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Companies are more likely to be multi-national than ever before. However, global companies are struggling to deliver HR software services to their global employees. Most companies are still using US-centric platforms that cannot support their non-US regions well.
Here's what to look for in a global HRIS and some vendors to consider:
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Global Employee Experience
The ability to provide a localized experience for each employee is crucial for a global HRIS. This includes support for local currencies, languages, and holidays. A system that feels truly catered to the employee's region and location will lead to higher employee satisfaction and engagement.
Global Support
When it comes to customer support, it's important to ensure that it's available around the globe. Support centers should be located in different regions to ensure that they understand the nuances of each region. The support team should also be able to answer questions about compliance and labor laws for each region.
Global Employment
A global HRIS should be able to support multiple types of employment across every region. This includes the ability to hire contractors through the system, administer employment contracts, and pay their invoices. The system should also be able to support the hiring of full-time employees in regions where the company has entities set-up. It should also have the capability to accurately pay taxes and file paperwork. Additionally, the system should have an employer of record (EOR) or Professional Employers Organization (PEO) offering to make hires in regions where the company does not have entities set-up.
Leading Global HRIS Vendors
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Some of the top global HRIS vendors that meet these criteria include:
Hibob
Overview:
Founded in 2015, Hibob is a global HR platform headquartered in Tel Aviv, Israel. The company serves over thousands of customers in over 60 countries, with a focus on small and medium-sized businesses. Hibob offers a comprehensive HRIS system that includes employee self-service, time tracking and a payroll report, but the biggest differentiator for Hibob is that they've leaned heavily into the employee experience offering functionality to support performance reviews, employee engagement and compensation reviews.
Pricing:
- $11-19 PEPM (per employee per month)
Rippling
Overview:
Founded in 2016, Rippling is a San Francisco-based HRIS and IT management platform. Rippling is best suited for small and medium-sized businesses. Rippling offers an all-in-one platform that includes HR, payroll, benefits, IT, and security. It also offers the ability to manage all employee data, compliance and integrations with more than 1000 apps. Rippling's built on cutting edge enterprise software principles and prioritizes integrations and no-code workflows. They launched a global HRIS & payroll initiative in 2022.
Blog: How Long Does it Take To Buy and Implement an HRIS
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Pricing:
- $22-31 PEPM (per employee per month)
Darwinbox
Overview:
Founded in 2015, Darwinbox is a global HR software company based in Hyderabad, India. The company is a market leader in Asia-Pacific and is expanding into the Americas in 2023. Darwinbox is best suited for medium to large businesses. Darwinbox offers a comprehensive HRIS system that includes talent management, payroll, compliance, and employee self-service. It also offers advanced analytics and reporting capabilities too. Darwinbox has pioneered many HRIS innovations including voice bots, AI-powered analytics and a built-in integration studio.
Blog: How to Negotiate an HRIS Agreement
Pricing:
- $15-20 PEPM (per employee per month)
Workday
Overview:
Founded in 2005, Workday is a global HR and financial management software company based in California, United States. The company serves thousands of customers worldwide, and is best suited for large businesses. Much of the Fortune 500 uses Workday today. Workday offers a comprehensive HRIS system that includes talent management, payroll, compliance, and financial management. It also offers analytics and reporting capabilities.
Pricing:
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Blog: Workday Reviews - Pricing, Pros/Cons, User Reviews
SAP SuccessFactors
Overview:
Founded in 2001, SAP SuccessFactors is a global provider of cloud-based HR software, part of the German software company SAP. The company serves over thousands of customers worldwide, and is best suited for larger enterprises. SAP SuccessFactors offers a comprehensive HRIS system that includes talent management, payroll, compliance, and employee self-service. It also offers analytics and reporting capabilities. SuccessFactors is very strong in talent management and offers advanced recruiting, performance and compensation tools.
Pricing:
- $26-38 PEPM (per employee per month)
Blog: The 10 Best HRIS Systems for Mid-Sized Companies
Ceridian Dayforce
Overview:
Founded in 1992, Ceridian Dayforce is a global HR and payroll software company based in Minneapolis, United States. The company serves over thousands of customers worldwide, and is best suited for medium enterprise companies. Ceridian Dayforce offers a comprehensive HRIS system that includes talent management, payroll, compliance, and employee self-service. It also offers analytics and reporting capabilities. Ceridian Dayforce is built on a single database which allows for a very powerful, accurate and automated payroll, time & benefits engine.
Pricing:
- $22-30 PEPM (per employee per month)
Blog: The 8 Best Modern HRIS Systems for Small Businesses
SagePeople
Overview:
Founded in 2007, Sage People (originally called Fairsail) is a global HR and payroll software company based in London, United Kingdom. The company serves thousnads of customers worldwide, and is best suited for small to medium-sized businesses. Sage People offers a comprehensive HRIS system that includes talent management, payroll, compliance, and employee self-service. It also offers analytics and reporting capabilities. Sage People is a great fit for global companies that are prioritizing integrations.
Pricing:
- $12-18 PEPM (per employee per month)
Blog: How Much Does BambooHR Cost?
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It is important to note that these are only a few examples of the many global HRIS vendors available. In order to find the best fit for your company, it's important to do your own research and evaluate each vendor based on your specific needs and requirements.
In conclusion, a global HRIS is a crucial tool for any business that operates in multiple countries. It should provide a localized experience for each employee, offer global support, and have the ability to support global employment. By looking for these key features and considering the top vendors in the market, your company will be well on its way to finding the perfect global HRIS system.
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