Is Zenefits a good company?

It’s one of the best-designed HR software solutions for startups and small businesses. The Zenefits option would be better used by larger companies because of its emphasis on an advanced approach to benefits and general HR, its access to payroll and navigation tools, and its generous capacity.

Is Zenefits worth it?

For small businesses that are growing and looking for an HR/BA system, Zenefits is worth a gander. However, there is much to like about this payroll and HR platform, especially for a small business owner wanting an easy and all-encompassing DIY HR program.

Is Zenefits safe?

We take data security and privacy extremely seriously at Zenefits. Our ‘security and privacy by design’ approach to product development keeps your data safe and you in control.

Which is better gusto or Zenefits?

Zenefits is more of an HR platform that offers payroll as an add-on service. Zenefits is a cheaper option for very small businesses, but as your business scales, Gusto is more cost-efficient. Overall, Gusto is your best option if you’re looking for a low-cost and easy-to-use platform for processing payroll.

Who are Zenefits competitors?

Zenefits competitors include BambooHR, Gusto, Businessolver, TriNet and Justworks. Zenefits ranks 3rd in CEO Score on Comparably vs its competitors.

Who bought Zenefits?

Zenefits, once worth $4.5 billion, has completed a financing deal with private-equity firm Francisco Partners that gives the investment firm control of the company, Forbes has learned. The effective acquisition, the exact dollar figure of which remained unclear, represents quite a comedown for the one-time highflier.

Who competes with Zenefits?

Does Zenefits process payroll?

By syncing with our Time and Scheduling tools, the Zenefits payroll system automatically calculates the proper amount to pay hourly employees. As soon as an employee is onboarded, their data syncs with payroll, which makes the right deductions without missing a beat.

Does gusto integrate with Zenefits?

A spokesperson from Zenefits told Accounting Today, “Zenefits still has an integration with Gusto for payroll.” It technically does, but the integration will no longer support onboarding a new employee, changes in employee bank or tax details, exemptions or employee salary changes.

Who are Gusto’s competitors?

6 Gusto Competitors for Small Businesses in 2022

• Quickbooks Payroll.
• Square Payroll.
• Justworks.
• Paychex Payroll.
• Wagepoint.
• Coastal Payroll.

How much is Zenefits worth?

Financials. Zenefits has been valued as high as $4.5 billion; it has received $583 million in venture-capital funding from investors such as Andreessen Horowitz, Venrock, TPG, I.V.P., and Fidelity.

Is Zenefits a PEO?

So, is Zenefits A PEO like tool when it comes to HR? Plus, Zenefits offers no payroll management. A PEO does. If you are going to work with Zenefits on your employee benefits and HR management, you are still going to have to work with another company when it comes to payroll.