When you have a business, one of the things that you will want to do is to choose a way to pay your employees, Today we are goign to look at three of the various kinds of payroll services that are available, look at some of their pros and cons and what they offer.
ADP Payroll
Advantages
- Employees are able to check their records and update them.
- Extended management of employees ensures recruitment and talent management.
- Full HR-suite and advanced processing of payroll make sure that all of the processes related to HR are automated
- Payroll features are full-range and handle payroll data, payroll taxes and other kinds of tax forms.
- Offers great customer support to ensure that the business gets set up and running smoothly.
- There are video tutorials to give you guidance with software.
- ADP mobile app is full automized for IOS and Android mobile devices.
- There is a fully optimized ADP mobile app available on both Android and iOS mobile devices.
Disadvantages
- Prices aren’t disclosed online. It’s necessary to get in touch with a representative for a customized quote.
- There are a lot of additional fees that aren’t disclosed.
- It’s not optimized to integrate with other kinds of software
- Some users have said there are issues with the time-off policies.
- Many HR features cost extra.
- Users have reported issues with time-off policies.
- A lot of the HR features are additional. That means you have to pay more to use them.
| Essential | Enhanced | Completee | HR Pro |
| Computer, Phone Call & Mobile app | All features in Essential |
All that Enhanced Provides |
All You Get in Complete |
| Direct Deposit | Background Checks | Alerts & Notifications |
Discount Program for Employees |
| Employee Access |
Check Signing & Stuffing |
HR Compliance Alerts & Database |
Enhanced Support for HR Helpdesk |
| HR Checkups |
Poster Compliance |
HR Forms & Documents |
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| HR Tips & Newsletter |
Secure Check |
HR Tracking |
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| Ledger Interface |
Services for Garnishment Payment |
HR Training & Toolkits |
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| New-hire Reporting | SUI Management |
New-Hires Onboarding |
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| Robust Reporting |
ZipRecruiter® |
Wizard for Employee Handbook |
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| State and Federal Forms & Resources |
Wizard for Job Description |
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| Tax filing | |||
| W-2s & 1099s | |||
| Wisely Direct Debit Cards |
Gusto Payroll
Advantages
- It’s a full-service payroll
- Will manage employee benefits
- Offers you time-tracking
- Robust hiring & onboarding tools
- Self-service tools for employees
- Financial tools for employees
- Automatic tax filing
- Varied frequency of pay schedule
- You can build customized reports
- Great experience for users
- Affordable
- Offers a version just for contractors
- Integrates with other kinds of popular software
- Customer services is very responsive
- Automated reminders
Disadvantages
- No features for geo-tracking
- Doesn’t have a mobile app
- No international payroll features
- There are some integration limits
| Automated Filings, Payroll and Taxes | Forms | Flexible Features for Payroll |
Advanced Features for Payroll |
Features for Employee Management |
Online & On the Road |
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Automated Taxes |
940 | Debit Cards from Gusto | Pre-tax benefits are integrated | Charitable Donations |
Calendar sync |
| Garnishents for Child Support | 941 | Simple Cancellations | Expense integration |
Digital paystubs |
Collaboration |
| 1099 & W-2 | 1099 |
Multiple States |
Accounting integration |
Direct deposit |
Digital signatures |
| Reporting of New HIres | 8974 | Unlimited Payrolls | Federal Tax Credit for R&D |
Employee management |
Mobile |
| Adjustment for minimum wage | State & Local |
Contractor payments |
FICA Restaurant Tax Credit |
Employee Onboarding is Paperless |
No setup fees for payroll |
| Tip Credits | W-2 | Reimbursements |
Integration for time tracking |
Lifetime accounts |
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| Autopilot Payroll |
Direct Deposit Next Day |
Teams |
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| Many Pay Schedules |
Vacation & Sick Policies |
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| Unlimiited Off-Scedule & Bonus Payroll | |||||
| Hourly & Salaried Employees | |||||
| Easy Cancellations | |||||
| Garnishments | |||||
| Payment Schedules are Flexible | |||||
| Paperless Paychecks | |||||
| Net-to-Gross Calculation | |||||
| Deductions | |||||
Paylocity Payroll
Advantages
- Services are scalable, including performance management and HR
- There are a lot of integrations
- Customer service is live with a lot of availability
Disadvantages
- No transparency about prices
| Payroll |
Tax Filing |
Benefits Administration |
Time and Labor Management |
Talent Management |
| Administration of Workers Compensation | 1099 Reporting |
Employees can self-choose from a menu of dental, health and vision choices, including HSAs, FSAs, Health Reimbursement account, Premium only plans |
Allow the employees to clock in & out from their mobile device or computer |
Recruiting & applicant tracking. |
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Automatic adjustments for bonuses, promotions and rasies |
W-2 Preparation & Filing with SSA |
Offer COBRA coverage to those who are terminated or laid off |
Set some geographical restriction on where the employees are able to clock in & out. |
Note employee accomplishments, projects and tasks and meeting notes. |
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Expense management program built in to automatically sync payroll and employee reimbursements |
Provides 1095-C & File 1094 -C (is required for companies with more than 50 employees offering health insurance using ACA) |
Offer employees commuter benefits |
Approve and request requests for time-off from anyplace |
Track ongoing performance and formally at certain times. |
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Review, correct and check payroll before every payday. |
Payroll reconciliation ensuring payroll matches what you report to SSA & IRS |
Provide benefit cards to employees that are pre-loaded |
Run reports, like monthly summaries of the time-off requests and time worked |
Custom review forms for performance allowing for 360 and 1:1 feedback |
| Templates for new hires to make onboarding independent contractors and employees easier |
Total guarantee if you’re charged with any penalties because of an error on Paylocity’s part |
Track & assign points for tardiness or absenteeism. |
Measure feedback from employees using surveys. |
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Self-service portal for employees for company information, access to pay stubs and direct deposit. |
Self-service portal for employees for company information, access to pay stubs and direct deposit. |
Sync the time tracking and payroll automatically. |
Ensure bonuses and pay raises line up with the budget of the business. |
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View history of periodic payments and tax deposits |
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When you are looking for a payroll service and you are considering one of these listed here, you want to think about what it is that you and your company needs. At Ready Business Systems, we use Gusto and we love it. But you want to consider everything to help you choose the right one for you.
