BambooHR is a whole human useful resource answer utilized by greater than 23,500 corporations globally. The platform is in style amongst small and mid-sized corporations. It differentiates itself from distributors like Gusto, Rippling, Papaya International, OnPay and others by specializing in superior HR options and payroll and compliance.

Based in 2008, the cloud-based software program helps HR managers with all facets of the worker lifecycle, from recruitment to onboarding, efficiency studies, time monitoring and advantages. BambooHR shouldn’t be designed for corporations that wish to outsource their total HR departments.

Would you like a completely outsourced HR answer? Take a look at the greatest PEO corporations for 2023 to study extra about alternate options to BambooHR. Our high PEO suggestion is Justworks, a PEO for U.S.-based corporations that compares favorably to BambooHR.

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BambooHR quick info

Pricing: Accessible upon request.

Key options:

• Superior HR lifecycle instruments: From rent to onboarding to efficiency.
• Limitless payroll runs, together with advantages and tax submitting.
• Constructed-in time and attendance.
• Cell app for workers.
• HR and payroll studies to extend visibility and data-driven decision-making.

Pricing

BambooHR doesn’t share its value on its web site. corporations should contact account executives to get a free value quote. The platform has been very profitable with small and medium corporations, so pricing may be thought of accessible.

Companies with 20 or fewer workers are charged a month-to-month flat charge, whereas those that make use of 20 or extra individuals can entry the software program at a value per-employee per 30 days foundation. BambooHR doesn’t require an annual contract and applies reductions for corporations scaling and hiring new staff.

The answer is accessible below two plans, Necessities and Benefit. The beginning plan affords primary HR options, whereas Benefit provides a number of extra superior HR instruments. Moreover, customers can entry optionally available add-ons akin to payroll, advantages administration, efficiency administration and others. BambooHR affords a free trial with restricted options, totally useful for 30 days.

BambooHR’s key options

BambooHR options are centralized below a single platform to combine siloed techniques, separate sources of information and disconnected workflows. Firms use the cloud platform to modernize and enhance HR groups’ efficiency.

All BambooHR options may be divided into 4 most important classes: HR knowledge and reporting, hiring and onboarding, payroll, time and advantages, worker expertise and efficiency.

HR knowledge and reporting

Firms use these options to securely and effectively retailer all worker knowledge in a single database. The principle advantages of this know-how embrace knowledge safety and privateness, visibility and automatic reporting.

The options enable corporations to trace and report on delicate worker knowledge. On the identical time, its automated know-how leverages over 49 built-in studies, which can be utilized to realize insights and make efficiency adjustments all through the group. The central database can be accessible for HR groups and workers by the Bamboo cell App, growing accessibility and staff’ expertise.

Hiring and onboarding

One of many best strengths of BambooHR is its fashionable options, that are designed to enhance the expertise of candidates and new hires. These enable corporations to draw, rent seamlessly and retain expertise.

Options just like the applicant monitoring system allow companies to speak successfully with candidates all through the hiring and onboarding course of. Automated notifications preserve candidates and HR groups knowledgeable and up to date, whereas added permissions enable others within the firm to evaluate new candidates. The complete system is automated to maintain the method transferring ahead, with digital paperwork offering fast signatures.

Equally, the platform manages a contemporary expertise for brand spanking new hires and onboarding and offboarding. Firms have discovered these options useful to construct hybrid and distant groups and to take care of spikes in recruiting and scaling again.

Payroll, time and advantages

The payroll, time and advantages options make BambooHR an integral answer that goes past strictly HR companies. With these options, groups can visualize worker payroll and advantages in a single dashboard. Moreover, they will handle time-off and time-track staff whereas stopping double-entry and errors, in addition to dashing up guide approval processes.

Firms use these options to streamline the time-consuming course of, manually coming into knowledge and automating taxes.

The platform affords each nationwide and worldwide payroll (by integrations).

The U.S. payroll answer offers:

• A simple, three-step course of.
• Federal and state tax submitting.
• Distinctive buyer assist.
• A single supply of information.

Utilizing BambooHR, groups can run studies at any time to extend visibility and make knowledgeable selections. Companies that want world payrolls can use Blue Marble or CloudPay, which combine with BambooHR.

Worker expertise and efficiency

These options are one other ingredient that units BambooHR aside from its opponents. They’re used to construct fashionable, two-way communication channels between HR and workers, monitor efficiency and provide wellbeing applications.

Options embrace:

• Worker satisfaction with eNPS: Suggestions and sentiment instruments constructed into BambooHR to develop communications and take motion, whereas bettering efficiency and constructing tradition and worker expertise. Surveys are used to create scores with in-depth analytics.
• Efficiency administration: Companies can handle their staff´ objectives and efficiency, setting milestones and doing assessments to assist workers.
• Worker wellbeing: Surveys enable corporations to examine in with their staff and measure happiness, wellness, work-life steadiness, engagement and work well being.

Execs

• Platform totally devoted to offering all fashionable HR instruments an organization wants for its HR division.
• Can run nationwide and worldwide payrolls.
• Manages tax and compliance.
• Preferrred for constructing firm tradition.
• Helps companies appeal to and retain expertise.
• Seamless hiring, onboarding and offboarding.
• Wonderful visibility and report technology capability.
• Breaks siloes.
• Permits corporations to grow to be data-driven.
• Cell and net cloud functions for each the corporate and its staff.
• Clear and simple to make use of.
• Can synchronize, monitor and handle worker time, schedules, day without work, working hours and extra.

Cons

• Worth not disclosed on the web site.
• International payroll is just accessible by integrations.
• Not suited to corporations trying to outsource the whole thing of their HR departments.
• No 24/7 assist.

BambooHR alternate options

Whereas BambooHR is a strong HR answer that features payroll and compliance, it might not be the very best match for what you are promoting in some cases. In case you are trying to outsource your HR division fully, or should you function internationally and wish to satisfy compliance in numerous nations, you may be higher off trying into BambooHR´s opponents, akin to Justworks, Gusto, Rippling or Papaya International.

Justworks

In distinction to BambooHR, which is an in-house software program answer for small companies, Justworks is a completely outsourced PEO answer. It has two plans, one which focuses on payroll, hiring, onboarding and different worker administration options, and one which provides worker advantages administration. Not like nearly all of PEOs, Justworks lists its clear pricing upfront: Plans begin at $59 per worker per 30 days.

Learn our full Justworks evaluate to study extra.

Gusto

Gusto is thought for being a really budget-friendly PEO answer and contains all of the HR options that BambooHR has. Whereas it lacks superior HR functionalities, its strengths in payroll, tax and advantages, sided with a really user-friendly interface, make it a stable choice.

Learn our full Gusto evaluate to study extra.

Rippling

Rippling is an all-in-one platform that mixes payroll, advantages, HR, IT and compliance. The platform is designed to automate and streamline the executive duties of managing a workforce. Rippling is extra complete than BambooHR and might combine with over 500 apps. Nonetheless, it might be extra advanced and costly than BambooHR and affords a special degree of buyer assist.

Learn our full Rippling evaluate to study extra.

Papaya International

Should you run worldwide operations with strict world compliance and payroll calls for, it’s best to look into Papaya International. The platform is a worldwide payroll and workforce administration answer that helps corporations rent and pay workers throughout 140 nations. Papaya International is extra versatile and scalable than BambooHR and might deal with a number of currencies and languages. Nonetheless, it doesn’t provide superior HR options like BambooHR does, akin to worker self-service and HR reporting.

Learn our full Papaya International evaluate to study extra.

Evaluation methodology

To jot down our evaluate and consider BambooHR’s options, we checked out websites that compile mixture knowledge primarily based on verified person opinions, akin to Trustpilot, Gartner Magic Quadrant, Gartner Peer Insights and others. We additionally reviewed demos on vendor websites, test-drove the software program when attainable and scoured by the official websites of every vendor to judge its options, customer support, user-friendliness, value and scalability.

SEE: The best way to Select Payroll Software program