Justworks Pricing Packages: How Much Do the Plans Cost?

In the fast-paced world of modern business, small and medium-sized enterprises (SMEs) often grapple with complex HR and payroll management tasks. Justworks, a comprehensive HR and payroll platform, has emerged as a solution to streamline these essential functions for small businesses.

In this article, we’ll delve deeper into the Justworks pricing plans, highlighting the factors that make it an exceptional choice for SMEs in search of streamlined and user-friendly HR and payroll solutions. This discussion will provide insights into why an HR software is useful and the value that Justworks brings to SMEs, allowing them to focus on growth and success while relieving them of the burdens associated with HR and payroll management.

Technology is undeniably revolutionizing HR and payroll processes, with a remarkable impact on modern businesses. The digitization of HR is being driven by an increasing number of Chief Human Resources Officers (CHROs) who recognize the potential of technology to elevate their functions. According to a recent report, 90% of CHROs are advancing HR through digitalization. This trend underscores the pivotal role of technology in reshaping the HR landscape (McKinsey, 2022).

One of the key transformations is the automation of repetitive administrative tasks. HR and payroll software systems now handle tasks such as time and attendance tracking, benefits enrollment, and payroll calculations with exceptional accuracy and efficiency. This automation minimizes human errors and frees HR professionals to focus on strategic, value-added activities such as talent development, boosting employee engagement, and workforce planning.

Justworks, as a notable example, embodies the impact of technology in this arena. Justworks exemplifies how technology can simplify and elevate these processes by providing a comprehensive HR and payroll platform. In the following sections, we will conduct a more detailed examination of Justworks pricing plans and their features, offering valuable insights to assist you in determining whether it represents a worthwhile investment for your organization.

Overview of Justworks

Justworks is a cloud-based platform that provides a holistic HR and payroll management solution. This all-in-one platform encompasses various aspects of HR management software, including onboarding, benefits administration, time tracking, and payroll processing, allowing businesses to streamline and centralize their workforce management tasks.

What distinguishes Justworks from its competitors is its remarkable ability to simplify and consolidate complex HR and payroll processes into one cohesive platform. It allows businesses to effortlessly manage various HR functions without needing multiple disparate systems or complex integrations. This simplicity and integration efficiency set Justworks apart, making it an attractive option for SMEs.

Justworks is tailor-made for small and medium-sized businesses with limited HR and payroll resources. Whether you are a startup or a well-established SME, this platform caters to your unique needs. Justworks is particularly beneficial for businesses that lack in-house HR expertise, as it automates many HR functions and ensures compliance with labor laws and tax regulations.

Furthermore, Justworks significantly reduces the administrative burden associated with HR and payroll management. With features such as automated payroll processing, compliance checks, and a user-friendly interface, businesses can save time and allocate resources more effectively. Small businesses, in particular, stand to gain immensely from their automated compliance checks and streamlined tax filing processes, reducing the potential for costly errors and legal entanglements.

Moreover, Justworks distinguishes itself through its innovative approach to employee benefits. By fostering partnerships with insurance providers, the platform extends a diverse range of benefits to employees, encompassing health, dental, and vision insurance. This not only aids small businesses in attracting and retaining top talent but also empowers them to offer competitive benefits packages akin to larger enterprises.

When it comes to integration capabilities, the platform seamlessly harmonizes with a spectrum of third-party applications, spanning accounting software, time tracking tools, and project management platforms. This flexibility ensures that businesses can also easily introduce Justworks into their existing software ecosystem, minimizing disruptions and ensuring a smooth transition into the platform.

On the mobility front, Justworks caters to the needs of modern businesses. The platform offers native applications for both iOS and Android, enabling users to access and manage their HR and payroll functions with ease on the go. These native apps also enhance the user experience, delivering a responsive and optimized interface for mobile users.

Justworks Pricing Packages

In this section, we’ll delve into the pricing plans offered by Justworks. The solution recognizes the diverse needs of businesses, particularly small and medium-sized enterprises (SMEs), so it has tailored its pricing plans accordingly. Whether you’re looking for basic HR and payroll software or need access to a broader range of benefits, Justworks has two flexible pricing options to accommodate your specific requirements.

1. Basic Plan: HR, Payroll, and Compliance

Justworks’ intuitive interface makes adding employee or vendor information to your system easier.

Justworks’ Basic plan is a solid choice for businesses seeking fundamental HR and payroll services. Priced at $59 per employee per month, this plan provides access to various essential tools and features. Also, an attractive feature of the Basic plan is its pricing structure for growing businesses. Beyond the first 50 employees, the cost per employee also drops to $49 per month, making it a cost-effective choice as your business expands.

Payroll

One of the standout features of Justworks Basic plan is its automated payroll runs. This functionality simplifies the often tedious and error-prone process of calculating employee salaries and ensuring they are paid promptly. Justworks also provides various benefits of payroll management, including automation, accurate calculation of deductions, accounting for overtime, and accounting for any other specific rules or policies your business may have.

Tax Compliance

The tax landscape is complex, with federal, state, and local taxes to consider. Failure to comply with tax regulations can lead to costly penalties and legal issues. Justworks Payroll addresses this concern by automating tax compliance. Like the best tax software today, the platform stays updated with the latest tax laws and calculates and withholds the correct amounts. The platform also ensures that all tax forms are filed accurately and on time. As a result, you can have peace of mind, knowing that your business is meeting its tax obligations.

Year-End Reporting

Year-end reporting is another crucial aspect of payroll processing, particularly for businesses in the United States. It involves providing employees with W-2 forms and ensuring they are filed with the appropriate government agencies. Justworks Payroll also simplifies this process by generating and distributing W-2 forms to employees and filing them with the necessary tax authorities.

Justworks allows users to generate custom reports for easier tracking of various data types.

Benefits Administration

This feature in the Basic plan is a valuable asset for small and medium-sized businesses. While it does not encompass medical, dental, or vision coverage, it is a foundational tool for businesses to manage and administer various employee benefits efficiently. This feature also allows companies to streamline the process of offering and tracking benefits, such as retirement plans or other perks, ultimately enhancing their ability to attract and retain talent.

HR Tools

Justworks equips you with a suite of HR tools for workflows such as PTO management, compliance, and HR consulting. These features help managers efficiently handle employee information, time-off requests, and compliance checks. As a result, businesses can simplify their HR processes and easily maintain records. The solution also ensures that businesses adhere to legal and regulatory requirements and promotes organizational efficiency by reducing administrative burdens.

2. Plus Plan: Benefits Management

Justworks also comes with a benefits management tool for enrolling employees in health insurance plans.

The Plus plan is designed for businesses that want to provide a more comprehensive benefits package to their employees. This plan is priced at $99 per employee per month, with a reduced rate of $89 per month for the 50th employee onwards. This plan also builds upon the Basic offering and adds medical, dental, and vision coverage. Moreover, the Plus plan’s tiered pricing for additional employees beyond the initial 50 ensures you can expand your workforce while managing costs effectively.

Here’s are the highlights of the Plus plan:

Medical, Dental, and Vision

The Plus plan extends access to comprehensive health benefits, which can be a critical factor in attracting and retaining top talent. This coverage includes medical, dental, and vision insurance, enhancing the overall benefits package for your employees.

Networks and Providers

Justworks typically partners with a network of healthcare providers and professionals, enabling employees to access a broad spectrum of healthcare services. As a result, businesses can leverage these partnerships to negotiate competitive rates, ensuring employees have access to high-quality care.

Online Enrollment

The platform usually offers an online enrollment system, making it convenient for employees to select their preferred insurance plans during open enrollment periods. This feature simplifies the benefits enrollment process, reducing the administrative burden on HR departments.

Through Justworks, employers can easily add and track contributions to employees’ medical insurance plans.

Claims Management

Justworks often provides tools for employees to submit and manage insurance claims online. This feature also streamlines the claims process, allowing employees to track the progress of their claims and receive reimbursements or benefits more efficiently.

Which Justworks Plan Is Best for You?

To sum up, Justworks offers a compelling blend of features for the unique needs of small and medium-sized businesses (SMBs). The platform provides a comprehensive solution for HR and payroll management, offering a range of features that streamline essential functions while ensuring compliance with evolving regulations. Other features, such as customized reports and dashboards, also ensure that employee performance is easier to track.

The Basic plan may be a good choice for smaller businesses that want to organize the administration of a limited set of employee benefits while taking advantage of automated tools for payroll and HR processes. Meanwhile, quickly growing SMBs can turn to the Plus plan as they expand their benefits offerings to include health and wellness perks, fitness memberships, and medical, dental, and vision insurance.

The flexible pricing also empowers SMBs to choose the right level of service for their specific needs, making Justworks a cost-effective solution for business growth.