Betterment at Work
Betterment at Work provides a comprehensive financial wellness platform that helps you offer 401(k) plans, student loan repayment tools, and automated investing to support your employees' long-term goals.
Justworks
Justworks is an all-in-one PEO platform that simplifies payroll, benefits, HR, and compliance for small and medium-sized businesses to help you manage your team and grow your company with confidence.
Quick Comparison
| Feature | Betterment at Work | Justworks |
|---|---|---|
| Website | betterment.com | justworks.com |
| Pricing Model | Subscription | Subscription |
| Starting Price | Custom Pricing | $59/month |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2008 | 2012 |
| Headquarters | New York, USA | New York, USA |
Overview
Betterment at Work
Betterment at Work is a modern financial benefits platform designed to help you support your employees' complete financial lives. Instead of offering just a 401(k), you can provide a holistic suite of tools including automated investing, high-yield cash accounts, and student loan management. The platform simplifies the administrative burden for your HR team by automating payroll integrations and compliance tasks, allowing you to focus on people rather than paperwork.
You can empower your workforce with personalized financial advice and easy-to-use digital tools that help them save for retirement and manage debt simultaneously. Whether you are a small startup or a growing mid-market company, the platform scales to meet your needs with transparent pricing and a user-friendly interface that encourages high employee participation and engagement.
Justworks
Justworks is a Professional Employer Organization (PEO) platform designed to take the administrative burden off your shoulders. You can manage payroll, provide high-quality employee benefits, and handle complex compliance requirements all from a single, intuitive interface. By joining their PEO, you gain access to large-group insurance rates that are typically reserved for much larger corporations, helping you attract top talent while keeping costs manageable.
The platform is built specifically for small to mid-sized businesses across various industries that want to automate manual HR tasks. You can easily onboard new hires, track PTO, and sync your accounting software to keep your books accurate. It eliminates the stress of navigating state-specific tax filings and employment laws, allowing you to focus on scaling your business rather than managing paperwork.
Overview
Betterment at Work Features
- Automated 401(k) Administration Sync your payroll provider to automate contributions, recordkeeping, and compliance testing without manual data entry.
- Student Loan Management Help your employees pay down debt faster by offering tax-free employer matching contributions toward their student loans.
- Personalized Financial Advice Give your team access to automated, goal-based investment portfolios and expert guidance tailored to their specific milestones.
- High-Yield Cash Accounts Provide your employees with a secure place to earn competitive interest on their short-term savings with no monthly fees.
- Commercial Real Estate Access Allow your employees to diversify their retirement portfolios by investing in private commercial real estate through Goldman Sachs.
- Employee Dashboard Enable your staff to track all their accounts, set savings goals, and view their net worth in one mobile-friendly interface.
Justworks Features
- Automated Payroll. Run payroll for salaried and hourly employees with automated tax filings and direct deposits in just a few clicks.
- Benefits Access. Provide your team with medical, dental, and vision plans from top carriers at competitive large-group rates.
- Compliance Support. Stay protected with automatic filings for W-2s, 1099s, and state-specific employment regulations without manual tracking.
- Employee Onboarding. Streamline the hiring process with digital document signing and automated account setup for every new team member.
- Time Tracking. Sync employee hours directly to payroll to ensure accurate payments and simplify overtime calculations for your staff.
- HR Consulting. Access certified HR experts who can guide you through complex workplace issues and policy creation whenever you need.
Pricing Comparison
Betterment at Work Pricing
Justworks Pricing
- Automated payroll and tax filings
- HR information system (HRIS)
- Compliance support and workers' comp
- Employee onboarding and PTO tracking
- Reporting and accounting integrations
- Everything in Basic, plus:
- Medical, dental, and vision access
- COBRA administration
- HSA and FSA management
- Life and disability insurance access
Pros & Cons
Betterment at Work
Pros
- Modern and intuitive user interface for employees
- Seamless integration with popular payroll providers
- Unique student loan matching feature boosts retention
- Low-cost investment options compared to traditional providers
- Quick and straightforward implementation process
Cons
- Limited customization for highly complex plan designs
- Customer support response times can vary during peak seasons
- Investment options are primarily restricted to ETFs
Justworks
Pros
- Extremely intuitive interface requires almost no user training
- Access to high-quality health insurance at affordable rates
- Responsive customer support with dedicated account managers
- Seamless automation of complex state tax filings
Cons
- Higher per-employee cost compared to non-PEO software
- Limited customization for complex organizational structures
- Requires switching your entire insurance carrier to theirs