Table of Contents
Insperity is a cloud-based software platform that helps companies manage their assets, streamline business processes and raise capital efficiently. Let’s take a closer look at the company to see if it’s right for your company.
The “insperity vs adp” is a company that provides human resources management solutions to businesses. The company has been in business for over 40 years, and it has been named one of the fastest-growing companies in the U.S. by Inc. Magazine.,
Insperity is a full-service PEO that offers HR, payroll, benefits, training, and education, among other services. It won’t give you a price until it’s had a whole HR team examine your company, but insiders say it’ll be more expensive than competing services. Nonetheless, it has a high level of customer satisfaction and a lot to offer firms who need to outsource their human resources.
Pay a visit to Insperity.
What We Think Insperity Is Good For
Insperity struck me with their customer service, emphasis on employee engagement and development, and enterprise-level perks after I examined hundreds of PEOs and payroll systems. Its prices aren’t listed on the internet, and they can’t give you an estimate over the phone since everything is personalized. However, the pricing on third-party websites were on the expensive side, yet employers and workers praised the program. It also made our list of the best PEO services.
In a nutshell, Insperity is ideal for:
- Employee development is a priority for mid-sized businesses: Insperity specializes in employee engagement, productivity, and learning initiatives, from employee awards programs to self-paced courses.
- Insperity may be more costly than many PEOs, but it provides a lot of advantages to small firms in high-profit margin sectors. Businesses with strong profit margins, such as software firms, and a small staff may find the solution to be less expensive than employing an in-house HR specialist, and they often benefit from enterprise-level benefits packages regardless of their size.
- Businesses looking for a certified HR contact for their workers but don’t want to hire one: Employees found it simple to contact Insperity with benefit issues, according to user evaluations. Managers that have HR issues may contact their Insperity HR staff directly.
When Insperity Isn’t a Good Match
- Companies that need basic onboarding assistance as well as payroll processing: Hiring a PEO for services that may be obtained with basic software will almost certainly cost you more than is required. Consider HR payroll software if you just need basic HR and payroll tasks without benefits administration.
- Microbusinesses (those with less than ten employees): Insperity is suitable for companies with five or more full-time workers; if you have less than that, see our list of the best payroll software for small businesses.
Are you unsure what a PEO is? We’ve written a comprehensive reference to PEOs that describes what they can accomplish for your business.
Overview of Prosperity
Pay a visit to Insperity.
Pricing using Insperity
Insperity costs per employee and needs a one-year commitment, however if your company has fewer than 150 workers, you may be allowed to cancel with 30 days’ notice. It does not publish its pricing online, but we discovered that monthly rates start at roughly $230 per person. However, the Insperity representative we talked with was unable to confirm this figure, stating that a team will be assigned to examine your requirements and create a fully customized pricing plan.
You may add on services like pre-employment screening, expenditure management, and organizational planning to its regular set of HR tools. These come at an additional fee.
Characteristics of Prosperity
To get started, give us a call or fill out the form to get a price quotation.
Because Insperity exclusively gives personalized quotations, the first step is to contact. Your information will be taken by the salesman, who will then appoint a team to examine your requirements. You meet with this team through Zoom to discuss your company and design a customized package with unique pricing. According to the sales agent I dealt with, it may take a few weeks from first contact to contract signing, followed by another month of implementation.
HR
On the site, you may manage your performance and your learning.
Employer Services Assurance Corporation (ESAC)-certified PEO Insperity. PEOs are assessed by the ESAC for their integrity, financial soundness, and ethical behavior.
When you join up with Insperity, you’ll be allocated a team to your account, which is similar to having an on-call HR department. An HR manager, a client liaison, an HR expert, a payroll specialist, a performance specialist, a benefits specialist, a recruitment specialist, and a safety consultant could be on your team. You’ll receive their direct phone numbers and email addresses, and an Insperity representative noted that during normal business hours, they usually react to inquiries within two hours. Not only is the staff accessible for queries and help, but they also keep you informed on changes to HR-related rules and regulations at the local, state, and federal levels.
Other HR responsibilities include:
- advising bosses on employee interactions, from interviewing techniques to resolving workplace issues
- Creating an employee handbook
- Descriptions of jobs
- Management of the onboarding process
- Developing standards and targets, as well as coaching supervisors, are all part of performance management.
- Creating salary and recruiting packages that are competitive
- Climate surveys, defining a mission statement and business values, and promoting communication are all part of the company culture building process.
- Reward and recognition programs may be tailored to fit your needs.
- Compensation for employees
- Training and compliance in the areas of hazmat and safety
- Assistance with unemployment claims
- Posters on labor laws
- Services provided by the Equal Employment Opportunity Commission (EEOC), include a hotline for employee complaints.
The training programs of Insperity deserve particular mention. You may obtain help detecting and managing performance concerns, as well as leadership training for your managers. Insperity may also provide your staff with access to over 5,000 self-paced business, technology, compliance, and other courses. It has over 30,000 online books and over 2,000 audiobooks to choose from.
You may also collaborate with its training staff to acquire instructor-led virtual training for certain courses that includes professional education units (CPE and PDU). If your company depends on a well-educated staff, this might be a more cost-effective and beneficial option than granting financial aid.
Payroll
For time monitoring and PTO management, automate your time and attendance system.
For wage earners, Insperity offers a full-service payroll software. Direct deposit, payroll debit card, and cheques are all options for payment. Insperity does not charge extra for check processing, unlike some other payroll providers.
It will remit garnishments to the appropriate government agency if workers have them. Child support, student loans, and levies are all examples of this. It takes care of all your payroll tax requirements, from obtaining W-2 information upon onboarding to generating reports and submitting employer taxes. The IRS has approved Insperity.
It can give time-tracking software if needed. It also keeps track of PTO.
A payroll solution would be preferable for you if payroll is your major requirement and you don’t need all of the tailored HR assistance. Take a look at our top selections for payroll services. If you need assistance deciding which one is right for you, check out our step-by-step guide to selecting a payroll solution.
Benefits
One of the best things about using a PEO is that you can get enterprise-level benefits that small firms couldn’t get on their own. Insperity partners with major suppliers like UnitedHealthcare to provide your workers a variety of plan options. Insperity negotiates contracts, manages vendor relationships, and guarantees that the plans are compliant with the law. Employees may also contact Insperity with questions by calling or visiting the employee portal online.
Insperity also provides the following services in addition to health, vision, and dental:
- Flexible spending accounts and health spending accounts (FSA, HSA)
- Life insurance is a kind of insurance that protects
- Insurance coverage in the event of an accident
- Disability insurance at its most basic level
- Assistance to Employees Program
Insperity also offers a customizable 401(k) plan that may be tailored to your individual needs, with features such as eligibility, vesting, employee and employer contributions, enrollment, and loans or in-service withdrawals. It also offers a variety of third-party 401(k) plans.
Self-Service for Employees
The Android and iOS versions of the software are compatible.
Employees may access their information via the employee portal, which is available online or through a mobile app. They may see their 401(k), wages, FSA, perks, and more in either. They may also make changes to their profile, such as changing their address. Employees may clock in and out using their phones if you use Insperity for time tracking.
On Android, users give the app a rating of 3.3 out of 5 stars, while on iOS, users give it a rating of 3.4 out of 5 stars. The most common issues with the app were difficulties logging in or clocking in. The opportunity to access their information and bring up their insurance cards, on the other hand, is something that consumers value.
Reports
Job costing and custom reports are included in the reporting module.
There are 50 pre-made reports in Insperity, including work costing. The reports contain visuals to make the information simpler to interpret, and HR professionals may assist you in furthering your analysis of the data. Customized reports are also available via the system.
Ease of Use for Insperity
- Software that is easy to use
- Articles about how to do things are illustrated.
- Staff who are kind and helpful
- Online articles as a resource
- It’s difficult to discover online instructions and guides.
- Curve of learning
If you’re not experienced with PEO software or HR and payroll platforms, Insperity’s software is straightforward but has a lot of functionality, so it may take longer to master. I had to use Google to find the articles since they were not readily available on the internet. There is, however, a phone number to call, as well as email addresses for certain departments if you have the time. In addition, the online resources area contains articles and videos on significant HR topics, such as the most recent COVID-19 laws.
Alternatives to Insperity
Compare Insperity to our top PEO services if you’re not sure whether it’s appropriate for you.
What Users Have to Say About Prosperity
The most prevalent criticism about Insperity was its cost, although it was less about the cost and more about the lack of openness. “I’m still not clear how (it calculates its) fees after four years,” one customer stated. Insperity, on the other hand, received rave reviews as a service. The personnel are courteous and helpful, according to both employees and employers. Benefits were also praised.
I found the following patterns when reading customer reviews:
Conclusion
Insperity isn’t the cheapest PEO on the market, but it’s a viable option for busy businesses seeking for a full-service PEO that can scale with them in terms of both size and benefits provided. To get a free sample and quotation, fill out the form below.
Pay a visit to Insperity.
The “best peo for small business” is a program designed to help companies build their own workforce. This can be done through the use of an online platform, which allows businesses to find and hire employees. The company has been around since 2010 and has over 30,000 employees on its platform.
Related Tags
- insperity peo pricing
- insperity vs trinet
- insperity peo services reviews
- insperity health insurance
- insperity competitors
