Gusto payroll is an online payroll app that provide payroll and HR services in three tiers—Core, Complete, and Concierge. The cost of Gusto will depend on which of the three tiers you opt for, how many employees you have in your system, and whether or not you add on any additional benefits.
Of all the jobs you have to take care of as a small business owner, making sure you pay your team on time and in full is one of the most important. And finding the right payroll service can automate this crucial task to also make it one of the easier parts of your job. One top option is the online payroll app Gusto. Gusto payroll offers up payroll and HR services through an intuitive online platform.
We’ve written up Gusto payroll reviews for all three versions of their payroll app so that you can get all the information you need on Gusto pricing, services, and schedule. Here’s your guide to deciding whether or not Gusto is the right payroll tool for your business.
As a reminder, Gusto offers up their payroll app and services in a tiered structure. You’ll be able choose between three different versions of Gusto payroll—each with ascending pricing and services—based on what payroll capabilities you need and are willing to pay for.
When setting up payroll for your small business, it’s crucial to calculate your monthly budget for payroll services and then determine what kind of capabilities that budget can allow you to access. Luckily, Gusto payroll offers up options.
The Core level of Gusto payroll is the most basic and the most affordable version of this online payroll app. Gusto also has a new option for contractor-only employers, who simply pay the $6/employee rate and no base price. Here are the details on the pricing and features that Gusto Core can offer your business:
Gusto payroll pricing will derive from a monthly base cost, plus a monthly per-employee cost. The Core plan for Gusto payroll will cost you a monthly $39 base cost, along with $6 per month per employee you pay through the app.
Gusto offers a free month-long trial to try out their services, so this pricing won’t apply to your first month using the product.
If you decide to go with the Core plan of Gusto payroll, then you’ll gain access to the following capabilities and services:
The next level up for Gusto payroll is their Complete version. Although this Gusto payroll plan is pricier than the Core plan, you’ll gain access to some pretty valuable capabilities and services for that extra cost. Here are the details so you can decide if leveling up is worth it:
Again, Gusto payroll pricing relies on a base monthly price along with a monthly per employee price. For the Complete version of Gusto payroll, pricing will be $39 a month, plus $12 a month per employee you pay through the app.
On top of all of the features you can access through the Core version, the Complete version comes with these additional features:
Finally, the most pricey and most capable version of the Gusto payroll app is the Concierge plan. Through this Gusto payroll plan, you’ll be able to access unparalleled services and capabilities, but you’ll certainly have to pay for them. Here’s what to consider to decide whether or not the Concierge plan is worth it for your business:
For this version of Gusto payroll, pricing reflects the additional services you’ll access. You’ll have to pay a base price of $149 per month, along with $12 per month per employee you pay through the Concierge plan.
The Gusto payroll services that you access through the Concierge version will be a lot more hands-on and human than the services that the other two versions offer. Along with all of the features that Gusto Complete offers, Gusto Concierge offers two additional services:
Along with these three basic Gusto payroll packages, Gusto also offers add-ons that you can pay for “a la carte” to attach to the Gusto plan you ended up choosing.
Of course, the Gusto payroll pricing for the add-ons will mean that your payroll app will be more expensive. That said, these Gusto payroll services might very well be necessities for your company—which is why Gusto allows the option to attach them to any plan you need to.
For no administration fees at all, Gusto offers thousands of health plans from multiple, industry-leading carriers. Gusto has licensed brokers that will help you select your coverage and enroll yourself and your employees in your chosen health insurance plan. To access this additional Gusto service, you’ll simply have to pay the premiums attached to the health benefits you select.
Gusto partners with Guideline to connect businesses with low-fee 401(k) retirement plan infrastructure for their employees. To access this additional service, you’ll have to pay a $500 setup fee, plus a $8 per month per participant fee. Be sure to note that—at minimum—Gusto will charge you $40 a month, so if you have fewer than five participants in your 401(k) employee benefit, then you’ll be paying extra.
Gusto partners with AP Intego to offer pay-as-you-go workers’ comp plans that can easily integrate with your Gusto payroll app.
Gusto also partners with Gradvisor to provide Gusto users with access to 529 college savings plans for their employees. For these tax-advantaged savings accounts, you’ll have to pay $6 per month per participant, with an $18 a month minimum and no setup fee.
Finally, Gusto payroll services can also connect you with three tax-advantaged spending accounts. To access these three options, you’ll pay a $200 annual service charge, along with any additional costs that each account calls for:
Health Savings Accounts
For just $2.50 a month per participant, Gusto offers health savings accounts, or HSAs, which are pre-tax savings accounts for qualified health expenses. Plus, Gusto won’t charge a minimum monthly cost for this service, so you won’t have to pay extra if you’re only providing the service to a small number of employees.
Flexible Spending Accounts
Gusto also offer flexible spending accounts, or FSAs, for qualified health expenses and qualified dependent care expenses. This will cost an additional $4 a month per participant, with a $20 a month minimum cost.
Last, Gusto also offers pre-tax spending accounts for your employees’ commuter costs. This will also cost $4 a month per participant, with a $20 minimum monthly cost.
There you have it—all of the moving parts of what your Gusto payroll services and pricing could end up looking like. To be sure, Gusto is an extremely customizable app. And based on what you and your employees need from a payroll and HR platform, you can pick and choose how you want your Gusto account to work.
All in all, figuring out Gusto payroll pricing will rely on your finding a happy medium between the services you need and the monthly cost you’re willing to pay for them, so be sure to weigh all of your potential Gusto payroll plan iterations to find the perfect one. After you’ve set up your Gusto payroll, you can rest easy knowing that your team will be paid for their work on time, every time.
Maddie Shepherd is a former Fundera senior staff writer and current contributing writer for Fundera.
Maddie has an extensive knowledge of business credit cards, accounting tools, and merchant services, but specializes in small business financing advice. She has reviewed and analyzed dozens of financial tools and providers, helping business owners make better financial decisions.