If managing these tasks is taking significant time and resources, a PEO may offer the expertise and support needed to streamline processes. Consider factors such as service reviews, cost comparisons, and the provider’s flexibility in tailoring services to your specific industry needs. Zenefits is known for its intuitive, user friendly platform that simplifies HR management for small businesses.
Best PEO Services of 2025
Aside from software and dedicated HR support, Insperity also delivers benefits through numerous nationally recognized insurance carriers and offers guidance on compliance. If you choose to offload a little, you’ll appreciate the simplicity and intuitiveness of Paychex’s HR software, Paychex Flex. With it, you or anyone on your team can seamlessly manage onboarding, hiring, payroll, benefits, PTO, your policies, and more. JustWorks Plus comes with all of the Basic benefits, plus access to medical, dental, and vision coverage (for an extra fee). Deel can help you accomplish many of the same services as a third-party PEO company, yet its software price may be more aligned with your budgetary concerns. Your HR team can focus on the business development tasks it needs to do for the company, using the software to save time on other necessary HR-related tasks.
What size company is best for a PEO?
Instead, it prompts viewers to book a demo or call sales to learn more about pricing. Online scheduling is more convenient than other options, but keep in mind that its PEO has a flat bundle fee. Business owners that pay this flat fee might pay more than they need to, especially if they don’t use certain services. As it’s a fairly large PEO, it has partnered with over 15,000 businesses and will pool each new customer with these businesses. This can save them significantly on insurance premiums, but they’ll be stuck with TriNet’s carriers.
Top PEO Providers in 2025: Which One Is Right For You?
Find out how Deel’s services stack up against other providers with this side-by-side comparison. Small to mid-sized businesses looking for cost-effective, hands-on HR support within the US, especially if operating in multiple states. PEOs can be especially valuable for start-up companies that move at speed, juggle multiple projects, and require support managing their HR functions. Learn about the experience of one startup founder who used Deel PEO for their US expansion. Small and mid-sized businesses, especially those interested in specialized industry guidance. Whether you’re in real estate, retail, engineering, healthcare, law, accounting, manufacturing, information technology (IT), wholesale or any other industry, a PEO is worth considering.
In this article, I’ll help you zero in on the best-fit PEO for your goals, so you can simplify HR and get back to growing your business. While we’ve featured the companies we think are the best overall, different providers may offer services that are better suited to different companies. This is especially the case as the size of the company, and how established it is, will dictate your HR needs. Start-ups may need to build-in scalability from the start, while larger businesses may need flexibility to cope with employee churn.
Growing companies that need to establish a legitimate hiring presence will often work with a PEO for payroll and retirement benefits, making them more competitive with larger companies with enormous HR budgets. This streamlines the hiring process and payroll reporting and makes life easier for your company. A PEO is an organization that offers outsourced HR services to help your company offer the same benefits and advantages that big companies can offer. Think of them as friendly partners who help you in your role as a burgeoning employer. They’re focused on giving their clients a personalized PEO experience, ensuring you can focus on growing your business. One unique feature is that Insperity offers thousands of learning materials to help your team increase their skills, empowering them to handle complicated leadership and liability issues.
Our guide below provides insightful comparisons and detailed reviews that will equip you with the knowledge to make an informed decision for your SMB. Another new feature, the Annual Employee Checkup, prompts employees to review and update their personal and tax information annually and opt into electronic W-2 delivery. Above that, the buying power of the company could be close enough to that of the PEO to make the high PEO fees disadvantageous.
- The best PEOs implement strict security measures, so it is important to partner with a reputable, accredited company.
- It also has a tool called Tax Pay, which can help users easily file and pay business taxes.
- They let you focus on the things you’re good at while ensuring you stay compliant with international employment laws.
- Since PEOs are experienced in managing HR and administrative tasks, you’re free to focus on other aspects of your business and rest assured that your employees are properly managed and supported.
- Through their comprehensive services, Tandem HR empowers businesses to focus on their core activities, secure in the knowledge that their HR functions are in capable hands.
What markets does Deel serve?
- In today’s era of remote work, businesses need HR services that can accommodate dispersed workforces.
- Resourcing Edge, a US-based PEO, offers payroll processing, tax administration, HR consulting, and benefits management for businesses of all sizes.
- Its least expensive Payroll package includes basic HR and payroll but no PEO outsourcing, while PEO Basic adds HR consultations, applicant tracking, onboarding, benefits and EOR services.
- Some providers may give you direct access to a dedicated HR team that’s always available to help, while others may only offer general support through a helpdesk.
- Instead, companies must request a customized quote that best suits their requirements.
Justworks gives you just that—plentiful support for payroll, HR, and compliance, plus top-notch benefits partnerships and a team of expert staff members behind the scenes. Like other larger companies on this list, XcelHR doesn’t have straightforward pricing on its site but has users fill out a form to contact sales. However, it doesn’t have payroll minimums, long term contracts, and only requires small business owners to have one employee. ADP has mixed customer service reviews with some saying that the representatives were prompt and empathetic, while others reporting some representatives having poor training. Some negative reviews mentioned that the service wasn’t the best as the representatives had poor product knowledge, despite doing their best.
How Much Do PEO Services Cost?
Their PEO service includes automated global payroll management, simplifying handling multiple currencies and complying with international tax regulations. This focus on global payroll helps your team maintain compliance and reduce administrative burdens. Deel provides PEO services focusing on payroll management, compliance, and employee benefits.
Their focus on personalization ensures that businesses not only meet their current HR needs but are also well-prepared to adapt to future challenges. This consistent recognition from respected organizations shows their dedication to providing superior HR services and support to businesses across the nation. If you need help finding a reliable partner, I recommend reviewing my list of the best PEO services for small businesses to save yourself all the leg work. If you’re specifically looking for help managing Canadian-based staff, you’ve come to the right place. Hop over to my specialty list of the best PEO services in Canada if that’s what you’re actually after. Rippling’s PEO services are backed by their modern software that automates your HR and IT busywork—from automated onboarding to remote IT management.
Payroll services alone don’t necessarily perform PEO services on behalf of a company. They simply handle the pay runs and other payroll-related activities for a business without taking on the co-employer relationship. Since the PEO company you choose becomes your employer, you can access their healthcare and benefits plans rather than finding your own.
The PEO industry was valued at $59.62 billion in 2022 and is expected to reach a valuation of over $152 billion by 2031. With a compounded annual growth rate (CAGR) of 11 percent, the industry is projected to grow quite significantly each year until at least 2031. Since every small business is unique, a PEO should be able to customize its HR features to fit your needs. Some PEOs specialize in certain industries or business sizes, which can be beneficial for companies that don’t want a standard one-size-fits-all PEO approach. After whittling our list down to nine, we chose seven PEO services as our top recommendations. Our experts and analysts studied each solution’s functionality and evaluated the products on more than 125 factors.
If you have a team of employees or independent contractors who work in different parts of the world, Deel greatly simplifies managing your workforce. You can be certain you are following all local employment and best peo for small business wage regulations, because Deel tracks these items for you, keeping you compliant. Rippling offers a mobile app that allows employees to track all aspects of their benefits. They can request time off or make adjustments to their W-2 forms on their own, meaning your HR team will have more time to spend on other items. In addition to taking over many of the HR, compliance, and administration tasks, PEOs are able to negotiate better prices on benefits and cut down on costs. The biggest thing is that the PEO is fully handling HR, so you can focus on the core offerings of your business.
