Gusto Review: 5 Reasons Why It’s the #1 Payroll for Small Businesses in 2024?

gusto Review

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Are you looking for easy-to-use payroll software? Do you also need help with HR and employee benefits? Gusto is a people platform. It simplifies payroll, HR, and benefits administration. They are ranked highly by many publications. Over 300,000 small and medium-sized businesses use it. This review will help you decide if Gusto is right for you.

Create a Gusto Account – It’s Free to Start!

About Gusto:

Payroll, HR, and Benefits for 300,000+ Businesses

Gusto is a cloud-based platform. It helps small and medium-sized businesses manage payroll, HR, and benefits. It’s known for its user-friendly interface and automation features. They are top-rated in many categories, including: Best overall payroll software 2024 (TechRadar Advisor, Forbes), #1 in small business core HR (G2), best payroll for contractor-run global companies 2024 (TechRadar Advisor), The best overall HR management solution 2024 (Forbes), #1 in small business benefits administration (G2), most loved 2024 (TrustRadius), #1 in small business onboarding (G2), best payroll software for small business 2023 (Business.com), best payroll for international contractor payments 2024 (Investopedia), #1 in small business implementation index for contractor payments (G2), #1 in small business payroll (G2), outstanding, Editors Choice 2024 (PCMag), best payroll for user experience 2024 (The Blueprint). They are also one of the most innovative companies for 2024 (Fast Company).

Benefits of Gusto:

  • Easy Payroll: Run payroll in just a few clicks.
  • Automated Taxes: They automatically file your payroll taxes.
  • Compliance Help: Stay compliant with payroll and HR regulations.
  • Affordable Benefits: Offer health insurance and other benefits to your employees.
  • Faster Hiring and Onboarding: Streamline your hiring and onboarding processes.
  • Time Savings: Save time on administrative tasks. (Customers report saving 5 hours running payroll each month, on average, compared to ADP).
  • Top-Rated: Ranked #1 in many categories.
  • Award-Winning: Recognized as a most innovative company.

Gusto Features:

  • Full-Service Payroll: Run payroll, file taxes, and generate reports.
  • Employee Benefits Administration: Offer and manage health insurance, 401(k), and other benefits. They are your health insurance broker at no extra cost.
  • HR Tools: Manage employee information, time off, and documents.
  • Hiring and Onboarding: Post jobs, track applicants, and onboard new hires.
  • Time Tracking: Track employee hours and integrate with payroll.
  • Performance Management: Conduct performance reviews and track employee goals.
  • Insights and Reporting: Get insights into your workforce and payroll data.
  • Talent Management: Tools for managing your team.
  • Workers’ Compensation: Administer workers’ compensation insurance.
  • Gusto Wallet: A mobile app for employees to manage their pay and finances.
  • R&D Tax Credits: Help identify and claim tax credits.
  • State Tax Registration: Register for payroll taxes in all 50 states, including on the local level.
  • Compliance Support: Get help with HR and payroll compliance.
  • Integrations: Connects with popular accounting, time tracking, and other business software.

Gusto Pros and Cons:

Pros

  • Easy to Use
  • Automated Payroll & Taxes
  • Comprehensive Features
  • Affordable Benefits
  • Excellent Support

Cons

  • Higher Base Price
  • Limited Customization
  • Phone Support Hours

How Gusto Works:

  1. Create an Account: Sign up for a free Gusto account.
  2. Add Your People: Add your employee details (they can even self-onboard).
  3. Run Payroll: Once your employee and tax info is in, run payroll in a few clicks.

Explore the Gusto Demo!

Alternatives to Gusto:

Here are some other payroll and HR providers:

ADP:

A large payroll and HR provider. Offers a wide range of services for businesses of all sizes. It is good for businesses that need a comprehensive solution. It is a well-known and established company.

Paychex:

Another large payroll and HR provider. Offers a variety of plans and services. It is good for businesses that want a lot of hand-holding. It is a well-known and established company.

QuickBooks Payroll:

Payroll software from Intuit. Integrates with QuickBooks Online accounting software. It is good for businesses already using QuickBooks. It is a popular choice for small businesses.

Rippling:

A unified platform for HR, payroll, benefits, and IT. It is good for businesses that want to manage everything in one place. It is known for its automation features.

OnPay:

Payroll software with HR features. Known for its simple pricing and ease of use. It is good for small businesses and startups. It offers a full-service payroll solution.

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