15Five vs Paymo
A head-to-head comparison to help you pick the right tool
Last updated: April 30, 2026
15Five
15Five is a continuous performance management platform focused on weekly check-ins, OKRs, and employee engagement. It helps managers stay connected with their teams through structured feedback and recognition tools. 15Five is popular with remote and distributed teams that need async communication tools.
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
- ✓Simple and intuitive weekly check-in format that drives adoption
- ✓Strong OKR and goal-setting tools
- ✓Excellent manager training and coaching resources
- ✓Good engagement survey tools with benchmarking
Cons
- ✗Limited HR functionality beyond performance and engagement
- ✗No payroll or benefits administration
- ✗Reporting could be more advanced for data-driven HR teams
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
15Five vs Paymo: Side by Side
| Factor | 15Five | Paymo |
|---|---|---|
| User Rating | N/A | N/A |
| Category | HR Software | Project Management |
| Pricing Model | Paid | Freemium |
| Starting Price | $4/user/mo | Contact for pricing |
| Best For | Companies focused on employee engagement and performance | Freelancers and small agencies needing project management combined with time tracking and client invoicing |
| Our Pick | — | — |
15Five Features
- ✓Weekly check-ins
- ✓OKRs
- ✓performance reviews
- ✓engagement surveys
- ✓manager training
Paymo Features
- ✓Project management
- ✓time tracking
- ✓invoicing
- ✓expense tracking
- ✓team collaboration
- ✓client portal
Pricing Comparison
Our Take
Choose 15Five if companies focused on employee engagement and performance. Choose Paymo if freelancers and small agencies needing project management combined with time tracking and client invoicing.
Best For
Companies focused on employee engagement and performance
Best For
Freelancers and small agencies needing project management combined with time tracking and client invoicing
Also Consider
If neither 15Five nor Paymo is the right fit, Justworks is worth evaluating.
Justworks
Small businesses wanting Fortune 500 benefits
From $59/employee/mo
Frequently Asked Questions
What is the difference between 15Five and Paymo?
15Five is best for companies focused on employee engagement and performance. Paymo is best for freelancers and small agencies needing project management combined with time tracking and client invoicing.
Which is better, 15Five or Paymo?
Choose 15Five if companies focused on employee engagement and performance. Choose Paymo if freelancers and small agencies needing project management combined with time tracking and client invoicing.
How much does 15Five cost?
15Five starts at $4/user/mo. Pricing model: Paid.
How much does Paymo cost?
Visit Paymo website for current pricing.
Who should use 15Five?
Companies focused on employee engagement and performance
Who should use Paymo?
Freelancers and small agencies needing project management combined with time tracking and client invoicing