BambooHR Pricing Breakdown: Features And Cost Analysis

What Is BambooHR?

BambooHR acts as an assistant for companies relating to managing their workers. It is a cloud-based HR software program designed to prepare and automate primary duties to be able to assist the HR group and make their workdays simpler. From onboarding new hires and monitoring PTO to storing and defending worker info in a single place, BambooHR has instruments to reduce handbook duties. What’s nice is that it is constructed primarily to fulfill the wants of small to medium-sized companies, which means it is easy and does not require superior tech experience to determine. Plus, it helps groups keep higher communication and transparency. In brief, it’s going to prevent time, hold issues organized, and assist your HR group give attention to what actually issues. However will it value you a fortune? Under, we have collected the whole lot you’ll want to find out about BambooHR pricing and reviewed its plans that will help you decide the correct one for your small business.

What’s Inside This Information…

BambooHR Plans And Pricing Tiers

• BambooHR does not point out its precise pricing on the web site.
• It has two plans. One is ideal for companies simply beginning with HR software program, and the opposite comes with additional options like customization, onboarding, superior reporting, and efficiency administration.
• The price per worker drops as your group grows, which is nice for scaling companies.
• BambooHR is a cloud-based platform, which means no software program downloads.
• They provide a 7-day free trial so you possibly can check it earlier than committing.
• With some additional value, you will get add-ons to streamline your HR processes much more.

BambooHR Pricing Comparability

• BambooHR’s pricing is tailor-made to your organization’s measurement and desires, so you will not discover any costs on its web site.
• The BambooHR Professional pricing plan prices greater than the Core plan as a result of it has extra superior options.
• Pricing is subscription-based and depends upon the variety of workers. The extra individuals in your group, the upper the fee.
• BambooHR is ideal for firms wanting user-friendly software program with robust options. However if you want for extra clear pricing, strive exploring different choices.

BambooHR Core Plan

Key Options Of The BambooHR Core Plan

Begin making data-driven selections by accessing easy reviews to trace turnover, worker efficiency, or anything you want to concentrate on.

Impress your candidates by providing them a novel hiring course of. BambooHR affords methods like applicant monitoring, automated disqualifying questions, automated emails, candidate data, templates for provide letters, job boards, job openings, and expertise swimming pools.

Enhance the onboarding expertise with instruments that make the method easy, skilled, and stress-free. These embody digital signatures, new rent packets, onboarding and offboarding duties (with progress monitoring), and welcome emails.

• Time Off And Advantages Monitoring

Observe day without work and advantages shortly and simply. Workers can request day without work by way of BambooHR, and managers can approve it with just some clicks. Additionally, hold observe of advantages, akin to renewals or updates.

Perceive what issues most to your individuals by way of surveys (worker expertise and worker well-being surveys) and tweak issues like insurance policies or processes for an awesome worker expertise. You too can create firm occasions and be aware them on the corporate calendar.

Select from quite a lot of software program and combine them into your BambooHR.

Deal with HR duties anytime, wherever, utilizing BambooHR’s intuitive cellular app. This additionally permits workers to trace their hiring and onboarding course of, in addition to advantages, occasions, and PTO.

BambooHR Professional Plan

Key Options Of The BambooHR Professional Plan

It affords all of the options of the BambooHR Core plan, plus the next:

• 25 job openings within the hiring instruments.
• Efficiency administration: Overview your workers’ performances with instruments that assist you to set targets, observe their progress, and provides significant suggestions. These instruments embody one-on-one conferences, 360 suggestions, evaluation templates, reminders, assessment cycles tailor-made to every function, and worker segmentation.
• Worker neighborhood: Optimize inner communication and improve worker engagement with options akin to a neighborhood feed widget that shortly summarizes what is going on on in your organization proper on your own home web page, customizable worker teams based mostly on location, division, or function, worker polls, an occasion calendar, analytics about posts on firm boards and dialogue boards, and integration with Slack.
• Buyer assist: You get assist by way of e mail, chat, and telephone and may entry useful resource libraries with webinars. That is additionally obtainable within the Core plan.

Add-Ons

Payroll (For US Workers Solely)

Handle payroll and associated processes, akin to direct deposits, versatile pay schedules, and federal and state tax submitting. We’ll discover this additional in a while.

Advantages Administration (For US Workers Solely)

With self-guided advantages configuration, updates (like life occasions or new hires), reporting, and extra, you possibly can hold observe of all issues benefit-related.

Time Monitoring

Handle your workers’ attendance by way of undertaking monitoring instruments, desktop and cellular clocks, timesheet critiques, additional time calculations, and extra. We’ll dive extra into it later.

What Modules Are Included In Bamboo’s HR Administration Software program?

Payroll

Managing payroll may be onerous if you happen to’re dealing with it manually. With BambooHR, you do not have to fret, because it takes care of all of it. From calculating salaries and deductions to managing taxes and direct deposits, the software program simplifies the whole payroll course of so you possibly can keep away from dealing with too many paperwork, which frequently results in errors. Nevertheless, remember that that is an add-on, so you need to ask for it when crafting your BambooHR pricing plan with their gross sales group.

HR Administration/Worker Information

BambooHR’s HR Administration function helps you retailer, manage, and entry worker data simply. Whether or not you are searching for primary data like names and addresses or extra detailed ones akin to job titles, begin dates, and efficiency critiques, you might have the whole lot in a single secure place. This additionally means there is no want for bodily copies of paperwork that litter your area.

Time And Attendance

Monitoring when your group begins and ends its workday should not really feel difficult. Fortunately, it is not, all because of the Time and Attendance function that comes with BambooHR. Workers can log their hours, request day without work, and be aware sick days, whereas managers can simply assessment schedules and approvals. It is good for protecting issues clear and eliminating errors when calculating pay accordingly.

Onboarding

First impressions matter, and BambooHR is aware of this. That is why its onboarding instruments make the method easy for brand new hires. Particularly, it helps you automate paperwork, present new workers with entry to sources, and arrange duties for his or her first few days.

Recruiting/Applicant Monitoring System

Discovering the correct expertise may be onerous, however BambooHR’s recruiting options simplify it. It lets you publish job openings (completely different numbers relying on the BambooHR pricing plan of your selection), observe candidates, and even collaborate together with your hiring group to decide on one of the best one to welcome to your group. The system retains the whole lot organized, so you do not lose observe of appropriate candidates or really feel misplaced with all these purposes despatched your manner.

Worker Efficiency Administration

BambooHR’s efficiency administration software, as we have seen above, supplies a straightforward solution to set targets, give suggestions to your workers, and observe their progress. In truth, it is designed to encourage progress and productiveness, not scold workers. It is good for higher communication between managers and workers, thus higher outcomes.

Worker Engagement

Completely satisfied workers make a profitable office, and BambooHR helps you monitor your group’s engagement ranges. This module supplies instruments like worker surveys to get a way of your group’s satisfaction, collect suggestions, and determine areas for enchancment. Now there is no excuse to not construct an organization tradition the place everybody feels valued and heard.

Who Is BambooHR For?

Massive Enterprises

For giant enterprises, managing a whole bunch of workers shouldn’t be straightforward, however BambooHR makes it so by protecting the whole lot organized. For instance, when your workforce is throughout a number of departments, areas, and even nations, you want a system that shops all this information in a single place. BambooHR does simply that. From hiring and onboarding to monitoring worker efficiency, it provides you instruments to assist your enterprise handle its workers easily. And one of the best half is that it is tremendous user-friendly. Even when your HR group has to cope with many individuals, BambooHR permits them to remain productive and environment friendly, regardless of the challenges.

Organizations With Various HR Wants

If your small business has particular wants, like seasonal hiring or distant workers, you may want versatile HR options. BambooHR and its versatile pricing plans are good for this, because it adjusts to your wants. Whether or not you might have full-time, part-time, contract, or freelance workers, want customized reviews, or need to automate time-off requests throughout completely different groups, you possibly can deal with all these by way of the software program. No matter your distinctive HR necessities are, BambooHR has your again.

Firms Targeted On Compliance

Staying compliant is a high precedence for all companies. Since labor legal guidelines and laws change consistently, protecting observe of the whole lot is tough, particularly in industries with strict insurance policies like healthcare. BambooHR helps you keep knowledgeable of compliance necessities akin to worker documentation, certifications, and information safety. Crucial half is that it helps you be ready in case of audits and show you comply with the principles.

Companies With Devoted HR Departments

Some firms have HR departments that deal with the whole lot from recruiting and payroll to worker engagement. BambooHR is one of the best software for these groups. It simplifies workflows, automates repetitive duties, and provides HR professionals the prospect to give attention to constructing a greater office. With BambooHR, they’ll dive deep into worker efficiency, analyze developments, and hold workers engaged, all whereas avoiding boring admin work.

How To Select The Proper BambooHR Plan

BambooHR Scalability And Staff Measurement

Certainly one of BambooHR’s standout options is scalability. Whether or not you are managing a small group of workers or working a mid-sized firm with a whole bunch of individuals, BambooHR adapts to fulfill your wants. Small groups can begin small and improve as their workforce grows, so that you by no means pay for options you do not want. So far as mid-sized or bigger companies are involved, BambooHR is customizable. For instance, as your group expands, you possibly can add instruments for hiring, onboarding, or efficiency critiques with out altering to a completely completely different system. It is also splendid if you happen to’re managing groups throughout numerous areas because it retains the whole lot in a single place no matter group measurement.

Trade-Particular BambooHR Options

Another excuse why you want BambooHR is as a result of it is appropriate for a lot of completely different industries. Whereas its primary instruments (like payroll and time monitoring) work for nearly each firm, there are options designed to deal with particular industries. For instance, nonprofits typically want detailed reporting for compliance, whereas tech firms may focus extra on efficiency administration and recruiting. BambooHR additionally works nicely in industries like retail, the place managing hourly pay and scheduling is essential. And if you happen to’re in healthcare or schooling, the place compliance with laws is a should, BambooHR’s instruments assist you to keep organized and keep away from bother.

BambooHR Integration Capabilities

BambooHR’s potential to combine with different instruments is among the causes it is standard. In the event you’re already utilizing software program for communication or payroll, BambooHR can work nicely with these. This eliminates repetitive duties like having to replace worker info on a number of platforms and retains the whole lot related in actual time. Whether or not you need to streamline payroll, observe efficiency, or simplify communication, the integrations prevent time and scale back handbook work. As well as, their open API means you possibly can even join customized instruments if wanted.

BambooHR Safety Safeguards

Defending delicate worker information is a should in each trade and firm throughout the globe. BambooHR takes safety severely, providing options like two-factor authentication, encryption, and GDPR compliance to make sure your information stays personal and secure. Their platform is repeatedly checked, too, so relaxation assured that they comply with worldwide safety requirements. One other safety function is role-based entry. Not each worker must see payroll or delicate HR data, so BambooHR helps you to management who has entry to what.

BambooHR Pricing Plans FAQ