What are the costs associated with using TriNet?
The costs associated with using TriNet can vary based on several factors, including the size of the business, the industry in which it operates, the specific services chosen, and any additional features that may be included in a package. TriNet operates as a Professional Employer Organization, or PEO, providing comprehensive HR solutions such as payroll, employee benefits, risk management, and compliance assistance.
Typically, TriNet charges a percentage of payroll for its services, which is generally in the range of about five to ten percent. However, this can be subject to negotiation based on the unique circumstances of the business and the specific services provided. In addition to the percentage of payroll, there may be some base fees, depending on the level of service chosen and the number of employees covered. Furthermore, additional costs might arise if a business opts for specialized services such as enhanced benefits plans, HR consulting, or technology solutions.
Businesses should also account for any fees associated with specific employee benefits like health insurance premiums, as these can substantially influence the overall cost. It is recommended to visit TriNet's official website or contact them directly for detailed pricing structures and the options that best suit particular needs. This will ensure that businesses have the most current and accurate information regarding costs.
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