Top 5 Professional Employer Organizations in New York
Find the Best PEOs in New York to simplify your HR, Benefits, Payroll, and Compliance.
Doing business in New York?
Each PEO offers excellent Human Resource services, payroll services, and employee benefits programs, but a few things about each stand out above the rest. A Professional Employer Organization (PEO Company) can make almost all of your HR headaches disappear while giving you access to premium benefits and insurance plans for drastically less than you could find on the open market.
Specifically, these PEOs handle the nitty-gritty, like the Workers’ Compensation Insurance Administration, providing New York Workers’ Compensation insurance coverage for your employees. They manage your company payroll and ensure compliance with New York employment-related taxes and tax administration. Additionally, they take care of unemployment claims and work diligently to ensure the claims paid are valid under New York laws.
Health benefits are not left out, as they help you obtain and administer a health insurance plan that is both affordable and effective for your group of employees in New York and other required areas. They also review PEO benefit plans in New York to ensure you get the best possible deal. Furthermore, these organizations ensure that your company uses best practices when hiring, firing, and managing your New York based employees, safeguarding HR regulatory compliance.
New York is a funny state; despite being bigger than most, it's defined by a small 13-mile strip of land at its edge. Even if you're based out of Albany or one of the other sizable cities in the area, chances are your work and employees will be affected by the Big Apple - and so will their expectations for salaries and benefits. What's more, the primary reason so much talent is to be found in New York is the employee-friendly nature of the state - high benefits and other forms of non-monetary compensation abound, in addition to versatile HR backbones that make an employee's life easier.
Their gain doesn't have to be your loss, though - nor does "employee-friendly" have to mean "employer-hating." A Professional Employer Organization (PEO Company) can make almost all of the HR headaches disappear while giving you access to premium benefits and insurance plans for drastically less than you could find on the open market.
So, without further ado: for businesses in the Empire States, who are the best PEOs?
Each PEO offers excellent Human Resource services, payroll services, and employee benefits programs, but a few things about each stand out above the rest. A Professional Employer Organization (PEO Company) can make almost all the HR headaches disappear while giving you access to premium benefits and insurance plans for drastically less than you could find on the open market.
Specifically, these PEOs handle the nitty-gritty, like the Workers’ Compensation Insurance Administration, providing New York Workers’ Compensation insurance coverage for your employees. They manage your company payroll and ensure compliance with New York employment-related taxes and tax administration. Additionally, they take care of unemployment claims and work diligently to ensure the claims paid are valid under New York laws.
Health benefits are not left out, as they help you obtain and administer a health insurance plan that is both affordable and effective for your group of employees in New York and other required areas. They also review PEO benefit plans in New York to ensure you get the best possible deal.
Furthermore, these organizations ensure that your company uses best practices when hiring, firing, and managing your New York-based employees, safeguarding HR regulatory compliance.
New York is a funny state; despite being bigger than most, it's defined by a small 13-mile strip of land at its edge. Even if you're based out of Albany or one of the other sizable cities in the area, chances are your work and employees will be affected by the Big Apple - and so will their expectations for salaries and benefits. The primary reason so much talent is to be found in New York is the employee-friendly nature of the state - high benefits and other forms of non-monetary compensation abound, in addition to versatile HR backbones that make an employee's life easier.
This enhanced narrative captures the specific services offered by New York PEOs and paints a broader picture of the cultural and economic landscape, making it more relatable and relevant to businesses operating within or considering entering the New York market.
Here are our Top 5 PEOs in New York
Each offers excellent Human Resource services, payroll services, and employee benefits programs,
but a few things stand out.
Please note that this is not a ranked list because PEOs specialize in different client types.
Finding out which one best suits your needs is as simple as answering a few questions.
Year founded: 2012
Health Insurance Carriers: Aetna, UHC, and Kaiser
Best known for its modern style and intuitive software.
As its more modern name would suggest, Justworks is a fresh newcomer to the field, but don't let their age fool you. In addition to the expected services and benefits programs, Justworks offers a versatile proprietary software solution for managing employees and HR details that is refreshing and modern.
Thanks to their software, their approach to HR is a bit more hands-off than other full-service PEOs, but the savings and increased control are preferable for some entrepreneurs. And they'll gladly step in and provide support if you need it.
Year founded: 2001
Health Insurance Carriers: Blue Cross Blue Shield, UHC, and Cigna
It offers one of the most comprehensive benefits options due to its numerous relationships with insurance carriers.
As seen above, ABO carved out a niche through numerous insurance carrier connections. As a member, you can access a diverse group of far-reaching benefits programs should business take you out of New York, and you're certain to find something that meets your ideal price points and benefits requirements.
Learn more about America’s Back Office
Year founded: 1998
Health Insurance Carriers: United Healthcare and Aetna
Good for firms that like clear-cut cost management and locally-minded service options.
Prestige's differentiating factor is that it's one of the few firms that clearly discloses its admin fees—i.e., profit—to all clients beginning a PEO relationship through us. While Dinsmore/Steele does this for all clients, it's nice to work with a PEO service that maintains that clarity.
This trust makes for an excellent long-term relationship, and Prestige offers plenty of excellent HR solutions and benefits plans to justify that. Prestige is an excellent choice for Financial Services companies -
like Hedge Funds and Private Equity Firms.
Year founded: 2004
Health Insurance Carriers: Aetna, BCBS, and Kaiser
Top choice for a national PEO with numerous options and good tech.
VensureHR offers HR professionals a cloud-based approach to addressing any HR needs. The company offers human resource management tools, such as HR software, HRIS, HR outsourcing, and human capital management. It also provides HR planning advice according to users' business needs.
VensureHR provides payroll administration, employee benefits, risk and compliance, recruiting, and PEO services. Vensure offers companies in NY access to Blue Cross Blue Shield national health insurance plans.
Year founded: 1997
Health Insurance Carrier: Aetna and BCBS
Best known among PEOs for being the first to reach out specifically to small businesses.
Founded by a small business owner after he grew frustrated by how difficult it was for non-heavyweights to get quality HR and benefits, Extensis has grown into a national group with plenty of resources. Despite their success, they've never forgotten their roots. Clients enjoy personalized service invested in their unique situation while accessing a "Fortune 500" level of benefits and resources.
How can a New York PEO help with workers' compensation insurance, payroll tax administration, health benefits, and HR regulatory compliance?
A New York Professional Employer Organization (PEO) supports businesses in various operational aspects.
Here’s how they assist:
Workers' Compensation Insurance: A PEO helps secure workers' compensation coverage for employees, ensuring protection against workplace accidents. They handle your audits and administration and ensure your workers’ compensation codes are correct. This coverage fulfills legal requirements, safeguards employees, and promotes a safer work environment.
Payroll Tax and Unemployment Administration: Navigating payroll and tax responsibilities can be complex. A PEO simplifies this by managing payroll processes and maintaining compliance with relevant New York tax laws. They handle unemployment claims and scrutinize them to confirm their legitimacy, ensuring that only valid claims are processed.
Health Benefits: Another critical service PEOs offer is securing comprehensive and cost-effective health benefits. They work with businesses to find and manage suitable health insurance plans, thus ensuring that both employer and employee needs are met affordably and efficiently.
HR Regulatory Compliance: From hiring to termination processes, a PEO ensures that a business adheres to the best HR practices and complies with all regulatory requirements. This mitigates risks and enhances operational efficiency by keeping the company updated with the latest HR compliance standards.
In essence, partnering with a PEO in New York helps streamline these complex aspects of business management, enabling businesses to focus more on growth and less on backend operations.
What is the purpose of the New York PEO -
Professional Employer Organization Directory?
The New York PEO—Professional Employer Organization Directory is a comprehensive resource for businesses seeking specialized PEO services in New York. Its primary goal is to facilitate companies’ finding well-matched PEOs by providing competitive proposals that align with specific business needs.
This resource-rich directory not only simplifies the selection process through detailed insights into various factors like service range, compliance with regulations, and reputation but also includes updates and pertinent information on the PEO landscape in New York.
So, how do you select a PEO?
When considering a PEO in New York, it’s not just about finding a good deal; it's about finding the right fit for your company's specific needs. The only way to get the best deal on a PEO is to use a broker like Dinsmore Steele, who can cut through the fluff to find you the best PEO for your needs at the absolute best price. Let’s see what we can do for you.
Selecting the ideal PEO involves looking beyond just cost. You need to consider critical aspects such as:
Workers' Compensation Classifications (Work Comp): Different PEOs have varied capabilities in covering specific workers' compensation classifications under their insurance policies. It’s crucial to ensure that your type of worker is adequately covered.
Size—Employee Count: Each PEO has its minimum and maximum client size requirements. Whether based on payroll amounts or employee counts, the right PEO should match your company's size.
Services Offering: From payroll processing to human resources support, including job costing reporting and applicant drug testing, the PEO should offer services that streamline and enhance your business operations.
Health Insurance and Ancillary Benefits: Health plan offerings can vary significantly from one PEO to another. From HMOs to PPOs, finding a PEO that provides affordable and effective health plans for your company is essential.
Reputation and Accreditation: Lastly, checking a PEO's background and integrity is non-negotiable. Ensuring the PEO has a solid reputation and reliable references can safeguard your company against future complications. The PEO should also be an IRS-Certified PEO (CPEO), part of NAPEO and possibly ESAC.
Using a PEO Broker like Dinsmore Steele helps simplify these considerations. They focus on matching you with PEOs that meet these criteria and offer the best value for your investment. Let's ensure that every aspect of your PEO selection is tailored to your business's unique needs and goals.
Over the last decade-plus, we have helped thousands of companies nationwide find the perfect Professional Employer Organization. We are located in New York and have first-hand experience with the best PEOs for various companies at every stage of life.
Dinsmore Steele can significantly enhance how companies manage various vital operations. For Workers’ Compensation Insurance, a PEO can secure employee coverage, ensuring companies meet the legal requirements to protect their workforce in the event of workplace injuries.
In the Payroll Tax and Unemployment Administration realm, the PEO can efficiently manage company payroll processes, adhere to New York's employment-related tax regulations, and handle unemployment claims. This management helps ascertain that only legitimate claims are compensated, safeguarding business resources.
Regarding Health Benefits, a New York PEO can assist companies in navigating the complex process of choosing and administering a cost-effective and suitable health insurance plan for their employees. This involves evaluating various benefit plans available in New York that align with the company's and its employees' needs.
In HR Regulatory Compliance, the PEO ensures that companies follow best practices in the employment lifecycle—including hiring, firing, and ongoing employee management—thus maintaining compliance with New York state laws and regulations. This helps companies avoid legal pitfalls and fosters a stable, compliant working environment. Overall, with the support of a PEO and Dinsmore Steele, businesses can enhance operational efficiencies, remain compliant with state regulations, and provide essential benefits, allowing them to focus more on core business activities.
By using Dinsmore Steele's services, companies can obtain targeted and competitive proposals from various Professional Employer Organizations (PEOs) operating in New York. Dinsmore Steele assists businesses by simplifying the process of gathering proposals from licensed PEOs that operate across multiple states, including major cities like New York City, Brooklyn, Rochester, Buffalo, and Albany.
The process begins when a company submits its requirements through our Request for Proposal (RFP) system. Dinsmore Steele then matches these requirements with the best-suited PEO options, ensuring companies receive proposals tailored to their needs and offer competitive pricing.
The only way to get the best deal on a PEO is to use a PEO Broker like Dinsmore Steele, who can cut through the fluff to find you the best PEO for your needs at the absolute best price.