Rippling vs Gusto: Comparing Pricing, Benefits, and Product Features

In today's business environment, it is crucial to find the right HR and payroll platform for effective workforce management. Rippling and Gusto have emerged as popular options, each offering unique features and benefits tailored to different business needs. 

This article compares Rippling and Gusto, covering pricing, features, and customer support. 

Head-to-Head Comparison: Rippling vs Gusto

This comprehensive breakdown thoroughly examines the performance of Rippling, Gusto, and Wisemonk in payroll management, compliance support, and EOR services. 

Employer of Record (EOR) Services

• Rippling: Offers PEO (Professional Employer Organization) services and functions as a full-fledged EOR provider. However, its EOR capabilities are not tailored for markets like India.
• Gusto: Offers EOR services through its partnership with Remote. It primarily focuses on U.S.-based businesses.
• Wisemonk: Offers comprehensive EOR services tailored specifically for the Indian market. It acts as the legal employer, managing compliance, payroll, contracts, benefits, and other related matters, allowing companies to hire in India without establishing a local entity.

Payroll and Benefits Management

• Rippling: Provides automated payroll processing with multi-currency support and real-time HR data syncing. Offers customizable employee benefits packages, including health, dental, vision, and retirement plans, but is more focused on U.S.-centric benefits.
• Gusto: Streamlines payroll processing with options for automated tax filings, direct deposits, and benefits administration. Gusto offers health insurance, retirement plans, and commuter benefits, making it easy for small to medium-sized U.S. businesses.
• Wisemonk: Specializes in Indian payroll, managing accurate salary calculations, tax deductions, and compliance. It provides various locally relevant employee benefits, including health insurance, retirement plans, and paid leave tailored to the Indian workforce's needs.

Compliance and Tax Support

• Rippling: Offers automated compliance alerts for HR, payroll, and benefits. However, it lacks localized compliance expertise, particularly in non-U.S. markets such as India.
• Gusto: Strong in U.S. payroll compliance, covering tax filings, benefits administration, and regulatory requirements. It keeps businesses informed about state and federal compliance changes, but provides limited support for global compliance.
• Wisemonk: Focuses on Indian compliance, ensuring all contracts, payroll processes, and employee benefits meet local labor laws. Wisemonk also provides tax optimization tailored for Indian employees, including payroll tax deductions, professional tax, and Provident Fund (PF) management.

Equipment Services and Management

• Rippling: Provides essential device management services, including remote configuration and security for employee devices. Ideal for companies needing centralized IT management, Rippling allows businesses to track company-owned equipment and automate device provisioning for new hires.
• Gusto: Lacks dedicated equipment services or IT asset management features. Its primary focus is payroll, benefits administration, and HR services, making it less suitable for companies with significant equipment or IT management needs.
• Wisemonk: We specialize in comprehensive equipment procurement and management services for remote teams in India. It handles equipment sourcing, delivery, and lifecycle management, ensuring that employees have the necessary tools to work effectively. Additionally, Wisemonk manages device recovery and data wiping to maintain security when employees exit the company.

Onboarding and Offboarding

• Rippling: Offers automated onboarding with digital document collection, contract creation, benefits enrollment, and IT provisioning. Offboarding is also automated, including device recovery and benefits termination.
• Gusto: Offers a straightforward onboarding process that includes online document collection, benefits enrollment, and compliance checklists. However, it lacks advanced features like IT provisioning and automated offboarding.
• Wisemonk: Specializes in streamlined onboarding tailored to Indian regulations. It includes compliant contract creation, tax registration, equipment procurement, and setting up employee benefits. Offboarding services include managing final settlements, device recovery, and contract terminations according to Indian labor laws.

Employee Self-Service Tools

• Rippling: Offers a self-service portal for employees to access their pay stubs, benefits, and tax documents. Employees can also manage their IT resources, enhancing autonomy and reducing HR workload.
• Gusto: Provides an employee portal where team members can view pay stubs, benefits information, and W-2 forms. However, it lacks IT management tools in the self-service portal.
• Wisemonk: Employees can use Wisemonk's platform to access their payslips, tax documents, and benefits information, as well as request support for HR-related queries. The portal is tailored to meet the needs of Indian payroll and compliance, offering employees a localized experience.

Pricing and Scalability

• Rippling: The pricing is customizable, but costs can increase as businesses add more services and users.
• Gusto: Transparent pricing starting at $49/month for the Core plan, with added costs for benefits, tax filings, and additional services. 
• Wisemonk: Offers transparent and competitive pricing, starting at $99/employee/month for EOR services and $19/contractor/month. 

Rippling offers robust HR, payroll, and device management solutions for tech companies. Gusto is a cost-effective solution for small U.S. businesses. Wisemonk specializes in payroll, compliance, EOR, and equipment management for remote teams in India.

Conclusion: Rippling vs Gusto

After a comprehensive analysis, each platform offers unique benefits depending on your business needs.

Why Choose Rippling?

Rippling is a comprehensive solution for businesses looking to manage their HR, IT, and finance needs in one platform. 

1. Comprehensive All-in-One Solution: Integrates payroll, benefits, time tracking, and app management into a single platform.
2. User-Friendly Experience: Features a sleek interface that simplifies navigation and reduces the learning curve for users.
3. Robust Automation and Compliance: Automates payroll processes and ensures compliance with local labor laws, minimizing manual work and errors.

Why Choose Gusto?

Gusto is an established payroll and HR platform known for its user-friendly design and transparent pricing.

1. User-Friendly Interface: Intuitive design that makes it easy for both administrators and employees to navigate.
2. Comprehensive Features: Offers a wide range of HR tools, including payroll, benefits administration, and employee onboarding.
3. Transparent Pricing: Clear pricing structure with no hidden fees, making it easy for businesses to budget effectively.

Why Choose Wisemonk?

Wisemonk specializes in providing EOR services primarily in India, making it an excellent choice for businesses looking to hire locally. 

1. Specialized Focus on India: Deep expertise in Indian labor laws and compliance, ensuring businesses can hire confidently.
2. Comprehensive EOR Services: Offers a full suite of services, including payroll management, compliance support, and employee benefits.
3. Transparent and Competitive Pricing: Cost-effective pricing model that provides value for businesses looking to manage their workforce in India.

When it comes to managing a global workforce, choosing the right payroll and HR solution is crucial for ensuring compliance, efficiency, and employee satisfaction.

When choosing between Wisemonk, Rippling, and Gusto, businesses should consider their specific needs, such as geographic focus, industry requirements, and the size and complexity of their workforce.

Wisemonk is an ideal choice for companies looking to hire in India.

Have questions about managing your workforce? Contact our experts today for personalized advice and solutions tailored to your business needs.

Ready to see how Wisemonk can transform your hiring and payroll process? Request a demo now!

FAQs 

1 Which platform offers Employer of Record (EOR) services?

• Rippling: Offers limited PEO services but not full-fledged EOR capabilities.
• Gusto: Provides EOR services outside the US in partnership with Remote.
• Wisemonk: Provides complete EOR services tailored for the Indian market, allowing companies to hire and manage employees in India without a local entity.

2 Which platform is best for managing payroll in India?

Wisemonk is the best choice for managing payroll in India. It specializes in Indian labor laws, compliance, payroll, and benefits and offers a comprehensive suite of services for companies hiring and managing employees in India.

3 Can Rippling, Gusto, or Wisemonk help with equipment procurement for remote teams?

• Rippling: Offers limited device management services, including remote configuration and security for employee devices.
• Gusto: Does not provide equipment procurement services.
• Wisemonk: Offers comprehensive equipment procurement and management services for remote teams in India, including sourcing, delivery, and secure device recovery.

4 How does Wisemonk ensure compliance with Indian labor laws?

Wisemonk provides expert compliance support tailored to Indian labor laws, offer contracts, payroll processes, and employee benefits. It includes contract management regulations, including tax deductions, Provident Fund (PF) management, and employment contracts compliant with local laws.

5 Does Wisemonk offer recruitment support?

Yes, Wisemonk provides recruitment support specific to the Indian market. It ensures compliance with local hiring practices, offers streamlined onboarding, and manages employee benefits in line with Indian regulations.