Navigating the labyrinth of payroll and HR solutions can be a daunting task for any business. The challenge often lies in striking the balance between cost-effectiveness and comprehensive service. Enter Onfolk, a payroll provider tailored to offer an array of payroll and HR solutions, with plans starting at costs of modest £8 per month per employee.
But what do you get for this cost, and are there any additional charges or hidden fees that businesses should be aware of? This article aims to elucidate the specifics of Onfolk’s pricing structure.
Basic subscription – £8 per month per employee
For the starting price of £8 per employee each month, Onfolk offers a basic payroll service that includes all the essentials. These often encompass:
- Payroll processing
- HMRC filings
- Employee payslips
- Real-time reporting
This package is ideal for smaller businesses that simply need to streamline their payroll operations without additional HR bells and whistles. For alternatives, see payroll bureau pricing.
- Takes 2 minutes
- Receive quotes to compare
- Easy and no commitment
Optional add-on costs
Onfolk also provides various add-on services that businesses can opt for, depending on their unique requirements. These might include:
- Advanced HR functionalities: from £3 per employee per month
- Expense management: from £2 per employee per month
- Time and attendance tracking: from £2 per employee per month
One-time setup fees
Some payroll providers charge an initial setup fee to configure your business in their system. However, Onfolk offers a free setup for basic payroll services. For companies that opt for advanced services or need customised setup, there may be a one-time charge, which varies depending on the level of customisation required.
Additional charges
Businesses must also consider any potential extra costs that might not be included in the basic package. These could include:
- Year-end tax filing
- Corrections or amendments to previously filed taxes
- Issuing of additional reports or payslips
It’s crucial to consult with Onfolk’s customer service to ascertain what exactly is included in your chosen payroll plan and what might incur additional costs.
- Give your requirements
- Receive quotes to compare
- Choose a provider or walk away - your choice!
Bundling for value
Onfolk often offers bundle packages that combine payroll and advanced HR solutions at a discounted rate. Businesses should explore these bundled options as they can be more cost-effective than opting for individual add-ons.
Conclusion – Onfolk payroll pricing and costs explained
Onfolk presents a competitive pricing structure that accommodates businesses of varying sizes and needs. Starting at £8 per month per employee for basic payroll services, it offers an affordable option for SMEs. However, to make an informed choice, it’s imperative to consider not just the upfront costs but also any additional charges and the value offered by optional add-ons. See our payroll comparison tool.
Before you opt for a package, be sure to discuss your specific requirements with Onfolk’s customer service and obtain a complete breakdown of all potential costs, so there are no surprises down the line.
Onfolk payroll costs FAQ
The basic package covers essential payroll services such as payroll processing, HMRC filings, employee payslips, and real-time reporting.
Onfolk offers free setup for basic payroll services. However, if you require customised setup or advanced features, there may be a one-time setup fee. The cost varies depending on the level of customisation needed.
Generally, yes. Most add-on services such as advanced HR functionalities, expense management, and time and attendance tracking can be added or removed to align with your current needs. However, it’s advisable to consult Onfolk’s customer service for specific terms.
Year-end tax filing might not be included in the basic package. Please check with Onfolk’s customer service to understand any additional charges for this service.
Onfolk aims for transparency in its pricing structure, but it’s always prudent to ask for a complete breakdown of costs. Extra charges may apply for services like corrections or amendments to previously filed taxes or issuing additional reports.
Onfolk often offers bundle packages that combine payroll and advanced HR solutions. These bundles are typically more cost-effective than purchasing individual add-ons separately.
Switching to Onfolk is generally straightforward, but the exact process can depend on the complexity of your current payroll setup. Onfolk’s customer service can guide you through the transition.
Yes, Onfolk offers custom plans tailored to fit the specific requirements of your business. To get a quote, it’s best to contact their customer service team to discuss your needs in detail.