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How can I calculate the monthly cost of payroll services for my business?

Learn how to calculate your estimated invoice for Patriot.

Patriot Software offers two payroll service options—Basic Payroll and Full Service Payroll—along with optional add-ons like Time & Attendance. This guide explains how to calculate the monthly cost for your business based on the number of employees and any additional features you choose.

Overview of Payroll Services

  • Basic Payroll: A cost-effective solution for businesses that handle their own tax filings.

  • Full Service Payroll: Includes tax filing services, making it a more comprehensive option.

Cost Breakdown for Basic Payroll

To calculate the monthly cost for Basic Payroll:

  1. Start with the base fee of $17 per month.

  2. Add $4 per worker paid in the month.

Formula: $17 base fee + ($4 × number of workers paid) For example, for 30 workers paid in the month:

  • $17 base fee + ($4 × 30) = $137/month

Cost Breakdown for Full Service Payroll

To calculate the monthly cost for Full Service Payroll when you are only filing in one state:

  1. Start with the base fee of $37 per month.

  2. Add $5 per worker paid.

Formula: $37 per month base fee for Full Service Payroll +($5 x worker paid) and filing in just one state (included)

  • $37 base fee + (5x30) = $187/month

Full Service Payroll Multi-State Filing Fees

If you use Full Service Payroll and need to file taxes in multiple states, the first state is included in the base fee. Each additional state costs $12 per month.

Formula: $37 base fee + ($5 × number of workers paid) + ($12 × number additional states) For example, for 30 employees in two states:

  • Full Service Payroll: $37 base fee + ($5 × 30) worker fee + ($12 × 2) additional state fees = $223/month

Add-ons and Additional Fees

Time & Attendance Add-on

This optional feature helps track employee hours and integrates seamlessly with payroll services. To calculate the cost:

  1. Start with the base fee of $6 per month.

  2. Add $2 per W-2 employee who uses a time card.

Formula: $6 base fee + ($2 × number of employees who use a time card) For example, for 30 W-2 employees:

  • $6 base fee + ($2 × 30 W-2 employees who use a time card) = $66/month

If you ONLY use the request management feature (none of your employees use a time card) the charge will only be the base price of $6/month with no per employee fee.

Example Calculations

Basic Payroll with Time & Attendance

For 30 employees who were paid during the month and used time cards:

  • Basic Payroll: $17 + ($4 × 30) = $137/month

  • Time & Attendance: $6 + ($2 × 30) = $66/month

Total: $203/month

Full Service Payroll with Time & Attendance

For 30 employees who were paid and used time cards in the month:

  • Full Service Payroll: $37 base fee + ($5 × 30) = $187/month

  • Time & Attendance: $6 base fee + ($2 × 30) = $66/month

Total: $253/month

HR Software Add-on

This optional feature allows you to streamline your HR tasks and manage employee documents. It integrates seamlessly with payroll services. To calculate the cost:

  1. Start with the base fee of $6 per month.

  2. Add $2 per W-2 employee paid in the month

Formula: $6 base fee + ($2 × number of W-2 employees paid) For example, for 30 W-2 employees paid during the month:

$6 + ($2 × 30) = $66/month

For 30 employees who were paid in the month:

  • Full Service Payroll: $37 base fee + ($5 × 30) = $187/month

  • HR Software: $6 base fee + ($2 × 30) = $66/month

Total: $253/month

Optional HR Add-on

HR Experts is an optional HR Software add on that gives you unlimited access to HR experts and over 147 training courses. The cost is $45/month. This monthly fee is a flat fee. To calculate the cost of the HR software with HR Experts and Training

  1. Start with the HR base fee of $6 per month

  2. Add $2 per W-2 employee paid

  3. Add $45

Formula: $6 base fee + ($2 x number of W-2 worker paid) + $45 (HR experts and training add-on)

For full service payroll for 30 W-2 employees paid in the month with HR software and HR experts and Training:

  • Full Service Payroll: $37 base fee + ($5 × 30) = $187/month

  • HR Software: $6 base fee + ($2 × 30) = $66/month

  • HR Experts and Training Add-on = $45

Total= $298

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