In the world of online payroll services, two names stand out above the rest: Paychex and Workday. Both are reliable, feature-rich, and user-friendly. But which one is the best for your business?
Pricing
Workday offers a base price of $45 per month for up to 10 employees, with additional employees costing $4 each per month. Paychex charges $39.95 per month for up to 10 employees, with additional employees costing $3 each per month. So if you have a small business with 10 or fewer employees, Workday will be slightly more expensive. But if you have more than 10 employees, Paychex will be more expensive.
Features
Both Workday and Paychex offer a wide range of features, including online payroll, direct deposit, tax filing, and employee self-service. But there are some key differences to be aware of. Workday offers a more robust suite of HR tools, including performance management, recruiting, and time tracking. Paychex, on the other hand, offers a wider range of business services, such as loans, retirement planning, and insurance. So if you're looking for a comprehensive HR solution, Workday is the better option. But if you're looking for a one-stop shop for all your business needs, Paychex is the way to go.
Ease of Use
Both Workday and Paychex are easy to use, but there are some slight differences. Workday's interface is more modern and sleek, while Paychex's is more traditional. Workday's navigation is also more intuitive, while Paychex's can be a bit confusing. Overall, though, both platforms are easy to use and you'll be able to get the hang of them quickly.
Customer Service
Both Workday and Paychex offer excellent customer service. They both have 24/7 phone support and live chat support. They also both have extensive online knowledge bases and FAQs. So if you need help using either platform, you'll be able to get it quickly and easily.
The Bottom Line
Both Workday and Paychex are great online payroll services. They're both feature-rich, user-friendly, and offer excellent customer service. But there are some key differences to be aware of. Workday is more expensive for small businesses, but offers a more robust suite of HR tools. Paychex is more expensive for large businesses, but offers a wider range of business services. So which one is the best for your business? It depends on your specific needs. If you're looking for a comprehensive HR solution, Workday is the better option. But if you're looking for a one-stop shop for all your business needs, Paychex is the way to go.