Managing human resources (HR) tasks can be challenging for growing businesses, but using the right software simplifies the process and boosts efficiency. While some companies prefer simpler tools with essential features, others require comprehensive platforms with advanced functionality to meet their needs. Gusto and Justworks are two widely used platforms, each offering flexible features to support various business requirements.
But how do you decide which one is right for your organization?
Gusto is ideal for growing teams on a budget as it offers comprehensive payroll and benefits management at a lower base cost. Meanwhile, Justworks is better suited for companies prioritizing PEO service and extensive wellness benefits to support larger, multi-state operations.
This guide provides a detailed Gusto vs Justworks comparison, highlighting their key features, unique functionalities, and pricing models. It also outlines their strengths and weaknesses to help you understand the pros and cons of each platform.
Features | Gusto | Justworks |
Payroll | Unlimited payroll runs, supports R&D tax credits, handles salaried/hourly pay, and offers direct deposit with Gusto Wallet | Supports multi-state payroll, contractor payments, custom pay schedules, integrated time tracking, and off-cycle payments |
Benefit Administration | Provides medical, dental, vision coverage, 401(k), HSAs/FSAs, life/disability insurance, and COBRA management | Offers health/dental/vision plans, mental health support, fitness memberships, commuter benefits, and family planning services |
Compliance | Automates payroll tax filings, ACA reporting, state tax registration, manages SUI filings, and ensures labor law compliance with geolocation tracking | Handles payroll filings, ACA compliance, COBRA administration, and multi-state compliance tools |
Pricing | Plans start at $40/month + $6/month/person | Plans start at $8/month/person + $50/month base fee |
Gusto HR is a comprehensive cloud-based human resources (HR) platform designed to streamline and simplify administrative functions for small and medium-sized businesses. It automates critical tasks such as payroll processing, state tax registration, and compliance while also offering tools for time tracking, hiring, onboarding, and performance management.
The software stands out by providing health insurance at no additional cost, and its ‘Broker Integration’ allows your trusted broker to manage employee benefit plans directly within the platform.
Gusto works well for healthcare businesses because of its advanced compliance tools. It is ideal for manufacturing teams due to its flexible benefits scheduling, while real estate and construction companies benefit the most from its commission-based payment system and detailed project costing features.
Unique Features Of Gusto
- Paycheck Splitter: This feature allows employees to divide their paycheck into multiple accounts. They can allocate specific amount or percentage towards savings goals, external bank account, or their Gusto spending account. Any changes are automatically applied to the next unprocessed payroll
- Free Payroll Setup: Gusto provides users with full access to Gusto’s payroll platform for free. You can set up your account, explore features such as time tracking and detailed reports with no commitments, credit cards, or contracts
- Gusto Wallet: The platform offers a free app with a spending account that includes a debit card, early direct deposit (up to 2 days faster), 2. 00% APY, and access to 37,000+ fee-free ATMs. Employees can view paychecks, W2s, and tax documents, with FDIC-insured accounts through nbkc bank, manageable even after leaving a job
Gusto Pros And Cons
Pros
- The software offers users the flexibility to edit payroll, even after submission
- It offers a Wallet App that allows you to make online purchases and quick payments by linking directly to your e-wallet
- Handles communication with IRS on behalf of the users, simplifying tax-related tasks
Cons
- Despite offering a valuable Gusto Wallet app, its inability to add funds to the Gusto debit card outside of payroll deposit, limits its usability
- Onboarding new employees require some manual work, which can be frustrating
Justworks HR is an all-in-one professional employer organization (PEO) platform that simplifies HR, payroll, compliance, and benefits for small and midsize businesses (SMBs). It also enables businesses to hire and manage international teams through its ‘Employer of Record’ (EOR) services without the need for local entities.
Additionally, it stands out with its ESAC accreditation, signifying the highest standards of financial reliability, compliance, and operational integrity for PEOs. It is best for remote teams because its PEO services cover 2,000 tax localities, simplifying employer tax filings, while its workers’ compensation for all worksite employees makes it equally compelling for construction businesses.
Unique Features Of Justworks
- Custom Overtime Alerts: The software includes automated safeguards such as custom overtime alerts to notify managers when employees approach overtime limits, while meal and rest break reminders ensure employees take their designated time off
- 24/7 Multi-Channel Customer Support: The platform’s customer support, which has earned six consecutive wins at the Stevie Awards, allows customers to reach support via phone, email, live chat or Slack, offering quick and accurate solutions anytime
- Professional Employer Organization (PEO): Justworks is IRS certified, as well as SOC1 and SOC 2 audited, guaranteeing complete compliance with financial regulations
Justworks Pros And Cons
Pros
- New hires can independently complete most of their pre-employment paperwork, reducing the need for administrative assistance
- Provides access to customizable templates for employee handbooks and policies, making it easier for small businesses to organize essential documents
- Through its PEO model, users can take advantage of a broad selection of benefits at lower costs
Cons
- Although the platform provides an advanced time-tracking system, some users find using two separate apps for clocking in inconvenient
- PTO balances update only after the request date passes, which can confuse users and lead to duplicate entries
In conclusion, choosing between Gusto and Justworks depends on your business's specific needs, size, and priorities. Gusto stands out for small to medium-sized businesses that prioritize affordability and essential HR tools, offering features like automated payroll, tax filing, and employee benefits. Justworks, however, is designed for businesses looking for a comprehensive PEO solution, advanced compliance support, and wellness-focused benefits like mental health programs and fitness memberships.
Both platforms support global hiring and muti-state compliance, making them suitable for businesses with distributed teams.
Ultimately, the decision comes down to evaluating your immediate HR requirements and long-term growth plans of your business. While these platforms are strong contenders, they might not suit every organization. In that case, BambooHR or Quantum Workplace might be better options to consider.