thread Re: Processing Payroll for Independent contractors in Archived Discussions (Read Only)

Square for Payroll pricing

Sweetalicious — Mon, 20 May 2019 01:24:58 GMT

I am getting ready to sign up for Square Payroll, I have a small family owned business with 5 paid employees. I've read many threads on this but am still confused... If I pay for Square payroll, do I have to subscribe/pay to Square Timesheets and Square employee management to be able to be have square import my tips for me for tip pooling and pay out?

Re: Square for Payroll pricing

Helen — Mon, 20 May 2019 01:33:30 GMT

I'm really sorry for the confusion @Sweetalicious! There are two Payroll services: one for Contractors Only (suitable for business who need to hire self-employed contractors) and another for Employees and Contractors (suitable if you hire 1099 contractors and W-2 Employees).

It sounds like the Employees and Contractors service is what you're looking for - it costs $29/month + $5 per person paid per month and includes tip calculations and importing, and timecards for employees.

This Support Center article might help as it shows a breakdown of exactly which features are included in each service, and it has the fee for each too: Square Payroll Pricing & Features.

Re: Processing Payroll for Independent contractors

J3z-3r — Mon, 10 Aug 2020 05:31:39 GMT

Does Square only charge a $5.00 fee when payout of a worker takes place?

Re: Processing Payroll for Independent contractors

JustinC — Tue, 11 Aug 2020 15:19:54 GMT

Yes, $5 per contract you pay during a payroll cycle. If you're paying contractors and employees, a monthly fee of $29 is tacked on.

@J3z-3r

Re: Square for Payroll pricing

Ryan_M — Tue, 02 May 2023 22:00:28 GMT

As of June 1, 2023 that price of Square Payroll will increase by $1 per person paid, from $5 to $6. The base subscription fee will remain unchanged at $35 per month.

You can pause or close your Square Payroll account at any time. Please visit our support center to learn more about managing your Square Payroll subscription. If you have questions, we are always happy to help.