Best Payroll Services Providers
Payroll services firms outsource the employee compensation process. These services can calculate employee pay, make payments to employees, and generate tax forms such as W-2s. Many payroll services providers offer a self-service interface for employees to enter hours worked, update personal data, and access tax information. In addition, payroll services providers commonly offer employers detailed reports on employee compensation and labor. Generally, payroll services firms coordinate with human resources or accounting departments within an organization. Some businesses may instead choose a more hands-on approach and manage their payroll process using payroll services.
Payroll Services Providers Grid® Overview
The best Payroll Services Providers products are determined by customer satisfaction (based on user reviews) and scale (based on market share, vendor size, and social impact) and placed into four categories on the Grid®:
- Products in the Leader quadrant are rated highly by G2 Crowd users and have substantial Market Presence scores. Leaders include: Paychex Services and ADP Payroll Services
- High Performers are highly rated by their users, but have not yet achieved the market share and scale of the Leaders.
- Contenders have significant Market Presence and resources, but have received below average user Satisfaction ratings or have not yet received a sufficient number of reviews to validate the solution. Contenders include: Insperity Services
- Niche solutions do not have the Market Presence of the Leaders. They may have been rated positively on customer Satisfaction, but have not yet received enough reviews to validate them. Niche products include: Execupay