Paycor vs Wave Payroll
A detailed comparison of Paycor and Wave Payroll. See how they stack up on features, pricing, and user ratings.
At a Glance
| Paycor | Wave Payroll | |
|---|---|---|
| Rating | 4.0/5 | 4.1/5 |
| Starting Price | N/A | $40/mo |
| Free Trial | No | Yes |
| Free Plan | No | No |
| Features | 9 | 7 |
| Best For | Mid-Market | SMB |
Key Differences
Paycor and Wave Payroll share 7 features. Paycor has 2+ unique features.
Only in Paycor
- Slack Integration
- Zapier Integration
Paycor
Unified HCM platform offering payroll, HR, recruiting, onboarding, and talent management for mid-market US businesses with 50-1,000 employees.
Wave Payroll
Affordable payroll solution from Wave, designed for small businesses and freelancers already using Wave's free accounting software.
Feature Comparison
| Feature | Paycor | Wave Payroll |
|---|---|---|
| Workflow Automation | ||
| Reporting Dashboard | ||
| EEO/OFCCP Compliance | ||
| GDPR Compliance | ||
| API Access | ||
| HRIS Integration | ||
| Slack Integration | ||
| Zapier Integration | ||
| Mobile App |
Pricing Comparison
Paycor
Wave Payroll
Integrations
Both tools integrate with
Only Paycor
Only Wave Payroll
Pros & Cons
Paycor
Pros
- +Unified platform covering both payroll and HR in a single system
- +Strong US payroll with automated tax compliance
- +Guided analytics help non-technical HR teams use data effectively
- +Good talent acquisition module for mid-market needs
Cons
- -Primarily US-focused with no international payroll
- -Custom pricing — no transparency on costs
- -Implementation can take 4-8 weeks for the full suite
- -User interface is functional but not as modern as newer platforms
Wave Payroll
Pros
- +Seamless integration with Wave's free accounting and invoicing
- +Affordable pricing for very small teams
- +Direct deposit and automatic payroll tax calculations
- +Simple interface designed for non-accountants
Cons
- -Full tax-service payroll limited to certain US states
- -No HR features — purely payroll
- -Fewer features than competitors like Gusto at a similar price point
- -No benefits administration
Which Should You Choose?
Choose Paycor if:
- • Your company is Mid-Market size
- • You need a more feature-rich solution (9 vs 7 features)
- • Unified platform covering both payroll and HR in a single system
Choose Wave Payroll if:
- • Your company is SMB size
- • You want to try before committing (free trial available)
- • Higher user ratings matter to you (4.1 vs 4.0)
- • Seamless integration with Wave's free accounting and invoicing
How we evaluate tools
Our ratings combine verified user reviews from G2 and Capterra with hands-on feature analysis. Pricing is checked against official sources. We may earn a commission through affiliate links, but this never influences our rankings or recommendations. Read our full methodology.