Worklio HCM vs. Trayd
Worklio HCM files payroll taxes in every state and locality, administers benefits with EDI to major carriers, and keeps comp class codes per job and employee, with optional workers' comp from Worklio Insurance. Trayd describes itself as a back-office operating system for construction, covering payroll, compliance and accounting.
- Prevailing wage, union fringes and WH‑347 certified payroll in the same run, as an add‑on to any plan
- Payroll, tax, HR, time, and benefits administration on one 50‑state engine
- Comp class codes per job and employee, and pay‑as‑you‑go comp via Worklio Insurance
Worklio HCM: 11 stated, 0 partly, of 11. Trayd: 6 stated, 1 partly, of 11.
- Proven payroll since 2017
- All 50 states + PR, plus localities
- $35+ billion in payroll and taxes paid
- ISO 27001, 27018, and 9001
- SOC 2 Type II
What sets Worklio HCM apart from Trayd?
Trayd covers payroll, compliance and accounting for construction as a back-office operating system. Worklio HCM covers payroll, tax, HR, time, and benefits administration on one 50-state engine, with comp class codes per job and employee, workers' comp from Worklio Insurance built into payroll and audited security certifications.
| Worklio HCM | Trayd | |
|---|---|---|
| Certified payroll (WH‑347) | StatedWH‑347 ready; add‑on | StatedWH‑347; Elation, eMars, LCPtracker, eComply |
| Prevailing wage and fringe | StatedBy project and classification; add‑on | StatedRates and fringe into certified reports |
| Union payroll and fringe | StatedDues and fringes by local; add‑on | StatedLocals, wage cards, contributions |
| Burdened job costing | StatedWages, taxes, benefits, comp; Complete HCM | StatedLabor burden by project and task |
| GPS field clock‑in | StatedGeofenced by site; Complete HCM | StatedGPS check; foreman app |
| Comp class codes in payroll | StatedPer job and employee; add‑on | Not published |
| Workers' comp policy inside the product | StatedBuilt into payroll, via Worklio Insurance | Not published |
| Benefits administration | StatedEnrollment, EDI to carriers, COBRA | StatedEnrollments; deductions in payroll |
| Federal, state and local tax filing | StatedEvery state and locality | PartlyMulti‑state tax obligations |
| Security audits | StatedSOC 2 Type II; ISO 27001, 27018, 9001 | Not published |
| Pay cards and earned wage access | StatedPay cards; optional earned wage access | Not published |
- Stated
- Partly
- Not published: public pages do not describe whether Trayd offers it.
Union, prevailing wage, and certified payroll is available as an add-on to any plan. Burdened job costing, time and attendance, and scheduling are in Complete HCM only.
Proven payroll since 2017
- PAYROLL AND TAXES PAID
- $35+ Billion
- ACH TRANSACTIONS
- 23+ Million
- W-2S / 1099S PROCESSED
- 4.3+ Million
- EMPLOYEES PAID
- 2.8+ Million
What you get with Worklio HCM
Payroll taxes filed in every state and locality
Worklio HCMWorklio HCM calculates, deposits, and files payroll taxes in every state and locality: 941, 940, and state equivalents filed for you; city, county, and school district taxes included; correct withholding when employees live and work in different states. Upload an agency notice and our tax team resolves it.
Explore tax filingTraydTrayd states it handles multi‑state tax obligations; which taxes it files is not described publicly.
Workers' comp from Worklio Insurance, built into payroll
Worklio HCMWorklio HCM keeps workers' comp class codes per job and employee. Union, prevailing wage, and certified payroll is available as an add‑on to any plan. Worklio Insurance offers optional pay‑as‑you‑go workers' comp built into payroll, quoted from your real census and wages and billed per payroll.
Workers' comp on Worklio InsuranceTraydWorkers' comp class codes and the policy are not described publicly for Trayd.
Pay every crew, bank account or not
Worklio HCMWorklio HCM pays by direct deposit, pay cards, and checks: pay cards for employees without bank accounts, direct deposit split across multiple accounts, and optional earned wage access, where employees request a portion of wages already earned before payday from the mobile app.
Explore payments and bankingTraydTrayd runs weekly or biweekly pay cycles with unlimited off‑cycle runs; pay cards are not described publicly.
Three questions to ask before you choose
- 01
Who places your workers' comp
Who places the policy, and how do the class codes in payroll reach the carrier's audit?
Worklio HCMWorklio HCM keeps workers' comp class codes per job and employee. Union, prevailing wage, and certified payroll is available as an add‑on to any plan. Optional pay‑as‑you‑go workers' comp comes through Worklio Insurance, built into payroll and billed per payroll. Not in states where a state fund is the only insurer. The carrier still audits the policy after each policy period ends; billing on actual payroll makes the true‑up smaller, not unnecessary.
Workers' comp on Worklio InsuranceTraydHow Trayd applies workers' comp class codes, and who places the policy, is not described publicly.
- 02
Who signs and submits certified payroll
Which formats and agency portals are live for your states, and who signs and submits each report?
Worklio HCMWorklio HCM prepares the WH‑347 for your signature, with job costing segments from the same run. You review and sign each one. Union, prevailing wage, and certified payroll is available as an add‑on to any plan.
TraydTrayd builds certified payroll around WH‑347 requirements and supports submission via Elation Systems, eMars, LCPtracker, eComply and New York State and City electronic submissions.
- 03
Who answers a tax notice
Which taxes do you file in each state and locality, and who answers an agency notice?
Worklio HCMWorklio HCM calculates, deposits, and files payroll taxes in every state and locality, with 941, 940, and state equivalents filed for you. Upload an agency notice and our tax team resolves it.
TraydTrayd states it handles multi‑state tax obligations; which taxes it files, and who answers an agency notice, is not described publicly.
Why choose Worklio HCM over Trayd?
- 01 Certified payroll
Certified payroll from the same run that pays the crew
Trayd builds certified payroll around WH‑347 requirements and supports electronic submission to several systems.
Worklio HCM prepares WH‑347 certified payroll reports with job costing segments, applies prevailing wage rates by project, location, and classification, and carries union dues and benefit packages with remittance reports by local.
Union and certified payrollWorklio HCM- WH‑347 ready for your signature
- Fringe as cash or plan contributions
- Available as an add‑on to any plan
- 02 Workers' comp
Comp codes in payroll, and a policy built into it
Workers' comp class codes and the policy are not described publicly for Trayd.
Worklio HCM keeps workers' comp class codes per job and employee, and Worklio Insurance offers optional pay‑as‑you‑go workers' comp built into payroll.
Workers' comp on Worklio InsuranceWorklio HCM- Class codes per job and employee
- Quoted from your real census and wages
- Comp billed per payroll
- 03 One platform
Payroll, HR, time and benefits on one employee record
Trayd onboards by phone with digital I‑9 collection and tracks benefit enrollments with deductions in payroll.
Worklio HCM runs payroll, tax, HR, time, and benefits administration on one 50‑state engine, with one employee record shared by payroll, time, and benefits.
HR and onboardingWorklio HCM- Offer letters e‑signed; W‑4, state forms and I‑9 online before day one
- Clock‑in geofenced by job site, in Complete HCM
- Enrollment, EDI to major carriers, COBRA tracked
- 04 Paying crews
Pay every crew, bank account or not
Trayd runs weekly or biweekly pay cycles with unlimited off‑cycle runs.
Worklio HCM pays by direct deposit, pay cards, and checks, with pay cards for employees without bank accounts and optional earned wage access.
Payments and bankingWorklio HCM- Direct deposit split across multiple accounts
- Unlimited regular and off‑cycle runs
- Earned wage access from the mobile app
- 05 Security and support
Audited controls and a named team
Security certifications are not described publicly for Trayd.
Worklio HCM is ISO 27001, 27018, and 9001 certified, and SOC 2 Type II, HIPAA, and PCI DSS compliant. A named implementation lead runs parallel payrolls beside your current provider, matched to the cent, before you go live.
Why WorklioWorklio HCM- Layered access rights and a full audit trail
- Parallel payrolls matched to the cent
- A dedicated account manager after go‑live
Your next payroll could be your first one on Worklio.
Trayd alternative: common questions
Information about Trayd is based on Trayd's publicly available pages, documentation and press releases as of October 7, 2026, and may have changed since. Worklio makes no representation as to its completeness or accuracy. Trademarks belong to their owners; Worklio is not affiliated with any other company named here.