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TriNet is one of the largest PEO providers in the industry and provides a homegrown end-to-end technology solution. TriNet is segmented by industries, so support and knowledge can be tailored to their customers. Additionally, due to their scale, they can provide clients with some of the best benefit programs and benefit rates in the market.
TriNet falls under the PEO umbrella. which means the system works best for companies with between 5 and 85 employees. PEOs are designed for small businesses as a way to bundle their HR, compliance, payroll and benefits needs into one comprehensive solution. PEOs charge high administrative fees to businesses for the suite of services they provide, but those costs can often be offset by better benefit rates and reduced back-office headcount. Additionally, a PEO can be quite restrictive for businesses that want to design their own employee experience and policies, so many companies tend to outgrow PEOs when they have 50-100 employees.
TriNet charges companies on a monthly or quarterly subscription basis. Depending on your modules, outsourced services and the size of your company, TriNet's admin fees can cost between $100 and 140 PEPM.
These fees cover the software, the outsourcing and give companies access to more competitive benefit plans and benefit rates.