Shareworks vs UZIO

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Our analysts compared Shareworks vs UZIO 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

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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UZIO is a SaaS marketplace that provides cloud-based capabilities for HR, payroll, benefits management and other services. Integrated modules enable regional brokers, employees and employers to access the platform through single sign-on. It helps employers go paperless and navigate employee management complexities in a few clicks.

Automated administrative tasks, compliance features, cost and time management, and recordkeeping give managers more time to focus on the growth of the organization, as well as improve employee satisfaction and productivity.
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$3/User, Monthly
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$2.50/Employee, Monthly
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Tailored to your specific needs
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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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  • Easy and Quick Onboarding: Facilitate an easy, quick and smooth onboarding experience. Upload, configure and view offer letters and agreement templates. New hires have quick, online access to all hiring documents including offer letters, agreement, handbooks and other documents. 
  • Free Trial: Use for 30 days with no obligation to share credit card details to see if it’s worth an investment before committing. 
  • Drive Revenue: Recruiting and retaining the best talent and identifying cost-saving opportunities can help boost revenue. 
  • Synchronized 401(k) Plans With Payroll: A partnership with TAG Resources syncs 401(k) plans with the payroll system. It requires no maintenance and employee contributions get automatically deducted in all pay cycles. Employees can choose from several 401(k) plans for tax benefits and savings. 
  • Engages and Retain Employees: Effective tools for payroll and benefits management help build employee-employer relationships and enhance satisfaction, resulting in higher employee engagement and retention. 
  • Synchronized With Benefits: End-to-end integration enables deductions related to employee benefits to flow automatically into the payroll system without any manual intervention. 
  • Intuitive Dashboard: View and share dashboards, monitor payroll processing and HR activities, gain detailed insights, and plan accordingly. 
  • Self-Service: Employees can access their pay stubs, contractor 1099s and W-2s on the platform anytime, reducing the burden on HR staff. 
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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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  • Tax Administration: Payroll experts handle all state and federal taxes for users, filing taxes with the appropriate government agencies at the time of running payroll. 
  • Automatic Salary Changes: The payroll system processes automated salary changes each time an update is made to an employee’s compensation. 
  • Benefits: Users can access a consolidated list of premium carrier benefits along with broker partners that they can customize to match their situation. 
  • Onboarding and Off-Boarding: Tools for application tracking, reminders and alerts, document sharing, and task assignment facilitates easy and quick onboarding and off-boarding. 
  • Time Off Tracking: Automates processes to reduce the efforts and time involved in PTO while improving accuracy. It lets users automatically create, manage and view employee leave policies via the PTO tool. 
  • Garnishments: The payroll system supports fund payments to agencies in the child support domain only. It is necessary for employees to have garnishments that can be deducted straightaway from the employee’s paycheck. 
  • Decision Support System: Performs a thorough analysis of answers and feedback from employees on health-related needs. It then uses this information to make recommendations for health benefit plans. 
  • Payroll Tax Management: Payroll experts that stay updated with the latest changes in regulations and tax laws are available to help users understand and efficiently manage payroll taxes. 
  • Multiple Earnings: Users can choose from a predefined list or create their earnings based on what their business needs. 
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Product Ranking

#121

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#109

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User Sentiment Summary

Good User Sentiment 14 reviews
Excellent User Sentiment 280 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.

90%
of users recommend this product

UZIO has a 'excellent' User Satisfaction Rating of 90% when considering 280 user reviews from 4 recognized software review sites.

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4.4 (85)
3.71 (14)
4.53 (95)
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4.5 (95)
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5.0 (5)

Awards

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UZIO stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

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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Streamlined Onboarding: New hires can electronically complete and sign documents like W-4s and I-9s before their first day, saving time for both HR and employees.
Centralized Employee Data: UZIO provides a single platform for storing and managing employee information, including payroll, benefits, and time-off requests, reducing the need for multiple systems and spreadsheets.
Automated Payroll: The platform automates payroll calculations and tax filings, minimizing the risk of errors and ensuring compliance with regulations. This can be a significant time-saver for HR teams.
Benefits Administration: UZIO simplifies the process of enrolling employees in benefits plans and managing changes, such as adding dependents or updating coverage levels.
Time and Attendance Tracking: Employees can easily track their time worked, request time off, and view their accrual balances, while managers can approve requests and monitor attendance data.
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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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Limited Customization: UZIO's payroll features may lack the flexibility needed for complex compensation structures or unique business requirements.
Learning Curve: The platform's interface can feel overwhelming for new users due to its extensive features and functionalities.
Mobile App Limitations: The mobile app may not offer the full range of features available on the desktop version, potentially hindering on-the-go HR management.
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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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UZIO has carved out a niche for itself in the crowded HR software market. Users frequently highlight its intuitive interface and comprehensive suite of features as standout qualities. The platform's ease of use, even for those with limited technical expertise, is a recurring theme in user feedback. This user-friendliness is attributed to the platform's logical layout and clear instructions, making it simple to navigate and complete tasks. UZIO's extensive features, encompassing everything from payroll and benefits administration to talent management and employee onboarding, are also praised for their depth and effectiveness. Users appreciate the ability to manage all HR functions within a single platform, eliminating the need for multiple software solutions. However, UZIO is not without its drawbacks. Some users point out occasional glitches and slow loading times as areas for improvement. These performance issues, while infrequent, can disrupt workflow and cause frustration. Additionally, the platform's extensive customization options, while generally seen as a strength, can be overwhelming for some users who prefer a more streamlined experience. Despite these shortcomings, UZIO is generally considered a reliable and valuable tool for businesses of all sizes. Its user-friendly design, comprehensive features, and strong customer support make it a compelling option for organizations seeking to streamline their HR processes. The platform is particularly well-suited for small to medium-sized businesses that require a robust HR solution but may not have dedicated IT staff.

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