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Managed Payroll Service vs. Paylocity: Which Fits Better?
Managed Payroll Service vs. Paylocity: Which Fits Better? is a comparison businesses face when evaluating payroll options. Here is the honest side-by-side.
The Core Difference
Managed payroll service means a provider handles payroll for you. You submit hours and changes; they handle processing, tax deposits, compliance, and year-end forms. BEG charges $25-$45 PEPM, all-inclusive.
The alternative (software, PEO, or in-house hire) puts the payroll work -- and the compliance responsibility -- in your hands or in a different cost structure.
Cost Comparison
| Factor | BEG Managed Payroll | Alternative |
|---|---|---|
| Price | $25-$45 PEPM all-in | Varies; often adds per-run fees |
| Setup time | 3-5 business days | Varies |
| Compliance monitoring | Included | Your responsibility |
| Tax deposits and filing | Handled | You file or pay add-on |
| Year-end W-2s | Included | Often an extra fee |
| Off-cycle runs | Included | Per-run charge common |
| Multi-state filing | Included | Varies by plan/tier |
Which Is Right for Your Business?
For businesses under 100 employees without a dedicated in-house HR compliance specialist, managed payroll at $25-$45 PEPM provides the best combination of cost, coverage, and compliance reliability. The decision to move to an alternative typically makes sense when you have internal HR staff who genuinely want to manage the payroll function directly.
Managed Payroll, Handled.
BEG manages payroll at $25-$45 per employee per month, all-inclusive. Get an instant cost comparison for your business.
Frequently Asked Questions
What does managed payroll cost?
BEG managed payroll runs at $25-$45 per employee per month, all-inclusive. For a 25-employee company, that is $625-$1,125 per month.
How quickly can you set up managed payroll?
Setup takes 3-5 business days from contract signing to first live payroll run. We handle the configuration, data migration, and tax account setup.
What is included at $25-$45 PEPM?
Payroll processing, federal and state tax deposits and filings, new hire reporting, direct deposit, year-end W-2s and 1099s, compliance monitoring, and off-cycle runs. All included.
Can you handle payroll in multiple states?
Yes. Multi-state payroll is a standard service. We register in each state where you have employees and handle state withholding and unemployment filing in all applicable states.
What happens if there is a payroll error?
If an error occurs due to our processing, we correct it at our cost. This includes amended returns, corrected W-2s, and penalty abatement where applicable.
Related Resources
Anthony leads payroll solutions at Business Executive Group, a national managed payroll firm serving businesses across industries. BEG manages payroll at $25-$45 PEPM, all-inclusive, with deep expertise in compliance, multi-state filing, and industry-specific payroll requirements. Get instant pricing at beghr.com.
Authoritative source: U.S. Department of Labor: Wage and Hour Division
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