Whether you’re a small business owner or manager, the best PEO companies can help your company meet its goals. With so many factors to consider when picking one of these service providers like cost and ease of use for payroll compliance among other things, this guide reviews 5+ Best PEO Companies of 2022 organizations who offer great services at competitive rates with quick responses if needed.
You might be a business owner, manager, or HR professional who is interested in what an employer organization can offer your company and its employees. Or you could just want to switch from the PEO company that’s not working out so well for you to others. keep reading to see more.
Find and Compare The Best PEO Company
There are 957 PEO Companies in the USA. What would you choose?
What is a PEO?
One of the best ways to maintain your independence and make sure that you’re not left vulnerable is by using a PEO. A professional employer organization or PEO for short will handle all payroll processing as well as other common tasks like human resources in order to help their customers be more hands-on than ever before. Their popularity is undeniable, as they serve hundreds of millions of employees and thousands of businesses.
The service solutions offered by PEO can help you better manage your employee benefits, including health care. They offer effective processing of payroll and workers’ comp insurance, PTO, as well as customer support for all these services, etc…
What to Look for from a PEO
There are plenty of different options out there for companies looking to take their benefits in-house, but with so many details it can be hard to make the right decision. We recommend focusing on these key items.
Price
The price of a PEO company can vary depending on the size and needs. However, some might be cheaper than others for small businesses.
The cost of PEOs can vary depending on the type, however, they all have one thing in common, it’s based on your payroll. You’ll want to get quotes from each company so you know which would work best for both short-term and long-term needs.
Benefits and Offerings
With PEO, you can take advantage of all the payroll services and basic benefits that are included in a package, but what about other services? That’s where things can get tricky. Make sure you’re choosing wisely so your staff will be happy enough with their paychecks and employee benefits while working under this arrangement.
Service Quality
PEO service providers are promising the world their best services, but can they deliver?
Can they provide you with human resource administrative services without delay or problems?
There are many reviews and reports from other clients that can give you information about a company. You should also look for ESAC accreditation, which can be the best signal about quality.
Minimums and Requirements
If you’re a small business owner, it’s possible that your company isn’t large enough to meet the requirements for using PEOs. For example, some providers have five or ten employee minimums and prices will be affected which may make them prohibitively expensive depending on how many people are working in total at any given time
The possibility that a PEO company may not have enough experience working with businesses like yours is something to consider before committing. While they want the opportunity of new business, it’s possible you could get better service from someone else who can offer more personalized care and attention for your specific needs as an organization.
Customer Service
The more complicated PEO arrangements become, the greater risk of problems and issues arising. For this reason, it is important for providers to have good customer service as well as HR consulting or employee self-service available on-site in order to avoid headaches down the line when things go wrong with their plan.
Online Tools and Portals
Make sure to take a look at the online tools and portals your top PEO solutions use, because if they have an interface that you like then it might be something worth considering. You should also check out all of those features which are usually hidden from view. Also read: Zoom vs GoToMeeting vs Webex vs WebinarJam
Table of Contents
What Are the Best PEO Companies?
Below is the vetted list of the best PEO companies you should see.
1. ADP PEO.
ADP PEO provides the advantages of a large company with personalized service that small businesses can match. HR consultants and customer service should be the top priority for any business. If you want the best advice, contact ADP to find out how they can help your company.
ADP’s diverse offering of services and benefits means that it can offer a wide range to many different company departments, including attracting and keeping top talent.
Compliance regulations are constantly changing and if your business needs to stay on top of them, ADP is a great choice.
The ADP team is always looking for ways to improve your HR experience with data-driven insights and innovative technologies.
The HR specialists will be able to focus all of their time and energy on helping you with strategy, while also taking care of running day-to-day operations. thanks to ADP service. The best choice for your business is ADP. With nationwide capability and several years of experience, they can handle any size transaction with ease.
Key Features:
- Give your employees the answers they need, when and where you can.
- They offer world-class benefits that will attract and retain top talent.
- No matter how big your business is, help from a real person can be an absolute life-saver.
- Utilize data to make the most of your workforce with these strategies.
- HR expertise is an invaluable tool to help you navigate the ever-changing world of human resources.
User Experience:
The ADP PEO app offers a great user experience for employees who need to access their information on the go. With both iOS and Android optimized apps, you can use this tool no matter what type of device or operating system preference you prefer.
The design of the site makes it easy for visitors to find what they are looking for, with all important information clearly interfaced and visible from any screen.
When you log into your account, you can see all your personal information. You can look at all of the benefits available to employees and even request time off if needed.
What I Like/Dislike About ADP PEO:
Like:
- With a wide range of features, employees are able to find the answers they need when needed.
- You can count on their dedicated support specialists for any questions or concerns you may have. They are there to help no matter what.
Dislike:
- There are many different tools and programs out there that can be difficult to understand for those who have never used them before.
- The time tracking and employee scheduling features can be added on top of your current plan for an additional fee.
2. Amplify PEO.
If you’re looking for a PEO that will work with your business, then Amplify should be at the top of your list. With their full service and commitment to all industries no matter what size or industry type, they have proven themselves as an excellent choice time after again.
You can trust that your employees will enjoy dental, medical, and vision benefits. In addition to this, you have a variety of retirement options for them which are all highly competitive in nature, meaning only the best companies come out on top.
You can focus on other matters while they take care of your safety and risk management needs. They even have a team dedicated to providing workers’ compensation support, so you don’t need to worry about anything.
Their excellent attention to customer service makes them the cream of the crop for a larger company. They take your individual needs into account so you can be confident in their ability as providers, knowing that each task will have special consideration given toward it just because they want what’s best.
Amplify’s customer service is among the best in this industry. When you’re having trouble with your account, it will be a human being that helps fix the problem and not just an automated system or voice response box.
In the event that you need help with your payroll or HR needs, there are plenty of services available to accommodate. you’ve found no major issues in this area so far.
Amplify PEO is a great company to work with, but they don’t always offer the specialized features that other providers do. If you know your industry needs more niche services then this can be an issue for some people and might cause them to pause before signing up with Amplify PEO to consider.
Key Features:
- Your Employers can use it to schedule pay, hire and fire workers, generate reports, and much more.
- Employees have access to their pay stubs, enroll in benefits and request PTO.
- HR platforms that are available 24 hours a day, 7 days a week allow you to collaborate and communicate from anywhere with cloud-based solutions.
User Experience:
Empower your employees to choose the benefits they want and enroll in them with a few clicks.
The system also allows you to generate reports so that the most popular benefits can easily be changed.
With all of the features, you can relax knowing your company is in compliance with any rules.
What I Like/Dislike About Amplify PEO:
Like:
- Cost-effective PEO services so you can focus on your business
- Full-service PEO options allow you to apply for your HR solution
- You can now access your information anywhere, anytime with a cloud-based HR portal.
Dislike:
When you first visit the website, it’s difficult to find pricing and plan options.
3. CoAdvantage PEO.
CoAdvantage is a rapidly growing and based in Florida company that operates under the larger Morgan Stanley structure.
If you’re looking for a team that will take care of all your needs, then look no further. They’ve got decades’ worth of experience helping businesses just like yours to get on top again and ensure the employees are taken good care of too. it’s what they do best.
With 50 states covered, you can rest assured that your staffing needs will be met no matter where your company is.
There are plenty of benefits to using CoAdvantage’s team-building tools and services, which can help you identify top performers in your business. In addition, their information on what makes for great employees will give insight into who would be excellent candidates if hiring new people.
The time saved on the hiring process is a great Deal and as might be expected, onboarding for new employees or managers alike has been made simple. But It’s important to know that their standard services such as payroll management and benefits administration are not lacking.
The CoAdvantage program is an innovative approach to team building that will work for you. While it might not have the top marks in other specialized areas outside of teamwork, your priorities may line up with their strengths and make this a great fit.
Key Features:
- HR Technology provides an easy-to-use, cloud-based human resource management system that automates and simplifies your HR processes.
- They help you keep your business running smoothly by providing the compliance tools and resources that are right for it.
- Payroll is an important part of any business, ensuring accurate and timely payments to employees.
User Experience:
The HR data you need is just a few clicks away with CoAdvantage PEO. Get detailed reports and insights into your human resources information anytime.
The software is a comprehensive, cloud-based HR management system that automates and simplifies human resources processes.
With their payroll services, CoAdvantage PEO ensures that employees receive all of the correct payments for their work.
What I Like/Dislike About CoAdvantage PEO:
Like:
- The different views on a website can either be detailed or summarized to give you detailed information.
- The user-friendly design of the website made it easy for you to find what you are looking for without having too many tabs open at once.
Dislike:
Sometimes you need to reach out and talk with their support team as they may not always be able or clear on how to do something.
4.VensureHR.
VensureHR is a great choice for those with a small business as they specialize in them and seem to be just as good at providing service, if not better than other HR companies. They’re perfect for companies with just a few employees because they can help you avoid all those pesky restrictions and expenses that come along with larger groups.
they provide a wide range of services to ensure your protection and financial success. They offer healthcare, disability insurance plans as well as life coverage for your company, they also provide standard retirement options via a partnership with Slavic 401k.
By adjusting the parameters of your benefits packages, you can ensure that they are not more than what is necessary for a successful business.
Customer service does not achieve the high Amplify PEO standard, but you can rest assured that Vensure HR will do a good job for your company.
VensureHR’s pay-as-you-go workers’ compensation plans and options for different services can be customized to meet the specific needs of your business. You might find that they are more affordable than other companies on this list, with rates tailored specifically toward what is needed in yours.
While VensureHR is best for smaller businesses, it might not be the right fit if you are a larger company looking to use HR software or outsource your human resources needs.
Key Features:
- VensureHR is the only software that can help your organization manage employee data, performance reviews, and benefits. Not just payroll. VensureHR’s software can help you manage your payroll, time, and attendance tracking as well as recruitments. They offer a mobile app for iOS & Android devices which makes it easy to view information on the go.
- Risk management is a key component of business operations. It helps organizations identify and manage risks associated with their work, from initial assessments all the way through mitigation plans that are put into action when needed. It helps to track progress also.
- The employee benefits module provides a robust set of tools to help organizations manage their employees’ benefit programs. Tools include enrolling new hires, tracking eligibility, and managing claims.
User Experience:
VensureHR has applications that work on all types of devices, making it easy for employees and managers alike.
The user interface is intuitive and easy to use, with a clean design that makes navigating the various modules straightforward.
VensureHR’s mobile or tablet app is a great way to stay up-to-date with your job anywhere. With this app, you can view all of your employee data on the go. You’ll get performance reviews and benefits information as well.
What I Like/Dislike About VensureHR:
Like:
With everything that is needed in one place, companies no longer need to cobble together multiple products.
Dislike:
There is no specific high-end, exotic option since there’s a more general approach.
5.Resourcing Edge.
With over 44 states under its belt and plenty more in development, Resourcing Edge is a PEO service that will be perfect for small business owners looking to take advantage of training options while also providing employees with top-notch guidance. This company has provided their service since 2003.
The company provides a wide range of services that are usually expected, including payroll and human resources management as well as reasonable employee benefits packages to ensure satisfied employees. The company offers excellent training options and safety programs to ensure your company runs well.
Resourcing Edge is the choice if you consider employee training and development and getting help staying on top of safety and risk management most important.
The company offers a wide and excellent range of employee benefits to go with their training options. With so many partners, it’s no wonder that Resourcing Edge is able to make such an impact in your employees’ lives.
Know that pricing plans vary significantly among businesses, so it is best to ask for a quote as soon as possible if you’re interested in their services.
They have about 100-150 employees, which makes them smaller than many other providers. However, this shouldn’t pose any difficulties for your business since they are still large enough that you can depend on their service if you own a small company.
Key Features:
· you can choose between live checks and paycards depending on your need
· you can manage your data and detailed reporting Online in real-time with greater control and visibility.
· Stay up-to-date with garnishment and deduction administration to stay compliant
· General ledger uploads for seamless accounting integration
· With re360, managers and employees can stay connected to the latest information by accessing it online from anywhere at any time.
User Experience:
· With their web-based PEO services, you can access your account from anywhere at any time.
· Their team is always ready and able to provide the help that you need.
· The easy-to-use, affordable and reliable solution is a great fit for businesses of all sizes across many industries.
What I Like/Dislike About Resourcing Edge:
Like:
· With excellent and personalized customer service, you can get the most out of your account.
· With a wide variety of partners, you’re sure to find the best fit for your business.
Dislike:
The problem with having no specialization in certain areas is that you might not have everything.
6.Insperity.
Insperity is a great company to work with and their Employee Referral Program keeps your employees happy. With more than 30 years of experience and serving millions of employees in over 100,000 businesses, it is one of the largest PEOs you can find. This company’s ability to work with even large companies like yours makes them an excellent choice for your needs.
Insperity PEOs are committed to providing the most value for your company without compromising on quality. They can help you find what’s best suited regardless of how complex or simple it might be, and there won’t be any wasted time with Insperity because they want all their clients’ needs met as quickly as possible.
Insperity offers a wide range of services that can help your business grow. We recommend getting a quote from them alongside any other providers and making direct comparisons based on what you need for success.
The cost of a PEO is based on the number of employees in your company, making it more affordable for smaller businesses. You can cancel anytime with only 30 days’ notice and if you just want to try them out before committing then this might be perfect.
If you’re looking for a PEO company that’s reliable, adaptive, and able to scale with your business needs then Insperity should be at the top of every entrepreneur’s list.
Conclusion:
The best PEO companies of 2022 are those that can provide your business with the most comprehensive and cost-effective employee benefits package. We hope you found this list helpful in your search for the right provider for your organization. If you have any questions, please don’t hesitate to reach out to us.
PEO Companies FAQ - 5+ Best PEO Companies of 2022
If you still have questions about how to best set up your arrangement with a PEO, whether everything works as expected or if there’s something better out on the market – please read below.
Is a Commitment Required?
Generally speaking, PEOs are a great way to access many different types of benefits. The specific details will vary based on which company you choose and what plans they offer as well.
Some companies will offer year-long contracts, while others have longer terms. You’ll want to ask questions and read the fine print before signing any agreement that could affect your company for years.
The important point to consider when looking at providers. You may want or need the flexibility of being able to cancel anytime without penalty, so make sure your chosen company gives you that option.
Will Day to Day Operations Change for My Business?
The company’s payroll processing will likely be handled by the PEO, but your personal finances and business decisions remain under you. your organization’s partners don’t come in and make changes unless you ask them or what is currently going on breaks any regulations they might be responsible for.
During the onboarding stages or before you agree to anything, make sure that your PEO has gone over every detail with you.
It’s not uncommon for an organization to experience some changes during the onboarding process. This will likely require employees to get used to new procedures, but it won’t affect their average working day in any significant way.
What Can a PEO Offer in Terms of Benefits?
A PEO, or Professional Employer Organization, can offer a wide range of benefits to businesses of all sizes. Some of the most common benefits include health insurance, dental insurance, vision insurance, workers’ compensation insurance, and payroll processing.
A PEO can also help businesses save money on taxes. By pooling resources and sharing risk amongst a group of businesses, a PEO can negotiate better rates with insurers and provide tax-saving strategies that wouldn’t be possible for smaller businesses on their own.
How Will I Interact with the PEO?
When you work with a PEO, you’ll generally have a designated account manager who will serve as your main contact. This person will be responsible for answering any questions or concerns you may have, and for ensuring that your experience with the PEO is a positive one. You should always feel free to reach out to your account manager with any questions or feedback you may have.
How Do You Get the Most from Your PEO?
A Professional Employer Organization (PEO) can be an extremely valuable resource for small businesses and start-ups. By contracting with a PEO, you can get all of the benefits of having a full-time HR department without having to hire additional staff.
A PEO will help you to:
-Create and enforce effective workplace policies
-Recruit and screen qualified employees
-Manage employee benefits and payroll
-Handle workers’ compensation claims
-Provide training and professional development opportunities for your employees.
If you’re looking to get the most out of your PEO, be sure to partner with a company that offers comprehensive services and has a proven track record of success.
What are top PEOs?
There are many great professional employer organizations (PEOs) out there, but it can be tough to choose the right one for your business. Here are some considerations to keep in mind when selecting a PEO:
- Make sure the PEO is licensed and insured.
- Choose a PEO that offers a broad range of services.
- Consider whether the PEO has experience in your industry or sector.
- Compare pricing between different PEOs.
- Get references from businesses that have used the PEO in question.
- Ask about the PEO’s customer service and support infrastructure.
7 . Make sure the PEO is properly accredited by government agencies or other
How do I choose the right PEO?
The process of choosing a PEO can be overwhelming, but it is important to vet potential providers carefully in order to ensure you are partnering with a company that meets your specific needs. Here are some tips to help you choose the right PEO:
- Do your research. It is important to read reviews and compare pricing before selecting a PEO.
- Ask around. Talk to friends, family, and colleagues who have used PEOs in the past for their recommendations.
- Consider your needs. What services do you need from a PEO? Make sure the company you choose offers all the services you need.
- Check licensing and insurance status. Verify that the PEO is licensed
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