When it comes to choosing a payroll provider for your business, there are many factors to consider. Two of the most popular providers are Gusto and Namely. Both Gusto and Namely offer a range of features and services that can be customized to fit the needs of your business. In this article, we'll compare Gusto and Namely side-by-side to help you decide which provider is right for you.

Pricing

Gusto offers a base price of $39 + $6 per employee per month. They also offer a premium version for an additional $12 per employee per month. This premium version includes extras such as workers' compensation insurance and time tracking. Namely's pricing is a bit more complicated. They have a base price of $45 per employee per month. However, they also offer add-ons such as time tracking and benefits administration, which can add to the monthly cost.

Features

Payroll

Gusto offers a full suite of payroll features, including direct deposit, automatic tax filing, and employee self-service. They also offer a wide range of additional features, such as tips reporting and PTO tracking. Namely's payroll features are similar to Gusto's, but they also offer a few unique features, such as the ability to set up payroll deductions for things like parking and transit.

Benefits

Gusto offers a range of benefits administration features, including the ability to offer health, dental, and vision insurance to your employees. They also offer a 401(k) retirement plan and the ability to administer other types of benefits, such as commuter benefits. Namely's benefits administration features are similar to Gusto's, but they also offer the ability to offer a wider range of benefits, such as tuition reimbursement and flexible spending accounts.

Time tracking

Gusto offers a time tracking feature that allows you to track employee hours and pay them accordingly. This feature is included in the premium version of Gusto. Namely also offers a time tracking feature, but it is not included in the base price. You must purchase the time tracking add-on in order to use this feature.

Customer service

Gusto and Namely both offer excellent customer service. They both have knowledgeable representatives who are available to answer your questions via phone or email. They also both have extensive online knowledge bases that can be very helpful when you're trying to figure out how to use a particular feature.

The bottom line

Gusto and Namely are both excellent payroll providers. They both offer a wide range of features and services that can be customized to fit the needs of your business. They both also offer excellent customer service. The final decision of which provider to choose comes down to your specific needs and preferences.