Plans and Services
Gusto has consistently pursued improvement over the years, introducing new features such as state payroll tax registration, enhanced user support, HR tools, and global contractor payments. Their commitment to customizability, usability, and comprehensiveness earned them an Editor’s Choice award for small and medium-sized businesses.
As a payroll provider, Gusto offers a range of service plans that provide significant flexibility. For example, a company can start with the Contractor Only plan for working exclusively with contractors and later transition to the full-payroll option if they decide to hire W-2 employees as well.
Gusto can also function as a direct healthcare broker, allowing employers to seamlessly sync various types of insurance—such as dental, vision, and medical—with their payroll at no additional cost. If a company prefers to stick with its existing healthcare broker, integration into Gusto’s system is available for $6 per employee.
Contractor Only
The straightforward Contractor Only plan provides unlimited payroll runs; however, these runs are not automated. Companies requiring Gusto’s assistance with tax handling will need to opt for the Simple plan. With the Simple plan, Gusto can automatically calculate, file, and pay local, state, and federal taxes.
Simple
The Simple plan offers essential features for hiring and onboarding, including offer letter templates, hiring documents, and onboarding checklists. It also provides full-service payroll for both 1099 contractors and W-2 employees. Payroll managers can customize administrative permissions and integrate accounting, time tracking, and expense management tools. While users have 24/7 access to the online help center, live customer support is somewhat limited.
Plus
The Plus plan includes all the features of the Simple plan, along with several additional benefits. Companies gain access to multi-state payroll services instead of just single-state payroll. It also offers advanced hiring and onboarding features, as well as tools for project and time tracking. Additionally, the plan provides insights into wages, benefits, hours, and more through the workplace cost report.
Premium
The Premium plan encompasses all the features included in the Plus plan while offering exclusive access to compliance alerts and the HR Resource Center. Customers also receive support for migrating to full-service payroll and integrating health insurance brokers into Gusto.
Gusto Features
Payroll
Gusto provides payroll services similar to other HR software available in the market, but it stands out with its unlimited payroll feature. This allows managers and employers to pay employees at any time without incurring additional costs. Users are not restricted to a fixed payment cycle; they can process off-cycle payments, issue bonuses, and cancel payments with ease.
HR Services
Gusto’s HR services encompass features that enhance the workplace experience. Key offerings include health benefits for employees, time-off tracking, payroll management, 401(k) plans, and college savings options. All these records are consolidated on a single dashboard, providing users with easy access and convenience.
Onboarding
Gusto simplifies the onboarding process for new hires, making it easier for hiring managers. Once a job applicant is approved, the manager can effortlessly onboard the new employee with the click of a button. The system automatically distributes all essential paperwork, including tax forms and contracts, for the new hire to sign and return.
Employee records are neatly organized into six categories: Personal, Performance, Job & Pay, Time Off, Benefits, and more. This organization allows managers to quickly access specific information, such as payment methods, compensation details, and tax information for each employee.
Accounting and Time Management
Gusto can be integrated with the Deputy time tracker, allowing businesses to monitor employee time usage effectively. Features such as task management, attendance tracking, and talent management provide valuable insights into productivity. Users can sync timesheets from platforms like Xero, QuickBooks, and TSheets for instant updates on hours worked, which are then seamlessly added to the company’s payment system. Additionally, Gusto’s tax management tools help ensure that financial records comply with state and federal regulations.
Mobile App
While Gusto does not provide a dedicated mobile app, its website is optimized for mobile use. This allows users to easily access Gusto’s services directly from their mobile devices without the need to download a separate application.