Shareworks vs Hibob

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Our analysts compared Shareworks vs Hibob based on data from our 400+ point analysis of HR Management Software, user reviews and our own crowdsourced data from our free software selection platform.

Shareworks Software Tool
Hibob Software Tool

Product Basics

Shareworks is a comprehensive software solution designed to streamline HR management tasks, particularly focusing on equity plan administration. It is most suited for companies of all sizes that need to manage employee stock options, restricted stock units, and other equity compensation plans efficiently. The platform offers robust features such as real-time reporting, compliance tracking, and seamless integration with payroll systems, making it a valuable tool for HR departments. One of the key benefits of Shareworks is its ability to simplify complex equity management processes, reducing administrative burden and ensuring accuracy. Users appreciate the intuitive interface and the detailed analytics that provide insights into employee engagement and plan performance. Compared to similar products, Shareworks is often praised for its user-friendly design and comprehensive support services. Pricing for Shareworks varies based on the size of the company and the specific features required, typically involving a subscription model with annual payments. This flexibility allows businesses to scale their usage according to their needs, making it a cost-effective solution for managing equity compensation.
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Bob, by Hibob is a people management solution that simplifies attendance, onboarding, performance and helps businesses adopt a fresh approach to enhance the employee experience. Its engagement tools and actionable insights help human resources professionals adopt a data-driven technique to decision-making. It helps customize reports, dashboards and provides access to its documents hub to automate paperwork.

Its ongoing support, combined with seamless integrations, makes it accessible for employees and managers. It is data-oriented and is designed to help businesses excite, attract, develop and retain their best talent. It focuses on changing how modern businesses engage and interact with their employees.

It lets companies interact with their employees from anywhere, creating a sense of unity. Some of its capabilities include shout-outs, club views, an optional benefits store and surveys. Seamless integrations with external modules like Comeet, Slack, onelogin, Workable, Google Calendar and more help adapt to growth.
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$3/User, Monthly
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$16/Employee, Monthly
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Product Assistance

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Product Insights

  • Streamlined Equity Management: Simplifies the administration of equity plans, reducing manual errors and saving time for HR teams.
  • Enhanced Employee Engagement: Provides employees with easy access to their equity information, fostering a sense of ownership and motivation.
  • Regulatory Compliance: Ensures adherence to global regulatory requirements, minimizing the risk of non-compliance and associated penalties.
  • Data-Driven Insights: Offers robust reporting and analytics tools, enabling data-driven decision-making and strategic planning.
  • Scalability: Adapts to the needs of growing companies, supporting a wide range of equity plans and participant numbers.
  • Cost Efficiency: Reduces administrative costs by automating complex processes and minimizing the need for manual intervention.
  • Improved Accuracy: Ensures precise tracking and management of equity grants, vesting schedules, and transactions.
  • Global Reach: Supports multinational organizations with features tailored to different countries' tax and legal requirements.
  • Employee Self-Service: Empowers employees to manage their equity plans through a user-friendly portal, reducing HR workload.
  • Integration Capabilities: Seamlessly integrates with other HR and financial systems, ensuring data consistency and reducing duplication of efforts.
  • Audit Readiness: Maintains detailed records and audit trails, facilitating easier and more efficient audits.
  • Customizable Solutions: Offers flexible configurations to meet the unique needs of different organizations and equity plans.
  • Real-Time Updates: Provides real-time updates on equity transactions and valuations, ensuring stakeholders have the most current information.
  • Security and Privacy: Employs advanced security measures to protect sensitive employee and company data.
  • Employee Education: Includes resources and tools to help employees understand their equity plans and make informed decisions.
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  • User-Friendly UI: Offers a user-friendly UI that strengthens company culture by fostering meaningful professional and social relationships. Create social profiles, share company news and acknowledge employee achievements with shout-outs or kudos. Boost employee motivation with regular appreciation to enhance their productivity. 
  • Supports Non-Traditional Businesses: Designed to support non-traditional and fast-growing organizational structures spread across countries with in-house and remote teams. Track multiple holiday calendars, currencies and customize workflows with fields to meet local needs and practices. Users can scale it to match their growing businesses with key statistics, individual newsfeeds and local information. 
  • Streamlines Core HR Processes:  Automation streamlines a company’s core HR processes and provides a customized onboarding mechanism. Track time and attendance easily while freeing-up HR professionals to focus on complex tasks. Closely monitor changing employee sentiment with optional surveys. Enhance HR performance and amplify employee experiences with crucial business metrics. 
  • Customizable: Users can customize it to meet their unique business needs with minimum assistance. Manage employees while growing from a small business to an enterprise. Scale and modify processes of a growing organization with site settings, customizable processes, workflows and time-off policies. Adapt to local cultures of multiple countries, including workplace customs and national holidays. 
  • Integrations: Offers native integrations with applicant tracking systems like Workable, Greenhouse, Levera and Workable to streamline recruitment processes. Integrates with third-party collaboration tools, including Slack, Microsoft Azure, Microsoft Teams, G-Suite and more. 
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  • Equity Plan Management: Comprehensive tools for managing various types of equity plans, including stock options, restricted stock units (RSUs), and employee stock purchase plans (ESPPs).
  • Global Compliance: Ensures adherence to local regulations and tax laws across multiple jurisdictions, reducing the risk of non-compliance.
  • Participant Portal: A user-friendly interface for employees to view and manage their equity holdings, exercise options, and track vesting schedules.
  • Real-Time Reporting: Advanced reporting capabilities that provide real-time insights into equity plan performance, participant activity, and financial impact.
  • Automated Workflows: Streamlines administrative tasks with automated processes for grant issuance, vesting, and option exercises.
  • Integration Capabilities: Seamlessly integrates with HRIS, payroll, and financial systems to ensure data consistency and accuracy.
  • Customizable Dashboards: Personalized dashboards that allow administrators to monitor key metrics and access critical data at a glance.
  • Mobile Access: Mobile-friendly platform enabling participants to manage their equity plans on-the-go via smartphones and tablets.
  • Tax Optimization Tools: Features that help participants and administrators optimize tax outcomes related to equity transactions.
  • Audit Trails: Detailed audit logs that track all changes and transactions, ensuring transparency and accountability.
  • Employee Education Resources: Comprehensive educational materials and tools to help employees understand their equity compensation and make informed decisions.
  • Data Security: Robust security measures, including encryption and multi-factor authentication, to protect sensitive information.
  • Scalability: Designed to accommodate the needs of companies of all sizes, from startups to large enterprises.
  • Support Services: Access to dedicated support teams and resources to assist with implementation, troubleshooting, and ongoing management.
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  • Automation: Automate time and attendance approvals and reports through its central hub. Simplify clocking in and out for remote and frontline teams. Monitor and manage employee work hours in a streamlined and transparent manner. Monitor attendance reports, work cycles and approve hours while ensuring accuracy and timeliness. Ease payroll generation worries with full views of attendance information and editing abilities. 
  • Onboarding: Set up multiple onboarding flows tailored to meet staff requirements. Gather accurate employee information for onboarding talent profiles to get new recruits started immediately. Automate processes and personalize them to cater to a diverse talent pool. Offer new employees insight into company culture before their starting day. Lets new employees complete their paperwork and document uploads during pre-onboarding to start the first day productively. 
  • Payroll Management: Users can prepare crucial employee data for the payroll system of their choice. Pay employees spread across multiple locations accurately with its flexible integration. Verify and collect payroll data for accuracy. Generate payroll information and benefits from data stored within the solution. Monitor employee changes throughout the payroll cycle to update data. Verify changes in payroll through visual dashboard tracking before running payroll. 
  • Performance Management: Configure performance review cycles and preview new cycles according to their suitability. Customize reminders, settings and messages throughout review cycles. Get a holistic view of staff by including their career timelines and multiple perspectives into the review mechanism. Set an anonymous review system to enhance response quality. Empower staff to select peer reviewers on their own. 
  • Reporting: Automated HR analytics help companies make smart and data-backed HR decisions. Send HR reports monthly with real-time information. Select templates to download or view HR insights. Receive reports, analysis and real-time data with advanced filter capabilities. Analyze employee status and business trends for easy decision making. 
  • Engagement Surveys: Understand staff attitudes and perceptions with real-time analytics. Employees get a platform to voice opinions for ongoing surveys as part of feedback architecture. Monitor employee lifecycle events and milestones in real-time. Boost employee engagement and satisfaction with a wholesome approach towards enriching employee experiences. 
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Product Ranking

#121

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#316

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User Sentiment Summary

Good User Sentiment 14 reviews
Great User Sentiment 255 reviews
74%
of users recommend this product

Shareworks has a 'good' User Satisfaction Rating of 74% when considering 14 user reviews from 1 recognized software review sites.

88%
of users recommend this product

Hibob has a 'great' User Satisfaction Rating of 88% when considering 255 user reviews from 4 recognized software review sites.

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4.3 (178)
3.71 (14)
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4.5 (51)
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4.3 (7)
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4.8 (19)

Synopsis of User Ratings and Reviews

Easy to Use: Users consistently praise Shareworks for its intuitive interface, making it easy to navigate and manage employee equity plans, even for those with limited experience.
Streamlined Administration: Shareworks simplifies the administration of equity plans, automating tasks like grant issuance, vesting calculations, and reporting, freeing up HR teams to focus on other priorities.
Comprehensive Reporting: The platform provides detailed reports on equity plan activity, allowing HR to track key metrics, analyze trends, and make informed decisions about compensation and equity strategies.
Excellent Customer Support: Users consistently highlight the responsiveness and helpfulness of Shareworks' customer support team, providing timely assistance and resolving issues efficiently.
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User Experience: HiBob is known for its modern and intuitive design, making it easy for HR professionals to navigate and use effectively.
Employee Engagement: The platform includes features that specifically focus on boosting employee engagement, recognition, and performance.
Comprehensive Solution: HiBob offers a wide array of HR functionalities, covering everything from onboarding to performance management and analytics.
Customization: Users can tailor workflows and tasks within HiBob to align with their specific needs, without constant reliance on HiBob's support team.
Data Insights: HiBob provides robust reporting and analytics features, giving HR teams valuable data-driven insights to inform decision-making.
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Limited Reporting Options: Some users have found the reporting features to be limited, making it difficult to track key metrics like employee engagement or performance.
Steep Learning Curve: The platform can be complex to navigate, especially for new users, requiring significant time investment to master its functionalities.
Lack of Customization: Users have expressed frustration with the limited customization options, making it challenging to tailor the platform to their specific HR needs.
Integration Challenges: Integrating Shareworks with other HR systems can be a cumbersome process, leading to data inconsistencies and potential errors.
Customer Support Issues: Some users have reported difficulties reaching customer support or experiencing long wait times for assistance.
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Onboarding Functionality: HiBob's onboarding features are considered less comprehensive compared to its other functions, which might create extra work for HR during employee onboarding.
Support Reliability: Some users have expressed concerns about the consistency and responsiveness of HiBob's customer support, potentially causing delays in issue resolution.
Sales Promise Fulfillment: There have been instances where users felt that the promises made by the sales team during the initial purchase were not fully met, leading to potential dissatisfaction with the product's delivery.
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Is Shareworks really share-worthy, or does it need a performance review? User reviews from the past year present a mixed bag when it comes to Shareworks. Some users appreciate the platform's intuitive design and robust reporting capabilities, highlighting how it simplifies complex equity plans and provides a clear audit trail. For example, one user praised the software's ability to model different forecasting scenarios, which helped them make informed decisions about their equity compensation. However, other users have voiced concerns about the platform's customer support and occasional technical glitches. One user specifically mentioned experiencing difficulties integrating Shareworks with their existing HRIS system, leading to delays and frustration. This disparity in experiences suggests that Shareworks's suitability hinges on specific needs and expectations. Shareworks seems to be a good fit for publicly traded companies or large private companies with sophisticated equity compensation plans, especially those already familiar with Morgan Stanley's suite of financial services. Its strengths lie in its comprehensive features, detailed reporting, and integration with other Morgan Stanley products. However, smaller businesses or those with simpler equity structures might find the platform's complexity and cost outweigh its benefits. Ultimately, deciding whether Shareworks truly "works" for your organization requires careful consideration of your specific requirements and a thorough assessment of its capabilities against your needs.

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User reviews from the past year indicate that HiBob is a breath of fresh air in the realm of HR software. Users consistently praise its intuitive and user-friendly interface, which simplifies complex HR tasks and reduces administrative burden. One user, for example, raved about the platform's ability to streamline data management, making it a "breeze" to compile and organize employee information. This ease of use is a key differentiator for HiBob, as many competing products are often bogged down by clunky interfaces and convoluted workflows. However, some users have pointed out that while HiBob excels in many areas, its onboarding features could use some improvement. Despite this, the software's strengths, such as its robust reporting and analytics, customizable workflows, and comprehensive employee database management, have earned it a reputation as a powerful and flexible HR solution. Users particularly appreciate the platform's ability to generate custom reports, providing valuable insights into workforce trends and employee performance. Overall, HiBob is best suited for small to mid-sized businesses, especially those with a globally distributed workforce, that are looking for a modern, agile, and employee-centric HR solution. Its intuitive design, coupled with its comprehensive suite of features, makes it an ideal choice for organizations aiming to streamline HR processes, enhance employee engagement, and gain a competitive edge in today's rapidly evolving business landscape.

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