Banks do not charge for that.Just a thought ... banks may charge for automatic transfer of the net payroll amounts if the employee does not have an account with the same bank. Not sure of if that is much of a cost factor though???
It costs $477 plus $4.27/month.
How often do you pay $477?
Right now I pay $39 per month and $7/employee with gusto. They have a very easy to use system, customer support has been great, and they handle all filings and annual forms. The one thing I don't like is the 2 day turnaround on payroll, which is 4 days when you first sign up.