In today’s fast-paced business landscape, companies are constantly looking for ways to effectively manage their human resources without breaking the bank. That’s where cheap HR software comes into play. In this article, we will take a closer look at what HR software is, why you should invest in it, and some of the best options that won’t break your budget.
What is HR software?
HR software is designed to simplify and automate various HR tasks such as payroll management, employee performance tracking, benefits administration, time tracking, and more. It provides HR teams with tools to manage employee information, monitor performance, and stay compliant with legal requirements.
Why invest in HR software?
Implementing HR software brings many benefits to businesses. First and foremost, it helps streamline HR processes, allowing HR teams to focus on more strategic tasks. With the help of HR software, companies can save time and reduce errors associated with manual data entry.
HR software also helps businesses stay compliant with employment laws and regulations. It helps organizations keep track of employee records, contracts, and compensation, reducing the risk of non-compliance and legal issues.
Moreover, HR software allows businesses to make data-driven decisions. By providing real-time insights into employee performance, managers can identify areas of improvement and make informed decisions about promotions, training, and bonuses.
Best cheap HR software options
Gusto is an affordable HR software solution that offers payroll, benefits, and compliance features. It’s known for its user-friendly interface, excellent customer service, and easy integration with other systems.
With Gusto, you can run unlimited payrolls, automatically calculate taxes, and manage health insurance, 401(k), and HSA accounts. It also provides employees with access to their personal information, pay stubs, and tax forms via the Gusto mobile app.
Pricing starts at $6 per person per month for the Core plan, which includes payroll and employee self-service. The Complete plan adds HR features such as time tracking and document storage, starting at $12 per person per month.
2. Zoho People
Zoho People is a cloud-based HR software that covers most of your HR needs, including time and attendance tracking, performance management, and benefits administration. It’s a scalable solution suitable for businesses of all sizes.
Zoho People offers several modules that can be customized to fit your business needs. You can manage employee profiles, leave requests, and timesheets, as well as create custom workflows and reports.
Pricing starts at $0 for up to five employees with the free plan. Paid plans start at $0.83 per employee per month for the Essential plan, which includes time tracking and absence management. The Professional plan adds performance management and training management, starting at $1.66 per employee per month.
Zenefits is an all-in-one HR platform that offers payroll, benefits, compliance, and HR management features. It’s a popular choice for startups and small businesses due to its affordable pricing and ease of use.
Zenefits allows you to manage employee information, onboard new hires, track time and attendance, and run payroll within one system. It also provides an employee self-service portal where employees can access their pay stubs, benefits information, and time-off requests.
Pricing starts at $8 per employee per month for the Essentials plan, which includes HR management and compliance features. The Growth plan adds payroll and benefits administration, starting at $14 per employee per month.
Investing in cheap HR software is a smart move for businesses looking to streamline HR processes, stay compliant with regulations, and make data-driven decisions. Whether you’re a startup or a large corporation, there are plenty of affordable options available that can meet your HR needs without blowing your budget. Hopefully, this article has given you some insights into the best cheap HR software options available.