Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Gusto
Score 8.7 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.
$49
per month
Payroll by Wave
Score 10.0 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
$49/month + $6/mo per person
per month
Plus: Comprehensive payroll, benefits, and HR tools for employers building a great place to work
$80/month + $12/mo per person
per month
Premium: Scalable payroll and benefits, expert HR, and dedicated support for the complex needs of growing teams
$180/month + $22/mo per person
per month
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.
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
8.9
526 Ratings
8% above category average
Payroll by Wave
9.4
5 Ratings
14% above category average
Pay calculation9.1504 Ratings10.05 Ratings
Support for external payroll vendors8.58 Ratings9.03 Ratings
Benefit plan administration8.6363 Ratings9.01 Ratings
Direct deposit files9.0509 Ratings9.05 Ratings
Salary revision and increment management8.8390 Ratings9.55 Ratings
Reimbursement management9.4135 Ratings10.02 Ratings
Off-cycle/On-Demand payment00 Ratings9.03 Ratings
Best Alternatives
GustoPayroll by Wave
Small Businesses
Dayforce Powerpay
Dayforce Powerpay
Score 9.4 out of 10
Dayforce Powerpay
Dayforce Powerpay
Score 9.4 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.7 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.7 out of 10
Enterprises
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
GustoPayroll by Wave
Likelihood to Recommend
8.7
(550 ratings)
10.0
(6 ratings)
Likelihood to Renew
10.0
(12 ratings)
10.0
(1 ratings)
Usability
9.4
(374 ratings)
10.0
(1 ratings)
Support Rating
1.1
(25 ratings)
8.9
(2 ratings)
Implementation Rating
8.2
(1 ratings)
-
(0 ratings)
User Testimonials
GustoPayroll by Wave
Likelihood to Recommend
Gusto
Gusto works well for small and larger companies. It recognizes and works with non-profits that are exempt from things like unemployment tax, etc. It's great that employees and contractors can still log in to Gusto after leaving their employer—it's great to have all of the payroll records securely available at any time.
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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
  • Gusto really kills it on the simplicity. The app and website are very clear and straightforward.
  • Gusto also does a great job at being easy to navigate, visually pleasing, and logically posed.
  • Gusto communicates very clearly and provides just the right amount of communication.
  • Gusto makes the onboarding process very easy. I recently started at a new company and the process of filling out the necessary documents, filling out forms, and getting my benefit information input was soooooo easy!
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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.
Read full review
Cons
Gusto
  • Adding in previous time manually could be more accessible.
  • Notifications for when employees manually change hours.
  • We should allow 1099 users to use the mobile app instead of restricting them to the website, especially since they can just log into the full website on their mobile device.
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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
It's the most accessible site I have had to use. Clocking in and out, adding notes for shifts, and adding breaks are very easy. With other sites, they were typically down for periods, slow to load, and other bugs and issues. I also really enjoy the little piggy when logging in.
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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
Both When I Work and Wave Accounting are not exactly an apples-to-apples comparison with Gusto, as each one has a benefit that Gusto does not currently provide (scheduling shifts in When I Work, and accounting in Wave). Gusto wins on all other fronts. However, I can integrate with When I Work currently, so its weakness is effectively already covered.
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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
  • It is definitely an easy, intuitive platform to utilize with lots of helpful features!
  • The Benefits package is very poor and is not useful to me at all.
  • I enjoy how it breaks up the spending insights into several categories such as Food, Transportation, Shopping, Housing Medical, etc.
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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.
Read full review
ScreenShots

Gusto Screenshots

Screenshot of Gusto's automated payrollScreenshot of the time-off tracking interfaceScreenshot of the source of truth for HR data