“Nothing we do is more important than hiring people. At the end of the day, we bet on people and not strategies”, Lawrence Bossidy.
In the light of the above quote, which is essentially a fact for every organization today, we cannot forgo the benefits that employees truly deserve. As per a report conducted in 2018, 55% of the tech workers listed employee benefits as one of the prominent reasons to work for any organization. By offering employees the right benefits, you give your organization a chance to retain the best for a longer time.
Handling the various kinds of employee benefits and options on your own is not easy. Each organization needs a software that does it all. There are plenty of top-notch software that can help you manage payroll and employee benefits under one umbrella:
Payroll and Employee benefits are a critical part of HR activities. Paylocity comes handy as a great tool for monitoring, collecting and managing all this information in one place. Paylocity offers end-to-end payroll services, workforce management, talent management, employee benefits and employee engagement features under one roof.
ADP Workforce Now is a highly rated payroll and employee benefits software. ADP Workforce Now can be your one stop destination for the entire human capital management tasks that includes payroll, employee benefits, workforce management, talent retention including HR analytics capabilities.
With an entry level price of $45 per month, Gusto offers a sleek modern platform to help small and large businesses tackle the needs of their employees. Gusto is essentially a full-service payroll management system with added options for various team management tools including employee benefits.
As the name suggests, your monthly paycheck would look very easy with the help of Paychex Flex. It is named Flex because it is a flexible HR software for easy online payroll. The platform is exceptionally easy to use and the HR team will have more time to focus on team needs and support activities as well as talent retention.
Ceridian Dayforce is a unique online platform that caters to all the HR functions including payroll, employee benefits, talent management and workforce management. The entire HCM platform is built on a single platform that makes it easy for organizations to install and use especially for distributed HR teams.
Rippling is another incredible application that manages the company’s payroll, employee benefits, Human capital and IT at one place. This modern online system has the capacity to bring your entire employee systems at one place. The work is automated thereby making the day to day working of the organization easy and hassle free.
Irrespective of the size of your business, your business deserves to have a foolproof platform to manage the payroll, employee benefits and regulator compliance. While Justworks will handle these technical issues for you, you can focus more on building your business and nurture your employees.
Zenefits is another all-in-one SaaS based system that mitigates the burden off the HR team. Handling payroll, employee benefits, talent retention, the software will look after the entire lifecycle of an employee from hiring to retiring. With Zenefits, your HR team can definitely concentrate on their core HR functions.
GoCo can be simply defined as flexibility achieved at ease. From onboarding an employee to training, payroll, benefits administration and talent retention, this software will help the HR team do it all under one umbrella. It is a modern HRIS platform with built-in state of the art capabilities.
OnPay has tried to introduce new standards in the processing payroll, automate the tax and filings, keep a check on employee benefits all across, track and process leaves and more. The HRIS comes with a pro that helps you install the software and answer your initial queries.
A super modern human capital management software built with the main focus on payroll, employee benefits and other HR automation processes. The software is meant for small businesses, some of which are always struggling with hiring, employee boarding, training, payroll and other HR processes.
Papaya Global offers a global platform to solve payroll issues with a multi-currency feature. It is very helpful when you have a broad employee base and several employees working out of different locations. The payroll automation can be achieved in more than 100 countries.
A comprehensive payroll software helps organizations organize monthly needs and payments for the full-time, part-time and contract employees while an employee benefit software will help the business look after the various employee benefits packages and ensure that these benefits are in compliance with government regulations. The above-mentioned software offer a unified solution for payroll and employee benefits management.