Compare PEO and Idomeneo -

COMPARE with PEOs

Idomeneo

Idomeneo is a full service, concierge HR, benefits and payroll consultancy. Pairing cutting edge tech with best in class HR expertise, we put the human back in human resources.

Pricing

Idomeneo

Idomeneo takes a transparent, all-in approach to pricing.

Our flat, subscription based pricing means you won’t be charged by the hour, or get surprised by unpleasant ‘add on’ fees.

PEO

PEOs embed administrative fees that are, in most cases, impossible to decipher and quite high.

HR Support

Idomeneo

Our job is to advise you of best practices, tell you where we see threats or exposure, give you all the information, so you can make a reasoned decision.

And, once the decision is made, well then our job is to do everything possible to back you up. Craft the policy so it will withstand audit scrutiny, develop a practice that keeps everyone happy, roll out the process, basically execute on your vision.

What is not our job? Well, it’s not our job to tell you what to do.

You didn’t get to a leadership position by being told what to do.

PEO

PEOs market themselves as the all in solution, the employer of record, they will take the liability off your plate.

It all sounds good, but that isn’t the way the regulatory agencies see it. With a PEO, you become a co-employer. You still have all the liability exposure, but now you have the pleasure of having someone look over your shoulder, telling you what you can and can’t do with your employees.

Lose the authority and retain the liability – that doesn’t sound like a win win to us.

Payroll

Idomeneo

Running payroll – it’s a necessary evil.

Pulling timecard reports, uploading to the payroll system, creating deduction codes, setting up taxes. No matter how easy the payroll system makes the process, it is still a process. A process you are expected to handle.

Payroll is more complicated than it looks, and critical to get right. You need someone to manage and execute on the whole payroll process, and can deal with the one off situations (workers comp audit, anyone?).

We take on all aspects of the payroll process – and you get to use the extra time to grow your business.

PEO

A good payroll platform is nice. But with a PEO you are still stuck doing all the work.

Transferring the time, inputting payroll data, running the processing, checking the payroll register, dealing with garnishments etc.

You may think “oh, it only takes a few minutes of my time”, but isn’t there something better you could/should be doing with those few minutes.

And, what of the expertise that is takes to evaluate and properly process payroll. Mistakes can be costly – that’s why you need a payroll specialist taking on this task.

Benefits

Idomeneo

We agree, selecting and enrolling in insurance plans should be effortless, and just a matter of a few clicks. But right now, it isn’t.

Choosing the right coverage for employees and their families requires the right information, expert guidance, personalized answers, great communication, and yes, the ease and clarity of a good technology solution.

We have the tech – but more importantly, we have the people. Idomeneo’s insurance brokers are employees of Idomeneo Insurance Services, part of the Idomeneo family of companies – they are fully integrated in the services we offer, and the nuances of your business.

We offer just the right programs to meet your business objectives and budget.

Oh, and if you have a broker and/or plan that you like, you can keep either or both. We take pride in the fact that we can and will, work with anyone who is working for your best interest.

PEO

With a PEO, you get what they offer.

They have partnered with specific carriers, and you must enroll in plans offered by those carriers. Want a different provider, or different coverage – sorry, that option is not available for you.

And if you are concerned about the cost of offering ‘big company’ benefits (and who isn’t) – just remember, you can generally select a suite of benefit options, better suited to your needs, at a comparable price.

Tech

Idomeneo

Beautiful technology is great, but what good is excellent tech if you’re stuck doing data input?

Other companies offer ‘seamless integration’ and the opportunity to streamline onboarding, benefits, payroll etc. with an intuitive platform. But, you are still expected to initiate the process, input the data, and be the administrator for the system.

We believe you deserve all the ease of seamless technology, and none of the hassle.

We manage the tech, we maintain the data, we run the reports. You – get what you need, when you need it.

PEO

While PEOs widely vary in their offerings – they generally build on top of dated payroll systems.

Attaching bits and pieces of tech offerings as they come along, the systems are cumbersome, confusing, slow, lack mobile applications and a user friendly interface.

And because payroll systems are backward looking, it is very difficult (if not impossible) to get current information or future projections.