People wouldn’t be mistaken if they were to consider Chicago as the capital of the central United States and one of its most important cities. It’s huge, with an economy all its own, taking in most to all of Illinois and the surrounding region under its umbrella. Businesses can thrive here, but since it’s so competitive they will need to stand out.
Yet how does your company stand out from the rest? By providing better products or services, of course, but that requires that you have more time and focus to run your business and keep a close eye on the things that matter to your businesses.
This means freeing up some time, and fortunately a PEO will allow you to do that by outsourcing your HR and payroll work. They also generally have additional training options, benefits, and other services to make your company run the best it can. If you’re interested in learning more, you can take a look at our article on the subject here.
A very small or startup business in Chicago looking for a PEO service would find it difficult to go wrong by choosing Oasis Outsourcing, an accredited and flexible service with decades of experience and over 8000 clients. It only makes you pay for the services you need, is less expensive than most competitors, and has a 90-day money back guarantee, making it perfect for startups.
If you work in a highly regulated industry, Oasis is also for you. Chicago and Illinois regulations could become unpredictable, but Oasis and its support can be your port in the storm for your business.
We recommend if:
- You want an inexpensive PEO service so you can better afford the Chicago cost of business.
- You are in a highly regulated industry and would like top-tier risk management.
- You own a startup company and want a PEO that can serve those needs best.
Chicago can have a lot of smoke and mirrors when it comes to hiring and personnel decisions. CoAdvtange is the best PEO service for this particular problem, as on top of the all the usual services and perks one would expect, CoAdvantage has data on its side.
It has tools meant to keep track of performance metrics and tools to help you with recruitment, ensuring you get the spend and spend your limited resources on the best. If you think great people and knowledgeable experts are the backbone of your Chicago business, CoAdvantage is worth your consideration.
We recommend if:
- You would like more performance data available to you than what other providers would give.
- You will be seeking to expand in the near future.
- You would like a service that is great in nearly every aspect.
For is expertise and for its great reputation. Accredited by both the IRS and ESAC, the service has a full suite of options available, which are made best use of by professionals and advisors on your side that are highly trained and qualified (advisors also double as employment lawyers).
There’s a ten employee minimum, but any company that meets this requirement will want to take a look at EngagePEO. They handle compliance and risk like no other service.
We recommend if:
- Your company has more than ten employees.
- You know that your company is going to need some more training than others.
- You want any and all HR and compliance risk mitigated as much as possible.
Based in Florida but still great for Chicago, Alphastaff takes a different approach to the PEO business than most. Rather than taking a cookie-cutter approach to your company, Alphastaff will take a personalized approach, as every business is different and will require a unique HR solution to work to the best of its ability.
Note that you might want to choose a different service if you’re working in an industry that’s highly regulated in Chicago (there are better options listed on this page), but if you’re looking for something different, Alphastaff might be just the thing for you.
We recommend Alphastaff if:
- You are willing to experiment with your HR more than the average company.
- You would welcome personalized and custom HR plans for your business.
- You operate in a standard industry or the health care sector.
Make no mistake: Chicago is a global hub of commerce and activity, and small businesses with the right idea can grow rapidly and efficiently there. With a PEO, they will get one step closer and have one less burden on the way, and we’re sure that one of the above services will be the right fit for you.
What are your thoughts? Have you used or looked into one of the above companies before? Do you have a different opinion or great experience you would like to share? Please leave a comment below and tell us what you think.