Paylocity Payroll: Products, Reviews, and Features
Paylocity provides an all-in-one HR management and payroll software for companies of all sizes. Paylocity serves financial industries, healthcare, educational and non-profit organizations, and many more industries. It offers businesses a mobile version of its HRM and payroll products so they can run their operations on the go. Continue reading our full Paylocity review to know everything it has to offer.
The Better Business Bureau accredits Paylocity with an A+ rating, and customer reviews have praised their team for their tremendous support and care. Paylocity strives to build trust internationally with its clients, partners, and each other.
Paylocity provides its customers and developers an API library and documentation so they can build their own integrations and solutions. In addition, you can connect Paylocity with countless business systems and applications from its marketplace to get more functionalities.
One of Paylocity’s strong highlights is its modern workforce solutions, where it provides business owners the opportunity to curate an employee community and increase engagement. In addition, it offers a single source for announcements, group collaborations, and messaging to deepen engagement and improve productivity and satisfaction. You can offer your employees surveys to receive their feedback on any aspect of your business and recognize their hard work wherever they are.
Payroll Software Solutions
Paylocity’s payroll software will allow you to pull approved expenses automatically into your payroll system and add reimbursements to your employee’s next paycheck. In addition, your pay runs, tax filings, and payments can be automated without having to worry about compliance or legal issues. Paylocity is a Registered Reporting Agent with the IRS in all fifty states, and Puerto Rico, Virgin Islands, and Guam.
You can provide your employees with on-demand payment, a portion of their salary before their paydays. With early wage payments, your employees will remain satisfied and worry-free by ensuring their bill payments are always on time.
Paylocity also offers to handle your garnishments and deductions without any hassle to prevent you from making costly errors and saving you time. You can wage garnishment orders to Paylocity’s team of experts, and they will perform calculation validation against state and federal legislation and distribute payments by physical checks or electronic payments. You can also order interpretation, calculation, setup, and maintenance of historical deduction records, and they can execute documentation and correspondence to agencies, including employee termination.
You can also configure custom general ledgers, accruals, and complex reports with calculations for quick, actionable decision-making. Lastly, payroll’s data integration allows you to transfer 401(k) information, retirement plans, and benefit files to preferred vendors, automatically.
HR Software Solutions
Paylocity’s HR software solutions provide you with a compliance dashboard where you get updated with new laws and changing regulations. In addition, you can get quick access to work authorizations, EEO and FLSA compliance data, industry news, certifications, and more.
You are also gifted with a streamlined employee document management where you get a centralized view of documents across the employee lifecycle, so you stay organized, compliant, and secure. Moreover, the employee self-service portal provides your employees easy access to personal and company information in a single location.
Paylocity provides you with clear visibility of your employees’ positions with its position management tools. It allows you to configure new positions, predict vacancies, manage budget changes, track compensations, and maintain compliance.
Furthermore, you can build and automate workflows for actions such as checklists, changing an employee’s position, notifications, and much more.
Lastly, you can pull reports, analytics, and dashboards that provide real-time, visualized data to help you oversee key metrics, identify trends, and ultimately make smart data-driven decisions.
Paylocity offers modern benefits administration where it can automate up to 80% of benefits administration responsibilities. Enrollments are made easy with Paylocity, as it allows you to administer third-party benefits like FSAs, HSAs, TMAs, and COBRA so your employees can choose the plans and benefits they need. In addition, you can review and compare
Paylocity will help your workforce increase their productivity with automated time & attendance and time collection methods. You are provided with automated time-tracking and the option for your employees to clock in using their mobiles, web, or kiosks. In addition, time collection methods are packed with geofencing, which allows your employees to clock in only when they are on-premise.
You can also easily manage schedules by using templates, leveraging rules, and swiftly changing shifts or meeting times.
Paylocity has an extensive talent management system that will help you organize your workforce. It is packed with onboarding and recruiting tools, in addition to performance and compensation management, plus a learning management system.
Recruiting tools allow you to:
- Reach your target audience
- Communicate with candidates
- Perform background checks
- Increase employee retention
- Easily extend offers
- Customize processes
Onboarding tools allow you to digitally collect data such as tax forms, direct deposit information, emergency contact details, handbook acknowledgment, and much more. You can also give new hires a glimpse into your company with customizable company insights, which can include:
- Welcome notes from leaders
- New hire orientation
- Introductory videos
- Company culture information
- Procedure or policy data
- Team bios and profiles
Performance management allows you to create performance objectives, plus the ability to oversee and manage their goals, ratings, and appraisals from a single place with clear visibility. You can give your employees performance reviews depending on success factors that you can create and define. Finally, you can also give your employees full-scale feedback with a record of their tasks, goals, and accomplishments.
Moreover, with compensation management, you can automate compensation plans and manage your budget to ensure alignment with organizational goals. In addition, you can increase pay transparency and show your employees the full value of their compensation and benefits by seamlessly creating and sharing employee-facing statements.
Paylocity’s learning management system packs courses designed to train new skills, policies, products, and more. Employees can also use Paylocity’s mobile application to take their courses with them wherever they go. You can monitor an employee’s learning progress, set due dates, and design your own custom corporate training courses.
Paylocity does not advertise any plans or prices for any of their products, which means you will have to contact their sales team to get the price that suits your business the most. However, you can request a free demo version of their software to test out, which will later provide you with a plan tailored for you.
You can request the demo either on their website or by calling this number: 833.508.0746.
You can reach customer support by phone at 800.520.2687 or by visiting one of their office locations. Paylocity has office locations in:
- Oakland, Californa
- Schaumburg, Illinois
- New York
- Lake Mary, Florida
- Louisville, Kentucky
- Meridian, Idaho
- Springfield, New Jersey
Paylocity is one of the most comprehensive and inclusive payroll service providers that go beyond traditional services and offer the best HR and team management solutions. So you can provide your employees with the best experience, keep them satisfied, and ultimately increase their productivity.
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