If you as a business owner have a load of HR, compliance, and payroll tasks to take care of, then we understand the stress and also propose a solution: consider signing up for a PEO service. They will work with your business and enter a relationship in which you manage the work and they manage the paperwork.
10 BEST & WORST PEO COMPANIES
There Are 957 PEO Companies In The USA. Find Out Which Is The Best Match For Your Needs.
Two of the most popular and well-regarded services on the market are Insperity and Justworks. How do they compare? Read below to find out:
Insperity Overview
A major provider based in Houston, Texas that works with over 100,000 business (with two million total employees under its management) and is focused on trying to optimize the modern workplace. It offers a full suite of services and will work to make sure that there is nothing your business is missing from an HR and benefits standpoint.
Standout Features:
- Customizable features so your business doesn’t need to pay for the full suite if not every service is needed.
- A structure and suite of tools focused on making sure your team works at maximum efficiency.
- Nearly unparalleled time-tracking and management tools, allowing you to manage employees online and get productivity information.
- Great 401(k) plans and retirement administration.
- An intuitive online employee self-service platform.
Weaknesses:
- A relative lack of health care options, as Insperity only partners with one health provider.
- Reviews and reports have frequently detailed confusion and frustration when it comes to Insperity’s fee and payment structures.
- Relatively unclear communications and information from Insperity when compared to other, more transparent PEO providers.
- A five-employee minimum to use their services.
To learn even more about Insperity, you can read our full review here.
JustWorks Overview
A newer PEO with a rapid rate of growth, Justworks is a company that takes into account modern trends and needs to stay aggressive against the competition, offering everything your business could want from a PEO. Additionally, they have shown to be very honest and forthright about their offerings, providing transparency that was unmatched by any of the other services we’ve reviewed.
Standout Features:
- Clear and forthright communication when it comes to pricing, what JustWorks can do for your business, and exactly what your business is going to get for its money.
- Affordable yet competitive benefits and perks for employees.
- A fantastic and intuitive online dashboard for both you and your employees, also offering you a centralized information source.
- Fantastic client support and representatives to work with your business.
- An affordable service in general when compared to the competition.
Weaknesses:
- Few industry specific options for businesses in specialized or more highly regulated sectors.
- A relative lack of training options when compared with more training-focused PEO services.
- A lack of auditing and investigation options to make sure your business is running in top shape.
- Less automatic services and options than some other providers, requiring more of a time commitment from you or your managers.
To learn even more about Justworks, you can read our full review here.
Major Differences
The story is relatively clear here: the longstanding all-service solution versus the innovative newcomer to the industry. The general trend is that JustWorks will be the simpler and less expensive solution for most companies, as well as the choice for companies with less than five employees, but companies that need something more will want to choose Insperity.
Additionally, JustWorks will most likely be the easier of the two companies to work with, due to its clear and forthright service and philosophy. Businesses looking into both might wish to contact JustWorks first.
Conversely, specialized businesses will want to look more towards Insperity with its wider offerings and better training options.
Recommendations
Each business has different needs, and as such we don’t find it wise to simply recommend one service over the other for all businesses. As such, consider our following recommendations to narrow down your selection:
Your business should work with Insperity if:
- You need your business to run at maximum efficiency as often as possible.
- You would like to work with a larger, more experienced PEO service provider
- You are willing to pay more to receive a wider variety of services.
- You are looking for better training options.
Your business should work with Justworks if:
- You and your business value clear and honest communication and clear expectations.
- You want an easy-to-use option for your business.
- Your business would like to keep costs relatively low when it comes to a PEO service.
- Your business only needs the basic services a PEO provides.
Conclusion
After reviewing over both Insperity and JustWorks, hopefully you now have more information to make the right decision for your business. There’s no clear answer for all businesses, so review your priorities and stack them up against our recommendations above.
Have you worked with either of these PEO service providers before for your business? Do you have any additional thoughts? If so, please leave a comment below and tell us your opinion. The more business owners we have in the conversation, the better.
10 BEST & WORST PEO COMPANIES
There Are 957 PEO Companies In The USA. Find Out Which Is The Best Match For Your Needs.