TriNet - Market Share, Competitor Insights in Payroll Management (2024)

FAQs

TriNet - Market Share, Competitor Insights in Payroll Management? ›

The top three of TriNet's competitors in the Payroll Management category are Paylocity

Everything you manage on TriNet HR Platform directly syncs to our payroll processing application. Our payroll processing solution seamlessly integrates with other accounting and retirement platforms you already, which helps with efficiencies for your business.

What is Paylocity market share in the payroll-management? Paylocity has market share of 15.94% in payroll-management market. Paylocity competes with 146 competitor tools in payroll-management category.

Some of the companies that use TriNet include Zenefits, Victor 12, Inc., Serendipity Labs, Masabi, iMentor, Very, Egress Software Technologies, Adaptavist, DMC Biotechnologies, Inc, Mammoth Biosciences and many more. You can find a complete list of 366 companies that use TriNet on TheirStack.com.

Founded in 1988, TriNet provides a wide range of human resources services to small and medium-sized businesses, including payroll, compliance and tax credit services. It has nearly 23,000 clients, processing over $70 billion in payroll annually.

The majority of TriNet's customers for the payroll-management category fall in the company size of 20 - 49 employees (534 companies), 100 - 249 employees (258 companies), 0 - 9 employees (225 companies).

Cons and Limitations of TriNet

The main drawback is that companies with less than five employees still have to pay the minimum five-employee price for their plan. More cost-effective options may exist for teams that don't intend to grow their talent up to or beyond five employees.

TriNet helps simplify HR administration with access to payroll services, premium-level benefits, risk mitigation and compliance expertise—all delivered through industry-tailored service and a comprehensive technology platform—so you can devote more time to your business and your team.

In February 2022, Zenefits was acquired by Francisco Partners-owned TriNet and was renamed to TriNet Zenefits.

Who competes with Paylocity? ›

ADP Payroll has market share of 6.58% in payroll-management market. ADP Payroll competes with 146 competitor tools in payroll-management category. The top alternatives for ADP Payroll payroll-management tool are Paylocity with 15.94%, Paycom with 12.60%, Sage Payroll with 10.59% market share.

TriNet Zenefits is a prominent all-in-one HR and payroll, solution provider.

"Today's acquisition of Zenefits marks a historic day for TriNet and I could not be more excited to diversify our SMB product offering," said Burton M. Goldfield, TriNet President and CEO. "The addition of Zenefits furthers our mission to power the success of SMBs by supporting their growth and enabling their people.

Where can I find my paystubs? TriNet PEO customers: You can access your earnings statements online by navigating to TriNet (login.TriNet.com) > Money > Paychecks and Statements.

How does TriNet pricing work? TriNet charges monthly or quarterly subscription fees, with administrative costs ranging from $100 to $140 per employee per month (PEPM). These fees cover access to the software, outsourcing services, and competitive benefit plans and rates.

Note: Pricing starts at a 5 employee minimum, but companies of all sizes are welcome. Get the most value for your dollar. Looking for the most cost-effective option to get started with TriNet HR Platform?

No matter where your organization and its employees are located, TriNet has compliance expertise in all 50 states. You'll gain protection from employment-related lawsuits with our EPLI coverage at no additional cost.