BambooHR streamlines human resources tasks through automated tax filing and people management tools. It streamlines your processes with features like automated payroll, benefits enrollment, time tracking, and performance management. While users have reported glitches when pulling reports, its robust capabilities make it a valuable tool for business growth.
BambooHR Specifications
Employee Information Management
Recruitment and Applicant Tracking
Performance Management
Attendance and Time Tracking
What Is BambooHR?
BambooHR is a cloud-based human resources information system (HRIS) that offers comprehensive solutions for small- and medium-sized businesses. The software allows you to track hours worked, manage benefits enrollment, and run payroll, all from a single platform.
This eliminates the need for data double entry and manual approval processes, ensuring easy and accurate payroll for you and your employees. BambooHR is a top choice in the industry, offering automated workflow approvals, offboarding, performance management, and tools to enhance employee satisfaction.
Main Featured Modules of BambooHR
One of the most popular BambooHR features is its ‘Hiring and Onboarding’ capability. It uses a powerful Applicant Tracking System (ATS) to streamline the recruitment process, helping businesses quickly find and hire top talent.
Once a candidate is hired, its proactive onboarding tasks ensure a smooth transition for new hires, providing a compelling experience from day one. This unique combination of BambooHR onboarding and hiring automation features sets BambooHR apart, optimizing HR processes and enhancing the overall employee experience.
Another is the ever famous BambooHR Payroll Module. It allows payroll management to become completely automated to make It
How Much Does BambooHR Cost?
BambooHR uses a per-employee, per-month (PEPM) pricing model for companies with more than 20 employees. For companies with 20 employees or fewer, they charge a monthly flat rate.
BambooHR offers two pricing packages:
Essential Package
- Starts at $108 per month for 20 employees
- $5.40 per month for each additional employee
Advantage Package
- Starts at $180 per month for 20 employees
- $9 per month for each additional employee
BambooHR Integrations
The software integrates with various tools operating in different categories, such as ATS, Benefits Administration, ERP & Accounting, Communication, and more. These third-party tools include:
- Slack Software
- Indeed
- Checkr
- Greenhouse
- TalentLMS
- Ease
- Okta
- NetSuite
- Deel
How Does BambooHR Payroll Work?
Here’s how to begin using BambooHR Payroll software after the implementation process is complete:
- Log in to your BambooHR account using your username and password
- Click on the 'Payroll' menu option from the left sidebar
- Select the pay period you want to process payroll for by clicking on the period from the calendar shown
- Review employee earnings like salary, wages, and commissions for the pay period and make any updates
- Review employee deductions like taxes, benefits, and garnishments and ensure they are up to date
- Configure payroll payment details like payment date, payment method (direct deposit or check), and bank or financial details
- Review the payroll register showing paychecks for all employees with earnings and deductions
- Run payroll tax calculations by clicking on the 'Calculate Taxes' button
- Review payroll reports like payroll summaries and paychecks to ensure accuracy
- Submit payroll for payment processing by clicking on the 'Submit for Payment' button
Who Is BambooHR For?
The platform caters to the needs of businesses working in various industries and sectors, including:
- Technology
- Construction
- Healthcare
- Finance
- Non-profit organization
Is BambooHR Right For You?
Are you spending far too much time on manual payroll processing every time? As your business grows, does managing complex payroll system across multiple locations seem like an impossible task? If that is the case, BambooHR Payroll offers the ideal solution. The software handles all your payroll needs from one integrated system seamlessly.
The top companies that trust BambooHR's security and scalability include ZipRecruiter, SoundCloud, and Jacksonville Jaguars. Moreover, all sensitive financial and employee data is securely hosted with bank-grade encryption, annual third-party audits, frequent vulnerability scans, and penetration testing. Zero-trust security architecture locks down data at every level.
If you are still unsure whether BambooHR Payroll is the ideal platform for your requirements, we are here to assist you. Contact us at (661) 384-7070, and we will help you make a well-informed decision.
BambooHR Features
BambooHR recruiting feature enables efficient and compliant end-to-end recruitment. Job postings can be distributed across multiple sites, and applicants can apply directly. The applicant tracking system allows for managing candidate profiles and pipelines, scheduling interviews, and tracking offer status.
It enables automated payroll processing that helps users to set up pay schedules, pay periods, and frequencies as paychecks are directly deposited or mailed. The software handles tax filing, payroll deductions, and compliance with local and federal payroll regulations.
BambooHR time tracking feature allows employees to clock in and out using a mobile app. Administrators can set work schedules and approve timesheets. Users can track regular hours worked as well as overtime, breaks, and meals.
The software provides optional benefits administration functionality for an added fee. Features include online benefits enrollment, eligibility tracking, billing, and payments to benefits providers. BambooHR also integrates with many third-party benefits administrators, including SimplyInsured, PlanSource, Maxwell Health, and Effortless Admin.
BambooHR performance management feature helps organizations motivate, develop, and retain employees. The software allows managers to define customized goals for direct reports and track progress over time. Employees can provide self-assessments that facilitate feedback discussions. Once evaluations are completed, automated performance ratings and organic feedback can be stored directly in employee profiles.