9 Top Payroll Services for Small Businesses in 2024: A Comprehensive Comparison
Payroll processing is a vital aspect of any business, and small businesses are no exception. However, managing payroll in-house can be time-consuming and complex. That’s where payroll services come in – they help small businesses automate the process, save time, and minimize errors. In this comprehensive comparison, we’ll explore nine top payroll services for small businesses in 2024, highlighting their features, pricing, pros, and cons.
Gusto
Gusto is a popular payroll solution for small businesses, offering an all-in-one platform that includes time tracking, HR, and benefits administration. It’s user-friendly, affordable, and offers excellent customer service. The base payroll fee starts at $39 per month plus $6 per employee per month.
ADP Run
Another leading payroll provider for small businesses is ADP Run. Known for its robust features, ADP offers customizable solutions tailored to various business sizes. The payroll fees start at $40 per month plus $4 per employee per month.
Paychex
With over 40 years of experience in payroll services, Paychex is a trusted choice for many small businesses. It offers various solutions to suit different business needs and has excellent customer service. The basic payroll service starts at $39.95 per month plus $4.80 per employee per month.
TriNet
TriNet is a professional employer organization (PEO) that specializes in payroll services and HR solutions for small businesses. It offers a comprehensive suite of services, including workers’ compensation insurance, and has excellent customer support. The pricing varies based on the business’s size and requirements.
5. Square Payroll
Square Payroll is a popular choice for small businesses that use Square Point of Sale or other Square products. It offers straightforward payroll solutions, automated tax filings, and integrations with other Square services. The base price is $29 per month plus $5 per employee per month.
6. Zenefits
Zenefits offers an all-in-one HR and payroll solution for small businesses. It’s known for its user-friendly interface, customizable features, and affordable pricing. The base price is $8 per employee per month, with no monthly base fee.
7. OnPay
OnPay is a payroll service that caters to small businesses, offering customizable solutions with no hidden fees. It has an intuitive interface and integrates with various accounting software. The base price starts at $36 per month plus $4 per employee per month.
8. QuickBooks Payroll
As part of the popular QuickBooks accounting software suite, QuickBooks Payroll offers an integrated payroll solution for small businesses. It’s easy to use and offers various features, including tax filing and reporting. The base price starts at $25 per month plus $4 per employee per month.
9. Payoneer
Payoneer is a global payroll solution for small businesses, offering flexible payment options and multi-currency support. It’s ideal for businesses that have international employees or need to make cross-border payments. The pricing varies based on the business’s requirements.