PeopleStrategy Review

PeopleStrategy offers HR professionals a range of tools and resources to attract, manage, and retain talent. It does this by providing companies with the opportunity to work with experienced benefits professionals to develop a sustainable benefits strategy for the long-term.

For the purpose of this PeopleStrategy review, HRD will explore the features and benefits of this HCM software. This review will examine what PeopleStrategy is, how it works, and what organizations should keep in mind if they are considering PeopleStrategy as their HCM software. HR professionals can read this to determine if PeopleStrategy is the right HCM solution for their company’s specific needs.

PeopleStrategy review: What is PeopleStrategy?

PeopleStrategy provides expert benefits consulting and comprehensive administrative services for HR departments. PeopleStrategy brings together the company's technology and employee benefits and administrative services to offer a complete HR solution for attracting, managing, and retaining employees – all through one user-friendly HCM platform.

PeopleStrategy offers small and mid-sized companies access to a cloud-based, Software-as-a-Service (SaaS), from hire-to-retire platform that includes functionality to support hiring and recruiting, applicant tracking, onboarding and electronic data management, payroll, time and attendance, benefits administration, performance management, compensation planning, compliance management and reporting and analytics.

PeopleStrategy review: What does PeopleStrategy do?

PeopleStrategy's HCM suite includes a unified database that stores all employee, payroll, and benefits data in one central location. This results in faster and easier access to the required data for generating crucial compliance and internal reports.

PeopleStrategy also offers self-service and mobile access, which enables organizations to reduce costs, gain better organizational insight, and improve job satisfaction.

PeopleStrategy key capabilities:

• Recruiting
• HR Management
• Payroll
• Employee Benefits
• Time
• Compliance
• Reporting and Analytics

PeopleStrategy review: Platform overview

In this section, we will go through each of the core functionalities of PeopleStrategy.

Recruiting

The Recruiting module provides companies with easy-to-use tools to assist their employees from the start of their employee journey. These tools include application tracking, sourcing, and reporting to recruit top talent, and an online onboarding system that will allow HR teams to go paperless. The platform also features customizable approval workflows to highlight the most promising candidates.

Key capabilities:

• Recruiting: Find top talent through public job posts and customized offer letters.
• Hiring: The Applicant Tracking System helps HR efficiently track, source, and screen top candidates and make quick hiring decisions.
• Onboarding: Reduce paperwork with self-onboarding and obtain complete visibility into every step of the onboarding process.

Features:

• Easily post job listings to over 4,000 mainstream, specialty, and niche job sites.
• Avoid expensive hiring mistakes and improve your onboarding process by utilizing integrated background screening and assessments.
• Gain access to tools that help HR craft compelling job descriptions to attract ideal candidates.
• Allow new employees to complete self-onboarding electronically prior to their first day.

HR Management

The HR Management module allows HR departments to manage their teams and optimize their HR processes with HR technology and tools that save them valuable time.

Key capabilities:

• Performance Management: Online self, peer, and manager reviews replace the paper performance review process.
• Time-Off: Employee and manager self-service allow employees to handle and track time-off requests and approvals.
• Compensation Management: Management and implement employee compensation plans such as salary grades, merit, bonus, and incentive programs.
• Employee Self-Service: Allows employees to update their personal information and access paystubs and benefits information.
• Manager Self-Service: Allows managers to take care of PTO requests, approve timecards, and streamline business processes, all with role-based security.
• Workflows: Automated notifications from employee to manager and manager to admin.

Features:

• Manage PTO requests and establish policies that seamless integrate with the entire system.
• Manage your workforce with company directories and organizational charts.
• Share company news, events, and policies through a dedicated communications portal.
• Access business intelligence reports that provide valuable insights on employee turnover, compensation, and more.

Payroll

PeopleStrategy's Payroll module can manage even the most complex payroll procedures. Make timekeeping and attendance quick and easy steps in an employee’s daily schedule. Tax filing is also more straightforward with support from PeopleStrategy’s tax team.

Key capabilities:

• Payroll Processing: Generate, assess, and complete payroll.
• Tax Filing: PeopleStrategy’s tax services specialists can compile, evaluate, and submit the required paperwork on your behalf.
• Year-End Services: Review year-end employee data and produce, distribute, and submit year-end documents.

Features:

• A payroll processing "wizard” helps create, review, and finalize payroll.
• Self-service tools allow employees to view pay stubs, update payroll deductions, manage direct deposit accounts, and more.
• Geocoding automatically recommends tax enrollments if there are any changes to an employee's home or work location.
• Deposit federal, state, and local payroll taxes on time.
• Prepare and file monthly, quarterly, and annual returns.

Time

The Time module provides HR with increased authority over their company's expenses.

Key capabilities:

• Time Tracking: Keeping track of time for freelancers, contractors, and employees is easy with the availability of time-entry methods.
• Attendance: Integrated reporting helps recognize attendance patterns that might influence productivity and overall employee performance.
• Scheduling: Scheduling can be assigned and changed, shift swapping can be requested, and PTO can be automated.

Features:

• Automate time-off requests and approvals.
• A company PTO calendar simplifies time-off request approvals.
• View employee clock-in time and scheduled work areas easily.
• Track different pay rates for jobs and projects.
• Employees can swap scheduled shifts with quick approvals.
• Keep track of when employees punch in or out outside of their regular work hours, and alert managers when employees reach a certain number of points due to absences, early, or late punches.
• Set up and manage specific locations where employees can punch in or out using a geo-pin and radius, ensuring that only approved physical locations are used.
• Use a variety of standard reports to analyze workforce behavior and patterns.

Compliance

The Compliance module equips HR with compliance support and reporting and analytics.

Key capabilities:

• People Risk Management: PeopleStrategy partnered with Mineral to offer an end-to-end compliance solution with live support from compliance advisors, plus with tools, templates, and checklists to manage people risks.
• Integrated Reporting: Understand employee data and insights easily.
• ACA Compliance: Simplify ACA processes with available tools and ensure compliance with regulatory obligations.

Features:

• Monitor qualifications of new hires and existing employees.
• A single data storage system for all required and voluntary data for FLSA, EEO, FMLA, ACA, and ADA.
• Compliance services including Benefits Compliance, COBRA Administration with Broker of Record Services, New Hire Reporting, EEO Reports, Tax Filing, Year-End and Tax payment remittance services.

PeopleStrategy also offers Compliance Assistance tools, such as:

• Compliance and Risk Management: Access tools and a content library to maintain compliance and mitigate potential penalties.
• Learning Management System (LMS): Provide the necessary training courses for employees with an LMS.
• Client Self-Service Portal: A 24/7 online portal that grants access to the information and resources employees need.

Employee Benefits

PeopleStrategy engages actively with clients to execute their strategic plans. This module provides financial analysis and cost projections to aid in benefits strategy, funding decisions, and vendor selection.

Key capabilities:

• Benefits Administration: Go paperless with a streamlined digital open enrollment system.
• Health and Welfare: Personalized benefits packages can be tailored to your organization's needs, including traditional medical plans, voluntary benefits, and non-insured programs and services, with the aid of broker services.
• COBRA Administration: Broker of Record services alleviate administrative burden and reduce liability through real-time reporting, COBRA service management, and benefits advisors on call.
• Compliance Support: Broker of Record compliance support ensures your company avoids penalties by providing insights into organizational trends.
• Health and Wellness Analytics: Maximize your company's investment in health, wellness, and other benefits. Use broker-provided data analysis to create cost-effective benefits packages.
• Retirement and Wealth: Employee retirement plans that consider employees’ long-term plans and goals. Deal with less retirement planning and administrative burdens.

Features:

• Rates, coverages, deductions, and eligibility can be easily set up for plans.
• Unlimited benefit plans and coverages are supported.
• Benefits enrollment is completely online.
• Educational content and benefits plan materials are accessible 24/7.
• Employees can update their contributions to HSA and financial plans.
• Standard life event changes receive automated notice and routing.
• Benefits information is automatically forwarded to payroll and carriers.

Partners

Through their partners, PeopleStrategy offers products and services that further support HR professionals with compliance, non-insured benefits programs, and services and compensation planning.

PeopleStrategy has introduced several partnerships to offer employers access to products and services related to financial wellness, compensation, and people risk management.

PeopleStrategy review: What are the competitors of PeopleStrategy?

If you are looking for alternatives to PeopleStrategy, you may want to consider exploring the following options as well:

• ADP
• ADP Workforce Now
• SAP SuccessFactors
• UKG Pro
• HRone
• Oodo ERP
• peoplehum
• Oracle cloud HCM
• Workday software

PeopleStrategy review: Company overview

Headquarters address: 2035 Lincoln Hwy #1080, Edison, NJ 08817-3352, United States
Year established: 2002
Number of employees: 100+
Locations: Offices across the United States
Businesses served: 200+
Key people: Jim Prekop (Chief Executive Officer), Randy Cooper (Founder and Chief Strategy Officer), Raj Singh (Senior Vice President, Engineering), Holly Turner (Senior Vice President, Client Experience), Elsa Glorioso (Vice President, Insurance Services), Beth Hearn (Vice President, Human Resources), Michael Press (Vice President, Finance), Mike Browning (Director, Software R & D)

PeopleStrategy is a private organization headquartered in Edison, NJ, and has a service center located in Tampa, FL, in addition to virtual offices across the United States. PeopleStrategy’s mission is to offer businesses strategic guidance in building comprehensive benefit programs supported by advanced technology, enabling them to attract, retain and manage exceptional talent.

At PeopleStrategy, they are committed to the Clients for Life® approach. This is a long-term commitment made to their clients and employees alike, wherein every employee is dedicated to resolving clients' issues, assisting them in solving business problems, and maintaining a mutually beneficial relationship.

PeopleStrategy review: Does PeopleStrategy offer a free demo?

Yes. You may request a free demo from PeopleStrategy through their website.

PeopleStrategy review: What companies use PeopleStrategy?

PeopleStrategy is suitable for companies with 50 to 500 employees and is flexible to accommodate a company’s changing business needs.

Among their clients are:

• UPS
• Colavita
• DREAM Charter School

PeopleStrategy review: Is PeopleStrategy the right fit for your organization?

PeopleStrategy is a great fit for small and mid-sized companies that are looking for a highly configurable HCM software solution – one that allows them to scale up or down as needed. PeopleStrategy is flexible and customizable enough to cater to the needs of both basic users and those who require more advanced functionality.

Do you feel like there are too many HCM platforms to choose from? This article can help you figure out what factors to consider when selecting an HCM software that suits your company's needs. If you are still unsure, you can check out our HR software reviews to get a better idea of all the available options.

Do you have experience with PeopleStrategy? Let us know your own review of this HCM software in the comments section below.