Zenefits and Gusto are two popular HR software solutions for small and medium-sized businesses. While both solutions have many of the same core features, They also offer some unique ones of their own that can be helpful or unnecessary, depending on your business's needs. In this video, we'll take a look at some of the standout features offered by both solutions to help you decide which is best for your business. Zenefits is a human resources information system built for small to medium-sized businesses.
This means it offers core HR functions such as benefits management, employee onboarding, payroll management, and time-off requests, but it also offers some features you won't find elsewhere. By sourcing data from the hundreds of thousands of businesses that use Zenefits, compensation management shows you how your salary offerings stack up to other businesses. Using this feature, you can see if an initial offer is relatively low or high, which can help you fill competitive positions.
This helps you to be strategic about hiring, but it also help you better estimate your payroll budgeting and revenue goals. Many businesses of all sizes use business intelligence software tools today, and with the Zenefits BI tool, making your data work for you has never been easier. This feature allows you to run reports on everything from headcounts to diversity goals, to employee birthdays. Zenefits' BI tools offer preconfigured reports, but you can customize and make your own reports as well.
While it started out as an online payroll service, Gusto now offers some core HR functions in addition to a few standout features that you'll only find in Gusto. Automated payroll can present problems for businesses that run irregular pay cycles, but for everyone else, it significantly reduces the time spent running payroll. Gusto takes care of calculating taxes and withholding, and it also sends your employees automated email notifications on payday.
Unlike most HR or payroll vendors, Gusto provides personal support from certified HR experts when you sign up for the Concierge Plan. This means you can call or email Gusto with questions about any topic from open enrollment, to compliance by industry to receive personal support from a certified HR professional. Plus, Gusto also sends you alerts about new laws such as minimum wage hikes, workplace safety, and other industry-specific regulations to help you stay compliant.
Gathering every possible consideration for company-wide documents is time-consuming so Gusto's Concierge Plan offers document templates that you can download and customize for your business. These templates include employee handbooks, offer letters, performance evaluations, and more. Gusto also offers full harassment prevention training through its Concierge Plan. Zenefits and Gusto are two popular HR tools, but you can find and compare other vendors and learn more about HR software in general by visiting our HR software product selection tool on TechnologyAdvice.com. Click the button on the left to get started.