This well researched article will help you find the best PEO service provider company that is right for you.
Professional Employer Organization or PEO services are referred to as co-employment, business outsourcing, or HR outsourcing. PEOs can efficiently outsource the management of human resources, employee benefits, and compensation of workers.
After joining a PEO, the company becomes the professional employer of your entire workforce, which offers a wide range of services and benefits.
Global PEO Services has been in existence for more than 30 years. The PEO organization helps clients make clear HR outsourcing decisions that result in strong business solutions. Usually, PEOs help recruit employees and make your business much more attractive to potential employees.
Table of Contents:
- PEO Companies Review
- List of Top PEO Companies
- Comparison Between the Best Companies Offering PEO Services
- #1) Paychex (Rochester, NY)
- #2) ADP TotalSource (Roseland, New Jersey)
- #3) TriNet (Dublin, CA)
- #4) Insperity (Kingwood, TX)
- #5) Remunance (Pune, India)
- #6) Bambee (Los Angeles, USA)
- #7) Oyster (Global, US)
- #8) Rippling (San Francisco, CA)
- #9) Gusto (San Francisco, California)
- #10) Deel (San Francisco, California)
- #11) Justworks (New York, US)
- #12) CoAdvantage PEO (Tampa, Florida)
- #13) VensureHR (Chandler, AZ)
- #14) GenesisHR (Burlington, Massachusetts)
- #15) Questco (The Woodlands, Texas)
- #16) Resourcing Edge (Rockwall, TX)
- #17) HROne (Shanghai, China)
- #18) Multiplier (Singapore)
- FAQs
- Conclusion and Our Top PEO Service Recommendations
PEO Companies Review
PEOs share and organize all employee-related responsibilities. The PEO organization takes care of all cost-effective solutions for HR, payroll, insurance, advantages, and risk management. PEO HR services are gateways to scale your company to operate efficiently.
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When you employ PEO payroll services for your business, the PEO becomes a co-employer and takes responsibility for managing the client’s payroll authority.
Market Trends: PEOs are known to offer HR outsourcing as a form of co-employment. PEO services offer individual services to companies of every size. Global PEO services are rapidly growing every year. The PEO market had to adapt to new trends by remaining steady during the pandemic. As per reports, the PEO market was valued at $52.44 billion in the year 2020.
International PEO services are expected to reach $106.21 billion by 2028, with an increase of CAGR of 10.61% during the prediction period (2021-2028). Professional Employer Organizations (PEOs) are divided into two groups: SMEs (Small and Medium Enterprises) and large enterprises.
Expert Advice: PEO is an HR solution for small and medium-sized enterprises that don’t have any HR staff. We must consider several factors and services before selecting a PEO. By hiring a PEO, clients get a payroll account manager and HR generalist.
An HR expert with committed payroll can answer all your queries, which are ideal for startups and guide employment matters like hiring, scaling, and recruiting. Take advice from professionals before choosing the best PEO for your business.
Our TOP Recommendations:
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List of Top PEO Companies
Here are some popular Professional Employer Organization (PEO) companies:
- Paychex
- ADP TotalSource
- TriNet
- Insperity
- Remunance
- Bambee
- OysterHR
- Rippling
- Gusto
- Deel
- Justworks
- CoAdvantage PEO
- VensureHR
- GenesisHR
- Questco
- Resourcing Edge
- HROne
- Multiplier
Comparison Between the Best Companies Offering PEO Services
Below is the comparison table between the best PEO services companies in the US with their location, expertise, and estimated value.
Company | Headquarters | Expertise | Estimated Revenue | Founded in |
---|---|---|---|---|
Paychex | Rochester, NY | Business process outsourcing, human capital management | $4.06B | 1971 |
ADP TotalSource | New Jersey, USA | Human Capital Management, HR BPO, Payroll & Tax Services, Human Resource Management, Taxes and Compliance, Benefits Administration | $500M | 1984 |
TriNet | Dublin, CA | HR for small businesses, Full-services HR solutions, HR for SMB, Real-time HR Technology, workforce transformation, PEO, Risk mitigation | $4.5 billion | 1988 |
Insperity | Kingwood, TX | Human Resources, PEO, Payroll services, health insurance, time and labor management, business services, etc. | $1.72B | 1986 |
Remunance India | Pune, Maharashtra, India | International Professional Employment Organization, Subsidiary Formation, Employee Relationship Management, Payroll Management, Contractor | — | 2019 |
Bambee | Los Angeles, USA | Employee Relationship Management, Payroll Management, Creating Custom HR Policies, HR Auditing | $7.8 MILLION Approx | 2016 |
OysterHR | Charlotte, North Carolina, United States | Payroll services, Hiring & onboarding, Salary Management Services, Compliance, Localized benefits and rewards | $56.3M | 2020 |
Rippling | San Francisco, CA | HR & IT solutions, computers, PEO payroll, applications, etc. | $25-$50M | 2016 |
Gusto | San Francisco, California, USA | Payroll management, employee benefit management, New recruit onboarding. | $290 million | 2011 |
Deel | San Francisco, California | Professional employer, payroll, invoice processing, debit cards, payment processing | $5.5B | 2018 |
Detailed reviews:
#1) Paychex (Rochester, NY)
Best for their services being suitable for enterprises.
Paychex is an American PEO company providing HR, payroll, and outsourcing services to small as well as medium-sized businesses. You can support your business throughout employee existence by using Paychex HR PEO, retaining talent, and offering amazing payroll processing to maintain legislative compliance.
Paychex offers workers payment plans through their insurance agency to help clients follow laws and regulations to reduce the risk in business. They have a team of professional regulatory compliance experts to monitor changes to federal laws and regulations.
Founded in: 1971
Number of Employees: 10000+
Locations: Panorama Trail South, Rochester, NY
Core Services:
- Payroll Tax Services
- Administration
- Human Resources
- Workers’ Compensation
- HR Outsourcing
Features:
- Paychex offers PEO human resources management solutions for payroll, HR outsourcing, and insurance services.
- Paychex is known to empower every business to focus on growth by combining its innovative software and mobility platform with reliable services.
- They have the expertise of highly trained consultants and professionals to meet the requirements of clients as well as employees.
Pros:
- Extensive onboarding and orientation for the hiring and recruiting process.
- Have certified payroll professionals who are dedicated to helping you pay your employees on time.
- Assistance with HR-related challenges and managing accurate HR information.
Cons:
- Lack of customization of reports.
- Long approval process for the timesheet.
Pricing: Contact their sales agent for all costs and pricing details.
#2) ADP TotalSource (Roseland, New Jersey)
Best for their services to startups and enterprises.
ADP TotalSource is a full-service HR organization that provides dedicated support and data-driven strategies with HR expertise.
The excellent HR outsourcing from ADP TotalSource helps both small and medium-sized companies to facilitate payroll, risks, and business HR. They help in saving time by giving the required protection to your business.
ADP TotalSource is known to offer world-class and affordable benefits to clients to accomplish outstanding business goals faster. They provide expert assistance to clients who can guide you through every query.
Founded in: 1984
Number of Employees: 10000+
Locations: Montreal, Mississauga, Carouge, Chertsey, Maharashtra, Hyderabad, Milano, Nanterre, Neu-Isenberg, São Paulo, Roseland, Chandler, Phoenix, Pleasanton, Augusta, Grove Village, Charlotte, Manchester, Parsippany, Parsippany-Troy Hills, New York, Austin
Core Services:
- Human Capital Management
- HR BPO
- Payroll & Tax Services
- Human Resource Management
- Taxes and Compliance
- Benefits Administration
Clients:
- 360 Wraps
- Airteam
- AirIT
Features:
- Design better ways to work through cutting-edge merchandise, premium services, and extraordinary experiences.
- Provide solutions that make your work completely simplified.
- Level up your organization with practical tools and resources that will encourage you to work smarter.
Pricing: Contact their sales agent for all costs and pricing details.
#3) TriNet (Dublin, CA)
Best for their services. They are best for startups and enterprises.
TriNet is a cloud-based PEO for small as well as medium-sized businesses. It is known for administering payroll and health benefits. TriNet offers full-time HR solutions to support employees and focus on your business.
Clients and their employees can view payment information, manage and update the database in one click. TriNet offers expertise in human capital, benefits, risk mitigation, compliance, payroll, etc. The company provides tools such as web-hosted management portals for management and employee self-service.
TriNet faces the ultimate challenge of providing 24/7 HR support and services. They provide valuable guidance on best practices and insights for growing your business. At TriNet, we offer a wide range of plans to benefit the clients.
Founded in: 1988
Number of Employees: 1000-5000
Locations: Dublin, New Jersey, New York, Texas
Core Services:
- Full-service HR solutions
- HR for SMB
- Real-time HR Technology
- Risk Mitigation
- Workforce Transformation
Clients:
- LOUD Capital
- Dagne Dover
- MHS Artists
- Edge Electronics
- Summit Public Schools
Features:
- At TriNet, you get the best HR outsourcing solutions that are right for your business.
- Our team of specialists will guide you to maintain superior business goals.
Pros:
- Expertise in talent management and sensitive issues.
- Provides full-service HR to get time to focus on your business.
- Proactive risk mitigation and headache-free payroll services.
Cons:
- Very time-consuming to enter payroll.
- TSheets take time to upload to TriNet.
Pricing: Contact their sales agent for all costs and pricing details.
#4) Insperity (Kingwood, TX)
Best for their services being appropriate for startups and enterprises.
Insperity is a professional employer organization that provides human resources and administrative services to many small and medium-sized enterprises. The PEO services offered by Insperity help in maximizing the productivity of services as well as minimizing stakes.
They provide scalable infrastructure to control expenses and eliminate inefficiencies in sustaining profitability. It is an efficient comprehensive HR outsourcing service.
Insperity offers premium and cost-effective solutions to clients to maintain a long-term relationship with them. Insperity is an HR infrastructure that adapts to your business requirements and helps in executing tasks faster.
Founded in: 1986
Number of Employees: 1000-5000
Locations: Kingwood
Core Services:
- Human Resources
- Professional Employer Organization
- Payroll services
- Disability insurance
- Business services
Clients:
- CyberDyme
- The Instore Group
- Imagine Technology Group
- Symtec
- The Book Report Network
Features:
- Insperity provides customizable HR services, payroll processing, tax compliance, etc.
- They handle administrative tasks very efficiently and reduce risks.
- It is a full-stack two-year HR outsourcing service that offers budgetary certainty.
Pros:
- Faster business transitions with evolving business.
- Stellar HR technology for optimization of HR departments.
- Comprehensive compliance support and personalized customer care.
Cons:
- Steep the learning curve in the beginning.
- Doesn’t offer much flexibility to work from home.
Pricing: Contact their sales agent for all costs and pricing details.
#5) Remunance (Pune, India)
Remunance promotes the seamless and economical expansion of foreign businesses into India. As an International Professional Employment Organization, Remunance has the experience, knowledge, and network to handle all your HR needs—from Recruitment, and contractor management to regulatory compliances and infrastructure support—leaving you free to concentrate on your core company tasks.
Remunance supports team building and expansion into India, we can offer you the behind-the-scenes support and counsel you need to ensure a smooth and successful transition.
Founded in: 2019
No. of Employees: more than 500
Location: Pune, India
Core Services:
- International Professional Employment Organization
- Subsidiary Formation
- Employee Onboarding and off-boarding
- Payroll Management
- Creating Custom HR Policies
Clients:
- Formalities
- Snappy Data
- Excelize
Features:
- Guided Payroll Management
- Assigning a dedicated HR expert
- Recruitment Services
- IT Support
Pros:
- Prompt Response and Delivery
- 360° Support Services
- Global clientele
- Tech-enabled solutions
Cons:
- Not suitable for large enterprises.
Price: Personalized pricing to fit customization
#6) Bambee (Los Angeles, USA)
Best for Small and Mid-Sized Businesses
Bambee is an HR solutions provider that allows your small business to remain HR compliant by streamlining various aspects associated with the department. Bambee assigns your company a dedicated HR expert that performs audits regularly to identify gaps and take actions to address them.
Bambee also helps you create custom HR policies while making sure your current policies are up-to-date. It is phenomenal with regard to employee relationship management. Bambee facilitates mandatory training practices and ensures employee onboarding and termination are done in a way that is compliant with labor laws.
Founded in: 2016
No. of Employees: 51-200
Location: Los Angeles, USA
Core Services:
- Employee Relationship Management
- Payroll Management
- Creating Custom HR Policies
- HR Auditing
- Staff Performance Tracking
Clients:
- Hank’s Bagels
- Knife Aid
- Stojo Projects
Features:
- Guided Payroll Management
- Assigning dedicated HR expert
- HR Practice Automation
Pros:
- Helping businesses set and comply with HR policies
- Automatic tax filing
- Training and coaching employees
- Establishing a two-way feedback system
Cons:
- Not suitable for large enterprises.
Price: Starts at $99/month. Pay more based on the number of employees.
#7) Oyster (Global, US)
Best for the company’s services that are suitable for small businesses, startups, and enterprises.
Oyster is an efficient PEO services provider that helps clients expand their teams worldwide. Oyster offers a world-class leadership team to run HR solutions smoothly.
They deliver a set of tools to help HR and People Ops leaders hire and manage their teams. The Oyster team is based in around 60+ countries which are increasing every day.
Oyster allows clients to explore global remote advantages. They help budding companies to hire, pay, and take care of employees. Oyster is a platform that provides various global employment opportunities.
Founded in: 2020
Number of Employees: 500-1000
Locations: United States
Core Services:
- Payroll services
- Hiring & onboarding
- Salary Management Services
- Compliance
- Localized benefits and rewards
Clients:
- Bob
- Nomads
- Quora
- WeWork
- HiPeople
Features:
- Oyster allows you to manage global employment to meet employee requirements.
- They offer health benefits, company equity, relocation assistance, expense reimbursement, etc.
- They help you hire the ultimate A+ team seamlessly within a few days.
Pricing: You can get free packages for $399 per employee per month.
#8) Rippling (San Francisco, CA)
Best for Rippling’s services, apt for startups and enterprises.
Rippling is a human resource management company that provides an all-one platform for managing HR and IT operations efficiently.
At Rippling, clients get access to all facilities, from onboarding to offboarding in one place. They keep your employee data in a unified format which prevents the hassle of using multiple data systems.
Rippling Workflow Automator is known to automate all processes in multiple systems at a time.
You can unify and level up your HR, IT, and third-party data into a single analytics system. Rippling lets clients centralize and facilitate their company’s policies. They control your company’s permission and approval procedures according to certain specifications.
Founded in: 2016
Number of Employees: 1000-5000
Locations: Beijing, San Francisco, New York, Bellevue, Bengaluru
Core Services:
- Payroll services
- HR outsourcing
- IT solutions
- Devices & apps
Clients:
- Double Good
- Chess.com
- Highnoon
- Beam
- Superhuman
Features:
- Businesses can automate all the manual work for easing tasks.
- Rippling provides powerful and advanced HR solutions, along with more flexibility for customization.
- Its mission is to get rid of mundane administrative work with the latest HR software.
Pros:
- Get access to all services to run your workforce.
- Automation of manual tasks and approval of processes.
- Helps you make better and more reliable decisions faster with unified analytics.
- Provide a unified document management system to store your HR docs.
Cons:
- Don’t provide insights into the next paycheck.
- It becomes hard to track the total paid hours.
Pricing: Pricing starts from $8 per month.
#9) Gusto (San Francisco, California)
Best for Small to Large Enterprises.
With Gusto, you get a PEO service that excels at payroll, hiring automation and employee benefits management. The platform can take care of your hiring needs, right from posting job ads to eventually onboarding your new recruits. You get direct access to certified HR professionals who give immediate answers to the queries bothering you.
Gusto is also quite phenomenal at managing the payroll of your workforce. It is one of those tools that automatically file payroll taxes on your enterprise’s behalf. There is no restriction on how many times you run payroll with Gusto by your side. Moreover, you can simply let your payroll run on auto-pilot by allowing Gusto to automatically sync your team’s hours.
Founded in: 2011
No. of Employees: 1001-5000
Locations: San Francisco, California, USA
Core Services:
- Payroll Management
- Hiring and Onboarding
- HR Consulting
- Time-tracking
- Employee Benefit Management
Clients:
- Avant Barre
- American Canning
- Finder
- Heckler
Features:
- Helps companies offer suitable benefits like health insurance policies to employees.
- Dedicated HR experts for immediate guidance.
- Help with job posts and create personalized offer letters.
Pros:
- Very simple to set-up
- Run unlimited payrolls
- Customize onboarding checklist for new hires
- Simplified time-tracking to keep tab of employee time-offs, etc.
Cons:
- Only basic support for its most affordable plan.
Price: Simple Plan: $6/month per person, Plus Plan: $12/month per person, Custom premium plan also available. Contractor Only plan: $6/month per person.
#10) Deel (San Francisco, California)
Best for small business owners, startups, and enterprises.
Deel is a private market leader in payroll and compliance in San Francisco, California. The company offers hiring and payment services to other companies for hiring worldwide workers and contractors. The PEO company has made it possible for companies to employ a workforce from anywhere across the globe.
All teams around the world trust Deel. It has helped thousands of companies build locally compliant contracts for paying teams in their currency or the payment method. They have Deel Premium services for protecting companies against risks, bringing Global Payroll to all businesses in the world, and releasing open APIs for hiring employees easily.
Founded in: 2018
Number of Employees: 501-1000
Locations: London, Tel Aviv, San Francisco, Lafayette St. New York.
Core Services:
- Payment Services
- Independent Contractors
- Remote Hiring
- Remote Work
- Financial Services
- EOR
- Payroll
Clients:
- Dropbox
- Shopify
- Airtable
- Notion
- Mercury
Features:
- Deel has made it possible to hire full-time employees very fast in over 150+ countries.
- You can stay ahead in the competition of HR outsourcing by taking help from professionals.
- In 150-plus countries, this PEO company’s services successfully helped firms develop regionally acceptable contracts, pay their worldwide staff in their choice currencies and form of payment
Pros:
- You can fund the PEO payroll with one click.
- Generate automatic digital invoices after each payment.
- Always maintain 24/7 support and customer care services.
- The intellectual property of the team remains completely safe and secure.
Cons:
- Making compensation changes is a bit difficult for existing teams.
- Sometimes the support is not working properly.
Pricing: The pricing ranges from $49 to $99 per month.
#11) Justworks (New York, US)
Best for their services. They are apt for startups and enterprises.
Justworks is a cloud-based platform that allows employers to automate payroll, HR tools, and compliance. They ensure that the client’s team feels secure and valued. They offer high-quality services for the benefit of employees.
Justworks manages your entire team from one place to provide seamless online onboarding. They support and maintain employer-related compliance requirements.
Founded in: 2012
Number of Employees: 500-1000
Locations: New York
Core Services:
- Compliance
- PEO Payroll
- User Experience
- Saas & HR Software
- Health Insurance
Clients:
- CASE
- CreativeMornings
- Little Cinema
- GivingData
- DeanTechnology
Features:
- Justworks helps in hiring and onboarding remote teams.
- Provide high-quality health insurance and take better care of employees.
- Clients can manage their time through tracking.
Pricing: The pricing starts from $44 to $89 per month.
#12) CoAdvantage PEO (Tampa, Florida)
Best for their services that are best for any kind of enterprise.
CoAdvantage PEO specializes in handling excellent human resource solutions. They have expertise in working as an outsourcing partner. This PEO company administers payroll, workers’ compensation, and many core HR functions.
By partnering with CoAdvantage, clients can get the required HR support. They support you in critical HR areas to support your business.
CoAdvantage PEO has helped clients worldwide to focus on the growth of companies by providing good services to their customers.
Founded in: 1997
Number of Employees: 200-500
Locations: Tampa, Alabama, Arizona, Irvine, Pasadena, San Diego, Colorado, Bradenton, Jacksonville, Miami, Miramar, Ocala, Orlando, Pensacola, Palm Beach Gardens, Atlanta, Savannah, New Jersey, New York, East Garden City, North Carolina, Austin, Bedford, Houston.
Core Services:
- Professional Employer Organization
- Payroll services
- Workers’ compensation
- Human Resources
- Administration
Features:
- CoAdvantage PEO is ranked as the fastest-growing PEO company due to its dedication to improving the quality of services.
- They are an absolute expert in handling all kinds of HR problems.
- Their expertise lies in payroll, workers’ benefits, compensation, and many more HR activities.
Pricing: Contact their sales agent for all costs and pricing details.
#13) VensureHR (Chandler, AZ)
Best for VensureHR’s services, apt for small businesses, startups, and enterprises.
VensureHR is one of the fastest-growing professional employer organizations (PEOs) that offers end-to-end great HR solutions. They have expertise in outsourcing payroll administration, benefits, risk management, human resources, etc. They help businesses irrespective of size and anywhere in the country.
VensureHR is an experienced PEO company that provides vast access to tools and resources for easy management.
Founded in: 2004
Number of Employees: 1000-5000
Locations: Arizona, Florida, Georgia, Hawaii
Core Services:
- Payroll & Benefits Administration
- Workers’ compensation
- Human Resources
- Proactive Risk Solutions
Features:
- VensureHR is committed to providing employee benefits by offering excellent HR outsourcing solutions to clients.
- They offer flexible business solutions like Risk Management, Benefits, Payroll administration, etc., and are accessible from any part of the globe.
- They provide you with unrestricted access to products and services that can help you reduce or eliminate your everyday managerial and administrative responsibilities.
Pricing: Contact their sales agent for all costs and pricing details.
#14) GenesisHR (Burlington, Massachusetts)
GenesisHR is a personalized PEO having 30+ years of experience in helping clients to manage their business efficiently.
They have been helping business owners to become better employers for navigating employment opportunities for people. They provide cost-effective solutions to both clients and their team members.
They have comprehensive HR tools and a dedicated HR support team. They also offer full-service payroll and proactive compliance.
Founded in: 1991
Number of Employees: 11-50
Locations: Burlington, Massachusetts
Core Services:
- HR Services
- Benefits & Administration
- Full-service payroll
- Compliance
Features:
- GenesisHR is a PEO company that offers outstanding HR outsourcing services to its customers.
- Their HR solutions ensure effortless onboarding of employees, supporting your office culture and growth.
- One can get access to their resources no matter what country they are from.
Pricing: The pricing starts from $80 per month for the Starter Pack to $100 per month for the Essentials Pack and $125 per month for SuperCharged Pack.
#15) Questco (The Woodlands, Texas)
Questco provides a full spectrum of HR services that add significant value to clients’ businesses. They help improve the extent of their business fortune through HR solutions. Questco is known to provide immediate precision, efficiency, and productivity. HR technology helps to gain important information about the client’s workforce.
By working with Questco, the team will help clients to expand their capabilities, create productivity and lower costs.
Founded in: 1989
Number of Employees: 50-200
Locations: Woodlands, Texas
Core Services:
- HR consultation
- Employee Benefits & Workers’ Compensation
- Payroll processing
- Compliance & Recruitment
Features:
- Questco is determined to bring about changes in modern HR outsourcing solutions that are vital for a company’s growth.
- They collaborate with you to develop a tailored Service Plan to guarantee that they deliver our solutions in a manner that is compatible with your company objectives.
- Their efficient team of highly trained HR Specialists joins your crew and can help you with your difficulties, procedures, and practices.
Pricing: Contact their sales agent for all costs and pricing details.
#16) Resourcing Edge (Rockwall, TX)
Resourcing Edge is an industry leader in managing HR outsourcing solutions. They have decades of experience in organizing employee administration. They provide payroll and tax administration solutions irrespective of the size of your business.
They help in processing employee enrollment and termination. Resourcing Edge helps to identify issues and minimize the risks.
Founded in: 2003
Number of Employees: 50-200
Locations: Dallas, Georgia, Missouri, Ohio, Houston, Beaumont
Core Services:
- Human Resource Solutions
- Employee Training & Orientation
- Risk Management
- Tax Administration
- Payroll Solutions
Features:
- Resourcing Edge provides robust and reliable software technology that is budget-friendly as well as time-saving.
- Resourcing Edge takes care of Payroll management and HR administration, allowing your firm to focus on growing its operations.
- One of the most truth-worthy companies due to their transparency of work.
Pricing: Contact their sales agent for all costs and pricing details.
#17) HROne (Shanghai, China)
HROne is a fully licensed foreign enterprise services company (FESCo) that offers quality and accurate payroll processing. They have a team of HR professionals, developers, legal consultants, and experts who process and manage data security.
Clients can outsource their business-related payroll and compliance benefit tasks to HROne. They can help in deploying HR experts who can coordinate with your HR demands.
Founded in: 2005
Number of Employees: 50-200
Locations: Shanghai, California, Hong Kong
Core Services:
- PEO Employment
- Social Security & Social Insurance
- FESCO
- Employee Leasing
- Payroll & Statutory Benefits
- EOR
Features:
- HROne allows clients to recruit the best talents in their companies.
- They offer bilingual HR legal consultants who can assist clients in translating a foreign language.
- HROne is one of China’s few privately held, fully licensed Foreign Enterprise Service Companies (FESCo).
Pricing: Contact their sales agent for all costs and pricing details.
#18) Multiplier (Singapore)
Multiplier is a leading global employment platform that enables businesses to legally employ talent anywhere in the world, legally build international teams, pay employees abroad hassle-free, and manage employees across 150+ countries without the need for a legal entity.
Having both Employer of Record (EOR) and Professional Employer Organization (PEO) capabilities, Multiplier is a top SaaS-based platform. As a PEO, Multiplier works with businesses to handle full-time employees, independent contractors, and freelancers in partnership with businesses where they have their entities.
Their platform can manage several critical HR duties, including timesheets, expense filing, and reimbursement, reports, leave requests, payroll, and benefits. As an employer, you handle hiring your talent and focusing on expanding your business; we help you keep the payroll, benefits, and other costs of your international workforce compliant.
Founded in: 2020
No. of employees: 336 (growing every week)
Headquarters: Singapore
Core Services: EOR, PEO, Multi-Country Payroll
Clients: DarwinBox, Amazon, Fusion Worldwide, Grant Thornton, Pebble
Features:
- Onboarding employees from anywhere in the world can be reduced to minutes and save companies time and money.
- Fastest contract generation in the market.
- Multiplier can offer regionally comparable benefits and insurance so that global talent may be onboarded in minutes rather than days.
Pros:
- Most affordable solution in the market and the only offering localized products, pricing, and support.
- They offer a complete HRMS solution; all other tech competitors have a limited solution.
- They offer dedicated CSM and 24/7 support.
Cons:
- We have our own entities in more than 80 countries. However, in certain countries, we have curated partners that we work with, especially for payroll.
Pricing:
- Onboard full-time employees in countries where you don’t have entities starting from $300/month
- Onboard freelancers around the world starting from $40/month
- Run global payroll starting from $20/month
- Provide homogenous employee insurance starting from $20/month
FAQs
Should I use a PEO for my business?
A PEO company stores HR tasks in a single location with an efficient team for management. The vital aspect of using a PEO is the increase in the quality of services and benefits to help you guide your employees.
What does PEO stand for?
PEO stands for Professional Employer Organization, which reaches into a joint employment union with an employer by renting workers to the employer. PEOs manage various employee-related responsibilities. Some HR functions can be outsourced using PEOs.
What are PEO services?
Professional employer organization services use a co-employment strategy to maintain and handle specific services while under a client’s management. Many businesses prefer to outsource services to check if they are done correctly by professional experts.
PEOs help to save the cost of extra employees and provide the team with expert training for the growth of the company.
Who owns the employees in a PEO?
Companies that enter into a PEO relationship maintain complete ownership and control of their business. PEO mainly focuses on employment-related fields like HR outsourcing, taxes related to employment, PEO payroll, and many more services. The PEO client organizes all the legal operations of the business.
How many employees does a company require to join a PEO?
A PEO partners with businesses that have 5 to 500 employees. Small companies with two employees have also gained recognition by HR outsourcing global PEO services. Every business must have an HR department to comply with the union and federal laws.
Conclusion and Our Top PEO Service Recommendations
We discussed the best PEO companies in the following article. We did a detailed analysis of their core services, features, pros, cons, etc. in this sector.
It will help you in choosing the best PEO company services according to your requirement. You can compare and differentiate each PEO company’s features to understand which company offers the best PEO solutions.
This article will help in easing your efforts to find a reliable and efficient PEO company for elevating your business.
PEOs handle HR services for employers and reduce liability for the payment of wages. The demand for PEO services is increasing rapidly day by day. International PEO services help clients save time by focusing on other operations and the growth of their business.
Our Review Process:
- Total time taken to research the article: 20-24 hours
- Total PEO companies researched online: 25
- Total PEO services shortlisted for review: 14