Wave Payroll is a payroll processing software for small businesses. It lets users compute and manage payroll for salaried workers and handle local, state, and federal taxes. We compiled Wave Payroll reviews from our website and around the web and found that it has generally positive ratings. We also shared its available subscription options.
Want to know the top payroll software for small business? Read our Wave Payroll alternatives guide.
Wave Payroll Pricing
Wave Payroll has a single subscription plan that ranges from $20 to $35/month depending on a user’s business location. On top of the software subscription fee, users need to pay an additional $4/month for each employee enrolled in the system.
|CA, FL, NY, TX, IL, WA States|
|All Other US States|
Tax service states include California, Florida, New York, Texas, Illinois, and Washington. Self-service states include the other 44 remaining states.
Wave also offer a 30-day free trial for those who want to try their services before paying for a subscription.
Top Payroll Software 2019
|Best For||(Best overall) Companies with fewer than 100 employees that want cloud-based payroll software||Firms that want to offer best-in-class employee benefits to their staff||Businesses that prefer to partner with a proven industry leader|
|Price||Starts at $6/month per employee + base fee (see more pricing details)||Starts at $5/month per employee + base fee (see more pricing details)||Estimated to start at $3,079.10/year per 10 employees|
Quiz: Which Payroll Software is Best for You?
Summary of Wave Payroll User Reviews
What Wave Payroll does well:
According to positive reviews online, Wave Payroll has a great dashboard interface and is easy to use. Others are pleased with its efficient bookkeeping and reporting features. Some users also say that they like using it for invoice processing.
What Wave Payroll does not do well:
According to negative reviews online, Wave Payroll can sometimes freeze up while you are using it — causing users to lose unsaved data. Others mentioned that the software has some issues with federal, state, and tax compliance accounting.
Most Helpful Positive User Review:
“I’m a huge fan of Wave. I primarily use it for invoice processing. I’ve been with them for over a year now and watched their features grow and change directly based on user feedback — which is always heartening to see when it comes to any software. I regularly recommend them to clients who do direct billing.”
– Kelly M. Christensen
Most Helpful Negative User Review:
“I recently came across two critical issues that were in violation of the employment law that they seemed completely oblivious to. Employers terminating employees would have done so in a manner that violated the Act. With so many state/provincial and federal laws to be aware of, an employer needs to have 100% confidence that their payroll software is providing the correct amounts when dealing with terminations.”
Wave Payroll Features
Check out the list below of some of Wave Payroll’s features.
- Data Migration
- Vacation, Benefits, and Bonuses Computation
- Automatic Filings and Payment
- Payroll Journal
- Direct Deposit
- Self-Service Pay Stubs and Tax Forms
Useful Wave Payroll Resources
How To Do Payroll: The Ultimate Guide – Do you want to know how to do payroll for your employees? Are you interested in learning about the specific details of payroll processing? Check out our ultimate guide to learn how to do your own payroll management.
How to Do Payroll Accounting: A Step-by-Step Guide – Need to know the difference between regular payroll and payroll accounting? Interested in learning how to perform your own payroll accounting? Here is our step by step guide on how to do it.
Other Payroll Resources – Want to learn more about payroll services? Wondering how to do it on your own using the latest software? Find out more using our in-depth guides, resources, and articles here.
Wave Payroll FAQ
Does Payroll offer a free trial?
Yes. Wave offers a 30-day free trial for those who want to try their services before paying for a subscription.
Can I pay contractors using Wave Payroll?
No. Wave Payroll is currently designed to pay your regular salaried employees only.
Will I still pay monthly fees if I don’t have any payroll needs at the moment? For example, I’m restructuring my company and hiring new people.
You can pause your subscription by deactivating it in the billing section. Once you are ready to use Wave again, you will be billed accordingly.
When choosing a payroll software, it’s important that the software integrates with other applications your business is currently using. Here is a list of some of Wave Payroll’s popular integrations.