Select Page
Clear all

How Much Does HR Management Software Development Cost?

New Member
Badge Earned
Points: 10

The rates are largely determined by two factors: where the company is located and the level of expertise of the engineers. We have used an average industry rate of $15 per developer hour to give you an idea of the HR Management software development cost.

Thus, If you’re looking for HRMS software development, we recommend that you start by separating the costs of different models for human resource management.

  • The recruitment module costs between $5,000 and $10,000;
  • The cost of the module is between $5,000 and $6,000;
  • benefits management module: around $10,000-$14,000;
  • The payroll module costs between $10,000 and $20,000.

If you add up all the modules, the HR Management software development cost can range from $10,000 up to $25,000 and more depending on the needs of your business.


Topic starter Posted : 08/08/2023 12:29 pm
Eminent Member
Badge Earned
Points: 140

The cost of developing HR management software can vary widely depending on several factors, but here's a breakdown to give you a general idea:


    • Basic features: $50,000 - $150,000
    • Comprehensive features: $150,000 - $500,000+

Factors affecting cost:

    • Complexity: Basic features like employee data management and attendance tracking cost less than complex features like performance management and talent acquisition.
    • Customization: Off-the-shelf solutions are cheaper than custom-built software, but may not fit your specific needs perfectly.
    • Scope of features: The more features you want, the higher the cost.
    • Development team: Location, experience, and size of the development team can impact costs.
    • Integration needs: Integrating with existing systems can add complexity and cost.

Additional costs:

    • Maintenance and support: Ongoing costs to keep the software updated and functioning smoothly.
    • Data migration: Moving data from old systems to the new software can be expensive.
    • Training: Training employees to use the new software.

Tips for keeping costs down:

    • Start with a clear understanding of your needs. Don't pay for features you don't need.
    • Consider an off-the-shelf solution. This can be cheaper than custom development, especially for basic needs.
    • Compare quotes from different development companies.
    • Negotiate the price.
  • Be prepared for ongoing costs.
Posted : 08/02/2024 6:33 am