Paylocity Benefits From Resilient Retention Despite Weakening Economic Conditions

Paylocity's unified platform appeals to clients who prefer an all-in-one payroll and HCM solution. Clients can customise their solution through add-on modules including talent management and benefits administration, alongside core payroll functionality and integrate with over 400 third party providers, including referral partners such as benefit brokers. A unique feature of Paylocity's platform is the complimentary inclusion of communication and engagement tools including social collaboration platform, Community, and video, survey and learning management tools. These features aim to drive higher employee engagement and satisfaction, benefiting the client as well as Paylocity by entrenching the software further into the business.