If you’re like many entrepreneurs, you know what human resources is, and you probably know that it’s a responsibility - one you must take on before hiring your first employee. However, you might not know about the various options there are to help you manage your HR. On March 27th, 2020 HR Strategy Power-Connector Jessica Schultz, Venture Capital Practice Leader at TriNet joined FI Managing Director of Alumni Success Mike Suprovici for a practical deep-dive on startup Human Resources 101. It turns out, a lot of different HR options do exist, even for early-stage companies – and of course, there are advantages and disadvantages to each. Watch the presentation at https://youtu.be/QOPWb_Bj2R0 to understand your HR options, and learn practical tips on how to decide which is best for your business.

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belong to their respective companies. Reproduction or distribution in whole or part without express written
permission is prohibited.
Understanding
Your HR Options
Webinar
Founder’s Institute Presents
March 27th, 2020

2. © 2020 TriNet Group, Inc. All rights reserved. All trademarks, trade names, service marks and logos referenced herein belong
to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
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This presentation is for educational
purposes only. TriNet provides its clients
with legally compliant HR guidance and
best practices. TriNet does not provide legal,
tax or accounting advice.

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to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
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Today’s Speaker:
Jessica Schultz
Venture Capital Practice Leader
TriNet
Chicago, IL

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to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
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1. What HR solution options are available
2. What you need to know before you decide
3. Picking the right HR option for you
TOPICS
Understanding your HR Options

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to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
What HR Solution
Options are
Available

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to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
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Your HR Options
OPTION 1:
IN-HOUSE
OPTION 2:
MULTI-VENDOR
OPTION 3:
PEO

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to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
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Option 1: Running the HR Function In-House
WHAT THAT MEANS
Team of HR professionals who works for the
company and focuses strictly on their HR needs.
Ideal for: Large enterprises with abundant
resources.

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to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
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Option 2: Outsource HR Services to Multiple Vendors
WHAT THAT MEANS
SMBs choose solutions from a number of
different providers to suit their needs.
For example:
• A vendor for payroll processing
• A vendor for benefits
• A vendor for employee training
• A vendor for time & attendance
Ideal for: Mid-sized or large companies with very
specific needs.

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to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
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Option 3: Picking a PEO to Help Run Your HR Function
WHAT THAT MEANS
A professional employer organization (PEO) is a
single vendor solution that provides companies
with human resources services.
Company enters into a co-employment
relationship.
Ideal for: Small and medium size businesses that
are looking to scale and grow their business.

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to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
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Understanding the PEO Relationship
TriNet
Co-Employer
(PEO)
Worksite
Employee
Client
Worksite Employer
Client Service Agreement
Co-Employment
Relationship
Co-Employment
Relationship

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to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
What You Need to
Know Before You
Decide

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to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
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HR Function In-House
ADVANTAGES DISADVANTAGES
CONTROL
HR EXPERTISE
EXPENSIVE
TIME INTENSIVE
RESOURCE
INTENSIVE

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Outsource to Multiple Vendors
ADVANTAGES DISADVANTAGES
SCALABILITY
FLEXIBILITY
ADDITIONAL
WORK
NARROW
OFFERING
DISPARATE
SYSTEMS

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to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
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PEO to Help Run HR Function
ADVANTAGES
TIME
SAVINGS
RANGE OF
BENEFITS
HR EXPERTISE
RISK
MITIGATION
MONETARY
SAVINGS
DISADVANTAGES
COMPANY
TOO SMALL
CUSTOMIZATION

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to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
Picking the Right
HR Option for You

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to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
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• Do I find myself needing HR expertise or
burdened by HR administration?
• Am I looking to grow my business into multiple
states or cities?
• Is attracting and retaining talent a high priority?
• Is developing employees a top priority?
• Do I want my employees to have access to
benefits similar to large companies?
HOW TO PICK THE SOLUTION FOR YOU
Asking the Right Questions
If the Answer is Yes
to these questions,
likely a PEO is the
right option.

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to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
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Picking the Right PEO
RELEVANT EXPERTISE
Industry / Geography Match
KNOW THE CHARGED RATES
Flat Fee or Percentage
TRANSITION TIME
Setup Process
FIND AN ESTABLISHED PEO
Accreditations
COLLECT REFERENCES
Client Reviews
QUALITY BENEFITS /
PACKAGES
Business Needs Match

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Resources
ADDITIONAL RESOURCES
TriNet.com/eGuide

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to their respective companies. Reproduction or distribution in whole or part without express written permission is prohibited.
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For additional info please contact:
Jessica Schultz
Venture Capital Practice Leader
TriNet
Jessica.Schultz@TriNet.com
Schedule a meeting with Jessica here.
Cailie Mau
SaaS Practice Leader
TriNet
Cailie.Mau@TriNet.com
Schedule a meeting with Cailie here.