In today's business world, human resources (HR) software is a must-have for any company with more than a handful of employees. There are many different HR software platforms on the market, each with its own unique features and benefits. In this article, we'll compare two of the most popular HR software platforms, BambooHR and Insperity, to help you decide which one is right for your business.
BambooHR
BambooHR is a cloud-based HR software platform that offers a comprehensive suite of HR tools for small and medium-sized businesses. BambooHR's features include employee self-service, performance tracking, time tracking, recruiting and hiring, and benefits administration. BambooHR's pricing is based on the number of employees in your company, starting at $5 per employee per month for up to 500 employees.
BambooHR's Key Features
BambooHR's key features include employee self-service, performance tracking, time tracking, recruiting and hiring, and benefits administration.
Employee Self-Service
BambooHR's employee self-service feature gives employees the ability to view and update their personal information, such as contact information, emergency contacts, and job preferences. Employees can also view and print their pay stubs and W-2 forms, and request time off from work.
Performance Tracking
BambooHR's performance tracking feature gives managers the ability to set goals and objectives for their employees, and track progress toward those goals. Performance reviews can be conducted electronically, and employees can be given feedback on their performance in real-time.
Time Tracking
BambooHR's time tracking feature gives managers the ability to track employee time worked, vacation and sick time taken, and time off for holidays and personal days. Time tracking data can be used to generate reports on employee productivity and time usage.
Recruiting and Hiring
BambooHR's recruiting and hiring feature gives managers the ability to post job openings on the BambooHR website, and track and manage applicants through the hiring process. BambooHR offers a variety of tools to help managers screen and assess job applicants.
Benefits Administration
BambooHR's benefits administration feature gives managers the ability to manage employee benefits, such as health insurance, dental insurance, and 401(k) plans. Benefits data can be imported into BambooHR from other HR software platforms.
BambooHR's Pros and Cons
BambooHR's pros include its comprehensive suite of HR tools, its ease of use, and its competitive pricing. BambooHR's cons include its lack of a mobile app and its lack of a live chat support option.
BambooHR's Pros
Comprehensive Suite of HR Tools: BambooHR offers a comprehensive suite of HR tools, including employee self-service, performance tracking, time tracking, recruiting and hiring, and benefits administration.
Ease of Use: BambooHR is a cloud-based HR software platform that is easy to use. The platform's user interface is intuitive and user-friendly.
Competitive Pricing: BambooHR's pricing is based on the number of employees in your company, starting at $5 per employee per month for up to 500 employees.
BambooHR's Cons
Lack of a Mobile App: BambooHR does not currently offer a mobile app.
Lack of a Live Chat Support Option: BambooHR does not currently offer a live chat support option.
Insperity
Insperity is a cloud-based HR software platform that offers a comprehensive suite of HR tools for small and medium-sized businesses. Insperity's features include employee self-service, performance tracking, time tracking, recruiting and hiring, and benefits administration. Insperity's pricing is based on the number of employees in your company, starting at $10 per employee per month for up to 500 employees.
Insperity's Key Features
Insperity's key features include employee self-service, performance tracking, time tracking, recruiting and hiring, and benefits administration.
Employee Self-Service
Insperity's employee self-service feature gives employees the ability to view and update their personal information, such as contact information, emergency contacts, and job preferences. Employees can also view and print their pay stubs and W-2 forms, and request time off from work.
Performance Tracking
Insperity's performance tracking feature gives managers the ability to set goals and objectives for their employees, and track progress toward those goals. Performance reviews can be conducted electronically, and employees can be given feedback on their performance in real-time.
Time Tracking
Insperity's time tracking feature gives managers the ability to track employee time worked, vacation and sick time taken, and time off for holidays and personal days. Time tracking data can be used to generate reports on employee productivity and time usage.
Recruiting and Hiring
Insperity's recruiting and hiring feature gives managers the ability to post job openings on the Insperity website, and track and manage applicants through the hiring process. Insperity offers a variety of tools to help managers screen and assess job applicants.
Benefits Administration
Insperity's benefits administration feature gives managers the ability to manage employee benefits, such as health insurance, dental insurance, and 401(k) plans. Benefits data can be imported into Insperity from other HR software platforms.
Insperity's Pros and Cons
Insperity's pros include its comprehensive suite of HR tools, its ease of use, and its competitive pricing. Insperity's cons include its lack of a mobile app and its lack of a live chat support option.
Insperity's Pros
Comprehensive Suite of HR Tools: Insperity offers a comprehensive suite of HR tools, including employee self-service, performance tracking, time tracking, recruiting and hiring, and benefits administration.
Ease of Use: Insperity is a cloud-based HR software platform that is easy to use. The platform's user interface is intuitive and user-friendly.
Competitive Pricing: Insperity's pricing is based on the number of employees in your company, starting at $10 per employee per month for up to 500 employees.
Insperity's Cons
Lack of a Mobile App: Insperity does not currently offer a mobile app.
Lack of a Live Chat Support Option: Insperity does not currently offer a live chat support option.
Which HR Software Platform Is Right for Your Business?
To decide which HR software platform is right for your business, you'll need to consider your business's specific needs and requirements. If your business is in need of a comprehensive HR software platform with a wide range of features, BambooHR or Insperity may be a good fit. However, if you're looking for a more affordable HR software option, BambooHR may be a better choice.