I have received information about the greytHR price increase. Is this correct? Why are the prices being increased?

Yes, this information is correct. 

Starting January 1, 2025, a modest (5%) price adjustment will apply to our customers. The updated prices will be reflected in your invoices generated on or after January 31, 2025.

We’ve always worked hard to bring you a high-quality platform at competitive prices. However, rising operational costs and our continuous enhancements to greytHR make this adjustment necessary. Over the past year, we’ve done significant updates and feature launches such as enhanced HRIS & Employee Engagement tools, a refreshed, feature-rich Mobile App, automated Workflows, greytHR AI Assistant, Payroll & compliance enhancements, and Split Shift Management, and many more to help streamline your HR processes.

This modest adjustment ensures we can continue to maintain our quality, innovate further, and deliver tools that add real value to your operations.