Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Gusto
Score 7.7 out of 10
N/A
Gusto offers payroll, benefits and compliance capabilities. Gusto is scaled for small to mid-sized businesses, and emphasizes an easy to use interface.
$46
per month
Payroll by Wave
Score 9.8 out of 10
N/A
Wave Accounting headquartered in Toronto now offers Payroll by Wave, a payroll app for small businesses.N/A
Pricing
GustoPayroll by Wave
Editions & Modules
Simple: A streamlined set of automatic payroll features and benefits integrations
$40/month + $6/mo per person
$12 per employee/contractor
Plus: Comprehensive payroll, benefits, and HR tools for employers building a great place to work
$80/month + $12/mo per person
Premium: Scalable payroll and benefits, expert HR, and dedicated support for the complex needs of growing teams
Exclusive pricing, contact Gusto
No answers on this topic
Offerings
Pricing Offerings
GustoPayroll by Wave
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsGusto offers three pricing plans for payroll, benefits, and HR, so you can choose the plan that meets your business needs.
More Pricing Information
Community Pulse
GustoPayroll by Wave
Considered Both Products
Gusto

No answer on this topic

Payroll by Wave
Chose Payroll by Wave
All the services we researched were quality options however given our size at the time I settled on Payroll by Wave apps based on cost and how easy it was to run Payroll.
Top Pros
Top Cons
Features
GustoPayroll by Wave
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Gusto
8.4
192 Ratings
2% above category average
Payroll by Wave
9.4
5 Ratings
14% above category average
Pay calculation8.2184 Ratings10.05 Ratings
Support for external payroll vendors8.58 Ratings9.03 Ratings
Benefit plan administration7.7125 Ratings9.01 Ratings
Direct deposit files8.3185 Ratings9.05 Ratings
Salary revision and increment management8.0153 Ratings9.55 Ratings
Reimbursement management9.511 Ratings10.02 Ratings
Off-cycle/On-Demand payment00 Ratings9.03 Ratings
Best Alternatives
GustoPayroll by Wave
Small Businesses
Patriot Software
Patriot Software
Score 9.1 out of 10
Patriot Software
Patriot Software
Score 9.1 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.6 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.6 out of 10
Enterprises
Infor Human Resources
Infor Human Resources
Score 7.2 out of 10
Infor Human Resources
Infor Human Resources
Score 7.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
GustoPayroll by Wave
Likelihood to Recommend
7.0
(205 ratings)
10.0
(6 ratings)
Likelihood to Renew
9.0
(7 ratings)
10.0
(1 ratings)
Usability
8.3
(29 ratings)
10.0
(1 ratings)
Support Rating
1.4
(24 ratings)
8.9
(2 ratings)
Implementation Rating
8.2
(1 ratings)
-
(0 ratings)
User Testimonials
GustoPayroll by Wave
Likelihood to Recommend
Gusto
Gusto is especially well-suited for small businesses. Its down-to-earth support staff and simple-to-use platform without extensive training make it a no-brainer. Larger companies may need a more comprehensive program, but it is harder for me to judge as I work for small businesses. It's very versatile, and no company should worry about using it.
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Wave
Great for small business payroll needs. Reports and taxes are taken care of, everything is automated and once you're set up it's literally just a matter of minutes to run payroll each time. You also get email reminders which is helpful. There are premium features available for companies with larger/more robust needs, and I would definitely recommend looking into this software if you are searching for a user friendly payroll solution
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Pros
Gusto
  • Timesheetsv were super easy to access and user friendly. You always know how many hours you worked and good reminders as well if you forget to clock in or out.
  • I liked how the app always had a countdown to payday. In my own weird way it was a good way to keep on top of my expenses
  • Expense breakdown in Gusto wallet. It is quite helpful.
  • The fact that you could print employee verification letters is a really good feature.
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Wave
  • An intuitive, clear UI helps you know where everything is, what options are at your disposal. Calendars and timelines show that Wave really thought out how to provide you with useful tool.
  • Pay day can be automated and straightforward.
  • Wave onboarding provides guidance at what information to input next until you are all set up.
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Cons
Gusto
  • I already think the app is streamlined, and I've had no complaints about using it.
  • Since [I think] people can get a Gusto account mainly through an employer organization, the only doubt I had is that I thought my employer could see all of my financial information in my account. But after a 2-minute phone call and reassurance that this fear would violate federal banking laws, I was relieved. Maybe a disclaimer could be included on the webpage or in employees' onboarding that would put people with that concern at ease.
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Wave
  • Implement an employee time clock option through a separate link which automatically applies to the weekly time sheets.
  • Option to further customize payroll statements
  • Add a per employee payroll dashboard with the option to review rolling, quarterly, and weekly snapshot. Info to include gross pay, employer paid tax, employee paid tax, etc...
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Likelihood to Renew
Gusto
Unless they break it, I'm never leaving. It's just too easy. Gusto is also really affordable, and for what I pay, it's worth having the historical record within the system. I like that I can go back and pull up W2's for year's past. This sort of easy access reporting, has been helpful especially when getting reports for PPP loans.
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Wave
No answers on this topic
Usability
Gusto
I gave this rating because it is really easy to access through my phone which is super helpful. The user interface is also simple to navigate and find where I need to go. Also the pig walking in space is a great thing to watch while waiting for the info to load.
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Wave
Very simple & straightforward system to learn and when time is always of the essence the efficiency is much appreciated
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Support Rating
Gusto
Gusto's customer service has really deteriorated lately and they seem to have really changed their focus. It used to be when you called you were routed to an individual who knew about payroll, benefits, reporting, etc. but now you get someone who seems to have not received the correct training. My last call about a dismissal payroll took me over an hour of my time and the person still could not help me and finally transferred me to someone else.
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Wave
Quick response times, personalized service. They offer in-depth videos and guides for helping to get set up. Any time I have a question about taxes or reporting, they answer quickly and give comprehensive answers. Members of the team with whom I've interacted have been courteous, friendly, and helpful. Overall, great support.
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Implementation Rating
Gusto
Super easy to implement and use!
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Wave
No answers on this topic
Alternatives Considered
Gusto
Gusto has a glitch-free on-boarding process that surpasses all of the other systems that I have ever tried and used. Rippling is the only other platform that comes close to the Gusto online experience, but Rippling has its PEO/behind-the-scenes legacy system glitches, and it's not nearly as user friendly as Gusto. Gusto's reports are THE best compared with all the other platforms that I have tried.
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Wave
First is the cost. Since QuickBooks removed the inhouse solution and moved everything to the cloud, the cost for a small business is prohibited. Wave is reasonable in cost. Support for QB isn't great they are always trying to upsell and commit. Wave support in comparison is 100% better, and most of the answers are in their manual
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Return on Investment
Gusto
  • After a recent glitch with the payroll processing system, employees were forced to accept paper checks for a few weeks while Gusto's technical support team figured out the problem. This led to some employees being forced to miss work and lose money while having to deal with an antiquated paper check process.
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Wave
  • Peace of mind that all the payroll tax-related stuff is taken care of accurately and on time.
  • Easy to use interface saves time and helps ensure I am paid on time.
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ScreenShots

Gusto Screenshots

Screenshot of Flexible, automated payrollScreenshot of Time-off trackingScreenshot of The source of truth for HR data