Insperity Vs Justworks: Which Is Better For Your Business?
Short Answer for “insperity vs justworks”
Both provide comprehensive HR services to small and midsize businesses, but Insperity caters to a broader range of company sizes and industries, while Justworks focuses primarily on serving smaller businesses in emerging sectors.
Insperity and Justworks are both professional employer organizations (PEOs) that offer comprehensive HR services to small and midsize businesses. Insperity provides HR services like payroll processing, benefits administration, talent management, and compliance assistance, along with a wealth of employee training resources.
Justworks, on the other hand, offers medical, dental, and vision insurance, along with benefits like 401(k)s, mental health support, primary care, and fertility benefits. Both companies aim to provide high-quality HR and payroll solutions for small businesses, but they have different service offerings and areas of expertise.
Check out this Youtube video comparing Insperity and Justworks to see how full-service HR can transform your business.
Key Takeaways on Insperity vs Justworks
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Insperity serves a broader range of company sizes, including small, medium, and large enterprises, while Justworks primarily focuses on serving smaller businesses.
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Insperity excels in catering to various industries, such as information technology, management consulting services, healthcare, and financial and insurance, while Justworks focuses on providing essential HR and administrative support to startups and small enterprises in emerging sectors.
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Insperity has a higher market share compared to Justworks, but both companies are actively striving for growth and sustained relevance in the HR solutions industry.
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Insperity primarily focuses on the United States, while Justworks also has a notable regional presence in the U. S. and actively pursues international expansion efforts to cater to global HR needs.
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Justworks offers a comprehensive HR software solution for small and midsize businesses, focusing on payroll, benefits, compliance, and HR services, while Insperity provides HR services like payroll processing, benefits administration, talent management, and compliance assistance, along with a wealth of employee training resources.
Comparing the customer bases of Insperity and Justworks
Size of customer base
When comparing the customer base sizes of Insperity and Justworks, it’s essential to evaluate the number of companies and employees utilizing their services. Insperity caters to a wide range of companies, with a significant portion falling in the 20 – 49 employees category, followed by the 100 – 249 employees segment, and also a considerable presence in the 0 – 9 employees bracket.
This indicates that Insperity serves both small and medium-sized enterprises, offering a diverse appeal across company sizes.
On the other hand, Justworks predominantly serves companies with 20 – 49 employees, followed by a strong representation in the 0 – 9 employees category. This highlights Justworks’ focus on catering to smaller businesses, providing them with essential payroll and benefits services to streamline their operations effectively.
By prioritizing the needs of small enterprises, Justworks has carved out a niche in this segment of the market.
To offer a more detailed comparison of the customer base sizes, a comprehensive table showcasing the distribution of companies across various sizes for both Insperity and Justworks is provided below:
| Customer Size | Insperity Companies | Justworks Companies |
|---|---|---|
| 0-9 employees | 73 | 65 |
| 20-49 employees | 171 | 100 |
| 100-249 employees | 136 | – |
Both Insperity and Justworks have established strong customer bases, with Insperity catering to a broader range of company sizes, including small, medium, and large enterprises, while Justworks focuses primarily on serving smaller businesses.
Industries they serve
Insperity delivers comprehensive HR services to businesses across various industries, notably excelling in the information technology, management consulting services, healthcare, and financial and insurance sectors. By providing tailored solutions for these industries’ specific HR needs, Insperity has positioned itself as a versatile and reliable partner for businesses seeking HR support in these sectors.
Contrastingly, Justworks specializes in providing payroll, benefits, compliance, and HR services to small businesses, focusing on streamlining these essential functions. While not limited to specific industries, Justworks’ services are particularly beneficial to startups and small enterprises in emerging sectors that require seamless and efficient HR and administrative support.
In essence, Insperity and Justworks cater to distinct industry segments, with Insperity’s expertise extending across a diverse range of sectors, while Justworks concentrates on empowering and supporting the HR needs of emerging small businesses, irrespective of their industry verticals.
Comparing the market share of Insperity and Justworks
Market share in the HR solutions industry
In the highly competitive HR solutions industry, Insperity boasts a market share of 1.27% in the performance-management market. This places it in a strong position, directly competing with 102 other tools in the performance-management category. Some of the top alternatives to Insperity in the performance-management market include Odoo with a commanding market share of 26.09%, Cornerstone OnDemand with 16.08%, and Personio HR Software with 10.70% market share. Additionally, Insperity’s Workforce Administration competes with significant players in the Human Capital Management category such as Workday, which holds 24.70% of the market, and Oracle PeopleSoft with 16.95%.
On the other hand, Justworks has secured a 0.18% market share in the payroll-and-benefits market and competes with 145 other tools in the same category. Notable alternatives to Justworks in this space are QuickBooks Payroll with a dominant market share of 27.58%, Sage Business Cloud Payroll with 17.09%, and Ease with 8.58% market share. In the payroll-management market, Justworks captures a 0.24% market share and competes with 155 other tools. These figures showcase the competitive landscape Justworks operates within and the challenges it faces to gain a stronger market presence.
Growth trends
When analyzing growth trends, it is evident that both Insperity and Justworks are constantly striving to expand their market shares and garner more user adoption. Insperity’s 1.27% market share in the performance-management market signifies consistent performance and a strong foothold in a competitive space. Justworks, while currently holding a lower market share percentage, is actively engaging with 145 to 155 competitor tools in the payroll-and-benefits and payroll-management categories, respectively. This indicates a proactive approach to expanding its presence.
To get a detailed view of their growth trends, we can compare Insperity and Justworks‘s market share data over different time periods, analyzing any noticeable increasing or decreasing patterns. Assessing user trends, customer satisfaction, and features utilized by businesses in various industries will provide an insightful overview of the growth trajectory for both companies. It’s important to recognize that understanding market share dynamics is crucial for strategic planning and business expansion in the HR solutions industry.
To sum up, while Insperity currently holds a higher market share compared to Justworks, both players continue to navigate the dynamic HR solutions industry, aiming for growth and sustained relevance in their respective market segments.
Compare Insperity vs Justworks customers by geography
Regional presence
Insperity has a strong regional presence, primarily focusing on the United States. With over 70 offices across the country, Insperity offers localized support to its customers, ensuring tailored HR solutions that meet regional requirements.
This allows them to have a deep understanding of local employment laws, industry trends, and market demands, enabling them to provide customized services based on specific regional needs. On the other hand, Justworks has also established a notable regional presence, predominantly serving businesses in the United States.
They have strategically positioned offices in key business hubs to cater to the specific needs of localized customer bases.
Moreover, Insperity’s comprehensive regional presence allows them to build close relationships with local businesses, emphasizing personalized support and understanding of regional challenges. In contrast, Justworks’ localized approach enables them to address unique HR and compliance challenges in different states, fostering stronger connections with regional customers.
International expansion efforts
When it comes to international expansion efforts, Insperity has exhibited a more conservative approach, predominantly concentrating on the domestic market. While they have not extensively pursued international expansion, Insperity has shown a keen interest in potential global opportunities, occasionally exploring options for extending their services beyond the U. S. borders.
Conversely, Justworks has actively pursued international expansion efforts, aiming to broaden its footprint beyond the United States. This strategic move reflects their ambitious plans to cater to the HR needs of businesses operating on a global scale, demonstrating their commitment to providing comprehensive HR solutions worldwide.
While Insperity has a robust regional presence within the U. S. and has shown signs of potential international expansion, Justworks has strategically extended its operations within the United States and has actively pursued global expansion efforts, positioning themselves as a viable choice for businesses with international operations.
| Company | Regional Presence | International Expansion |
|---|---|---|
| Insperity | Strong regional presence with over 70 local offices across the United States | Exhibits a conservative approach with occasional exploration of international opportunities |
| Justworks | Notable regional presence, strategically located in key business hubs | Actively pursuing international expansion to cater to global HR needs |
Recommended Amazon Products for Choosing the Best HR Solution
Here’s a curated list of products that can help you find the best HR solution for your business. These recommendations are based on functionality, customer reviews, and industry expertise.
Zenefits HR Software
Zenefits offers a comprehensive HR software solution for small and midsize businesses. Its user-friendly interface, robust features, and positive customer feedback make it an excellent choice.
| Pros | Cons |
|---|---|
| Comprehensive HR features | Higher price point |
| User-friendly interface | Limited to smaller businesses |
| Positive customer reviews | Limited international support |
Gusto Payroll and Benefits Software
Gusto provides a seamless payroll and benefits solution, tailored for small businesses with its easy-to-use platform and efficient customer support.
| Pros | Cons |
|---|---|
| Easy-to-use platform | Limited HR features |
| Efficient customer support | Pricing may not be competitive for larger businesses |
| Scalable for growing companies | Limited international support |
BambooHR
BambooHR is an intuitive and flexible HR software with excellent tracking and reporting tools, making it a great fit for small to midsize companies.
| Pros | Cons |
|---|---|
| Intuitive and flexible | May lack functionality for complex enterprises |
| Excellent tracking and reporting tools | Learning curve for new users |
| Great user experience | Limited international support |
Namely HR Software
Namely’s comprehensive HR software offers robust features, flexible integrations, and excellent customer service, making it a suitable option for growing companies.
| Pros | Cons |
|---|---|
| Robust HR features | Slightly higher price point |
| Flexible integrations | Complexity for smaller businesses |
| Excellent customer service | Limited international support |
Insperity
Insperity provides comprehensive HR services like payroll processing, benefits administration, talent management, and compliance assistance, with a diverse appeal across company sizes and various industries, making it a reliable choice for businesses of all sizes.
Ready to find the best HR solution for your business? Check out Insperity today for the most comprehensive HR services.
Top Recommended Product for Choosing the Best HR Solution
If you’re looking for the best solution for choosing the best HR solution, we highly recommend Insperity. Here’s why:
Insperity provides comprehensive HR services tailored to businesses of all sizes, with a diverse appeal across industries, ensuring reliable and versatile HR support.
Ready to find the best HR solution for your business? Check out Insperity today for the most comprehensive HR services.
Conclusion
When comparing Insperity and Justworks, it is evident that both companies excel in providing HR and payroll solutions to small and midsize businesses. Insperity offers a diverse range of HR services, catering to companies of various sizes and across multiple industries.
On the other hand, Justworks focuses primarily on serving smaller businesses with essential payroll and benefits services, positioning itself as a reliable partner for startups and emerging sectors. Both companies have established strong customer bases, with Insperity catering to a broader range of company sizes, while Justworks prioritizes the needs of small enterprises.
When analyzing the market share and growth trends of Insperity and Justworks, it is clear that both companies are actively striving to expand their market presence and gain more user adoption. Insperity holds a higher market share, competing with significant players in the industry, while Justworks is engaged in a competitive landscape, actively pursuing growth opportunities in the payroll-and-benefits market.
Despite the differences in their market share percentages, both Insperity and Justworks continue to navigate the dynamic HR solutions industry, aiming for sustained relevance and growth in their respective market segments.
In terms of regional presence and international expansion efforts, Insperity and Justworks have strategically positioned offices to cater to localized customer bases predominantly in the United States. While Insperity has exhibited a more conservative approach with occasional exploration of international opportunities, Justworks has actively pursued global expansion efforts, demonstrating their commitment to providing comprehensive HR solutions worldwide.
As businesses continue to seek efficient HR and payroll solutions, both Insperity and Justworks are well-positioned to meet the diverse needs of small and midsize enterprises.
