Top 54 Workforce Management Software (Jun 2024)

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Shlomi LaviShlomi Lavi / updated: Jun 06, 2024

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Workforce Management Buyer's Guide

Overview

Human Resources (HR) software is a category of software solutions designed to streamline and automate the management of various HR functions within an organization. These software tools help businesses manage their workforce more efficiently, from recruiting and onboarding to performance management and payroll processing.

Why Businesses Need It

HR software is essential for businesses of all sizes to effectively manage their human capital, ensure compliance with labor laws, and improve overall productivity. By automating repetitive tasks and centralizing employee data, HR software enables HR professionals to focus on strategic initiatives that contribute to the organizations success.

Main Features

Some of the main features of HR software include applicant tracking, onboarding, performance management, time and attendance tracking, payroll processing, benefits administration, compliance management, and employee self-service portals.

Main Business Processes HR Software Can Help With

HR software can assist with various business processes, such as recruitment and hiring, employee training and development, performance evaluation, compensation management, benefits administration, compliance with labor laws, and workforce planning.

Steps on How to Buy HR Software

1. Identify your business needs and goals 2. Research different HR software solutions available in the market 3. Request demos and free trials from potential vendors 4. Evaluate the software based on features, ease of use, scalability, and cost 5. Check for customer reviews and testimonials 6. Consider integration capabilities with existing systems 7. Negotiate pricing and contract terms 8. Implement the chosen HR software and provide training to users 9. Monitor the softwares performance and gather feedback for continuous improvement

Things to Consider

When buying HR software, consider factors such as the size of your organization, budget constraints, required features, scalability, user-friendliness, customer support, data security measures, and compliance with industry regulations.

Popular Vendors and Market Share

Some of the most popular HR software vendors include: - ADP - Workday - SAP SuccessFactors - Oracle HCM Cloud - BambooHR - Paychex These vendors collectively hold a significant market share in the HR software industry, with ADP and Workday being among the top players.

Trends and Future of HR Software

Some of the emerging trends in HR software include the adoption of artificial intelligence for recruitment and employee engagement, the rise of mobile HR apps for remote workforce management, the focus on employee wellness and mental health, and the integration of analytics for data-driven decision-making in HR processes.

10 Questions to Ask HR Software Vendors During a Demo

1. How does your software streamline the recruitment process? 2. Can the software automate onboarding tasks for new hires? 3. What performance management tools are included in the software? 4. How does the software handle time and attendance tracking? 5. What payroll processing features does the software offer? 6. Is benefits administration integrated into the software? 7. How does the software ensure compliance with labor laws? 8. What self-service capabilities are available for employees? 9. How does the software support workforce planning and analytics? 10. What customer support options are provided to users?

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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.

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