Square Payroll vs Gusto
When it comes to managing your business payroll, tax filings, and employee benefits, it’s important to have access to a solution that best fits your unique needs.
Why businesses choose Square
Both Square and Gusto offer easy-to-use payroll solutions that take the guesswork out of managing your payroll and other business finances. However, Square’s solutions are easily integrated into the Square ecosystem, providing a one-stop shop for all of your business needs.
- Full-service payroll
- Easily integrate with Square POS
- Sell online and on social media with a free online store
- Online ordering and delivery with Square Online
- Manage your savings and cash flow with Square Banking
- Increase your sales with Square Marketing
Square Payroll vs Gusto
| Square | Gusto | |
|---|---|---|
| Cost comparison | Starting at $35 a month + $6 a month per user. Learn more about pricing | Starting at $40 a month + $6 a month per user. |
| Free setup | Yes |
Yes |
| Unlimited monthly pay runs | Yes |
Yes |
| Automated federal and state tax filing | Yes |
Yes |
| Contractor payment | Yes |
Yes |
| Timecards & employee app | Yes |
Time tracking via partner integration |
| Process payroll from mobile app | Yes |
No |
| Employee app | Yes |
Yes |
| Omnichannel tools | ||
| Point-of-sale that fits your business | Yes |
No |
| Free online store | Yes |
No |
| Offer appointments | Yes |
No |
| Payments and banking working as one | Yes |
No |
| Small business loans | Yes |
No |
| Debit card | Yes |
No |
| Get paid faster with invoices | Yes |
No |
A closer look at Square vs Gusto
Fees
Square’s all-inclusive flat pricing starts at $35 a month plus $6 for every additional person paid – and you don’t start paying until you pay your first employee. However, if you’re only paying contractors and not employees, you have to pay $6 per contractor with no additional fee.
With Gusto, you can choose from a variety of payroll pricing plans starting at $40 a month plus $6 for additional employees being paid. The bigger your team and the more complex your payroll needs, pricing plans increase to up to $149 plus $12 a month for additional employees. Similar to Square, you only pay $6 a month per contractor if you’re only paying contractors.
Features
Square makes payroll simple, allowing business owners to focus more on what really matters. Square’s payroll includes employee management solutions, timecards, employee apps, and tax filings with an all-inclusive flat-fee with no commitments. And with Instant Payments, run your payroll as little as one business day in advance.
Gusto offers similar employee support, tracking time, integrating benefits, and providing tax payroll services and support. In addition, Gusto also offers additional support for onboarding, making it quick and easy for new employees to become integrated with your payroll system.
Business solutions
Square offers all the tools for your business to grow. From integration to point-of-sale (POS), Square Team Management, appointments, and marketing tools to a free online store builder and loans. Sell where your customers are and get paid anytime with flexible business solutions.
Learn more about starting with Square
Gusto is a straightforward HR, team management, and payroll solution that provides services to help your employees get paid. Gusto’s payroll software integrates with other third-party platforms.
Start with Square Payroll today
Pay your team with our payroll software for small businesses.
FAQ
Square online payroll service for employees and contractors is available to employers in all 50 states and the District of Columbia.
You will need to provide the required business information like your Federal Employer Identification Number (EIN) and create a free Payroll account.
Yes, enable Instant Payments to run your payroll as little as one business day before your employees’ pay date instead of the 4 days in advance submission. Your team will receive their pay the next business day via direct deposit or instantly if they use Cash App, even on weekends.
With Square Payroll, you can pay employees and contractors or contractors only. The employee and contractor payroll is useful for businesses that hire W-2 employees and 1099 contractors, while the contractors’ only option is helpful for businesses that hire self-employed independent contractors. At this time, Square does not support household employers and agricultural employers.
Competitive data on this page was collected as of April 15, 2022 and it is subject to change or update without notice. Square does not make any representations as to the completeness or accuracy of the information on this page.