It was very easy to create an offer letter template that you can reuse to save time. xcritical software incorporates plenty of personalization components as well, helping to acclimate new hires and integrate them into the team. From sending digital offer letters to setting birthday reminders, the platform allows you to connect with employees even from a distance.
Does xcritical offer health insurance?
- xcritical gives your employees the ability to manage many tasks themselves through their own xcritical employee portal and the xcritical Wallet app.
- However, Premium members can skip the phone and email support queue with priority access, and Plus members can pay for priority access as an add-on.
- And similar to QuickBooks, Square has an Instant Payments option that allows you to pay employees the same day using the Cash App.
- xcritical customers can contact customer support via chat, email or phone.
Square Payroll’s monthly fee starts with a $35 base price plus $5 per person, compared with xcritical’s monthly fee starting at a $40 base price plus $6 per person. Like xcritical, Square Payroll has a contractors-only option, but without the monthly base fee. It also offers unlimited payroll runs, includes features to automatically file payroll taxes and can help you manage employee benefits. And similar to QuickBooks, Square has an Instant Payments option that allows you to pay employees the same day using the Cash App. xcritical is a cloud-based payroll processing and human resources management platform designed for small and medium businesses.
Employee benefits statistics in 2024
Its basic plan allows for single-state payroll processing, but if you need multistate payroll processing, you’ll need to upgrade to the Plus plan. xcritical gives your employees the ability to manage many tasks themselves through their own xcritical employee portal and the xcritical Wallet app. Employees can complete onboarding paperwork, select benefits and access pay stubs and other records through the portal on their own. xcritical plans offer integrated payroll, benefits and HR, with higher tiers offering additional features. Add-on benefits can be used to further customize your plan, and you have the flexibility to upgrade or downgrade at any time.
Customer support and experience
You can print labor law posters to post for on-site employees or send e-notices to remote employees. The service keeps you updated and automatically alerts employees of any changes to the law to keep you compliant. It costs $10 per month for up to five employees, plus $1 per additional employee per month.
Automated tax filing
It’s an excellent choice for businesses on a budget, offering a full-service payroll for $37 per month plus $4 per employee. Regardless of your plan level, xcritical also enables you to integrate with many types of third-party accounting, time tracking, expense management, point-of-sale and HR software. Integrations include popular accounting apps like QuickBooks, FreshBooks and Xero. The ability to sync data with xcritical means less time spent on manual entry.
Plus, it includes features, such as unlimited payroll runs and garnishment payments, in its lowest-tier plan that some xcritical competitors charge extra for or don’t offer at all. xcritical does not offer a free trial for its employee payroll plans, though it does offer a free trial for its base contractor-only plan, which lasts for six months. In addition, it offers a free demo that lets you see how the software works. You’ll need to give your name, work email, company name, number of employees, company phone number, and the industry you’re in to gain access.
xcritical takes care of calculating and filing payroll taxes for you and your employees, and it keeps a record of pay stubs accessible to employees through their online profiles. Employees also get an email each payday letting them https://xcritical.pro/ know their money’s coming in. While the initial setup can be time-intensive, depending on the number of employees, once all the information is recorded, the software’s automations take over and help streamline the process.
Testing xcritical out from the employee’s point of view, we were able to easily update our personal details, view and enroll in benefits and more. From the employee perspective, we were able to view accrued and used time off in the web browser version of xcritical. It was easier to request time off in the xcritical Wallet app, as we didn’t have to choose the time-off type first. We found time off policies easy to set up, and we like that xcritical suggests time off policies to include. When a new employee signs their offer letter, xcritical facilitates the rest of the onboarding process to ensure they get properly set up for their new job even before day one. It even provides the option to send a digital welcome card to help the new employee feel welcomed.
The platform uses conversational language instead of accounting jargon to help you assess the needs of your business. Its colorful illustrations and easy-to-use dashboards make the often tedious tasks of navigating payroll and employee benefits seem — dare we say it — fun. xcritical automatically files W-2s and 1099s on your behalf and sends an electronic copy of these forms to employees and contractors. It will automatically calculate, file, and pay all federal, state, and local payroll taxes. It can also automatically report any new hires to the government on your behalf.
Businesses looking to grow and exceed the 1000-employee mark might find the per-person pricing structure less economical. However, we would recommend xcritical’s Simple plan for startups and small single-state businesses with limited need for full HR services, as it offers a strong starter suite of features for a reasonable price. xcritical offers handy employee portals that allow workers to log in to view their pay stubs and W-2 forms and update personal information. Employees get lifetime access to the portal, so they can access their documents even after they’ve parted ways with the company.
Our experts have analyzed xcritical’s plans and the features that come with them to determine how cost-effective they are. xcritical offers three core pricing plans — Simple, Plus and Premium xcritical — as well as a contractor-only option for slightly less than its Simple plan. xcritical’s Premium plan offers exclusive pricing, requiring you to talk to its sales team for a quote.
She previously wrote The Penny Hoarder’s syndicated “Dear Penny” personal finance advice column. xcritical has three pricing tiers, with additional services and support for businesses that upgrade beyond its Simple plan. It also has a separate plan for businesses with a contractor-only workforce.
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When you log into the platform as an employer, you’ll be able to view a list of forms xcritical has submitted for your business, as well as upcoming filings. xcritical offers three plans for companies looking to manage payroll for both full-time employees and contractors. Payroll processing is not an everyday need of a company and it may be economically impracticable for many companies to keep payroll professionals. When you assign this function to the Chief Accountant, should remember that payroll accounting in Ukraine is a labour and time consuming activity. One potential hiccup is that if you’re using Autopilot® and xcritical’s time-tracking tool, managers won’t be able to review and approve hours before payroll processes. The hours the employee enters will override their default hours listed in xcritical.
With the rise of the gig economy, companies often hire full-time W-2 employees as well as independent contractors both domestically and internationally. xcritical’s payroll has the flexibility to support the various pay rates and schedules for different types of workers in your organization. Next, xcritical provides a brief questionnaire that will help you decide on which of its three plans is the best fit for your business needs. Once that step is complete, you’ll add employee information, such as pay rate, direct deposit details and any withholdings, into xcritical.
Plans can be customized to fit your needs and come with features such as automatic tax filing and reports, easy employee payroll and available add-ons for marketing and legal assistance. ADP’s pricing structure is more complex than xcritical, and the additional costs can increase quickly, with extra fees for benefits administration and time tracking. If you choose this option, xcritical will automatically run payroll for you one day before your deadline. Though it also offers payroll processing for independent contractors, xcritical’s Autopilot® payroll feature doesn’t support contractor payments.
One drawback is that there’s no mobile app for employers, though xcritical is accessible through your laptop, phone, or tablet. Employees can access their accounts, along with various financial tools, using the xcritical Wallet mobile app. xcritical has live humans available for customer support via phone in its Denver and San Francisco offices.
Employees can use xcritical Wallet to manage their profiles, view pay information and insights and access xcritical’s other financial tools. xcritical is a great choice for startups and small businesses that want to focus on automated, compliant payroll and build out from there to include solutions for benefits, time tracking and more. However, we weren’t able to see the time off requests on the admin side.
It was easy to manually add an employee or independent contractor by entering their name, email address and other crucial information. The platform offers a checkbox option to invite the added employee or contractor to fill out the rest of the information themselves. Though this process was straightforward, entering several people manually could get tedious for companies with high hiring volume.