
How much do HRIS systems cost?
Asking that question is like asking how much does a house cost. The prices of HRIS applications can vary tremendously. HR systems for Fortune 500 companies can run in the tens of millions of dollars and above. On the other end of the curve, there are HR and Payroll applications that can cost less than a thousand dollars. The cost will usually come down to the platform the system is running on, the number of employees you are tracking, and the features you select. Some HR software vendors offer services where they host your data on the web for so much per employee per month. The bottom line is there are many HR applications available on the market for pretty much any budget range.