Insperity Review – Services, Advantages, Costs, and History
Insperity Review: A Comprehensive Look at the Company and Its Services
Insperity is a leading professional employer organization (PEO) and human resources (HR) service provider that helps small to medium-sized businesses by offering a comprehensive suite of services. In this review, we will delve into the company’s history, discuss its advantages and disadvantages, explore the services they offer, and share some customer feedback.
Founder: Paul J. Sarvadi
Headquarters: Houston, TX
Revenue: 1.72 Billion
Founded in 1986 by Paul J. Sarvadi and Pat W. Ryan, Insperity (formerly known as Administaff) has grown over the years to become a reputable HR outsourcing company. Headquartered in Kingwood, Texas, the company now serves more than 100,000 businesses across the United States, with more than 3,500 corporate employees.
- Comprehensive HR Solutions: Insperity offers a full suite of HR services, including payroll processing, benefits administration, workers’ compensation, risk management, and government compliance assistance. This allows businesses to focus on their core operations while Insperity handles complex HR tasks.
- Scalable Services: Insperity’s services are designed to grow with a company, which means businesses can scale their services as needed without having to search for new HR service providers.
- Access to Expertise: Insperity’s team of HR professionals has vast experience in the industry, providing clients with access to a wealth of knowledge and guidance.
- Cost: Insperity’s pricing is not transparent, which can make it difficult for businesses to budget for their services. It is worth noting that the company offers customized pricing based on the needs of each client, which could lead to varying costs.
- Limited International Support: Insperity’s services are primarily focused on businesses in the United States. Companies with international operations may need to consider alternative HR service providers to meet their global needs.
- Workforce Optimization: Insperity’s flagship service combines HR administration, benefits, payroll, and risk management into a comprehensive package. This offering is designed to help businesses minimize risk and reduce administrative burdens.
- Human Capital Management: This service includes talent acquisition, performance management, and employee training and development to help businesses manage their workforce more effectively.
- Time and Attendance: Insperity offers a time-tracking solution that integrates with its payroll services, ensuring accurate timekeeping and compliance with labor laws.
- Payroll Services: Insperity’s payroll services include payroll processing, tax filing, and employee self-service portals for accessing pay stubs and W-2 forms.
- Employee Benefits: Insperity provides benefits administration services, including health insurance, retirement plans, and other employee perks.
- Government Compliance: Insperity helps businesses stay compliant with labor laws and regulations, offering assistance with EEO reporting, OSHA requirements, and more.
How Much Does Insperity Cost?
From some research, we have determined that the base rate most likely starts at around $85 per employee. As previously mentioned, Insperity’s pricing is not transparent, and they offer customized pricing based on the specific needs of each client. To get a better understanding of their cost structure, it is best to contact the company for a consultation.
Customers have praised Insperity for its knowledgeable and responsive team of HR professionals, as well as the convenience of having all their HR needs managed by one provider. Some customers have reported concerns about the cost of Insperity’s services, but overall satisfaction with the quality of the services offered seems to outweigh the pricing concerns.
Insperity is a reputable HR service provider that offers a comprehensive suite of services, making it a one-stop-shop for small to medium-sized businesses. Despite the lack of transparent pricing and limited international support, the company’s expertise and scalability make it an attractive option for businesses seeking to streamline their HR processes.