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Payroll Software Review

Paylocity Review: Is It the Right Payroll Software for Your Business?

Paylocity is a full HCM platform — payroll, HR, benefits, engagement, recruiting, analytics — best for midsize employers, not micro-businesses.

4.2 / 5
Reviewed by Logan Allec, CPALast updated June 2026
Full HCMEmployee engagementModular pricing

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Quick verdict

The Paylocity quick read

Use Paylocity if
  • You have 50+ employees or are scaling there
  • You have or are building an HR function
  • Employee engagement, recruiting, and reporting matter
Skip Paylocity if
  • You're a very small business
  • Price transparency is your top priority
  • You only need basic payroll
Best fitMidsize businesses (50+ employees)
Weakest fitMicrobusinesses and 1–10 employee teams
Starting priceQuote-based — contact sales for pricing
Pricing transparencyLimited — quote-based, expect a sales conversation
Payroll tax supportGood — federal, state, and local filings included
Contractor supportGood — 1099 payments and year-end filings
W-2 supportFull-service, included in paid plans
Multi-state supportStrong — handles employees across U.S. states
BenefitsStrong — broker-supported health, 401(k), HSA/FSA, workers' comp
HR toolsStrong — onboarding, HRIS, performance, and handbook tools
Accounting integrationsQuickBooks Online, Xero, and common partners
Setup difficultyBest with assisted setup
Support qualityStrong — phone, chat, and email; priority on higher plans
Overall rating8.2 / 10
My take as a CPA

A CPA's take on Paylocity

As a CPA and business owner, I care less about whether payroll software has the longest feature list and more about whether it helps a business owner avoid expensive payroll mistakes. The right payroll provider should make tax payments, filings, employee onboarding, contractor payments, and year-end forms feel routine — because payroll is one area where small mistakes can create real compliance problems.

Paylocity stands out because

Depth across HR, payroll, engagement, and analytics — a real HCM rather than just payroll software.

Where I'd be careful

Pricing is quote-based and modular. Stress-test the total cost (including implementation) before signing.

Businesses I'd comfortably recommend Paylocity to

Midsize businesses ready for full HCM — not micro-businesses just running payroll.

Businesses that should compare alternatives

Smaller businesses should compare Gusto, OnPay, or QuickBooks Payroll first. Larger ones should compare ADP Workforce Now, Paycor, Paycom, and iSolved.

Decision snapshot

A 30-second decision

Choose Paylocity if you want
  • You need a full HCM platform
  • You have 50+ employees and HR complexity
  • Employee engagement and analytics matter
Choose another provider if you need
  • You're a small business that just needs payroll
  • You want published pricing
  • You don't have HR resources to implement and maintain HCM
Compare against
PaycorPaycomADP Workforce Now
Fit

Who Paylocity is best for

Paylocity is best for
  • Midsize businesses (50+ employees)
  • Companies with an HR team or HR-focused owner
  • Multi-state employers wanting advanced reporting
Paylocity is not best for
  • Microbusinesses and 1–10 employee teams
  • Price-sensitive buyers
  • Owners who want transparent self-serve pricing
Pricing

Paylocity pricing

Pricing verified
Verified June 2026
Pricing source: Paylocity pricing page

Payroll pricing changes frequently. Always confirm current pricing on the provider’s site before signing up.

Paylocity pricing is quote-based and modular. Ask about implementation fees, module costs, per-employee payroll fees, contract length, and what counts as an add-on.

Paylocity HCM
Quote-based
Quote-based
Best for: Midsize employers wanting payroll plus full HCM
  • Payroll
  • HR
  • Benefits administration
  • Time and labor
  • Performance, recruiting, learning (modular)
What to watch for in Paylocity’s pricing
  • Modular pricing — recruiting, learning, and surveys are usually separate add-ons.
  • Implementation fees are common — ask for the total first-year cost.
Ready to compare pricing?

See current Paylocity plans and offers.

Visit Paylocity
Scorecard

Feature scorecard

Core payroll
Full-service payroll plus a strong HCM suite for growing midmarket businesses.
9/10
Tax & compliance
Files federal, state, and local payroll taxes.
8/10
Ease of use
Modern UI but deep — best with a configured rollout.
7/10
Contractor payments
Pays 1099 contractors and files year-end forms.
7/10
Multi-state
Handles employees in multiple U.S. states.
9/10
HR tools
Performance, learning, recruiting, surveys, and community — closer to Workday than Gusto.
10/10
Benefits
Health, retirement, and ancillary benefits availability.
9/10
Integrations
Connects with common accounting and time-tracking tools.
7/10
Support
Phone, chat, and email support during business hours.
9/10
Pricing transparency
Quote-based; pricing typically scales with modules and headcount.
4/10
Scalability
Comfortable from ~50 to several thousand employees.
10/10
Features

Payroll features

Full-service payroll
  • Unlimited payroll runs
  • Direct deposit
  • Multiple pay schedules
  • Bonus, off-cycle, and reimbursement runs
  • Employee self-service portal
Payroll tax filing
  • Federal, state, and local payroll tax calculation
  • Automatic deposits and filings
  • Quarterly and annual filings
  • Tax-notice support
Contractor payments
  • 1099 contractor payments
  • Year-end 1099-NEC filings
Multi-state payroll
  • Multi-state payroll supported
  • Remote-employee tax setup
Year-end forms
  • W-2 generation and filing
  • 1099 generation and filing
  • Employee/contractor year-end form access
HR & benefits

HR, benefits, and compliance tools

HR tools
  • Employee records and HRIS
  • Onboarding workflows
  • PTO tracking
  • Performance and recruiting tools (on relevant tiers)
  • Employee handbook templates
Benefits
  • Health, dental, and vision (broker-supported)
  • 401(k) and retirement
  • HSA / FSA
  • Workers' comp
  • Commuter and ancillary benefits
Compliance support
  • New-hire reporting
  • Federal, state, and local payroll tax filings
  • W-2 and 1099 year-end filings
  • Tax-notice support
Setup

Ease of use and setup

Setup difficulty
Best with assisted setup
  • Modern web interface
  • Self-serve employee onboarding where available
  • Mobile experience for employees
Before you sign up, have this ready
  • EIN
  • State payroll tax account numbers
  • State unemployment account numbers
  • Employee information (I-9, W-4)
  • Contractor information (W-9)
  • Prior payroll history
  • Bank account for funding
  • Pay schedule
  • Benefits information (if any)
  • Workers' comp details (if any)
  • Accounting software login
  • PTO policy
  • Existing payroll provider info (if switching)
Integrations

Integrations

Accounting
  • QuickBooks Online
  • Xero
Time tracking
  • When I Work
  • Homebase
  • Deputy
Benefits & 401(k)
  • Available through provider or partner networks
Productivity
  • Common SSO and HRIS connectors where applicable

PayrollSignal take: Integrations matter because payroll is rarely isolated. If your payroll system doesn’t talk cleanly to your accounting software, time tracking, or benefits tools, you may end up spending more time fixing payroll than running it.

Support

Customer support

Support featureAvailableNotes
Phone supportYesDedicated rep at higher tiers
Chat supportYesIn-app chat
Email supportYesAvailable across plans
24/7 supportDependsVaries by plan / module
Dedicated representativeYesCommon at midmarket+ tiers
HR advisor accessYesIncluded on HR-focused plans
Tax-notice supportYesIncluded with full-service payroll
Setup supportYesAssisted onboarding standard

Payroll support matters more than ordinary software support because payroll problems often have deadlines attached. A login issue is annoying. A missed payroll tax deadline can be expensive.

Pros & cons

Paylocity pros and cons

Pros
  • Full HCM
  • Strong reporting and analytics
  • Employee engagement tools
  • Scales into midmarket
Cons
  • Quote-based, modular pricing
  • Implementation can be heavier
  • Overkill for small businesses
  • Module sprawl can drive cost
Real-world fit

Which businesses should use Paylocity?

Microbusiness (1–10)
Low fit

Overkill — use Gusto, OnPay, or QuickBooks Payroll.

Small business (10–50)
Medium fit

Possible if HR is a priority; otherwise compare smaller-business tools first.

Midsize (50–500)
Very high fit

Paylocity's sweet spot.

Multi-state employer
Very high fit

Strong multi-state and reporting.

Growing team with benefits
Very high fit

Benefits administration is a strength.

Enterprise
High fit

Works at lower-end enterprise; Workday and Paycom compete here.

Fit meter

PayrollSignal Fit Meter

Microbusiness (1–10)
Low fit
Small business (10–50)
Medium fit
Midsize (50–500)
Very high fit
Multi-state employer
Very high fit
Growing team with benefits
Very high fit
Enterprise
High fit
Watch-outs

Watch-outs before you buy

  • Get implementation fees in writing.
  • Confirm which modules are included vs. add-on.
  • Stress-test cost as you grow.
Alternatives

Best alternatives to Paylocity

Paylocity vs Paycor
Use Paycor if

Comparable HCM offering.

Use Paylocity if

Paylocity often wins on engagement and analytics depth.

Best for: Similar SMB-to-midmarket HCM buyers

Paylocity vs Paycom
Use Paycom if

Strong employee self-service.

Use Paylocity if

Paylocity tends to be more flexible at the smaller end of midmarket.

Best for: Single-database HCM at midsize+

Paylocity vs ADP Workforce Now
Use ADP Workforce Now if

Massive ecosystem.

Use Paylocity if

Paylocity often feels more modern and employee-friendly.

Best for: Brand-name midmarket HCM

Not sure?

Not sure if Paylocity is right for you?

Payroll companies can look similar on the surface, but the best choice depends on your employees, contractors, states, benefits needs, HR support, accounting software, and growth plans. Take the free PayrollSignal quiz and get a recommendation built for your business.

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Methodology

How we reviewed this provider

We review payroll providers based on small business fit, not just feature count. A provider can have many features and still be the wrong choice for a very small business if it’s too expensive, too complex, or unclear about pricing.

CategoryWeight
Payroll functionality20%
Payroll tax & compliance support20%
Pricing & transparency15%
Ease of use15%
HR, onboarding & benefits10%
Integrations10%
Customer support5%
Scalability5%

Our ratings are intended to help small business owners choose payroll software based on fit. A lower-rated provider may still be the better choice for a specific business if its pricing, integrations, service model, or HR features better match that business’s needs.

Read our full research and scoring methodology

FAQs

Paylocity FAQs

Bottom line

The bottom line

Paylocity is a strong HCM for midsize employers. PayrollSignal recommends it when you genuinely need HCM — not when basic payroll software would do.

If you already know Paylocity fits your needs, you can check current pricing below. If you’re still comparing options, take the free PayrollSignal quiz first.