An Expert Review of Paycor's HRIS - 2021

Listed in our research about the Best HRIS Systems

Author Phil Strazzulla, HR Tech Expert, Harvard MBA, Finance and Software Nerd
Phil Strazzulla: HR Tech Expert, Harvard MBA, Finance and Software Nerd
December 3, 2021
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Paycor is a robust and data-centric HR software for leaders at US-based companies that want their teams to save time with HR transactional tasks.

What's Inside

Paycor Review

Aside from having payroll, employee experience, recruiting, benefits, and performance management, Paycor stands out from most HR software vendors for having some of the most potent HR analytics out there. They provide a custom company dashboard that leaders can build out as they please, choosing from literally hundreds of reports such as headcount trends by employment time, projected headcount, and voluntary turnover by tenure, just to mention a few.  

Further, some of their reports use secondary pools of data in order to provide benchmark analysis in real time. This effectively helps executives and HR leaders alike better understand their workforce and how their efforts stack up in comparison to similar companies.

Paycor Customers

Wendy’s, McDonald’s, Detroit Zoo, The Cincinnati Reds, The YMCA

Paycor Stats

  • Founded in 1990
  • Used by over 40,000 businesses
  • Over 2000 employees

Paycor Resources

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Key Paycor Features

  • Payroll
  • Recruiting 
  • Onboarding 
  • Talent development
  • Compensation planning
  • Time and attendance tracking
  • Scheduling 
  • Pulse surveys
  • Learning management 
  • Career management 
  • Benefits administration
  • ACA compliance management
  • Analytics

Paycor Implementation

A new customer implementing Paycor would typically go through their Guide Elite process, which entails a higher level of interaction and hand-holding than you would expect from their competitors. 

Their philosophy is to let the client decide when the implementation is finished and things can be handed to the service team. While times vary depending on company size and bundles purchased, the average tends to be between 8 and 12 weeks.

Paycor Customer Success

Both during and after implementation, Paycor has a good variety of resources put in place for clients. These include perks like a portfolio manager, a change management toolkit, ongoing support, post go-live training, and a team of subject matter experts.

Paycor Key Integrations

Paycor integrates with many 401(k) providers and other benefits carriers. Since payroll is a core part of their offering, they want deductions to happen without any manual effort whatsoever. 

For other sorts of integrations, they have an API and extensive documentation. In case you need their help with something custom, their professional services organization can help with that at an additional charge.

What to be aware of

Paycor acquired 7Geese, a performance management software vendor, in the fall of 2020. This allows them to offer a best-in-class performance management solution for companies that want to integrate OKRs, 1:1s and other employee experience best practices.

Paycor Pricing

The pricing of Paycor’s plans isn’t disclosed upfront. Contact a sales representative to get a custom quote.

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» Save Money: Check out our resource on how to save money when buying HR tools

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