Implementing a human resource (HR) platform with advanced features and a user-friendly interface is the need of the hour for every business. Gusto is an all-in-one HR solution that checks all boxes. Suitable for small and mid-sized businesses, the platform makes payroll, human capital management, and benefits administration simple and straightforward.
However, to benefit the most from Gusto HR, you need to select a pricing plan that aligns with your company’s requirements. This article discusses in detail how much does Gusto cost and which pricing plan suits your company’s requirements.
Gusto Pricing Plans And Their Details
The vendor offers three main pricing plans catering to the diverse requirements of businesses. These include:
- Simple
- Plus
- Premium
Besides these, there is also a ‘Contractor’s Only’ plan for businesses that have not employed W-2 workers.
Each of these plans comes with different features, allowing companies to choose the right one for their needs. Let’s examine these plans individually to understand what each offers and how they align with various business requirements:
Disclaimer: The pricing information below is subject to change.
Simple
It is a basic plan covering essential features for companies with simpler requirements.
- Price: The simple plan is available at the base price of $40/month with an additional $6/month for every employee
- Features: Full-service single-state payroll (W-2s and 1099s included), employee self-service, basic support, payroll and time-off reports, basic hiring and onboarding tools, Gusto-brokered health insurance administration, basic integrations, employee financial benefits, and more
- What’s Not Included: The plan doesn’t include features for growing companies like multi-state payroll processing, time and project tracking tools, next-day direct deposit, time kiosk, advanced hiring, onboarding, and team management tools, and more
- Best Suited For: Gusto’s Simple pricing plan is best suited for smaller businesses with basic requirements. It is ideal for companies based in a single location with a low headcount.
- Featured Add-Ons: There are two add-ons available with the Simple plan. These include: ‘Time and Attendance Plus’ ($6/month/employee, free trial available) and ‘Next-Day Direct Deposit’ ($15/month (base price) + $3/month/employee)
Plus
Gusto’s Plus plan caters to the requirements of growing businesses that need more than the basic features.
- Price: It costs $80/month for the base price. An additional $12/month is charged for every employee
- Features: Besides all that’s included in the ‘Simple’ plan, the Plus plan offers full-service multi-state payroll (W-2s and 1099s included), advanced hiring and onboarding tools, time kiosk, time and project tracking, scheduling, team management tools, and many more
- What’s Not Included: It lacks advanced features like priority support, a dedicated customer success manager, compliance alerts, an HR resource center, access to certified HR consultants, payroll migration and account setup, and more
- Best Suited For: Evolving companies with complex HR requirements can benefit from Gusto’s Plus pricing plan. It is particularly useful for organizations with multi-state operations
- Featured Add-Ons: Companies can get Priority Support and HR Resources as add-ons for $8/month/person with the ‘Plus’ plan
Premium
Gusto’s ‘Premium’ pricing plan suits scaling companies that need a comprehensive HR solution with advanced payroll solutions, benefits administration tools, and priority support.
- Price: The base price for the ‘Premium’ plan is $180/month. An additional amount of $22/month is charged for each employee
- Features: Besides all that’s included in the ‘Plus’ plan, it offers a dedicated customer success manager, compliance alerts, an HR resource center, full-service payroll migration and account setup, access to certified HR consultants, priority support, and more
- Best Suited For: It is ideal for mid-sized or scaling companies with a multi-state presence that requires additional features like priority support and services of HR consultants
Contact us for a customized pricing plan tailored specifically according to your business’s unique requirements.
How To Choose A Gusto Pricing Plan For Your Business?
With different plans available, it can be challenging to select the right one that offers all the required features and falls within the budget bracket. Considering the following factors will help you make an informed choice when selecting the right Gusto pricing plan for your business:
- Assess Your Business Size: Identify your business's requirements by taking into account its size. The 'Simple' plan works best for smaller businesses, while 'Plus' and 'Premium' plans work best for growing businesses
- Identify Key Features: Select a plan based on the specific features you need, such as payroll, benefits management, and advanced HR tools
- Consider Your Budget: Opt for Gusto’s 'Simple' plan for affordability, the 'Plus' plan for more features at a mid-tier price, or the 'Premium' plan for premium support and a dedicated customer support manager
- Evaluate Future Growth: Select a plan that supports your business growth and evolving HR needs over time, avoiding frequent upgrades
After carefully considering these factors, you will be better positioned to choose a pricing plan that best meets your company’s current needs and supports its future growth. Need more assistance? Get in touch with one of our experienced software consultants for personalized guidance.