ADP Payroll Cost In 2023 | Compare Prices, Reviews, Products, Pro & Cons, Alternatives
Are you an employer and are considering using ADP payroll? What is ADP? The information here goes over what ADP is and how much it costs per employee.
ADP, LLC Info:
Headquarters: Roseland, NJ
CEO: Carlos A Rodriguez
Stock: ADP (NASDAQ)
# Employees: 57,000+
ADP, or Automatic Data Processing, is a global leader in human capital management solutions, catering to businesses of all sizes. Established in 1949, the company has evolved from a manual payroll processing service to offering a comprehensive suite of payroll, HR, talent management, and benefits administration tools. With a commitment to innovation, ADP integrates advanced technology and analytics to enhance workforce management. Its vast experience and diverse solutions make it a go-to choice for many organizations worldwide.
ADP Solutions
ADP is a company that provides various products and services to small and large businesses. The ADP payroll system helps you with payroll processing, and you get access to professionals around the clock.
- Payroll
- HR
- Tax Services
- Time & Attendance
- Benefits
Employees and managers can access the service online or with an app, so everyone can check on their payroll and other work-related information. You can integrate it with various business software and time tracking programs.
ADP offers payroll services for organizations of any size. It doesn’t matter if you are just starting your business or have hundreds of employees. You can use ADP programs to help run your business.
Other ADP programs work well with the payroll system, so you can streamline how you run your business. And if you’re concerned about the cost, consider how many employees you have.
How Much Does ADP Payroll Cost For 2 Employees?
With two employees are likely to pay around $75-$95 a month to access ADP’s payroll service. Keeping in mind, this depends on how many times a month to run payroll. Some small businesses only need two employees, but you should still manage payroll and other employee relations. There are multiple plans for ADP for small business, so you can choose the one that’s right for you.
- Essential Payroll includes what you need to get started
- Enhanced Payroll protects you with unemployment insurance
- Complete Payroll and HR Plus helps with hiring
- HR Pro Payroll & HR includes more support
If you own a business and only have two employees, you can also do it yourself. You can sign up for ADP, and you can run payroll on your schedule. It will help you with taxes and direct deposit, so you don’t have to worry about those things.
The specific cost will depend on the plan you choose, but it will cost about $20 to $46 per month to cover 2 employees. However, you can save money with the do-it-yourself option.
COMPARE PLANSHow Much Does ADP Payroll Cost For 20 Employees?
Running it by monthly payroll with 20 employees will cost around $100/month plus $5-$8 per employee if you work with ADP. The more employees you have, the more you will have to pay for the ADP payroll system. If your business has 20 employees, you cannot use the do-it-yourself option, but you can get the full-service plans available to any small business.
For the Essential Payroll plan, you will have to pay about $200 per month. Your exact quote will depend on your location and your needs, though. You may also be able to save money with a discount or sale.
On the other hand, higher tiers will cost about $460 per month for a business with 20 employees. If your business has fewer or more employees, the exact price will vary. Make sure you get a quote so that you can get a better idea of the cost.
You will also have to pay certain fees whenever you pay your employees. So keep that in mind when deciding how often you want to pay.
How Much Does ADP Payroll Cost For 50 Employees?
If your business has at least 50 employees, you can use the ADP payroll system for medium and large businesses. They offer a plan with payroll and HR services as well as dedicated support.
- Payroll Essentials covers payroll and taxes
- HR Plus includes onboarding and record-keeping
- Hiring Advantage helps with talent acquisition
- Performance Plus offers everything you could need
The specific cost will depend on the ADP plan you choose and how often you run payroll. You’ll have to pay a fee each time you pay your employees, so more frequent paychecks can add up.
But with around 50 employees, you can expect to spend $8,000 each year. You can budget a little more in case you need the wiggle room. Consider what services you need in addition to payroll and if those services are worth the added cost.
COMPARE PLANSList of Services Offered By ADP?
ADP (Automatic Data Processing) offers a wide range of human capital management services to businesses of all sizes. Some of the core services provided by ADP include:
- Payroll Services: Comprehensive payroll processing, tax filing, and compliance support.
- Talent Management: Solutions for recruitment, onboarding, performance management, and succession planning.
- Benefits Administration: Tools for managing health and benefits programs, including ACA compliance.
- Human Resource Management: Assisting with policy development, HR helpdesk support, and HR record-keeping.
- Time and Attendance: Time tracking, scheduling, and absence management tools.
- HR Outsourcing: Options ranging from basic payroll and HR support to more comprehensive outsourcing services.
- Retirement Services: Solutions for 401(k) plan administration, record-keeping, and employee education.
- Insurance Services: Workers’ compensation, business insurance, and employee health insurance brokerage services.
- Tax and Compliance: Support for managing employment tax, labor law compliance, wage garnishments, and unemployment claims.
- Professional Employer Organization (PEO): Comprehensive co-employment HR solutions.
- Global Solutions: Tools for managing international payroll, HR, and compliance for businesses with global operations.
- Analytics and Reporting: Tools that provide insights into workforce data and trends.
Pros and Cons of ADP Payroll Service?
If you want to make sure ADP programs are right for you, you should consider the pros and cons. Every business is different, so it’s up to you to decide whether it’s the right fit for you or not. Consider the advantages.
- ADP integrates with a variety of services
- They have plans for every business
- You can get just payroll or also HR services
- It works with all industries
Unfortunately, ADP isn’t perfect. Consider some of the disadvantages.
- They don’t list their prices
- Quotes can be inaccurate
- Can take time to set up
- Overwhelming at the start
You don’t have to be a payroll pro to use a program like ADP. But with as many options as they have, it can be hard to decide which plan is best. However, you can speak with a representative to get feedback based on your specific business.
COMPARE PLANSWhat Is ADP to You?
A lot of people know about ADP, but many have the question, what is ADP? It’s a tool for small businesses and large corporations to manage hiring and payroll.
If you need an easy tool to help grow your business and work with employees, give it a try.
Are you ready to get started? Compare the cost to other popular payroll services.
