Paylocity

What is Paylocity?

Paylocity is a Cloud-based human resource and payroll management solution for small, mid-sized and large businesses. Its service encompasses multiple industries including finance, healthcare, non-profit, hospitality, retail, transport, logistics and more. 

The HR software is equipped with an intuitive dashboard of its own that offers detailed insights on key metrics, and hence, enables organizational managers to detect trends and make smart decisions in real-time. 

Paylocity offers a two-way communication system that is backed by relevant journals and reviews, facilitating greater levels of performance monitoring. This gives organizations to offer a 24/7 self-service platform to their employees, enabling them to update data, punch their clock-in and out time, view checks and collaborate with other members within their team.  

How does the Performance Management module offered by Paylocity, enhance employee performance for your enterprise?

The Performance Management module facilitates enterprises with a 2-way communication system, ensuring better performance reviews and talent management.

1. Goal Management: Organisations can run full-scale meetings with their staff before agreeing on particular goals or objectives. This enables employees to work towards a predefined goal with full visibility, which causes managers to evaluate performance and appraisals in a unified manner.
2. Performance Reviews: With the 9-Box Succession Planning tool, managers can generate and define success factors, unique score points to evaluate the readiness and potential of an individual employee for their next role. The software also allows employees to self-appraise themselves and actively take part in the evaluation process.
3. Full-Scale Feedback: Organisations can use journals to facilitate multiple goal-driven conversations. It offers an intuitive record of all the tasks, accomplishments and goals of individual employees on a single platform. Further, a 360-degree view can be initiated by collecting feedback from colleagues or co-workers. 

Pricing of Paylocity

The pricing of Paylocity is available on request. If you are interested in knowing more about the solution, please feel free to request a callback. 

Benefits of Paylocity

1. Time Tracking: Organisations can track employees' attendance, time and labor in an automated manner, eliminating manual processes and potential data loss or mishandling. 
2. Customized Tools: Managers can perform a variety of tasks on their own that include adding the enrollment rules, customized benefits packages for different employee segments, view employee vs employer cost-share, documentation and so on.
3. Upgradation: The system offers third party benefit options such as access to plan information,  mobile enrollment, in-app notifications, and identification credentials.
4. Mobile App: Users can log-in to the system on the go and access a multitude of features including managing contact details, access reports, payroll management, respond to requests, manage expense reports and many more.