Top 7 Best PEO Services for 2024,

  • Post last modified:August 19,2024

Written by: Tom Smith

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Being able to cut through the complexity of HR management and compliance for your business – particularly as you expand globally, isn’t always easy. With the help of a right partner, a Professional Employer Organization (PEO) can make all the difference, providing services to handle payroll, benefits administration, compliance, and more.

In this article, we’ll be looking at the top 7 best PEO services for 2024 that will help optimize your HR through innovative solutions, so you can find the perfect match for your business, regardless of its size.

Top 7 Best PEO Services for 2024,

Our top picks:

  • Deel – Best PEO for startups
  • Papaya Global – Best PEO for Global Employment
  • Insperity – Best PEO for HR Services
  • ADP Total Source – Best PEO for large Corporations
  • Rippling – Best PEO for Scalability
  • Justworks – Best PEO for SMBs
  • Trinet – Best PEO for growing SMBs

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Deel – Best for Startups

Expanding your small business’s global footprint is easy when Deel, the world’s go-to PEO, sets up your payroll, manages payments, and handles international hiring operations for your remote workers in over 150 countries. Handling multinational workers made easy, Deel is helpful for businesses of all sizes. With a platform boasting a simple user experience, Deel streamlines managing contracts and expense tracking for your international workforce.

Users of the platform rave about Deel’s ease of use and how helpful it is for launching a business remotely. Create contracts, meet contract obligations, and manage the budget all in a centralized hub. You can’t go wrong with this software. Need a customized stipend or bonus for a new hire? No problem! Deel can handle that as well.

With Deel’s attention to compliance in every country it’s active in, you can rest assured that all your employees, regardless of location, are able to do their job successfully as part of your broader team. These are points we feel reassure leading companies like Reddit and Shopify, which trust Deel for compliance and global workforce management.

Key Information:

  • Global coverage: Hire, pay and manage a global team effectively, in 150+ locations worldwide.
  • Very user-friendly: Reviews rave about Deel’s super-user-friendly platform, which could help your company contract, expense and pay freelancers with ease.
  • Flexible Options: Customise compensation packages including stipends, bonuses and other perks for your international team through Deel.
  • Compliance Assurance: With an uncompromising commitment to compliance, you can be sure that your company stays within the letter of the law – no exceptions.
  • Renowned Partners: There’s a reason trustworthy companies like these put their reputations behind Deel. Because Deel is a great solution to a big problem: managing an international workforce.

Best suited for:

Do you run an SME or start-up that is looking to scale globally and avoid the hassles of legal complexity or the headache of having to set up entities and legal structures overseas? Do you want to have the ability to have flexible types of employment contracts, to provide competitive, customised benefits packages to attract top talent around the world? Or perhaps you are in a large enterprise looking to systematize global HR processes and ensure compliance across a wide set of jurisdictions? If any of this describes you, Deel can help you.

Deel obliterates obstacles such as location, time zones, cultural differences and offers a platform that is easy to use and encourages good compliance practices. This means businesses of all sizes can concentrate more on what they do best – grow – and leave you to focus on what really matters.

read our review of Deel here

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Papaya Global – Best for Global Employment

Papaya Global gives your company global capabilities by providing you with the best of international compliance, with hyper-local HR solutions tailored to your SME (small and medium-sized enterprise) requirements, and they go above and beyond to make sure you’re up to global standards in over 160 countries’ regulatory landscapes. With their non-stop compliance engine and extensive knowledge that they share with you, your business is prepared to thrive and follow the legal guidelines of any country you expand your reach too.

The platform allows for a full accounting for your business, including payroll, benefits management and real-time analytics – all designed to give deep strategic insights into your workforce globally, so you can respond and manage people effectively. Papaya Global’s pricing model is also transparent, allowing you to track and manage your budgeting. The platform helps you manage what lies ahead with all the administrative work, leaving you to focus on growing your business and innovating.

Their technology is used by Microsoft, Shopify and others, and its compliance assurance with regulations in hundreds of countries is one of their strong points, also worth mentioning is the platforms integration capabilities. Papaya Global is an attractive option for multinationals.

Key Information:

  • Automates complex payroll processes, ensuring global compliance.
  • Offers a user-friendly dashboard for a unified employee data view.
  • Supports payroll, EOR, and contractor management under one roof.
  • Enhanced with real-time analytics for strategic decision-making.
  • Seamlessly integrates with leading management tools for operational efficiency.

Best suited for:

Designed for growing companies looking to reach a global workplace that is both compliant and efficient, with cost-efficient easy-to-use payroll.

Papaya Global is most suited for SMEs who want to internationalize at scale, and for larger enterprises that need to ensure strategic visibility into their global HR operations and budgeting.

Papaya Global Pricing option:

  • The Full-Service Payroll plan is priced at $12 per month per employee.
  • The Payroll Platform License is available at $3 per month per employee.
  • For the Data and Insights Platform License, the cost is $150 per month per location.
  • The Payments-as-a-Service solution is offered at $3 per month per employee.
  • The Contractor Management plan starts at $2 per month per contractor.
  • Global Expertise Services are priced from $190 per month per employee.
  • Employer of Record starts at $650 per month per employee

Depending on the size of your business, you can select from Papaya’s tailored pricing, at a low rate of $2 per contractor, with an easily scalable solution and a clear per user or location rate.

read our review of Papaya Global here

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Insperity – Best for HR Services

Insperity PEO is an HR outsourcing service for SMEs seeking to scale up in the US. The company provides a broad suite of HR services to small- and mid-sized firms struggling with the intricacies of managing employees and complying with regulatory regimes across different states.

For instance, by engaging Insperity’s HR services, a client saves itself having to deal with questions such as: What should be the terms and conditions of employment for my staff in this specific state? How does my compensation package compare to what other firms offer in this jurisdiction? Am I in compliance with local tax laws? What should be included in the health, life insurance and other benefits that I provide to staff?

Insperity’s all-inclusive platform offers employee benefits, workforce optimization and a robust HR infrastructure to give you a great working environment so you can focus on your core business needs. Because the Insperity support services is backed by a high-touch service model, you will receive valuable guidance and insight to help your business grow and operate more efficiently.

Key Information:

  • Provides a seamlessly integrated HR solution suite of payroll, employee benefits, HR administration and risk management.
  • Employs a high-touch service model, providing businesses with dedicated support and expert advice.
  • Furthers the accessibility of HR processes by providing an intuitive space for employees to access relevant and essential information, such as holiday bookings, via a smooth user experience.
  • Enhances business dynamics by binding its best-in-class service offerings which greatly improve organizational efficiency by streamlining HR processes and reducing their administrative burden.
  • Ensures constant compliance with federal and state laws, as well as safer work environment by reducing risk of employment law and regulation violation.

Best suited for:

Ideal for small- or medium-sized enterprises (SMEs) that want to grow their organization without hiring a dedicated human resources department or finding, hiring and maintaining a team of HR managers and staff. Insperity PEO provides businesses with an end-to-end HR solution and supports them as they scale with their changing needs. Insperity is ideal if your company is growing at a rapid pace and has more than 150 employees.

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ADP Total Source – Best for large Corporations

ADP TotalSource literally puts your company on the fast track to comprehensive HR management and worksmart workforce optimization, with a dynamic co-employment solution for small and medium-sized enterprises (SMEs) and multinational corporations (MNCs) alike. It gives your business access to an extensive suite of HR services consisting of payroll and benefits administration, professional employer organization (PEO) services and more. All with a unifying theme of compliance in a complex and ever-changing HR employment landscape.

It’s built specifically to serve the full range of your company’s HR requirements: tools for benefits management and payroll, alongside built-in analytics – all to provide you with strategic oversight of your workforce. ADP TotalSource openly shares pricing, helping to align costs and provide financial planning clarity.

Compliance is of the utmost importance, and ADP TotalSource is relied upon by many well-known international companies because it provides this and a whole lot more through all the HR source modules as well as high levels of customer service. With this level of trust and depth of embracing HRO, you can be sure that the platform is making your business stronger and more adaptable as you implement the HR hard edges and soft edges of your choice as your business grows and adapts to a changing HR landscape.

Key Information:

  • Provides a full range of HR services such as payroll, benefits administration, risk management, and compliance, to reduce your HR workload.
  • Empowers your business with strategic workforce insights through advanced analytics, facilitating informed decision-making.
  • It features a transparent pricing model, which brings clarity and predictability to your financial planning, which is essential for navigating HR management complexities.
  • Renowned for its vigorous commitment to ethical leadership and its expertise in risk management, with over 25 years of experience in providing superior domestic, global, and organisational compliance assurance, innovative HR solutions, and exceptional service.

Best suited for:

For smaller companies to larger corporations, ADP TotalSource streamlines payroll and HR functions, delivers strategic insights and compliance best practices. If you are a business owner and want to succeed, you rest easier knowing that human resource functions are delegated to a profoundly competent team at ADP TotalSource.

Additionally, the services offered by ADP saves valuable time, which you can then devote to innovating, managing, and growing your business. In summary, the ADP TotalSource PEO platform suits and delivers both small and large organizations tailored solutions to meet your needs, making it one of the best PEO platforms in the marked.

read our review of ADP Total Source here

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Rippling – Best for Scalability

It’s Rippling PEO for the future – powering your business with technology-enabled HR services integrated into a single HROS platform for growing startups and established small to medium-sized enterprises (SMEs). It’s designed to break down the HR silos that exist at most growing companies so you can manage it all in one place. At its highest level, it services payroll, benefits administration, compliance and IT management, evolving as your needs do.

If you’re a growing business that needs a scalable solution, one that can grow with you as you expand into new markets – while also maintaining the safety and privacy of employee data, it’s an incredible solution.

Key Information:

  • Integrates IT management with HR services, ensuring your technology and team grow cohesively.
  • Simplifies the management of international employees, addressing global compliance and payroll with ease.
  • It automates a lot of the HR and IT work such as updating databases, eg, if an employee leaves the company, so that you don’t have people spending a lot of time on it or messing up the information.
  • Mandates strict data security standards to make it safe to businesses and employees alike.
  • Integrates with most business systems
  • Tracks time and attendance easily
  • Runs payroll in 90 seconds

Rippling PEO complements your existing tech stack, encompassing everything from employee benefits administration to insightful analytics.

A transparent, predictable pricing model such as Rippling’s could cut through some of the opacity of HR management, enabling better financial planning, and time and resources to be concentrated in growth areas such as product innovation.

Rippling has earned the world’s trust by leading in the unified HR and IT systems space and by helping companies see their full potential. Its compliance expertise, innovative set of HR solutions and best-in-class customer support will get your business ready for HR refinement and operational scaling.

Best suited for:

Whether your goal is to manage and grow your workforce globally, with a focus on ensuring international payroll and compliance, or if you are interested in making sure your technology scales as your team grows, Rippling’s unique approach of combining HRIS systems with IT management is a great fit for you.

Rippling is a great and cost-effective option for companies that are trying to link their HR and IT stacks to any other business functionality in a more joined-up operating environment.

read our review of Rippling here

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Justworks – Best for SMBs

Justworks PEO is the simplest way to run your business. Their all-in-one HR solution offers a one-stop service for your small-and medium-sized business: payroll, benefits administration, compliance and employee support, all in one place. Justworks allows you to focus on running your business while supporting your growing team with just a push of a button.

Employees enjoy the convenience of accessing their paystubs, tax information, insurance, and other information quickly and easily on the Justworks platform. Justworks’ simple platform, transparent pricing and ability to provide enriched health insurance and other employee benefits at lower costs, has made it a popular choice for small and midsize startups looking for an all-in-one HR solution that engages employees, provides great benefits, and helps business owners maintain compliance with labor laws and regulations.

Key Information:

  • Simplifies payroll processing, benefits administration, and compliance management to lighten your administrative load.
  • Offers a simple way to do HR through an easy to navigate user-interface.
  • Offers a simple and straightforward pricing model
  • Gives you and your employees access to quality health insurance and other employee benefits
  • If you’re a startup or small, medium-sized enterprise looking for an end-to-end HR solution, Justworks will help you to support all aspects of your workforce.
  • Ensures your business remains compliant with labor laws and regulations.

Best suited for:

If you want to offer your employees top shelf, market-rate insurance and benefits programs but don’t want to hire salaried professionals to run these programs in-house, with all the overhead that entails, then Justworks is great.

read our review of Justworks here

TriNet

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Trinet – Best for growing SMBs

When you’re looking for a complete one-stop solution that really fits the needs of your business, TriNet PEO can prove invaluable. It’s designed to help you manage your diverse, remote, and decentralized workforce easily, by offering hour-to-hour and day-to-day payroll, benefits and risk mitigation and compliance services. Because the end destination in any successful company is HR administration simplification and full compliance with federal, state and local regulations.

TriNet is a great fit for small and midsized businesses looking to streamline operations through an easy-to-use interface that allows them to offer competitive, full-featured benefits packages that fuel recruitment and retention while reducing the burden of payroll and benefits administration for HR teams.

TriNet provides a personalized and scalable solution to suit your business as it grows, allowing you to efficiently administer your employees across the US. Your employees personal and sensitive information is provided security and confidentiality.

Key Information:

  • Focuses on making HR as simple as possible for small and medium-sized businesses across the US, by ensuring they remain compliant with a complicated web of regulations.
  • Individual staff receive competitive benefits packages, arranged for you with expert advice on compliance and risk management.
  • Gives your business a scalable solution, so you can manage more people as your organization expands, without having to wade through endless compliance change-management.
  • It maximizes the security and privacy of your and your employees’ data, putting your business, its data and the data of your organization’s customers on a solid footing of trust.
  • Offers comprehensive support when it comes to HR, payroll and benefits administration so you know your business is in good hands.

Best suited for:

TriNet PEO is ideal for startups and smaller and medium businesses looking to outsource as much of their HR as possible without having to hire a large internal HR department in order to do so. Businesses seeking to scale fast with dynamic HR services that take into account every step of their growing pains will find it to be a trusted partner. Companies that put compliance, competitive benefits and data protection at a premium will reap the benefits of TriNet PEO.

What is a professional employer organization (PEO)?

With a PEO service provider, you can outsource the administration of your business’s HR needs and focus on the overall goals of the organization.

A PEO (Professional Employer Organization) is an organization that provides businesses with comprehensive HR services, including payroll, benefits, hiring, and compliance, by co-employing their staff.

Partnering with a PEO gives you access to subject-matter experts who are well-versed in employment law and HR best practices, and make sure the business is compliant with regulations without requiring an employee to manage it in-house. At the same time, PEOs manage payroll processing and tax filings, and they enable firms to provide benefits packages to their employees that make them competitive and attractive to the best talent.

Moreover, a PEO can help you manage employment law risk and stay on top of compliance issues, which will give you a sense of relief and enable you to focus on growing your business. With a PEO you also gain buying power; as a small- or medium-sized company, you will receive health insurance rates and other employee benefits that are typically reserved for large enterprises.

Besides improving your overall operating efficiency, you will start to attract the type of employees you desire, who in turn will become an integral part of your organization, as you shape your business into a positive work environment. This can help you build a loyal workforce that will exponentially contribute to your success.