Many PEOs offer workers’ compensation and Employment Practices Liability Insurance (EPLI), which protects against employment lawsuits. A PEO can provide small-to-medium-sized businesses with greater legal and financial protections than they can afford on their own. As such, you’ll need to reach out to ADP to provide information on your business’s size and needs. This is fairly standard for HRO providers, but it can be a bit of a pain when you are trying to shop around for HRO services.
Competitive benefits packages
- This certification ensures financial protections and tax benefits to TotalSource clients that users of non-certified PEOs do not necessarily receive.
- Both companies share certain employment responsibilities and the PEO becomes the employer of record for the client organization’s employees.
- This flexibility has become critical as more companies employ a distributed workforce.
- It can cover part-time employees and provides access to a health advocacy service.
If clients ever have questions about payroll or taxes, they can reach out to their dedicated payroll and tax support specialists for guidance. It also offers workers’ compensation insurance, an employee assistance program, and a compliance and learning curriculum. HRO can include a wide range of services, from payroll and benefits administration to recruiting and training. HRO providers rarely assume co-employment responsibilities and do not become the employer of record for tax and compliance purposes. You can reach the support staff by telephone, live chat, Slack and email. The company’s help center offers self-support tools for employers, employees and payroll customers.
HR management is facilitated by having a single point of contact for all HR-related compliance questions. Resourcing Edge’s PEO services feature a dedicated HR expert who is your business’s single point of contact for all HR-related matters, including payroll, risk management and benefits administration. The company’s re360 portals for managers and employees centralize all interactions with its services, including custom and standardized reports, compliance and employee information updates. The U.S. PEO service available from Deel is one of three packages sold by the company, along with domestic and international payroll processing.
Which employee perks attract talent?
The platform lets users compare plans and costs side by side so employees can select the best option for them. ADP TotalSource provides employees of small and midsize businesses with high-level benefits at rates that are usually available only to large enterprises. Available benefits include medical, vision and dental insurance; an employee assistance program (EAP); commuter benefits; 401(k) plans; and more. ADP TotalSource can offer benefits to employees in all 50 states, though employers that need to offer benefits internationally should check out our Papaya Global PEO review. Most PEOs provide benefits support, but ADP’s benefits tools stand out from the crowd.
- For these reasons, ADP is our choice for the top PEO for benefits administration.
- A PEO offers a range of HR and employment support to businesses, including payroll processing.
- Regardless of your company’s stage, ADP can help you adhere to HR rules and regulations in all 50 states.
- Each customer is assigned an ADP HR business partner who will assist the company in creating new policies or refining existing ones.
Best for Payroll Processing
The company has 15 years of experience selling PEO services to middle-market businesses. On user review sites, Insperity is rated highly for its payroll processing, onboarding and benefits packages, but users give the service poor grades for price and the quality of its support. Paychex PEO aims to make managing your payroll and tax requirements as accommodating as possible, allowing businesses to process their payroll at any time by phone, in a browser or using a mobile app. The payroll services included with Paychex PEO are designed to meet the needs of SMBs while providing access to a dedicated HR professional backed by the company’s subject matter experts. Like many PEOs, ADP provides customized pricing, so you’ll need to provide information on your business’s size and needs to obtain an accurate price quote. ADP’s main service includes a wide range of bundled offerings, including payroll, expert HR support and access to the popular ADP tech platform.
Benefits of a PEO for small businesses
SHRM Members enjoy unlimited access to articles and exclusive member resources. Stay up to date with the latest HR news, trends, and expert advice each business day. The proliferation of artificial intelligence in the workplace, and the ensuing expected increase in productivity and efficiency, could help usher in the four-day workweek, some experts predict.
Traditional outsourced HR plans include essential features like payroll processing, benefits administration and compliance assistance. However, you can also opt for ADP’s many add-on functions, like talent acquisition and learning management. ADP is a major payroll and tax service provider, so its offerings in this area are unparalleled. Employees and managers can access pertinent, real-time pay information from an online dashboard or mobile app. Also offered in its PEO services are payroll and tax administration, benefits management, multiple employer 401(k) retirement plans and recruiting and talent management.
Work with a dedicated, expert HR pro assigned to your business.
We appreciated the depth of ADP’s risk and compliance support – starting with its security measures. ADP offers multi-factor authentication, single sign-on (SSO) options, encryption protocols, and adherence to SOC 1 and SOC 2 standards. For example, it offers quarter- and year-end coordination and administration, periodic reviews of pay-related action items, error detection alerts, and payroll compliance validations. It can also audit each payroll run before submission and notify employers about federal and state tax and regulatory changes. We have financial relationships with some companies we cover, earning commissions when readers purchase from our partners or share information about their needs.
The selected workflow template guides employers through the process of entering employee information and payroll data, with easy-to-follow on-screen prompts. New hires can fill out their information by following a series of prompts and sign any required documents on their computer or mobile device through ADP. Business News Daily provides resources, advice and product reviews to drive business growth. Our mission is to equip business owners with the knowledge and confidence to make informed decisions.
ADP’s ability to help organizations of any size deftly manage complex benefit offerings, along with its tried-and-true services and platform, make it one of the strongest, most comprehensive PEOs on our list. At PEOcosts.com, we help businesses find the best PEO services by offering vetted reviews, a free buyer’s guide, and educational resources. Our platform provides clear insights into PEO costs and benefits, making it easier to choose the right provider and streamline HR, compliance, and employee management. The company’s U.S. and international payroll processing services start at $19 per employee per month and $29 per employee per month, respectively. The free Deel HR includes standard HR functions such as onboarding and time-off and expense management. The company’s Engage performance development service is priced at $20 per employee per month.
The company’s human capital management (HCM) platform includes the Perks+ financial wellness program that offers employees banking access, debit cards and early access to earned wages. Co-employment is a contractual relationship in which both the PEO (ADP TotalSource) and client business share employment responsibilities. The PEO assumes many of the duties of the client business, adp peo including providing HR advice and guidance, benefits administration, payroll and employee tax assistance. The client business maintains the day-to-day supervision of its staff and all management responsibilities, including day-to-day operations of its business.
In addition to the financial costs of recovering from a successful cyberattack, it can take years for a company to repair the reputational damage that results. An employer of record (EOR), in contrast, assumes full liability for the workforce. Clients are still responsible for day-to-day operations, but the EOR handles all employment-related tasks. Such a partnership is beneficial to companies expanding operations to a foreign country or merging with another organization across international borders. ADP TotalSource gives your business access to a team of PEO industry experts you can count on for day-to-day employment-related support — with no limit to how often you can contact us. When you sign up for ADP TotalSource, the PEO asks that you designate a staff member to act as a point of contact throughout the setup process.
For example, a CPEO can pay federal taxes on your behalf and you may not be subject to double taxation, as might be the case if you partnered with a non-certified PEO. ADP’s PEO can handle all your HR needs, from benefits to payroll and tax filing, with HR support built in. While PEO’s are typically an all-in-one solution, HROs offer customized solutions. You often decide which tasks they’ll handle and which responsibilities you’ll retain.
How to choose a professional employer organization
ADP provides all of the standard professional employer organization (PEO) tools — including payroll processing, onboarding, compliance support and benefits administration — on a user-friendly HR platform. ADP works closely with many of the top benefits providers in the country to seamlessly administer high-level benefits. ADP’s tech platform also provides an excellent benefits enrollment process that allows employees to easily compare plans and enroll in their selected benefits. For these reasons, ADP is our choice for the top PEO for benefits administration.
That’s why TotalSource gives you the option to integrate with hundreds of leading business apps across industries, and even create custom APIs if and when you need them. As a PEO client, your compliance risk is shared by ADP, keeping you better protected than you would be on your own. Take the stress out of hiring with our integrated recruiting and applicant tracking tool, and make onboarding easy with ADP’s top-rated mobile app handling all your HR ‘paperwork’. We’re using our strength for good by empowering small and midsized businesses across the country to do more, every day, in the areas that matters most. With 75 years of unmatched HR & payroll experience, we’re ready to guide you through anything.