Employment Hero vs Paymo

Employment Hero

Employment Hero is an all-in-one HR, payroll, and benefits platform with a strong presence in Australia and New Zealand. It offers a free HR plan alongside paid payroll and benefits modules, making it accessible for businesses at any stage. Employment Hero also operates a job marketplace called Swag for employees.

Paymo

Paymo is a project management and time tracking tool built for freelancers and small agencies. It combines task management, time tracking, invoicing, and resource scheduling in one platform.

Pros

• ✓Free HR plan available with core employee management features
• ✓Strong compliance tools for Australian and NZ employment law
• ✓All-in-one platform covering HR, payroll, and benefits
• ✓Employee benefits marketplace with discounts and perks

Cons

• ✗Payroll module costs extra and is best suited for AU/NZ companies
• ✗Limited support and compliance coverage outside Australia and New Zealand
• ✗Some users report the platform can feel complex to navigate

Pros

• ✓Built-in time tracking and invoicing
• ✓Good resource scheduling
• ✓Ideal for client-facing work
• ✓Affordable pricing
• ✓Clean interface

Cons

• ✗Not suited for large enterprise teams
• ✗Limited automation
• ✗Smaller integration ecosystem
• ✗Reporting less robust than competitors

Employment Hero Features

• ✓HR management
• ✓payroll
• ✓benefits
• ✓recruitment
• ✓learning
• ✓employee engagement

Paymo Features

• ✓Project management
• ✓time tracking
• ✓invoicing
• ✓expense tracking
• ✓team collaboration
• ✓client portal

Best For

Australian and NZ businesses needing full HR suite

Best For

Freelancers and small agencies needing project management combined with time tracking and client invoicing