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Wave Payroll

Wave Payroll Pricing

Wave Payroll pricing from the vendor’s own pricing page: 1 plan, cost by headcount, and the extra fees to budget for.

starting price
$40/mo + $6/employee1
Wave Payroll review
By LeadChange Research TeamUpdated Based on 8 sources, most recently checked

1 plan · list prices

  • Wave Payroll (US)$6/employee/mo + $40/mo base1

Wave Payroll plans

  1. Wave Payroll (US)

    $6/employee/mo + $40/mo base1

    Monthly

    • Federal and state payroll tax payments and filings in all 50 states
    • Unlimited free direct deposits
    • W-2, W-3 and 1099-NEC forms

What matters most besides the price?

We match on verified product facts for this need, never on who pays us.

Price at a glance

  • Starting base fee

    $40/mo1

  • Starting price per employee

    $6/employee/mo1

  • Pricing model

    Base fee + per employee1

  • Price transparency

    Published1

  • Free trial

    Yes1

  • Contract term

    Monthly1

Wave Payroll cost by company size

  • Wave Payroll (US)$40/mo base + $6/employee/mo
Estimated list price per month by number of employees
EmployeesWave Payroll (US)
1$46/mo$1,656 over 3 yrs
5$70/mo$2,520 over 3 yrs
10$100/mo$3,600 over 3 yrs
25$190/mo$6,840 over 3 yrs
50$340/mo$12,240 over 3 yrs
100$640/mo$23,040 over 3 yrs

List prices before discounts and add-ons.

Extra and hidden costs

  • Implementation fee

    None1

    No implementation fee is listed.

  • $6 a month for each independent contractor paid

    Listed by the vendor1

Is it worth the price?

25th percentileWave Payroll at $190/mo1 vs a category median of $201.50 (list price per month at 25 employees, 10 payroll software products with published prices).

At 25 employees, Wave Payroll lists at $190 a month. Of the 10 payroll software products with published prices, 2 cost less and 7 cost more.

Payroll software pricing

Price comparison

Wave Payroll vs alternatives: lowest published price
ProductStarting pricePricing modelPricing details
Patriot Payroll$37/mo + $5/employee/mo (Full Service Payroll plan)2Base fee + per employeePatriot Payroll plans and prices
Square Payroll$35/mo + $6/employee/mo3Base fee + per employeeWhat Square Payroll costs
Wave Payroll$40/mo + $6/employee/mo1Base fee + per employeeWave Payroll pricing
Gusto$49/mo + $6/employee/mo4Base fee + per employeeGusto plans and prices
SurePayroll$29/mo + $7/employee/mo (Full Service plan)5Base fee + per employeeSurePayroll pricing
Paychex Flex$39/mo + $5/employee/mo (up to 19 employees)6Base fee + per employeePaychex Flex pricing

Lowest published monthly price of a plan that files payroll taxes for payroll software, cheapest first at 25 employees. Paychex Flex’s priced plan is not sold at 25 employees. “See plans”: priced on another basis; “Quote only”: no published price.

Frequently asked questions

How much does Wave Payroll cost?

In the US, Wave Payroll costs $40 a month plus $6 per active employee and $6 per independent contractor paid for US customers who signed up since April 2, 2025. There are no set-up fees.

What do alternatives to Wave Payroll cost?

At 25 employees Wave Payroll lists at $190 a month; the lowest-priced alternatives compared here are Patriot Payroll ($162, $28 less), Square Payroll ($185, $5 less), and Gusto ($199, $9 more), at list price.

Does Wave Payroll offer a free trial?

Yes. Wave Payroll offers a free trial.

How much does Wave Payroll cost per month?

On its lowest published plan ($40 plus $6 per head), Wave Payroll comes to about $100 a month for 10 employees and $340 for 50, at list price before add-ons and taxes; the Wave Payroll (US) plan lists at $6/employee/mo + $40/mo base. How that compares across the category: What payroll software costs.

Does Wave Payroll charge an implementation fee?

No. Wave Payroll states no implementation fee.

Who makes Wave Payroll?

Wave Payroll (payroll software) is sold by Wave, founded in 2010 and headquartered in Toronto, Ontario, Canada. Its plans and contract terms are set by Wave; see the Wave company profile for the products it sells and its ownership.

How this page was made

  • What it is built from

    19 verified facts, each checked against the vendor's own pages or another primary source, most recently on Nov 3, 2026.

  • Method

    Scored and compared with the LeadChange methodology, version 1.5. Read the methodology

  • Independent review

    Passed our independent review on Oct 31, 2026. How we review

  • Hands-on testing

    We have not tested Wave Payroll hands-on: this page uses public information only.

  • Who made it

    The LeadChange Research Team, following a written research process. No named expert has reviewed this page. About us

  • Independence and errors

    Who pays us never changes a score or a rank. If something here is wrong, tell us and we correct it publicly. Request a correction

Compare Wave Payroll pricing for your team

List prices are a starting point. Type your headcount in the calculator for an estimate, then answer up to 5 quick questions to see Wave Payroll beside the 2 alternatives that fit you best.

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Wave Payroll Pricing

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Sources

The 8 pages this page's facts come from, with the day we last checked each one. The numbers beside the figures above link here.

Quotes from the sources
  1. Wave waveapps.com/payroll“$40 USD base fee+ $6 per active employee+ $6 per independent contractor paid” “No set-up fees or hidden charges.”
  2. Patriot Software patriotsoftware.com/pricing“Basic Payroll is $17/month + $4 per worker paid; Full Service Payroll is $37/month + $5 per worker paid.”
  3. Square squareup.com/us/en/payroll/pricing“For full-service payroll, the cost is $35 per month, plus $6 per person paid per month.”
  4. Gusto gusto.com/product/pricing“Simple Run basic payroll in one state. $49/mo + $6/mo per person”
  5. SurePayroll (Paychex) surepayroll.com/payroll“Pay employees in minutes, easily access reports, and get payroll taxes filed and deposited automatically.”
  6. Paychex paychex.com/payroll/paychex-flex-essentials“Our most affordable option: Only $39/mo. + $5 per employee”
  7. Wave waveapps.com/about-us/about“Wave has helped more than 5.9 million small business owners in the US and Canada manage their money since 2010.”
  8. H&R Block investors.hrblock.com/news-releases/news-release-details/hr-block-completes-acquisition-wave-financial“Wave will maintain its leadership team, including co-founder and CEO Kirk Simpson, operating independently within H&R Block from its headquarters in Toronto, Ontario.”

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