When it comes to choosing a payroll and benefits solution for your business, there are a lot of great options out there. But two of the most popular are Justworks and Namely. So, how do you know which one is right for you?
What is Justworks?
Justworks is a payroll and benefits solution that is designed to make it easy for small businesses to take care of their employees. Justworks is an all-in-one platform that offers a simple, monthly subscription that covers everything from payroll to health insurance. Justworks also offers a suite of HR tools, like performance reviews and an employee directory. And because Justworks is a cloud-based platform, it’s always up-to-date and accessible from anywhere.
What is Namely?
Namely is a cloud-based human resources platform that offers a suite of tools to help businesses manage their employees. Namely offers features like payroll, benefits, time and attendance, and performance management. Namely is also fully customizable, so businesses can tailor the platform to fit their specific needs. And because Namely is cloud-based, it’s always up-to-date and accessible from anywhere.
How do Justworks and Namely compare?
Pricing
Justworks and Namely both charge a monthly subscription fee, but the price varies depending on the number of employees. Justworks has a tiered pricing structure, with the cost increasing as the number of employees goes up. Namely, on the other hand, charges a flat monthly fee regardless of the number of employees. So, if you have a small business with fewer than 50 employees, Justworks will likely be the more affordable option. But if you have a larger business with more than 50 employees, Namely will probably be the better deal.
Features
Justworks and Namely both offer a suite of HR tools, but there are some key differences between the two platforms. Justworks is an all-in-one solution that covers everything from payroll to health insurance. Namely, on the other hand, is a more comprehensive HR platform that offers a wider range of features, like performance management and talent acquisition. So, if you’re looking for a complete HR solution, Namely is probably the better option. But if you’re just looking for a simple payroll and benefits solution, Justworks will likely be enough.
Customizability
Justworks is a great option for small businesses that want a simple, all-in-one solution. But because Justworks is not customizable, it might not be the best option for businesses that have specific needs. Namely, on the other hand, is a fully customizable platform, so businesses can tailor the platform to fit their specific needs. So, if you need a payroll and benefits solution that is specifically tailored to your business, Namely is probably the better option.
Ease of use
Justworks is designed to be easy to use, and the platform is intuitive and user-friendly. Namely is also easy to use, but because the platform is more comprehensive, it might take some time to get used to all the features. So, if you’re looking for a payroll and benefits solution that is easy to use, Justworks is probably the better option. But if you’re willing to spend some time learning a more comprehensive HR platform, Namely will likely be worth the effort.
Which is better: Justworks or Namely?
There is no one-size-fits-all answer to this question. The best payroll and benefits solution for your business depends on your specific needs. If you have a small business with fewer than 50 employees, Justworks will likely be the more affordable option. But if you have a larger business with more than 50 employees, Namely will probably be the better deal. If you’re looking for a complete HR solution, Namely is probably the better option. But if you’re just looking for a simple payroll and benefits solution, Justworks will likely be enough. So, the best way to decide which platform is right for you is to take a closer look at your specific needs and compare the two options side-by-side.