Gusto also has built-in ACA, COBRA, HIPAA and ERISA compliance for benefits administration. If you pay anyone by check, you have to manually print checks Gusto generates. https://theseattledigest.com/navigating-financial-growth-leveraging-bookkeeping-and-accounting-services-for-startups/ It doesn’t have an option to automatically print and mail physical paychecks. Has a user-friendly interface with simple step-by-step tools and checklists.

• OnPay Payroll Plans start at $40 per month (base) and $6 per person per month.
• It costs $10 per month for up to five employees, plus $1 per additional employee per month.
• Gusto facilitates payroll for employees and contractors, plus employee benefits, such as health, retirement and more.
• No matter which plan you choose, you can always switch to a different Gusto plan or cancel any time if your business changes.

Domestic and International Contractor Payments

Gusto has its own native applicant tracking tool available to Gusto Plus and Premium customers, but if you choose the Simple plan, you can integrate an external ATS, such as JazzHR or Greenhouse. Wave PayrollPlans start at $20 per month (base) and $6 per person per month. Gusto is the brand name for the platform operated by the company ZenPayroll, Inc. It has an A+ rating with the Better Business Bureau (BBB), although neither Gusto nor ZenPayroll is accredited with the organization, which is a paid service.

Gusto Review 2024: Features, Pros & Cons

Gusto plans offer integrated payroll, benefits and HR, with higher tiers offering additional features. Add-on benefits can be used to further customize your plan, and you have the flexibility to upgrade or downgrade at any time. Designed for small businesses, this cloud-based, all-in-one platform can be accessed from virtually anywhere Navigating Financial Growth: Leveraging Bookkeeping and Accounting Services for Startups through an online browser. Gusto, formerly ZenPayroll, doesn’t lock you into a contract and it’s easy to change your plan as your business evolves. Gusto is a payroll and HR platform suited for startups and small businesses that employ a mix of employees and contractors and want to automate HR tasks as much as possible.

Ratings and reviews

OnPay is an all-in-one payroll and HR solution that is designed specifically for small businesses. The platform differentiates itself by providing an error-free tax guarantee and robust benefits administration features. While OnPay does offer straightforward, comprehensive pricing, the plans are not customizable, so it won’t work for businesses that need more flexibility in choosing which features they want or need. We found the process of setting up a payroll schedule pretty easy.

Recommended Reviews

• Gusto uses industry-standard encryption to keep data secure, plus it monitors your account and will alert you when it suspects any fraudulent activity has taken place.
• The platform differentiates itself by providing an error-free tax guarantee and robust benefits administration features.
• The best payroll software for your company depends on your business size and needs.
• When clicking into the expenses module, you can approve or deny requests individually or in bulk to save time.
• The platform offers a checkbox option to invite the added employee or contractor to fill out the rest of the information themselves.
• You simply choose a schedule—Gusto automatically suggests one for you—and confirm state tax details based on where employees are located.

For additional options, check out the best time tracking software. Gusto offers three plans for companies looking to manage payroll for both full-time employees and contractors. While Gusto offers payroll services and 401(k) plans in all 50 states, its services for health benefits, HSAs, FSAs and commuter benefits come with some geographic restrictions. https://thewashingtondigest.com/navigating-financial-growth-leveraging-bookkeeping-and-accounting-services-for-startups/ Regardless of your plan level, Gusto also enables you to integrate with many types of third-party accounting, time tracking, expense management, point-of-sale and HR software. Integrations include popular accounting apps like QuickBooks, FreshBooks and Xero. The ability to sync data with Gusto means less time spent on manual entry.

Expense Management

Gusto rises to the top of our list of best payroll software because it’s easy to use and competitively priced. Plus, it includes features, such as unlimited payroll runs and garnishment payments, in its lowest-tier plan that some Gusto competitors charge extra for or don’t offer at all. On those plans, both hourly and salaried nonexempt employees can track their hours.

• Gusto allows employees to access and manage their own information by offering individual profile accounts.
• At no additional cost, you can set payroll to run automatically, with a reminder sent to you the day before.
• RUN Powered by ADP Plans start at $79 per month (base) and $4 per person per month.
• Gusto files employee W-4s and contractor W-9s as part of their profile setup, and it creates and distributes W-2 and 1099 forms each January for tax returns.
• Gusto allows you to easily enroll in workers’ compensation insurance through its platform through an integration with NEXT Insurance.

It launched as ZenPayroll in California in 2012 as part of the startup incubator Y Combinator, and it’s been available in all 50 states since 2015. It’s been backed by reputable investors valued at $9.5 billion as of August 2021. As the admin, you can see outstanding expense reimbursement requests on the dashboard. When clicking into the expenses module, you can approve or deny requests individually or in bulk to save time. Upon approval, the payment automatically gets disbursed to the employee in their next paycheck. From the employee side, it’s very easy to initiate an expense reimbursement request.

Does Gusto offer health insurance?

Gusto customers can contact customer support via chat, email or phone. Gusto’s phone support is only available Monday through Friday from 7 a.m. MT. Customers on the Premium plan get access to priority support, meaning they can skip the queue when they call, but there is no 24/7 phone support available. We tried adding a gym wellness benefit, and it was simple to set up in Gusto. We just had to give the benefit a name, enter how much the employee should contribute from each paycheck and how much you as the employer contribute to the benefit for each pay period.

You can also set up 401(k) plans, 529 savings accounts, health savings accounts, flexible spending accounts, commuter benefits, workers’ compensation and life insurance. Gusto allows employees to access and manage their own information by offering individual profile accounts. Users can download the Gusto mobile app, or sign in from the web, to view payday data, edit tax details, see available PTO and even clock in and out right on their phone. In addition, the platform shares income insights and personal tax documents such as W-2s. ADP’s small business solution, RUN, caters to companies with fewer than 50 employees. Plans can be customized to fit your needs and come with features such as automatic tax filing and reports, easy employee payroll and available add-ons for marketing and legal assistance.

So, anyone you hire for HR, accounting or bookkeeping can get the information they need without going through you. Gusto helps 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.

Employees can upload a receipt and add a memo, so it’s clear what the payment is for. Testing Gusto out from the employee’s point of view, we were able to easily update our personal details, view and enroll in benefits and more. Gusto allows you to easily enroll in workers’ compensation insurance through its platform through an integration with NEXT Insurance.