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Gig Wage

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Last updated on

Company health

Employee growth
4% decrease in the last year
Web traffic
42% decrease in the last quarter
Financing
August 2024 - $25M

Ratings

G2
3.8/5
(2)
Glassdoor
2.7/5
(8)

Gig Wage description

Gig Wage is a payment platform designed for businesses with contractors. It allows companies to pay contractors quickly and easily, while also handling tax forms and other administrative tasks. Gig Wage focuses on providing a fast and efficient payment experience, with features like direct deposit and instant payouts. This helps businesses streamline their contractor payments, improve contractor satisfaction, and reduce administrative burden.


Who is Gig Wage best for

Gig Wage is a payment platform designed for businesses of all sizes that use contractors. It automates payments, handles tax forms (like W9s and 1099s), and offers flexible payment options like direct deposit and instant payouts. This simplifies contractor management and reduces administrative burden for businesses.

  • Ideal for small to large businesses seeking streamlined contractor payments and tax solutions.

  • Suitable for businesses across all industries utilizing contractors.


Gig Wage features

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Gig Wage enables streamlined onboarding and quick payment processing for contractors.

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Gig Wage automates W9 collection and 1099 filings for compliance.

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Gig Wage offers both instant payments and direct deposit options to contractors.

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Gig Wage allows businesses to set up automatic payments based on various schedules.

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Gig Wage offers a simple and affordable background check feature.

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Gig Wage verifies contractor identity to enhance security and prevent fraud.

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Gig Wage offers a range of perks for contractors, including health, wellness, and tax benefits.


Gig Wage pricing

The commentary is based on 1 reviews from Gig Wage G2 reviews.

Gig Wage offers low fees and a simple payment platform. However, some users found the pricing to be a bit high considering the lack of certain features compared to competitors, like document storage and flexible payment schedules.

See the Gig Wage pricing page.

Basic

$10/mo Per active contractor

Great for businesses with more than 15 contractors.

Pro

$7/mo Per active contractor

Great for businesses with more than 300 contractors.

Enterprise

Custom

Great for businesses with more than 1,500 contractors.


Gig Wage alternatives

  • Logo of Wingspan
    Wingspan
    Offers more features for contractor management, including benefits administration and a dedicated help desk. Better user reviews and ratings, and growing faster. A better Gig Wage alternative for larger enterprises.
    Read more
  • Logo of FCF Pay
    FCF Pay
    Better for businesses focused on cryptocurrency payments and management. Offers tools like a payment gateway, invoicing, and payroll management specifically designed for cryptocurrency. Caters to businesses of all sizes interested in integrating crypto.
    Read more
  • Logo of REPAY
    REPAY
    Better for mid-sized businesses seeking an all-in-one payment solution. Focuses on automating accounts payable and integrating with existing business software. Geared towards managing both incoming and outgoing payments. Higher ratings on G2.
    Read more
  • Logo of Thera
    Thera
    Better for international payroll and benefits, especially for medium-sized businesses with contractors abroad. Thera is growing faster and has higher ratings.
    Read more
  • Logo of ConnectBooster
    ConnectBooster
    Better for IT service businesses. Focuses on automating billing and collections, integrating with industry-specific software. Has higher ratings.
    Read more
  • Logo of Wise-Pay
    Wise-Pay
    Better fit for IT service providers in the USA, Canada, Australia, and New Zealand. Higher G2 rating.
    Read more

Gig Wage FAQ

  • What is Gig Wage and what does Gig Wage do?

    Gig Wage is a payment platform for businesses that hire contractors. It simplifies and automates contractor payments, tax form management (like 1099s), and other administrative tasks. It offers flexible payment options, including direct deposit and instant payouts, helping businesses streamline operations and improve contractor satisfaction.

  • How does Gig Wage integrate with other tools?

    Gig Wage integrates with various payroll, accounting, and HR platforms. It also offers an API for custom integrations, enabling businesses to connect with their existing tech stack and streamline workflows.

  • What the main competitors of Gig Wage?

    Top alternatives to Gig Wage include Wingspan, FCF Pay, REPAY, Thera, ConnectBooster, and Wise-Pay. These competitors offer similar features, such as contractor onboarding, payment processing, and compliance management. They target businesses of varying sizes and across various industries.

  • Is Gig Wage legit?

    Yes, Gig Wage is a legitimate payment platform for businesses with contractors. It handles payments, tax forms, and other administrative tasks, offering features like direct deposit and instant payouts. They offer transparent pricing based on active contractors.

  • How much does Gig Wage cost?

    Gig Wage's pricing is based on the number of active contractors. The Basic plan is $10 per contractor/month, while the Pro plan is $7 per contractor/month for larger businesses. Enterprise pricing is custom. Is Gig Wage worth it? The flexible pricing and volume discounts make it a competitive option.

  • Is Gig Wage customer service good?

    Some users found Gig Wage's customer service unresponsive and unhelpful, especially during a service disruption. While the platform was useful for contractor payments and taxes, the lack of communication caused significant disruption for some smaller businesses.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.