Using All Those Tools - They sure do have a lot of stuff to play with on their platform and you can really do a lot with HR if you use them all, but are you going to? This tool seems like it would be better suited for someone who is exclusively assigned to an HR role, not a small business owner. There nothing that Namely can do to help you with that. It averages out so everyone is taking on the burden of the risk. The trouble with community rated pools is, everyone is also paying for companies that have a high risk of defaulting on their premiums and also those who have a high likelihood of filing a lot of claims. Everyone in the pool with an average employee age of between 25 and 55 is going to pay the same rates, regardless. The short explanation is for companies that have under 50 employees (and under 100 by 2016), they pay their rates based on a community rated pool. New York is one such state that has community rated health insurance regulations. The one thing it won’t do is the following: No Helping You With Lower Premiums - They can offer you about the same rates as any other insurance broker but what they can’t do is help you with rates and responsibilities for community rated health insurance pools. 3 Reasons Why Namely Isn’t The Best Choice Against A PEO It is a nice looking, easy on the eyes tool. One thing they put a lot of effort into was employee skill and review tools for you to catalog the skill sets of your employees and create a way to do 360 reviews, all from their program. They offer partners, just like Zenefits, for you to sign up and work with them for employee benefits and payroll.
If you want to really do a good job with upping your HR management game as a small business owner, this would help you do it. They created a lot of features to help you manage HR online. Also, Namely’s company website is a whole lot better to get around than most. Their claim is they built it with the user in mind, from the ground up. The lineless page with clean images and spacing make it a beautiful design choice for those who may not be as technically savvy as other users. It even makes Zenefits look like a wallflower compared to Namely. PEO Debate We’ll start with the positive points of Namely’s side of the argument. Burger King argument, there are some differences that set Namely apart and why we thought having a Namely vs. Even though these two seem to be similar as the age old McDonald’s vs. Funded by famous Silicon Valley venture fund, Sequoia Capital among others, they are setting their sights on being the foremost in the future of HR management, just like their competitor, Zenefits. Started at roughly the same time as Zenefits and headquartered in the same city, is online HR solution Namely.
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