Comparisons
Corban OneSource vs. Insperity
How does HR Outsourcing differ from a professional employer organization?
Midsized companies across the United States are often looking for and partnering with a qualified HR outsourcing firm. Your company is growing, but budget restraints still dictate care around funding non-revenue generating positions. This leads many organizations to consider offloading this work to a credible agency while getting cost-savings benefits. It is important to thoroughly evaluate several possible HR outsourcing partners to find the firm that will support your HR needs and company growth the best. Let’s compare Corban OneSource HRO with Insperity PEO.
What is Insperity?
Insperity is a Professional Employer Organization (PEO) that offers HR, payroll, benefits, and compliance services for businesses of varying sizes. While they boast serving midsized companies as their core clients, they offer services for small businesses all the way to enterprise level. Their HCM technology is primarily centered on their proprietary technology, HRCore™, but they also partner with Workday when appropriate.
Value proposition: Insperity offers a fully driven HR infrastructure where you can plug and play, becoming a co-employer and assuming some level of liability.
What is Corban OneSource?
Corban OneSource is a Human Resources Outsourcer (HRO) that offers benefits, payroll, and HR services for midsized companies. As a boutique, they offer human-driven services and white glove treatments for their clients while alleviating administrative burden and managing day-to-day tasks of the HR department. While not offering proprietary software, they are a Managed Services Provider (MSP) who manages your ADP Workforce Now or Paylocity HCM.
Value proposition: Corban OneSource manages your day-to-day HR tasks, removing your administrative burden and allowing you time to focus on strategy and growth.
Service Model Comparison
With one firm being a PEO and the other an HRO, there are very distinctive differences in how they attach to your organization.
Insperity (PEO) As a co-employment model, your employees are employed both by you and Insperity, with payday executed under Insperity’s tax ID. They create an entire HR ecosystem, providing benefits, technology, and sharing some responsibility. Your HR department loses a level of autonomy, but this may be beneficial to avoid further evaluations or making major decisions.
Corban OneSource (HRO) As a fully outsourced HR model, you retain complete control and autonomy over your HR department. Corban OneSource manages your day-to-day HR tasks while giving you more time to focus on strategy and growth. You remain in the driver’s seat for decision making – including choosing your broker and paying your employees under your EIN.
What this means: Insperity will institute a level of control that may alleviate your decision-making burden. Corban OneSource gives you independence while removing your administrative burden.
Benefits Administration
Another remarkable difference between the two providers comes with how each one administers benefits plans.
Insperity (PEO) A partnership with a PEO means that you are automatically enrolled into their self-administered, pooled benefits program. Typically, this comes with lower risk and easier administration. However, this completely removes your control over the plan design.
Corban OneSource (HRO) As a broker-agnostic HRO, Corban OneSource will work with any benefits broker you choose. This allows you the flexibility to find a provider who meets your needs best and allows you the ability to optimize your benefits plan.
What this means: Insperity reduces your overall risk by directly connecting your employees to their benefits plan. Corban OneSource gives you the strategic autonomy to find the benefits plan that fits your business best.
Support Teams
Partnering with an outsourcer means that your employees will have access to support teams to help manage load.
Insperity (PEO) Offering a more balanced model, Insperity will administer HR services, consulting, and integrate everything into their proprietary tech platform. They emphasize employee self-service but offer a service team to help with various HR administration. This includes training and development, performance management, and recruiting, among other things.
Corban OneSource (HRO) Utilizing a white glove approach, you will receive a dedicated support team of HR professionals to assist you with the HR department. Your employees will have access to US based teams for direct support through the HEROES call center or the online portal. This service is customized to each client, going so far as tailoring the greeting in the initial HEROES phone call.
What this means: Insperity uses a tech-first model, emphasizing employee self-service over live teams. Corban OneSource embeds a dedicated HR team to assist your staff when necessary.
Costs
Cost structures are another major point of differentiation, and each version is better for businesses at certain levels.
Insperity (PEO) Because of co-ownership and risk mitigation, Insperity bundles pricing with HR, benefits, and administration fees. Except for technology, which is billed per employee per month (PEPM), pricing is often complex and may feel like you are paying a premium. The upsides with benefits and shared liability are seen to outweigh these costs, however.
Corban OneSource (HRO) All pricing is per employee per month (PEPM) and there are no hidden fees associated with billing. As an HRO, it is illegal to inflate rates on insurance, taxes, workers’ compensation, and so on. Because of the independence provided to your department, you will know all third-party fees and costs.
What this means: Insperity bundles pricing across products and does not need to disclose third party fees. Corban OneSource uses a straightforward model where all fees are known.
What is the primary difference between Insperity and Corban OneSource?
The major difference between Insperity and Corban OneSource is their model. Insperity is a Professional Employer Organization (PEO) that uses a co-employment model and owns a part of your resources. Corban OneSource is a Human Resources Outsourcer (HRO) that gives you much more independence and acts as an HR team that runs your day-to-day activities, removing your administrative burden.
As a midsized business, the crux is the costs that you are willing to pay for services. PEOs tend to disguise fees and inflate costs, because this is where they make their profit. The ability to provide an entire HR ecosystem for a business makes this model extremely cost-effective for small businesses. However, as your business grows, this model becomes difficult to scale.
This is where an HRO becomes beneficial. With the autonomy provided by an HRO, you now know the fees and costs associated with your entire operation, and you can choose your own pieces of the puzzle like a benefits broker or HCM software. Additionally, with PEPM pricing, you have better control of your costs as they go up or down with the ebb and flow of a normal employment cycle.
The Bottom Line: Corban OneSource vs. Insperity
A PEO is advantageous and recommended for small businesses and start-ups. Corban OneSource will not even entertain partnerships with businesses under a certain number of employees. However, as you grow and scale, the needs of HR department changes, and your ability to meet those needs greatly depends on who you choose to outsource with.
Midsized companies who have outgrown their PEO have seen a 50% reduction in fees when switching to Corban OneSource HR outsourcing. A recent case study has shown a 450-employee company that initially saved $252,500 in the first year after leaving their PEO.
Cost savings aside, an HRO allows for more autonomy and control over your HR department by removing your administrative burden. We give you the freedom to focus on strategy and implementing plans to set your business up for success. Own your HR department. Choose Corban OneSource HR outsourcing.