4 ms·

This must be a really rough thing to go through, but I am sure Parker is doing what is best for the company at this time (whether it was forced on him or volunt

• chetanahuja 11y ago
  "Zenefits is the greatest thing to happen to SMB's in years" Not sure about that. We tried working with Zenefits for our benefits and their agents screwed up so many times while trying to onboard our small team that we got alarmed and went with another provider (who ended up being a lot cheaper too).
  • Riod 11y ago
    Curious, who would that provider be? We are a smallish company too
    • chetanahuja 11y ago
      Trinet.
      • outericky 11y ago
        It is my understanding that in order to get those lower price Trinet becomes the employer to your employees, therefore they can get a huge discount on group rates. However, your employees technically now work for Trinet, not your company. While perhaps ok at a small scale, as you grow, that's not exactly a great position to be in.
        • zifnab06 11y ago
          I have something useful! Previous company had the following in their contract: TriNet Group, Inc. (“TriNet”): The Company’s payroll and other human resource management services are provided through TriNet, a professional employer organization. This arrangement between the Company and TriNet means that TriNet will be considered your employer of record for payroll and human resource management purposes and your managers here at the Company will be responsible for directing your work, reviewing your performance, setting your schedule, and otherwise directing your work at the Company. This means that the Company and TriNet are co-employers, and you are technically a “co-employee”. As a “co-employee” of TriNet, you will be required to accept the policies and procedures set forth in TriNet’s Terms and Conditions Agreement (“TCA”). More or less: income came from TriNet, insurance/benifits all came from TriNet, but I technically worked for $company.
          • outericky 11y ago
            However they spin it, technically you worked for TriNet. TriNet probably has some professional services agreement with your company that pays what it costs to employ you (salary, taxes, benefits), but your W2 says TriNet.
            • morgante 11y ago
              I don't see what the actual problem is with that. Until you reach scale (hundreds of employees), there's not a problem.
              • ogsharkman 11y ago
                Yeah, and at that point you probably won't be using TriNet anymore.
          • jbreitwieser 11y ago
            Hi there - Jock Breitwieser here; director corporate communications at TriNet. TriNet is a Professional Employer Organization (PEO). As a PEO, we enter into a so-called co-employment with our clients. Here's an overview: https://en.wikipedia.org/wiki/Professional_employer_organization https://en.wikipedia.org/wiki/Professional_employer_organiza... http://www.trinet.com/company/news_and_press/resources/peo_fact.htm http://www.trinet.com/company/news_and_press/resources/peo_f... Through this co-employment, TriNet becomes the employer of record for the 314,000+ employees of its 12,000+ clients (as of 9/30/15). Because this co-employment gives a PEO significant scale, the PEO can offer its clients services/rates that a smaller company with less employees can never access. In addition, through the co-employment model, a PEO also has 'skin in the game' with compliance issues, because everything is reported under their FEIN number. Hope this helps. Happy to explain more or give you additional (independent) resources. jock.breitwieser AT trinet DOT com
  • exw 11y ago
    We ended up going with Trinet as well after looking at them. If you look what Zenefits is really doing, they appear to be just another rent seeker - their entire goal seemed to be to get you to use their software, and in exchange become the insurance agent of record vs. cutting the actual cost of the insurance.