Employment Hero vs MYOB

Employment Hero vs MYOB: The Complete 2026 Comparison for Australian Retail & E-commerce

An honest comparison of Employment Hero and MYOB for Australian mid-market Australian businesses. See feature ratings, pricing, pros and cons to make the right choice - or let our Harvard-educated experts help you decide.

Features compared

50+

Clients advised

98%

Client retention

12+

Years experience

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Feature Comparison

Side-by-side feature analysis for Employment Hero and MYOB.

Invoicing

Employment Hero

Employment Hero provides invoicing functionality, popular with Retail & E-commerce businesses

MYOB

MYOB Business offers inventory, invoicing, payroll, and job tracking in a single plan, reducing the need for add-on costs

MYOB highlights invoicing as a core strength. Employment Hero offers the capability but does not position it as a primary differentiator.

Expense tracking

Employment Hero

Employment Hero provides expense tracking functionality, popular with Retail & E-commerce businesses

MYOB

MYOB Business offers inventory, invoicing, payroll, and job tracking in a single plan, reducing the need for add-on costs

MYOB highlights expense tracking as a core strength. Employment Hero offers the capability but does not position it as a primary differentiator.

Bank reconciliation

Employment Hero

Employment Hero provides bank reconciliation functionality, popular with Retail & E-commerce businesses

MYOB

MYOB provides bank reconciliation functionality, popular with Trades & Construction businesses

On paper bank reconciliation looks similar across Employment Hero and MYOB, but the admin experience, reporting, and permission model tend to be the real differentiators.

Payroll

Employment Hero

Combines HR, payroll, and employee benefits in a single Australian-built platform, reducing the need for separate systems

MYOB

Built-in payroll with award interpretation and STP compliance handles Australian payroll complexity well out of the box

Both platforms are strong here. Employment Hero emphasises this as a core strength, and MYOB also invests heavily in payroll. Review each platform's approach to see which aligns with your team's workflow.

Tax reporting and BAS

Employment Hero

Limitation: Customer support response times can vary, with some users reporting delays during peak payroll periods

MYOB

Strong multi-entity and consolidated reporting capabilities suit businesses with multiple trading entities or franchise operations

MYOB highlights tax reporting and bas as a core strength. Employment Hero offers the capability but does not position it as a primary differentiator.

Multi-currency support

Employment Hero

Limitation: Customer support response times can vary, with some users reporting delays during peak payroll periods

MYOB

MYOB offers multi-currency support capabilities. Support depth and SLA commitments vary by plan

multi-currency support capabilities vary by plan tier on both platforms. Confirm the specific features you need are available at your target price point before committing.

Inventory management

Employment Hero

Compliance management tracks certifications, licences, and mandatory training with automatic expiry reminders

MYOB

MYOB Business offers inventory, invoicing, payroll, and job tracking in a single plan, reducing the need for add-on costs

Both platforms are strong here. Employment Hero emphasises this as a core strength, and MYOB also invests heavily in inventory management. Review each platform's approach to see which aligns with your team's workflow.

Project accounting

Employment Hero

Employment Hero provides project accounting functionality, popular with Retail & E-commerce businesses

MYOB

Best for established Australian businesses, particularly in trades and construction, that need payroll, inventory, and accounting in one platform and value compatibility with traditional accounting practices.

project accounting capabilities vary by plan tier on both platforms. Confirm the specific features you need are available at your target price point before committing.

Budgeting and forecasting

Employment Hero

Employment Hero provides budgeting and forecasting functionality, popular with Retail & E-commerce businesses

MYOB

MYOB provides budgeting and forecasting functionality, popular with Trades & Construction businesses

Both platforms cover the budgeting and forecasting basics. The edges - automations, reporting depth, mobile parity - are where their opinions show.

API and integrations

Employment Hero

Employment Hero connects with 41+ tools natively, offering one of the broadest integration ecosystems in its category

MYOB

Limitation: Third-party app integrations are more limited than Xero, with fewer modern SaaS tools offering native MYOB connections

MYOB has a broader native ecosystem (63+ integrations) compared to Employment Hero (41+). Both connect via automation platforms like Zapier and Make.

Ease of setup

Employment Hero

Employment Hero provides onboarding resources. Setup complexity depends on your configuration requirements

MYOB

MYOB provides onboarding resources. Setup complexity depends on your configuration requirements

Both Employment Hero and MYOB address ease of setup. The right choice depends on whether you prioritise depth of functionality or breadth of your overall platform.

Value for money

Employment Hero

HR Standard from approximately $8/employee/month, HR Premium from approximately $12/employee/month, Payroll from approximately $6/employee/month (AUD). HR and Payroll billed separately. Onboarding and benefits modules included at Premium level.

MYOB

Pricing models differ significantly. Compare the total cost of ownership including add-ons and per-user fees, not just the headline price.

Pricing Comparison

General pricing information for each platform.

Employment Hero

Pricing may vary based on team size, features, and region. Contact the vendor for the latest Australian pricing.

MYOB

MYOB Business Lite from $25/month, MYOB Business Pro from $55/month, MYOB Business Growing from $65/month (AUD). AccountRight pricing varies. Payroll included in most plans. Employee numbers affect pricing.

Prices shown are approximate and may differ based on your plan, team size, and billing cycle. Verify directly with the vendor for current AUD rates.

Pros & Cons

An honest look at the strengths and limitations of each platform.

Employment Hero

Pros

Combines HR, payroll, and employee benefits in a single Australian-built platform, reducing the need for separate systems
Employee self-service portal handles onboarding paperwork, leave requests, and personal detail updates without HR intervention
Built-in employee benefits marketplace (Swag) offers discounts on everyday purchases, which can help with retention and employee satisfaction
Compliance management tracks certifications, licences, and mandatory training with automatic expiry reminders
Performance review tools with goal setting, 1-on-1 templates, and 360-degree feedback are included on higher plans without needing a separate tool

Cons

Payroll module pricing is separate from the HR platform, so the all-in cost can be higher than expected when both are needed
The platform has grown rapidly through acquisition and feature addition, which sometimes shows in inconsistent UX between modules
Customisation of workflows and approval chains is less flexible than dedicated HRIS platforms like BambooHR or Rippling
Customer support response times can vary, with some users reporting delays during peak payroll periods

MYOB

Pros

Deep roots in Australian business means accountants and bookkeepers are highly familiar with the platform, reducing training costs
Built-in payroll with award interpretation and STP compliance handles Australian payroll complexity well out of the box
MYOB Business offers inventory, invoicing, payroll, and job tracking in a single plan, reducing the need for add-on costs
AccountRight desktop and online versions cater to businesses that prefer on-premise software or are transitioning to cloud
Strong multi-entity and consolidated reporting capabilities suit businesses with multiple trading entities or franchise operations

Cons

The interface feels dated compared to Xero, particularly the AccountRight product, which affects staff adoption and productivity
Third-party app integrations are more limited than Xero, with fewer modern SaaS tools offering native MYOB connections
Mobile app functionality lags behind Xero and QuickBooks, making on-the-go invoicing and expense tracking less convenient
Migration to or from MYOB can be complex, especially from the desktop AccountRight version with years of historical data

Best For

Which tool suits which use case.

Choose Employment Hero if you need

✓ Retail & E-commerce businesses
✓ Teams needing extensive third-party integrations
✓ Complex data models (employees, payroll, leave and more)
✓ Hospitality & Tourism organisations
✓ Tax compliance

Choose MYOB if you need

✓ Trades & Construction businesses
✓ Retail & E-commerce organisations
✓ Teams needing extensive third-party integrations
✓ Tax compliance
✓ Financial reporting

Expert Verdict

Our Harvard-educated consultants' take on this comparison.

Clever Ops Recommendation

Choose Employment Hero if Australian SMBs that want HR, payroll, and employee engagement tools in a single locally built platform, particularly businesses managing onboarding, compliance, and leave at scale. Choose MYOB if established Australian businesses, particularly in trades and construction, that need payroll, inventory, and accounting in one platform and value compatibility with traditional accounting practices. Avoid Employment Hero if businesses that only need payroll without HR features (KeyPay is more cost-effective), or companies needing highly customised HR workflows beyond standard Australian employment practices. Avoid MYOB if businesses prioritising a modern cloud-first experience with extensive third-party integrations, or tech-savvy teams who find the interface hinders productivity. If you are still weighing the trade-offs, Clever Ops offers a free assessment where our Harvard-educated consultants map your requirements to the right platform.

Migration Notes

What to know about switching between Employment Hero and MYOB.

Migrating Between Employment Hero and MYOB

Clever Ops takes a low-risk approach to migrating between Employment Hero and MYOB. We run both systems in parallel during the transition, transferring payroll, timesheets in stages and verifying data at each step. Your team continues working in the existing system until the new one is fully validated. The process typically takes 4-8 weeks, followed by 3 months of hands-on support.

Employment Hero vs MYOB FAQ

Employment Hero limitations: Payroll module pricing is separate from the HR platform, so the all-in cost can be higher than expected when both are needed. The platform has grown rapidly through acquisition and feature addition, which sometimes shows in inconsistent UX between modules. MYOB limitations: The interface feels dated compared to Xero, particularly the AccountRight product, which affects staff adoption and productivity. Third-party app integrations are more limited than Xero, with fewer modern SaaS tools offering native MYOB connections. Understanding these trade-offs in the context of your specific workflows is critical. Clever Ops can help you weigh which limitations matter most for your business during a free assessment.

For Retail & E-commerce, the answer depends on your operational model. Employment Hero is best for Australian SMBs that want HR, payroll, and employee engagement tools in a single locally built platform, particularly businesses managing onboarding, compliance, and leave at scale. MYOB is best for established Australian businesses, particularly in trades and construction, that need payroll, inventory, and accounting in one platform and value compatibility with traditional accounting practices. Clever Ops has helped businesses across Retail & E-commerce choose the right stack. Book a free assessment for advice specific to your situation.

Employment Hero uses a REST API (REST API with OAuth 2.0 and API key authentication. Rate limiting applies per API key. Supports webhook notifications for employee status changes and leave approvals.), while MYOB uses a REST API (REST API with OAuth 2.0. Rate limited to approximately 10,000 requests per day. Supports pagination via $top and $skip OData parameters. Cloud and on-premise (AccountRight Live) endpoints differ. JSON responses.). Employment Hero supports 8 core data objects; MYOB supports 9. With 12+ of integration experience, Clever Ops can tell you exactly how each API performs in production.

Both Employment Hero and MYOB provide standard security measures including encryption, access controls, and compliance certifications. Employment Hero uses a REST API and MYOB uses REST, both supporting secure data transfer. For Australian businesses handling sensitive data under the Privacy Act, data residency and local support are worth verifying with each vendor. Clever Ops, based in Gippsland, Victoria, can review each platform's security posture against your compliance requirements during a free assessment.

Yes. Employment Hero provides a REST API and MYOB provides a REST API, so we can build reliable integrations between them. Common sync patterns include payroll, timesheets. Our integrations include error handling, retry logic, and monitoring. Clients typically save 8+ hours/week once the integration is live.

We audit your current workflows, team size, budget, and growth plans, then recommend the platform that fits. Our advice is vendor-neutral: we do not earn commissions from Employment Hero, MYOB, or any vendor. Our Harvard-educated consultants have helped 50+ businesses make informed technology decisions over 12+. Book a free assessment to get started.

Both Employment Hero and MYOB serve Professional Services businesses. Employment Hero is also popular with Retail & E-commerce organisations, while MYOB is widely used in Trades & Construction. Clever Ops can advise based on what we have seen work for businesses like yours.

Yes, both platforms are used by Australian businesses. Employment Hero is popular with Retail & E-commerce and Hospitality & Tourism in Australia. MYOB is widely used by Trades & Construction and Retail & E-commerce. Key Australian considerations include AUD pricing, local support hours, GST handling, and data residency. Employment Hero offers Australian-specific pricing. Clever Ops, based in Gippsland, Victoria, factors these nuances into every recommendation.