Payroll management is an essential function for businesses of all sizes. It involves calculating and distributing employee salaries, deducting taxes, and managing benefits. MyPayrollHR was once a popular payroll management solution, but after a scandal in 2019 that resulted in the company's closure, businesses are seeking reliable alternatives. In this article, we will explore the ten best MyPayrollHR alternatives and competitors expected to gain traction in 2024.

1. ADP Workforce Now

ADP Workforce Now is a comprehensive payroll and HR management software trusted by thousands of businesses worldwide. It offers features such as payroll processing, tax compliance, time and attendance tracking, and benefits administration. ADP Workforce Now also provides robust reporting capabilities, employee self-service portals, and integrations with other HR systems. With its extensive features and proven track record, ADP Workforce Now is a top alternative to MyPayrollHR.

2. Gusto

Gusto is a user-friendly payroll and HR platform designed for small businesses. It simplifies payroll processing by automating tax calculations, direct deposits, and year-end reporting. Gusto also offers additional HR features, including employee onboarding, benefits administration, and time tracking. The platform's intuitive interface and affordable pricing make it an attractive choice for small businesses searching for a MyPayrollHR alternative.

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3. Paychex Flex

Paychex Flex is a scalable payroll and HR solution suitable for businesses of all sizes. It provides a range of services, including payroll processing, tax payments, employee self-service, and benefits administration. Paychex Flex also offers robust reporting and analytics tools to help businesses gain insights into their workforce. With its flexible features and customizable options, Paychex Flex is a strong competitor to MyPayrollHR.

4. Zenefits

Zenefits is an all-in-one HR platform that includes payroll management, benefits administration, time and attendance tracking, and compliance management. It streamlines HR processes by automating tasks and providing self-service options for employees. Zenefits also integrates with various third-party applications, allowing businesses to manage all HR functions from a single platform. With its comprehensive features and focus on simplifying HR operations, Zenefits is a compelling alternative to MyPayrollHR.

5. BambooHR

BambooHR is a cloud-based HR software that offers payroll management, applicant tracking, onboarding, and performance management tools. While it doesn't have built-in payroll processing, BambooHR integrates with popular payroll providers, making it a viable option for businesses in need of a MyPayrollHR alternative. BambooHR's intuitive interface, customizable workflows, and employee self-service capabilities make it a popular choice for HR professionals.

6. QuickBooks Payroll

QuickBooks Payroll is a well-known accounting software that also provides payroll management services. It allows businesses to calculate and file payroll taxes, automate payroll processes, and generate pay stubs. QuickBooks Payroll integrates seamlessly with QuickBooks accounting software, providing a comprehensive financial management solution. For businesses already using QuickBooks or looking for an integrated accounting and payroll system, QuickBooks Payroll is an excellent alternative to MyPayrollHR.

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7. Rippling

Rippling is an HR and IT management platform that combines payroll, benefits, and employee onboarding into one unified system. It automates payroll processes, ensures tax compliance, and offers self-service options for employees to access their pay information. Rippling also provides IT management features, including device provisioning and software access control. With its unique combination of HR and IT functionalities, Rippling stands out as a strong competitor to MyPayrollHR.

8. Namely

Namely is an HR solution designed for mid-sized businesses. It offers payroll management, benefits administration, time and attendance tracking, and performance management tools. Namely's intuitive interface and customizable workflows make it easy for HR professionals to navigate and manage employee data effectively. With its focus on providing a user-friendly experience and comprehensive HR features, Namely is a worth considering alternative to MyPayrollHR.

9. Workday HCM

Workday HCM is an enterprise-level HR management software that includes payroll processing, benefits administration, talent management, and workforce planning. It provides a unified platform for managing all aspects of HR operations and offers advanced reporting and analytics capabilities. Workday HCM's scalability and extensive features make it suitable for large organizations seeking a robust alternative to MyPayrollHR.

10. Paylocity

Paylocity is a cloud-based payroll and HR management platform designed for mid-sized businesses. It offers features such as payroll processing, tax management, benefits administration, and time and attendance tracking. Paylocity also provides employee self-service portals, mobile accessibility, and integrations with other HR systems. With its focus on user experience and comprehensive HR functionalities, Paylocity is a viable alternative to MyPayrollHR.

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In conclusion, the closure of MyPayrollHR has led businesses to explore alternative payroll management solutions. The ten alternatives mentioned in this article offer a range of features and functionalities to meet the diverse needs of businesses. Whether you are a small business looking for simplicity or an enterprise-level organization requiring comprehensive HR management, these alternatives provide reliable options. Evaluate your specific requirements, consider factors such as scalability, pricing, and integration capabilities, and choose the payroll solution that best suits your business in 2024!