Shareworks vs Personio

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Our analysts compared Shareworks vs Personio 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
Personio 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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Personio is a comprehensive software solution designed to streamline HR management tasks, including recruitment, payroll, and employee data management. It is particularly well-suited for small to medium-sized enterprises seeking to enhance their HR processes with a user-friendly and efficient platform. The software's intuitive interface and robust functionality make it an attractive option for businesses aiming to optimize their human resources operations without the complexity often associated with larger systems.

Key benefits of using Personio include improved organizational efficiency, reduced administrative burden, and enhanced data accuracy. Popular features encompass applicant tracking, performance reviews, and time tracking, all integrated into a cohesive system. Users frequently commend its ease of use and the seamless integration of various HR functions, which contribute to a more streamlined workflow.

In terms of pricing, Personio typically operates on a subscription model, with costs varying based on the number of employees and selected features. This flexible pricing structure allows businesses to scale the service according to their specific needs, ensuring cost-effectiveness. Compared to similar products, Personio is often praised for its balance of functionality and simplicity, making it a preferred choice for many organizations.

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$3/User, Monthly
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24/7 Live Support
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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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  • Data Security: All personnel data and analytics are secure from theft and tampering, in compliance with EU General Data Protection Regulation. 
  • Accessibility: Employees can apply for absences on the go and have them approved by managers. 
  • Tailor-Made Plan: Access a detailed project plan customized according to business requirements to make the best use of all capabilities quickly. 
  • Automation: Allow automation of various core HR processes and enable the automatic flow of salary, hourly wages and bonuses to payroll. 
  • Time Saving: With efficient HR processes and an overview for all employees’ performance, save time to improve productivity by focusing on more pressing matters. 
  • Deliver on Time: Ensure timely delivery of tasks and minimal missed deadlines with automated reminders to employees and executives for tasks and to-dos. 
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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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  • Payroll: Access all personal data in a centralized location. Employees can also make changes to their master data to ensure accuracy. 
  • Performance Management: Record performance, define qualitative or quantitative individual goals and document them. Results from linked goals and bonuses can be shared automatically with payroll. 
  • On-boarding: View onboarding tasks centrally and send automatic reminders for tasks. Minimize the effort for coordination with automated onboarding. 
  • Digital Personnel File: Store and access all personnel data in compliance with laws and regulations in a centralized database. Set access rights defining who can view and change personnel data. 
  • Time Tracking: Records and calculates working hours accurately with supervisor confirmation. Also evaluates working hours using reports and reminds executives of outstanding permits. 
  • Employee Self Service: Allow employees to: 
    •  View and update their personnel data, working hours and absences. 
    •  Request vacation. 
    •  Access an overview of payslips, remaining vacation time and job references. 
  • Reporting and Analytics: Enable smarter decision-making and strategize personnel processes and planning based on predefined or customized reports. 
  • Integrations: Improve efficiency by connecting with third-party applications like DateV, askDante, Boomr, Circula and more. 
  • Workflows: Simplify the approval process and save time by using templates. Also allows electronic signature for documents. 
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Product Ranking

#121

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#361

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User Sentiment Summary

Good User Sentiment 14 reviews
Great User Sentiment 396 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.

87%
of users recommend this product

Personio has a 'great' User Satisfaction Rating of 87% when considering 396 user reviews from 4 recognized software review sites.

n/a
4.4 (134)
3.71 (14)
4.31 (131)
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4.4 (128)
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4.25 (3)

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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Intuitive Interface: Many users praise Personio for its user-friendly interface, finding it easy to navigate and use for tasks like managing employee data, tracking absences, and generating reports.
Automation Capabilities: Personio's automation features are a big plus for users, as they streamline tasks such as onboarding new hires, managing approvals, and tracking time off, freeing up HR staff to focus on more strategic initiatives.
Comprehensive Reporting: Users appreciate the detailed reports generated by Personio, which provide valuable insights into workforce data, such as employee turnover, performance trends, and compensation analysis.
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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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Reporting limitations: Users express frustration with the limited reporting functionalities, particularly the inability to generate comprehensive reports without exporting data to other tools.
Complex user interface: Some users find the platform's interface difficult to navigate, especially when trying to locate specific functionalities or complete tasks quickly.
Customer support challenges: There are reports of delayed response times and difficulties in getting support for technical issues, leading to frustration among users who require prompt assistance.
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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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Is Personio the personal touch your business needs to manage its people? User reviews from the last year suggest that Personio is a user-friendly HR software with a wide range of features, making it a popular choice for businesses of all sizes. Reviewers praise its ease of use, flexibility, and customer support. Some users highlight the software's ability to integrate with other business systems, simplifying data management and saving time. Others appreciate the comprehensive nature of Personio, covering most aspects of HR, from recruitment and onboarding to payroll and performance management. This all-in-one approach makes it a valuable tool for streamlining HR processes and improving efficiency. However, some users point out that Personio's pricing can be a bit steep, especially for smaller businesses. Despite this, many believe the software's extensive features and functionality justify the investment for most organizations. Personio seems best suited for small and medium-sized enterprises (SMEs) looking for a comprehensive and user-friendly HR solution. Its ability to centralize and automate various HR tasks, coupled with its strong customer support, makes it a valuable asset for businesses seeking to optimize their HR operations and free up time for more strategic initiatives.

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