Is annual payroll software cheaper than paying monthly?
Yes. TimelessHR's annual plans cost less than paying the equivalent monthly plan for 12 months. Businesses planning to use TimelessHR throughout the year can therefore reduce their software cost by choosing annual billing.
A mandatory US$50 setup, onboarding and training fee applies to new customers regardless of whether they choose monthly or annual billing.
| Employees | Monthly × 12 | Yearly | Annual Saving |
|---|---|---|---|
| Up to 100 | $240 | $200 | $40 |
| Up to 200 | $420 | $350 | $70 |
| Up to 300 | $624 | $520 | $104 |
| Up to 1,000 | $2,148 | $1,669 | $479 |
| Up to 2,000 | $4,068 | $3,300 | $768 |