Payroll Blog Posts

Learn how to set up Gusto payroll in this full video walkthrough. See the setup process step-by-step in real time so you can know exactly what you’re getting into before setting up your Gusto account.

How much does payroll software cost? It varies by business, software, and personal requirements, but in general, you can expect to pay around $44/month + $6/employee per month for payroll software that offers essential payroll software services.

To choose payroll software for your business, you’ll need to assess your business’s payroll needs, determine which payroll software meets those needs, narrow down your options, and make a final decision.

There are four types of payroll software systems to choose from: traditional payroll software, industry-specific payroll software, payroll software for accountants, and professional employer organizations (PEOs). Each option will make it easier to process payroll for your business, but may be designed for specific users or provide advanced services.

Payroll software is a good investment for most businesses looking to streamline their payroll processes. However, the learning curve and cost of payroll software may be enough to cause some small business owners pause.

Small businesses with more employees and more complex payroll needs (think: multiple pay rates and schedules, remote employees across different states, etc.) may need payroll software to save time, money, and reduce the chance of expensive payroll errors.

The difference between gross pay and net pay is simple: gross pay includes all employee earnings prior to any payroll deductions, while net pay is the earnings left over after payroll taxes and deductions are subtracted from an employee’s gross pay.

Social Security taxes are the federally mandated contributions employers and employees must pay into to support the Social Security program, which provides retirement income for American workers aged 65 and over.

The most popular employee payment methods are direct deposit and paper check payments. However, other employee payment methods, including cash, cryptocurrency, and pay card payments are also used across the US.

Hiring the best candidates requires businesses to understand how to find employees. Job candidates’ skillsets and qualifications will vary greatly depending on your company’s recruitment strategies, so it’s essential to build a recruitment strategy that prioritizes attracting good employees.