Our Recommended Professional Employer Organization (PEO)
Last Updated October 2024
Transform Your Business Operations and Save Big by Partnering with a Top PEO Provider!
Gusto
- Payroll is very user-friendly
- Simple set up
- Helps with state and federal compliance
- Offers highly customizable and detailed reports
BamboorHR
- Open APIs allow easy integration with other vendors and software
- Seven-day free trial
- Extensive and simple one-click reporting and analytics
- Excellent recruitment and applicant tracking systems
Zenefits
- Integrated platform
- Mobile Accessibility
- Built-in Compliance
- Dozens of integrations
Rippling
- Powerful automation workflows that increase operational efficiency
- Over 500+ integrations make it an easy fit into your technology stack
- Highly customizable
- All-in-one HR platform that’s cloud-based
Deluxe
- Increases operational efficiency by streamlining business processes
- Saves money by slashing back-office expenses
- Easy-to-use dashboard
- Ensures tax and regulatory compliance
Paycor
- Cloud-based immediate updates, not batched
- Unlimited payroll runs
- On-demand pay
- Compliance support
Monday.com
- Supports every type of team operation
- Various views deliver a highly customizable interface
- Easy and intuitive platform
- Various third-party integrations
Oracle netsuite
- Simple, powerful reporting tools
- Unlimited scalability
- Linked HR and financials for greater workforce insight
- Very customizable
Workday
- Great customization due to its unified data architecture
- Data analytics and big data management
- A great and intuitive user interface
- A comprehensive employee portal
Recommended Payroll Software
OnPay
- Unlimited payroll runs
- Automated payroll tax filing
- Financial and health benefits
- Employee self-service portal
Gusto
- Management of international contractor payments
- Online hiring and onboarding tools
- Automated payroll runs
- An easy-to-use integrated platform
Our Best Overall Choice
Gusto
- Payroll is very user-friendly
- Simple set up
- Helps with state and federal compliance
- Offers highly customizable and detailed reports
Choosing the right Professional Employer Organization (PEO) for your business involves several key considerations to ensure a good fit and effective partnership. Here are the steps and key reminders:
Evaluate Your Business Needs:
- Determine what HR functions you need help with, such as payroll, benefits administration, compliance, risk management, or employee training.
- Consider your business size, industry, and specific regulatory requirements.
Research PEO Providers:
- Look for PEOs that specialize in your industry and have experience working with businesses of similar size.
- Check the PEO’s accreditation status with the Employer Services Assurance Corporation (ESAC) or certification from the IRS.
Compare Services and Packages:
- Review the services offered by different PEOs, ensuring they align with your business needs.
- Compare the pricing models (percentage of payroll vs. flat fee) to understand which is more cost-effective for your business.
Review the PEO’s Reputation and References:
- Research online reviews and ask for client references.
- Inquire about the PEO’s employee retention rate and client satisfaction.
Understand the Contract Terms:
- Carefully read the PEO contract to understand the terms, especially the termination clause, service fees, liability distribution, and scope of services.
- Look for hidden fees or costs that may not be obvious upfront.
Check Technology and Integration:
- Ensure the PEO’s technology platform integrates well with your existing systems and meets your data security requirements.
- Evaluate the user-friendliness of their tools, like payroll management, HR software, and employee self-service portals.
Evaluate Customer Support:
- Assess the quality of customer service, including availability, responsiveness, and the ability to provide dedicated support contacts.
- Ensure they offer support in areas critical to your business.
Analyze Compliance and Risk Management:
- Verify the PEO’s expertise in compliance with local, state, and federal regulations.
- Understand their approach to risk management, including workers’ compensation and safety programs.
Key Reminders When Partnering with a PEO
- Transparency and Communication: Ensure clear communication about roles, responsibilities, and expectations between your business and the PEO.
- Shared Liability Understanding: Clarify how liability is shared between your business and the PEO, especially concerning employee disputes, tax obligations, and legal compliance.
- Regular Performance Reviews: Schedule regular reviews to assess the PEO’s performance against agreed-upon metrics and KPIs.
- Data Security: Ensure the PEO has strong data security measures, given the sensitive employee information they will handle.
- Exit Strategy: Understand the exit process and costs if the partnership no longer meets your needs.
Would you like to explore specific PEO options, or need further details on any of these points?
