Square Payroll: Streamlining Payroll Without Breaking the Bank

square payroll pricing

Managing payroll can be a time-consuming and error-prone task for small and medium-sized businesses. From calculating taxes to ensuring timely payments, the process requires meticulous attention to detail. This is where payroll software comes in, offering a user-friendly solution to automate these tasks and streamline your workflow.

Square Payroll stands out as a compelling option for businesses seeking an affordable and comprehensive payroll solution. Let's delve into its pricing structure and explore how it can benefit your business.

Square Payroll Pricing: A Straightforward Approach

Square Payroll offers a transparent and easy-to-understand pricing structure with two main plans:

  • Pay Employees & Contractors: This plan caters to businesses paying both employees and contractors. It comes with a base fee of $35 per month, plus an additional $6 per employee or contractor paid each month.

  • Pay Contractors Only: This simplified plan is ideal for businesses solely paying contractors. You'll pay $6 per contractor, per month, with no base fee.

Here's a breakdown of the key points:

  • No hidden fees: What you see is what you get. There are no additional charges for running payroll more frequently or for features like automated tax filing and W-2/1099-NEC form generation.

  • Flexible for your needs: Choose the plan that best suits your workforce composition. Need to pay both employees and contractors? Opt for the "Pay Employees & Contractors" plan. Working solely with contractors? The "Pay Contractors Only" plan keeps things simple.

  • Cost-effective for small teams: For businesses with a handful of employees or contractors, Square Payroll's pricing remains highly competitive.

  • Scalable as you grow: As your team expands, the per-employee fee ensures your payroll costs grow proportionally.

Beyond the Price Tag: Value-Packed Features

Square Payroll goes beyond just processing payroll checks. It offers a suite of features designed to simplify HR tasks and provide valuable insights for your business. Here are some highlights:

  • Automated tax filing and payments: Save time and eliminate the risk of errors by letting Square Payroll handle federal, state, and local tax calculations, filings, and payments.

  • Effortless time tracking (optional add-on): Integrate Square Time Tracker with your payroll system for seamless time tracking and automated payroll calculations based on hours worked.

  • Benefits administration (optional add-on): Simplify benefits management by offering health insurance, retirement plans, and other benefits directly through Square Payroll.

  • Employee self-service portal: Empower your employees to access paystubs, and W-2s, and update personal information through a secure online portal.

  • Multi-payment options: Offer your employees the flexibility to choose their preferred payment method, including direct deposit or paper checks.
  • Reporting and analytics: Gain valuable insights into your workforce with comprehensive reports on payroll costs, employee trends, and more.

    Square Payroll: The Ideal Choice For...

Square Payroll is a perfect fit for a variety of businesses, particularly:

  • Small and medium-sized businesses (SMBs): Its affordable pricing and user-friendly interface make it ideal for SMBs looking for a cost-effective payroll solution.

  • Startups and young businesses: With its flexible plans and scalability, Square Payroll can grow alongside your business.

  • Businesses with a mix of employees and contractors: The "Pay Employees & Contractors" plan simplifies payroll processing for businesses with diverse workforces.

  • Businesses seeking an all-in-one solution: Square Payroll offers a comprehensive suite of features to streamline payroll, and HR tasks, and gain valuable insights

Making the Switch to Square Payroll

Square Payroll offers a smooth and hassle-free onboarding process. Here's a quick glimpse:

1. Sign up for a free trial: Explore the platform and its features before committing.
2. Enter your business information: Set up your account and provide essential details about your business.
3. Add your employees and contractors: Input employee and contractor information securely.
4. Run your first payroll: Square Payroll guides you through the process, ensuring a smooth and accurate payroll run.

Simplifying Payroll for a Streamlined Future

By choosing Square Payroll, you gain a reliable and user-friendly partner for managing your payroll. Its transparent pricing structure, comprehensive features, and scalable solution make it an attractive option for businesses of all sizes. With Square Payroll handling the complexities of payroll, you'll be free to focus on what matters most – running and growing your business.

Contact us here for Payroll services now!

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