How Much Does PEO Cost in New Mexico?
Depending on the number of employees you have, the cost for PEO in New Mexico will cost $31-$40.99 per month plus $5.99 to $8.79 per employee. Check out reviews and options in the Land of Enchantment. Click below to get a quote from a provider near you:
Featured PEO Companies
You will have many options to consider when looking for PEO, and below are just a few featured companies with brand names you’ve grown to know and trust. We highly recommend that you consider these providers as viable options.
Pros: Perfect for small businesses
Cons: Fewer benefit options
Cost: $50/Month + $8/User
Pros: User-friendly interface
Cons: Fewer integrations available
Cost: $29.99/Month + $6/User
Pros: Intuitive user experience
Cons: Limited outside U.S. services
Cost: $40/Month + $6/User
Pros: Integrated platform simplicity
Cons: Complex pricing structure
Cost: $35/Month + $8/User
Find PEO Companies in New Mexico
Below are just a few cities in NEW MEXICO where we partner with PEO companies.
Albuquerque, NM
Santa Fe, NM
Las Cruces, NM
Rio Rancho, NM
Roswell, NM
Farmington, NM
Hobbs, NM
Carlsbad, NM
Clovis, NM
Alamogordo, NM
Los Lunas, NM
Gallup, NM
Deming, NM
Sunland Park, NM
Portales, NM
QUICK LINKS:
PEO Reviews
Average Pricing
PEO Services
Map Of New Mexico Service Areas
Finding the Best PEO Services in New Mexico: Cost, Reviews, and Providers
When businesses in New Mexico consider outsourcing their HR and payroll needs, partnering with a Professional Employer Organization (PEO) can be a smart choice. PEO services in New Mexico help small and medium-sized businesses manage complex HR tasks like payroll processing, benefits administration, regulatory compliance, and risk management, freeing up time to focus on growth. New Mexico companies that use PEO services benefit from access to comprehensive HR support, employee benefits at competitive rates, and compliance expertise that aligns with both state and federal regulations.
The cost of PEO services in New Mexico varies based on factors like company size, industry, and specific services required. By comparing PEO providers, New Mexico businesses can find a PEO that suits their needs and budget. PEOcosts.com makes it easy to explore the top PEOs servicing New Mexico, offering detailed reviews, pricing guides, and helpful information on choosing the best fit for each business.
Whether a company is in Albuquerque, Santa Fe, Las Cruces, or anywhere across New Mexico, finding the right PEO service can help it streamline operations, minimize HR-related stress, and maximize workforce productivity. Start exploring New Mexico’s top PEO providers to discover the right support for your business’s HR needs.
PEO Providers in New Mexico
Below is a list of just a few PEO providers located in New Mexico.
Sara Douglas & Co
1508 Plaza Encantada NW, Albuquerque, NM 87107
St. Claire’s Pockets Company
1892 Quiet Ln SW, Albuquerque, NM 87105
Wilson Employee Relations
6301 Asian School Rd, Albuquerque, NM 87110
Mrg Training Corp
2501 Alamo Ave SE, Albuquerque, NM 87106
Auto HR
12108 Eagle Rock Ave NE, Albuquerque, NM 87122
Calculating the Costs
What Factors Impact PEO Costs?
PEO (Professional Employer Organization) costs are influenced by a variety of factors, which can make pricing vary widely from one company to another. These costs depend on the services offered, the size of the business, the industry, and other specific needs of the client. Here’s a breakdown of key factors:
Number of Employees
The larger the workforce, the higher the total PEO cost, although the cost per employee may decrease with scale.
Types of Services Needed
Basic services, such as payroll and compliance, are cheaper than more comprehensive HR solutions like employee training or legal assistance.
Industry Risk Level
Industries with higher risks (e.g., construction) may face higher costs due to increased insurance and compliance needs.
Level of Customization
Companies needing highly customized PEO solutions will likely pay more than those opting for standard service packages.
Geographic Location
State and local employment laws vary, affecting the cost of compliance and labor management.
Employee Benefits
Offering extensive employee benefits, such as health insurance, retirement plans, and wellness programs, will increase costs.
Length of Contract
Some PEO providers offer discounts for long-term contracts, whereas short-term contracts may come with higher fees.
Service Level Agreements (SLAs)
Higher service guarantees, including faster response times and dedicated account managers, often come with a premium.
PEO Cost Per Employee
PEO Average Cost Ranges Between 3%-10% of Employee Wages.