ADP Payroll Cost In 2020 | 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+
It can take small business owners up to five hours each pay period to manage payroll taxes. So if you want to cut down on that time, you need a tool like ADP.
But what is ADP? It’s a company that offers payroll and HR services for businesses of all sizes. You can use it to optimize your payroll so that you don’t have to stress over it.
ADP Services
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?
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.
How Much Does ADP Payroll Cost For 20 Employees?
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.
List of Services Offered By ADP?
While a lot of people and businesses may now what is ADP based on the payroll service, they offer much more. ADP lets you track employee work hours, and you can manage scheduling and labor budgeting.
If you want to recruit the best people to work for your company, you need a recruitment strategy. Luckily, ADP offers help with hiring and growth.
ADP programs also include benefits administration, group health insurance, and retirement. You can also get business insurance and workers’ compensation.
HR is an essential part of any company. If you don’t have an in-house HR team, you can work with ADP HR professionals to get answers to your questions. You can also outsource your HR needs for even more assistance.
ADP information can integrate with other programs, such as QuickBooks, ZipRecruiter, and Slack. You can integrate ADP with benefits administration programs and time and attendance managers.
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.
What 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.
