The entire idea behind Professional Employer Organizations, or PEO’s, is to streamline core business functions such as payroll, benefits administration, and compliance so that small and medium-sized companies can run smoother with lower overhead.
We evaluated PEOs for their worthiness as an outsourced HR services provider, and we complied that information. We hope that this will help you get a feel for what to expect when working with a PEO company.
For general PEO information and additional information about Idaho PEO services, you’ll want to keep reading below:
#1 – Flexible
Idaho businesses love Flexible for three principal reasons: they make excellent use of technology, their suite of services is comprehensive, and they offer exceptional customer service.
With a strong focus on adding value and taking away your HR headaches, Flexible offers customers easy-to-use technology combined with a human approach to account management but without the hefty price tag you get with other PEOs.
Flexible is a full-service offering, assisting customers with payroll, benefits, taxes, compliance, and much more meaning they are an excellent PEO option for nearly all Idaho businesses. We strongly recommend they’re your first stop for a quote.
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#2 – ZampHR
The Zamp HR outsourced core HR solution is first-rate not just because of the proven track record this PEO has, but also because of how easy it is to work with them. Utilizing the most advanced developments in cloud-based technology, Zamp HR provides efficient, easy-to-use software that requires no on-site management to function.
And, their support staff has glowing reviews, something that will inevitably become important when your employees need assistance with their benefits, payroll, or taxation questions.
Zamp HR is a solid choice if you are looking for a simple, cost-effective outsourced HR solution for your Idaho-based business of 2-250 employees.
#3 – Employers Resource
Having evaluated dozens of the best Professional Employer Organizations that offer their services to Idaho companies, Employers Resource definitely deserves a spot on our list.
Employers Resource made our list for three key reasons:
- History of success in Idaho
- An established client base across all industries
- A ‘full-stack’ HR services offering
Employers Resource sweetens the pot by constantly delivering their clients ongoing information that can help them save money, do more with less, and keep driving business forward.
We love the fact that Employers Resource offers HR services that can grow with your company, providing both near- and long-term benefits for your company’s future in Idaho and elsewhere.
#4 – Resource Management Inc
When companies in Idaho find that their headcount is growing faster than their current HR systems can accommodate, they look to Resource Management, Inc to shoulder the burden.
This Professional Employer Organization specializes in conducting a full-scope evaluation of the areas of a business where improved HR processes could most benefit the bottom line. Having a keen eye for efficiency optimization, Resource Management Inc. employs trained HR professionals who know exactly how to match the right outsourced HR solution with the goals and imperatives of the client, every time.
Idaho-based companies who are looking to prepare their organizations for a merger, acquisition, or sale are especially well-suited to this PEO.
High-Level Overview of Idaho PEO Companies:
Idaho businesses can expect different types of help from different providers, although there are a few common services that all good PEOs will offer. Any good PEO will be able to manage any standard HR need for all of your workforce, regardless of position or tenure. Other main services include payroll management. benefit acquisition and administration, quarterly tax filings, managing workers comp on a cash flow basis, compliance management, and risk mitigation and analysis.
Most Idaho PEOs also will help your business with recruiting additional team members, expense reporting, providing training courses, and other services as necessary. Your business will also be able to get lower rates on workers comp and health insurance by virtue of being part of a much larger bargaining pool. By working with a PEO, your HR team will have a lot more time on their hands, if your business even still wants an HR team.
Factors for Evaluation of an Idaho PEO Service:
PEO services in Idaho might vary by provider, and this means there’s a lot to consider when selecting your service. We reviewed each facet for you when looking into what PEO services are best for Idaho businesses. We’ve looked at each of the following items and services when reviewing PEO services:
- – Tax processing
- – Payroll processing
- – Health insurance options and support
- – HR regulation compliance assistance or management
- – HR management and consulting support
- – Recruiting and onboarding support
- – Safety compliance and risk management
- – Time, attendance, and productivity tracking tools
- – Customer service and feedback
- – Additional features and specializations
There are too many PEO services to count or remember, so you will want to make sure you know what things are important to research or ask about on your end.
However, no matter which PEO you wind up choosing, we want to make sure your business gets everything it needs. Therefore, don’t worry if an otherwise standard service or benefit is not mentioned in the recommendations above, as you can consider it available.
Benefits Of Using a PEO In Idaho
Insurance Cost Savings – PEOs save companies money, and most of those savings come from reduced health insurance costs. PEOs leverage a large pool of clients in order to get cheaper rates for their clients.
Less Paperwork – Paperwork can simply be the worst part of your day. A PEO will use the tools at their disposal to reduce paperwork for you and your business.
Compliance and Legal – PEOs will manage all compliance and legal issues regarding employees and make sure your business is compliant with any federal or local regulations. The PEO’s systems will easily and effectively handle all problems make sure your business is covered in an emergency.
FAQ About PEO Companies in Idaho:
What is a PEO? – A PEO (Professional Employer Organization) allows a business to outsource its employee management, have other HR tasks handled for them, and gives personnel management support when needed. They will manage your payroll, tax forms and payments, insurance (health care benefits and workers compensation) and other benefits such as retirement plans, life insurance, long-term disability insurance, vision and dental insurance, employee wellness programs, and on-boarding new employees.
What Are the Benefits of Using a PEO? – The main benefits of using PEOs are reduced HR costs and the use of their time-saving tools, platforms, and services. Additionally, they manage HR compliance and risk-aversion. They generally allow your business to provide more valuable benefits to employees, making it a much more attractive employer.
How Much Does it Cost To Use A PEO in Idaho? – It generally costs between $1,000 – $2,000 per year per employee to use a PEO. Businesses with more employees will almost always get lower rates.
How Does a PEO charge? – PEO’s generally charge a percentage of overall payroll or a straight admin fee per employee. We prefer PEOs that charge the admin fee due to their transparency. We find that PEOs that charge a percentage of payroll have hidden fees and other issues that can give you nothing but trouble.
Does it Cost Money to Switch to a PEO? – There is usually a setup fee which can range from $1000 to $15,000 depending on the size and structure of your business.
How Long Does it Take to Get Started Once I Choose a PEO? – Startup time can range from three to six weeks, depending on the PEO service. The average time to get your company set up is about four weeks.
Can I Get Health Insurance for Myself and My Family as the Founder? – Some PEO’s will offer this option and others will not.
As the Founder, Should I Pay Myself Using a PEO? – We find in most cases that you should be using the PEO service to do your own payroll, although this may be different depending on your business.
Should I Know Anything About Idaho PEOs in Particular? – There isn’t too much to say about PEOs in Idaho other than the fact that you will want to make sure to pick out a PEO that knows Idaho’s laws inside and out, in order to prevent trouble down the line. Otherwise you’ll want to allign with the PEO that can match your industry’s needs the best.
What is the Best PEO in Idaho? – There are many different kinds of Idaho businesses, and there’s a best PEO for each of them, although not a best one for all of them.
Conclusion
To determine which Idaho PEO is right for you, you might want to contact us to get in touch with one of our PEO specialists. We took great care into making sure that you got the best information for your Idaho business. We’ll get back to you with our recommendations and any additional thoughts that might help you on your journey.