Paycor

Paycor is an adaptable human capital management platform that simplifies payroll, HR, talent acquisition, and employee engagement for small and medium-sized enterprises, helping them automate processes and foster a more productive workforce.

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Introduction

Paycor is an all-in-one HCM platform that brings together payroll processing, human resources, talent recruitment, benefits management, and team engagement tools into a single, cohesive system. It helps companies automate administrative duties, maintain regulatory compliance, and uncover valuable insights to enhance talent management and organizational growth. With a user base of close to 800,000 organizations, Paycor delivers customizable solutions for sectors such as healthcare, hospitality, and non-profits, supporting activities ranging from time tracking and new hire integration to performance reviews and financial health.

Key Features

Centralized HR and Payroll System

Combines automated payroll execution, tax compliance, and personnel data management with a unified hub for all human resources operations.

Talent Sourcing and Integration

Features an applicant tracking system enhanced with AI for creating job posts, along with tailored recruitment pipelines and candidate engagement utilities to optimize hiring.

Mobile Access and Self-Service Portal

Allows staff to handle their benefits, clock hours, submit time-off requests, check earnings, and utilize financial wellness tools through a protected mobile application.

Attendance and Hours Monitoring

Accommodates various clock-in techniques, including biometric and mobile options, complemented by geofencing and adjustable policies for work hours, breaks, and overtime.

Benefits Management and Early Wage Access

Eases the benefits enrollment process and provides staff with the ability to access accrued earnings ahead of payday, promoting financial well-being and involvement.

In-Depth Reporting and Business Intelligence

Generates comprehensive analytics on labor, pay, and performance, empowering management to base decisions on data and enhance workforce effectiveness.

Use Cases

Automated Payroll Processing: Small and midsize companies utilize Paycor to automate payroll, ensure tax adherence, and manage payments, saving time and minimizing inaccuracies.

Recruitment and Employee Retention: HR professionals and recruiters employ Paycor's applicant tracking and onboarding features to efficiently attract, hire, and keep talented personnel.

Staff Empowerment and Self-Service: Employees independently manage their timetables, benefits, and payment information, increasing satisfaction and lightening the load on HR departments.

Labor Compliance and Time Tracking: Supervisors monitor worker hours, overtime, and attendance using flexible rules to adhere to labor regulations and manage expenses.

Streamlined Benefits Administration: HR administrators simplify the management and selection of employee benefits while guiding staff toward informed decisions.

Workforce Optimization Analytics: Executives use detailed reports and insights to refine labor expenditures, boost productivity, and guide strategic planning.