When it comes to choosing a payroll provider, there are a lot of factors to consider. But two of the most important factors are price and features. In this article, we'll compare Paychex and Personio side-by-side to help you decide which is the best payroll provider for your business.

Pricing

Paychex offers a variety of pricing options depending on the size and needs of your business. Their base price starts at $39.95 + $4 per employee per month. But they also offer a la carte features that can be added on for an additional fee. For example, their time and attendance tracking feature starts at $5 per employee per month.

Personio's pricing is a bit more complicated. They have three different tiers of pricing: Starter, Professional, and Enterprise. Their Starter plan starts at €39 + €2 per employee per month. Their Professional plan starts at €79 + €4 per employee per month. And their Enterprise plan is €159 + €6 per employee per month. But like Paychex, they also offer a la carte features that can be added on for an additional fee.

Features

Payroll

Paychex offers a comprehensive payroll solution that can handle everything from calculating taxes to direct deposit. They also offer a mobile app so you can run your payroll from anywhere. And if you have employees in multiple states, they can handle that too.

Personio also offers a comprehensive payroll solution. But unlike Paychex, they don't have a mobile app. And if you have employees in multiple states, you'll need to sign up for their Enterprise plan to get that feature.

Time and Attendance

Paychex's time and attendance tracking feature includes features like punch clock, time-off requests, and scheduling. And it integrates with their payroll solution so you can easily track employee hours and calculate payroll.

Personio's time and attendance tracking feature includes all of the same features as Paychex's. But it doesn't integrate with their payroll solution. So you'll need to enter employee hours manually.

Benefits Administration

Paychex offers a benefits administration solution that includes features like open enrollment, COBRA administration, and FSA/HSA integration. And it integrates with their payroll solution so you can easily manage employee benefits.

Personio offers a benefits administration solution that includes all of the same features as Paychex's. But it doesn't integrate with their payroll solution. So you'll need to manage employee benefits manually.

Conclusion

Paychex and Personio are both great payroll providers. But depending on your needs, one may be a better fit for your business than the other. If you need a comprehensive payroll solution with a mobile app and multi-state support, Paychex is the better option. But if you're looking for a more affordable solution, Personio may be a better fit for your business.