Average Cost Of Payroll Services
Welcome to our reviews of the best payroll processing services of 2020 check out our top 10 list below and follow our links to read our full in depth review of each payroll processing service alongside which you ll find costs and features lists user reviews and videos to help you make the right choice.
Average cost of payroll services. The price of a payroll service provider can vary depending on your area. A fully managed payroll service will cost around 4 6 per employee per month if you employ between one and ten people. With an hr payroll provider you can expect to pay up to 40 times less than a peo. Online payroll sample costs.
But these fees are minuscule compared to a peo cents on the dollar. Reviews of the top 10 payroll processing services of 2020. For example a company of 25 35 employees that uses well known payroll processing companies pay up to 1 500 a month for basic services. The cost of payroll services will depend on the size of your businesses.
The cost to actually process payroll is sometimes overlooked whether it s done by hand or with a payroll processing software. 55 75 average monthly cost for small office of 2 5 employees. 1 00 to 1 50 average payroll processing cost per check does not include base rate. Certain costs are associated with just about any payroll solution.
If you re a small business of ten people or fewer you ll typically pay around 4 per employee per month but payroll services costs vary from 5 to 12 per employee per month for smbs. Additionally payroll costs depend on the type of payroll service you want. Outsourced managed payroll services are typically priced on a monthly basis with pricing based on the number of staff that you employ payroll service costs also depend on the frequency with which you pay your staff. Below are a few examples of price facts for online payroll services which will give you an idea how how much you will pay for you purchase.
So how much do payroll processing services typically cost. There s usually a base fee that can range from 10 to 85 per. An hr payroll provider usually charges a fee per employee per pay period. That s a small price to pay for accurate and streamlined payroll ensured compliance and peace.
In many cases larger companies will receive discounted package fees bringing the per capita payroll cost down for large employers. The average cost for a payroll service provider is 130.