Amplify PEO vs CoAdvantage PEO vs Oasis PEO vs Paychex PEO

Amplify HR is a PEO that provides human resources and payroll services to small and medium-sized businesses (SMBs). The company was founded in 2018 and is headquartered in Lincolnshire, Illinois. They help each of their client's businesses and employees grow by handling the administrative aspects of HR, payroll administration, risk management, employee benefits administration, workers' compensation, and compliance. They use a cloud-based technology portal to deliver their services, like payroll information, benefit deductions, and time clock information. They claim that their clients experience 32% faster growth and 21% cost savings and that it saves companies an average $1,185 per employee per year. They do not share specific solution plans or pricing on their website, so prospective clients have to submit a form to be contacted.

CoAdvantage is a PEO that was established in 1997 and headquartered in Bradenton, FL. It has become one of the leading PEOs operating nationwide throughout the US, serving approximately 4,500 clients representing over 90,000 employees. They promote themselves as HR experts who work with small businesses needing a comprehensive suite of outsourced business solutions such as human resources, employee benefits, payroll processing, tax compliance, workers' compensation, and core HR functions. It's unclear if they also offer their services to medium-sized companies. Their clients highly rate their services and appreciate their attention to detail and dedication to customer service. They don't specify any plans or pricing on their site, and prospective clients have to submit a form for a free consultation. CoAdvantage has grown organically and by integrating acquisitions to become one of the largest private PEOs in North America. With CoAdvantage, businesses can focus on what matters most - growing their bottom line while providing excellent employee benefits.

Paychex acquired Oasis Outsourcing in 2018 for $1.2 billion in cash. Oasis Outsourcing was an ESAC-accredited human resources services company based in Florida that offered services in human resources, employee benefits, and payroll processing. The acquisition was about building revenue, and Paychex aimed to grow its human resource outsourcing capability and extend its technology to a new client base as part of the acquisition. While Oasis initially operated as its own entity, it is now fully part of the Paychex brand as one of the available solutions in "Paychex HR."

Paychex is a leading supplier of comprehensive human capital management systems for payroll, employee benefits, human resources, retirement plans, and business insurance services in the US and Northern Europe. Paychex, Inc. (NASDAQ: PAYX) was founded in 1971 and has more than 730,000 client companies, mostly small to medium-sized businesses but also larger businesses. They are considered one of the top companies in their field, claiming to pay 1 in 12 employees in the private sector. They offer three package categories tailored to fit a business's size and needs, with flexible payment options. They also boast easy-to-use online services and expert consultants that ensure proper federal and state compliance and can get you valuable tax credits and phone and online support. Paychex services vary according to the organization's needs and size, with a base monthly cost of $39 plus $5 per employee.