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Ratescalc.com Review

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Excellent

Revainrating 5 out of 5  
Rating 
5.0
HR, HR Compliance

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Description of Ratescalc.com

Ratescalc is an Australian made, unique and powerful software platform that is essential for any business including recruitment or labour hire or group training companies that want to automate their workflow and ensure legal wages and payroll compliance, rate accuracy and efficiency. If you want to ensure that you are paying staff correctly, your wages processing is perfect or you are supplying labour hire materials professionally, Ratescalc protects both your operating profit and your industry reputation. Ratescalc is the software that monitors Fair Work Modern Awards, updates any increases and changes in real time ensuring that your payroll is processed in accordance with legal standards and requirements. The application also manages margins that can be set, employment contracts that can be linked to awards and pay rates. We are proudly owned and operated in Australia. Sound good? We think so.

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Type of review

Revainrating 5 out of 5

Useful tool for any HR professional

We are using this product in our recruitment agency since last 4 years now. It has helped us in lot of ways - from creating ratesheet as per industry standards to calculating wage slip etc. The UI needs some improvements. Sometimes it takes time to load up with lots of data which gets irritating at times when you need quick results. I would say go ahead if your work flow involves hourly/daily/weekly salary calculations. Its definitely worth trying out! Rate calculation was one area where we…

Pros
  • Great database size
  • Easy process for inputting wages, benefits information (for all employees)
  • Detailed reporting options available.
  • Reporting is easy too compare previous periods or year wise reports
Cons
  • I will keep silent