FOUNDER STRATEGY GUIDE
Every hour you spend on state tax nexus or health insurance premiums is an hour stolen from your product.
The hidden tax on a growing startup isn’t financial—it’s operational. Much like technical debt, “HR Debt” accrues interest. If your CTO is answering benefits questions and your onboarding is a series of frantic Slack messages, your velocity is at risk.
Learn how to pay down operational debt and build an infrastructure that scales as fast as your codebase.
Download this roadmap to master the four stages of startup evolution:
Focus on your product; let experts handle the “People Tax.” Build your world-class team on a world-class foundation.
*Data from napeo.org
Finicity began as a small, Utah-based start-up focused on a personal financial management application (then called Mvelopes) with only a few employees, including founders Nick Thomas and Steve Smith. As technology evolved, so did the company, becoming one of the most recognized fintech companies associated with open banking.
Finicity began working with Helpside in 2001 shortly after their company was founded. During our 20-year partnership, Finicity grew to over 250 employees in more than 20 states. In 2021, the company was acquired by Mastercard, expanding the company into a global organization with nearly 900 employees.
The annual return on investment, or overall cost savings, from using a PEO is estimated at 27.2%. Here are other benefits Helpside clients have experienced:
Decreased employee benefits costs and increased employee benefits options
Helpside offers six different health plans, four dental plans and three vision plans plus additional supplemental benefits at a cost that is typically 10-15% lower than other comparable options. This allows you to customize the perfect benefits package for your employees.
Increased compliance in payroll, benefits, HR, and employee safety
The regulations imposed on employers are ever increasing. Helpside employs experts in payroll, benefits, human resources, workers’ compensation, and employee safety to help you simplify the complicated world of employment and keep your company in compliance, avoiding costly fines and lawsuits.
Increased employee retention and decreased costly employee turnover
Employee turnover for PEO clients is 10-14% lower than comparable companies that do not use a PEO.* Offering a wide variety of benefits, giving employees access to their payroll information online, and creating increased efficiencies makes your company a more desirable place to work.
Decreased employee administration allows leaders to focus on growth
Removing the burden of payroll processing, unemployment claims processing, employee benefits administration, workers’ compensation administration, and much more from a small business leader allows you to focus on areas of the business that impact the bottom-line and overall business growth.
Helpside provides HR technology and solutions that recognize employees are humans. Enjoy self-service? Employees have access to their payroll and benefits information online 24/7 on their computer or mobile device. Need to talk to someone? Reach out to our Client Support Specialists via phone, email, or live chat. We are ready to answer your questions.
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