
Paycor is available with payroll-only plans that come with tax filing features and compliance tools.