You’ll also gain access to employee benefits that are competitive with some Fortune 500 companies. It all starts with their HR technology platform where you can enroll in different benefits in a matter of clicks. If you’re hiring before establishing an entity, their Employer of Record service gives you a compliant way to onboard staff fast.
With the add-on, your employees also get access to modern health and wellness packages to encourage strong mental and physical health. Plus, you can get help with 401(k)s, HSAs, and commuter benefits to keep your team engaged, healthy, and happy. Those partners include Aetna, United Healthcare, and Kaiser, all of which are nationally recognized healthcare providers with numerous packages to choose from. This means that you can hire a single developer in Poland and just one sales rep in Italy. Each employee will be eligible for localized healthcare, pensions, maternity leave, and whatever else you want or need to offer based on local laws. Another unique standout of Papaya Global’s PEO solution is its benefits administration.
How much does a PEO service cost for small businesses?
It also has a blog and resource center with helpful tips and guides on many hr-related topics. While it’s not on TrustPilot or BBB accredited, it does have a 3.8 out of 5 status on Facebook. These reviews are mainly positive and mentioned how the company saves others money and time with HR administration tasks. However, it goes above and beyond standard offerings by providing risk and compliance services.
Insperity customer reviews
Ultimately, the decision depends on your company’s specific needs and willingness to adapt to a collaborative HR model. This firm also places a premium on employee education and well-being by offering Infiniti University and Infiniti Vacations. These programs provide custom, comprehensive employee training and discounts for employee vacation packages, respectively. It has also been given praise for being able to accommodate growing businesses that have added employees in a short period of time. Business owners who have done this stated that ADP greatly facilitated getting their benefits up to speed. Lastly, one piece of negative feedback that stood out was raising the fees and that’s not surprising as most large corporations do this frequently.
- Once you compare your top choices’ pricing, features and contracts, you should be able to decide which one is best for your business.
- They comply with legal regulations such as GDPR in Europe or HIPAA in the United States, ensuring client and employee information is protected against unauthorized access and data breaches.
- This mobile capability is ideal for employers looking to simplify benefits administration on the go.
- Vasquez and Bouillon both noted this as a key factor to consider when choosing a PEO.
Paychex
- It also provides its clients with tools to help them meet compliance standards like COBRA compliance along with safety protocol.
- Their features are typically accessible through intuitive online platforms and mobile-friendly applications.
- As your business changes or expands to multiple states, you can add or remove services accordingly.
Errors made now can compound later, resulting in significant time commitments to fix them. In a co-employment agreement, you will lose some direct control because you are bringing a third party into your business. It’s a hard decision to unwind, so you want to make sure that you find a PEO that actually delivers on the promised cost-savings and efficiency. Unlike outsourcing, where you hire another company to take responsibilities off your plate, a PEO is a co-employment agreement. If you’re interested in understanding Global Squirrels’ pricing model, click here to explore our flexible plans. Carefully weighing these factors is essential to determine if a PEO is the right fit for your organization.
Reviewing Accreditations and Narrowing Down Your Options
To help you find the right solution for your needs and budget, here are the best PEO services available today. To rank America’s Top States for Business in 2025, CNBC scored all 50 states on 135 metrics in 10 broad categories of competitiveness. Each category is weighted based on how frequently states use them as a selling point in economic development marketing materials, with Economy No. 1 this year.
It helps businesses track tax payments and payroll data via a mobile app, which is very convenient. With headquarters in Vancouver, Washington, BBSI offers a non-traditional PEO model that provides customized HR, payroll, risk management, and employee benefits. Unlike many PEOs, BBSI has local teams across the US, offering hands-on support tailored to industry-specific needs.
Businesses often face challenges in managing HR, payroll, and compliance alongside multiple competing priorities and limited resources. This is especially true for small companies, which are typically focused on product and sales, struggle to compete for talent against larger employers, and cannot sustain a dedicated people operations team. These costs can vary significantly depending on a number of factors, including the size of the business, the number of employees, the services being provided and the specific needs of the business. It is also helpful to demo the software, as PEOs are co-employers and more than just a software service.
PEOs bring consistency and better benefits that help improve employee satisfaction. However, their established processes may limit your ability to customize HR programs or maintain your unique workplace traditions. This could affect how engaged your employees feel and how your company is seen as an employer. However, in a co-employment arrangement, it’s important to understand that your organization ultimately remains responsible for meeting all legal and regulatory obligations. The PEO can help manage and advise on compliance, but the final accountability stays with you.
Customization of HR Services
PEOs are a great fit for businesses that best peo for small business lack dedicated HR resources but still need to maintain payroll accuracy, tax compliance, and competitive benefits. ADP also has a wide range of specialized benefits that small businesses can offer their employees, such as telehealth services, commuter benefits, and discounts on travel, retail, and entertainment. Although Paychex PEO pricing is not disclosed outright on its website, the company claims to calculate rates per employee. Reviews indicate that small business customers were quoted a flat rate per employee that’s charged each pay period.
The core of Insperity’s offering is its Workforce Acceleration system, which integrates HR software with expert support to streamline talent management, compliance, payroll and benefits administration. Customer support promises a response within two hours during business hours, and self-help resources include videos, e-books and case studies, though specific support hours are not listed. The cost of PEO services varies depending on the provider and the range of services offered.
Despite this, third-party reviewers have stated that Paychex charges less than $100 per month per employee for businesses with less than 10 employees. Fortunately, Paychex does offer tiered pricing based on the volume of employees, and business owners can learn about this more by contacting sales. Besides this standard fee, Paychex has charged other supplemental fees like a one-time setup fee of $200 and W2/1099 admin fees which are an additional $123 per year.
The Best PEO Companies For Businesses
They also offer additional specialty services including HR management and advisory services, global mobility and talent management, incorporation and local compliance services, and business process outsourcing. In addition, Paychex PEO’s services include access to a network of dedicated safety experts who can help you design customized employee training programs depending on your industry. This is especially useful for businesses operating within OSHA requirements and regulations, since they’ll monitor any changes on your behalf.
Justworks offers payroll, benefits, HR, and compliance in a single platform to make it easier for you to manage employees. Justworks provides full service support and HR consulting as and when required on top. One of XcelHR’s best advantages is that they give each user two dedicated support specialists, which are HR and payroll administration specialists.
We also regularly consult with HR experts, including recruiters, hiring managers, compliance officers and HR consultants, to stay on top of the latest HR trends impacting small businesses. And every review we publish is evaluated by our editorial staff to ensure objectivity, accuracy and fairness are at the core of our decision-making. Make sure the PEO you partner with assigns you a designated team of experts who can handle your HR, risk management, benefits and payroll needs.