Multiplier vs Paychex PEO

Multiplier simplifies the complexities of hiring and managing an international workforce by partnering with your organization and assuming responsibility for various administrative tasks. This includes managing full-time employees and independent contractors, handling payroll, benefits administration, and other essential functions in over 120 countries. The platform also offers employee self-service capabilities for tasks like viewing payslips, managing time off, and making expense requests. Additionally, Multiplier aids in compliance with local regulations and expense management for global operations. Their responsive customer service, various integrations, and comprehensive support make them a leading choice for businesses seeking a streamlined international PEO platform or an Employer of Record (EOR).

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.