HR software pricing is fragmented: Workday dominates enterprise with a $1M+ per year all-in-one platform. ADP charges per employee (scales with headcount). BambooHR is cloud-first for mid-market (flat rate regardless of features). This comparison shows real costs for 50-person, 200-person, and 500-person companies — and which platform actually wins at each stage.
| Platform | Pricing Model | 50-person company | 200-person company |
|---|---|---|---|
| ADP Workforce Now | Per employee ($5–12/mo) | $3,000–7,200/yr | $12,000–28,800/yr |
| BambooHR | Flat rate + modules | $1,500–3,000/yr | $2,400–6,000/yr |
| Workday | Enterprise contract | $200K–500K/yr (too expensive) | $400K–800K/yr |
ADP Workforce Now: $7/employee/mo × 50 = $4,200/yr + payroll processing = $600/yr + tax filing = $400/yr = $5,200/yr
BambooHR: $2,000/yr base + 2 modules (Benefits Admin $500, Performance $300) = $2,800/yr
Workday: Minimum contract $300K/yr (not realistic for 50-person company)
Winner: BambooHR (46% cheaper than ADP)
ADP Workforce Now: $9/employee/mo × 200 = $21,600/yr + payroll processing ($1,200/yr) + tax filing ($600/yr) = $23,400/yr
BambooHR: $3,000/yr base + Benefits ($500) + Performance ($300) + Payroll integration ($400) = $4,200/yr (BambooHR payroll integration costs extra, true payroll handled by Guidepoint or ADP directly)
Workday: $500K–800K/yr (standard enterprise contract). Only justified if also replacing Finance (Workday Financials: +$300K–500K).
Winner: BambooHR (82% cheaper than ADP for HR only)
ADP Workforce Now: $10/employee/mo × 500 = $60,000/yr + enhanced payroll ($2,000/yr) + global compliance ($3,000/yr) = $65,000/yr
BambooHR: $5,000/yr base + full module suite (5× $400/module = $2,000) + premium support ($1,000) = $8,000/yr (still 8x cheaper than ADP, but payroll must be integrated separately)
Workday: $1M–1.5M/yr (full suite: HR + Payroll + Financials). Still 15-20x more expensive than ADP alone.
Winner: BambooHR if HR-only. Workday if replacing Finance/Accounting too.
Critical insight: BambooHR is HR-only (employee data, benefits, performance, time off). ADP and Workday include payroll processing. If you're comparing BambooHR to ADP, you need BOTH BambooHR + a separate payroll provider (ADP, Guidepoint, Rippling). This changes the cost equation.
For a 200-person company:
| Company Size | Best Solution | Annual Cost |
|---|---|---|
| Startup (10–50) | BambooHR + Guidepoint payroll | $2–4K/yr |
| Growth (50–200) | BambooHR + ADP payroll | $9–12K/yr |
| Mid-market (200–500) | ADP Workforce Now (all-in) | $23–50K/yr |
| Enterprise (500+) | Workday (if replacing finance too) | $500K–1.5M/yr |
ADP, Workday, and other HR tools increase prices annually. Get alerts when your HR software raises prices.
Use our 2023 vs 2026 comparison tool to see your exact extra annual cost on SaaS price hikes.
Calculate My Team's Overspend