Gusto Payroll Pricing Review: Features, Pros & Cons 2023

Unlike RUN or Gusto, Paychex Flex doesn’t offer packages or add-ons for benefits administration. Customer service is easy to access using the button on the top right corner.The Gusto interface reminds employers when payday approaches. On payday, it lists every employee so employers can verify the correct hour input and direct deposit amounts. The program ensures employers provide adequate compensation and can administer raises and wage adjustments. It’s all in one simple location with a straightforward design for easy comprehension. If you’re starting fresh with Gusto, you’re just about done with setup at this point.

• If you’re a small business owner who’s new to payroll, you’ll love Gusto because it’s so easy to use; you can finish important tasks with just a few clicks.
• All you need to do is create the payroll information that will be used for each payroll, enable AutoPilot, and you’re all set.
• ADP is a traditional payroll and HR services platform for organizations of all sizes.

For its higher tier plans, ADP requires the extra effort of requesting a quote. However, ADP also offers same-day direct deposit and specialized 24/7 support features for each subject area of its services, including onboarding and unemployment insurance consulting. The top-end Gusto Premium provides access to certified HR pros and a dedicated priority support team. Companies with a minimum of 25 employees on payroll can get premium tools like full-service payroll migration and health insurance broker integration, and direct access to a dedicated support manager.

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Intuit QuickBooks Payroll

This includes organizing payments, insurance, support and initial onboarding. Gusto offers good reporting options, including a complete payroll journal, year-to-date employee earnings, an employee summary, a benefits report, a contractors report, and time-off balances. This package does more than just facilitate payments – it will also let you manage your employee’s time off , company health insurance, and worker’s comp. These are all crucial for businesses, as they help you keep track of your company’s complex financials. Alternatively, it ensures businesses aren’t paying for services they don’t use.

Payroll processing can be intimidating to anyone, especially if you’ve never had to manage payroll or process payroll taxes. A pretty unique feature is the Gusto Wallet, which your employees can use as a cash account. It acts as a bank within an app, connected directly to an employee’s cashflow, to help them manage their money.

What is Gusto good for?

That’s a big plus, especially for those who are new to setting up payroll and benefits. However, customer support isn’t available during weekends and priority payroll and HR support is an add-on. Gusto gives your employees the ability to manage many tasks themselves through their own Gusto employee portal and the Gusto Wallet app. Employees can complete onboarding paperwork, select benefits and access pay stubs and other records through the portal on their own. Flexible spending accounts, commuter benefits, workers’ compensation and life insurance.

It has a to-do list, which suggests that you might want to complete other areas of setup, approve time-off requests, and invite your accountant or other team members to access the site. Important reminders, like turning on two-step verification and the due date for your next payroll run, appear here. There are also recommendations for tasks your business should complete, like setting up a Workers’ Compensation policy. Processing payroll is the easy part—it’s the setup and ongoing maintenance of pay items and employee information that’s hard.

Verdict – Is Gusto Payroll Worth It?

Reports aren’t Gusto’s most impressive feature, but there are more than enough to keep a payroll manager happy. Gusto lets you easily customize many of its reports with a variety of filters. You prepare this report by selecting the columns you want to appear from a few dozen options, like employment type and payment method. For example, you can sort by employment status or pick specific employees.

With Gusto, employers are sometimes unable to offer such perks to employees. We do have one other Editors’ Choice winner for payroll, Rippling. Like Gusto, it supports the most common capabilities needed for payroll and then some. The sheer volume of modules and features and options that it offers may be intimidating to very small or simple businesses that would be better served by Gusto. Rippling’s customizability, robust payroll and HR features, and third-party app integration make it a particularly smart choice for larger businesses with more than 10 employees. Once you finish your payrolls, you may occasionally want to look them over and analyze the data.

Taxes Plus Compliance

If you think nothing is scarier than running a small business, try making an error on an employee’s paycheck. Gusto representatives have stated that based on a 2018 survey of over 600 Gusto customers, 85% stated that Gusto is easier to use than their last payroll provider. In addition, Gusto also integrates with popular timekeeping software such as TSheets, When I Work, and Homebase. Gusto’s HR resources are pretty solid, covering all the HR essentials. They give you all the tools and information you need to comply with workplace standards, avoid costly lawsuits, and stay on top of changing regulations that could affect your business. Operating on an exclusive pricing model, the price for Gusto’s most comprehensive plan with vary on a case-by-case basis.

ADP is a traditional payroll and HR services platform for organizations of all sizes. Its small-business solution, RUN, serves companies with less than 50 employees. It facilitates payroll for U.S.-based employees, plus automatic tax filing and reporting, and optional benefits administration in a self-service platform for your employees. Its pricing structure is more complex than Gusto, with more features considered add-ons that incur an extra fee. Once setup is complete, you’ll be able to view all of your company’s employees, including ones who have been dismissed, and invite new hires to join the system.

Since the package only offers custom pricing, you’d expect the Concierge plan to be the absolute final frontier of payroll software – you’d be just about right, too. On top of everything included in the Simple plan, the two-day direct deposit becomes next-day direct deposit, allowing you to keep a tighter schedule. You’ll be able to manage time-off requests, both of which will help you relate more effectively with employees. Gusto Simple supports time tracking for both contractors and employees through integrations with services like QuickBooks Time and When I Work. But built-in time tracking is not available at the Simple level. Once you’re set up, your Dashboard is the best place to go once you’re set up.

Gusto appeals to both new and experienced payroll administrators because of its usability and top-notch payroll setup, processing, reporting, and HR tools. Excellent mobile access and employee financial resources enhance its draw. Gusto even offers to help you stay compliant with local labor laws with its labor law poster store. You can print labor law posters to post for on-site employees or send e-notices to remote employees. The service keeps you updated and automatically alerts employees of any changes to the law to keep you compliant. It costs $10 per month for up to five employees, plus $1 per additional employee per month.

In mark to marketition to smooth integration, your Gusto account could get you discounts on some popular apps. For example, at the time of this writing, it’s offering three months free to restaurant scheduling software 7shifts, 25% off Breezy HR plans and many more. For those who need to manage employees in multiple states, you’ll need the Plus plan. In addition to doing everything the Simple plan does, the Plus plan comes with slightly expanded functionalities. For instance, you can create org charts, customize your offer letters and onboarding checklists and run payroll the day before payday. Contractor payment is just as easy for any contractors with a Gusto profile for your company.

Gusto offers some add-ons that you can attach to your plan to make it more useful for your business. For example, you can help employees manage their 401s via Gusto, or create a health reimbursement system to make sure your employees are taken care of. With its comprehensive features and expansion possibilities, Gusto is one of the top contenders in online payroll. Though other payroll software may have different and equally useful tools, it ultimately all comes down to what your company needs. The price for Paychex is higher than Gusto, with a $59 base fee, but only $4 for additional payees. You might be able to justify the base price depending on how many people are on your payroll.

Automated Payroll, Accounting Integration, and Taxes With Gusto

She specialized in accounting and business articles, with an emphasis on software reviews, which she wrote for more than 20 years. She continues to write for the first publication she ever wrote for, CPA Practice Advisor, while blogging for several software companies. Those using the Plus and Premium plans will also have access to time-tracking capability within the application, and managers can use their smartphones or tablets to run payroll from anywhere. If the thought of processing payroll frightens you, relax and take a look at Gusto.

Once you’ve selected the type of payroll you want to run and made sure the dates are correct, you click Run payroll. Gusto displays an employee list that includes both salaried and hourly workers, unlike Rippling, which separates them into two different screens. The latter method would probably be preferable if you had a large staff. If you’re interested in a more customized solution and one-on-one guidance, this might not be the right platform for you. An enterprise solution will probably cost more, but it could get you the personalized service you want.

How Gusto Compares

For larger businesses, our Editors’ Choice winner among online payroll services is Rippling because of its small and midsize payroll tools and superior enterprise support. QuickBooks Payroll provides same-day direct deposit with its higher tiers. Pacific time on payday, and your employees receive their money that same day.

Without these types of solutions, your staff would struggle to remain as productive as needed. TechRepublic Premium dug into some of the top collaboration tools on the market as a comparison to help you know which offers the tools you need and … This review was conducted using personal experience with business software and technology, as well as information provided via vendor websites and relevant databases. Gusto also offers a customer service helpline that users can contact to resolve any other questions. Gusto has many other features, but a few notable ones include streamlining HR tools and workers’ compensation.

In our opinion, all of the added capabilities make the Plus tier well worth the extra $20 per month and $3 per employee. However, it also syncs with most other time-tracking software for easy integration, including Homebase and When I Work. Plus, workers can use Gusto’s features to request time off or time-track project-specific tasks. It requires as much simplicity in terms of user interface and navigation as developers can manage.

• This information may be different than what you see when you visit a financial institution, service provider or specific product’s site.
• However, ADP also offers same-day direct deposit and specialized 24/7 support features for each subject area of its services, including onboarding and unemployment insurance consulting.
• If your company has existing benefits providers, you can transfer their management to Gusto, which simplifies payroll deductions and eliminates the need to use multiple platforms and support teams.
• An enterprise solution will probably cost more, but it could get you the personalized service you want.
• It allows W-2 employees to access information such as their most recent paystubs; a people directory; personal details and time off; benefits and pay; and HR documents.

Employees have lifetime access to their own account to view pay stubs, obtain W-2 forms, track hours and change personal information. This may influence which products we review and write about , but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Our partners cannot pay us to guarantee favorable reviews of their products or services. With Gusto, employees track their time for you to review and approve. You can also customize paid time off policies with all liabilities automatically calculated. And accounting integrations exist for Quickbooks Online and Xero.