Managed Payroll · Full Service Payroll

Full Service Payroll, Defined: What It Means, What It Does Not, and What It Costs

'Full service payroll' gets used to mean two very different things: some providers mean software that also files your taxes, others mean a team that runs the whole function while you approve hours. The gap between those two definitions is exactly where buyers get burned on price and scope. BEG runs the second version, full processing and compliance handled for you, at $25-$45 per employee per month.

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Full service payroll: one provider handling processing, tax filing, and compliance

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$25-$45PEPM, all-inclusive
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TL;DR

Full service payroll means a provider runs the entire payroll function: processing, tax deposits and filings, new hire reporting, garnishments, and year-end forms, so nothing lands back on your team except approving hours and reviewing the run. That is different from payroll software that happens to include tax filing, and different from a PEO, which adds a co-employer on top of the service. BEG delivers full service payroll at $25 PEPM inside your existing platform or $45 PEPM on isolved, all-inclusive, with a $500 monthly minimum.

The Actual Definition

What does "full service payroll" mean?

A provider that handles the complete payroll cycle on your behalf, calculation through filing, so no payroll task requires your time beyond approving hours and reviewing the run before it processes.

01
The term is used loosely across the industry
Some vendors sell payroll software and call it "full service" the moment they add automatic tax filing. Others use it to mean a dedicated team that runs the entire cycle while your role shrinks to approving hours. Both use the same two words. Only one actually takes the work off your desk.
02
The real test is what happens when something goes wrong
Software with automatic tax filing still expects you to catch the error, fix the setup, and resubmit. A genuinely full service provider owns the correction: BEG fixes an error caused by BEG's processing at no cost, including amended returns and corrected W-2s.
03
Full service does not mean full outsourcing of employment
A full service payroll provider processes and files on your behalf. It does not become your employer of record and does not take on the co-employment relationship a PEO does. Your EIN stays on every filing, every time.
04
Price and scope have to be checked together
A per-employee rate that excludes tax filing, year-end forms, or multi-state registration is not full service, no matter what the marketing page says. Confirm exactly what is inside the number before comparing it to another provider's number.

Full Service vs. Software vs. PEO

How full service payroll differs from the other two models

Three models get compared under the same "supported payroll vs. fully managed payroll" question. Here is where each one actually sits.

ModelWho does the workWho is the employerWhat is typically missing
Payroll software (self-service)YouYou, solelySomeone on your team still runs every cycle and owns every error
Software with automatic tax filingYou, mostlyYou, solelyFiling is automated, but setup errors, corrections, and notices are still yours to catch
Full service payroll (BEG)The provider, end to endYou, solelyNothing structural. You approve hours and review the run
PEOThe PEOCo-employer with youYour sole-employer status, and often a bundled invoice that hides the real admin cost

If what you actually want is the administrative burden gone without adding a co-employer, full service payroll is the direct fit. See the full breakdown in DIY payroll vs. managed payroll and payroll outsourcing, compared the right way.

Choosing a Provider

What to check in any full service payroll provider

Confirm tax filing, corrections, multi-state registration, and year-end forms are actually included in the quoted rate, not sold back to you as add-ons once you are signed.

  • Is tax filing included, or a separate line item
  • Who owns an error, in writing, not just verbally
  • Is the rate per employee or a percentage of payroll
  • Are multi-state registrations included
  • Is there a per-W-2 or per-1099 charge at year end
  • Is there an implementation fee
  • Who answers an employee paycheck question directly
  • How fast is go-live, in business days

Full Service Payroll for Small Business

Does full service payroll make sense below 50 employees?

Yes, and it is often the clearest win at that size, since a small company rarely has anyone whose actual job is payroll compliance.

A company under 50 employees usually has payroll running through whoever also handles bookkeeping, HR questions, and half of operations. Full service payroll removes the calculation, the filing, and the compliance monitoring from that person's plate entirely, for less than a fraction of a full-time hire. At BEG's $500 monthly minimum, that puts a 10-person company at roughly $50 per employee effective, and a 20-person company at the published $25 PEPM rate with no minimum drag.

What BEG Includes

What is actually inside BEG's $25-$45 PEPM rate

Processing
Every cycle, any frequency
Weekly, biweekly, semimonthly, or monthly runs, direct deposit, off-cycle and bonus runs, and garnishment processing, all included.
Compliance
Tax deposits and filings
Federal and state deposits, quarterly 941s, annual 940, state withholding and unemployment returns, and new hire reporting in every state you employ people.
Year End
W-2s, 1099s, no surcharge
Full reconciliation, e-filing with the Social Security Administration, and 1099-NEC filing for contractors, at no extra charge.

One published rate, no per-run fees, no per-filing fees, no implementation fee. Full pricing detail on managed payroll pricing.

The Belief Behind This Page

Payroll and HR busywork is a tax on growth. Software that automates part of the calculation still leaves the compliance risk and the correction work with you. Full service payroll, done correctly, removes the function from your desk entirely, for a fraction of what a $60,000-$100,000 internal hire costs.

Getting Started

A 15-minute scope review maps your pay frequency, states, and current setup, and gives you a fixed monthly price. Live payroll runs 3-5 business days from signing, no migration required.

FAQ

Common questions about full service payroll

What is full service payroll?

A payroll arrangement where the provider runs the entire cycle on your behalf: calculation, direct deposit, tax deposits and filings, new hire reporting, garnishments, and year-end W-2s and 1099s. Your team approves hours and reviews the run. Everything else is the provider's job.

How is full service payroll different from payroll software?

Software gives you tools to run payroll yourself, sometimes with automatic tax filing layered on top. Full service payroll means a provider runs the cycle for you and owns the corrections when something goes wrong. The difference shows up the first time a filing needs to be fixed.

Is full service payroll the same as a PEO?

No. Full service payroll is a service arrangement. You stay the sole employer of record and your EIN stays on every filing. A PEO becomes a co-employer of your staff for tax purposes, which is a different legal relationship entirely. See PEO alternative for the full comparison.

Who are the full service payroll providers to consider?

Look past the marketing label and check what is actually included: tax filing, error correction, multi-state registration, and year-end forms, all inside the quoted rate. BEG publishes its full service rate at $25-$45 PEPM with no per-filing or per-form fees, so the comparison is straightforward against any provider that quotes the same way.

How much does full service payroll cost?

BEG charges $25 per employee per month inside your existing platform, or $45 PEPM on BEG's isolved platform, all-inclusive, with a $500 monthly minimum. At 25 employees, that is $625-$1,125 per month with nothing added for tax filing or year-end forms.

Does full service payroll work for a small business under 20 employees?

Yes. Below 20 employees the $500 monthly minimum applies, which still runs far under the cost of any dedicated payroll hire, and it removes compliance risk from whoever is currently handling payroll alongside other duties.

Related reading

See managed payroll pricing, or start at all managed payroll services.

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