Paychex payroll packages start at $39 per month, plus an additional $5 per employee per month.
How Much Does Paychex Charge Per Month?
Paychex offers flexible payroll solutions with pricing that primarily depends on the number of employees your business has. This tiered structure ensures that businesses of various sizes can find a suitable and cost-effective option for their payroll needs.
The foundational pricing model includes:
- Base Package: Starting as low as $39 per month. This covers the core services and features of the selected payroll package.
- Per Employee Fee: An additional $5 per employee per month. This fee scales with the size of your workforce, making the overall cost variable.
Understanding Your Monthly Cost
To illustrate how the pricing model works, consider these examples:
- For a business with 1 employee:
- Base Fee: $39
- Per Employee Fee: $5 (1 employee * $5)
- Total Estimated Monthly Cost: $44
- For a business with 5 employees:
- Base Fee: $39
- Per Employee Fee: $25 (5 employees * $5)
- Total Estimated Monthly Cost: $64
- For a business with 10 employees:
- Base Fee: $39
- Per Employee Fee: $50 (10 employees * $5)
- Total Estimated Monthly Cost: $89
It's important to note that while these figures represent the starting rates, Paychex also offers various payroll packages with different levels of features and services. These packages may include additional functionalities like tax administration, HR support, time and attendance tracking, and more, which could influence the final monthly cost.
For a precise quote tailored to your specific business requirements and budget, it is recommended to directly contact Paychex. They can help assess your needs and guide you to a payroll solution that best fits your operations. You can explore their offerings and compare payroll solutions on their official website.
