Engagedly pricing works on a custom basis. The platform comprises several modules, and the overall cost is determined by business headcount, contract lengths, and whether or not you decide to bundle together modules. However, users are required to spend at least $7,500 per year.
Available modules are Manage Performance ($5–8/user/month), Learn & Grow ($3–5/user/month), Recognize & Reward ($2/user/month), Engage & Listen ($2/user/month), and Talent Mobility ($2/user/month).
Supplementary modules include Mentoring Suite ($8/user/month), Manage Compensation ($10/user/month), and Deskless Employee Communication ($5/user/month). Customers can also pay for access to the full platform, which also works on a custom basis.
Backed by our own independent research, this guide breaks down everything you need to know about Engagedly pricing, and if the performance management platform is worth your investment.
In this guide:
- How Much Does Engagedly Cost?
- Does Engagedly Have Any Hidden Fees or Add-Ons?
- Engagedly Pros and Cons
- Engagedly Pricing Plans Reviewed
- What Are the Best Alternatives to Engagedly?
- How Did We Research and Review Engagedly?
- Verdict: Is Engagedly a Good Performance Management Platform?
- Frequently Asked Questions
Why Should You Trust Us? Our Research Methodology
After identifying the most relevant and useful platforms on the market, we evaluate each provider against our rigorous framework.
These findings then help determine each software’s overall potential, which businesses they are best suited for and how they size up against the wider competition.
Then, this information is passed along to our team of human writers, who turn it into the reviews you see across our site. Not a single word on Tech.co is written by AI.
For more information, check out our full methodology below.
Key Takeaways
- Engagedly pricing works on a modular basis, with plans ranging from $2–10.
- While total cost depends on a few different factors, you’re required to spend at least $7,500 per year, regardless of which modules you select.
- Engagedly has some excellent performance management features, including customizable templates, real-time feedback, and built-in AI.
- Alternatives include Leapsome, which has a more intuitive interface, superior features, and deeper AI integration.
| Plan | Starting price | Pros | Cons | ||||
|---|---|---|---|---|---|---|---|
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| Engagedly | Engagedly | Engagedly | Engagedly | Engagedly | Engagedly | Engagedly | Engagedly |
| Manage Performance | Learn & Grow | Recognize & Reward | Engage & Listen | Talent Mobility | Mentoring Suite | Manage Compensation | Deskless Employee Communication |
| $5–8 per user, per month | $3–5 per user, per month | $2 per user, per month | $2 per user, per month | $2 per user, per month | $8 per user, per month | $10 per user, per month | $5 per user, per month |
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Does Engagedly Have Any Hidden Fees or Add-Ons?
No, Engagedly doesn’t have any hidden fees. However, it does have a highly opaque pricing model, with total subscription cost determined by various factors, including chosen modules, contract lengths, and headcount.
Added to this, Engagedly enforces a minimum annual spend of $7,500, so customers are incentivized to choose as many modules as possible.
Pros of Engagedly
- All modules include a dedicated AI assistant, known as Marissa AI, which can help to streamline your tasks.
- Real-time feedback means that employers can cut down on staff churn.
- Modular pricing means that you only pay for what you need.
Cons of Engagedly
- Customers are required to spend at least $7,500 per year, no matter how many modules you choose.
- Customizable frameworks require significant manual setup time.
- Performance on mobile can be unreliable and buggy.
Pros
- Dedicated performance management solution
- Modular pricing
- Highly customizable
Cons
- Minimum spend of $7,500 per year
- Talent Mobility: $2/user/month
- Engage & Listen: $2/user/month
- Recognize & Reward: $2/user/month
- Learn & Grow: $3–5/user/month
- Manage Performance: $5–8/user/month
Engagedly Pricing Plans Reviewed
In this section, I’ll take you through each of Engagedly’s available modules.
Manage Performance
With the Manage Performance module, businesses can build a culture of continuous evaluation and feedback, rather than relying on annual or biannual reviews. This eliminates recency bias, one of the biggest issues with traditional performance reviews.
Users can customize review templates with a high degree of flexibility, including rating scales, leadership mapping, and other capabilities.
Standout features include the Multirater, a 360-degree feedback tool that enables employees to nominate peer reviewers to provide anonymized feedback.
Learn & Grow
Engagedly’s dedicated Learning Experience Platform (LEP) module gives businesses the tools to boost employee retention without resorting to a library of third-party corporate tuition resources.
Impressively, the platform suggests specific learning courses for employees based on their feedback, and managers can then assign those courses from within the relevant employee’s 360-degree review dashboard.
The whole process is gamified, which helps businesses to mitigate low course-completion rates, which are a recurring problem in modern businesses.
Recognize & Reward
With a social-media-style public feed where users can recognize their employees, this module encourages peer motivation, and thus incentivizes users to work harder.
Peer praise and milestone completions contribute towards redeemable points, which can be used to buy gifts in a digital marketplace, including gift cards, merchandise, and company perks.
Engage & Listen
Designed to overhaul the isolated nature of employee surveys, Engage & Listen provides automated, highly customizable recurring “pulse” checks, so that managers can continuously evaluate employee sentiment.
Businesses can also create groups, post company-wide announcements, highlight internal vacancies, and more as part of central hub for company communications.
What Are the Best Alternatives to Engagedly?
The best alternative to Engagedly is Leapsome, which combines performance management, development, and other key HR operations such as absence management. Leapsome has a more intuitive, modern interface than Engagedly, with AI embedded more deeply into the platform.
Other options include 15Five, which emphasizes coaching, continuous check-ins, and sentiment analysis. 15Five is a great tool for managers who want to provide coaching for their reports, as it features built-in educational prompts, as well as continuous feedback loops.
Check out the table below for an overview of some of the best alternatives to Engagedly.
| Starting price | Best for | Pros | Cons | Performance | Training | Recruiting | HR | Benefits | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FEATURED PROVIDER | | | | | | | ||||
| Workday | BambooHR | Betterworks | Leapsome | 15Five | Engagedly | |||||
| Custom | $10 per employee, per month |
| Custom pricing | $4 per user, per month | $2/user/month | |||||
| Not yet accessed | Ease of use | Visual users | Goal-oriented teams | Mid-sized businesses | Coaching employees | AI-enhanced talent management | ||||
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We understand how important choosing the right software for your team is, and that’s why we go the extra mile when researching and reviewing the top providers.
First, we conduct an initial exploration to find the most relevant and useful platforms on the market. Then, we analyze their potential using a vigorous methodology that focuses on the concerns businesses care about the most, including the quality and quantity features, entry price, average plan cost, presence of a free plan and user experience.
These findings then help determine each software’s overall potential, which businesses they are best suited for and how they size up against the wider competition.
So much more goes into our research process, though. If you’d like to learn more about how we test and review products at Tech.co, you can learn more about our research here.
Verdict: Is Engagedly a Good Performance Management Platform?
Yes, Engagedly is a good performance management platform. Unlike software such as Rippling, Engagedly is exclusively dedicated to performance management, with standout features including real-time feedback, customizable templates, and a built-in AI assistant, Marissa AI.
One of the main drawbacks of Engagedly is its pricing model. The platform operates on a modular basis, and total cost is determined by your business size, contract lengths, and chosen modules. However, users are required to spend a minimum of $7,500 per year.
Alternatives to Engagedly include Leapsome, which offers a better user experience and superior feature set. Another option is 15Five, which is a great tool for managers who want to improve their coaching capabilities.
However, you are required to spend at least $7,500 per year.
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