Pricing:  

In our comparison example of five employees being paid bi-weekly, Paychex charges $40.70 per payroll or $88.18 per month ($40.70 times 26 annual payrolls divided by 12 months). The per payroll charge is based on $28.74 for the first employee plus a per employee fee which decreases as there are more employees being paid. Paychex also charges $15 per payroll for processing of direct deposit payments, a service that is included in most of the payroll processing fees of companies that we rated higher.

End of year W-2 processing costs $42.50 plus $2.50 per employee. Paychex doesn’t charge extra fees for employees located in additional states nor for new hire reporting, both services which often incur additional charges.

Ease of Use:  

Paychex online payroll service is easy to setup and use. Once recurring information is entered, it appears automatically and processing payroll is simply a matter of entering exceptions. During the process, data can be saved allowing you to return later to the same place. Once having completed your first payroll and submitted it for accuracy, you’re invited to an instructor led webinar to help make you a true expert in time for the next payroll. Typical of other online payroll services, Paychex online payroll is geared towards online data entry, but on the occasion that web access is unavailable, payroll can still be called in to Paychex for processing.