Employment Hero logo

Employment Hero

Employment Hero is an Australian HR and payroll platform with award interpretation, onboarding, employee self-service and earned wage access built in, running the payroll engine formerly sold as KeyPay.

Best for

Growing Australian teams wanting HR, payroll and earned wage access in one system, with award interpretation, onboarding and employee self-service.

Australian payroll priced per employee with a monthly minimum, with Modern Award interpretation built in, STP reporting, super and Payday Super, integrating with Xero, MYOB and QuickBooks.

Per employee
$10/emp/mo (Payroll)
Base fee
$100/mo min
Award interp.
Yes (100+ awards)
Global hiring
No

How Employment Hero compares

All prices in AUDPrices checked

Side-by-side with the closest alternatives by estimated cost.

Base fee plus per-employee costs, based on 4 employees. Quote-only providers are excluded.

Xero logo

Xero

$107/mo est.

Per employee
Plan-based
Base fee
$78/mo (Grow)
Award interpretation
Limited
Global hiring
No
Payday Super
Yes
Est. monthly cost
$107/mo
Deel logo

Deel

$161.68/mo est.

Per employee
$40/emp/mo
Base fee
$0
Award interpretation
Limited
Global hiring
Yes (150+ countries)
Payday Super
Yes
Est. monthly cost
$161.68/mo

Common questions about Employment Hero for payroll software

The same questions Australian merchants ask before signing up.

  • Employment Hero Payroll charges $10/emp/mo (Payroll) per active employee. There is no monthly base fee, but a minimum monthly charge of 100 applies, meaning smaller teams pay that minimum regardless of headcount. This minimum makes Employment Hero better value as teams grow toward and beyond the threshold where the per-employee rate exceeds the floor.

  • Yes. Employment Hero Payroll is fully STP Phase 2 compliant and submits itemised payroll data, including wages, tax, super, and leave components, to the ATO each pay cycle. It supports the Payday Super changes from 1 July 2026 through its HeroClear clearing house, which processes super contributions alongside each pay run.

  • Employment Hero Payroll (formerly KeyPay, rebranded in March 2023) runs the same award interpretation engine that built its market-leading reputation for automated award compliance in Australia, covering more than 100 Modern Awards with pre-built pay condition rules for penalty rates, overtime, shift loadings, and annual award reconciliations. It is particularly well regarded for hospitality, retail, and healthcare businesses where award complexity is high.

  • Yes. Employment Hero is a full HR and payroll platform that includes onboarding and offboarding, employee self-service, leave management, performance reviews, and a benefits marketplace alongside the payroll engine. This makes it an all-in-one option for growing teams that want HR and payroll in a single system rather than two separate products.

  • Employment Hero suits Australian growing businesses, typically from about five to a few hundred employees, that want integrated HR and payroll with strong award compliance in a single platform. It is a natural upgrade path for businesses that have outgrown the payroll features in Xero or MYOB and need structured onboarding, self-service, and richer compliance tools.

  • Yes. Employment Hero integrates with Xero, MYOB, and QuickBooks Online, pushing payroll journals and employee cost data into your accounting system after each pay run. This avoids manual data entry between systems and keeps financial records accurate without duplication.

Strengths and trade-offs

Pros

  • HR, payroll and earned wage access in one platform
  • Award interpretation built into payroll
  • Employee self-service app, with earned wage access free for employers to offer
  • Earned wage access charges employees no interest
  • AU-built and AU-supported

Cons

  • Minimum user count sets a monthly payroll floor
  • Support quality criticised in some reviews
  • Earned wage access is only available where the employer uses Employment Hero
  • Can be more than payroll-only businesses need

About Employment Hero

Employment Hero is an Australian-built HR and payroll platform that combines award interpretation, employee onboarding, leave management and a self-service app in one system. Its payroll engine is the one it built and sold as KeyPay, rebranded to Employment Hero Payroll in 2023, which also powers QuickBooks Payroll in Australia. Payroll covers STP Phase 2, super payments and Payday Super readiness, and is priced per employee per month with a minimum user count, so it carries a monthly floor regardless of headcount. Some reviewers report friction with support and with the Xero integration.

The platform also includes Employment Hero EWA (formerly InstaPay), earned wage access that lets employees draw part of the wages they have already earned before payday for a fee per withdrawal, with no interest. The fee is lower when the money goes to the Swag Wallet than to an external bank account. It is free for employers on the platform, integrates with Employment Hero Payroll, Xero and MYOB, and operates under an ASIC Credit Licence, but it is only available where the employer uses Employment Hero.

Employment Hero was founded in 2014 and is headquartered in Sydney, Australia.

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