Your HRA plan design is customizable so you have the flexibility to create a benefit your employees want. Our payment automation capabilities speed up reimbursement for your employees, while our mobile app provides the transparency they need. We manage almost all aspects of our lives from the palms of our hands.

ADP provides a comprehensive payroll service that accommodates any sized company. They handle everything from recording employee hours to calculating paychecks, benefits, and taxes – even incorporating time off into the mix. Run Powered by ADP is ADP’s payroll software package specifically designed for small businesses with one to 49 employees. Run Powered by ADP is easy to use and chock full of features to help small businesses run their payroll. ADP ranked in Forbes Advisor’s 9 Best Payroll Services For Small Business in 2024. Not only is it one of the largest and most trusted payroll providers in the world, but ADP also serves more than 920,000 clients in 140 countries.

Employee Management & PTO

Multinational businesses have to mitigate such challenges as large distances between offices, different currencies and languages and ever-changing regulations. The ADP offerings in this category are designed to help companies, regardless of size, with employees all over the globe. With multiple offices and thousands of employees spread out among them, making sure HR is in order can be quite a task. The ADP offerings in this category are designed to help large businesses handle all of their talent management needs and strategic objectives.

  • However, that just scratches the surface of the differences between ADP and Paychex.
  • However, that does not mean it will be an ideal fit for your company automatically.
  • ADP and Gusto can support small to medium-sized businesses looking for basic payroll.
  • Maybe you already have a payroll, HR, or financial system in place, but are worried about potential compliance gaps that your team can’t fully cover.

It is a significantly younger company than ADP and was designed with dynamic startups and small businesses in mind. When compared to ADP, Gusto shines in the availability of features by cost. Even Gusto’s most basic plan offers wage garnishments, health benefits administration, unemployment insurance, new hire onboarding and workers’ compensation. To get these items on ADP, users either need to purchase a more advanced plan or add-ons.

The top 3 benefits you don’t want to miss

This practice is not changing, and ADP TotalSource will be responsible for remitting full premium to the carriers for AEIs during the subsidy period. As a result, clients should not expect a premium credit from payroll taxes. ADP TotalSource, as your Plan Sponsor and co-employer, will continue to proactively monitor regulatory changes and update our COBRA Notices. ADP TotalSource will also notify all qualified beneficiaries within the required timeframes as provided by ARPA. Do not have an election in place will have the opportunity to make an election during an Extended Election Period and will have 60 days to make an election upon receipt of Notice. AEIs who make an election at this time will have coverage begin on April 1, 2021 and will not be required to retroactively pay for COBRA premiums back to their original qualifying event date.

Common expenses include, but are not limited to:

ADP is one of the leading payroll software providers and offers multiple payroll products and services for small to large businesses. Both options can easily handle basic payroll tasks; ADP takes things a step further with options such as auto-scheduled payroll https://adprun.net/employee-benefits/ runs and a small business marketing toolkit. On the flip side, Paychex offers business insurance, emergency loans, and transparent pricing that may attract some businesses. However, that just scratches the surface of the differences between ADP and Paychex.

Are You Eligible For COBRA?

For time and attendance software, ADP works with ClockShark, Deputy, Homebase, MakeShift, and QuickBooks Time. ADP is surprisingly intuitive for such advanced software in terms of features, and the setup process comes with guided support. When you sign up for ADP, you can expect a setup fee that usually gets waived with a contract. ADP generally offers customers two free months and reduced rates to sign a yearly contract. Each contract is different, but most request a 12-month commitment and are paid upfront. There is no termination fee, but there are no refunds for canceled contracts.

ADP TotalSource

A benefit of its expertise is that ADP offers extensive reporting options. Once inside certain features, additional reporting options become available. For example, with the ADP time-tracking software, you can run reports that show which employees are approaching overtime, which employees routinely forget to clock out, and more. ADP Payroll’s tax support features are standard in the payroll software sector. ADP will calculate, withhold, and pay the IRS its share of taxes.

Having them do all of this work will save your time and headache when it comes to making decisions or filing paperwork, and managing employees. FitSmallBusiness.com found that it could cost up to $3,079 yearly for 10 employees running bi-weekly payroll without discounts or as low as $2,098 per year with a discount of 20%. Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services.