TriNet is a professional employer organization (PEO) that provides customized HR solutions to small and medium-sized businesses. TriNet PEO operates under a co-employment model in which the TriNet PEO, as a co-employer, is the employer of record for tax purposes and is responsible for collecting and remitting payroll taxes for employees on its platform. However, the clients will still have control over workforce decisions, like hiring, firing, compensation, and culture. TriNet PEO believes in helping companies reach their full potential through their PEO services. TriNet PEO offers access to human capital expertise, benefits, risk mitigation and compliance, payroll, and real-time technology.
Even though the pricing structure and plans are not provided on the website, TriNet PEO claims that it offers transparent pricing for its' Human Resource services. TriNet PEO has mentioned that it charges a flat fee per-employee-per-month (PEPM) basis. Moreover, it also states that their contracts offer flexible terms. TriNet PEO's pricing plans are for new clients only and can vary depending on the region, industry, company size, and services scope. On the website, TriNet PEO also states that payroll taxes are subject to periodic adjustments by relevant government authorities. The website's details only provide an estimate based on annual employee wages and wages capped as applicable according to federal and state taxing authority guidelines.
TriNet PEO has also provided a comparative analysis of TriNet PEO's pricing against other PEO's pricing, as mentioned below:
TriNet PEO offers HR consultancy to help clients make decisions that will give them desirable results. Industry-specialized expertise and informed decisions will ensure a seamless and efficient HR system. From recruitment to onboarding, TriNet PEO will guide you throughout. TriNet will also help you implement the best practices related to performance problems so that your employees remain compliant with your HR policies. TriNet PEO focuses on building a healthy company culture so that you can grow your business while recruiting the right resources.
TriNet PEO offers over 500 courses through a cloud-based platform. These learning courses are designed to boost learning and training so that your employees can quickly access the most relevant information and apply it in your business. Some of the professional courses are related to accounting, finance, workplace ethics, business writing, computer skills, and compliance training. TriNet also helps with leadership training so that your employees can push your business to the next level.
Some of the leadership courses offered by TriNet are mentioned below:
TriNet's employee benefit plans offer health and retirement coverage along with additional benefits such as critical accident and illness policies, access to auto and home policies, and commuter benefits and retirement plans. Through TriNet PEO's benefits option, you can not only free yourself of many benefits administration responsibilities, but you can also access a variety of professionally managed investment options with competitive expenses. The 401(k) plan offered by TriNet makes retirement planning more manageable and more affordable.
For risk mitigation, TriNet PEO provides ACA compliance. The Affordable Care Act (ACA) is a complex and evolving piece of legislation with tangible benefits for many. TriNet PEO's expertise and handling of both payroll and services include a fully integrated ACA solution that addresses your compliance concerns. These include medical plans that will meet all coverage requirements and data tracking, fillings, and support.
TriNet PEO's payroll services are easy and convenient. These come with time tracking and expense management features. TriNet PEO's payroll services and self-service tools allow you to spend less time on payroll and more time on your people. They also offer expertise in payroll services to ensure that your company is compliant with the government's regulations and requirements. TriNet's online payroll services include payroll processing with direct deposit and debit. All the payroll services paperless and use e-pay stubs and electronic W-2 preparation and delivery. Your HR can also view estimated invoices, which are automatically updated as you add employees and make other changes. Through TriNet's self-service platform, your employees can also enroll in direct deposit, view pay stubs, change their status, view and print W-2s, and track paid time off. Payroll services are also integrated with accounting services such as Quickbooks Online, Netsuite, Intacct, and Xero.
TriNet PEO offers a range of integrations through which you can synchronize your data between your business applications and TriNet PEO. Some of TriNet PEO's integrations are: