However, you may have to sift through support articles in its help center to understand the grateful dead attend their first acid test on this day in 1965 all of Wave’s capabilities and to get answers to your questions. It offers automatic tax calculations and filings, no matter where you operate in the U.S. Wave Payroll, on the other hand, limits this convenience to businesses in 14 states.
Wave’s 3.5/5 star rating in the pricing category is actually among one of the highest scores awarded in this category. The software’s score was boosted by its pricing, free trial, selection of add-ons, and pricing transparency. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. The opinions, analyses, reviews or recommendations expressed in this article are those of the Blueprint editorial staff alone.
Wave Payroll Self-Service States
- Wave Payroll’s security measures are on par with those of banking institutions.
- There are currently 13 different reports available, and only two are specific to payroll.
- It includes upcoming start and end pay dates, a “Things to do” list and easy access to payroll setup.
- In self-service states (all other 36 states) Wave Payroll does not make payments or file on your behalf.
- Discover BusinessLoans.com’s lender network offering up to $3M in funding, no minimum credit score required.
- Adding a new employee is more time-consuming than it should be, with the process divided into multiple steps.
They’ll need to do so manually or through a different method so you can later input the information into the software. When it comes to complying with local, state and federal payroll regulations, Wave Payroll lags behind. The software only offers automatic tax filing in 14 states so compliance issues are more likely to pop up if you have to go through the process manually. Plus there are no staff available to advise you on compliance. Payroll software saves you time so you can focus on the best parts of running your business.
The Complete Guide To Getting A Free Square Card Reader For Your Business
However, user reviews on the Better Business Bureau (BBB) give the firm one out sole trader bookkeeping of five stars and complain about difficulties getting refunds and receiving poor customer service. While Wave Payroll is a basic payroll solution without all the bells and whistles, OnPay is more robust. With OnPay, for example, you’ll have more support with benefits as it acts as an insurance broker and makes it easy to set up health insurance, 401(k) plans and other benefits for your employees. Plus there’s a handy mobile app employees can use to track and manage their PTO. Wave Payroll is meant for small businesses and startups that have a fluctuating roster of employees and contractors.
HR software pricing: 2024 industry overview
Onboarding new employees is easy with Wave Payroll, thanks to the self-serve reconciliation crossword clue employee portal. Your workers can complete their profiles, enter personal and tax deduction info themselves and they can view pay stubs and tax forms by logging into the system. Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews.
Almost a dozen customer reviews on TrustRadius for Wave Payroll shows an average rating of 9.8 stars. These reviews praised the platform’s simple UX, competitive pricing, and helpful customer support. While Wave’s main product is its free accounting platform, Wave Payroll is a paid, mid-tier solution that is equipped with standard features like automatic payments and multi-state filing. Although Wave Payroll lacks the flexibility of different payroll schedules, it is still a budget-friendly solution for small businesses. Check out our Gusto review or SurePayroll review for comparable options with stronger payroll features and HR support.
Wave offers a relatively well-rated mobile app for Android (3.7 out of five stars) and iOS (4.5 out of five stars) platforms. You can use the app to manage invoices, payments and banking activities. In addition, some of the information within its help center articles is contradictory. For example, the same article states that direct deposits occur either two or three days after payroll processing, depending on which paragraph you read.
Unlike Wave Payroll, Gusto also lets you purchase insurance products and other benefits through it. Currently, Wave Payroll does not offer a mobile app for iOS and Android devices. This means you’ll have to log in to your account via desktop and won’t be able to manage or run payroll while you’re on the go. With timesheets, you can track the hours of your hourly and salaried employees. Keep in mind that this feature is only available for you as the employer as there are no timesheets for employees to fill out on their own.