HiBob is a human resource information system (HRIS) software designed to help companies manage the workforce through their employment lifecycles. Using its advanced analytics, companies can easily track important key performance indicators (KPIs) and their impact on business goals.

To understand how the software can best help your business, it’s important to know its pricing plans. HiBob HRIS offers custom pricing plans tailored to meet the specific needs of different businesses. Regardless of the pricing plan you choose, you get ‘Digital Admin’ and ‘Core HR’ functionality.

This guide aims to help you understand HiBob’s pricing plans in depth while exploring the factors that affect the software’s pricing packages.

HiBob’s Pricing Plans

It is important to note that HiBob charges companies on a monthly subscription basis. HiBob’s costs start from approximately $16-$25/employee/month. Additionally, it also charges a nominal implementation fee, which is typically around ~ 10-20% of their annual software fees.

Here is a breakdown of the pricing plans offered by HiBob:

Features

Details

Pricing Model

Per employee, per month (custom quote required)

Cost Range

$16-$25/employee/month (varies by modules/contract)

Free Trial

No

Plan Tiers

Core HR + optional add-on modules

Customization

High (choose modules as needed)

Support And Training

Comprehensive (support ticket and a contact form)

Disclaimer: The pricing has been sourced from third-party websites and is subject to change.

What Are The Factors That Can Affect HiBob Pricing Plans?

Different factors decide the cost of using HiBob, making it necessary for businesses to consider their specific needs before they select a package. Let’s have a closer look at the features impacting its pricing plans.

Company Size

The business size plays a substantial role in determining HiBob’s cost. Typically, the software’s pricing scales with the employee's number. This suggests that larger companies with greater workforce shall bear higher charges because of their data storage, additional administrative needs, and increased usage.

Similarly, small companies can choose rather affordable pricing plans that are tailored to their size and needs.

Implementation Complexity

Implementing HiBob can become more expensive if a company must use custom integrations, as these may require extra development and testing. These integrations are usually relevant to the existing payroll, time tracking, or benefits software.

Businesses with unique HR workflows are also expected to face higher costs as they may need specialized consulting or advanced configurations. Additionally, large companies importing substantial historical data also require custom solutions, which further increases the overall implementation fees.

Add-On Features

Depending on the features you select for your company, the pricing of HiBob may vary. This flexibility is essential for creating a customized plan that perfectly aligns with your HR requirements.

These include:

  • Core HR: Automates HR processes and report creation, caters to the needs of employees across locations
  • Time And Attendance: Simplifies the time tracking and work cycle management
  • Onboarding: This feature is quite helpful for automating and streamlining new hire onboarding
  • Compensation Management: Used for the management of salary reviews, bonuses, and equity allocations seamlessly
  • Payroll Hub: It is synced with payroll systems, as it updates payment data in real time and reduces payroll prep time
  • Hiring: Provides an applicant tracking system (ATS) for the purpose of streamlining recruitment and building candidate pipelines
  • UK Payroll: It offers customizable payroll management for UK-specific needs, including salary and tax calculations
  • Learning: This is quite helpful for engaging employees with dynamic learning content; pricing varies by course offerings
  • Time Off: Companies use it to manage requests and approvals for holidays, PTO, sick days, and vacations
  • Surveys: Surveys are used for the collection and analysis of employee feedback for actionable insights
  • Performance Management: Best for supporting employee growth with 360-degree reviews for all work arrangements
  • People Analytics: Best for tracking KPIs like headcount, absenteeism, growth, and retention
  • Your Voice: Used for the provision of a safe platform for employees to report workplace concerns
  • Workforce Planning: Best if a company wants to enable strategic hiring and workforce mapping for current and future needs
  • Sandbox: It is the best for testing and optimizing HR processes in a risk-free environment

The cost discussed above is based on estimates. You can contact us for a custom HiBob pricing plan that will be tailored to your company’s needs and size.