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15Five vs Paylocity

Detailed side-by-side comparison

15Five

15Five

From $4/mo

15Five is a specialized performance management platform focused on building high-performing teams through continuous feedback, OKRs, and engagement surveys. It streamlines manager-employee communication with weekly check-ins, 1-on-1s, and performance reviews while providing actionable insights into team engagement and development.

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Paylocity

Paylocity

Paylocity is a comprehensive cloud-based HCM and payroll platform designed for small to mid-sized businesses. It combines payroll processing, HR management, talent management, and workforce management into a single unified system with strong mobile capabilities.

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Feature Comparison

Feature15FivePaylocity
Performance ManagementCore focus with weekly check-ins, 1-on-1 meeting builders, 360-degree feedback, and OKR tracking designed to foster continuous developmentIncluded as part of broader HCM suite with performance reviews and talent management capabilities
Payroll ProcessingNot offered - requires integration with external payroll systemsFull payroll processing with tax compliance and automated calculations as a core feature
Employee EngagementSpecialized pulse surveys, engagement analytics, recognition features, and reporting built specifically for measuring and improving engagementEmployee self-service portal and mobile app for basic engagement and communication needs
Time and AttendanceNot included - focuses on qualitative feedback rather than time trackingComprehensive time and attendance tracking with workforce management capabilities
Benefits AdministrationNot offered - requires separate benefits management solutionFull benefits administration and enrollment management integrated with payroll
Integration CapabilitiesStrong integrations with HRIS systems and collaboration tools to complement existing tech stackAll-in-one platform designed to reduce need for multiple vendors, with unified data across modules

Pricing Comparison

15Five starts at $4/month per user, making it accessible for organizations specifically seeking performance management tools. Paylocity does not publish starting pricing and typically costs more as a comprehensive HCM platform, with some advanced features requiring additional fees.

Verdict

Choose 15Five if...

Choose 15Five if you already have payroll and HR systems in place and want a best-in-class performance management solution that drives continuous feedback, employee engagement, and development. It's ideal for organizations prioritizing manager-employee communication and team performance optimization.

Choose Paylocity if...

Choose Paylocity if you need an all-in-one HCM platform that handles payroll, benefits, time tracking, and HR management alongside performance management. It's best for small to mid-sized businesses wanting to consolidate multiple HR functions into a single system with strong mobile access and dedicated support.

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Pros & Cons

15Five

Pros

  • + Intuitive interface that encourages consistent manager-employee communication
  • + Reduces administrative burden of performance management processes
  • + Strong integration capabilities with HRIS and collaboration tools
  • + Evidence-based approach with built-in best practices for people management

Cons

  • - Can be overwhelming for teams new to structured performance management
  • - Pricing can be steep for smaller organizations
  • - Some features require training to maximize value

Paylocity

Pros

  • + Intuitive and modern user interface with excellent mobile experience
  • + Strong customer support with dedicated implementation specialists
  • + Comprehensive all-in-one platform reduces need for multiple vendors
  • + Robust reporting and analytics capabilities with customizable dashboards

Cons

  • - Pricing can be higher compared to some competitors, especially for smaller businesses
  • - Implementation process can be lengthy and complex for larger organizations
  • - Some advanced features require additional fees or higher-tier plans