BBSI vs Velocity Global

BBSI (Barrett Business Services Inc.) is a PEO founded in 1972, starting out as a staffing company. BBSI, which is also its symbol on NASDAQ, is headquartered in Vancouver, WA. It provides its services to small and medium-sized businesses (SMBs) spanning eight industries. They serve all 50 states in the US, with offices in 14 states. Their services include business strategy, HR consultation, risk and safety, payroll administration, workers' compensation, staffing and recruitment, employee benefits, retirement benefits, and various technology solutions. With a team of people who meet with clients on-site to understand their culture and dedication to establishing a safe workplace, BBSI provides businesses with customized services. They do not specify plans or pricing on their website, preferring prospective clients to contact them so that they can "create a pricing structure that fits their needs." They are certified by the Employer Services Assurance Corporation (ESAC), whose accreditation is considered the gold standard for PEO reliability and financial assurance. They have repeatedly earned the yearly "Great Place to Work" certification.

Velocity Global is a technology company focused on human resources services. It was established in 2014 and is located in Denver, Colorado. The company provides a wide range of administrative services to businesses in 185 countries. They specialize in Employer of Record (EOR) features for companies not legally established in their countries of employment. They also function as an international PEO that takes on many of the administrative tasks of running a company with a global workforce. Their services include compliance support and expert advice. They aim to support every member of your team, no matter where they are located. Velocity Global offers a well-integrated SaaS solution that provides HR, hiring, payroll, benefits, risk management, and compliance services for international companies on one convenient platform. Although they have no service awards displayed online, Velocity Global has a good industry standing on the international stage. However, they lack the industry credentials of US-based providers. They are not members of the National Association of Professional Employer Organizations (NAPEO), are not accredited by the Employer Services Assurance Corporation (ESAC), and are not certified by the IRS. Velocity Global has a B- rating from the Better Business Bureau (BBB), but they are not BBB-accredited. However, they garner mostly excellent client feedback that praises their software's ease-of-use and generally responsive customer service, some say that current job restructuring has resulted in longer support wait times.