Employment Hero is an HR platform with payroll built in. We are a financial platform with payroll built in.
If HR is real work in your business, Employment Hero is a strong fit. If payroll mainly needs to connect to books, BAS and super, myaccountant is built for that narrower job.
Where Employment Hero is genuinely strong.
Employment Hero has built something real. If your business has HR needs that go beyond payroll, if you are onboarding enough people that a repeatable workflow matters, running performance reviews that need structure, managing employee benefits programs, training staff through a formal learning library, or maintaining employment contracts that need version control and e-signature, Employment Hero gives you all of it in one platform with payroll at the centre. The award interpretation engine (originally KeyPay, now Employment Hero Payroll) is among the strongest in the Australian market. For growing businesses that have crossed into real HR complexity, Employment Hero is a legitimate answer.
Who Employment Hero is for. Where the scope is more than you need.
Employment Hero is at its best for businesses where HR is a distinct function, where there is someone whose job includes running onboarding programs, maintaining performance cycles, administering benefits, or delivering training. That function does not need to be a full-time HR hire; it could be a founder's partner, a COO, an office manager with HR responsibility. But HR needs to be real work that someone does. When it is, Employment Hero's HR suite pays its way.
The scope is too much when HR is informal. If onboarding is a few forms, reviews are conversations, and training happens on the job, the HR suite may be more product than the business needs.
What myaccountant is shaped around.
myaccountant is a financial product. Payroll sits beside books, BAS and super. Pay runs post journals. Wages and PAYG feed the BAS. Super is prepared from the pay run. We do not offer a full HR suite, because that is a different product.
Three specific things, if you want the detail.
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Scope: HR plus payroll, vs. books plus payroll.
Employment Hero's scope is HR adjacent to payroll, the employee lifecycle from onboarding to performance to learning, with payroll as one module. myaccountant's scope is financial adjacent to payroll, the ledger, the BAS, the super, the property books, with payroll as one module. Same depth, different adjacency.
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Pricing: per employee plus minimums, vs. per business flat.
Employment Hero charges per employee per month with monthly minimums. The HR suite commands a price that reflects the HR capability. myaccountant's Payroll module is $10 per business per month for up to 50 employees, flat. For a business that does not need the HR suite, the flat-rate maths is visibly different.
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Audience: a business with an HR function, vs. a business with a ledger.
Employment Hero is built for businesses where HR is real work. myaccountant is built for businesses where financial management is the real work and HR is handled informally.
Closing
If your business has real HR needs, Employment Hero deserves a close look. If your business has payroll but not a full HR function, come and see ours.