Home > Talent Management Systems > Paylocity > Paylocity vs Workday Talent Management

Paylocity vs Workday Talent Management

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Our analysts compared Paylocity vs Workday Talent Management based on data from our 400+ point analysis of Talent Management Systems, user reviews and our own crowdsourced data from our free software selection platform.

Overview Pricing Benefits & Features Analyst Ratings Comparison Charts User Ratings Analyst Summary Screenshots
Paylocity Software Tool
Workday Talent Management Software Tool
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Product Basics

Analyst Rating

85 Detailed Analysis

User Sentiment

Great User Sentiment (5068 Reviews)

Analyst Rating

95 Detailed Analysis

User Sentiment

Great User Sentiment (2053 Reviews)
Paylocity is an all-in-one cloud payroll solution that enables organizations of every size to execute administrative tasks such as talent acquisition, time and labor management, and other core processes. Its functionality includes multiple configuration options that allow companies to customize according to their needs.

It contains robust security measures such as encryption, real-time backups and secure data centers. It also has a user-friendly mobile app that is compatible with both iOS and Android devices.
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Workday is an HCM and talent management solution. It has a wide range of capabilities including accounting, auditing, finance, HR and workforce management and serves mainly medium and large enterprise clients. Users have access to tools that help with analyzing data, creating equitable hiring practices, hiring, skill-building, performance reviews, recruiting, succession planning and more. It also supports an e-learning element to build competency development right into the preexisting workflow. Overall, it serves around 7,700 customers globally, including acquisitions.
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$19/Employee, Monthly
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$99/User, Monthly
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Product Assistance

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Product Insights

  • Streamlined Talent Acquisition: The software is equipped with capabilities that make the recruiting process more manageable. Users can automate tasks, create custom workflows for hiring, post jobs internally, configure applications and post jobs. 
  • Simplified Onboarding: The portal centralizes information to create a simplified process for new hires. It can be configured to gather necessary employee details such as contact info, withholding forms and an employee handbook with e-signature functionality. 
  • Competent Employees: The platform facilitates easy-to-understand training that equips employees with critical skills, regardless of the initial skill set or position. The built-in LMS suite offers multiple methods and formats that fit the user’s preferred learning style. 
  • Compliance Peace of Mind: The software can train users on compliance topics and assess them on a regular basis. It also aggregates news and industry trends into a feed to keep users updated on compliance laws. 
  • Automatic Notifications: Users can easily stay informed with push notifications that automatically send updates about new hires, changes, time off approvals and terminations. 
  • Employee Engagement: The platform offers engagement tools that promote community interactions, gather feedback and support peer recognition. This boosts engagement within teams and across departments, as well as improves productivity. 
  • Administrative Add-Ons: Services like FSAs, HSAs, TMAs and COBRA supplement standard plans with complementary programs, giving employees a wide choice of benefits to meet their specific needs. 
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  • Better Career Building: Employees experience greater investment from employers and get the chance to seek out opportunities. This includes mentorships, extra projects, and strengthening connections to ensure each worker is living their best life.
  • More Complete Workforce: Ensures there are no gaps in competencies or long lapses during turnover or vacancies created by promotion. The strong recruiting tools make it easy to screen, seek out, interview, hire and onboard candidates. Comprehensive skill analysis shows where the company needs more specialized talent.
  • Increased Collaboration: Provides an open line of communication for workers with a feedback tool and regular check-ins. This lets users improve and get into the habit of thinking critically and helping their peers.
  • Saves Time and Money: Eliminates multiple integration fixes by combining compensation, learning, recruiting, talent management and workforce management. It allows staff to align personal goals with business-wide and gives them visibility into where their strengths and weaknesses lie.
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  • Payroll: Companies can simplify multiple financial tasks related to payroll with this feature. It automates payroll processes and takes care of tax compliance, expense reimbursements into paychecks, garnishment services and custom reports that derive whatever data that’s needed. It provides employees with the flexibility to access a portion of their earned wages when needed. 
  • Workforce Management: This feature helps eliminate the need for manual tracking of tasks, reduces administrative work and maintains accurate records of individual employees. The review forms can be customized to promote employees to set goals via an insight chart. 
  • Employee Self-Service: The software provides users with admin analytics, 24/7 secure access, enrollment and insurance access, and internal plans. This feature helps employees and employers to access, update, enroll and administer data respectively. 
  • Time and Labor Management: Workers can clock in and out via the mobile app, and managers can set geofencing rules that ensure accurate clock-punching. It also syncs with payroll automatically and allows managers to create and adjust schedules as needed, without manually correcting payroll data. 
  • Data Insights: The platform allows users to access demographic information, utilization, headcount, labor costs, position insights, turnover and retention. It also features real-time employee data, analytics for employment trends, strategic hiring and budgeting decisions, and programs to build a diverse workforce. 
  • Reports: The system comes with over 100 standard reports along with an ad hoc reporting tool. Users can schedule reports to automatically generate and track key reports with a favorites feature. 
  • Compensation Management: With this feature, administrators can configure settings such as the approval process and eligibility requirements. It also supports the customization of compensation plans to match organizational pay cycles. Company leaders gain a view into budgets and allocations, while managers can provide increases and view employee data like performance and pay history.  
  • Marketplace Integrations: Organizations can extend Paylocity’s capabilities to streamline the payroll regularity and HR data management across all policies. The solution connects with partner solutions in 20 categories, including single sign-on (SSO), ERP and a variety of HR-related functions. More than 300 integrations are available in the vendor marketplace. Data can flow into or out of Paylocity, or in both directions, depending on the integration. 
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  • Talent Management and Skill Development: Grants a greater understanding of skill gaps and development to aid in recruiting and staffing. Helps elucidate and aid in talent management with calibration, candidate profiles, continuous feedback, embedded reporting, goal management, professional developments, reviews, surveys, and more. In addition to examining external candidates, it provides a breakdown in competencies to understand how to best utilize current staff.
  • Recruiting and Talent Acquisition: Manages the employee life cycle from start to finish. It has tools for job creation, recruiting and onboarding to guide employees through the entire process. The platform provides communication for the hiring team, high-volume efficiency, proactive talent sourcing, management for interviews, security and compliance and a space where users can see job openings and applicants. Furthermore, it builds a staffing pipeline and automates workflow to make the process much easier. A recruiting hub allows people to see candidates, assessment, tasks and referral candidates. Overall, it helps create an efficient hiring process for the whole company.
  • Integrations: Integrates with Google, Microsoft Teams, Outlook and Slack.
  • Professional Development: Provides professional reviews and development. Managers can make decisions based on skill sets. Employees can ensure their personal goals are aligned with broader company objectives. Some of its elements include career planning, goal management, internal mobility, performance enhancement and visibility with talent.
  • Customization: Comes with multiple personalization options for teams that have special needs or a more complex workflow.
  • E-Learning: Learners get access to rich, interactive content to help with competency development and engagement within the flow of a day’s work. Content is curated for individuals and personalized for better engagement. It’s within the program, so users don’t have to navigate a complicated system to access it. Leaders can create learning campaigns to fill skill-gaps and encourage career development and see how it impacts training. It also lets users create course catalogs and learning plans, store content and stream content.
  • Assessments: Hosts interactive video with multiple-choice questions and text answers to users so they can remember what they’re learning. It comes with accessibility elements by transcribing videos, in-video search and more.
  • Diversity: Enables policies to ensure equity across demographics and aims to make everyone feel welcome in the workplace. It measures hiring and promotions and assigns scores on an index so leadership can have a frank analysis of how diversity plays into the organization and where they can improve. Users can also create opportunities to increase equity, develop a more varied background of leaders, put plans into action, measure the effectiveness, remove bias from hiring and create a company culture that appreciates the unique strengths of people from all walks of life.
  • Reporting and Analytics: Centralizes all data including benchmarks, budgets, finance and workforce calculations, planning data, legacy app analysis, third-party app information, plans and more. Teams can examine and pull reports with the Discovery Boards feature and use augmented analytics to get at answering the tough questions. The platform helps with this analysis with features such as graph processing, machine learning and pattern detection.
  • Other Services: In addition to talent management, the solution also offers accounting, auditing, automation for professional services, cash and asset management, enterprise planning, enterprise planning, spending management, payroll, product extensions and workforce management.
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Product Ranking

#10

among all
Talent Management Systems

#2

among all
Talent Management Systems

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Analyst Rating Summary

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AI-based Capabilities
Employee Communication
Performance Management
Succession Planning
Recruitment and Applicant Tracking
AI-based Capabilities
Learning Management
Onboarding
Performance Management
Platform Capabilities

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Paylocity
Workday Talent Management
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AI-based Capabilities Compensation Management Dashboard And Reporting Employee Communication Learning Management Mobile Capabilities Onboarding Performance Management Recruitment And Applicant Tracking Succession Planning 100 30 0 100 86 0 83 100 87 89 100 70 0 75 100 0 100 100 94 100 0 25 50 75 100
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User Sentiment Summary

Great User Sentiment 5068 reviews
Great User Sentiment 2053 reviews
84%
of users recommend this product

Paylocity has a 'great' User Satisfaction Rating of 84% when considering 5068 user reviews from 5 recognized software review sites.

83%
of users recommend this product

Workday Talent Management has a 'great' User Satisfaction Rating of 83% when considering 2053 user reviews from 5 recognized software review sites.

4.6 (21)
4.8 (14)
4.5 (2500)
4.0 (1032)
4.5 (825)
4.4 (671)
4.4 (245)
4.7 (7)
3.5 (1477)
4.1 (329)

Awards

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SelectHub research analysts have evaluated Workday Talent Management and concluded it earns best-in-class honors for Platform Capabilities.

Platform Capabilities Award

Synopsis of User Ratings and Reviews

User-Friendly Interface: 60% of users suggested that the interface is user-friendly, with automated payroll and simplified workflows that make it easy to operate and monitor teams.
Unified Dashboard: Paylocity enables HRIS, payroll, timekeeping and admin-related tasks to be handled from a single location, according to 60% of users.
Performance Benefits: It eases task management for essential activities such as checking time off balances and paychecks, conducting goal assessments and achievements, performing year-end reviews, and more.
Easy PTO: It’s easy to use and implement in a day-to-day work routine, with 30% of users mentioning they can check staff availability before approving leaves.
Streamlined Onboarding: The onboarding process checks in candidates and sends paperwork before they start, making it 10%-20% easier for admin setup and paperwork completion according to users.
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Customer Service: Over 90% of users who mentioned the support said the customer service was friendly, efficient and exceedingly helpful.
Good Functionality: Users were happy with the features in over 90% of reviews that mentioned them.
PTO/Leave Management: More than 90% of all users who discussed the leave management aspect were pleased with the feature.
Price: Reviewers felt that it was appropriately priced in over 80% of the reviews that mentioned it.
Integration: Over 80% of users who discussed integration felt it had excellent interoperability.
Recruiting: Users who discussed the recruiting features were satisfied in over 70% of reviews that covered it.
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Support Team: Paylocity's support process is lengthy according to 30% of users, requiring a lot of back and forth to get an issue resolved, which usually takes days.
Cumbersome Payroll: The payroll module requires set up by different people and doesn’t function accurately according to 10% of users.
Timesheets: Tracking time is difficult, as Paylocity doesn’t update and capture time entries until a shift is completed.
System Logouts: Despite automation, additional verification is required when logging in, causing 10% of users to completely exit and then log in again.
Tracking: Tracking functionality doesn’t work well for all the features in the experience of 10%-20% of users.
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Difficult Learning Curve: Just under 90% of all users who mentioned the implementation process said that it took too long to learn and they wanted more training.
Not Intuitive: More than 50% of users who discussed the useability said it was hard to navigate and has confusing design elements.
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Paylocity is a user-friendly HCM solution that works well for SMBs and delivers an array of features such as payroll management, hiring and talent management in a unified suite. Self-service capabilities help employees access their information. Some users found issues with its payroll, tracking and timesheet capabilities, reducing accuracy and limiting what can be done. However, it offers an intuitive interface, with tools like onboarding and PTO that make tasks easier while speeding up processes. Businesses looking for an end-to-end system to manage HR functions should consider this as a good contender.

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Workday is a talent management, HCM and workday management app. Reviewers loved the friendly customer service and felt the PTO feature worked well when it came to leave management. Reviewers also felt they got good value for their money in the majority of reviews that talked about price. Integrations were praised as being functional. That included the API, compliance service and third-party apps in general. Last, users especially like the recruiting tools that helped with acclimating new hires, candidate selection and gave insight into the organizational structure. Reviewers had the biggest issues with its ease of use. While there was a significant minority who felt that it worked just fine, others struggled with the design and navigation. Several said it was, “clunky.” In particular, users had issues with the way it handled permissions and access. They described it as a difficult process to see all the information they needed. The other big issue was the learning curve. Many described it as over-complicated and said it updated too frequently. They felt it was difficult to learn. Workday is a good option for medium to large enterprises. It may be too complicated and expensive for small business owners. It’s especially helpful in recruiting and employee data management for companies that need greater functionality.

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Screenshots

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Head-to-Head Comparison

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