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HR & People

Paychex vs Workday: Pricing Comparison 2026

Side-by-side pricing comparison of Paychex and Workday. See all plans, features, and costs at a glance.

Bottom line: Paychex starts at $20/mo and Workday starts at Custom pricing. Compare all 6 pricing tiers side by side.

Last updated: July 2, 2026

Data compiled by Arthur Jacquemin
Updated July 2, 2026
Try Paychex freeTry Workday freeUpdated this monthUpdated this month
Best Value

Paychex - Paychex offers a free plan, offers 4 tiers vs 2.

Paychex vs Workday: Quick Pricing Facts

FeaturePaychexWorkday
Starting Price$20/moCustom pricing
Number of Plans42
Free TierYesNo
Pricing Modelper-seatper-seat
Annual DiscountN/AN/A

Paychex and Workday are both priced at $20/mo, making them equally accessible HR & People tools. Together they offer 6 pricing plans with 17 features compared, so the best choice comes down to which features match your needs.

Paychex stands out with a free plan for getting started.

Review the detailed tier-by-tier comparison above to see exactly which features are included at each price point and find the best fit for your HR & People needs.

Pricing Plans
Paychex
Paychex
Try free
Workday
Workday
Try free
Tier 1
Free
$0/monthCheapest
Includes
  • Basic Payroll
  • Employee Self-Service
Start with Free
HCMPopular
Custom pricing
Includes
  • Human capital management
  • Workforce planning
  • Talent management
Start with HCM
Tier 2
Small Business Payroll
$20/monthCheapest
$240 / year
Includes
  • Full Payroll Processing
  • Tax Filing
  • Employee Management
Start with Small Business Payroll
Financial Management
Custom pricing
Includes
  • Accounting
  • Procurement
  • Expenses
  • Revenue management
Start with Financial Management
Tier 3
Midsize to Enterprise PayrollPopular
$50/monthCheapest
$600 / year
Includes
  • Advanced Payroll Features
  • Custom Reporting
  • Dedicated Support
Start with Midsize to Enterprise Payroll
-
Tier 4
One Employee Payroll
Custom pricing
Includes
  • Payroll for Single Employee
  • Basic Tax Services
Start with One Employee Payroll
-

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Paychex

Payroll and HR solutions for small to mid-sized businesses

View all Paychex plans

Workday

Enterprise cloud HR, finance, and planning platform

View all Workday plans

Frequently Asked Questions: Paychex vs Workday

How many pricing plans does Paychex have vs Workday?
Paychex offers 4 pricing plans, while Workday offers 2 plans. More plans typically means more flexibility to match your exact needs and budget.
Does Paychex or Workday offer a free plan?
Paychex offers a free plan, while Workday does not. If budget is a concern, Paychex lets you get started at no cost.
Can I save money by paying annually for Paychex or Workday?
Both Paychex and Workday offer annual billing options. Check each plan's yearly pricing for potential savings compared to monthly billing.
What is the most popular Paychex plan?
The Midsize to Enterprise Payroll plan is Paychex's most popular tier, priced at $50/mo. Key features include Advanced Payroll Features, Custom Reporting, Dedicated Support.
What is the most popular Workday plan?
The HCM plan is Workday's most popular tier, priced at Custom pricing. Key features include Human capital management, Workforce planning, Talent management.
Does Paychex or Workday offer custom enterprise pricing?
Yes, both Paychex and Workday offer custom enterprise pricing tiers with quote-based pricing. Contact each vendor for a tailored quote.
How do Paychex and Workday compare for HR & People?
Both Paychex and Workday are HR & People tools. Paychex offers 4 plans starting at $20/mo, while Workday offers 2 plans starting at Custom pricing. Review the feature breakdowns above to see which better fits your HR & People needs.
AI Recommendations

Sources

  1. Paychex Official Pricing- Vendor pricing page
  2. Workday Official Pricing- Vendor pricing page

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