How Much Does MyPayrollHR Payroll Service Cost?
If you're looking to streamline your payroll operations, you need a topnotch program. The MyPayrollHR service offers all of the fantastic benefits you get with outsourcing but leaves you in control. This is a web-based application that handles payroll and HR functions, specifically designed for companies that have grown beyond the benefits that their small business software provides.
Managing payroll with MyPayrollHR offers improved security and lower maintenance costs than with traditional payroll software and includes many of the benefits found with an outsource provider. The company offers live support and a variety of HR tools, including online resources and advice designed specifically for a growing business. You may access live support via phone or simply send an email or complete an online contact form and one of their representatives will respond with 24 hours.
The Benefits of MyPayrollHR
With MyPayrollHR, you can manage payroll for hourly, salaried, and contract employees. It supports any payroll cycle, including weekly, biweekly, semimonthly, and monthly. In addition, you can run a payroll batch that occurs outside your standard cycle. The system handles all employee deductions, including garnishments, and there is no limit to the number of deductions. It also manages employer contributions, such as retirement plans, again with no limit on the number of contributions.
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This web-based service allows you to access the software from any connected device, including your dashboard.
In addition to processing your payroll, MyPayrollHR files and pays payroll taxes, with a guarantee that they're paid on time. If you have employees paying state tax in multiple states, there is no additional fee. The service also includes processing and mailing W-2 forms and reporting new hire information, all at no additional charge.
The software integrates with QuickBooks. Or, you can export payroll reports directly from your online account. This cloud-based system is specifically designed for businesses without a dedicated payroll or HR specialist on staff; that's why the company offers so many online resources. MyPayrollHR also assists clients with ACA compliance – both achieving and maintaining it.
Through your online access, you can also manage employee records, while employees can log into their personal accounts to view and print pay stubs and other payroll information. Payment options include live check, direct deposit, and pay card. With live checks, your options include printing the checks after processing the payroll or having MyPayrollHR print and mail them. Please note that there is a small fee to have checks printed and mailed to you. However, unlike other services that charge extra for direct deposit and pay card, these options are included in the same monthly fee.
MyPayrollHR's support team is available via phone, email, or online contact form. In addition, the company offers a variety of online resources, including an FAQ that covers a wide variety of payroll and HR topics. Finally, you receive a dedicated account specialist to ensure you always have a support person who is intimately familiar with your account.
Support with MyPayrollHR
The monthly fee you pay for your MyPayrollHR software includes a host of support for both payroll and HR functions. In short, you get the benefits of outsourcing – knowledgeable experts – while maintaining complete control.
The HR Support Center includes a library of common (and some not so common) HR forms, educational articles, job description aids, newsletters, and more. You also receive live answers to your HR- and payroll-related questions.
All of your payroll and HR data is available on your dashboard, including a custom report writer that uses real-time data. There is also a self-service portal for employees, where they can make a variety of changes. All of these functions are available 24/7 and feature MyPayrollHR's stringent security protocols.
How Much Does MyPayrollHR Cost?
The cost for MyPayrollHR starts at $40 per month. This rate includes all features (except printing and mailing checks). There is no extra charge for running multiple payroll batches, paying employees who live in multiple states, payroll tax services, direct deposit, or year-end tax services. This includes W-2 and report writing as well as paying and filing your company's payroll taxes.
Of course, prices do vary according to the number of employees on your payroll; $40 is simply the starting price for an office of 10 employees. When you work with your MyPayrollHR vendor, explain the number of employees you have and ask for a complete breakdown of the exact items included in your fee. If you prefer live checks printed and mailed by MyPayrollHR, your vendor will explain the fee once he or she knows how many employees you have.