Pricing plans
Flexible pricing that scales
with your business
StoHRM operates on a per-employee, per-month pricing model, featuring a minimum billing value for each option. Subscriptions will be available only on annual basis. Headcount variations above the threshold of a plan will be tracked monthly and billed on quarterly basis.
Lite
For upto 100 employees. Add more employees @ ₹80 PEPM.
- Essential HR tools & features
- Limited employee management
- Basic reporting & analytics
- Email support during business hours
- Option to upgrade to higher plan
PRO
For upto 250 employees. Add more employees @ ₹110 PEPM.
- HR toolkit with advanced features
- Increased employee management
- Comprehensive reporting & analytics
- Dedicated support team
- On demand integrations
Enterprise
For over 500 employees. Complex needs of growing teams.
- Complete suite of advanced HR tools
- Extensive employee management
- Customisable reporting & analytics
- 24/7 priority support
- Dedicated account manager
- Customisations & Integrations
- Access to certified HR experts
- Financial wellness modules
Compare plans
Transparent pricing
Lite
₹10,000 /month
Pro
₹35,000 /month
Organisation Management
Setup
Organizational Configuration: Configure attributes, masters, and policies.
Attributes Examples: Include Company/Entity, Branches/Locations, Designations/Departments, Cost Centres.
Organogram
Graphical depiction of the organisation structure
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Talent Acquisition
JD Management
Implement approval/rejection process for new job descriptions.
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Hiring Request & Approval
Hiring Request & Approval one level approval
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Vacancy Publication & Candidate sourcing
Internal Vacancy Notification: Share job openings internally.
Assign Candidates to HRF: Allocate candidates to different Hiring Request Forms (HRF).
Candidate Sourcing/Screening: Source and screen potential candidates.
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Screening & Interviewing
Interview Scheduling: Arrange interview sessions for candidates.
HRF-Based Interview Rounds: Conduct interview rounds based on Hiring Request Forms (HRF).
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Interviewer Feedback Update
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Offer Management
Offer Generation: Create job offers for candidates.
Offer Approval: Obtain necessary approvals for offers.
Offer Release: Officially extend offers to selected candidates.
Candidate Offer Acceptance/Rejection: Candidates respond to offers via email to accept or decline.
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Candidate Migration Management
Transition candidates from the hiring process to the onboarding stage seamlessly.
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On-Boarding
Candidate Creation
New Employee Addition: Input and manage new employee data and relevant details.
Form and Field Configuration: Customize forms and fields based on roles and permissions.
Email Trigger Configuration: Set up automated email notifications triggered by specific transactions or events.
Individual Candidate Creation: Create candidate profiles individually for recruitment purposes.
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Candidate Management & Pre Onboarding Process
Candidate Login Activation: Enable candidates to access their profiles and participate in the hiring process.
Offer Generation & Approval: Create job offers and obtain approval at one level before final release.
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Offer Release to Candidate: Officially extend job offers to candidates.
Candidate Offer Acceptance/Rejection via Email: Candidates respond to offers via email to accept or decline.
E-Acknowledgement of Joining Documents: Candidates electronically acknowledge receipt of uploaded joining documents.
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Appointment Letter Generation: Automatically or manually create appointment letters for candidates transitioning to employees.
Migration of Candidate to Employee: Seamlessly transfer candidate data to employee records upon joining.
Auto/Manual Employee Code Generation: Generate employee codes automatically or manually on the date of joining.
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Off-Boarding
Off-Boarding - Voluntary
Employees can submit resignation requests. Option for managers to accept or reject resignations. Managers can confirm the last working day for the resigning employee.
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Manage clearance tasks for departing employees through a checklist. Conduct exit interviews to gather feedback and insights from departing employees.
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Performance Management System
Performance Management System Configuration
Assessment and Goal Setting Workflow: Establish a systematic process for setting and tracking employee goals, along with defining eligibility criteria. Define assessment cycles (annual, biannual, quarterly, monthly).
Email Reminder Triggers: Set up automated email reminders for goal setting, assessments, and evaluations to ensure timely participation.
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Goal Setting
Align goal setting activities with the Performance Management System (PMS) cycle chosen by the organization.
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Goal Review/Evaluation
Goal Review: Assess the progress and status of goals at specified intervals.
Goal Evaluation (Self and Manager): Conduct evaluations of goals from both the employee's perspective (self-evaluation) and the manager's perspective.
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Goal Reward
Normalisation through Bell Curve Target Distribution: Apply bell curve distribution to normalize performance ratings across teams.
Release ratings and generation of performance letter: Finalize performance ratings and automatically generate performance letters for employees.
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HR Central
Employee Data Management/Employee Profile
Online Update of Employee Information: Employees/Employer can update personal, employment, previous employment, education, skills, dependent, bank, and identification information through online channels.
Configuration of EDM Elements and Approval Management: Configure elements in the Employee Data Management (EDM) system and manage the approval process for any updates or changes made to employee information.
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Mass Upload of Employee Information: Utilize bulk upload options to efficiently upload employee-related data in bulk quantities.
Approval of Personal Data Changes: Implement a process for approving changes made to personal employee data before they are finalized.
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Probationary to Confirmation process
Probation to Confirmation Process Flow Configuration: Configure the workflow from probation to confirmation within the HR system.
Employee Review of Probationary Appraisal Form: Allow employees to view their probationary appraisal form, where they can either agree with the ratings given by the manager or request modifications.
Self Evaluation and Manager Alert: Enable employees to conduct self-evaluations and trigger alerts to managers for team members completing probation within the specified timeframe.
Manager Update of Probationary Appraisal Form: Provide managers with the capability to update the probationary appraisal form according to company norms.
HR Letter Generation for Confirmation or Extension: Allow HR to generate letters for either confirming or extending probation periods based on the evaluation outcomes.
Review and Release of Confirmation: Facilitate the review and release of confirmation decisions, with employee letters available online for easy access anytime.
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Job Profile Changes
Tracking Employee Lifecycle Changes: Monitor all employment changes throughout an employee's tenure, maintaining a timeline of events.
Approval levels are implemented based on the process for each change.
Supported Processes: Business Title Change, Job Code Change, Compensation Change (Regularization of Compensation), Cost Centre Change, Department Change, Location Change, Supervisor/Manager Change
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Employee Communications
Organizational Information Dashboard: Utilize a dashboard to announce important organizational updates and information, as well as employee birthdays and anniversaries.
Employee Touch Base Event Email Triggers: Set up email triggers to send greetings or reminders for employee birthdays and anniversaries, fostering a sense of connection and recognition within the organization.
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EZ Letters
EZ Letters Template Creation and Mapping: Create EZ letters templates and map them against each request flow. Implement multilevel workflow for approval.
EZ Letters Generation: Enable EZ letters generation for employees, both self-service and in bulk.
EZ Letters Release: Release EZ letters after approval and generation.
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Document Management
Configuration of Folder and its access permission
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Allows you to upload scanned document and index them for quick retrieval in the document management module, Stored documents can be in any format including doc, xls, PDF, Document restriction role wise
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HR Query
Configure Query Types & Subtypes for HR Team: Establish different query types and subtypes specifically for the HR team.
Query Reply and Escalation Mechanism Based on Timelines: Implement a mechanism to respond to queries and escalate them within predefined timelines.
Raise a Query/Close a Query: Enable employees to raise queries and HR to close them once resolved.
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Absence & Leave Management
Leave Types
Configure different types of leaves according to organizational policies, such as annual leave, sick leave, maternity/paternity leave, etc.
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Accruals & Balances
Leave Accruals: Customize leave accruals based on factors like employment mode, department, and date of joining.
Leave Forfeiture and Expiry: Define rules for leave forfeiture and expiry, including maximum carry-over limits.
Automated Carry-Over: Set up automated processes for carrying over unused leave balances to the next period.
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Approvals & Workflows
Multi-level Approval Workflow: Implement a workflow with multiple levels of approval for various processes.
Leave Approval: Enable managers to approve or reject leave requests, with options for proxy approval/rejection.
Proxy Leave Application: Allow authorized individuals to apply for leave on behalf of others, with proxy approval/rejection capabilities.
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Holiday Management
Multi location holiday configuration to suit specific regulations for the state
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Holiday Mapping, Holiday Calendar, View holiday list
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Rest Day Management
Rest/Rotational rest day mapping
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Compensatory off Management
Comp Off accrual based on single logic
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Time, Attendance, Shift & OT Management
Attendance Management
Attendance Capture: Employees can log attendance via web or mobile login, catering to both onsite and remote work scenarios.
Rules Configuration: Customize attendance rules and regulations, including minimum working hours and buffer time.
Email Triggers: Set up email notifications based on attendance transactions for timely communication.
Attendance Data Management: Configure upload settings for attendance details and allow individual or bulk modifications.
Regularization and Corrections: Enable employees to apply for attendance regularization, with options for cancelation and bulk uploads. Managers can review and approve regularization requests.
Attendance Processing: Process attendance data, make corrections as necessary, and manage team attendance details, including break times and overtime.
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Shift Management
Shift Policy Configuration: Define shift details such as rosters, allowances, timings, breaks, and temporary assignments.
Shift Assignment: Assign or upload shifts for employees and allow them to request shifts as needed.
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Reports & Analytics
Canned Reports
Recruitment Reports:
Open Positions Tracker: Monitor available job openings.
Hiring Request Report: Track requests for new hires.
Hiring Summary Report: Overview of hiring activities.
Offer Release Report: Track offers extended to candidates.
Candidate Master Details: Comprehensive candidate profiles.
Interview Assessment: Evaluate candidate interviews.
New Hire CTC Details: Information on new hire compensation.
Sourcing Index: Measure candidate sourcing effectiveness.
ATS & ITS: Manage candidate applications and interviews.
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On-Boarding Reports:
Candidate Master Details: Comprehensive candidate information.
CTC Offered/Deficit Range: Analysis of offered salaries and deficits.
Suspended & Rejected Candidate Report: Identification of suspended or rejected candidates.
Login Release Report: Tracking of login releases for candidates.
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Offboarding Reports:
Separation Report: Overview of employee separations.
Attrition Reason Analysis: Analyze reasons for attrition.
Resignation Status: Track employee resignations.
Exit Interview Feedback Report: Capture feedback from exiting employees.
Departmental Exit Clearance Report: Ensure departmental clearances upon employee exit.
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Performance Management System:
Goal Setting Status Report: Overview of goal setting progress.
Goal Setting Detail Report: Detailed breakdown of set goals.
Goal Assessment Detailed Report: In-depth analysis of goal assessments.
Goal Evaluation Detailed Report: Comprehensive evaluation details.
Goal Evaluation Status Report: Status update on goal evaluations.
Goal Final Rating Report: Final ratings and outcomes of goals.
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Employee Data Management Reports:
Employee Master Information Report: Comprehensive details of employee records.
Employee Personnel Information Report: Detailed report on personnel information for employees.
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Probationary to Confirmation process - Reports
Employees Due for Appraisal List: Compilation of employees scheduled for appraisal.
Count of Managers Completion on Confirmation
Appraisal: Number of managers who have completed confirmation appraisals for their respective employees.
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Job Profile Changes - Reports
Employee Profile Changes Details: Report on modifications made to employee profiles.
Status on Employee Life Cycle Changes: Overview of employee life cycle changes, including initiation and approval status.
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EZ Letters - Reports
EZ Letter Master Report: Overview of EZ letters available in the system.
Self-Generated Letters Report: Report on letters generated by users themselves.
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Comprehensive report providing a full view of data queried through the query tool.
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Leave and Absence Reports:
Optional Holiday Detailed Report: Detailed report on optional holidays taken by employees.
Leave Transaction Report: Report detailing all leave transactions, including approvals and rejections.
Leave Balance Report: Overview of leave balances for all employees.
Leave Encashment Report: Report on leave encashment transactions.
Compensatory Off Report: Detailed report on compensatory offs taken by employees.
Compensatory Off Expiry Report: Report on compensatory offs that have expired or are nearing expiry.
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Attendance - Reports
Attendance Detail Report: Comprehensive report detailing employee attendance, including ID, name, department, location, designation, branch, date, in-out details, break details, actual hours, total hours, and status.
Attendance Regularization Report: Report on attendance regularization requests and approvals.
Late In / Early Log out Report: Report highlighting instances of late clock-ins or early log-outs.
Absenteeism Report: Report identifying instances of employee absenteeism.
Swipe Log Report: Detailed log of employee swipes recorded for attendance tracking.
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Shift Management - Reports
Assigned Shift Detail Report: Details assigned shifts for employees.
Temporary Shift Change Report: Highlights temporary shifts changes for employees.
Week off / Rest Day Mapped Report: Shows mapping of week off or rest days for employees.
Rotational Rest Day Mapping Report: Displays rotational rest day mapping for employees.
Shift Allowance Report: Provides information on shift allowances.
Shift Mapping Report: Details mapping of shifts for employees.
Shift & Attendance Report: Combines shift and attendance details for analysis.
Shift Variance Report: Identifies variances in scheduled and actual shifts.
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Analytics
Absence Rate: Measure of the percentage of scheduled work hours that employees are absent.
Absence Rate per Manager/Department: Breakdown of absence rates based on managerial or departmental levels, providing insights into areas with higher or lower absenteeism.
Voluntary Turnover Rate: Percentage of employees who voluntarily leave the organisation over a specified period.
Time Until Promotion: Average duration it takes for employees to be promoted within the organisation.
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Employee Stability Index: Measure of how stable the workforce is within the organization, indicating employee retention and turnover trends.
Cost per Hire: Total expenses incurred in the recruitment process divided by the number of hires, indicating the cost-effectiveness of recruitment efforts.
Offer Acceptance Ratio: Percentage of job offers extended by the organization that are accepted by candidates.
Selection Ratio: Ratio of the number of candidates selected for a job position to the total number of applicants.
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% of Open Positions: Percentage of job positions that are currently vacant within the organization.
Recruitment Funnel Effectiveness: Measure of how effectively candidates move through the recruitment process, from initial sourcing to hire.
Length of Service: Average duration of employment for employees within the organization.
Ghost Rate: Percentage of scheduled shifts that employees fail to show up for without prior notice.
Promotion Rate: Percentage of employees who are promoted within a specified period.
Retirement Rate: Percentage of employees who retire from the organization within a specified period.
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Payroll
Input
Data Upload and Configuration: Upload employee data and configure payroll settings.
Processing Timeline and Calculations: Schedule payroll activities, calculate incentives, and handle overtime.
Employee Management: Update employee information, process new hires, and manage deductions.
Benefits Administration: Handle insurance contributions and deductions, ensuring compliance and accuracy.
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Process Elements
Processing and Components: Monthly processing of salary with FBP components, handling proration, LOP, and arrears.
Statutory Compliance: Calculate statutory deductions and taxes accurately.
Loan Management: Amortize loans and handle specific salary and gross calculations.
Configuration and Final Settlement: Configure multiple pay elements and process final settlements monthly.
Year-end and Tax Filing: Reconcile investment proofs annually, prepare Form 24Q quarterly/annually, and issue Form 16 (Part A and Part B) without DSC.
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Payroll ESS
Payroll Information and Payslips: Provide regular pay information and payslips.
Reimbursements: Process reimbursements annually.
Income Tax Declaration Form (ITDF): Monthly submission.
Employee Pension Scheme Form (EPSF): Annually open from February 1st to 15th.
Provident Fund (PF) Details: Maintain records of PF contributions and withdrawals.
Tax Computation and Calculator: Prepare tax computation sheets and provide a dynamic tax calculator.
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Payroll Reports
Salary Register: Keep track of employee salaries.
Head Count Report: Monitor the number of employees.
Employee Master: Maintain comprehensive employee records.
Loan Register: Manage employee loans and repayments.
Payslips / Tax Computation: Provide detailed payslips and calculate taxes.
Bank Credit Advice: Generate advice for salary payments to banks.
Employee/Element Variance Report: Analyze discrepancies in employee data or elements.
GL Report: Prepare a report for accounting purposes.
Income Tax Declaration Report: this report provides details of the declaration.
EPSF Report: Provides insight on the income tax proof submitted by the employees.
Employee CTC Report: This report provides a comprehensive view of employee CTC.
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Payroll Statutory Reports
Provident Fund Report: Details contributions and withdrawals for PF.
Income Tax Report: Summarizes employee income tax deductions and payments.
Professional Tax Report: Outlines professional tax deductions.
ESI & LWF Report: Provides information on Employee State Insurance and Labor Welfare Fund contributions.
- Provident Fund ECR File and Challan
- Statement IW 1 for International Workers
- Form 7 I F (for establishments that have obtained EDLI exemption from RPFC)
- Employee State Insurance Corporation deduction report
- Employee State Insurance e- challan
- Generating and submitting online half-yearly returns for ESIC
- Professional Tax deduction report
- Labour Welfare Fund deduction report
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Payroll Governance Reports
Income Tax Variance report: This report provides details of variance of previous and current month.
Variance Report: This report identifies the variances in the following categories:
- CTC (Cost-to-Company) Vs. Current Month.
Net Pay Reconciliation to Bank Advice: A report that reconciles the net pay disbursed to employees with the bank advice.
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FAQs
We accept major credit cards, PayPal, and bank transfers for subscription plans.
Our pricing is transparent, with no hidden fees or unexpected charges. All costs are clearly outlined in the pricing details.
Discounts are already factored in the annual subscriptions and applied automatically on higher-volumes and adjusted accordingly in the billing cycle.
You can upgrade or change your plan at any time, and the billing will be adjusted accordingly from the next billing cycle.