Whether you pay annually or on some other payment schedule depends on the license model you choose. Typically, clients pay a yearly subscription.

I wasn't involved in the pricing at all. I have no idea if it is priced high or low.

The pricing is quite good. Licensing, plan ahead especially if you are in a growing business. You don’t want to lock yourself in.

Licensing fees are paid annually. 

The pricing is reasonable. We have the enterprise edition for our company, and it's fairly priced.

We are only paying for active users who logged in the past 30 days. This is something special Oracle is doing for us (Taleo did it actually). Our users are on for one year, but they often only use it for the first three months so we were paying for years for users who weren’t actually using it. This is much fairer. We are licensed for 5500 active users which works for us. They don’t do this for many customers since we have such an unusual business model.

Pricing is available by quote only. Contact Oracle directly for pricing information.

Oracle Taleo Enterprise is a good solution based on quality and cost. The customer must contact Oracle to see the conditions and prices of the product license.