Paylocity

What it does

Paylocity is a cloud-based Human Capital Management (HCM) platform combining payroll, benefits administration, time and attendance, and talent management (recruiting, onboarding, performance reviews, learning) in one system. It targets mid-market companies that have outgrown small-business payroll tools but aren't large enough for a full enterprise HR suite like Workday. A notable feature is its social-style employee engagement tool, which layers a Slack-like community feed and peer recognition system on top of the core HR data, something most payroll-first competitors don't offer natively.

Who this helps

You want payroll, benefits, and time tracking in one HCM.

You need recruiting, onboarding, and performance reviews too.

You run HR for a mid-sized company.

You want employee self-service.