Choosing the right North Carolina professional employer organization (PEO) for your limited liability company (LLC) is an incredibly important decision.
The right PEO will free up a lot of energy and brain space by handling all of your human resources tasks and paperwork, which leaves you free to focus on other important tasks filling your to-do list.
The wrong PEO will cost you more money and stress than it’s worth, leaving you without the financial and mental resources you need to properly manage your business.
I analyzed more than 900 different professional employer organizations (PEOs), then investigated the top 15 and reviewed the top 9 to identify the best North Carolina PEO.
But before I get into that recommendation, you should know something.
The Best PEO Isn't Always the Right PEO
It required countless hours to analyze more than 900 different PEO companies to eventually identify the highest-scoring professional employer organization across a variety of metrics. But just because a company has the highest overall score doesn’t mean that it will be the best PEO company for your business.
- Some professional employer organizations have extensive experience with specific industries and can therefore provide businesses in those industries with benefits and support unique to them.
- Some professional employer organizations have developed good relationships with insurance providers, which means they can offer better health insurance and employee benefits packages, and reduced insurance costs.
- Some professional employer organizations specialize in compliance, which means they can offer products and services to ensure your company meets both state and federal compliance guidelines.
There’s only one way to make sure you find the right North Carolina PEO for you: compare the key features of each professional employer organization to the unique needs of your company. This is the only way to make sure that you’re not only getting the best-scoring overall PEO, but the PEO that scores the highest according to criteria that’s important to you.
If you’d like a free business analysis to tell you more about your circumstances and needs, as well as a free North Carolina PEO recommendation, then fill out the form below. Within 24 hours, I’ll contact you with your free business analysis and North Carolina PEO recommendation.
But if you’re just here to find out about which PEO got the highest overall score, here are my best North Carolina PEO recommendations.
Frequently Asked Questions
How much does it cost to use a PEO?
The price of a PEO can vary widely depending on a number of different factors. This can include the PEO you choose, the services you use, the employee benefits you offer, and the number of employees you have. But on average, $1,000–$2,000 per employee per month is a good base number to start with.
How does a PEO charge?
There are two different fee structures used by PEO service providers: flat fee or percentage of payroll.
A flat fee structure charges you a set amount per employee. This is a good option for any business that requires a high level of certainty around their monthly billing.
A percentage of payroll structure is where the PEO charges you a percentage of the wages you pay your employees per month. This is a good option for employers in low-wage industries.
How long does it take to get set up with a PEO?
The setup process for any small business with PEO service providers takes time. They need lots of paperwork from your end and then need to file plenty more with government authorities to get you up and running.
This process can take anywhere between three and six weeks but on average, it usually takes four weeks.
Does it cost to change PEOs?
There are no specific exit fees associated with any of the PEOs we’ve recommended in this article, but due to the extensive setup process, every PEO charges a setup fee. This means that if you decide to leave your PEO for a new PEO, you won’t be charged anything to leave but you will have to pay the setup fee with the new PEO.
