We have been using Zenefits for a couple months now and I have to say I am incredibly impressed. They are lightning-fast on customer support and their onboarding for new employees is super simple. They have saved me many hours and at least part of one tree.
I saw the Zenefits guy at a college talk recently, and I loved his perspective, which was diametrically opposite to silicon valley hype. His take was, find an "unsexy" problem and build your startup on that, because the chances that you're solving a real problem that real people encounter is much higher. Glad to see it's working out for him!
We've also been using Zenefits for a while now and it's amazing. Let's just say I have a lot less headaches to worry about and I can focus on more important things.
Parker and team are killing it. This is going to really disrupt insurance agencies.
Algentis companies are our favorite kind of client. We'll save you $2,000 / year per employee if you switch from Algentis (you won't have to pay any more algentis fees) and you don't have to change your existing health insurance (ie everything about you current plans, pricing, insurance cards, etc stays exactly the same). Best of all, it will only take you 60 secs to switch. We just need your policy numbers for your insurance, and then we'll set up payroll for you outside of Algentis -- usually through ZenPayroll, but can do it with whoever you'd like.
We switched to Zenefits from Algentis and couldn't be happier. The only thing we lost was some HR work (employee handbook generation, etc.) but saved many many thousands of dollars.
I'm glad to see they're rolling out all over the US. I really wanted to use them when I first heard about them but couldn't. It looks like I still have to wait until 2014 until they support a small business (i.e. < 20 employees) like mine, but I'm glad to hear they're on track to handle it.
Now the next question: who is going to buy them, how long will it take, and when they are finally purchased will they be torn apart by the buyer?
They aren't free, but these guys cover more benefits than Zenefits does. The business model isn't exactly the same either, but they do cater to small businesses. I have no financial interest in them, but I've been using them for like 15 years to handle my benefits, and off-and-on one other person on my payroll.