BambooHR Pricing: Features, Costs and Top HRMS Alternatives

BambooHR is a cloud-based HRMS solution designed for small to medium-sized businesses. It provides core HR features, such as an employee database, time-off tracking and applicant tracking, to name a few.

We’ve reviewed BambooHR and compared it with other HRMS solutions in terms of features and other attributes. This post focuses on BambooHR’s pricing model, as well as prices of two other alternative solutions.

How Much is BambooHR?

BambooHR offers two packages: Essentials and Advantage. The Essentials package costs $6.19 per employee, per month and covers these features:

  • HR management, such as employee records, benefits administration, reporting, document storage, standard access levels, standard workflows and approvals, and email alerts
  • Employee self-service, such as time-off management, company calendar, employee directory, mobile app and single sign-on
  • Email support and customer success webinar library

The Advantage package is $8.25 per employee, per month. It includes all features of the Essentials package, plus:

  • Applicant tracking system
  • Onboarding and offboarding
  • Training tracking
  • Advanced reporting
  • Tailored workflows and approvals
  • Custom access levels and email alerts
  • Company branding
  • Custom tabs
  • Audit trail
  • Integrations via BambooHR Open API and BambooHR Marketplace
  • Phone support

Note that clients have the option of adding on the performance management module at a separate cost. BambooHR offers discounted prices to the Essentials and Advantage packages based on company size.

Top Alternatives to BambooHR

BambooHR provides a straightforward pricing strategy so that companies only pay for the features they need. The pricing is scalable so it accommodates any changes in a company’s workforce.

However, for companies that want to compare prices, we’ve come up with two alternatives that are also intended for SMBs.

BizMerlinHR: BizMerlin uses a similar per-user pricing strategy as BambooHR. However, it breaks down its pricing strategy in seven tiers: 1-10, 11-20, 21-30, 31-50, 51-100, 101-200 and over 200 users. For example, a business with one to 10 users can expect to pay $10 a month, while a business with 51 to 100 employees will pay $500 a month. Companies with over 200 employees can contact BizMerlin directly for a price quote.

Regardless of tier, all prices include basic BizMerlinHR modules, such as onboarding, applicant tracking, performance management, reporting tools and mobile functionality. Users can optionally add on other modules, such as its Skill Matrix. All subscriptions can be paid either monthly or yearly and also include 12 hours of implementation support.

SentricWorkforce: SentricWorkforce includes three pricing tiers that are based off of number of employees. The Starter plan costs $2 per employee/per month (PEPM) and includes employee profiles, absence management, document storage, reporting tools and performance management. The Pro plan, at $6 PEPM, includes other features such as self-service functionality, benefits administrations, and alerts and notifications. The Premium plan ($12 PEPM) includes recruiting, advanced performance management features and employee training.

Note that each pricing plan includes the Standard customer service package. With this package, clients work with both a dedicated account manager and dedicated implementation lead, and include an implementation timeline that ranges from 30 days (for payroll setup) to 60 days.

Takeaways

SentricWorkforce has the least expensive price out of all three vendors, although its lowest-priced tier only covers basic features. On the other hand, BambooHR and BizMerlinHR include all of their core features in their subscription price and provide a few optional add-ons.

These three vendors aren’t your only options. We’ve featured over 35 HRMS reviews on our site for both SMBs and larger companies.

Finally, if you’re looking for a primer on HRMS solutions in general, head over to our Definitive Guide to HRMS. In the guide, we detail the benefits, features and what to look for when purchasing a solution.

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