Compliant.
Connected.
Cost-Effective.

Pay yourself and your employees with Novo Payroll, all from the account you already know and trust.

Join Novo Payroll
Business owners upcoming payroll

Your payroll needs.
No surprise fees.

Automatic tax filing 

Automatic tax filing

Get help with the tedious tasks like filing and calculating taxes.

Multi state coverage

Multi state coverage

Enjoy peace of mind with 50-state payroll coverage.

Next-day debits

Next-day debits

Have cash on hand for an extra 48 hours.

Auto payroll

Auto payroll

Never worry about missing a pay day for salaried employees.

Unlimited payroll runs

Unlimited runs

Pay your team as often as needed without limitations.

Banking, budgeting & payroll.
Better together.

Automated budgeting for peace of mind
Novo Payroll & Reserves

Automated budgeting for peace of mind

Experience smart payroll planning by using Novo Reserves to set aside funds for upcoming payroll expenses.

Novo Payroll & Funding

Never miss a payroll deadline

Pay your team on time, every time with free next-day debits and access to same-day capital through Novo Funding.

Never miss a payroll deadline

Save time and money with Novo Payroll

Eliminate the middleman and send payroll directly from your Novo checking account.

Join Novo Payroll

Monthly Price

Plus plan
Core plan

Base price: multi-state payroll

$35

$80

$75

Per employee

$5

$12

$6

Per contractor

$3

$12

$6

Per filing state

Free

Free

$12

Total payroll costs for:

  • 2 employees

  • 1 contractor

  • 2 filing states

$48

per month

$116

per month

$117

per month

Pricing information for customers who are running multi-state payroll based on monthly cost Gusto’s Plus plan and Intuit Quickbooks’ Core plan. Information current as of 01/22/2024.

Payroll built for small businesses

Join Novo Payroll
Easy to switch

Switch your payroll providers without lifting a finger

Novo handles migrating your employees, contractors, and tax forms so that you are up and running with Novo Payroll in no time.

Integrations to novo
Regular Novo payroll
Pay employees faster

Run payroll directly from your Novo checking account

That’s one less account you need to sign into to keep your business running smoothly.

Flexible pricing

Cancel anytime, no questions asked

Novo handles migrating your employees, contractors, and tax forms so that you are up and running with Novo Payroll in no time.

35$ per month

Frequently Asked Questions

How does Novo Payroll work?

Novo is a full service payroll provider that helps small businesses pay employees and contractors and stay compliant with federal, state, and municipal payroll taxes. With Novo Payroll, you can:

- Pay employees and contractors securely

- Automatically calculate and deduct taxes and other deductions from employee paychecks

- Securely manage employee and contractor information, including tax forms like W-4s and W-9s

- Automatically generate and distribute W-2 and 1099 forms at year-end



Novo Payroll also combines the power of payroll with your Novo checking account and Funding products (for those at qualify). Novo helps you stay ahead of payroll due dates with proactive balance notifications and budgeting with Novo Reserves. For Novo customers that qualify for Novo Funding, you can easily draw against available credit to help cover payroll when needed.

How many employees can I pay with Novo Payroll?

Currently, there is a limit of 40 employees per business on Novo Payroll. If you would like to pay more than 40 employees through Novo Payroll, please contact our team. You can pay an unlimited number of contractors through Novo Payroll.

Do you offer payroll in my state?

Novo Payroll is available in all 50 US states and Washington, D.C. Novo Payroll is currently unavailable in Puerto Rico and other US outlying territories.

Novo is a fintech, not a bank. Banking services provided by Middlesex Federal Savings, F.A. Member FDIC.