Top 6 Online Payroll Companies of 2024

Top 6 Payroll Providers | Payroll Outsourcing From $4/Employee

ADP

Biggest payroll brand in the US

Scalability and Flexibility

Handles payroll & HR

View Deals on ADP Website

★★★★★

Paycor

Comprehensive HR and Payroll Integration

Customizable and Scalable Solutions

Pay employees from anywhere

View Deals on Paycor Website

★★★★★

Insperity

Provides a Comprehensive Service

Excellent Customer Support

Easily Intergrated

View Deals on Insperity Website

★★★★★

OnPay

Ease of Use

Excellent Service at a Competitive Price

Free Setup & Data Migration

View Deals on OnPay Website

★★★★★

Gusto

Best For Small Businesses

User-Friendly Interface

Easy DIY Setup

View Deals on Gusto Website

★★★★★

Paychex

Comprehensive Services

Scalability and Customization

Dedicated Payroll Specialists

View Deals on PAYCHEX Website

★★★★★

Frequently Asked Questions

Choosing a payroll outsourcing company involves careful consideration and asking the right queries. Certain aspects of this decision can be complex and not immediately clear. Without understanding these points, your experience with payroll outsourcing may be negatively impacted. Hence, we have compiled a list of frequently asked questions and their corresponding answers for your convenience.

What is payroll outsourcing?

Payroll outsourcing is the use of an external service provider to handle the administrative and compliance functions of paying employees.

Why should I consider payroll outsourcing for my business?

Outsourcing payroll can save time, reduce costs, improve compliance with tax and employment laws, and provide access to technology and expertise not available in-house.

How does a payroll outsourcing company protect my data?

Payroll companies employ several measures to protect your data, such as encryption, secure servers, two-factor authentication, regular back-ups, and stringent privacy policies.

What services are typically included in a payroll outsourcing package?

A standard package usually includes payroll processing, tax filing, compliance management, direct deposits, and report generation. Many providers also offer additional services like time and attendance tracking, HR management, and benefits administration.

How much does it cost to outsource payroll?

The cost depends on several factors, such as the number of employees, frequency of payrolls, additional services required, and the provider chosen. Some providers charge a base fee plus a per-employee fee.

Will outsourcing payroll affect my employees?

In most cases, employees will not notice a significant change. However, they might benefit from better systems, like easy-to-use online portals for viewing pay information and making changes.

Can a payroll company handle multiple state taxes for my employees?

Yes, a competent payroll provider should be able to handle taxes for employees in multiple states, even if your business is located in one state.

Can I switch payroll providers in the middle of the year?

Yes, you can switch at any time. However, it’s often easiest to switch at the end of a quarter or a year to make the transition smoother.

What are the steps to transition to a payroll outsourcing company?

First, you need to choose a provider, then provide them with information about your business and employees. The provider will set up the system, train you and your employees, and begin processing your payroll.

What happens if there are errors in the payroll?

Quality payroll providers stand behind their services and correct errors promptly. They may also cover any resulting fines or penalties.

How does a payroll outsourcing company stay updated with payroll laws and regulations?

Most payroll companies have dedicated compliance teams that monitor changes in laws and regulations at the federal, state, and local levels. They then update their systems and processes accordingly.

Can I outsource only a part of my payroll process?

Yes, many payroll companies offer a la carte services, so you can choose to outsource only certain parts of your payroll process.

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