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.