Namely vs Gusto (2024 Comparison)
Namely offers a comprehensive HR suite with customizable workflows and strong reporting capabilities. Ideal for mid-sized companies looking to streamline HR processes.
- Comprehensive HR suite
- Customizable workflows
- Strong reporting capabilities
- Steep learning curve
- Higher cost for small businesses
Free plan?
NoStarting price
$9 per employee per month
Gusto provides a user-friendly interface, excellent customer support, and affordable pricing, making it a great choice for small to medium-sized businesses.
- User-friendly interface
- Excellent customer support
- Affordable pricing
- Limited advanced features
- Basic time tracking
Free plan?
NoStarting price
$40 per monthWhat is Namely?
Namely is a comprehensive HR software designed to streamline human resources processes for mid-sized companies. It offers a suite of tools including payroll, benefits administration, and talent management, all in one platform. Namely helps businesses manage their HR tasks efficiently, reducing the time spent on administrative work and allowing HR teams to focus on strategic initiatives. With its user-friendly interface and customizable features, Namely empowers companies to create a personalized HR experience that aligns with their unique needs.
What is Gusto?
Gusto is a cloud-based payroll and HR software that simplifies the management of employee benefits, payroll, and compliance for small to medium-sized businesses. It offers an intuitive platform that automates payroll processing, tax filing, and benefits administration, making it easier for businesses to manage their HR tasks. Gusto's user-friendly interface and comprehensive features help businesses save time and reduce errors, allowing them to focus on growing their business. With Gusto, you can ensure your employees are paid accurately and on time, while also providing them with a seamless benefits experience.
Pros and Cons of Namely vs Gusto
Pros & Cons of Namely
- Namely offers a wide range of HR tools, including payroll, benefits, and talent management, making it a one-stop solution for mid-sized companies looking to streamline their HR processes.
- With Namely, you can tailor workflows to fit your organization's unique needs, allowing for a personalized HR experience that aligns with your business goals and objectives.
- Namely provides robust reporting features, enabling you to generate detailed reports and gain valuable insights into your HR data, helping you make informed decisions.
- Namely's extensive feature set can be overwhelming for new users, requiring additional training and time to fully understand and utilize all the available tools.
- While Namely offers a comprehensive HR solution, its pricing may be prohibitive for smaller businesses with limited budgets, making it less accessible for startups.
Pros & Cons of Gusto
- Gusto's intuitive design makes it easy for users to navigate and manage their HR tasks efficiently, reducing the time spent on administrative work and allowing for a seamless experience.
- Gusto is known for its responsive and helpful customer support, providing users with timely assistance and ensuring any issues are resolved quickly and effectively.
- Gusto offers competitive pricing, making it an attractive option for small to medium-sized businesses looking for a cost-effective payroll and HR solution without compromising on features.
- While Gusto provides essential HR tools, it lacks some of the advanced features offered by more comprehensive solutions, making it less suitable for larger organizations with complex needs.
- Gusto's time tracking features are relatively basic, focusing more on payroll and benefits, which may not meet the needs of businesses requiring detailed time tracking and reporting.
Namely vs Gusto: At A Glance
Value to Price
When it comes to value for money, Gusto slightly edges out Namely with its more affordable pricing structure and comprehensive features. Gusto offers a robust set of tools for payroll and HR management at a competitive price, making it an excellent choice for small to medium-sized businesses. Namely, while slightly more expensive, provides a more extensive suite of HR tools, which may be more suitable for larger organizations with complex HR needs.
Ease of Use
Gusto is renowned for its user-friendly interface, making it easy for users to navigate and manage their HR tasks efficiently. Its intuitive design and straightforward setup process make it a favorite among small business owners. Namely, while also user-friendly, has a steeper learning curve due to its more extensive feature set, which may require additional training for new users. If ease of use is a priority, Gusto is the better option.
Functionality
Namely offers a comprehensive suite of HR tools, including payroll, benefits administration, and talent management, making it a powerful solution for mid-sized companies. Gusto, while also offering a wide range of features, focuses more on payroll and benefits, making it ideal for small businesses. If you need a more extensive HR solution, Namely is the better choice, but for payroll-focused functionality, Gusto excels.
Scalability
Both Namely and Gusto offer scalable solutions, but Namely is better suited for larger organizations with complex HR needs. Its extensive feature set and customizable options make it ideal for companies looking to grow and expand their HR capabilities. Gusto, on the other hand, is perfect for small to medium-sized businesses looking for a scalable payroll and HR solution without the complexity of larger systems.
Integrations
Namely offers a wide range of integrations with popular business tools, making it easy to connect with other systems and streamline HR processes. Gusto also provides integrations, but its focus is more on payroll and benefits-related tools. If you need extensive integrations with various business applications, Namely is the better choice, while Gusto is ideal for payroll-focused integrations.
Customer Support
Gusto is known for its excellent customer support, offering responsive and helpful assistance to users. Namely also provides good customer support, but some users have reported longer response times. If customer support is a critical factor for you, Gusto may be the better option due to its reputation for providing timely and effective support.
Security
Both Namely and Gusto prioritize security, offering robust measures to protect user data. Gusto has a slight edge with its focus on compliance and data protection, making it a reliable choice for businesses concerned about security. Namely also provides strong security features, but Gusto's emphasis on compliance makes it the preferred option for security-conscious users.
Overall Rating
Overall, Gusto scores higher due to its user-friendly interface, excellent customer support, and competitive pricing. Namely, while slightly lower in overall rating, offers a more comprehensive suite of HR tools, making it ideal for larger organizations with complex HR needs. If you're looking for a payroll-focused solution with great support, Gusto is the better choice, while Namely is perfect for those needing a full HR suite.
Namely vs Gusto: A Detailed Breakdown of Key Features
Payroll Management
When it comes to payroll management, Gusto shines with its intuitive and automated payroll processing. It simplifies tax filing and ensures employees are paid accurately and on time. Namely also offers robust payroll features, but Gusto's user-friendly interface and automation make it the preferred choice for small businesses. If you prioritize ease of use and automation in payroll, Gusto is the better option.
Benefits Administration
Both Namely and Gusto offer comprehensive benefits administration features, but Gusto has a slight edge with its seamless integration and user-friendly interface. Namely provides more customization options, making it suitable for larger organizations with complex benefits needs. If you need a straightforward and efficient benefits administration tool, Gusto is the way to go.
Time Tracking
Namely offers a more comprehensive time tracking solution, with features that allow for detailed tracking and reporting. Gusto, while offering basic time tracking, focuses more on payroll and benefits. If time tracking is a critical component of your HR needs, Namely provides a more robust solution.
Employee Self-Service
Gusto excels in employee self-service, providing an intuitive platform for employees to manage their information and access important documents. Namely also offers self-service features, but Gusto's user-friendly design makes it more appealing to employees. If you want to empower your employees with easy access to their information, Gusto is the better choice.
Onboarding
Namely offers a comprehensive onboarding solution, with customizable workflows and automated processes to streamline the onboarding experience. Gusto also provides onboarding features, but Namely's extensive customization options make it ideal for larger organizations with complex onboarding needs. If you need a tailored onboarding solution, Namely is the better option.
Compliance Management
Gusto stands out in compliance management, offering tools to ensure businesses stay compliant with tax and labor laws. Namely also provides compliance features, but Gusto's focus on compliance and data protection makes it the preferred choice for businesses concerned about staying compliant. If compliance is a top priority, Gusto is the way to go.
Pricing Comparison of Namely and Gusto
To assist you in making an informed choice, we’ve outlined the pricing plans and essential features of Namely and Gusto. This comparison will highlight the best option for managing your HR needs.
Namely Pricing Plans
- Streamlined onboarding process for new employees.
- Basic payroll management for small teams.
- Compliance management to meet legal requirements.
- Basic performance tracking and management tools.
- Enhanced performance management features.
- Comprehensive benefits administration module.
- Time tracking and management capabilities.
- Managed payroll services for accurate processing.
- Advanced compliance and risk management tools.
- Shared liability compliance features.
- Large group benefits including medical, dental, vision.
- Workers’ compensation plans and safety management.
- Comprehensive HR analytics and reporting tools.
- Managed benefits services for seamless administration.
- Advanced recruiting and talent management solutions.
- Enhanced risk and safety management features.
Gusto Pricing Plans
- Basic support for payroll and HR queries.
- Employee profiles and self-service options available.
- Basic hiring and onboarding tools for new employees.
- Gusto-brokered health insurance administration.
- Next-day direct deposit for faster payroll processing.
- Advanced hiring and onboarding tools for efficient recruitment.
- PTO management and policies for employee leave.
- Time tracking and project tracking for better management.
- HR resource center for comprehensive HR management.
- Compliance alerts to stay updated with regulations.
- Access to certified HR experts for expert advice.
- Full-service payroll migration and account setup.
- Efficient management of contractor payments.
- No monthly base fee for the first 6 months.
- Simple and straightforward contractor payment processing.
- Easy integration with existing systems.
Our Rating Methodology
We thoroughly evaluate each HR software, focusing on key aspects like functionality, ease of use, and customer support. By analyzing user feedback and conducting in-depth testing, we ensure our recommendations align with your needs. Each factor is weighted to provide a reliable final rating, helping you make informed decisions.
Namely or Gusto: Which One Matches Your Business Needs?
Choose Namely If You Need ...
- Comprehensive HR solution
If you are a mid-sized company looking for a comprehensive HR solution with customizable workflows and strong reporting capabilities, Namely is the ideal choice. Its extensive feature set makes it perfect for organizations with complex HR needs.
- Customizable workflows
If you need a tailored HR experience with customizable workflows that align with your business goals, Namely offers the flexibility and personalization you require. It's perfect for companies looking to create a unique HR environment.
Choose Gusto If You Need ...
- User-friendly payroll solution
If you are a small to medium-sized business looking for a user-friendly payroll solution with excellent customer support, Gusto is the way to go. Its intuitive interface and responsive support make it a great choice for businesses seeking simplicity.
- Affordable HR management
If you need an affordable HR management solution without compromising on essential features, Gusto offers competitive pricing and a comprehensive set of tools. It's ideal for businesses looking to manage their HR tasks efficiently on a budget.
Frequently Asked Questions
Which tool is better for small businesses, Namely or Gusto?
Does Namely offer more features than Gusto?
How does customer support compare between Namely and Gusto?
Which tool offers better payroll management, Namely or Gusto?
Is Namely more expensive than Gusto?
Which tool is better for compliance management, Namely or Gusto?
Martin Lunendonk
Martin Lunendonk is a senior tech writer specializing in website builders, web hosting, and ecommerce platforms. With a background in finance, accounting, and philosophy, he has founded multiple tech startups and worked in medium to large tech companies and investment banking, bringing deep expertise and reliable insights to his software reviews.
