Gusto Review 2023: A Top-Notch Payroll and HR Platform

When running payroll manually, Gusto takes you through three steps. The next step prompts you to enter any paid time off that employees took during the pay period. This is also where you can approve or deny pending time-off requests.

Financial Wellness With Gusto Wallet App

Gusto is a great choice for startups and small businesses that want to focus on automated, compliant payroll and build out from there to include solutions for benefits, time tracking and more. Gusto takes care of calculating and https://wyomingdigest.com/navigating-financial-growth-leveraging-bookkeeping-and-accounting-services-for-startups/ filing payroll taxes for you and your employees, and it keeps a record of pay stubs accessible to employees through their online profiles. Employees also get an email each payday letting them know their money’s coming in.

Does Gusto offer health insurance?

• Gusto is a great choice for startups and small businesses that want to focus on automated, compliant payroll and build out from there to include solutions for benefits, time tracking and more.
• 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.
• Features including background checks and benefit enrollment are paired with cloud-based services such as e-signatures and state tax registration to create a streamlined onboarding experience.
• 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.
• However, under the paycheck splitter setting, we were able to see the option of depositing a dollar amount or percentage of a paycheck into any given account.

We believe everyone should be able to make financial decisions with confidence. Gusto syncs payroll, taxes and wages data directly to QuickBooks to make accounting even easier. You can give access to your company’s Gusto administration to an employee within your company or someone outside your company.

Top-notch employee portal access

Gusto software incorporates plenty of personalization components as well, helping to acclimate new hires and integrate them into the team. From sending digital offer letters to setting birthday reminders, the platform allows you to connect with employees even from a distance. Gusto helps get new employees onboarded quickly, whether they are working in person or remotely. Features including background checks and benefit enrollment are paired with cloud-based services such as e-signatures and state tax registration to create a streamlined onboarding experience. Gusto offers a good mix of features and has built a strong, positive reputation amongst HR professionals across industries. RUN Powered by ADP Plans start at $79 per month (base) and $4 per person per month.

You simply choose a schedule—Gusto automatically suggests one for you—and confirm state tax details based on where employees are located. Next, Gusto provides a brief questionnaire that will help you decide on which of its three plans is the best fit for your business needs. Once that step is complete, you’ll add employee information, such as pay rate, direct deposit details and any withholdings, into Gusto.

Gusto vs. Paychex Flex

For more options, browse our roundup of best workers’ compensation insurance providers. However, the downside we noticed is that payroll and adding new team members, in particular, require a lot of manual data entry upfront. In addition, customization of reporting, templates and dashboard is limited. No matter which plan you choose, you can always switch to a different Gusto plan or cancel any time if your business changes. For those looking to manage only contractors, Gusto has a Contractor plan that’s $6 per month per person.

• As the admin, you can see outstanding expense reimbursement requests on the dashboard.
• And you can request free payroll setup assistance from Gusto or tackle the online setup process yourself when creating your initial payroll account.
• Employees can complete onboarding paperwork, select benefits and access pay stubs and other records through the portal on their own.
• 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.
• Gusto’s payroll has the flexibility to support the various pay rates and schedules for different types of workers in your organization.

From there, Gusto lets you preview the payroll run in the third step before submitting payroll. Upon submitting, Gusto confirms that you’ve successfully submitted payroll. While the initial setup can be time-intensive, depending on the number accounting services for startups of employees, once all the information is recorded, the software’s automations take over and help streamline the process. After that point, you’ll simply need to input employee hours weekly or biweekly and Gusto will run payroll.

Broad customer support

From the employee perspective, we were able to view accrued and used time off in the web browser version of Gusto. It was easier to request time off in the Gusto Wallet app, as we didn’t have to choose the time-off type first. We found time off policies easy to set up, and we like that Gusto suggests time off policies to include.

Gusto Review 2023: A Top-Notch Payroll and HR Platform

You can set a salary or hourly wage in an employee’s profile and set up payroll on autopilot to let Gusto run payroll for you automatically on the schedule you set. With the rise of the gig economy, companies often hire full-time W-2 employees as well as independent contractors both domestically and internationally. Gusto’s payroll has the flexibility to support the various pay rates and schedules for different types of workers in your organization. With any subscription level, you’ll be able to get customer support via phone, chat or email from actual humans — specifically, Gusto’s representatives in San Francisco or Denver. 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.