7 Best PEO Companies in Washington D.C. Compared (2020)
Washington D.C. is the capital city of the USA, and it’s by far one of the best places to do business with lots of opportunities. The city has regulations and laws that are tricky to follow. That’s why you need the services of a PEO company.
You’ll need a PEO that meets your HR needs to take advantage of having a business running in the political center of the nation. There are many factors to check out when selecting the best PEO for your company. That’s why we are providing you with this guide to PEO companies that operate in Washington D.C.
If you want to learn more about Washington D.C. PEOs, keep reading below:
HIGH-LEVEL OVERVIEW OF WASHINGTON D.C. PEO SERVICES:
PEOs offer varying lengths of human resource services in different ways to businesses in the capital city of the nation. You should review the critical points if you want to get the right PEO service provider in Washington D.C.
A good PEO can handle most HR solutions and tackle day-to-day payroll services without burdening your business and its most valuable assets, employees. Some of PEOs services are workers comp management, risk mitigation, tax filings, payroll management, and benefits administration.
FACTORS FOR EVALUATION OF A WASHINGTON D.C. PEO SERVICE
Every primary service of a PEO provider is vital in how well it will provide HR solutions to your business. We have looked at the following services and features when reviewing each PEO in Washington D.C.
- Tax processing
- Payroll processing and payroll taxes
- Health insurance options and support
- Workers compensation insurance
- HR regulation compliance assistance or management
- HR management and consulting support
- Recruiting and onboarding support
- Safety compliance and risk management
- Time, attendance, and productivity tracking tools
- Customer service and feedback
- Additional features and specializations
Washington D.C., being the capital city of the nation, has a large selection of PEOs to choose from, but you need to know the right things to look out for.
BENEFITS OF USING A PEO IN WASHINGTON D.C.
Insurance Cost Savings – Using a PEO comes with bargaining power for negotiating benefits through reduced health insurance costs, and this can save you money.
Less Paperwork – Paperwork is time-consuming, and PEOs can save you time by keeping paperwork to a minimum.
Compliance and Legal – A PEO can advise and handle all compliance and legal issues that are tricky to follow for your Washington D.C.’s business.
FAQ ABOUT PEO COMPANIES IN WASHINGTON D.C.
What is a PEO? – A PEO (Professional Employer Organization) provides a business with a platform where they can outsource their HR tasks, such as employee and personnel management. They manage businesses’ payroll, employee wellness programs, onboarding new employees, tax forms and payments, insurance, and many other benefits.
What Are the Benefits of Using a PEO? –PEOs have a lot of advantages to your business, such as offering benefits to your employees, using their time-saving tools, risk-aversion practices, and HR compliance management.
How Much Does It Cost to Use A PEO in Washington D.C.? – A business in Washington D.C. will attract an annual fee of $1000-$2000 per employee to use a PEO service provider.
How Does a PEO charge? – PEO usually charges the preferred straight admin fee or a percentage of the overall payroll per employee.
Does it Cost Money to Switch to a PEO? – For most PEOs, a switch costs about $1000 to $15000.
How Long Does It Take to Get Started Once I Choose a PEO? – On average, a PEO can take four weeks to get started, but there are times when it can go up to six weeks.
Can I Get Health Insurance for Myself and My Family as the Founder? Yes, but it depends on the HR support you need and the PEO company you choose to work with.
As the Founder, Should I Pay Myself Using a PEO? – Depending on your business setup, you can pay yourself, but it’s infrequent.
Is There Anything Special to Consider When Looking at Washington D.C. PEOs? – Washington D.C. has a lot of strict regulations and laws, and that’s why you need a PEO provider that can abide by them while still offering HR solutions to your business.
What is the Best PEO in Washington D.C.? – It all depends on why you’re looking for a PEO provider and the type of business. Check out our state-based PEO guide here.
We know it can be quite hard to choose the best PEO for your business in the capital city, Washington D.C. Feel free to reach out to talk to our PEO specialists, or you can fill your business details in the comparison tool above for quick help.