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TriNet Life Sciences for Biotech, Medical Device and Pharmaceutical Industry

The HR Bundle that Supports Innovation

QB3 with Neurosave & Privail - TriNet Client
QB3 with Neurosave & Privail
More video

Misunderstood Resources of Early Stage Biotechnology Companies: Three Integrated Components

Read White Paper

The TriNet Life Sciences bundled HR solution answers the unique HR challenges faced by SMBs in the life sciences industry including biotech, pharmaceuticals and medical device companies. These companies compete with large pharmaceutical organizations and research universities for top talent and need to navigate an increasingly complex set of HR-related federal and state regulations. TriNet Life Sciences reduces the time businesses spend managing HR and administrative issues while providing enterprise-grade cloud capabilities. This enables entrepreneurs and management to focus on what’s important—developing scientific breakthroughs, commercializing products and building a team that delivers on this important pursuit.

  • Payroll Secure, seamless payroll preparation, tax reporting and remittances
  • Benefits Wide selection of benefit plans designed to attract and retain key talent
  • Risk & Compliance Compliance guidance expertise with all federal and state employment-related laws and regulations
  • HR Team Four-tiered team of HR professionals, including a support center
  • HR Cloud A secure HR platform including apps for hiring, expense management, learning management and performance management, making HR administration simple

Email Contact Our Life Sciences Experts

Payroll

PAYROLL

TriNet Life Sciences facilitates and administers all payroll requirements, including direct deposit, payroll and employment tax, PTO tracking, W-2 preparation and delivery, and provides access to comprehensive reporting capabilities. Securely transfer payroll journals into QuickBooks, and employees can also import their W-2s directly into TurboTax.

Benefits

BENEFITS

The TriNet Life Sciences benefits are designed to attract and retain in-demand doctors, scientists and researchers while containing HR costs. TriNet Life Sciences clients can choose from a wide range of plans from major national and regional providers.

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HEALTH CARE OPTIONS

Medical Health care plans from 10 providers:

  • 75 plans with Aetna
  • 6 plans with Blue Cross Blue Shield of NC
  • 8 plans with Blue Shield of California
  • CIGNA Global Health
  • 2 plans with Group Health
  • HMSA
  • Triple-S Salud
  • 6 plans with Tufts Health Plan
  • 19 plans with Kaiser Permanente
  • 9 plans with Florida Blue
Dental Dental plans with 4 providers:

  • 5 plans with Aetna Dental
  • 5 plans with Delta Dental
  • 4 plans with MetLife Dental
  • 4 plans with Guardian Dental
Vision
  • 4 plans with Aetna Vision
  • 4 plans with Vision Service Plan
Health Care Flexible
Spending Account
Administered by TriNet
Dependent Day Care Flexible Spending Account Administered by TriNet
Expatriate Medical Plan CIGNA Global Health Benefits
Medical Benefits Abroad CIGNA Global Health Benefits
Health Savings Account Administered by TriNet carrier banks

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LIFE AND DISABILITY INSURANCE OPTIONS

Short-term Disability 8 plans with Aetna
Long-term Disability 8 plans with Aetna
Life Insurance 6 plans with MetLife
Executive Disability Insurance MetLife
Supplemental Life/AD&D Insurance 17 plans with MetLife

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RETIREMENT, COMMUTER AND VOLUNTARY BENEFITS

401(k) Multiple Employer Plan Transamerica Retirement Solutions
Commuter Benefits WageWorks
Voluntary Benefits Aflac and MetLife

View Benefits as a PDF

Risk & Compliance

RISK & COMPLIANCE

TriNet Life Sciences reduces employer-related risks by assuming many of the responsibilities of being an employer, such as payroll tax deposits and reporting, unemployment tax reporting, workers’ compensation administration, custom employment handbook creation and Employment Practices Liability Insurance. All matters are handled with knowledge and experience in all federal and state employment laws, including the Affordable Care Act. The plans and policies are designed to cover life sciences specific workplaces, including laboratories and medical device manufacturing sites. Clients can have peace of mind knowing that they are not inadvertently violating relevant employment-related laws.

HR Team

HR TEAM

TriNet Life Sciences provides a four-tiered team of HR experts, each tier a clear and distinct channel dedicated to handling strategic, tactical or operational HR issues.

  • Human Capital Director: primary point of contact for senior executives, offering strategic HR guidance
  • Human Capital Consultant: day-to-day contact for a wide range of HR issues, including employment-related laws, HR policies and handling of sensitive employee matters
  • Client Services Associate: manages the set-up of payroll, leave policies, benefits, tax deductions, creating HR reports and how to navigate the TriNet Life Sciences portal
  • Solution Center: staffed by HR professionals to answer employees’ HR-related questions about paychecks, leaves, employee benefits, workers’ compensation, unemployment benefits, COBRA, etc.
Cloud Platform

HR CLOUD

The TriNet Life Sciences cloud platform provides a secure environment for managing HR. With simple navigation and task management, the platform eliminates paperwork and manual effort for all critical HR processes. It offers executives, managers and employees immediate access to the tools they need, including the TriNet mobile app.

TriNet Life Sciences offers TriNet Reports, an enterprise-class analytic tool that unlocks the potential of your business data. Sync salary and wage totals, taxes, health insurance and other benefit expenses with QuickBooks, and multi-reporting options enable customized data sorting. You gain actionable insights to make smart business decisions.

What’s more, TriNet Life Sciences includes HR productivity applications:

  • Performance management goal tracking and streamlined review process
  • Applicant tracking manages the hiring process, including job postings and a dedicated careers page
  • Expense management simplifies the entire expense reimbursement and reporting process from your smart phone, tablet or computer
  • Learning management provides an online training curriculum specific to life sciences companies

TriNet Cloud Terms of Service


Featured Clients

QB3 with Neurosave & Privail - TriNet Clients
QB3 with Neurosave & Privail

QB3 with Neurosave & Privail

Bell Biosystems - TriNet Client
Bell Biosystems

Bell Biosystems


Case Study

Primera Biosystems“PEOs really do provide an excellent opportunity for a rapidly-growing company to offer employees a wider variety of health plans at different price points and different plan designs.”
Jeanne Howarth, Senior Director, Human Resources | MedAvante
 Read Case Study


White Paper

Misunderstood Resources of Early Stage Biotechnology Companies: Three Integrated ComponentsMisunderstood Resources of Early Stage Biotechnology Companies: Three Integrated Components
In-depth insight and guidance on human capital resource types that biotech companies often overlook. Written by serial entrepreneur and scientist Dr. Craig Shimasaki, a vertical champion for TriNet Life Sciences. Helps life sciences/biotech companies make better use of the brainpower they have access to, including employees, external people and partner organizations.
Read White Paper


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