What is the cost of using Gusto payroll?

Q: What is the cost of using Gusto payroll?

The cost of using Gusto payroll depends on the number of employees you have and the features you need. Prices start at $39 per month plus $6 per employee per month for the Core plan, with additional pricing tiers for higher-level plans.

Gusto offers several pricing plans to accommodate the needs of businesses of different sizes and requirements. The cost of using Gusto Payroll depends on the specific plan chosen, the number of employees, and the additional features a business may need. Below is an overview of Gusto’s pricing structure, including the different plans available and any additional costs to consider.

Gusto Payroll Pricing Plans

Core Plan

The Core Plan is Gusto’s most basic option, designed for small businesses that need a simple, straightforward payroll solution. The Core Plan starts at $40 per month, plus $6 per month per employee. This plan includes full-service payroll, employee self-service, health benefits administration, and workers’ compensation administration. It also offers automatic tax filing and compliance support for federal, state, and local taxes.

Complete Plan

The Complete Plan is ideal for growing businesses that require more advanced features. This plan starts at $60 per month, plus $9 per month per employee. In addition to all the features included in the Core Plan, the Complete Plan provides time tracking, time-off requests, employee onboarding tools, and employee surveys. The plan is designed to offer a more comprehensive HR and payroll experience, including enhanced customization and administrative controls.

Concierge Plan

The Concierge Plan is Gusto’s premium offering, starting at $120 per month, plus $12 per month per employee. This plan includes all the features of the Core and Complete Plans, plus access to certified HR professionals, a dedicated support team, and additional HR resources. The Concierge Plan is ideal for businesses that require more personalized HR support and guidance, including access to a dedicated customer success manager.

Select Plan

The Select Plan is a custom pricing option tailored for larger businesses or those with more complex payroll needs. To receive a quote for the Select Plan, businesses need to contact Gusto directly. This plan includes all the features of the Concierge Plan, along with additional flexibility, personalized support, and customization options to meet the specific requirements of larger organizations.

Additional Costs and Considerations

State-Specific Compliance Fees

While Gusto's plans cover most payroll and tax compliance services, there may be additional costs for state-specific compliance requirements, such as new hire reporting or state unemployment insurance. These fees vary depending on the state in which the business operates, and Gusto provides a detailed breakdown of any additional costs that may apply.

Additional Benefits Administration Fees

Gusto offers a wide range of employee benefits, including health insurance, retirement plans, and workers' compensation insurance. While some of these benefits are included in the basic pricing plans, there may be additional fees associated with administering certain benefits. For example, businesses that choose to offer 401(k) plans through Gusto's partnership with Guideline may incur additional fees based on plan selection and employee participation.

Contractor Payments

For businesses that need to pay contractors, Gusto offers a contractor-only plan that costs $6 per month per contractor with no base fee. This plan includes unlimited contractor payments, direct deposit, and 1099 form creation and filing at the end of the year. It is a cost-effective solution for businesses that do not have any W-2 employees but need a reliable system for paying contractors.

Promotions and Discounts

New Customer Discounts

Gusto occasionally offers promotions and discounts to new customers, such as a percentage off the first few months of service or a flat-rate discount for the first year. These promotions vary over time, so it is advisable to check Gusto’s website or contact their sales team for current offers when considering signing up for their services.

Referral Program

Gusto also offers a referral program where existing customers can refer other businesses to Gusto. When a referred business signs up and runs payroll, both the referrer and the new customer may receive a discount or credit toward their Gusto subscription. This can be a valuable way to reduce costs for businesses that are satisfied with Gusto’s services and want to recommend it to others.

Free Trials and No Long-Term Contracts

Free Trials

Gusto offers a free 30-day trial for new customers to test the platform and experience its features before committing to a paid plan. This allows businesses to evaluate the software and determine if it meets their needs without any financial commitment.

No Long-Term Contracts

Gusto does not require businesses to sign long-term contracts. All plans are billed on a month-to-month basis, giving businesses the flexibility to change plans or cancel their service at any time without incurring penalties or additional fees. This flexibility makes Gusto an attractive option for businesses looking for a payroll solution that can adapt to their changing needs.

Conclusion

The cost of using Gusto Payroll varies depending on the plan selected and the specific needs of your business. With multiple pricing options, including the Core, Complete, Concierge, and Select plans, Gusto provides flexibility for businesses of all sizes. Additional costs may apply for specific compliance requirements, benefits administration, or contractor payments, but Gusto’s transparent pricing structure and flexible plans make it a competitive choice for payroll and HR management.