Insperity PEO Services Review and Pricing

Why We Chose Insperity for SMBs

We were impressed by Insperity’s breadth of HR services and features. SMBs can choose from services like payroll processing, payroll tax filing, employee benefits management, talent development, administrative HR functions and HR compliance assistance. Additionally, we like that Insperity offers a wealth of employee training resources, including thousands of courses and e-learning materials. These educational options are ideal for SMBs that want to develop their employees. In addition to its top-notch services, Insperity is easy to use, offers online and mobile access and has stellar customer support. 

Since Insperity offers customized HRO service plans, businesses can easily create a plan with services that fit their needs and modify it as their priorities change. We also like that businesses can partner with Insperity as a PEO, taking advantage of its co-employment model and bundled services. Since Insperity offers HRO and PEO options, organizations can quickly scale between the two models as needed.

For these reasons and more, Insperity is our choice for the best PEO and HRO for SMBs.

Users can navigate Insperity’s employee dashboard easily to view essential employee information. Source: Insperity

Ease of Use

We like that Insperity provides small businesses with simple and effective PEO services. Transitioning to a new platform or service can be arduous and time-consuming. However, we found partnering with Insperity to be quick and efficient. Once you decide to use Insperity’s services, getting integrated can take as few as 30 days. The intuitive, cloud-based platform makes it easy for administrators, managers and employees to tap into an array of services from a computer or mobile device.

During testing, we found Insperity’s platform to be well-designed and straightforward to use and navigate. Users can access and modify important information from the online portal, including time and attendance data, time-off requests, compensation details, 401(k) contributions, insurance information and training courses. This online portal is an excellent way for small businesses to keep all their HR functions in a central location.

We like that Insperity users can access over 50 standard HR reports or build custom reports to meet their needs. These capabilities are similar to other HR services we reviewed. Reporting functions can be quite valuable to SMBs; tapping into reports and data analytics can reveal much about your organization and make it easier to get a full view of performance and productivity.

The Insperity mobile app gives employees easy access to pay stubs and benefits information. Source: Apple App Store

Insperity Features

Insperity offers a comprehensive suite of HR functions that can be scaled to meet your business’s needs. Its PEO solution (the Workforce Optimization plan) bundles most of these services, while its HR outsourcing solution (the Workforce Acceleration plan) lets you choose some services a la carte and doesn’t have a co-employment model.

Here’s a look at some of the PEO features and services Insperity offers.

HR Services

We found Insperity’s HR management services to be comprehensive, helping businesses without an internal HR department handle all HR tasks, including the following: 

• Applicant tracking: If you add Insperity’s applicant tracking features, you can access job posting templates and job boards, customize application and interview questions, filter candidates and manage an employee referral process.
• Onboarding: We like that Insperity offers paperless onboarding with a simple wizard. This allows new hires to be integrated into an organization quickly and accurately, saving your team hours they would otherwise spend doing data entry during the hiring process.
• Employee data management: We were impressed that Insperity manages each employee’s data throughout their tenure and assists in nearly any HR service, from onboarding to offboarding. This comprehensive employee management is ideal for growing SMBs. 
• Administrative HR tasks: Insperity can also help with administrative HR tasks, such as interviewing and training employees, verifying employment eligibility, creating job descriptions for open roles, creating drug-free workplace policies and writing employee handbooks. These services are on par with those of other HR solutions we examined. 

Employee Benefits

Often, PEOs provide the best benefits because they can negotiate excellent rates. Insperity’s employee benefits are on par with those of other PEOs and HROs we reviewed. For example, Insperity offers:

• Medical, vision and dental plans
• Short-term and long-term disability
• A comprehensive 401(k) retirement plan
• Health savings account (HSA) and flexible spending account (FSA) options
• Life and personal accident insurance
• Employee assistance programs

We also appreciate that Insperity offers end-to-end benefit plan management and administration and can help with COBRA administration and Affordable Care Act compliance.

We were impressed that team members can use Insperity’s employee self-service online portal to modify their benefits as needed. We also liked the ALEX tool ― an interactive support tool on Insperity Premier that helps employees choose benefits. Additionally, Insperity has incorporated AI into its benefits enrollment process, which can help employees make informed, personalized benefits decisions.

Insperity offers comprehensive health benefits for SMBs. Source: Insperity

Payroll and Taxes

To use Insperity’s PEO or HR outsourcing services, you must enroll in the company’s in-house payroll processing solution, which includes online payroll and pay stubs, direct deposit and a general ledger interface. The company also handles all federal, state and local payroll tax filings, regardless of where you operate. 

Additional highlights include: 

• Garnishments: We appreciate that Insperity professionals track wage garnishments, such as student loans, levies and child support and remit them to the correct agency. Not every PEO or HRO we reviewed handles garnishments.
• Time and attendance features: We also like Insperity’s time and attendance capabilities, which help ensure you pay your employees accurately. The system tracks hours worked, paid time off and discrepancies. Employees can utilize the self-service portal to update banking information, submit time-off requests, access W-2s and review and print check stubs and tax forms.

Insperity helps businesses process payroll and file payroll taxes with ease. Source: Insperity 

Risk and Compliance

Legal compliance and risk management are significant hurdles for SMBs, especially those operating in multiple states. We like that Insperity helps you stay compliant through the following:

• Liability management training
• Federal Credit Reporting Act and “Ban the Box” guidance
• Equal Employment Opportunity Commission services
• Workers’ compensation claims management
• Hazard and safety review and training 
• Employment practices liability insurance
• HR-related government reporting and auditing

We were impressed that Insperity can review company policies and provide details on which (if any) problems must be addressed. Not every HR service we evaluated offers this feature. An Insperity HR specialist can advise on topics like terminating an employee legally to help businesses avoid wrongful termination issues. Insperity will also assist with unemployment claims.

Training and Development

Insperity excels with its employee professional development resources and offers more training options than many competitors we reviewed. When your business partners with Insperity, you’ll have access to the following: 

• Learning and development resources: Insperity provides more than 6,500 learning and development resources, including over 300 self-paced online courses and other e-learning materials like videos, e-books, book summaries, HR forms, podcasts and white papers. 
• Instructor-led training: We also like that users can access instructor-led virtual training and continuing professional education and development units for select courses. 
• Targeted training: Insperity offers targeted training in workplace harassment prevention, HR compliance, communication, customer service and leadership. Course completion tracking is included. 
• Performance management tools: For businesses that need performance management support, Insperity offers a performance appraisal tool that lets you customize your review and rating systems. You can access performance management templates, goal-setting tools and additional guidance. We like that Insperity also offers AI-powered tools to help managers provide actionable feedback. This is ideal for those looking to streamline their performance management process in a way that boosts productivity and employee growth.

Insperity training resources include professional information technology and business certification support. Source: Insperity

Insperity Pricing

Insperity creates custom quotes based on a business’s specific needs. While we’d prefer to see transparent pricing, this is common among competitors in the PEO space. For specific pricing information, contact Insperity directly to discuss the services you need. 

However, we do like that Insperity doesn’t require long-term contracts. A standard client service agreement for a business with fewer than 150 employees is typically one year. However, you can cancel with 30 days’ notice and there are no early termination penalties or fees. 

Here are Insperity’s options:

• Workforce optimization: If you want to partner with Insperity as a PEO (with a co-employment model), you can take advantage of its Workforce Optimization plan. This model bundles specific features like payroll and HR services, but you can add select benefits like 401(k) plans. Notably, you must have a minimum of five employees to qualify for Insperity’s PEO services. However, you may be able to work around this minimum (with approval) if you meet certain criteria.
• Workforce acceleration: If you want to partner with Insperity as an HRO (without a co-employment model), you can take advantage of its Workforce Acceleration plan. With this model, you are still your employees’ employer of record. Insperity provides its platform for payroll and HR guidance and expertise. Benefits, workers’ compensation and other types of business insurance can be added to this model.

Implementation and Onboarding

We found Insperity’s implementation and onboarding process relatively straightforward. Once you sign up, you’ll work closely with an Insperity account executive to get your company and team onboarded correctly. Once the paperwork has been processed and your company’s information has been moved onto the Insperity platform, you can start accessing your services. We found the HR software and PEO software to be intuitive, making it simple to get employees up and running with the new system quickly.

We appreciate that Insperity offers a wide range of resources and tutorials if you need more information. Business owners and employees can log in to their Insperity portal to access and modify essential information, including hours worked, time-off requests, pay stubs, 401(k) contributions, HSA and FSA details and training courses. This is a great way for businesses to keep all their HR functions in one location.

Customer Service

We like that Insperity is accredited by the Better Business Bureau and has an A+ rating. It also maintains ESAC and IRS accreditations ― a testament to its service quality.

• Channels: Insperity offers phone support from 7 a.m. to 7 p.m. Central time, Monday through Friday. You can also send an email or submit a message via the website. We like that Insperity has separate phone numbers dedicated to particular needs, such as time and attendance, organizational planning and performance management, ensuring you connect with someone who can help with your issue. We found this to be a valuable resource for SMBs with specific questions.
• Dedicated experts: We were impressed that Insperity provides a dedicated service team with experts in each area, like HR management, payroll, benefits, performance and safety. Insperity also sets you up with a point person (client liaison) to facilitate your services and connect you with various experts according to your needs. These customer support resources are on par with ― and often exceed ― those of many competitors we reviewed.
• Online resources: For general HR information, Insperity’s website offers several resources, including a blog, case studies, demos, e-books and webinars. 

Insperity’s online resources include articles, blogs, e-books and webinars. Source: Insperity

Limitations

Insperity is an excellent, flexible HR solution. However, we discovered some potential drawbacks:

• Five-employee requirement: One potential limitation of Insperity is the five-employee requirement for Insperity’s PEO service. While this isn’t a deal breaker for every business, it’s something small business owners must consider when looking for the right PEO. Insperity may be able to provide services to businesses of all sizes, but they may not be services tied to the company’s co-employment model. If you are looking for a PEO that can accommodate fewer employees, check out our review of Justworks. Its PEO platform requires a minimum of two enrolled employees.
• No pricing information online: Insperity’s lack of transparent online pricing may be a limitation for some companies. Transparent online estimates give SMBs a better idea of whether a service will fit their budget. If you want an HR solution with transparent online pricing, read our review of Deel.

Methodology

We researched and analyzed dozens of the best PEO service providers and the best HROs to identify the top human resources outsourcing solutions. We examined pricing, contract requirements, bundled vs. a la carte features, minimum requirements, employee benefits administration, time tracking tools, payroll processing and taxes, administrative HR functions, talent management features, integrations, legal risk and compliance assistance, accreditations and customer service.

We watched product videos and conducted demos when possible. When looking for the best PEO and HRO solutions for SMBs specifically, we prioritized pricing and contract requirements, scalability, comprehensive HR functionalities, usability, compliance assistance and customer service. Learn more about our methodology.

Bottom Line

We recommend Insperity for …

• SMBs that want to outsource some or all of their HR functions.
• Companies that want access to thousands of training courses and resources.
• Companies looking for an experienced and supportive HR outsourcing solution.

We don’t recommend Insperity for …

• Companies that have fewer than five employees.
• Companies that need transparent online pricing.